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| Date | Value |
|---|---|
| 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% |