TotalEnergies SE (TTE) Tax Provisions (2009 - 2026)
TotalEnergies SE's (TTE) quarterly Tax Provisions came in at -$3.2 billion in Q2 2026, down 49.76% on a YoY basis from -$6.3 billion in Q2 2025, and up 16.74% quarter-over-quarter from -$3.8 billion in Q1 2026.
Analysis
TotalEnergies SE (TTE) Tax Provisions (2009 - 2026) Analysis & Trends
TotalEnergies SE (TTE) has reported Tax Provisions for 18 consecutive years, with -$3.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 49.76% year-over-year to -$3.2 billion; the trailing twelve-month figure through Jun 2026 stood at -$11.2 billion (down 12.55% YoY), and the FY2025 full-year result was -$9.1 billion, up 15.62% from the prior year.
- Tax Provisions advanced to -$3.2 billion in Q2 2026 per TTE's latest filing, from -$3.8 billion in the prior quarter.
- Across five years, Tax Provisions topped out at $5.3 billion in Q2 2022 and bottomed at -$6.1 billion in Q3 2022.
- Historically, Tax Provisions has averaged -$2.9 billion across 5 years, with a median of -$2.9 billion in 2024.
- The widest YoY moves for Tax Provisions: up 228.4% in 2022, down 193.11% in 2022.
- Over 5 years, Tax Provisions stood at -$6.1 billion in 2022, then jumped by 45.06% to -$3.3 billion in 2023, then rose by 12.28% to -$2.9 billion in 2024, then soared by 37.52% to -$1.8 billion in 2025, then slumped by 72.35% to -$3.2 billion in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$3.2 billion, -$3.8 billion, and -$1.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 4.50 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 4.95 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -3.15 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -1.53 Bn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | -8.19 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 1.09 Bn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 1.32 Bn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 484.36 Mn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 915.00 Mn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 71.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.15 Bn |
| Mar 31, 2026 | -3.79 Bn |
| Dec 31, 2025 | -1.83 Bn |
| Sep 30, 2025 | -2.42 Bn |
| Jun 30, 2025 | -2.11 Bn |
| Mar 31, 2025 | -2.73 Bn |
| Dec 31, 2024 | -2.93 Bn |
| Sep 30, 2024 | -2.18 Bn |
| Jun 30, 2024 | -2.73 Bn |
| Mar 31, 2024 | -2.94 Bn |
| Dec 31, 2023 | -3.34 Bn |
| Sep 30, 2023 | -3.40 Bn |
| Jun 30, 2023 | -2.49 Bn |
| Mar 31, 2023 | -4.07 Bn |
| Dec 31, 2022 | -6.08 Bn |
| Sep 30, 2022 | -6.08 Bn |
| Jun 30, 2022 | 5.28 Bn |
| Mar 31, 2022 | -4.80 Bn |
| Dec 31, 2021 | -3.65 Bn |
| Sep 30, 2021 | -5.94 Bn |