Friedman Industries Inc
FRD Nasdaq· Steel Works, Blast Furnaces & Rolling & Finishing Mills
Last close · Oct 30, 2026
$42.16
KIRA · Stoqly’s AI analyst, in plain words
- Friedman Industries Inc had $647M of revenue in fiscal 2026, up 45.5% on the year before. Over five years, revenue changed +38.7% a year on average.
- Its operating margin was 4.0%, up 3.3 pts: of every 100 in sales, about 4 is left after running the business.
- Friedman Industries Inc made $19.5M of net profit in fiscal 2026.
- Free cash flow was $1.4M in fiscal 2026, 0.2% of revenue. Over the last four quarters it burned $7.2M; its $5.0M of cash and short-term investments would last about 0.7 years at that pace.
- Friedman Industries Inc returned $1.1M to shareholders in fiscal 2026, 83% of free cash flow.
Market cap
—
P/E
11.0x
Revenue
$647M
Net income
$19.5M
Free cash flow
$1.4M
Operating margin
4.0%
Friedman Industries Inc in 30 seconds · fiscal 2026
Are sales growing?
+45.5%
Yes. Sales grew 45.5% last year.
Does it make a profit?
3.0%
A little. It keeps 3.0% of every sale as profit.
How long would its cash last?
0.7 yrs
Not long. It burns $7.2M a year and holds $5.0M, under a year at that pace, so it may need new money soon.
How healthy are the accounts?
4 / 7
Mixed. It passes 4 of 7 health tests.
How is the share priced?
11.0x
One share costs 11.0 times its yearly profit per share.
What Friedman Industries Inc does
No business description yet.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 10-K · Jun 11, 2026
- Legal name
- FRIEDMAN INDUSTRIES INC
- CIK
- 0000039092
Friedman Industries Inc · FRD · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $285M | $548M | $516M | $445M | $647M |
| Revenue growth | 126.2% | 92.0% | −5.7% | −13.9% | 45.5% |
| Gross margin | 14.4% | 7.9% | 4.7% | 0.6% | 4.0% |
| Operating margin | 10.0% | 3.8% | 4.7% | 0.7% | 4.0% |
| Net income | $14.1M | $21.3M | $17.3M | $6.1M | $19.5M |
| Net margin | 4.9% | 3.9% | 3.4% | 1.4% | 3.0% |
| Diluted EPS | $2.04 | $2.91 | $2.39 | $0.87 | $2.76 |
| Cash | |||||
| Cash from operations | −$13.4M | $63.9M | $5.0M | −$4.4M | $8.5M |
| Capital expenditure | $8.1M | $16.5M | $5.8M | $4.0M | $7.2M |
| Free cash flow | −$21.5M | $47.4M | −$0.8M | −$8.4M | $1.4M |
| FCF margin | −7.5% | 8.7% | −0.2% | −1.9% | 0.2% |
| Dividends paid | $0.6M | $0.6M | $0.6M | $1.1M | $1.1M |
| Share buybacks | $0.5M | $0.0M | $5.2M | $0.2M | $0.0M |
| Share count change | −1.2% | 8.9% | −0.4% | −3.3% | — |
| Debt and strength | |||||
| Cash and short-term investments | $2.6M | $3.0M | $2.9M | $3.7M | $2.5M |
| Shareholders' equity | $79.7M | $115M | $127M | $132M | $151M |
| Current ratio | 2.1x | 3.2x | 3.1x | 4.3x | 3.4x |
| Interest coverage | 111.8x | 9.5x | 8.0x | 1.0x | 6.3x |
| Returns and quality | |||||
| Return on equity | 19.4% | 21.9% | 14.3% | 4.7% | 13.8% |
| Return on tangible equity | 17.0% | 18.2% | 13.5% | 4.6% | 12.7% |
| Piotroski F-score | 3 | 6 | 3 | 3 | 4 |
| Altman Z'' | 6.1 | 6.7 | 6.7 | 6.7 | 6.1 |
Insiders bought, 12 months
$0.1M
3 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Friedman Industries Inc · FRD · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $42.16 a share, the company is worth —: 11.0 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0000039092). Latest version: stoqly.net/companies/frd. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.