TechnipFMC (FTI) Tax Rate (2016 - 2026)

TechnipFMC's (FTI) quarterly Tax Rate came in at 26.95% in Q1 2026, down 1082.0% year-on-year from 2.74% in Q1 2025, and up 124.93% on a QoQ basis from 11.98% in Q4 2025.

TechnipFMC (FTI) Tax Rate (2016 - 2026) Analysis & Trends

TechnipFMC (FTI) has 11 years of Tax Rate data on file, last reported at 26.95% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 1082.0% year-over-year to 26.95% in Q1 2026; TTM through Mar 2026 was 22.34%, a 959.0% increase from a year earlier, with the FY2025 full-year figure at 23.85%, up 1480.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 26.95%, up from 11.98% in the prior quarter.
  • Over the last five years, Tax Rate for FTI reached as high as 82.74% in Q1 2023 and fell as low as 491.38% in Q1 2022.
  • Historically, Tax Rate has averaged 19.66% across 5 years, with a median of 23.6% in 2024.
  • Across the five-year window, Tax Rate sank 49675 bps in 2022 and soared 57412 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 228.57% in 2022, then surged by 124 bps to 53.85% in 2023, then sank by 116 bps to 8.4% in 2024, then jumped by 243 bps to 11.98% in 2025, then surged by 125 bps to 26.95% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 26.95% in Q1 2026, 11.98% in Q4 2025, and 19.66% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 70.54 Bn 68.33 Bn 5.38 Bn 20.40%
2 Tenaris 57.93 Bn 46.32 Bn 1.05 Bn -
3 TechnipFMC 30.31 Bn 29.04 Bn 1.64 Bn 26.95%
4 Halliburton 27.38 Bn 25.42 Bn 2.10 Bn 18.98%
5 Nov 7.25 Bn 5.97 Bn 379.00 Mn 42.86%
6 Archrock 6.68 Bn 6.68 Bn 247.42 Mn 23.96%
7 Weatherford International 6.15 Bn 5.02 Bn 776.00 Mn 44.00%
8 Kodiak Gas Services 5.93 Bn 5.84 Bn 222.88 Mn 13.39%
9 Oceaneering International 5.32 Bn 4.71 Bn 156.98 Mn 26.14%
10 USA Compression Partners 3.86 Bn 3.85 Bn 213.37 Mn 9.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.95%
Mar 31, 2026 26.95%
Mar 31, 2026 26.95%
Dec 31, 2025 11.98%
Dec 31, 2025 11.98%
Dec 31, 2025 11.98%
Sep 30, 2025 19.66%
Sep 30, 2025 19.66%
Sep 30, 2025 19.66%
Jun 30, 2025 28.42%
Jun 30, 2025 28.42%
Jun 30, 2025 28.42%
Mar 31, 2025 37.78%
Mar 31, 2025 37.78%
Mar 31, 2025 37.78%
Dec 31, 2024 -8.40%
Dec 31, 2024 -8.40%
Dec 31, 2024 -8.40%
Sep 30, 2024 -2.20%
Sep 30, 2024 -2.20%