Core Laboratories (CLB) Tax Rate (2022 - 2026)
Core Laboratories' (CLB) quarterly Tax Rate came in at 25.0% in Q1 2026, down 7120.0% year-on-year from 0.36% in Q1 2025, and down 59.16% quarter-over-quarter from 61.21% in Q4 2025.
Core Laboratories (CLB) Tax Rate (2022 - 2026) Analysis & Trends
Core Laboratories' Tax Rate history runs 5 years deep, the most recent figure standing at 25.0% for Q1 2026.
- On a quarterly basis, Tax Rate fell 7120.0% year-over-year to 25.0% in Q1 2026; TTM through Mar 2026 was 31.46%, a 909.0% increase from a year earlier, with the FY2025 full-year figure at 33.78%, up 1310.0% from the prior year.
- Tax Rate declined to 25.0% in Q1 2026 per CLB's latest filing, from 61.21% in the prior quarter.
- Across five years, Tax Rate topped out at 178.3% in Q4 2023 and bottomed at 46.32% in Q2 2023.
- The 5-year median for Tax Rate is 24.34% (2022), against an average of 34.53%.
- Across the five-year window, Tax Rate surged 15463 bps in 2023 and slumped 18217 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 23.67% in 2022, then soared by 653 bps to 178.3% in 2023, then slumped by 102 bps to 3.87% in 2024, then soared by 1681 bps to 61.21% in 2025, then tumbled by 59 bps to 25.0% in 2026.
- Per Business Quant, the three latest CLB Tax Rate figures stand at 25.0% (Q1 2026), 61.21% (Q4 2025), and 20.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 20.40 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 26.95 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 18.45 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 42.86 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 44.00 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.96 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 34.15 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 13.39 |
| 10 | Core Laboratories | 537.67 Mn | 514.85 Mn | 45.68 Mn | 25.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.00 |
| Mar 31, 2026 | 25.00 |
| Mar 31, 2026 | 25.00 |
| Dec 31, 2025 | 61.21 |
| Dec 31, 2025 | 61.21 |
| Dec 31, 2025 | 61.21 |
| Sep 30, 2025 | 20.79 |
| Sep 30, 2025 | 20.79 |
| Sep 30, 2025 | 20.79 |
| Jun 30, 2025 | 15.19 |
| Jun 30, 2025 | 15.19 |
| Jun 30, 2025 | 15.19 |
| Mar 31, 2025 | 96.20 |
| Mar 31, 2025 | 96.20 |
| Mar 31, 2025 | 96.20 |
| Dec 31, 2024 | -3.87 |
| Dec 31, 2024 | -3.87 |
| Dec 31, 2024 | -3.87 |
| Sep 30, 2024 | 28.10 |
| Sep 30, 2024 | 28.10 |