FRD (Friedman Industries) Tax Rate %: 27.65% (As of Mar. 2026)

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FRD Friedman Industries Inc FRD
70 GF Score
Price $33.79
GF Value $22.29
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Friedman Industries Tax Rate %?

Friedman Industries FRD -3.46% 70 Tax Rate % is 27.65% as of Mar. 2026. GuruFocus rates FRD with a GF Score™ of 70/100 and a GF Value™ of $22.29 (Significantly Overvalued). The stock has 9 warning signs investors should review.

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. 2026 was $3.5 Mil. Friedman Industries's Pre-Tax Income for the three months ended in Mar. 2026 was $12.7 Mil. Therefore, Friedman Industries's Tax Rate % for the quarter that ended in Mar. 2026 was 27.65%.

Friedman Industries Tax Rate % Related Terms

Friedman Industries Tax Rate % Historical Data

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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.

Friedman Industries Tax Rate % Chart

Friedman Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.27 24.28 25.60 20.90 25.93

Friedman Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 21.95 24.33 24.76 24.00 27.65
FRD
70GF Score
Friedman Industries Inc FRD
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=6.839/26.372
=25.93 %

Friedman Industries's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=3.524/12.746
=27.65 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 27.65% mean?
Friedman Industries (FRD) has a Tax Rate % of 27.65% as of Mar. 2026.
Is Friedman Industries' Tax Rate % too high?
Friedman Industries' current Tax Rate % is 27.65%. Overall, Friedman Industries has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Tax Rate % compare to INHD and MSB?
Friedman Industries' Tax Rate % of 27.65% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Steel company?
A good Tax Rate % depends on the Steel industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Friedman Industries's current Tax Rate % is 27.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.29, compared to a current price of $33.79 — trading 51.6% above its estimated fair value. The current Tax Rate % is 27.65%. Friedman Industries' overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Friedman Industries (FRD), the current Tax Rate % is 27.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Friedman Industries (FRD) Overvalued in 2026?

Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued. The current stock price of $33.79 is trading 51.6% above its estimated GF Value™ of $22.29. GuruFocus considers Friedman Industries to be Significantly Overvalued.

Key valuation signals for FRD:

  • Tax Rate %: 27.65%
  • GF Value™: $22.29 vs. price of $33.79 (51.6% above fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Friedman Industries Business Description

Other Exchanges X36:Germany
Address 1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
70GF Score

Get the complete analysis for FRD

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.79
Price
$22.29
GF Value