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| Date | Value |
|---|---|
| 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% |