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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |