TechnipFMC (FTI) Tax Rate (2016 - 2026)

TechnipFMC (FTI) reported Tax Rate of 26.95% for Q1 2026, down 1082.0% year-over-year from 2.74% in Q1 2025, and up 124.93% quarter-over-quarter 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.

  • Tax Rate for Q1 2026 came in at 26.95%, down 1082.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.34% (up 959.0% YoY), and the FY2025 annual result was 23.85%, up 1480.0% from the prior year.
  • Tax Rate grew to 26.95% in Q1 2026 per FTI's latest filing, from 11.98% in the prior quarter.
  • Over five years, Tax Rate peaked at 82.74% in Q1 2023 and troughed at 491.38% in Q1 2022.
  • A 5-year average of 19.66% and a median of 23.6% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 49675 bps in 2022, then surged 57412 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 228.57% in 2022, then surged by 124 bps to 53.85% in 2023, then plunged 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.
  • Business Quant data shows FTI's Tax Rate at 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 82.25 Bn 80.04 Bn 4.67 Bn 20.40%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 26.37%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 18.45%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 26.95%
5 Enerflex 8.62 Bn 8.57 Bn - -27.76%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 42.86%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -3.81%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 23.96%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 13.39%
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 29.20%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.95%
Mar 31, 2026 26.95%
Dec 31, 2025 11.98%
Dec 31, 2025 11.98%
Sep 30, 2025 19.66%
Sep 30, 2025 19.66%
Jun 30, 2025 28.42%
Jun 30, 2025 28.42%
Mar 31, 2025 37.78%
Mar 31, 2025 37.78%
Dec 31, 2024 -8.40%
Dec 31, 2024 -8.40%
Sep 30, 2024 -2.20%
Sep 30, 2024 -2.20%
Jun 30, 2024 24.11%
Jun 30, 2024 24.11%
Mar 31, 2024 23.60%
Mar 31, 2024 23.60%
Dec 31, 2023 53.85%
Dec 31, 2023 53.85%