Drilling Tools International (DTI) Tax Rate (2022 - 2026)
Drilling Tools International's (DTI) quarterly Tax Rate came in at 28.64% in Q1 2026, up 1770.0% year-on-year from 1.53% in Q1 2025, and up 431.01% quarter-over-quarter from 8.65% in Q4 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 28.64% for Q1 2026.
- On a quarterly basis, Tax Rate rose 1770.0% year-over-year to 28.64% in Q1 2026; TTM through Mar 2026 was 14.43%, a 5330.0% decrease from a year earlier, with the FY2025 full-year figure at 31.69%, down 3068.0% from the prior year.
- Tax Rate rose to 28.64% in Q1 2026 per DTI's latest filing, from 8.65% in the prior quarter.
- Across five years, Tax Rate topped out at 59.49% in Q2 2023 and bottomed at 93.46% in Q3 2024.
- The 5-year median for Tax Rate is 9.41% (2022), against an average of 2.83%.
- Across the five-year window, Tax Rate surged 3619 bps in 2023 and slumped 12636 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 11.49% in 2022, then jumped by 110 bps to 1.13% in 2023, then jumped by 2021 bps to 24.02% in 2024, then plunged by 136 bps to 8.65% in 2025, then jumped by 431 bps to 28.64% in 2026.
- Per Business Quant, the three latest DTI Tax Rate figures stand at 28.64% (Q1 2026), 8.65% (Q4 2025), and 85.65% (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 | Drilling Tools International | 81.29 Mn | 81.29 Mn | 34.66 Mn | 28.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.64 |
| Mar 31, 2026 | 28.64 |
| Mar 31, 2026 | 28.64 |
| Dec 31, 2025 | -8.65 |
| Dec 31, 2025 | -8.65 |
| Dec 31, 2025 | -8.65 |
| Sep 30, 2025 | -85.65 |
| Sep 30, 2025 | -85.65 |
| Sep 30, 2025 | -85.65 |
| Jun 30, 2025 | -44.91 |
| Jun 30, 2025 | -44.91 |
| Jun 30, 2025 | -44.91 |
| Mar 31, 2025 | 10.94 |
| Mar 31, 2025 | 10.94 |
| Mar 31, 2025 | 10.94 |
| Dec 31, 2024 | 24.02 |
| Dec 31, 2024 | 24.02 |
| Dec 31, 2024 | 24.02 |
| Sep 30, 2024 | -93.46 |
| Sep 30, 2024 | -93.46 |