TechnipFMC FTI
NYSE FTI
$77.80 -0.36 (-0.46%)
As of: Sep 9, 2026 · 3:59 PM EDT

TechnipFMC (FTI) Tax Rate (2016 - 2026)

TechnipFMC's (FTI) quarterly Tax Rate came in at 23.78% in Q2 2026, down 358.0% year-over-year from 9.22% in Q2 2025, and down 10.28% quarter-over-quarter from 26.51% in Q1 2026.

Analysis

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

TechnipFMC (FTI) has reported Tax Rate for 11 consecutive years, with 23.78% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate fell 358.0% year-over-year to 23.78% in Q2 2026; TTM through Jun 2026 was 20.99%, a 614.0% increase from a year earlier, with the FY2025 full-year figure at 23.13%, up 1465.0% from the prior year.
  • Tax Rate was 23.78% for Q2 2026 at TechnipFMC, down from 26.51% in the prior quarter.
  • Over five years, Tax Rate peaked at 101.42% in Q1 2022 and troughed at 81.7% in Q2 2023.
  • A 5-year average of 25.46% and a median of 23.52% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate jumped 17051 bps in 2022 and slumped 10496 bps in 2023, its largest moves.
  • Over 5 years, Tax Rate stood at 65.16% in 2022, then fell by 27 bps to 47.72% in 2023, then tumbled by 117 bps to 7.9% in 2024, then soared by 249 bps to 11.79% in 2025, then jumped by 102 bps to 23.78% in 2026.
  • The last three Tax Rate figures came in at 23.78% (Q2 2026), 26.51% (Q1 2026), and 11.79% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 TechnipFMC 31.37 Bn 30.13 Bn 1.40 Bn 23.78%
2 Nov 7.64 Bn 6.53 Bn 521.00 Mn 26.11%
3 Cactus 4.89 Bn 4.76 Bn 215.38 Mn 27.39%
4 Enerflex 2.71 Bn 2.63 Bn 139.00 Mn 33.33%
5 Innovex International 2.07 Bn 1.85 Bn 83.65 Mn 29.30%
6 Flowco Holdings 1.91 Bn 2.90 Bn 49.17 Mn 13.06%
7 Forum Energy Technologies 901.05 Mn 867.34 Mn 71.35 Mn 22.50%
8 Oil States International 528.60 Mn 508.80 Mn 38.71 Mn 25.41%
9 OMS Energy Technologies 202.90 Mn 56.69 Mn - -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn 31.04%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.78%
Mar 31, 2026 26.51%
Dec 31, 2025 11.79%
Sep 30, 2025 19.14%
Jun 30, 2025 27.36%
Mar 31, 2025 36.22%
Dec 31, 2024 -7.90%
Sep 30, 2024 -2.08%
Jun 30, 2024 22.18%
Mar 31, 2024 22.26%
Dec 31, 2023 47.72%
Sep 30, 2023 13.94%
Jun 30, 2023 -81.70%
Mar 31, 2023 58.53%
Dec 31, 2022 65.16%
Sep 30, 2022 50.65%
Jun 30, 2022 23.27%
Mar 31, 2022 101.42%
Dec 31, 2021 -105.35%
Sep 30, 2021 43.01%