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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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Forum Energy Technologies (FET) Tax Rate (2016 - 2025)

Forum Energy Technologies (FET) has disclosed Tax Rate for 11 consecutive years, with 59.61% as the latest value for Q2 2024.

  • For the quarter ending Q2 2024, Tax Rate fell 1968.0% year-over-year to 59.61%, compared with a TTM value of 303.72% through Jun 2024, down 37462.0%, and an annual FY2023 reading of 141.57%, down 20570.0% over the prior year.
  • Tax Rate was 59.61% for Q2 2024 at Forum Energy Technologies, down from 51.57% in the prior quarter.
  • Across five years, Tax Rate topped out at 27.87% in Q1 2020 and bottomed at 420.3% in Q1 2023.
  • Average Tax Rate over 4 years is 61.07%, with a median of 32.58% recorded in 2022.
  • The sharpest move saw Tax Rate tumbled -39507bps in 2023, then surged 36873bps in 2024.
  • Year by year, Tax Rate stood at 59.76% in 2020, then surged by 126bps to 15.63% in 2022, then tumbled by -356bps to 39.93% in 2023, then tumbled by -49bps to 59.61% in 2024.
  • Business Quant data shows Tax Rate for FET at 59.61% in Q2 2024, 51.57% in Q1 2024, and 39.93% in Q2 2023.