KLX Energy Services Holdings (KLXE) Tax Rate (2018 - 2023)
KLX Energy Services Holdings' Tax Rate came in at 16.83% for Q2 2026, up 17.85 percentage points from -1.02% a year earlier and up 17.67 percentage points from the prior quarter.
KLX Energy Services Holdings (KLXE) Tax Rate (2018 - 2023) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, KLX Energy Services Holdings reported Tax Rate of 1.75%, up 2.61 percentage points year-over-year; for FY2025, it was -1.05%, up 0.10 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.93 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -1.15% in FY2024 (-14.66 pp), 13.51% in FY2023 (+37.51 pp), -24.00% in FY2022 (-23.68 pp) and -0.32% in FY2021.
- The Q2 2026 figure represents the highest quarterly Tax Rate in data going back to Q1 2021.
- Year-over-year, Tax Rate increased in four of the last six quarters, with an average year-over-year change of +2.37 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2026 (a gain of 17.85 percentage points), and the weakest in Q3 2024 (a drop of 6.30 percentage points).
- Business Quant data shows KLXE's Tax Rate at -0.84% (Q1 2026), -1.35% (Q4 2025) and -1.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 41.69% |
| 10 | KLX Energy Services Holdings | 30.85 Mn | 3.35 Mn | 36.40 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 3.80% |
| Mar 31, 2023 | 2.08% |
| Sep 30, 2022 | 2.63% |
| Jul 31, 2019 | 2.78% |
| Jan 31, 2019 | 9.26% |
| Jul 31, 2018 | 0.73% |
KLX Energy Services Holdings 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=KLXE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "KLXE", "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=KLXE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();