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| Date | Value |
|---|---|
| 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% |