Flotek Industries (FTK) Tax Rate (2010 - 2026)
Flotek Industries' (FTK) quarterly Tax Rate came in at 26.46% in Q2 2026, up 2551.0% year-over-year from 1.0% in Q2 2025, and up 3.16% quarter-over-quarter from 25.65% in Q1 2026.
Analysis
Flotek Industries (FTK) Tax Rate (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Tax Rate for 17 consecutive years, with 26.46% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 2551.0% year-over-year to 26.46% in Q2 2026; TTM through Jun 2026 was 17.88%, a 2113.0% decrease from a year earlier, with the FY2025 full-year figure at 55.32%, down 6114.0% from the prior year.
- Tax Rate was 26.46% for Q2 2026 at Flotek Industries, up from 25.65% in the prior quarter.
- Over five years, Tax Rate peaked at 35.4% in Q4 2025 and troughed at 162.88% in Q3 2025.
- A 5-year average of 4.98% and a median of 1.31% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 5075 bps in 2024 and slumped 16432 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 0.64% in 2022, then soared by 268 bps to 2.37% in 2023, then surged by 214 bps to 7.44% in 2024, then jumped by 376 bps to 35.4% in 2025, then dropped by 25 bps to 26.46% in 2026.
- The last three Tax Rate figures came in at 26.46% (Q2 2026), 25.65% (Q1 2026), and 35.4% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 23.15% |
| 10 | Flotek Industries | 994.69 Mn | 990.29 Mn | 23.78 Mn | 26.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.46% |
| Mar 31, 2026 | 25.65% |
| Dec 31, 2025 | 35.40% |
| Sep 30, 2025 | -162.88% |
| Jun 30, 2025 | 0.95% |
| Mar 31, 2025 | 1.18% |
| Dec 31, 2024 | 7.44% |
| Sep 30, 2024 | 1.44% |
| Jun 30, 2024 | 0.75% |
| Mar 31, 2024 | 13.41% |
| Dec 31, 2023 | 2.37% |
| Sep 30, 2023 | 5.92% |
| Jun 30, 2023 | -50.00% |
| Mar 31, 2023 | 0.04% |
| Dec 31, 2022 | 0.64% |
| Sep 30, 2022 | -0.04% |
| Jun 30, 2022 | 1.55% |
| Mar 31, 2022 | 0.04% |
| Dec 31, 2021 | 0.43% |
| Sep 30, 2021 | 0.59% |