Friedman Industries (FRD) Tax Rate (2010 - 2026)
Friedman Industries (FRD) reported Tax Rate of 24.74% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 0.41 percentage points from 24.33% a year earlier but down 2.91 percentage points from the prior quarter.
Friedman Industries (FRD) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Friedman Industries' Tax Rate came in at 25.67%, up 3.09 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 25.93%, up 5.03 percentage points from FY2025.
- Tax Rate has a five-year change of +0.99 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at 20.90% in FY2025 (-4.70 pp), 25.60% in FY2024 (+1.32 pp), 24.28% in FY2023 (+1.02 pp) and 23.27% in FY2022 (-1.68 pp).
- Five-year quarterly Tax Rate spans a low of 5.88% in fiscal Q3 2024 and a high of 30.37% in fiscal Q4 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +2.26 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q3 2025 (a gain of 19.89 percentage points); the low point was fiscal Q3 2024 (a drop of 17.97 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 27.65% (Q4 2026), 24.00% (Q3 2026) and 24.76% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Friedman Industries | 275.53 Mn | 260.46 Mn | 21.03 Mn | 24.74% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.74% |
| Mar 31, 2026 | 27.65% |
| Dec 31, 2025 | 24.00% |
| Sep 30, 2025 | 24.76% |
| Jun 30, 2025 | 24.33% |
| Mar 31, 2025 | 21.95% |
| Jun 30, 2024 | 22.19% |
| Mar 31, 2024 | 30.37% |
| Dec 31, 2023 | 5.88% |
| Sep 30, 2023 | 24.65% |
| Jun 30, 2023 | 25.36% |
| Mar 31, 2023 | 25.90% |
| Dec 31, 2022 | 23.85% |
| Sep 30, 2022 | 22.93% |
| Jun 30, 2022 | 23.88% |
| Sep 30, 2021 | 24.67% |
| Jun 30, 2021 | 20.72% |
| Mar 31, 2021 | 25.17% |
| Dec 31, 2020 | 23.08% |
| Jun 30, 2019 | 27.67% |
Friedman Industries Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FRD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();