Core Laboratories (CLB) Tax Rate (2022 - 2026)
Core Laboratories (CLB) reported Tax Rate of 29.88% for Q1 2026, down 6632.0% on a YoY basis from 0.46% in Q1 2025, and down 51.18% quarter-over-quarter from 61.21% in Q4 2025.
Core Laboratories (CLB) Tax Rate (2022 - 2026) Analysis & Trends
Core Laboratories has reported Tax Rate for 5 years, with the latest figure at 29.88% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 6632.0% year-over-year to 29.88%; the trailing twelve-month figure through Mar 2026 stood at 31.33% (down 155.0% YoY), and the FY2025 full-year result was 33.78%, up 340.0% from the prior year.
- Tax Rate for Q1 2026 stood at 29.88%, down from 61.21% in the prior quarter.
- The five-year high for Tax Rate was 96.2% in Q1 2025, with the low at 46.59% in Q2 2023.
- Historically, Tax Rate has averaged 32.71% across 5 years, with a median of 29.04% in 2026.
- Annual changes were most pronounced in 2023 — Tax Rate plunged 6659 bps — and 2024, when it surged 7478 bps.
- Core Laboratories' Tax Rate stood at 52.27% in 2022, then jumped by 49 bps to 77.8% in 2023, then sank by 55 bps to 34.94% in 2024, then jumped by 75 bps to 61.21% in 2025, then plunged by 51 bps to 29.88% in 2026.
- The last three Tax Rate figures came in at 29.88% (Q1 2026), 61.21% (Q4 2025), and 20.79% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | Core Laboratories | 595.72 Mn | 579.16 Mn | 95.84 Mn | 29.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.88% |
| Mar 31, 2026 | 29.88% |
| Dec 31, 2025 | 61.21% |
| Dec 31, 2025 | 61.21% |
| Sep 30, 2025 | 20.79% |
| Sep 30, 2025 | 20.79% |
| Jun 30, 2025 | 15.10% |
| Jun 30, 2025 | 15.10% |
| Mar 31, 2025 | 96.20% |
| Mar 31, 2025 | 96.20% |
| Dec 31, 2024 | 34.94% |
| Dec 31, 2024 | 34.94% |
| Sep 30, 2024 | 28.15% |
| Sep 30, 2024 | 28.15% |
| Jun 30, 2024 | 28.20% |
| Jun 30, 2024 | 28.20% |
| Mar 31, 2024 | 32.21% |
| Mar 31, 2024 | 32.21% |
| Dec 31, 2023 | 77.80% |
| Dec 31, 2023 | 77.80% |