FRD
Friedman Industries, Incorporated
Price Chart
Latest Quote
$36.49
| Previous Close | $37.15 |
| Open | $37.00 |
| Day High | $37.97 |
| Day Low | $36.02 |
| Volume | 14,802 |
Stock Information
| Quarterly Dividend / Yield | $0.16 / 0.43% |
| Shares Outstanding | 7.11M |
| Quarterly Dividend Yield | 0.43% |
| Quarterly Dividend | $0.16 |
| Total Debt | $100.91M |
| Cash Equivalents | $2.45M |
| Revenue | $646.91M |
| Net Income | $19.22M |
| Sector | Basic Materials |
| Industry | Steel |
| Market Cap | $259.39M |
| P/E Ratio | 13.22 |
| EPS (TTM) | $2.76 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $362.50M |
| Sales | $646.91M |
| Income | $19.22M |
| Book/sh | $21.30 |
| Cash/sh | $0.34 |
| Employees | 381 |
Financial Ratios
| Quick Ratio | 1.09 |
| Current Ratio | 3.38 |
| Debt/Eq | 66.61 |
| EPS Growth TTM | 72.50% |
Returns & Margins
| ROA | 5.98% |
| ROE | 13.76% |
| Gross Margin | 13.37% |
| Operating Margin | 6.85% |
| Profit Margin | 3.02% |
Ownership
| Insider Ownership | 6.29% |
| Institutional Ownership | 53.75% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.40 |
| P/B | 1.71 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $28.40 |
| SMA50 | $23.52 |
| SMA200 | $20.76 |
| RSI | 90.48 |
| ATR | 2.2014 |
| Shares Float | 6.66M |
| Short Float | 2.15% |
| Short Ratio | 4.81 |
| Volatility | 1.63 |
| Rel Volume | 0.21 |
Performance History
| Week | +4.66% |
| Month | +77.76% |
| Quarter | +103.16% |
| 6 Months | +71.06% |
| YTD | +81.03% |
| Year | +120.28% |
| 3 Years | +268.02% |
| 5 Years | +173.67% |
| 10 Years | +583.19% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $36.49 | 14,802 |
| 2026-06-22 | $37.15 | 58,300 |
| 2026-06-18 | $37.42 | 162,200 |
| 2026-06-17 | $36.07 | 89,400 |
| 2026-06-16 | $34.86 | 128,400 |
| 2026-06-15 | $34.87 | 137,500 |
| 2026-06-12 | $34.72 | 325,400 |
| 2026-06-11 | $26.38 | 47,600 |
| 2026-06-10 | $25.55 | 65,500 |
| 2026-06-09 | $25.24 | 26,000 |
| 2026-06-08 | $24.66 | 41,100 |
| 2026-06-05 | $24.40 | 20,600 |
| 2026-06-04 | $24.37 | 19,700 |
| 2026-06-03 | $23.89 | 26,000 |
| 2026-06-02 | $24.38 | 17,700 |
| 2026-06-01 | $23.77 | 26,100 |
| 2026-05-29 | $23.38 | 29,300 |
| 2026-05-28 | $23.69 | 68,700 |
| 2026-05-27 | $23.73 | 40,000 |
| 2026-05-26 | $22.90 | 46,200 |
About Friedman Industries, Incorporated
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. The company operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. The company serves metals distributors and customers manufacturing products, such as metal buildings, railcars, heavy equipment, tanks and containers, trailers, component parts, and other fabricated metal products. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.
đ° Latest News
Friedman Industries Stock Gains Post Q4 Earnings, Sales Surge
Zacks âĸ 2026-06-17T15:21:00ZTop Stock Reports for Visa, Chevron & Toyota Motor
Zacks âĸ 2026-03-09T21:05:00ZFriedman Stock Declines Post Q3 Earnings Despite Sales Surge
Zacks âĸ 2026-02-16T15:50:00ZFriedman Industries, Incorporated (NASDAQ:FRD) is favoured by institutional owners who hold 54% of the company
Simply Wall St. âĸ 2025-12-22T16:57:48ZThe Zacks Analyst Blog Highlights Broadcom, Exxon Mobil, Johnson & Johnson, Investors Title and Friedman Industries
Zacks âĸ 2025-12-11T09:54:00ZTop Research Reports for Broadcom, Exxon Mobil & Johnson & Johnson
Zacks âĸ 2025-12-10T22:53:00ZFriedman Upgraded to Outperform on Synergies, BV Value & Capacity
Zacks âĸ 2025-12-10T18:03:00ZInvesting in Friedman Industries (NASDAQ:FRD) five years ago would have delivered you a 176% gain
Simply Wall St. âĸ 2025-12-02T10:48:36ZFriedman Stock Declines Despite Strong Q2 Earnings and Century Deal
Zacks âĸ 2025-11-12T14:36:00ZFriedman Industries (NASDAQ:FRD) Might Have The Makings Of A Multi-Bagger
Simply Wall St. âĸ 2025-11-03T10:19:44ZIncome Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $560,418,000 | $399,125,000 | $443,833,000 | $477,565,000 |
| Cost Of Revenue | $560,418,000 | $399,125,000 | $443,833,000 | $477,565,000 |
| Total Revenue | $646,913,000 | $444,600,000 | $516,251,000 | $547,542,000 |
| Operating Revenue | $646,913,000 | $444,600,000 | $516,251,000 | $547,542,000 |
| Expenses | ||||
| Interest Expense | $4,104,000 | $2,953,000 | $3,072,000 | $2,218,000 |
| Total Expenses | $621,262,000 | $441,815,000 | $491,733,000 | $526,468,000 |
| Other Income Expense | $4,825,000 | $7,861,000 | $1,868,000 | $9,333,000 |
| Other Non Operating Income Expenses | $-7,000 | $5,000 | $20,000 | $27,000 |
| Net Non Operating Interest Income Expense | $-4,104,000 | $-2,953,000 | $-3,072,000 | $-2,218,000 |
| Interest Expense Non Operating | $4,104,000 | $2,953,000 | $3,072,000 | $2,218,000 |
| Operating Expense | $60,844,000 | $42,690,000 | $47,900,000 | $48,903,000 |
| Other Operating Expenses | $28,398,000 | $23,228,000 | $23,791,000 | - |
| Selling And Marketing Expense | - | - | $23,791,000 | $24,483,000 |
| General And Administrative Expense | - | - | $21,039,000 | $21,894,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $19,533,000 | $6,085,000 | $17,345,000 | $21,344,000 |
| Net Interest Income | $-4,104,000 | $-2,953,000 | $-3,072,000 | $-2,218,000 |
| Normalized Income | $15,954,073 | $-128,930 | $15,970,088 | $14,290,052 |
| Net Income From Continuing And Discontinued Operation | $19,533,000 | $6,085,000 | $17,345,000 | $21,344,000 |
| Total Operating Income As Reported | $25,651,000 | $3,043,000 | $24,518,000 | $21,074,000 |
| Net Income Common Stockholders | $19,216,000 | $6,064,000 | $17,345,000 | $21,344,000 |
| Net Income | $19,533,000 | $6,085,000 | $17,345,000 | $21,344,000 |
| Net Income Including Noncontrolling Interests | $19,533,000 | $6,085,000 | $17,345,000 | $21,344,000 |
| Net Income Continuous Operations | $19,533,000 | $6,085,000 | $17,345,000 | $21,344,000 |
| Pretax Income | $26,372,000 | $7,693,000 | $23,314,000 | $28,189,000 |
| Special Income Charges | $1,420,000 | $258,000 | $0 | - |
| Operating Income | $25,651,000 | $2,785,000 | $24,518,000 | $21,074,000 |
| Depreciation Amortization Depletion Income Statement | $3,824,000 | $3,291,000 | $3,070,000 | $2,526,000 |
| Depreciation And Amortization In Income Statement | $3,824,000 | $3,291,000 | $3,070,000 | $2,526,000 |
| Gross Profit | $86,495,000 | $45,475,000 | $72,418,000 | $69,977,000 |
| Per Share | ||||
| Diluted EPS | $2.76 | $0.87 | $2.39 | $2.91 |
| Basic EPS | $2.76 | $0.87 | $2.39 | $2.91 |
| Other | ||||
| Tax Effect Of Unusual Items | $1,253,073 | $1,642,070 | $473,088 | $2,252,052 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $29,468,000 | $6,081,000 | $27,608,000 | $23,627,000 |
| Total Unusual Items | $4,832,000 | $7,856,000 | $1,848,000 | $9,306,000 |
| Total Unusual Items Excluding Goodwill | $4,832,000 | $7,856,000 | $1,848,000 | $9,306,000 |
| Reconciled Depreciation | $3,824,000 | $3,291,000 | $3,070,000 | $2,526,000 |
| EBITDA (Bullshit earnings) | $34,300,000 | $13,937,000 | $29,456,000 | $32,933,000 |
| EBIT | $30,476,000 | $10,646,000 | $26,386,000 | $30,407,000 |
| Diluted Average Shares | $6,966,887 | $6,944,602 | $7,257,322 | $7,334,708 |
| Basic Average Shares | $6,966,887 | $6,944,602 | $7,257,322 | $7,334,708 |
| Diluted NI Availto Com Stockholders | $19,216,000 | $6,064,000 | $17,345,000 | $21,344,000 |
| Otherunder Preferred Stock Dividend | $317,000 | $21,000 | - | - |
| Tax Provision | $6,839,000 | $1,608,000 | $5,969,000 | $6,845,000 |
| Gain On Sale Of Ppe | $0 | $258,000 | $0 | - |
| Restructuring And Mergern Acquisition | $-1,420,000 | $0 | - | - |
| Gain On Sale Of Security | $3,412,000 | $7,598,000 | $1,848,000 | $9,306,000 |
| Selling General And Administration | $28,622,000 | $16,171,000 | $21,039,000 | $46,377,000 |
| Other Gand A | - | - | $21,039,000 | $21,894,000 |
| Impairment Of Capital Assets | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $151,494,000 | $132,425,000 | $127,475,000 | $115,432,000 |
| Total Assets | $336,810,000 | $226,822,000 | $230,019,000 | $199,312,000 |
| Total Non Current Assets | $79,771,000 | $60,355,000 | $59,955,000 | $55,656,000 |
| Other Non Current Assets | $1,451,000 | $1,263,000 | $356,000 | $453,000 |
| Current Assets | $257,039,000 | $166,467,000 | $170,064,000 | $143,656,000 |
| Other Current Assets | $1,518,000 | $980,000 | $3,966,000 | $4,515,000 |
| Hedging Assets Current | $153,000 | $636,000 | $74,000 | $536,000 |
| Inventory | $172,223,000 | $113,689,000 | $115,804,000 | $86,246,000 |
| Receivables | $80,695,000 | $47,476,000 | $47,329,000 | $49,367,000 |
| Taxes Receivable | $521,000 | $0 | - | - |
| Accounts Receivable | $80,174,000 | $47,476,000 | $47,329,000 | $49,367,000 |
| Allowance For Doubtful Accounts Receivable | $-426,000 | $-147,000 | $-97,000 | $-183,000 |
| Gross Accounts Receivable | $80,600,000 | $47,623,000 | $47,426,000 | $49,550,000 |
| Cash Cash Equivalents And Short Term Investments | $2,450,000 | $3,686,000 | $2,891,000 | $2,992,000 |
| Cash And Cash Equivalents | $2,450,000 | $3,686,000 | $2,891,000 | $2,992,000 |
| Cash Financial | $2,450,000 | $3,686,000 | $2,891,000 | $2,992,000 |
| Non Current Deferred Assets | - | - | - | $0 |
| Non Current Deferred Taxes Assets | - | - | - | $0 |
| Non Current Accounts Receivable | - | - | - | - |
| Debt | ||||
| Net Debt | $93,603,000 | $44,042,000 | $37,402,000 | $30,125,000 |
| Total Debt | $100,150,000 | $50,480,000 | $43,129,000 | $34,446,000 |
| Long Term Debt And Capital Lease Obligation | $100,150,000 | $50,480,000 | $43,075,000 | $34,339,000 |
| Long Term Debt | $96,053,000 | $47,728,000 | $40,293,000 | $33,117,000 |
| Current Debt And Capital Lease Obligation | - | - | $54,000 | $107,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $185,316,000 | $94,397,000 | $102,544,000 | $83,880,000 |
| Total Non Current Liabilities Net Minority Interest | $109,167,000 | $56,073,000 | $48,437,000 | $38,792,000 |
| Other Non Current Liabilities | $2,160,000 | - | - | $1,222,000 |
| Non Current Deferred Liabilities | $6,761,000 | $5,478,000 | $5,257,000 | $4,357,000 |
| Non Current Deferred Taxes Liabilities | $6,761,000 | $5,478,000 | $5,257,000 | $4,357,000 |
| Current Liabilities | $76,149,000 | $38,324,000 | $54,107,000 | $45,088,000 |
| Other Current Liabilities | $426,000 | $287,000 | $1,686,000 | $2,212,000 |
| Payables And Accrued Expenses | $67,453,000 | $36,230,000 | $46,378,000 | $37,769,000 |
| Payables | $67,453,000 | $36,230,000 | $46,378,000 | $37,769,000 |
| Dividends Payable | $284,000 | $279,000 | $279,000 | $148,000 |
| Total Tax Payable | $0 | $647,000 | $2,213,000 | $774,000 |
| Income Tax Payable | $0 | $647,000 | $2,213,000 | $774,000 |
| Accounts Payable | $67,169,000 | $35,304,000 | $43,886,000 | $36,847,000 |
| Equity | ||||
| Common Stock Equity | $151,494,000 | $132,425,000 | $127,475,000 | $115,432,000 |
| Total Equity Gross Minority Interest | $151,494,000 | $132,425,000 | $127,475,000 | $115,432,000 |
| Stockholders Equity | $151,494,000 | $132,425,000 | $127,475,000 | $115,432,000 |
| Retained Earnings | $119,650,000 | $101,254,000 | $96,284,000 | $79,653,000 |
| Gains Losses Not Affecting Retained Earnings | - | - | $0 | $-317,000 |
| Other Equity Adjustments | - | - | - | $-317,000 |
| Other | ||||
| Treasury Shares Number | $1,907,323 | $1,906,693 | $1,896,892 | $1,493,128 |
| Ordinary Shares Number | $7,112,182 | $6,970,536 | $6,976,311 | $7,375,588 |
| Share Issued | $9,019,505 | $8,877,229 | $8,873,203 | $8,868,716 |
| Tangible Book Value | $151,494,000 | $132,425,000 | $127,475,000 | $115,432,000 |
| Invested Capital | $247,547,000 | $180,153,000 | $167,768,000 | $148,549,000 |
| Working Capital | $180,890,000 | $128,143,000 | $115,957,000 | $98,568,000 |
| Capital Lease Obligations | $4,097,000 | $2,752,000 | $2,836,000 | $1,329,000 |
| Total Capitalization | $247,547,000 | $180,153,000 | $167,768,000 | $148,549,000 |
| Treasury Stock | $13,110,000 | $13,100,000 | $12,929,000 | $7,778,000 |
| Additional Paid In Capital | $35,934,000 | $35,394,000 | $35,247,000 | $35,005,000 |
| Capital Stock | $9,020,000 | $8,877,000 | $8,873,000 | $8,869,000 |
| Common Stock | $9,020,000 | $8,877,000 | $8,873,000 | $8,869,000 |
| Employee Benefits | $96,000 | $115,000 | $105,000 | $96,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $96,000 | $115,000 | $105,000 | $96,000 |
| Long Term Capital Lease Obligation | $4,097,000 | $2,752,000 | $2,782,000 | $1,222,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $8,270,000 | $1,807,000 | $5,989,000 | $5,000,000 |
| Net PPE | $78,320,000 | $59,092,000 | $59,599,000 | $55,203,000 |
| Accumulated Depreciation | $-37,137,000 | $-33,819,000 | $-31,396,000 | $-28,455,000 |
| Gross PPE | $115,457,000 | $92,911,000 | $90,995,000 | $83,658,000 |
| Construction In Progress | $934,000 | $135,000 | $1,977,000 | $1,167,000 |
| Other Properties | $4,702,000 | $2,841,000 | $2,841,000 | $1,270,000 |
| Machinery Furniture Equipment | $65,512,000 | $57,970,000 | $53,607,000 | $51,001,000 |
| Buildings And Improvements | $32,667,000 | $30,393,000 | $30,900,000 | $28,550,000 |
| Land And Improvements | $11,642,000 | $1,572,000 | $1,670,000 | $1,670,000 |
| Finished Goods | $42,019,000 | $20,769,000 | $26,136,000 | $17,940,000 |
| Raw Materials | $130,204,000 | $92,920,000 | $89,668,000 | $68,306,000 |
| Current Capital Lease Obligation | - | $0 | $54,000 | $107,000 |
Cash Flow Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $1,379,000 | $-9,419,000 | $-813,000 | $47,440,000 |
| Operating Activities | ||||
| Operating Cash Flow | $8,540,000 | $-4,417,000 | $4,979,000 | $63,894,000 |
| Cash Flow From Continuing Operating Activities | $8,540,000 | $-4,417,000 | $4,979,000 | $63,894,000 |
| Operating Gains Losses | $603,000 | $-2,209,000 | $363,000 | $5,240,000 |
| Investing Activities | ||||
| Capital Expenditure | $-7,161,000 | $-5,002,000 | $-5,792,000 | $-16,454,000 |
| Investing Cash Flow | $-52,758,000 | $-3,427,000 | $-5,805,000 | $-88,187,000 |
| Cash Flow From Continuing Investing Activities | $-52,758,000 | $-3,427,000 | $-5,805,000 | $-88,187,000 |
| Net Other Investing Changes | - | $1,575,000 | $-13,000 | $-13,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-10,000 | $-171,000 | $-5,151,000 | $-37,000 |
| Financing Cash Flow | $43,300,000 | $6,095,000 | $1,337,000 | $13,557,000 |
| Cash Flow From Continuing Financing Activities | $43,300,000 | $6,095,000 | $1,337,000 | $13,557,000 |
| Net Other Financing Charges | $-395,000 | - | - | $-393,000 |
| Cash Dividends Paid | $-1,132,000 | $-1,115,000 | $-581,000 | $-589,000 |
| Common Stock Dividend Paid | $-1,132,000 | $-1,115,000 | $-581,000 | $-589,000 |
| Net Common Stock Issuance | $-10,000 | $-171,000 | $-5,151,000 | $-37,000 |
| Other | ||||
| Repayment Of Debt | $-734,841,000 | $-642,113,000 | $-824,367,000 | $-726,368,000 |
| Issuance Of Debt | $779,678,000 | $649,494,000 | $831,436,000 | $740,944,000 |
| End Cash Position | $3,230,000 | $4,148,000 | $5,897,000 | $5,386,000 |
| Beginning Cash Position | $4,148,000 | $5,897,000 | $5,386,000 | $16,122,000 |
| Changes In Cash | $-918,000 | $-1,749,000 | $511,000 | $-10,736,000 |
| Common Stock Payments | $-10,000 | $-171,000 | $-5,151,000 | $-37,000 |
| Net Issuance Payments Of Debt | $44,837,000 | $7,381,000 | $7,069,000 | $14,576,000 |
| Net Long Term Debt Issuance | $44,837,000 | $7,381,000 | $7,069,000 | $14,576,000 |
| Long Term Debt Payments | $-734,841,000 | $-642,113,000 | $-824,367,000 | $-726,368,000 |
| Long Term Debt Issuance | $779,678,000 | $649,494,000 | $831,436,000 | $740,944,000 |
| Net Business Purchase And Sale | $-45,597,000 | $0 | $0 | $-71,720,000 |
| Purchase Of Business | $-45,597,000 | $0 | $0 | $-71,720,000 |
| Net PPE Purchase And Sale | $-7,161,000 | $-5,002,000 | $-5,792,000 | $-16,454,000 |
| Purchase Of PPE | $-7,161,000 | $-5,002,000 | $-5,792,000 | $-16,454,000 |
| Change In Working Capital | $-16,061,000 | $-11,979,000 | $-16,880,000 | $31,155,000 |
| Change In Other Working Capital | $6,463,000 | $-4,182,000 | $989,000 | $3,664,000 |
| Change In Other Current Assets | $-826,000 | $442,000 | $1,173,000 | $-1,363,000 |
| Change In Payables And Accrued Expense | $21,540,000 | $-10,207,000 | $8,478,000 | $-18,101,000 |
| Change In Payable | $21,540,000 | $-10,207,000 | $8,478,000 | $-18,101,000 |
| Change In Account Payable | $22,187,000 | $-8,641,000 | $7,039,000 | $-18,875,000 |
| Change In Tax Payable | $-647,000 | $-1,566,000 | $1,439,000 | $774,000 |
| Change In Income Tax Payable | $-647,000 | $-1,566,000 | $1,439,000 | $774,000 |
| Change In Inventory | $-23,912,000 | $2,115,000 | $-29,558,000 | $59,247,000 |
| Change In Receivables | $-19,326,000 | $-147,000 | $2,038,000 | $-12,292,000 |
| Changes In Account Receivables | $-19,326,000 | $-147,000 | $2,038,000 | $-13,696,000 |
| Other Non Cash Items | $-1,325,000 | $23,000 | $41,000 | - |
| Stock Based Compensation | $683,000 | $151,000 | $246,000 | $303,000 |
| Deferred Tax | $1,283,000 | $221,000 | $794,000 | $3,326,000 |
| Deferred Income Tax | $1,283,000 | $221,000 | $794,000 | $3,326,000 |
| Depreciation Amortization Depletion | $3,824,000 | $3,291,000 | $3,070,000 | $2,526,000 |
| Depreciation And Amortization | $3,824,000 | $3,291,000 | $3,070,000 | $2,526,000 |
| Depreciation | $3,824,000 | $3,291,000 | $3,070,000 | $2,526,000 |
| Pension And Employee Benefit Expense | $-19,000 | $10,000 | $9,000 | $8,000 |
| Gain Loss On Investment Securities | $622,000 | $-1,961,000 | $354,000 | $5,232,000 |
| Gain Loss On Sale Of PPE | $0 | $-258,000 | $0 | - |
| Net Income From Continuing Operations | $19,533,000 | $6,085,000 | $17,345,000 | $21,344,000 |
| Interest Paid Supplemental Data | - | - | $3,000,000 | $2,000,000 |
| Income Tax Paid Supplemental Data | - | - | $3,900,000 | $400,000 |
| Asset Impairment Charge | - | - | - | - |