Flotek Industries (FTK) Tax Rate (2010 - 2026)
Flotek Industries' (FTK) quarterly Tax Rate came in at 25.65% in Q1 2026, up 2447.0% year-on-year from 1.01% in Q1 2025, and down 27.55% on a QoQ basis from 35.4% in Q4 2025.
Flotek Industries (FTK) Tax Rate (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has 17 years of Tax Rate data on file, last reported at 25.65% in Q1 2026.
- On a quarterly basis, Tax Rate rose 2447.0% year-over-year to 25.65% in Q1 2026; TTM through Mar 2026 was 45.54%, a 4873.0% decrease from a year earlier, with the FY2025 full-year figure at 55.32%, down 6114.0% from the prior year.
- Tax Rate for Q1 2026 stood at 25.65%, down from 35.4% in the prior quarter.
- Over the last five years, Tax Rate for FTK reached as high as 35.4% in Q4 2025 and fell as low as 162.88% in Q3 2025.
- Historically, Tax Rate has averaged 6.83% across 5 years, with a median of 1.18% in 2025.
- Across the five-year window, Tax Rate jumped 5075 bps in 2024 and tumbled 16432 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 0.64% in 2022, then jumped by 268 bps to 2.37% in 2023, then soared by 214 bps to 7.44% in 2024, then surged by 376 bps to 35.4% in 2025, then decreased by 28 bps to 25.65% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 25.65% in Q1 2026, 35.4% in Q4 2025, and 162.88% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 20.40 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 26.95 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 18.45 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 42.86 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 44.00 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.96 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 34.15 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 13.39 |
| 10 | Flotek Industries | 926.33 Mn | 926.22 Mn | 15.54 Mn | 25.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.65 |
| Mar 31, 2026 | 25.65 |
| Mar 31, 2026 | 25.65 |
| Dec 31, 2025 | 35.40 |
| Dec 31, 2025 | 35.40 |
| Dec 31, 2025 | 35.40 |
| Sep 30, 2025 | -162.88 |
| Sep 30, 2025 | -162.88 |
| Sep 30, 2025 | -162.88 |
| Jun 30, 2025 | 0.95 |
| Jun 30, 2025 | 0.95 |
| Jun 30, 2025 | 0.95 |
| Mar 31, 2025 | 1.18 |
| Mar 31, 2025 | 1.18 |
| Mar 31, 2025 | 1.18 |
| Dec 31, 2024 | 7.44 |
| Dec 31, 2024 | 7.44 |
| Dec 31, 2024 | 7.44 |
| Sep 30, 2024 | 1.44 |
| Sep 30, 2024 | 1.44 |