TechnipFMC (FTI) Tax Rate (2016 - 2026)
TechnipFMC (FTI) reported Tax Rate of 23.96% for Q2 2026, down 4.45 percentage points from 28.42% a year earlier and down 2.99 percentage points from the prior quarter.
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Analysis
TechnipFMC (FTI) Tax Rate (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TechnipFMC's Tax Rate came in at 21.34%, up 5.76 percentage points year-over-year; for FY2025, it came in at 23.85%, up 14.80 percentage points from FY2024.
- Tax Rate has a five-year change of +24.40 percentage points (FY2020 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 (+56.64 pp).
- Five-year quarterly Tax Rate spans a low of -491.38% in Q1 2022 and a high of 82.74% in Q1 2023.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of -4.53 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2023 (a gain of 574.12 percentage points); the low point was Q1 2022 (a drop of 496.75 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 26.95% (Q1 2026), 11.98% (Q4 2025) and 19.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 41.69% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 28.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Dec 31, 2017 | 175.76% |
API Access
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_KEYimport 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();