Friedman Industries (FRD) Tax Rate (2010 - 2025)

Friedman Industries' (FRD) quarterly Tax Rate came in at 24.95% in Q4 2025, down 82.0% year-on-year from 138.61% in Q4 2024, and up 0.78% quarter-over-quarter from 24.76% in Q3 2025.

Friedman Industries (FRD) Tax Rate (2010 - 2025) Analysis & Trends

Friedman Industries has disclosed Tax Rate across 16 years of filings, most recently posting 24.95% for Q4 2025.

  • Tax Rate for Q4 2025 came in at 24.95%, down 82.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 17.27% (down 139.0% YoY), and the FY2025 annual result was 3.41%, down 1879.0% from the prior year.
  • Tax Rate came in at 24.95% for Q4 2025 at Friedman Industries, up from 24.76% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 30.53% in Q1 2022 to a low of 39.92% in Q1 2023.
  • The 5-year median for Tax Rate is 24.64% (2021), against an average of 18.04%.
  • Across the five-year window, Tax Rate tumbled 7046 bps in 2023 and soared 5918 bps in 2024, its largest moves.
  • Friedman Industries' Tax Rate stood at 24.63% in 2021, then grew by 1 bps to 24.79% in 2022, then plunged by 76 bps to 5.88% in 2023, then soared by 338 bps to 25.77% in 2024, then fell by 3 bps to 24.95% in 2025.
  • The last three Tax Rate figures came in at 24.95% (Q4 2025), 24.76% (Q3 2025), and 24.73% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 20.62%
3 ArcelorMittal 51.15 Bn 48.81 Bn - -18.06%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 22.04%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 24.01%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 26.38%
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 24.48%
10 Friedman Industries 169.97 Mn 165.36 Mn 30.50 Mn 24.95%

Historic Data

Download Data
DateValue
Dec 31, 2025 24.95%
Dec 31, 2025 24.95%
Sep 30, 2025 24.76%
Sep 30, 2025 24.76%
Jun 30, 2025 24.73%
Jun 30, 2025 24.73%
Mar 31, 2025 2.29%
Mar 31, 2025 2.29%
Dec 31, 2024 25.77%
Dec 31, 2024 25.77%
Sep 30, 2024 25.17%
Sep 30, 2024 25.17%
Jun 30, 2024 22.49%
Jun 30, 2024 22.49%
Mar 31, 2024 19.26%
Mar 31, 2024 19.26%
Dec 31, 2023 5.88%
Dec 31, 2023 5.88%
Sep 30, 2023 24.65%
Sep 30, 2023 24.65%