TechnipFMC (FTI) Tax Rate (2016 - 2026)
TechnipFMC (FTI) reported Tax Rate of 19.94% for Q3 2026, up 0.28 percentage points from 19.66% a year earlier but down 4.02 percentage points from the prior quarter.
TechnipFMC (FTI) Tax Rate (2016 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, TechnipFMC's Tax Rate came in at 21.29%, up 0.37 percentage points year-over-year; for FY2025, it came in at 23.85%, up 14.80 percentage points from FY2024.
- Tax Rate has a four-year change of -32.23 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at 9.05% in FY2024 (-65.83 pp), 74.88% in FY2023 (-78.10 pp), 152.98% in FY2022 (+96.89 pp) and 56.08% in FY2021.
- Five-year quarterly Tax Rate spans a low of 11.98% in Q4 2025 and a high of 82.74% in Q1 2023.
- Year over year, Tax Rate gained in three of the last five quarters, with an average year-over-year change of +0.70 percentage points.
- Per Business Quant data, the three quarters before Q3 2026 came in at 23.96% (Q2 2026), 26.95% (Q1 2026) and 11.98% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.69 Bn | 71.14 Bn | 1.57 Bn | 23.45% |
| 2 | Baker Hughes | 48.29 Bn | 10.02 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 26.55 Bn | 18.45 Bn | 840.00 Mn | 18.32% |
| 4 | TechnipFMC | 25.06 Bn | 21.03 Bn | 728.70 Mn | 19.94% |
| 5 | Noble | 6.56 Bn | 4.63 Bn | 228.22 Mn | 830.35% |
| 6 | Nov | 6.32 Bn | 1.21 Bn | 439.00 Mn | 22.76% |
| 7 | Weatherford International | 6.16 Bn | 1.90 Bn | 374.00 Mn | 3.10% |
| 8 | Transocean | 5.81 Bn | 3.85 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.47 Bn | 3.23 Bn | 176.30 Mn | 53.94% |
| 10 | Kodiak Gas Services | 4.25 Bn | 4.01 Bn | 246.76 Mn | 28.81% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.94% |
| Jun 30, 2026 | 23.96% |
| Mar 31, 2026 | 26.95% |
| Dec 31, 2025 | 11.98% |
| Sep 30, 2025 | 19.66% |
| Jun 30, 2025 | 28.42% |
| Mar 31, 2025 | 37.78% |
| Jun 30, 2024 | 24.11% |
| Mar 31, 2024 | 23.60% |
| Dec 31, 2023 | 53.85% |
| Sep 30, 2023 | 17.23% |
| Mar 31, 2023 | 82.74% |
| Sep 30, 2022 | 79.96% |
| Jun 30, 2022 | 71.74% |
| Mar 31, 2021 | 5.37% |
| Jun 30, 2019 | 0.79% |
| Mar 31, 2019 | 42.27% |
| Sep 30, 2018 | 33.20% |
| Jun 30, 2018 | 37.01% |
| Mar 31, 2018 | 35.04% |
TechnipFMC Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();