Forum Energy Technologies (FET) Total Debt (2011 - 2026)
Forum Energy Technologies (FET) posted Total Debt of $143.71 million for Q2 2026, down 9.8% from $159.33 million a year earlier and down 6.5% from the prior quarter.
Forum Energy Technologies (FET) Total Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Forum Energy Technologies' Total Debt came in at $135.93 million, down 27.8% from FY2024.
- Annual Total Debt shows a five-year compound annual growth rate of -14.3% (FY2020 to FY2025).
- In prior years, Forum Energy Technologies' Total Debt was $188.39 million in FY2024 (+44.1%), $130.75 million in FY2023 (-45.5%), $239.91 million in FY2022 (+2.9%) and $233.23 million in FY2021 (-20.9%).
- Quarterly Total Debt has run from a low of $129.61 million in Q3 2023 to a high of $287.45 million in Q1 2024 over five years.
- On a year-over-year basis, Total Debt has declined in each of the last six quarters, with an average decline of 5.3% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q1 2024, with growth of 87.9%; the weakest was Q2 2023, with a decline of 48.5%.
- According to Business Quant data, Total Debt for the three prior quarters was $153.72 million (Q1 2026), $135.93 million (Q4 2025) and $139.99 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 12.80 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 16.25 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 401.90 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 90.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 1.71 Bn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 1.89 Bn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 5.12 Bn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 1.48 Bn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 1.09 Bn |
| 10 | Forum Energy Technologies | 910.50 Mn | 772.94 Mn | 71.35 Mn | 143.71 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 143.71 Mn |
| 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 |
Forum Energy Technologies Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=FET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "FET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();