Flotek Industries (FTK) Tax Rate (2011 - 2026)
Flotek Industries' Tax Rate came in at 26.46% for Q2 2026, up 25.51 percentage points from 0.95% a year earlier and up 0.81 percentage points from the prior quarter.
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Analysis
Flotek Industries (FTK) Tax Rate (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Flotek Industries reported Tax Rate of -17.88%, down 21.13 percentage points year-over-year; for FY2025, it came in at -55.32%, down 61.14 percentage points from FY2024.
- Tax Rate carries a five-year change of -59.65 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 5.82% in FY2024 (+5.22 pp), 0.60% in FY2023 (+0.55 pp), 0.05% in FY2022 (-0.08 pp) and 0.13% in FY2021 (-4.20 pp).
- The five-year range for quarterly Tax Rate is -162.88% (Q3 2025) to 35.40% (Q4 2025).
- Year-over-year, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of -12.23 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2024 (a gain of 50.75 percentage points), and the weakest in Q3 2025 (a drop of 164.32 percentage points).
- Business Quant data shows FTK's Tax Rate at 25.65% (Q1 2026), 35.40% (Q4 2025) and -162.88% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 20.01% |
| 10 | Flotek Industries | 1.06 Bn | 1.04 Bn | 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% |
| 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% |
| Mar 31, 2023 | 0.04% |
| Jun 30, 2022 | 1.55% |
| Sep 30, 2021 | 0.59% |
| Dec 31, 2015 | 34.12% |
| Sep 30, 2015 | 16.84% |
| Sep 30, 2014 | 29.82% |
| Jun 30, 2014 | 35.14% |
| Mar 31, 2014 | 34.68% |
| Dec 31, 2013 | 35.88% |
API Access
Flotek Industries Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FTK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();