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Friedman Industries(NASDAQ) FRD

Market Cap$316.71MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1975)+43,842%
5 Year+247%
1 Year+187%
1 Month+35%
$43.61
+15.62%
+5.89Today
After hours$43.64+$0.03 (+0.07%)
Friedman Industries last closing stock price
MetricPriceDate
Last closeUSD 43.912026-08-07
Friedman Industries stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+32.06%USD 33.252026-07-31
1 month+34.93%USD 32.542026-07-08
3 month+103.05%USD 21.632026-05-08
Year to date+115.4%USD 20.392025-12-31
1 year+186.62%USD 15.322025-08-07
3 year+168.47%USD 16.362023-08-08
5 year+246.84%USD 12.662021-08-06
Since inception+43,842.25%USD 0.101975-05-07

Friedman Industries Financials at a Glance

Market Cap

$316.71MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$752.11M

Net Income (TTM)

$27.26M

EPS (TTM)

$3.81

P/E Ratio

16.07

Dividend

$0.16

Beta (Volatility)

0.63 (Low)

Price

$43.61

Volume

288,440.15

Open

$40.41

Previous Close

$43.91

Daily Range

$40.26 - $45.88

52-Week Range

$16.20 - $45.88

Estimated Earnings Date

Aug 6, 2026

FRD News

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Friedman (FRD) Q1 Profit Jumps 92%

Motley Fool Markets TeamAug 7, 2025

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About Friedman Industries

Friedman makes steel sheets and pipes used in buildings and infrastructure. Its products help manufacturers create everyday items like trailers and tanks. The company mainly serves steel distributors and industrial manufacturers in the United States.

Steel Staples: What Friedman Sells

  • Flat-Roll (Coil) Products: Converts steel coils into sheets and plates for construction and manufacturing.
  • Coil Processing Services: Processes customer-owned steel coils for a fee; targets manufacturers needing custom steel cuts.
  • Steel Coil Resale: Sells steel coils directly to distributors and manufacturers; supports supply chain needs.
  • Tubular (Pipe) Products: Manufactures line, oil country, and structural pipes; 7.9% of Q1 FY2026 sales.
  • Pipe Distribution: Sells pipes to steel and pipe distributors for use in energy, construction, and infrastructure projects.

Growth Moves: Friedman’s Expansion Playbook

  • Expanded coil processing with five plants across Arkansas, Alabama, Indiana, Illinois, and Texas (timeline: ongoing since 1965).
  • Invested $1.8 million in property, plant, and equipment in Q1 FY2026 to boost capacity.
  • Renewed $150 million asset-based lending facility in May 2025, extending maturity to August 2026 to support operations and growth.
  • Focused on increasing facility utilization and sales volume through commercial initiatives in recent years.

What Makes Friedman Stand Out

Friedman’s network of five coil plants and a dedicated pipe division enables broad regional coverage. The company offers both inventory sales and custom processing, giving customers flexibility. Its use of steel futures helps manage price swings and stabilize margins.

Five Things You Need to Know

  • Revenue was $152 million in QQ2 2026, up 42.7% from QQ2 2025.
  • Net income was $3 million in QQ2 2026, up 1385.3% from a year earlier.
  • Operating income was $9 million in QQ2 2026, down 9.6% year-over-year.
  • Cash and restricted cash totaled $2.9 million as of June 30, 2025.

Bottom Line

Friedman has grown by expanding its steel processing and pipe operations across the U.S. Its focus on flexibility and risk management supports steady service to industrial customers.

AI Generated • Apr 16, 2026

Industry

Metals and Mining

Sector

Materials

Employees

381

CEO

Michael J. Taylor

Website

www.friedmanindustries.com

Headquarters

Longview, TX 75601, US

FRD Financials

Key Financial Metrics (TTM)

Gross Margin

35.50%

Operating Margin

5.27%

Net Income Margin

3.62%

Return on Equity

18.26%

Return on Capital

10.16%

Return on Assets

7.30%

Earnings Yield

6.22%

Dividend Yield

0.36%

Payout Ratio

4.16%

Stock Overview

Market Cap

$316.71MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

7.21M

Volume

288.44K

Avg. Volume

78.08K

Financials (TTM)

Gross Profit

$267.01M

Operating Income

$39.64M

EBITDA

$44.33M

Operating Cash Flow

$362.00K

Capital Expenditure

-$7.55M

Free Cash Flow

-$7.19M

Cash & ST Invst.

$5.03M

Total Debt

$5.10M

Friedman Industries Performance Analysis

Friedman Industries annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-03-31USD 551,658,00074.0%
20242024-03-31USD 516,669,000-6.3%
20252025-03-31USD 444,600,000-13.9%
20262026-03-31USD 646,913,00045.5%
Friedman Industries sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-09-3013.1%
Q32025-12-3110.2%
Q42026-03-3114.2%
Q12026-06-3025.1%
Friedman Industries annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-03-31USD 2.9137.1%
20242024-03-31USD 2.39-17.9%
20252025-03-31USD 0.87-63.5%
20262026-03-31USD 2.76215.9%
Friedman Industries sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-09-30-54.9%
Q32025-12-3134.4%
Q42026-03-31202.3%
Q12026-06-3041.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2027YOY CHG

Revenue

$239.97M

+78.1%

Gross Profit

$217.16M

+999.8%

Gross Margin

90.49%

N/A

Market Cap

$316.71MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$831.27K

N/A

Employees

381

N/A

Net Income

$12.78M

+154.3%

EBITDA

$18.20M

+122.8%

Quarterly Fundamentals

Name
Q1 2027YOY CHG

Total Cash

$5.03M

+139.5%

Total Debt

$5.10M

-85.8%

Accounts Receivable

$90.69M

+78.8%

Inventory

$191.08M

+84.7%

Long Term Debt

$5.10M

-85.7%

Short Term Debt

$0.00

-100.0%

Return on Assets

7.30%

N/A

Return on Invested Capital

14.51%

N/A

Free Cash Flow

$5.14M

-62.5%

Operating Cash Flow

$7.31M

-52.8%

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Questions About FRD

What is the current price of Friedman Industries?

Friedman Industries is trading at $43.91 per share.

What is the 52-week range for Friedman Industries?

Over the past 52 weeks, Friedman Industries has traded between $16.20 and $45.88.

How much debt does Friedman Industries have?

As of the most recent reporting period, Friedman Industries reported total debt of $101.32M.

How much cash does Friedman Industries have on hand?

Friedman Industries reported $5.83M in cash and cash equivalents in its most recent financial results.

What is Friedman Industries’s dividend yield?

Friedman Industries currently has a dividend yield of 0.36%.

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