Flotek Industries (FTK) Tax Rate (2010 - 2026)
Flotek Industries (FTK) posted quarterly Tax Rate of 25.65% for Q1 2026, up 2447.0% year-over-year from 1.01% in Q1 2025, and down 27.55% quarter-over-quarter from 35.4% in Q4 2025.
Flotek Industries (FTK) Tax Rate (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Tax Rate for 17 consecutive years, with 25.65% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 2447.0% year-over-year to 25.65%; the TTM figure through Mar 2026 stood at 45.54% (down 4873.0% YoY), while the FY2025 annual figure was 55.32%, down 6114.0% from the prior year.
- Tax Rate declined to 25.65% in Q1 2026 per FTK's latest filing, from 35.4% in the prior quarter.
- Across five years, Tax Rate topped out at 35.4% in Q4 2025 and bottomed at 162.88% in Q3 2025.
- Historically, Tax Rate has averaged 6.83% across 5 years, with a median of 1.18% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate soared 5075 bps — and 2025, when it sank 16432 bps.
- Flotek Industries' Tax Rate stood at 0.64% in 2022, then surged by 268 bps to 2.37% in 2023, then jumped by 214 bps to 7.44% in 2024, then soared by 376 bps to 35.4% in 2025, then fell by 28 bps to 25.65% in 2026.
- Business Quant data shows FTK's Tax Rate at 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 | 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 | Flotek Industries | 904.68 Mn | 900.28 Mn | 23.78 Mn | 26.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.46% |
| Jun 30, 2026 | 26.46% |
| Jun 30, 2026 | 26.46% |
| 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% |