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 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 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 85.38

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