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
DateValue
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%