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Friedman Industries, Incorporated(FRD)Earnings, Financials & Key Ratios
FRD•NASDAQ
$20.89
$149M mkt cap·24.0× P/E·Price updated May 6, 2026
AboutFriedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.Show more
- Revenue$445M-13.9%
- EBITDA$6M-77.0%
- Net Income$6M-64.9%
- EPS (Diluted)0.87-63.6%
- Gross Margin10.23%-27.1%
- EBITDA Margin1.42%-73.3%
- Operating Margin0.68%-85.6%
- Net Margin1.37%-59.3%
- ROE4.68%-67.2%
- ROIC1.32%-88.7%
- Debt/Equity0.38+12.7%
- Interest Coverage1.03-87.1%
FRD Key Insights
Friedman Industries, Incorporated (FRD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 25.6%
- ✓Share count reduced 3.3% through buybacks
- ✓Trading at only 1.1x book value
- ✓Efficient asset utilization: 2.0x turnover
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
FRD Price & Volume
Friedman Industries, Incorporated (FRD) stock price & volume — 10-year historical chart
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FRD Growth Metrics
Friedman Industries, Incorporated (FRD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years15.17%
5 Years25.62%
3 Years15.95%
TTM30.55%
Profit CAGR
10 Years31.88%
5 Years-
3 Years-24.37%
TTM191.1%
EPS CAGR
10 Years30.66%
5 Years-
3 Years-24.73%
TTM194.04%
Return on Capital
10 Years9.08%
5 Years18.27%
3 Years11.07%
Last Year1.67%
FRD Recent Earnings
Friedman Industries, Incorporated (FRD) EPS & revenue vs analyst estimates — last 4 quarters
Q1 2026Latest
Feb 9, 2026EPS
$0.43
Revenue
$168M
Q4 2025
Nov 10, 2025EPS
$0.32
Revenue
$152M
Q3 2025
Aug 7, 2025EPS
$0.71
Revenue
$135M
Q3 2025
Jun 12, 2025EPS
$0.76
Revenue
$129M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 9, 2026 | $0.43 | $168M |
| Q4 2025 | Nov 10, 2025 | $0.32 | $152M |
| Q3 2025 | Aug 7, 2025 | $0.71 | $135M |
| Q3 2025 | Jun 12, 2025 | $0.76 | $129M |
Based on last 12 quarters of dataView full earnings history →
FRD Peer Comparison
Friedman Industries, Incorporated (FRD) competitors in Steel Service Centers and Processing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ZEUS | 532.97M | 47.86 | 24.29 | -10.03% | 0.73% | 2.39% | 0.79% | 0.55 |
 RS | 19.01B | 372.04 | 26.61 | 3.32% | 5.43% | 11.17% | 2.64% | 0.28 |
 SSD | 7.87B | 190.15 | 23.08 | 4.51% | 14.92% | 16.86% | 3.76% | 0.24 |
 STLD | 34.4B | 237.46 | 29.72 | 3.63% | 7.22% | 15.29% | 1.46% | 0.47 |
 NUE | 52.86B | 232.07 | 30.86 | 5.73% | 6.82% | 10.58% | 0.32 | |
 CMC | 7.75B | 69.79 | 94.31 | -1.61% | 5.46% | 10.15% | 4.03% | 0.32 |
 CLF | 6.07B | 10.65 | -3.55 | -3% | -7.94% | -23.38% | 1.15 | |
 WOR | 2.69B | 54.64 | 28.46 | -7.4% | 8.42% | 11.57% | 5.92% | 0.35 |
Compare FRD vs Peers
Friedman Industries, Incorporated (FRD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FRD Income Statement
Friedman Industries, Incorporated (FRD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 77.76M | 121.16M | 187.15M | 142.1M | 126.1M | 285.24M | 547.54M | 516.25M | 444.6M | 584.35M |
| Revenue Growth % | -4.75% | 55.82% | 54.47% | -24.07% | -11.26% | 126.19% | 91.96% | -5.71% | -13.88% | 30.55% |
| Cost of Goods Sold | 77.95M | 112.91M | 174.25M | 139.49M | 102.52M | 244.25M | 477.56M | 443.83M | 399.13M | 377.43M |
| COGS % of Revenue | 100.25% | 93.19% | 93.1% | 98.16% | 81.3% | 85.63% | 87.22% | 85.97% | 89.77% | - |
| Gross Profit | -191.62K▲ 0% | 8.25M▲ 4406.3% | 12.91M▲ 56.4% | 2.61M▼ 79.8% | 23.59M▲ 803.5% | 40.99M▲ 73.8% | 69.98M▲ 70.7% | 72.42M▲ 3.5% | 45.48M▼ 37.2% | 38.95M▲ 0% |
| Gross Margin % | -0.25% | 6.81% | 6.9% | 1.84% | 18.7% | 14.37% | 12.78% | 14.03% | 10.23% | 6.67% |
| Gross Profit Growth % | -104.08% | 4406.34% | 56.41% | -79.78% | 803.53% | 73.78% | 70.73% | 3.49% | -37.2% | - |
| Operating Expenses | 4.02M | 4.18M | 180.33M | 9.47M | 7.86M | 12.47M | 48.9M | 47.9M | 42.43M | 30.33M |
| OpEx % of Revenue | 5.17% | 3.45% | 96.35% | 6.66% | 6.23% | 4.37% | 8.93% | 9.28% | 9.54% | - |
| Selling, General & Admin | 4.02M | 4.18M | 4.78M | 0 | 0 | 0 | 46.38M | 44.83M | 16.17M | 22.73M |
| SG&A % of Revenue | 5.17% | 3.45% | 2.56% | - | - | - | 8.47% | 8.68% | 3.64% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -180.33M | 9.47M | 7.86M | 12.47M | 2.53M | 3.07M | 26.26M | 1000K |
| Operating Income | -4.21M▲ 0% | 4.04M▲ 196.0% | 6.38M▲ 57.9% | -6.86M▼ 207.4% | 15.73M▲ 329.3% | 28.52M▲ 81.4% | 21.07M▼ 26.1% | 24.52M▲ 16.3% | 3.04M▼ 87.6% | 19.67M▲ 0% |
| Operating Margin % | -5.41% | 3.34% | 3.41% | -4.83% | 12.47% | 10% | 3.85% | 4.75% | 0.68% | 3.37% |
| Operating Income Growth % | -18113.01% | 196.02% | 57.91% | -207.43% | 329.32% | 81.36% | -26.11% | 16.34% | -87.59% | - |
| EBITDA | -2.62M | 5.4M | 7.72M | -5.33M | 16.74M | 29.84M | 23.6M | 27.59M | 6.33M | 23.31M |
| EBITDA Margin % | -3.36% | 4.46% | 4.13% | -3.75% | 13.27% | 10.46% | 4.31% | 5.34% | 1.42% | 3.99% |
| EBITDA Growth % | -254.11% | 306.42% | 43.07% | -169.04% | 413.89% | 78.27% | -20.91% | 16.9% | -77.04% | 217.32% |
| D&A (Non-Cash Add-back) | 1.59M | 1.36M | 1.34M | 1.52M | 1.01M | 1.32M | 2.53M | 3.07M | 3.29M | 3.64M |
| EBIT | -4.15M | 5.79M | 6.84M | -2.51M | 15.75M | 28.52M | 30.41M | 26.39M | 10.65M | 18.67M |
| Net Interest Income | 59.01K | -2.95K | 422.96K | 14.45K | -24.62K | -255K | -2.22M | -3.07M | -2.95M | -2.2M |
| Interest Income | 59.01K | 24.9K | 440.5K | 19.26K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 27.85K | 17.55K | 4.81K | 24.62K | 255K | 2.22M | 3.07M | 2.95M | 925K |
| Other Income/Expense | 59.01K | 24.9K | 440.5K | 19.26K | -503.42K | -10.19M | 7.12M | -1.2M | 4.65M | 801K |
| Pretax Income | -4.15M▲ 0% | 4.07M▲ 198.0% | 6.82M▲ 67.8% | -6.84M▼ 200.2% | 15.22M▲ 322.6% | 18.33M▲ 20.4% | 28.19M▲ 53.8% | 23.31M▼ 17.3% | 7.69M▼ 67.0% | 20.47M▲ 0% |
| Pretax Margin % | -5.34% | 3.36% | 3.65% | -4.81% | 12.07% | 6.43% | 5.15% | 4.52% | 1.73% | 3.5% |
| Income Tax | -1.47M | 1.31M | 1.72M | -1.59M | 3.8M | 4.26M | 6.84M | 5.97M | 1.61M | 3.86M |
| Effective Tax Rate % | 35.47% | 32.16% | 25.26% | 23.24% | 24.95% | 23.27% | 24.28% | 25.6% | 20.9% | 18.84% |
| Net Income | -2.68M▲ 0% | 2.76M▲ 203.0% | 5.1M▲ 84.8% | -5.25M▼ 202.9% | 11.42M▲ 317.6% | 14.07M▲ 23.1% | 21.34M▲ 51.7% | 17.34M▼ 18.7% | 6.08M▼ 64.9% | 16.59M▲ 0% |
| Net Margin % | -3.45% | 2.28% | 2.73% | -3.69% | 9.06% | 4.93% | 3.9% | 3.36% | 1.37% | 2.84% |
| Net Income Growth % | -1011.12% | 203.01% | 84.82% | -202.93% | 317.64% | 23.12% | 51.74% | -18.74% | -64.92% | 191.1% |
| Net Income (Continuing) | -2.68M | 3.93M | 5.1M | -5.25M | 11.42M | 14.07M | 21.34M | 17.34M | 6.08M | 12.61M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.39▲ 0% | 0.39▲ 200.0% | 0.73▲ 87.2% | -0.75▼ 202.7% | 1.63▲ 317.3% | 2.04▲ 25.2% | 2.91▲ 42.6% | 2.39▼ 17.9% | 0.87▼ 63.6% | 2.38▲ 0% |
| EPS Growth % | -1075% | 200% | 87.18% | -202.74% | 317.33% | 25.15% | 42.65% | -17.87% | -63.6% | 194.04% |
| EPS (Basic) | -0.39 | 0.39 | 0.73 | -0.75 | 1.63 | 2.04 | 2.91 | 2.39 | 0.87 | - |
| Diluted Shares Outstanding | 6.85M | 7.01M | 7.01M | 7M | 7.03M | 6.62M | 7.33M | 7.18M | 6.94M | 6.97M |
| Basic Shares Outstanding | 6.85M | 7.01M | 7.01M | 7M | 7.03M | 6.62M | 7.33M | 7.18M | 6.94M | 6.97M |
| Dividend Payout Ratio | - | 10.16% | 23.37% | - | 4.94% | 3.92% | 2.76% | 3.35% | 18.32% | - |
FRD Balance Sheet
Friedman Industries, Incorporated (FRD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 45.43M | 59.98M | 74.46M | 65.21M | 77.53M | 125.36M | 143.66M | 170.06M | 166.47M | 231.48M |
| Cash & Short-Term Investments | 1.46M | 4.05M | 11.67M | 17.06M | 8.19M | 2.6M | 2.99M | 2.89M | 3.69M | 3M |
| Cash Only | 1.46M | 4.05M | 11.67M | 17.06M | 8.19M | 2.6M | 2.99M | 2.89M | 3.69M | 3M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.94M | 17.46M | 13.18M | 11.71M | 20.38M | 35.67M | 49.37M | 47.33M | 47.48M | 55.8M |
| Days Sales Outstanding | 41.96 | 52.6 | 25.71 | 30.07 | 58.98 | 45.65 | 32.91 | 33.46 | 38.98 | 33.77 |
| Inventory | 34.92M | 38.04M | 49.06M | 35.67M | 36.02M | 67.95M | 86.25M | 115.8M | 113.69M | 169.17M |
| Days Inventory Outstanding | 163.51 | 122.97 | 102.77 | 93.33 | 128.23 | 101.54 | 65.92 | 95.24 | 103.97 | 132.46 |
| Other Current Assets | 113.54K | 429.1K | 543.55K | 780.18K | 12.95M | 19.15M | 5.05M | 4.04M | 1.62M | 3.5M |
| Total Non-Current Assets | 17.83M | 14.38M | 12.15M | 12.5M | 17.47M | 33.91M | 55.66M | 59.95M | 60.35M | 80.38M |
| Property, Plant & Equipment | 15.17M | 14.17M | 11.91M | 11.55M | 15.47M | 30.11M | 55.2M | 59.6M | 59.09M | 4.91M |
| Fixed Asset Turnover | 5.12x | 8.55x | 15.71x | 12.30x | 8.15x | 9.47x | 9.92x | 8.66x | 7.52x | 11.55x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.49M | -248.03K | -76.84K | 580.48K | 2.01M | 1.67M | 453K | 356K | 1.26M | 79.56M |
| Total Assets | 63.26M▲ 0% | 74.36M▲ 17.5% | 86.6M▲ 16.5% | 77.71M▼ 10.3% | 95.01M▲ 22.3% | 159.28M▲ 67.6% | 199.31M▲ 25.1% | 230.02M▲ 15.4% | 226.82M▼ 1.4% | 311.86M▲ 0% |
| Asset Turnover | 1.23x | 1.63x | 2.16x | 1.83x | 1.33x | 1.79x | 2.75x | 2.24x | 1.96x | 2.19x |
| Asset Growth % | -5.42% | 17.55% | 16.46% | -10.26% | 22.25% | 67.64% | 25.14% | 15.41% | -1.39% | 94.09% |
| Total Current Liabilities | 2.36M | 11.03M | 12.36M | 9.65M | 29.07M | 60.81M | 45.09M | 54.11M | 38.32M | 64.41M |
| Accounts Payable | 2M | 10.23M | 11.58M | 8.9M | 15.18M | 44.62M | 36.85M | 41.54M | 35.3M | 0 |
| Days Payables Outstanding | 9.38 | 33.08 | 24.25 | 23.28 | 54.05 | 66.67 | 28.16 | 34.16 | 32.29 | 33.47 |
| Short-Term Debt | 0 | 0 | 0 | 148.16K | 1.52M | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 70.09K | 140.19K | 279.98K | 139.99K | 9.57M | 14.57M | 7.21M | 4.31M | 2.09M | 64.41M |
| Current Ratio | 19.28x | 5.44x | 6.02x | 6.76x | 2.67x | 2.06x | 3.19x | 3.14x | 4.34x | 4.34x |
| Quick Ratio | 4.46x | 1.99x | 2.05x | 3.06x | 1.43x | 0.94x | 1.27x | 1.00x | 1.38x | 1.38x |
| Cash Conversion Cycle | 196.09 | 142.49 | 104.23 | 100.12 | 133.17 | 80.51 | 70.66 | 94.54 | 110.66 | 132.76 |
| Total Non-Current Liabilities | 550.28K | 278.25K | 1.76M | 1.2M | 596.56K | 18.78M | 38.79M | 48.44M | 56.07M | 105.23M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 171.97K | 18.44M | 33.12M | 40.29M | 47.73M | 4.28M |
| Capital Lease Obligations | 0 | 0 | 0 | 372.35K | 265.56K | 222K | 1.22M | 2.78M | 2.75M | 9.93M |
| Deferred Tax Liabilities | 0 | 103.2K | 1.55M | 731.09K | 0 | 0 | 4.36M | 5.26M | 5.48M | 21.78M |
| Other Non-Current Liabilities | 550.28K | 175.06K | 210.26K | 99.86K | 159.03K | 119.36K | 96K | 40.4M | 115K | 99.47M |
| Total Liabilities | 2.91M | 11.31M | 14.12M | 10.85M | 29.67M | 79.59M | 83.88M | 102.54M | 94.4M | 169.65M |
| Total Debt | 0 | 0 | 0 | 520.51K | 2.06M | 18.82M | 34.45M | 43.13M | 50.48M | 4.28M |
| Net Debt | -1.46M | -4.05M | -11.67M | -16.54M | -6.13M | 16.22M | 31.45M | 40.24M | 46.79M | 1.28M |
| Debt / Equity | - | - | - | 0.01x | 0.03x | 0.24x | 0.30x | 0.34x | 0.38x | 0.38x |
| Debt / EBITDA | - | - | - | - | 0.12x | 0.63x | 1.46x | 1.56x | 7.97x | 0.18x |
| Net Debt / EBITDA | - | -0.75x | -1.51x | - | -0.37x | 0.54x | 1.33x | 1.46x | 7.39x | 7.39x |
| Interest Coverage | - | 145.17x | 363.81x | -1426.85x | 638.75x | 111.84x | 9.50x | 7.98x | 1.03x | 20.19x |
| Total Equity | 60.36M▲ 0% | 63.05M▲ 4.5% | 72.48M▲ 15.0% | 66.87M▼ 7.7% | 65.34M▼ 2.3% | 79.69M▲ 22.0% | 115.43M▲ 44.9% | 127.47M▲ 10.4% | 132.43M▲ 3.9% | 142.21M▲ 0% |
| Equity Growth % | -4.56% | 4.47% | 14.95% | -7.75% | -2.28% | 21.96% | 44.86% | 10.43% | 3.88% | 29.59% |
| Book Value per Share | 8.81 | 9.00 | 10.34 | 9.55 | 9.30 | 12.03 | 15.74 | 17.75 | 19.07 | 20.42 |
| Total Shareholders' Equity | 60.36M | 63.05M | 72.48M | 66.87M | 65.34M | 79.69M | 115.43M | 127.47M | 132.43M | 142.21M |
| Common Stock | 8.19M | 8.19M | 8.21M | 8.3M | 8.33M | 8.34M | 8.87M | 8.87M | 8.88M | 9.02M |
| Retained Earnings | 28.78M | 31.19M | 40.48M | 34.53M | 45.39M | 58.91M | 79.65M | 96.28M | 101.25M | 110.71M |
| Treasury Stock | -5.48M | -5.48M | -5.53M | -5.53M | -7.2M | -7.74M | -7.78M | -12.93M | -13.1M | 0 |
| Accumulated OCI | -33.92M | -35.28M | -36.54M | 0 | -11.19M | -10.27M | -317K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
FRD Cash Flow Statement
Friedman Industries, Incorporated (FRD) cash flow — operating, investing & free cash flow history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -202.66K | 3.25M | 9.63M | 11.23M | 8.43M | -13.4M | 63.89M | 4.98M | -4.41M | -4.41M |
| Operating CF Margin % | -0.26% | 2.68% | 5.15% | 7.9% | 6.68% | -4.7% | 11.67% | 0.96% | -0.99% | - |
| Operating CF Growth % | -106.7% | 1701.39% | 196.8% | 16.62% | -24.98% | -258.98% | 576.93% | -92.21% | -188.57% | -414.92% |
| Net Income | -2.68M | 2.76M | 5.1M | -5.25M | 11.42M | 14.07M | 21.34M | 17.34M | 6.08M | 16.59M |
| Depreciation & Amortization | 1.59M | 1.36M | 1.34M | 1.52M | 1.01M | 1.32M | 2.53M | 3.07M | 3.29M | 3.69M |
| Stock-Based Compensation | 72.24K | 288.96K | 137.6K | 332.94K | 527.67K | 449K | 303K | 246K | 151K | 371K |
| Deferred Taxes | -757.45K | 1.27M | -326.92K | -1.18M | 1.34M | -561K | 3.33M | 794K | 221K | 175K |
| Other Non-Cash Items | 57.68K | 9.77K | 1.76M | 5.3M | -6.56M | 864K | 5.24M | 404K | -2.18M | -2.66M |
| Working Capital Changes | 1.51M | -2.44M | 1.62M | 10.5M | 683.64K | -29.54M | 31.16M | -16.88M | -11.98M | -17.89M |
| Change in Receivables | -4.12M | -8.52M | 4.27M | 1.48M | -8.22M | -16.7M | -12.29M | 2.04M | -147K | -11.4M |
| Change in Inventory | 7.02M | -3.12M | -3.73M | 12.44M | -621.94K | -31.93M | 59.25M | -29.56M | 2.12M | -19.16M |
| Change in Payables | -473.04K | 8.23M | 1.34M | -2.68M | 5.39M | 22.03M | -18.88M | 7.04M | -8.64M | 9.13M |
| Cash from Investing | -858.33K | -374.08K | -825.91K | -4.95M | -4.59M | -7.92M | -88.19M | -5.8M | -3.43M | -51.63M |
| Capital Expenditures | -799.33K | -349.18K | -807.99K | -4.94M | -4.61M | -8.06M | -16.45M | -5.79M | -5M | -6.8M |
| CapEx % of Revenue | 1.03% | 0.29% | 0.43% | 3.47% | 3.66% | 2.83% | 3.01% | 1.12% | 1.13% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -71.72M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -59K | -24.9K | -17.92K | 0 | 19.38K | 147K | -13K | -13K | 1.57M | -44.83M |
| Cash from Financing | -274.08K | -280.38K | -1.19M | -889.57K | -701.91K | 17.25M | 13.56M | 1.34M | 6.09M | 54.57M |
| Debt Issued (Net) | 0 | 0 | 0 | -49.64K | 1.59M | 18.33M | 14.58M | 7.07M | 7.38M | 50.64M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | -1000K | -538K | -37K | -1000K | -171K | -9K |
| Dividends Paid | -274.08K | -280.38K | -1.19M | -839.93K | -564.19K | -551K | -589K | -581K | -1.11M | -1.13M |
| Share Repurchases | 0 | 0 | 0 | 0 | -1.73M | -538K | -37K | -5.15M | -171K | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | -393K | 0 | 0 | 5.06M |
| Net Change in Cash | -1.34M▲ 0% | 2.59M▲ 294.1% | 7.61M▲ 193.9% | 5.39M▼ 29.2% | 3.13M▼ 41.8% | -4.07M▼ 229.8% | -10.74M▼ 163.8% | 511K▲ 104.8% | -1.75M▼ 442.3% | 2.25M▲ 0% |
| Free Cash Flow | -1M▲ 0% | 2.9M▲ 389.0% | 8.82M▲ 204.7% | 6.3M▼ 28.6% | 3.82M▼ 39.4% | -21.46M▼ 662.2% | 47.44M▲ 321.0% | -813K▼ 101.7% | -9.41M▼ 1057.7% | -7.45M▲ 0% |
| FCF Margin % | -1.29% | 2.39% | 4.71% | 4.43% | 3.03% | -7.52% | 8.66% | -0.16% | -2.12% | -1.28% |
| FCF Growth % | -211.11% | 389.04% | 204.68% | -28.63% | -39.38% | -662.23% | 321.04% | -101.71% | -1057.69% | -217.91% |
| FCF per Share | -0.15 | 0.41 | 1.26 | 0.90 | 0.54 | -3.24 | 6.47 | -0.11 | -1.36 | -1.36 |
| FCF Conversion (FCF/Net Income) | 0.08x | 1.18x | 1.89x | -2.14x | 0.74x | -0.95x | 2.99x | 0.29x | -0.72x | -0.45x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 3M | 0 | 700K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 400K | 3.9M | 0 | 100K |
FRD Key Ratios
Friedman Industries, Incorporated (FRD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -4.33% | 4.47% | 7.53% | -7.53% | 17.28% | 19.4% | 21.88% | 14.28% | 4.68% | 11.66% |
| Return on Invested Capital (ROIC) | -5.29% | 5.14% | 7.99% | -9.25% | 21.53% | 27.58% | 13.02% | 11.69% | 1.32% | 1.32% |
| Gross Margin | -0.25% | 6.81% | 6.9% | 1.84% | 18.7% | 14.37% | 12.78% | 14.03% | 10.23% | 6.67% |
| Net Margin | -3.45% | 2.28% | 2.73% | -3.69% | 9.06% | 4.93% | 3.9% | 3.36% | 1.37% | 2.84% |
| Debt / Equity | - | - | - | 0.01x | 0.03x | 0.24x | 0.30x | 0.34x | 0.38x | 0.38x |
| Interest Coverage | - | 145.17x | 363.81x | -1426.85x | 638.75x | 111.84x | 9.50x | 7.98x | 1.03x | 20.19x |
| FCF Conversion | 0.08x | 1.18x | 1.89x | -2.14x | 0.74x | -0.95x | 2.99x | 0.29x | -0.72x | -0.45x |
| Revenue Growth | -4.75% | 55.82% | 54.47% | -24.07% | -11.26% | 126.19% | 91.96% | -5.71% | -13.88% | 30.55% |
FRD SEC Filings & Documents
Friedman Industries, Incorporated (FRD) SEC filings — annual & quarterly reports (10-K, 10-Q)
FRD Frequently Asked Questions
Friedman Industries, Incorporated (FRD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Friedman Industries, Incorporated (FRD) reported $584.4M in revenue for fiscal year 2025. This represents a 447% increase from $106.8M in 1996.
Friedman Industries, Incorporated (FRD) saw revenue decline by 13.9% over the past year.
Yes, Friedman Industries, Incorporated (FRD) is profitable, generating $16.6M in net income for fiscal year 2025 (1.4% net margin).
Dividend & Returns
Yes, Friedman Industries, Incorporated (FRD) pays a dividend with a yield of 0.77%. This makes it attractive for income-focused investors.
Friedman Industries, Incorporated (FRD) has a return on equity (ROE) of 4.7%. This is below average, suggesting room for improvement.
Friedman Industries, Incorporated (FRD) had negative free cash flow of $7.5M in fiscal year 2025, likely due to heavy capital investments.
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