Forum Energy Technologies (FET) Total Debt (2011 - 2026)
Forum Energy Technologies (FET) posted Total Debt of $155.1 million for Q1 2026, up 12.94% on a QoQ basis from $137.3 million in Q4 2025, and down 10.45% year-over-year from $173.2 million in Q1 2025.
Forum Energy Technologies (FET) Total Debt (2011 - 2026) Analysis & Trends
Forum Energy Technologies' Total Debt history runs 16 years deep, the most recent figure standing at $155.1 million for Q1 2026.
- Quarterly Total Debt fell 10.45% year-over-year to $155.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $155.1 million (down 10.45% YoY) and the FY2025 annual result came in at $137.3 million, down 27.82% from the prior year.
- Total Debt was $155.1 million for Q1 2026 at Forum Energy Technologies, up from $137.3 million in the prior quarter.
- Across five years, Total Debt topped out at $300.9 million in Q3 2024 and bottomed at $129.6 million in Q3 2023.
- A 5-year average of $197.1 million and a median of $173.2 million in 2025 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt surged 132.17% — and 2025, when it sank 53.48%.
- Forum Energy Technologies' Total Debt stood at $239.9 million in 2022, then slumped by 45.0% 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 gained by 12.94% to $155.1 million in 2026.
- Business Quant data shows FET's Total Debt at $155.1 million in Q1 2026, $137.3 million in Q4 2025, and $140.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 9.67 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 331.09 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 456.80 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 7.16 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.72 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 1.48 Bn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 2.38 Bn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 488.81 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 2.79 Bn |
| 10 | Forum Energy Technologies | 643.80 Mn | 606.31 Mn | 60.99 Mn | 155.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 155.10 Mn |
| Dec 31, 2025 | 137.34 Mn |
| Sep 30, 2025 | 139.99 Mn |
| Jun 30, 2025 | 159.33 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 | 287.45 Mn |
| Dec 31, 2023 | 131.94 Mn |
| Sep 30, 2023 | 129.61 Mn |
| Jun 30, 2023 | 139.93 Mn |
| Mar 31, 2023 | 152.99 Mn |
| Dec 31, 2022 | 239.91 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 |
| Jun 30, 2021 | 232.72 Mn |