TotalEnergies SE (TTE) Tax Rate (2009 - 2026)
TotalEnergies SE's (TTE) quarterly Tax Rate came in at 13.89% in Q2 2026, up 100.0% on a YoY basis from 6.95% in Q2 2025, and up 209.82% quarter-over-quarter from 12.65% in Q1 2026.
Analysis
TotalEnergies SE (TTE) Tax Rate (2009 - 2026) Analysis & Trends
TotalEnergies SE (TTE) has reported Tax Rate for 18 consecutive years, with 13.89% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 100.0% year-over-year to 13.89%; the trailing twelve-month figure through Jun 2026 stood at 19.19% (down 267.0% YoY), and the FY2025 full-year result was 40.5%, down 30.0% from the prior year.
- Tax Rate grew to 13.89% in Q2 2026 per TTE's latest filing, from 12.65% in the prior quarter.
- Across five years, Tax Rate topped out at 15.14% in Q2 2024 and bottomed at 53.33% in Q4 2022.
- Historically, Tax Rate has averaged 7.31% across 5 years, with a median of 10.91% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 3601 bps in 2022, then soared 4055 bps in 2023.
- Over 5 years, Tax Rate stood at 53.33% in 2022, then surged by 76 bps to 12.77% in 2023, then grew by 9 bps to 11.62% in 2024, then surged by 36 bps to 7.44% in 2025, then surged by 287 bps to 13.89% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 13.89%, 12.65%, and 7.44% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 26.95% |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 31.41% |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 13.89% |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -32.93% |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | -62.89% |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 21.97% |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 26.47% |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 23.43% |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 23.37% |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 9.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.89% |
| Mar 31, 2026 | -12.65% |
| Dec 31, 2025 | -7.44% |
| Sep 30, 2025 | -9.15% |
| Jun 30, 2025 | 12.89% |
| Mar 31, 2025 | -11.17% |
| Dec 31, 2024 | -11.62% |
| Sep 30, 2024 | -8.12% |
| Jun 30, 2024 | 15.14% |
| Mar 31, 2024 | -11.79% |
| Dec 31, 2023 | -12.77% |
| Sep 30, 2023 | -10.65% |
| Jun 30, 2023 | 12.95% |
| Mar 31, 2023 | -14.87% |
| Dec 31, 2022 | -53.33% |
| Sep 30, 2022 | -23.11% |
| Jun 30, 2022 | 14.97% |
| Mar 31, 2022 | -14.73% |
| Dec 31, 2021 | -17.32% |
| Sep 30, 2021 | -7.86% |