
Friedman Industries, Incorporated (FRD)
$
20.22
+1.44 (7.12%)
Key metrics
Financial statements
Free cash flow per share
0.0645
Market cap
143.8 Million
Price to sales ratio
0.2817
Debt to equity
0.6623
Current ratio
3.2409
Income quality
0.5923
Average inventory
132.5 Million
ROE
0.0855
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Friedman Industries, Incorporated is engaged in the processing and manufacturing of steel and pipes, alongside the distribution of these products across the United States. The company operates in two main segments: Coil and Tubular. The Coil segment focuses on converting steel coils into flat sheet and plate steel tailored to customer specifications and also involves the resale of steel coils. Additionally, it processes customer-owned coils for a fee. The company's coil products and processing services cater to approximately 230 customers primarily situated in the midwestern, southwestern, and southeastern regions of the country. Key clientele includes steel distributors and manufacturers of various steel products, such as buildings, railroad cars, barges, tanks, trailers, component parts, and other fabricated items. In this context, the gross profit ratio is 0.10 reflecting the efficiency of the company's production and sales operations. The gross profit stands at $45,475,000.00 highlighting the company's profitability from core operations. The weighted average number of shares outstanding is 6,944,602.00 demonstrating its shareholder base, while total costs and expenses are reported at $441,557,000.00 indicating overall spending. Moreover, the earnings per share (EPS) is recorded at $0.87 pointing to the company's profitability on a per-share basis. In the Tubular segment, the company manufactures line and oil country pipes as well as pipes intended for structural use, predominantly selling these products to steel and pipe distributors through its dedicated sales force. Incorporated in 1965 and headquartered in Longview, Texas, Friedman Industries holds a significant position in the steel and pipe industry. The stock of Friedman Industries is affordable at $22.70 making it suitable for budget-conscious investors. However, the stock exhibits a low average trading volume of 21,144.00 indicating reduced market activity. With a market capitalization of $143,808,320.00 the company is categorized as a small-cap player in the industry. It is a key contributor to the Steel industry, significantly influencing the overall market landscape. Additionally, it belongs to the Basic Materials sector, which is pivotal in driving innovation and growth. These attributes collectively highlight Friedman Industries' role within the broader economic framework, showcasing its potential for investors looking for opportunities in the steel processing and distribution market.
Investing in Friedman Industries, Incorporated (FRD) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B+, with a Bullish outlook. Always conduct your own research before investing.
Analysts predict Friedman Industries, Incorporated stock to fluctuate between $12.24 (low) and $23.50 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-12-11, Friedman Industries, Incorporated's market cap is $143,808,320, based on 7,112,182 outstanding shares.
Compared to Southern Copper Corporation, Friedman Industries, Incorporated has a Lower Market-Cap, indicating a difference in performance.
Friedman Industries, Incorporated pays dividends. The current dividend yield is 0.75%, with a payout of $0.04 per share.
To buy Friedman Industries, Incorporated (FRD) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for FRD. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Friedman Industries, Incorporated's last stock split was 21:20 on 2000-04-26.
Revenue: $444,600,000 | EPS: $0.87 | Growth: -63.60%.
Visit https://www.friedmanindustries.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $23.50 (2025-11-13) | All-time low: $6.74 (2022-09-26).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News

zacks.com
FRD's upgrade to Outperform highlights synergy gains, capacity growth and a valuation still near book value.

zacks.com
FRD reports record second-quarter fiscal 2026 sales and stronger earnings driven by flat-roll growth and the Century Metals acquisition.

globenewswire.com
LONGVIEW, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended September 30, 2025. September 30, 2025 Quarter Highlights: Net earnings of $2.2 million Sales of $152.4 million: up 43% year-over-year Highest sales volume in Company history: up 28% year-over-year and up 12% quarter-over-quarter Acquisition of Century Metals & Supplies on August 29, 2025 “This quarter marks a significant milestone for Friedman, as we achieved record sales volume driven by our focused efforts to improve capacity utilization across our operations,” said Michael J.

globenewswire.com
LONGVIEW, Texas, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on September 18, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company.

zacks.com
FRD delivers robust first-quarter fiscal 2026 results with rising sales, stronger margins and a sharp swing to profitability in key segments.

fool.com
Friedman Industries (FRD 1.71%), a steel manufacturer and processor, released its results for the first quarter of fiscal 2026 on August 7, 2025. Revenue (GAAP) was $134.8 million, as the company saw healthy sales volumes especially in its flat-roll steel business.

globenewswire.com
LONGVIEW, Texas, July 14, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) is pleased to announce the appointment of Gaurav Chhibbar as the Company's new Chief Operating Officer (COO) effective July 10, 2025. Gaurav joins Friedman Industries with a distinguished career in operations excellence, strategy, corporate finance, and M&A due diligence.

globenewswire.com
LONGVIEW, Texas, June 25, 2025 (GLOBE NEWSWIRE) -- -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, declared on June 25, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 8, 2025 to shareholders of record at the close of business on July 18, 2025. This dividend marks the Company's 214th consecutive quarterly cash dividend since becoming publicly traded in 1972.

seekingalpha.com
Friedman Industries' margins remain flat despite Sinton running at full capacity, with no meaningful profitability improvement in 1Q25. Volume growth and higher hot rolled coil prices are positives, but margin pressure persists amid weak US economic expectations. Tariffs offer minimal benefit to Friedman, and a recession could further dampen demand and margins in this cyclical business.

zacks.com
FRD posts strong fourth-quarter fiscal 2025 with record sales volume and margin gains, but full-year results reflect earlier pricing pressures.
See all news