Drilling Tools International (DTI) Tax Rate (2022 - 2026)

Drilling Tools International (DTI) recorded quarterly Tax Rate of 26.59% in Q1 2026, up 124.58% quarter-over-quarter from 108.18% in Q4 2025, and up 1565.0% on a YoY basis from 1.6% in Q1 2025.

Drilling Tools International (DTI) Tax Rate (2022 - 2026) Analysis & Trends

Drilling Tools International's Tax Rate history runs 5 years deep, the most recent figure standing at 26.59% for Q1 2026.

  • In Q1 2026, Tax Rate rose 1565.0% year-over-year to 26.59%; the TTM figure through Mar 2026 stood at 10.31% (down 1866.0% YoY), while the FY2025 annual figure was 23.54%, down 6729.0% from the prior year.
  • Tax Rate was 26.59% for Q1 2026 at Drilling Tools International, up from 108.18% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 60.53% in Q2 2023 to a low of 293.71% in Q4 2023.
  • Historically, Tax Rate has averaged 27.76% across 5 years, with a median of 9.58% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 30483 bps in 2023, then jumped 28285 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 11.11% in 2022, then slumped by 2743 bps to 293.71% in 2023, then jumped by 96 bps to 10.87% in 2024, then tumbled by 895 bps to 108.18% in 2025, then surged by 125 bps to 26.59% in 2026.
  • The last three Tax Rate figures came in at 26.59% (Q1 2026), 108.18% (Q4 2025), and 85.65% (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 Drilling Tools International 95.52 Mn 92.69 Mn 35.28 Mn 26.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.59%
Mar 31, 2026 26.59%
Dec 31, 2025 -108.18%
Dec 31, 2025 -108.18%
Sep 30, 2025 -85.65%
Sep 30, 2025 -85.65%
Jun 30, 2025 -42.14%
Jun 30, 2025 -42.14%
Mar 31, 2025 10.94%
Mar 31, 2025 10.94%
Dec 31, 2024 -10.87%
Dec 31, 2024 -10.87%
Sep 30, 2024 -93.46%
Sep 30, 2024 -93.46%
Jun 30, 2024 -28.98%
Jun 30, 2024 -28.98%
Mar 31, 2024 22.15%
Mar 31, 2024 22.15%
Dec 31, 2023 -293.71%
Dec 31, 2023 -293.71%