FRIEDMAN INDUSTRIES, INCORPORATED financials
Source: EDGAR filings · Built 2026-06-02T03:04:22Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -8.47M | -920.00K | 47.34M | -21.57M | 3.72M | 6.25M |
| EBITDA | 6.33M | 27.59M | 23.60M | 29.84M | 16.74M | -5.33M |
| Working Capital | 128.14M | 115.96M | 98.57M | 64.55M | 48.46M | 55.57M |
| Net Debt | -774.00K | 46.00K | -1.56M | -2.33M | -7.65M | -16.59M |
| Gross Margin | 0.63% | 4.75% | 7.87% | 14.37% | 14.07% | 1.32% |
| Operating Margin | 0.68% | 4.75% | 3.85% | 10.00% | 12.47% | -4.83% |
| Net Margin | 1.37% | 3.36% | 3.90% | 4.93% | 9.06% | -3.69% |
| Return on Equity (ROE) | 4.60% | 13.61% | 18.49% | 17.65% | 17.48% | -7.85% |
| Return on Assets (ROA) | 2.68% | 7.54% | 10.71% | 8.83% | 12.02% | -6.79% |
| Current Ratio | 4.34× | 3.14× | 3.19× | 2.06× | 2.67× | 6.76× |
| Debt-to-Equity | 0.02× | 0.02× | 0.01× | 0.00× | 0.01× | 0.01× |
| Effective Tax Rate | 20.90% | 25.60% | 24.28% | 23.27% | 24.95% | 23.24% |
| Cash Conversion Ratio | -0.72× | 0.29× | 2.99× | -0.95× | 0.74× | -2.14× |
| Accruals Ratio | 0.05× | 0.05× | -0.21× | 0.17× | 0.03× | -0.21× |
| CapEx Coverage | -1.09× | 0.84× | 3.86× | -1.64× | 1.79× | 2.25× |
| Free Cash Flow Per Share | $-1.22 | $-0.13 | $6.56 | $-3.26 | $0.55 | $0.89 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 17.11× | 7.84× | 3.90× | 4.32× | 4.96× | — |
| P/FCF | — | — | 1.73× | — | 14.59× | 4.94× |
| FCF Yield | — | — | 57.84% | — | 6.85% | 20.24% |
| EV / EBITDA | 20.75× | 6.03× | 4.20× | 2.39× | 3.58× | — |
| P/S | 0.30× | 0.32× | 0.18× | 0.26× | 0.54× | 0.26× |
| P/B | 1.00× | 1.30× | 0.87× | 0.92× | 1.03× | 0.55× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | 441.81M | 491.73M | 504.46M | 244.25M | 102.52M | 139.49M |
| Gross Profit | — | — | — | — | 17.74M | 1.87M |
| Selling, General and Administrative Expense | 16.17M | 21.04M | 21.89M | 12.47M | 7.84M | 5.12M |
| Operating Income (Loss) | 3.04M | 24.52M | 21.07M | 28.52M | 15.73M | -6.86M |
| Income Tax Expense (Benefit) | 1.61M | 5.97M | 6.84M | 4.26M | 3.80M | -1.59M |
| Net Income (Loss) Attributable to Parent | 6.08M | 17.34M | 21.34M | 14.07M | 11.42M | -5.25M |
| Earnings Per Share, Basic | $0.87 | $2.39 | $2.91 | $2.04 | $1.63 | $-0.75 |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 6.62M | 7.03M | 7.00M |
| Earnings Per Share, Diluted | $0.87 | $2.39 | $2.91 | $2.04 | $1.63 | $-0.75 |
| Weighted Average Number of Shares Outstanding, Diluted | 6.94M | 7.18M | 7.22M | 6.62M | 6.70M | 7.00M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 3.69M | 2.89M | 2.99M | 2.60M | 8.19M | 17.06M |
| Assets, Current | 166.47M | 170.06M | 143.66M | 125.36M | 77.53M | 65.21M |
| Assets | 226.82M | 230.02M | 199.31M | 159.28M | 95.01M | 77.34M |
| Liabilities, Current | 38.32M | 54.11M | 45.09M | 60.81M | 29.07M | 9.65M |
| Liabilities | 94.40M | 102.54M | 83.88M | 79.59M | 29.67M | 10.48M |
| Stockholders' Equity Attributable to Parent | 132.43M | 127.47M | 115.43M | 79.69M | 65.34M | 66.87M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -4.41M | 4.98M | 63.89M | -13.40M | 8.43M | 11.23M |
| Payments to Acquire Property, Plant, and Equipment | 4.00M | 5.79M | 16.45M | 8.06M | 4.61M | 4.94M |
| Net Cash Provided by (Used in) Investing Activities | -3.43M | -5.80M | -88.19M | -7.92M | -4.59M | -4.95M |
| Payments for Repurchase of Common Stock | 171.00K | 5.15M | 37.00K | 538.00K | 1.73M | — |
| Net Cash Provided by (Used in) Financing Activities | 6.09M | 1.34M | 13.56M | 17.25M | -701.91K | -889.57K |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 5.34M | 11.69M | 13.71M | -12.79M | 4.32M | 2.77M |
| EBITDA | — | — | 7.89M | 6.70M | — | — |
| Working Capital | 167.06M | 159.95M | 117.45M | 128.14M | 107.01M | 111.68M |
| Net Debt | 5.52M | 4.12M | 778.00K | -774.00K | 1.87M | 508.00K |
| Gross Margin | 2.32% | 1.89% | 5.23% | — | — | -0.21% |
| Operating Margin | 2.32% | 1.89% | 5.23% | 4.53% | -1.26% | -0.21% |
| Net Margin | 1.81% | 1.47% | 3.73% | 4.14% | -1.22% | -0.63% |
| Return on Equity (ROE) | 2.14% | 1.61% | 3.66% | 4.04% | -0.90% | -0.52% |
| Return on Assets (ROA) | 0.98% | 0.72% | 2.30% | 2.36% | -0.55% | -0.32% |
| Current Ratio | 3.59× | 3.24× | 3.90× | 4.34× | 3.53× | 4.07× |
| Debt-to-Equity | 0.06× | 0.06× | 0.02× | 0.02× | 0.02× | 0.02× |
| Effective Tax Rate | 24.00% | 24.76% | 24.33% | 21.95% | 25.77% | 25.17% |
| Cash Conversion Ratio | 3.67× | 7.11× | 3.08× | -2.21× | -6.44× | -7.00× |
| Accruals Ratio | -0.03× | -0.04× | -0.05× | 0.08× | -0.04× | -0.03× |
| CapEx Coverage | 1.91× | 3.76× | 8.70× | -12.36× | 2.40× | 2.42× |
| Free Cash Flow Per Share | $0.75 | $1.67 | $1.94 | $-1.84 | $0.64 | $0.41 |
Valuation Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 9.23× | 13.52× | 13.80× | 17.31× | 19.11× | 14.18× |
| P/S | 0.32× | 0.38× | 0.32× | 0.30× | 0.30× | 0.30× |
| P/B | 1.30× | 1.41× | 1.08× | 1.00× | 1.07× | 1.10× |
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | 164.07M | 149.50M | 127.73M | — | — | 106.98M |
| Selling, General and Administrative Expense | 7.15M | 6.29M | 5.46M | 3.84M | 3.89M | 3.94M |
| Operating Income (Loss) | 3.90M | 2.88M | 7.04M | 5.85M | -1.19M | -224.00K |
| Income Tax Expense (Benefit) | 961.00K | 737.00K | 1.62M | 1.50M | -400.00K | -227.00K |
| Net Income (Loss) Attributable to Parent | 3.04M | 2.24M | 5.03M | 5.34M | -1.15M | -675.00K |
| Earnings Per Share, Basic | $0.43 | $0.32 | $0.71 | $0.76 | $-0.17 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Basic | 6.97M | 6.97M | 6.97M | — | 6.95M | 6.94M |
| Earnings Per Share, Diluted | $0.43 | $0.32 | $0.71 | $0.76 | $-0.17 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 6.94M | — | — |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 3.00M | 4.59M | 2.10M | 3.69M | 1.07M | 2.47M |
| Assets, Current | 231.48M | 231.32M | 157.93M | 166.47M | 149.29M | 148.04M |
| Assets | 311.86M | 311.29M | 219.08M | 226.82M | 210.25M | 209.17M |
| Liabilities, Current | 64.41M | 71.38M | 40.48M | 38.32M | 42.28M | 36.37M |
| Liabilities | 169.65M | 172.02M | 81.80M | 94.40M | 82.92M | 80.40M |
| Stockholders' Equity Attributable to Parent | 142.21M | 139.27M | 137.28M | 132.43M | 127.33M | 128.76M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 11.18M | 15.92M | 15.49M | -11.83M | 7.42M | 4.72M |
| Payments to Acquire Property, Plant, and Equipment | 5.84M | 4.24M | 1.78M | 957.00K | 3.04M | 1.90M |
| Net Cash Provided by (Used in) Investing Activities | -51.44M | -49.84M | -1.78M | -184.00K | -3.25M | -2.90M |
| Payments for Repurchase of Common Stock | 10.00K | 9.00K | 10.00K | 0 | 171.00K | 134.00K |
| Net Cash Provided by (Used in) Financing Activities | 39.63M | 34.84M | -14.98M | 14.94M | -8.85M | -5.18M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (FRD CIK 0000039092),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.