TechnipFMC (FTI) Tax Rate (2016 - 2026)
TechnipFMC (FTI) posted quarterly Tax Rate of 23.96% for Q2 2026, down 445.0% year-over-year from 6.95% in Q2 2025, and down 11.1% quarter-over-quarter from 26.95% in Q1 2026.
TechnipFMC (FTI) Tax Rate (2016 - 2026) Analysis & Trends
TechnipFMC (FTI) has reported Tax Rate for 11 consecutive years, with 23.96% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 445.0% year-over-year to 23.96%; the TTM figure through Jun 2026 stood at 21.34% (up 576.0% YoY), while the FY2025 annual figure was 23.85%, up 1480.0% from the prior year.
- Tax Rate slipped to 23.96% in Q2 2026 per FTI's latest filing, from 26.95% in the prior quarter.
- Across five years, Tax Rate topped out at 82.74% in Q1 2023 and bottomed at 491.38% in Q1 2022.
- Historically, Tax Rate has averaged 17.24% across 5 years, with a median of 23.78% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 49675 bps — and 2023, when it surged 57412 bps.
- TechnipFMC's Tax Rate stood at 228.57% in 2022, then soared by 124 bps to 53.85% in 2023, then sank by 116 bps to 8.4% in 2024, then surged by 243 bps to 11.98% in 2025, then jumped by 100 bps to 23.96% in 2026.
- Business Quant data shows FTI's Tax Rate at 23.96% in Q2 2026, 26.95% in Q1 2026, and 11.98% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 27.77% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 26.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.96% |
| Jun 30, 2026 | 23.96% |
| Jun 30, 2026 | 23.96% |
| 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% |