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