FRD · Friedman Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | $491.73M | - | $504.46M | $244.25M | $102.52M | $139.49M |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $16.17M | $21.04M | $22.01M | $12.47M | $7.84M | $5.12M |
| Total Operating Expenses | $441.81M | $491.73M | $526.47M | $256.97M | $110.38M | $148.96M |
| D&A | $3.29M | $3.07M | $2.53M | $1.32M | $1.01M | $1.52M |
| Operating Income | $3.04M | $24.52M | $21.07M | $28.26M | $15.73M | ($6.86M) |
| Interest Expense | $2.95M | $3.07M | $2.22M | $255.3K | $24.6K | $4.8K |
| Income Tax | $1.61M | $5.97M | $6.84M | $4.26M | $3.80M | ($1.59M) |
| Net Income | $6.08M | $17.34M | $21.34M | $14.07M | $11.42M | ($5.25M) |
| EPS - Basic | $0.87 | $2.39 | $2.91 | $2.04 | $1.63 | ($0.75) |
| EPS - Diluted | $0.87 | $2.39 | $2.91 | $2.04 | $1.63 | ($0.75) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.69M | $2.89M | $2.99M | $2.60M | $8.19M | $17.06M |
| Accounts Receivable | $47.48M | $47.33M | $49.37M | $35.67M | $20.38M | $11.71M |
| Inventory | $113.69M | $115.80M | $86.25M | $67.95M | $36.02M | $35.67M |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | $166.47M | $170.06M | $143.66M | $125.36M | $77.53M | $65.21M |
| Total Assets | $226.82M | $230.02M | $199.31M | $159.28M | $95.01M | $77.34M |
| Current Liabilities | $38.32M | $54.11M | $45.09M | $60.81M | $29.07M | $9.65M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $94.40M | $102.54M | $83.88M | $79.59M | $29.67M | $10.48M |
| Stockholders' Equity | $132.43M | $127.47M | $115.43M | $79.69M | $65.34M | $66.87M |
| Retained Earnings | $101.25M | $96.28M | $79.65M | $58.91M | $45.39M | $34.53M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($4.41M) | $4.98M | $63.89M | ($13.40M) | $8.43M | $11.23M |
| Investing Cash Flow | ($3.43M) | ($5.80M) | ($88.19M) | ($7.92M) | ($4.59M) | ($4.95M) |
| Financing Cash Flow | $6.09M | $1.34M | $13.56M | $17.24M | ($701.9K) | ($889.6K) |
| CapEx | $4.00M | $5.79M | $16.45M | $8.06M | $4.61M | $4.94M |
| Free Cash Flow | ($8.41M) | ($813.0K) | $47.44M | ($21.46M) | $3.82M | $6.30M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | -1.38 | -0.05 | 2.22 | -1.53 | 0.33 | -1.20 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 20.9% | 25.6% | 24.3% | 23.3% | 24.9% | - |
| Return on assets | 2.7% | 7.5% | 10.7% | 8.8% | 12.0% | -6.8% |
| Return on equity | 4.6% | 13.6% | 18.5% | 17.7% | 17.5% | -7.9% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 4.34 | 3.14 | 3.19 | 2.06 | 2.67 | 6.76 |
| Quick ratio | 1.38 | 1.00 | 1.27 | 0.94 | 1.43 | 3.06 |
| Cash ratio | 0.10 | 0.05 | 0.07 | 0.04 | 0.28 | 1.77 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 1.0x | 8.0x | 9.5x | 110.7x | 638.8x | -1426.9x |
| Equity multiplier | 1.71 | 1.80 | 1.73 | 2.00 | 1.45 | 1.16 |
| Liabilities / Assets | 0.42 | 0.45 | 0.42 | 0.50 | 0.31 | 0.14 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | 4.33 | - | 5.85 | 3.59 | 2.85 | 3.91 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 84d | - | 62d | 102d | 128d | 93d |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 17.1x | 7.8x | 3.9x | 4.3x | 5.0x | - |
| P / B | 0.8x | 1.1x | 0.7x | 0.7x | 0.9x | 0.5x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 15.7x | 4.8x | 3.3x | 1.9x | 2.9x | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -87.6% | 16.3% | -25.4% | 79.7% | - | - |
| Net income growth (YoY) | -64.9% | -18.7% | 51.7% | 23.1% | - | - |
| EPS growth (YoY) | -63.6% | -17.9% | 42.6% | 25.2% | - | - |
| EPS CAGR (3y) | -24.7% | 13.6% | - | - | 30.7% | - |
| EPS CAGR (5y) | - | - | 31.9% | 39.2% | - | - |
| FCF growth (YoY) | -934.7% | - | - | - | - | -28.6% |
| FCF CAGR (5y) | - | - | 40.0% | - | - | 44.8% |
| Book value growth (YoY) | 3.9% | 10.4% | 44.9% | 22.0% | - | -7.7% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Steel Works, Blast Furnaces & Rolling & Finishing Mills
Comparing FRIEDMAN INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$0.16/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 24, 2026 | $0.0400 |
| Jan 16, 2026 | $0.0400 |
| Oct 24, 2025 | $0.0400 |
| Jul 18, 2025 | $0.0400 |
| Apr 25, 2025 | $0.0400 |
| Jan 17, 2025 | $0.0400 |
| Oct 25, 2024 | $0.0400 |
| Jul 26, 2024 | $0.0400 |
| Apr 25, 2024 | $0.0400 |
| Jan 18, 2024 | $0.0200 |
| Oct 19, 2023 | $0.0200 |
| Jul 20, 2023 | $0.0200 |
| Apr 27, 2023 | $0.0200 |
| Jan 12, 2023 | $0.0200 |
| Oct 13, 2022 | $0.0200 |
| Jul 21, 2022 | $0.0200 |
| Apr 28, 2022 | $0.0200 |
| Jan 13, 2022 | $0.0200 |
| Oct 7, 2021 | $0.0200 |
| Jul 15, 2021 | $0.0200 |
| Apr 22, 2021 | $0.0200 |
| Jan 7, 2021 | $0.0200 |
| Oct 8, 2020 | $0.0200 |
| Jul 16, 2020 | $0.0200 |