Forum Energy Technologies (FET) Total Debt (2011 - 2026)
Forum Energy Technologies' (FET) quarterly Total Debt came in at $145.0 million in Q2 2026, down 9.94% on a YoY basis from $161.0 million in Q2 2025, and down 6.53% quarter-over-quarter from $155.1 million in Q1 2026.
Analysis
Forum Energy Technologies (FET) Total Debt (2011 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Total Debt for 16 consecutive years, with $145.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 9.94% year-over-year to $145.0 million; the trailing twelve-month figure through Jun 2026 stood at $145.0 million (down 9.94% YoY), and the FY2025 full-year result was $137.3 million, down 27.82% from the prior year.
- Total Debt eased to $145.0 million in Q2 2026 per FET's latest filing, from $155.1 million in the prior quarter.
- Across five years, Total Debt topped out at $300.9 million in Q3 2024 and bottomed at $130.7 million in Q3 2023.
- Historically, Total Debt has averaged $194.9 million across 5 years, with a median of $167.1 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Total Debt jumped 130.26% in 2024, then plunged 53.0% in 2025.
- Over 5 years, Total Debt stood at $240.7 million in 2022, then slumped by 45.18% to $131.9 million in 2023, then soared by 44.2% to $190.3 million in 2024, then decreased by 27.82% to $137.3 million in 2025, then grew by 5.57% to $145.0 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $145.0 million, $155.1 million, and $137.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 30.15 Bn | 28.91 Bn | 1.40 Bn | 813.00 Mn |
| 2 | Nov | 7.57 Bn | 6.40 Bn | 521.00 Mn | 1.71 Bn |
| 3 | Cactus | 4.76 Bn | 4.40 Bn | 215.38 Mn | - |
| 4 | Enerflex | 2.74 Bn | 2.66 Bn | 139.00 Mn | 529.00 Mn |
| 5 | Innovex International | 2.01 Bn | 1.78 Bn | 83.65 Mn | 25.08 Mn |
| 6 | Forum Energy Technologies | 901.28 Mn | 867.56 Mn | 71.35 Mn | 144.98 Mn |
| 7 | Flowco Holdings | 893.15 Mn | 893.15 Mn | 49.17 Mn | 596.81 Mn |
| 8 | Oil States International | 499.83 Mn | 480.02 Mn | 38.71 Mn | 18.43 Mn |
| 9 | OMS Energy Technologies | 197.41 Mn | 43.45 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 7.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 144.98 Mn |
| Mar 31, 2026 | 155.10 Mn |
| Dec 31, 2025 | 137.34 Mn |
| Sep 30, 2025 | 141.42 Mn |
| Jun 30, 2025 | 160.99 Mn |
| Mar 31, 2025 | 173.21 Mn |
| Dec 31, 2024 | 190.26 Mn |
| Sep 30, 2024 | 300.92 Mn |
| Jun 30, 2024 | 259.38 Mn |
| Mar 31, 2024 | 292.60 Mn |
| Dec 31, 2023 | 131.94 Mn |
| Sep 30, 2023 | 130.69 Mn |
| Jun 30, 2023 | 139.93 Mn |
| Mar 31, 2023 | 153.98 Mn |
| Dec 31, 2022 | 240.69 Mn |
| Sep 30, 2022 | 248.52 Mn |
| Jun 30, 2022 | 270.23 Mn |
| Mar 31, 2022 | 235.24 Mn |
| Dec 31, 2021 | 234.09 Mn |
| Sep 30, 2021 | 232.13 Mn |