Forum Energy Technologies (FET) Tax Rate (2011 - 2026)
Forum Energy Technologies (FET) posted Tax Rate of 39.26% for Q1 2026, down 47.59% on a QoQ basis from 74.91% in Q4 2025, and down 3847.0% year-over-year from 1.05% in Q1 2025.
Forum Energy Technologies (FET) Tax Rate (2011 - 2026) Analysis & Trends
Forum Energy Technologies' Tax Rate history runs 16 years deep, the most recent figure standing at 39.26% for Q1 2026.
- Quarterly Tax Rate fell 3847.0% year-over-year to 39.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 132.98% (up 13913.0% YoY) and the FY2025 annual result came in at 158.24%, up 16361.0% from the prior year.
- Tax Rate was 39.26% for Q1 2026 at Forum Energy Technologies, down from 74.91% in the prior quarter.
- Across five years, Tax Rate topped out at 77.73% in Q1 2025 and bottomed at 420.3% in Q1 2023.
- A 5-year average of 30.32% and a median of 15.6% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 39507 bps — and 2024, when it jumped 36873 bps.
- Forum Energy Technologies' Tax Rate stood at 15.6% in 2022, then tumbled by 165 bps to 41.34% in 2023, then surged by 108 bps to 3.49% in 2024, then jumped by 2047 bps to 74.91% in 2025, then slumped by 48 bps to 39.26% in 2026.
- Business Quant data shows FET's Tax Rate at 39.26% in Q1 2026, 74.91% in Q4 2025, and 96.13% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 20.40 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 26.95 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 18.45 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 42.86 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 44.00 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.96 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 34.15 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 13.39 |
| 10 | Forum Energy Technologies | 643.80 Mn | 606.31 Mn | 60.99 Mn | 39.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.26 |
| Mar 31, 2026 | 39.26 |
| Mar 31, 2026 | 39.26 |
| Dec 31, 2025 | 74.91 |
| Dec 31, 2025 | 74.91 |
| Dec 31, 2025 | 74.91 |
| Sep 30, 2025 | -96.13 |
| Sep 30, 2025 | -96.13 |
| Sep 30, 2025 | -96.13 |
| Jun 30, 2025 | 44.68 |
| Jun 30, 2025 | 44.68 |
| Jun 30, 2025 | 44.68 |
| Mar 31, 2025 | 77.73 |
| Mar 31, 2025 | 77.73 |
| Mar 31, 2025 | 77.73 |
| Dec 31, 2024 | 3.49 |
| Dec 31, 2024 | 3.49 |
| Dec 31, 2024 | 3.49 |
| Sep 30, 2024 | -45.19 |
| Sep 30, 2024 | -45.19 |