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Friedman Industries Inc. Common Stock

Friedman Industries Inc. Common Stock

FRD · NASDAQ · Basic Materials / Steel

37.68USD-0.48 (-1.26%)

Price History

Full chart

Market Stats

Previous Close38.16
Open38.43
Day Range36.83 – 38.43
52-Week Range16.50 – 48.77
Volume33.40K
Market Cap283.75M
P/E (TTM)10.24
Forward P/E14.43
EPS3.84
Dividend Yield0.41%
Beta1.62
50-Day Avg40.55
200-Day Avg26.68

About

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.

Company Details

  • SectorBasic Materials
  • IndustrySteel
  • CEOMr. Michael J. Taylor
  • Employees381
  • Headquarters1121 Judson Road, Longview, TX, United States, 75601, USA
  • Websitehttps://friedmanindustries.com

Leadership

  • Mr. Michael J. TaylorChairman of the Board, President & CEO · b. 1959
  • Mr. Alex LaRue C.P.A.CFO, Secretary & Treasurer · b. 1986
  • Mr. Gaurav ChhibbarChief Operating Officer · b. 1987
  • Mr. Jonathan HolcombVice President of Sales and Purchasing
  • Ms. Kimberly ThomasDirector of Human Resources

Financials

Income Statement

Currency: USD1987-03-311988-03-311989-03-311990-03-311991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue47.00M59.30M53.50M50.00M50.30M42.60M56.20M70.90M98.00M106.80M119.90M148.80M124.70M120.27M120.40M97.82M106.08M116.16M188.02M181.90M199.73M178.79M208.78M65.13M131.71M161.52M136.45M116.15M108.32M81.63M77.76M121.16M187.15M142.10M126.10M285.24M547.54M516.25M444.60M646.91M
Growth (%)-+26.17%-9.78%-6.54%+0.60%-15.31%+31.92%+26.16%+38.22%+8.98%+12.27%+24.10%-16.20%-3.55%+0.11%-18.75%+8.45%+9.50%+61.87%-3.26%+9.80%-10.49%+16.78%-68.80%+102.22%+22.64%-15.52%-14.88%-6.74%-24.64%-4.75%+55.82%+54.47%-24.07%-11.26%+126.19%+91.96%-5.71%-13.88%+45.50%
Cost of Revenue41.30M51.50M46.50M44.80M46.40M39.10M52.20M65.30M89.90M97.80M109.20M135.30M113.70M110.56M109.81M91.89M99.67M107.32M172.26M166.79M185.11M167.28M182.05M60.21M114.40M143.92M122.05M109.09M103.24M76.94M77.95M112.91M174.25M139.49M102.52M244.25M477.56M443.83M399.13M560.42M
Gross Profit5.70M7.80M7.00M5.20M3.90M3.50M4.00M5.60M8.10M9.00M10.70M13.50M11.00M9.71M10.59M5.93M6.42M8.84M15.76M15.11M14.62M11.51M26.73M4.93M17.31M17.61M14.40M7.06M5.08M4.69M-191.62K8.25M12.91M2.61M23.59M40.99M69.98M72.42M45.48M86.50M
Gross Margin12.13%13.15%13.08%10.40%7.75%8.22%7.12%7.90%8.27%8.43%8.92%9.07%8.82%8.07%8.79%6.06%6.05%7.61%8.38%8.31%7.32%6.44%12.80%7.56%13.14%10.90%10.55%6.08%4.69%5.75%-0.25%6.81%6.90%1.84%18.70%14.37%12.78%14.03%10.23%13.37%
Operating Expense3.10M3.50M3.40M3.00M2.90M2.80M2.80M3.10M3.80M4.20M4.80M5.90M5.40M5.52M6.78M4.32M4.28M5.02M5.66M5.32M5.15M4.83M6.05M3.84M5.25M5.49M5.31M4.59M4.45M4.67M4.02M4.21M6.52M9.47M7.86M12.47M48.90M47.90M42.69M60.84M
Operating Income2.60M4.30M3.60M2.20M1.00M700.00K1.20M2.50M4.30M4.80M5.90M7.60M5.60M4.19M3.81M1.61M2.13M3.82M10.10M9.79M9.46M6.67M20.68M1.08M12.06M12.11M9.09M2.47M624.78K23.37K-4.21M4.04M6.38M-6.86M15.73M28.52M21.07M24.52M2.79M25.65M
Operating Margin5.53%7.25%6.73%4.40%1.99%1.64%2.14%3.53%4.39%4.49%4.92%5.11%4.49%3.48%3.16%1.65%2.01%3.29%5.37%5.38%4.74%3.73%9.90%1.67%9.15%7.50%6.66%2.13%0.58%0.03%-5.41%3.34%3.41%-4.83%12.47%10.00%3.85%4.75%0.63%3.97%
EBITDA3.00M4.60M3.90M2.40M1.20M1.00M1.50M2.90M4.90M5.40M6.50M8.34M6.30M5.23M5.90M2.51M3.10M4.74M11.01M10.72M10.50M7.81M22.61M3.06M13.93M13.95M10.88M4.30M2.35M1.70M-2.56M7.12M8.18M-989.28K16.76M19.91M32.93M29.46M13.94M34.30M
EBITDA Margin6.38%7.76%7.29%4.80%2.39%2.35%2.67%4.09%5.00%5.06%5.42%5.61%5.05%4.35%4.90%2.57%2.92%4.08%5.85%5.89%5.26%4.37%10.83%4.70%10.58%8.64%7.97%3.70%2.17%2.08%-3.29%5.88%4.37%-0.70%13.29%6.98%6.01%5.71%3.13%5.30%
Net Income1.90M3.40M2.40M1.60M900.00K500.00K800.00K1.80M2.50M2.80M3.60M4.80M3.50M2.51M2.93M940.04K1.43M2.54M6.25M6.45M7.02M4.47M13.67M652.02K8.16M8.15M6.14M1.71M382.33K294.00K-2.68M2.76M5.10M-5.25M11.42M14.07M21.34M17.34M6.08M19.53M
Net Income Margin4.04%5.73%4.49%3.20%1.79%1.17%1.42%2.54%2.55%2.62%3.00%3.23%2.81%2.08%2.43%0.96%1.35%2.18%3.32%3.55%3.51%2.50%6.55%1.00%6.19%5.05%4.50%1.47%0.35%0.36%-3.44%2.28%2.72%-3.69%9.06%4.93%3.90%3.36%1.37%3.02%
R&D-------------------------0000000--------
R&D as % of Total Revenue-------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------
Interest Expense000000000000000000000023.31K0000000027.85K17.55K4.81K24.62K255.00K2.22M3.07M2.95M4.10M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.01%0.00%0.02%0.09%0.41%0.60%0.66%0.63%

Balance Sheet

Currency: USD1987-03-311988-03-311989-03-311990-03-311991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets38.50M20.50M21.80M19.00M20.90M19.60M20.50M27.20M32.10M32.80M38.10M46.00M41.00M45.11M48.01M43.99M42.78M46.03M50.80M55.93M65.87M66.96M60.46M65.03M69.58M78.57M76.58M72.28M66.96M66.89M63.26M74.36M86.60M77.71M95.01M159.28M199.31M230.02M226.82M336.81M
Total Liabilities5.00M5.20M6.10M2.80M4.60M3.30M4.00M9.80M13.40M12.40M15.30M20.30M13.60M16.48M17.63M13.50M11.53M13.00M15.44M18.83M23.76M22.00M4.35M8.67M10.78M15.15M13.62M8.97M3.74M3.65M2.91M11.31M14.12M10.85M29.67M79.59M83.88M102.54M94.40M185.32M
Total Equity33.50M15.30M15.70M16.20M16.30M16.30M16.50M17.40M18.70M20.40M22.80M25.70M27.40M28.62M30.38M30.49M31.25M33.03M35.35M37.10M42.11M44.96M56.11M56.36M58.80M63.42M62.96M63.31M63.22M63.24M60.36M63.05M72.48M66.87M65.34M79.69M115.43M127.47M132.43M151.49M
Cash25.40M1.50M3.30M2.80M3.90M1.90M1.10M300.00K700.00K600.00K200.00K1.40M3.80M443.82K669.08K4.68M673.13K1.98M205.38K1.98M1.04M2.64M16.88M19.81M7.21M11.88M15.92M15.08M2.23M2.80M1.46M4.05M11.67M17.06M8.19M2.60M2.99M2.89M3.69M2.45M
Total Debt2.00M1.70M1.40M1.10M2.70M600.00K300.00K4.00M7.80M6.20M5.40M7.20M7.20M8.40M5.60M2.89M125.83K63.04K2.90K--6.67M67.53K13.51K---------520.51K2.06M18.82M33.28M43.13M50.64M100.91M
Net Debt-23.40M200.00K-1.90M-1.70M-1.20M-1.30M-800.00K3.70M7.10M5.60M5.20M5.80M3.40M7.96M4.93M-1.80M-547.30K-1.92M-202.48K-1.98M-1.04M4.02M-16.81M-19.80M-7.21M-11.88M-15.92M-15.08M-2.23M-2.80M-1.46M-4.05M-11.67M-16.54M-6.13M16.22M30.23M40.24M46.95M98.46M

Cash Flow

Currency: USD1992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow1.10M200.00K-1.20M-1.80M2.40M1.70M3.80M6.80M-2.40M4.86M9.07M153.49K3.03M2.48M8.54M6.80M1.19M25.46M4.10M-6.99M8.45M11.50M2.89M-6.37M3.03M-202.66K3.25M9.63M11.23M8.43M-13.40M63.89M4.98M-4.41M8.54M
Investing Cash Flow-400.00K-200.00K-2.60M-500.00K200.00K-100.00K-2.60M-2.50M-288.55K-497.76K-1.28M-685.92K-902.56K-210.24K-2.01M-5.58M-4.49M-2.06M-432.29K-571.34K-380.60K-519.11K-1.97M-5.94M-2.18M-858.33K-374.08K-825.91K-4.95M-4.59M-7.92M-88.19M-5.80M-3.43M-52.76M
Financing Cash Flow-2.60M-800.00K3.00M2.70M-2.70M-2.00M-1.80M-1.90M-664.05K-4.13M-3.77M-3.48M-820.18K-4.05M-4.75M-2.17M4.91M-9.17M-733.97K-5.05M-3.40M-6.94M-1.77M-543.96K-271.98K-274.08K-280.38K-1.19M-889.57K-701.91K17.24M13.56M1.34M6.09M43.30M
Capital Expenditure400.00K200.00K2.50M500.00K500.00K100.00K2.60M2.40M225.84K399.26K1.25M604.74K821.21K953.61K1.96M6.91M4.44M2.00M374.29K515.34K321.40K499.49K1.91M5.88M2.12M799.33K349.18K807.99K4.94M4.61M8.06M16.45M5.79M5.00M7.16M
Free Cash Flow700.00K--3.70M-2.30M1.90M1.60M1.20M4.40M-2.63M4.46M7.82M-451.25K2.21M1.52M6.58M-105.01K-3.25M23.46M3.72M-7.50M8.13M11.00M987.59K-12.25M901.82K-1.00M2.90M8.82M6.30M3.82M-21.46M47.44M-813.00K-9.41M1.38M
Dividends Paid500.00K500.00K700.00K1.10M1.10M1.30M1.80M2.00M1.49M1.20M1.06M605.78K757.40K1.70M2.29M2.27M2.02M2.52M679.94K5.03M3.40M6.94M1.77M543.96K271.98K274.08K280.38K1.19M839.93K564.19K551.21K589.00K581.00K1.11M1.13M
FCF to OCF63.64%-308.33%127.78%79.17%94.12%31.58%64.71%109.40%91.78%86.27%-294.00%72.94%61.49%77.01%-1.54%-273.04%92.14%90.87%107.38%96.20%95.66%34.12%192.19%29.80%494.42%89.24%91.61%56.06%45.30%160.19%74.25%-16.33%213.42%16.15%
Dividend Paid to FCF71.43%--18.92%-47.83%57.89%81.25%150.00%45.45%-56.69%26.84%13.55%-134.25%34.22%111.84%34.84%-2162.86%-62.14%10.72%18.25%-67.07%41.82%63.07%179.01%-4.44%30.16%-27.35%9.68%13.50%13.34%14.78%-2.57%1.24%-71.46%-11.85%82.09%

Earnings

Report DateJun 30, 1998Sep 30, 1998Dec 31, 1998Jun 30, 1999Sep 30, 1999Dec 31, 1999Jun 30, 2000Sep 30, 2000Dec 31, 2000Jun 30, 2001Sep 30, 2001Dec 31, 2001Jun 30, 2002Sep 30, 2002Dec 31, 2002Aug 15, 2003Nov 14, 2003Feb 17, 2004Aug 15, 2004Nov 14, 2004Feb 14, 2005Aug 15, 2005Nov 14, 2005Feb 15, 2006Jun 29, 2006Aug 14, 2006Nov 15, 2006Feb 15, 2007Aug 15, 2007Nov 15, 2007Feb 15, 2008Aug 13, 2008Nov 14, 2008Feb 16, 2009Jun 29, 2009Aug 14, 2009Nov 16, 2009Feb 15, 2010Jun 29, 2010Aug 13, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Nov 11, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Feb 12, 2016Jun 30, 2016Aug 15, 2016Nov 14, 2016Feb 14, 2017Jun 29, 2017Aug 14, 2017Nov 13, 2017Feb 14, 2018Jun 28, 2018Aug 14, 2018Nov 14, 2018Feb 14, 2019Jun 27, 2019Aug 14, 2019Nov 14, 2019Feb 14, 2020Jun 29, 2020Aug 14, 2020Nov 16, 2020Feb 22, 2021Jun 30, 2021Aug 23, 2021Nov 19, 2021Feb 14, 2022Jul 22, 2022Oct 12, 2022Feb 9, 2023Jun 29, 2023Aug 14, 2023Nov 14, 2023Feb 14, 2024Jun 11, 2024Aug 8, 2024Nov 12, 2024Feb 12, 2025Jun 12, 2025Aug 7, 2025Nov 10, 2025Feb 9, 2026Jun 12, 2026Aug 6, 2026Nov 9, 2026
EPS Estimate----------------------------------------------------------------------------------0.00------0.00-------0.000.00-----
EPS Actual0.130.130.090.080.100.070.110.110.090.060.05-0.030.040.060.030.060.040.000.210.290.160.160.220.230.300.320.340.200.230.140.100.580.800.67-0.04-0.02-0.03-0.010.160.210.250.470.270.340.260.320.310.240.170.180.120.000.070.06-0.020.110.03-0.070.08-0.030.07-0.08-0.21-0.09-0.03-0.060.05-0.050.040.050.260.510.290.09-0.170.03-0.22-0.13-0.43-0.12-0.040.301.641.501.91-0.43-1.111.550.190.000.840.480.160.700.37-0.10-0.170.750.710.320.431.271.79-
Surprise--------------------------------------------------------------------------------------------------------
Timing---------------------------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market--After-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap283.75M
Enterprise Value379.38M
Trailing P/E10.24
Forward P/E14.43
PEG Ratio0.00
Price / Sales0.38
Price / Book1.73
EPS3.84
Book Value22.76
Revenue (TTM)752.11M
Gross Profit (TTM)109.08M
EBITDA44.99M
Profit Margin3.63%
Operating Margin8.77%
Return on Equity18.11%
Return on Assets8.64%
Shares Outstanding7.21M
Shares Float6.74M
Beta1.62
Dividend Yield0.41%
Dividend Rate0.16
Payout Ratio4.20%

Ownership Breakdown

Institutions
54.84%
Insiders
6.60%
Retail / Other
38.56%

Top Institutional Holders

  • Dimensional Fund Advisors, Inc.
    543.63K7.54%
  • Gendell Jeffrey L
    354.58K4.92%
  • Renaissance Technologies Corp
    331.28K4.59%
  • BlackRock Inc
    328.49K4.55%
  • Vanguard Capital Management, LLC
    288.48K4.00%
  • Geode Capital Management, LLC
    159.50K2.21%
  • Bridgeway Capital Management, LLC
    119.86K1.66%
  • Acadian Asset Management LLC
    117.19K1.62%
  • Truffle Hound Capital, LLC
    116.55K1.62%
  • Morgan Stanley - Brokerage Accounts
    96.79K1.34%
  • Mink Brook Asset Management LLC
    84.17K1.17%
  • State Street Corp
    83.28K1.15%

Top Fund Holders

  • VT De Lisle America B USD
    393.16K5.45%
  • Vanguard MStar Total Stk Mkt Idx Invest
    218.08K3.02%
  • iShares Russell 2000 ETF
    171.73K2.38%
  • DFA US Small Cap Value I
    164.38K2.28%
  • Fidelity Small Cap Index
    73.51K1.02%
  • DFA US Targeted Value I
    65.39K0.91%
  • iShares Russell 2000 Value ETF
    63.68K0.88%
  • DFA US Small Cap I
    62.79K0.87%

Dividends

20264×
0.04Oct 23, 20260.04Jul 17, 20260.04Apr 24, 20260.04Jan 16, 2026
20254×
0.04Oct 24, 20250.04Jul 18, 20250.04Apr 25, 20250.04Jan 17, 2025
20244×
0.04Oct 25, 20240.04Jul 26, 20240.04Apr 25, 20240.02Jan 18, 2024
20234×
0.02Oct 19, 20230.02Jul 20, 20230.02Apr 27, 20230.02Jan 12, 2023
20224×
0.02Oct 13, 20220.02Jul 21, 20220.02Apr 28, 20220.02Jan 13, 2022
20214×
0.02Oct 7, 20210.02Jul 15, 20210.02Apr 22, 20210.02Jan 7, 2021

Stock Splits

  • Apr 26, 200021:20
  • Apr 28, 199921:20
  • Apr 29, 199821:20
  • Apr 23, 199721:20
  • Apr 24, 199621:20
  • Apr 17, 199521:20
  • Apr 11, 199421:20
  • Apr 2, 199321:20
  • Apr 6, 199221:20
  • Apr 8, 199121:20