Growth Metrics

Freedom Holding (FRHC) Tax Rate (2015 - 2025)

Freedom Holding recorded quarterly Tax Rate of 18.85% in Q4 2025, down 47.61% quarter-over-quarter from 35.98% in Q3 2025, and down 168.0% year-over-year from 27.72% in Q4 2024.

Freedom Holding's Tax Rate history runs 11 years deep, the most recent figure standing at 18.85% for Q4 2025.

  • In Q4 2025, Tax Rate fell 168.0% year-over-year to 18.85%; the TTM figure through Dec 2025 stood at 92.43% (up 7888.0% YoY), while the FY2025 annual figure was 25.17%, up 1129.0% from the prior year.
  • Tax Rate came in at 18.85% for Q4 2025 at Freedom Holding, down from 35.98% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 35.98% in Q3 2025 to a low of 2.94% in Q1 2022.
  • A 5-year average of 15.23% and a median of 15.67% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 2139 bps in 2022 and jumped 2589 bps in 2023, its largest moves.
  • Freedom Holding's Tax Rate stood at 3.11% in 2021, then surged by 216 bps to 9.85% in 2022, then jumped by 41 bps to 13.93% in 2023, then soared by 47 bps to 20.53% in 2024, then decreased by 8 bps to 18.85% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods registered 18.85%, 35.98%, and 24.98% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Freedom Holding 8.88 Bn 8.01 Bn 603.27 Mn 18.85
2 Voya Financial 7.67 Bn 9.49 Bn 1.47 Bn 15.22
3 Hilltop Holdings 2.21 Bn 2.24 Bn -2.46 Mn 22.65
4 LendingTree 507.89 Mn 422.38 Mn 88.70 Mn 24.66
5 BRC Group Holdings 323.63 Mn 380.44 Mn 319.70 Mn 7.07
6 Orix - - 5.07 Bn 49.15

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 18.85
Dec 31, 2025 18.85
Sep 30, 2025 35.98
Sep 30, 2025 35.98
Jun 30, 2025 24.98
Jun 30, 2025 24.98
Mar 31, 2025 8.43
Mar 31, 2025 8.43
Dec 31, 2024 20.53
Dec 31, 2024 20.53
Sep 30, 2024 10.90
Sep 30, 2024 10.90
Jun 30, 2024 17.64
Jun 30, 2024 17.64
Mar 31, 2024 8.62
Mar 31, 2024 8.62
Dec 31, 2023 13.93
Dec 31, 2023 13.93
Sep 30, 2023 14.26
Sep 30, 2023 14.26
Jun 30, 2023 19.69
Jun 30, 2023 19.69
Mar 31, 2023 22.95
Mar 31, 2023 22.95
Dec 31, 2022 9.85
Dec 31, 2022 9.85
Sep 30, 2022 20.40
Sep 30, 2022 20.40
Jun 30, 2022 17.07
Jun 30, 2022 17.07
Mar 31, 2022 -2.94
Mar 31, 2022 -2.94
Dec 31, 2021 3.11
Dec 31, 2021 3.11
Sep 30, 2021 13.09
Sep 30, 2021 13.09
Jun 30, 2021 8.87
Jun 30, 2021 8.87
Mar 31, 2021 18.45
Mar 31, 2021 18.45
Sep 30, 2020 16.29
Sep 30, 2020 16.29
Jun 30, 2020 15.94
Jun 30, 2020 15.94
Mar 31, 2020 30.54
Mar 31, 2020 30.54
Dec 31, 2019 -5.05
Dec 31, 2019 -5.05
Sep 30, 2019 24.92
Sep 30, 2019 24.92
Jun 30, 2019 15.23
Jun 30, 2019 15.23
Mar 31, 2019 -2.63
Mar 31, 2019 -2.63
Dec 31, 2018 5.77
Dec 31, 2018 5.77
Sep 30, 2018 26.36
Sep 30, 2018 26.36
Jun 30, 2018 2.13
Jun 30, 2018 2.13
Mar 31, 2018 1.62
Mar 31, 2018 1.62
Dec 31, 2017 2.90
Dec 31, 2017 2.90
Sep 30, 2017 -489.42
Sep 30, 2017 -489.42
Jun 30, 2017 -0.37
Jun 30, 2017 -0.37
Mar 31, 2017 27.27
Mar 31, 2017 27.27
Dec 31, 2016 41.93
Dec 31, 2016 41.93
Sep 30, 2016 -3.73
Sep 30, 2016 -3.73
Jun 30, 2016 37.49
Jun 30, 2016 37.49
Mar 31, 2016 3.32
Mar 31, 2016 3.32
Dec 31, 2015 -2.83
Dec 31, 2015 -2.83
Sep 30, 2015 -0.23
Sep 30, 2015 -0.23
Jun 30, 2015 -0.07
Jun 30, 2015 -0.07
Mar 31, 2015 -0.07
Mar 31, 2015 -0.07