Freedom Holding (FRHC) Tax Rate (2014 - 2026)
Freedom Holding's (FRHC) quarterly Tax Rate came in at 22.47% in Q2 2026, up 115.0% year-over-year from 10.45% in Q2 2025, and down 69.76% quarter-over-quarter from 74.29% in Q1 2026.
Analysis
Freedom Holding (FRHC) Tax Rate (2014 - 2026) Analysis & Trends
Freedom Holding has disclosed Tax Rate across 13 years of filings, most recently posting 22.47% for Q2 2026.
- In Q2 2026, Tax Rate rose 115.0% year-over-year to 22.47%; the TTM figure through Jun 2026 stood at 31.68% (up 343.0% YoY), while the FY2026 annual figure was 32.15%, up 497.0% from the prior year.
- Tax Rate came in at 22.47% for Q2 2026 at Freedom Holding, down from 74.29% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 74.29% in Q1 2026 to a low of 2.94% in Q1 2022.
- Average Tax Rate over 5 years is 19.64%, with a median of 18.25% recorded in 2024.
- Year-over-year, Tax Rate plunged 6482 bps in 2022 and jumped 6629 bps in 2026.
- Over 5 years, Tax Rate stood at 9.85% in 2022, then soared by 41 bps to 13.93% in 2023, then surged by 47 bps to 20.53% in 2024, then retreated by 8 bps to 18.85% in 2025, then grew by 19 bps to 22.47% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 22.47% in Q2 2026, 74.29% in Q1 2026, and 18.85% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 21.54% |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | 23.07% |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | 22.60% |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 24.29% |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | 22.26% |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | 17.42% |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 23.61% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | -38.63% |
| 10 | Freedom Holding | 10.11 Bn | 10.11 Bn | 697.28 Mn | 22.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.47% |
| Mar 31, 2026 | 74.29% |
| Dec 31, 2025 | 18.85% |
| Sep 30, 2025 | 35.98% |
| Jun 30, 2025 | 21.31% |
| Mar 31, 2025 | 8.00% |
| Dec 31, 2024 | 20.53% |
| Sep 30, 2024 | 10.90% |
| Jun 30, 2024 | 17.64% |
| Mar 31, 2024 | 8.34% |
| Dec 31, 2023 | 13.93% |
| Sep 30, 2023 | 14.26% |
| Jun 30, 2023 | 19.69% |
| Mar 31, 2023 | 22.95% |
| Dec 31, 2022 | 9.85% |
| Sep 30, 2022 | 20.40% |
| Jun 30, 2022 | 17.07% |
| Mar 31, 2022 | -2.94% |
| Dec 31, 2021 | 3.11% |
| Sep 30, 2021 | 85.22% |