Friedman Industries (FRD) Tax Rate (2010 - 2026)
Friedman Industries (FRD) posted Tax Rate of 17.44% for Q1 2026, down 27.33% sequentially from 24.0% in Q4 2025, and up 1586.0% YoY from 1.03% in Q1 2025.
Friedman Industries (FRD) Tax Rate (2010 - 2026) Analysis & Trends
Friedman Industries has reported Tax Rate for 17 years, with the latest figure at 17.44% in Q1 2026.
- Quarterly Tax Rate rose 1586.0% year-over-year to 17.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.0% (up 1810.0% YoY) and the FY2026 annual result came in at 21.0%, up 1830.0% from the prior year.
- Tax Rate slipped to 17.44% in Q1 2026 per FRD's latest filing, from 24.0% in the prior quarter.
- Over five years, Tax Rate peaked at 820.19% in Q2 2023 and troughed at 36.12% in Q1 2024.
- A 5-year average of 67.47% and a median of 24.33% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 77140 bps in 2023, then slumped 79770 bps in 2024.
- Over 5 years, Tax Rate stood at 23.85% in 2022, then plunged by 75 bps to 5.88% in 2023, then surged by 338 bps to 25.77% in 2024, then dropped by 7 bps to 24.0% in 2025, then declined by 27 bps to 17.44% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 17.44%, 24.0%, and 24.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | -4.70% |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 21.23% |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | -20.30% |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 22.34% |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 24.71% |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | 13.16% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -27.62% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | -88.84% |
| 10 | Friedman Industries | 290.98 Mn | 285.08 Mn | 21.03 Mn | 25.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.00% |
| Jun 30, 2026 | 25.00% |
| Jun 30, 2026 | 25.00% |
| Mar 31, 2026 | 17.44% |
| Mar 31, 2026 | 17.44% |
| Mar 31, 2026 | 17.44% |
| Dec 31, 2025 | 24.00% |
| Dec 31, 2025 | 24.00% |
| Dec 31, 2025 | 24.00% |
| Sep 30, 2025 | 24.76% |
| Sep 30, 2025 | 24.76% |
| Sep 30, 2025 | 24.76% |
| Jun 30, 2025 | 24.33% |
| Jun 30, 2025 | 24.33% |
| Jun 30, 2025 | 24.33% |
| Mar 31, 2025 | 1.58% |
| Mar 31, 2025 | 1.58% |
| Mar 31, 2025 | 1.58% |
| Dec 31, 2024 | 25.77% |
| Dec 31, 2024 | 25.77% |