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 | 70.54 Bn | 68.33 Bn | 5.38 Bn | 20.40% |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 26.95% |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 18.98% |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | 42.86% |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 23.96% |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | 13.39% |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 26.14% |
| 10 | USA Compression Partners | 3.86 Bn | 3.85 Bn | 213.37 Mn | 9.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |