Drilling Tools International (DTI) Tax Rate (2022 - 2026)
Drilling Tools International (DTI) posted quarterly Tax Rate of 28.64% for Q1 2026, up 1770.0% year-over-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.
- In Q1 2026, Tax Rate rose 1770.0% year-over-year to 28.64%; the TTM figure through Mar 2026 stood at 14.43% (down 5330.0% YoY), while the FY2025 annual figure was 31.69%, down 3068.0% from the prior year.
- Tax Rate for Q1 2026 stood at 28.64%, up from 8.65% in the prior quarter.
- The five-year high for Tax Rate was 59.49% in Q2 2023, with the low at 93.46% in Q3 2024.
- The 5-year median for Tax Rate is 9.41% (2022), against an average of 2.83%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 3619 bps in 2023, then sank 12636 bps in 2024.
- Drilling Tools International's Tax Rate stood at 11.49% in 2022, then soared by 110 bps to 1.13% in 2023, then soared by 2021 bps to 24.02% in 2024, then sank by 136 bps to 8.65% in 2025, then soared by 431 bps to 28.64% in 2026.
- Business Quant data shows DTI's Tax Rate at 28.64% in Q1 2026, 8.65% in Q4 2025, and 85.65% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.08 Bn | 46.35 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 52.95 Bn | 43.92 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 31.09 Bn | 29.85 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.55 Bn | 27.50 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.58 Bn | 5.44 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.66 Bn | 5.52 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.55 Bn | 5.55 Bn | 244.51 Mn | 27.77% |
| 10 | Drilling Tools International | 90.84 Mn | 88.32 Mn | 24.94 Mn | 5.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.35% |
| Jun 30, 2026 | 5.35% |
| Jun 30, 2026 | 5.35% |
| 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% |