Forum Energy Technologies (FET) Total Debt (2011 - 2026)
Forum Energy Technologies (FET) reported Total Debt of $153.7 million for Q1 2026, down 10.3% on a YoY basis from $171.4 million in Q1 2025, and up 13.09% quarter-over-quarter from $135.9 million in Q4 2025.
Forum Energy Technologies (FET) Total Debt (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Total Debt for 16 years, with the latest figure at $153.7 million in Q1 2026.
- For the quarter ending Q1 2026, Total Debt fell 10.3% year-over-year to $153.7 million; the trailing twelve-month figure through Mar 2026 stood at $153.7 million (down 10.3% YoY), and the FY2025 full-year result was $135.9 million, down 27.85% from the prior year.
- Total Debt for Q1 2026 stood at $153.7 million, up from $135.9 million in the prior quarter.
- The five-year high for Total Debt was $287.5 million in Q1 2024, with the low at $129.6 million in Q3 2023.
- Historically, Total Debt has averaged $192.0 million across 5 years, with a median of $171.4 million in 2025.
- Annual changes were most pronounced in 2023 — Total Debt tumbled 48.47% — and 2024, when it surged 87.89%.
- Forum Energy Technologies' Total Debt stood at $239.9 million in 2022, then slumped by 45.5% to $130.8 million in 2023, then jumped by 44.08% to $188.4 million in 2024, then declined by 27.85% to $135.9 million in 2025, then advanced by 13.09% to $153.7 million in 2026.
- The last three Total Debt figures came in at $153.7 million (Q1 2026), $135.9 million (Q4 2025), and $140.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 9.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 16.16 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 90.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 420.40 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 417.34 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 1.72 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.48 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 2.38 Bn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.79 Bn |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 153.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 153.72 Mn |
| Dec 31, 2025 | 135.93 Mn |
| Sep 30, 2025 | 139.99 Mn |
| Jun 30, 2025 | 159.33 Mn |
| Mar 31, 2025 | 171.38 Mn |
| Dec 31, 2024 | 188.39 Mn |
| Sep 30, 2024 | 231.54 Mn |
| Jun 30, 2024 | 252.87 Mn |
| Mar 31, 2024 | 287.45 Mn |
| Dec 31, 2023 | 130.75 Mn |
| Sep 30, 2023 | 129.61 Mn |
| Jun 30, 2023 | 138.88 Mn |
| Mar 31, 2023 | 152.99 Mn |
| Dec 31, 2022 | 239.91 Mn |
| Sep 30, 2022 | 248.01 Mn |
| Jun 30, 2022 | 269.54 Mn |
| Mar 31, 2022 | 234.49 Mn |
| Dec 31, 2021 | 233.23 Mn |
| Sep 30, 2021 | 232.13 Mn |
| Jun 30, 2021 | 232.72 Mn |