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Friedman Industries (FRA:X36) Tax Rate % : 30.56% (As of Mar. 2024)


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What is Friedman Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Friedman Industries's Tax Expense for the three months ended in Mar. 2024 was €2.0 Mil. Friedman Industries's Pre-Tax Income for the three months ended in Mar. 2024 was €6.6 Mil. Therefore, Friedman Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 30.56%.

Friedman Industries Tax Rate % Historical Data

The historical data trend for Friedman Industries's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Friedman Industries Tax Rate % Chart

Friedman Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.24 24.94 23.27 24.28 25.60

Friedman Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.89 25.00 24.66 5.89 30.56

Friedman Industries Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Friedman Industries's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=5.491/21.449
=25.60 %

Friedman Industries's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=2.008/6.57
=30.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Friedman Industries Tax Rate % Related Terms

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Friedman Industries (FRA:X36) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Friedman Industries Inc (FRA:X36) » Definitions » Tax Rate %
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WEBC ACNT HUDI MSB ZKIN HLP INHD USAP RDUS ZEUS NUE BOM:500228 NSE:TATASTEEL SHSE:600019 XKRX:005490 STLD XAMS:MT TSE:5401 MIC:CHMF RS
Traded in Other Exchanges
FRD:USA
Address
1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Website
https://www.friedmanindustries.com
Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.

Friedman Industries (FRA:X36) Headlines

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