Friedman Industries (FRD) Long-Term Deferred Tax (2015 - 2022)

Friedman Industries' (FRD) quarterly Long-Term Deferred Tax came in at $2.1 million in Q1 2022, up 14.41% year-on-year from $1.9 million in Q1 2021, and up 159.94% quarter-over-quarter from $820568.0 in Q4 2021.

Friedman Industries (FRD) Long-Term Deferred Tax (2015 - 2022) Analysis & Trends

Friedman Industries has disclosed Long-Term Deferred Tax across 7 years of filings, most recently posting $2.1 million for Q1 2022.

  • Long-Term Deferred Tax for Q1 2022 came in at $2.1 million, up 14.41% year-over-year; the trailing twelve-month figure through Mar 2022 was $2.1 million (up 14.41% YoY), and the FY2022 annual result was $2.1 million, up 14.41% from the prior year.
  • Long-Term Deferred Tax came in at $2.1 million for Q1 2022 at Friedman Industries, up from $820568.0 in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $6.3 million in Q2 2021 to a low of $40639.0 in Q4 2019.
  • The 4-year median for Long-Term Deferred Tax is $708967.0 (2020), against an average of $1.8 million.
  • Across the five-year window, Long-Term Deferred Tax surged 960.93% in 2021 and grew 14.41% in 2022, its largest moves.
  • Friedman Industries' Long-Term Deferred Tax stood at $40639.0 in 2019, then surged by 1272.81% to $557895.0 in 2020, then soared by 47.08% to $820568.0 in 2021, then jumped by 159.94% to $2.1 million in 2022.
  • The last three Long-Term Deferred Tax figures came in at $2.1 million (Q1 2022), $820568.0 (Q4 2021), and $5.1 million (Q3 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn
10 Friedman Industries 169.97 Mn 165.36 Mn 30.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2022 2.13 Mn
Dec 31, 2021 820,568.00
Sep 30, 2021 5.10 Mn
Jun 30, 2021 6.34 Mn
Mar 31, 2021 1.86 Mn
Sep 30, 2020 557,895.00
Jun 30, 2020 597,366.00
Mar 31, 2020 448,665.00
Dec 31, 2019 40,639.00
Sep 30, 2019 304,527.00
Dec 31, 2017 463,728.00
Sep 30, 2017 960,185.00
Jun 30, 2017 1.11 Mn
Mar 31, 2017 1.17 Mn
Dec 31, 2016 1.08 Mn
Sep 30, 2016 947,561.00
Jun 30, 2016 449,658.00
Mar 31, 2016 408,502.00
Dec 31, 2015 80,624.00
Sep 30, 2015 116,202.00