Stocks Industrials FRD
NASDAQ · IndustrialsFriedman Industries Inc (FRD)
Friedman Industries Inc reported revenue of $444.6M in fiscal 2025, down 13.9% from a year earlier. Net income was $6.1M, a net margin of 1.4%. In fiscal 2025 capital spending exceeded operating cash flow by $8.4M. At September 30, 2026 it held $5.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Friedman Industries Inc
- Net worth
- Friedman Industries Inc has a market value (market cap) of $271M at the latest share price, and shareholders' equity of $180.1M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $444.6M (-13.9% year on year), with net income of $6.1M.
- Cash flow
- In fiscal 2025 operations used $4.4M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Friedman Industries Inc's next report is expected around February 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Friedman Industries Inc declared dividends of $0.16 per share in fiscal 2025.
What Friedman Industries Inc does
Friedman Industries Inc is registered with the SEC under industry code SIC 3310 (Steel Works, Blast Furnaces & Rolling & Finishing Mills). Its shares trade on NASDAQ under the ticker FRD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $444.6M | $6.1M | $0.87 | -$8.4M |
| 2024 | $516.3M | $17.3M | $2.39 | -$813K |
| 2023 | $547.5M | $21.3M | $2.91 | $47.4M |
| 2022 | $285.2M | $14.1M | $2.04 | -$21.5M |
| 2021 | $126.1M | $11.4M | $1.63 | $3.8M |
| 2019 | $142.1M | -$5.2M | -$0.75 | $6.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FRD ranks in Industrials
Dividends
Friedman Industries Inc declared $0.16 per share in fiscal 2025. It paid out $1.1M in cash dividends, 18% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.16 | $1.1M | 18% |
| 2024 | $0.10 | $581K | 3% |
| 2023 | $0.08 | $589K | 3% |
| 2022 | $0.08 | $551K | 4% |
| 2021 | n/a | $564.2K | 5% |
| 2019 | n/a | $839.9K | n/a |
Latest SEC filings
What Friedman Industries Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 88% to $286.8M versus the same quarter last year; diluted EPS $2.19 versus $0.32.
- September 28, 2026
- September 10, 2026
- August 6, 2026
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 78% to $240M versus the same quarter last year; diluted EPS $1.79 versus $0.71.
- July 28, 2026Passive stake (5% or more) SCHEDULE 13G
- July 28, 2026Proxy statement DEF 14A
- July 16, 2026Preliminary proxy statement PRE 14A
- June 11, 2026
Insider trades
What the people running Friedman Industries Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 6 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 1, 2026 | Taylor Sharon LDirector | Received as pay | 238 | - |
| November 1, 2026 | Scott Sandra KayDirector | Received as pay | 238 | - |
| November 1, 2026 | Hanson Michael DonnDirector | Received as pay | 238 | - |
| November 1, 2026 | Reichenthal Max AlanDirector | Received as pay | 238 | - |
| November 1, 2026 | Williams Joe LDirector | Received as pay | 238 | - |
| November 1, 2026 | Chhibbar GauravChief Operating Officer | Shares withheld for tax | 8,500 | $358.4K |
| June 3, 2026 | Chhibbar GauravChief Operating Officer | Received as pay | 15,000 | - |
| June 3, 2026 | LaRue AlexChief Financial Officer | Received as pay | 10,000 | - |
Who owns FRD
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Tontine Asset Associates, LLC13G, passive with 2 related filers | 6.5% | November 13, 2024 |
| De Lisle Partners LLP13G, passive | 5.9% | February 11, 2026 |
Largest institutional holders
Insiders
8 insiders reported holding 439,388 shares in total, about $16.5M at the last price.
| Holder | Shares |
|---|---|
| Taylor Mike JPresident / CEO / Director, Director | 253,166 |
| Chhibbar GauravChief Operating Officer | 57,900 |
| LaRue AlexChief Financial Officer | 41,646 |
| Reichenthal Max AlanDirector | 34,127 |
| Williams Joe LDirector | 32,940 |
| Scott Sandra KayDirector | 10,807 |
| Taylor Sharon LDirector | 8,107 |
| Hanson Michael DonnDirector | 695 |
Questions about FRD
What does Friedman Industries Inc do?
Friedman Industries Inc is a company in the Industrials sector, listed on NASDAQ as FRD. Its shares trade on NASDAQ under the ticker FRD.
What is Friedman Industries Inc's net worth?
Friedman Industries Inc has a market value (market cap) of $271M at the latest share price, and shareholders' equity of $180.1M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Friedman Industries Inc profitable?
Yes. In fiscal 2025 it reported net income of $6.1M on revenue of $444.6M, a net margin of 1.4%.
How much revenue does Friedman Industries Inc make?
In fiscal 2025 Friedman Industries Inc reported revenue of $444.6M. That is 13.9% less than a year earlier.
When did Friedman Industries Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Friedman Industries Inc's next earnings report?
Friedman Industries Inc's next report is expected around February 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Friedman Industries Inc pay a dividend?
Yes. Friedman Industries Inc declared dividends of $0.16 per share in fiscal 2025.
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Where the numbers come from
Financial figures are the values Friedman Industries Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.