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Friedman Industries vs Gibraltar Industries: revenue, profit, margins and growth compared

Friedman Industries brought in $444.6M of revenue in fiscal 2025, Gibraltar Industries $1.1B in fiscal 2025. Revenue changed by -13.9% at Friedman Industries and +11.0% at Gibraltar Industries on the year before, so Gibraltar Industries grew faster. Friedman Industries kept 1.4% of its revenue as net profit, Gibraltar Industries -3.9%. Free cash flow was -$8.4M at Friedman Industries and $120.6M at Gibraltar Industries.

Side by side, latest fiscal year

FRDROCK
Fiscal year endedFY2025 (March 31, 2025)FY2025 (December 31, 2025)
Revenue$444.6M$1.1B
Revenue growth-13.9%+11.0%
Net income$6.1M-$44.4M
Net margin1.4%-3.9%
Free cash flow-$8.4M$120.6M
Free cash flow margin-1.9%10.6%
Earnings per share (diluted)$0.87-$1.48
Cash$3.7M$115.7M
Debtn/a$0
Price to earnings45.2n/a
Market value$283.8M$1.2B
Dividend yield0.41%n/a
Rank by revenue in sector#334 of 451 · Industrials#264 of 451 · Industrials

Over the years

Revenue
FRD FY2017: $121.2MFRD FY2018: $187.2MFRD FY2019: $142.1MFRD FY2021: $126.1MFRD FY2022: $285.2MFRD FY2023: $547.5MFRD FY2024: $516.3MFRD FY2025: $444.6MROCK FY2018: $837.1MROCK FY2019: $898.2MROCK FY2020: $1BROCK FY2021: $1.3BROCK FY2022: $1.4BROCK FY2023: $1BROCK FY2024: $1BROCK FY2025: $1.1BFY17FY18FY19FY20FY21FY22FY23FY24FY25
FRD $444.6MROCK $1.1B
Net income
FRD FY2017: $3.9MFRD FY2018: $5.1MFRD FY2019: -$5.2MFRD FY2021: $11.4MFRD FY2022: $14.1MFRD FY2023: $21.3MFRD FY2024: $17.3MFRD FY2025: $6.1MROCK FY2018: $63.8MROCK FY2019: $65.1MROCK FY2020: $64.6MROCK FY2021: $75.6MROCK FY2022: $82.4MROCK FY2023: $110.5MROCK FY2024: $137.3MROCK FY2025: -$44.4MFY17FY18FY19FY20FY21FY22FY23FY24FY25
FRD $6.1MROCK -$44.4M
Net margin
FRD FY2017: 3.2%FRD FY2018: 2.7%FRD FY2019: -3.7%FRD FY2021: 9.1%FRD FY2022: 4.9%FRD FY2023: 3.9%FRD FY2024: 3.4%FRD FY2025: 1.4%ROCK FY2018: 7.6%ROCK FY2019: 7.2%ROCK FY2020: 6.3%ROCK FY2021: 5.6%ROCK FY2022: 5.9%ROCK FY2023: 10.6%ROCK FY2024: 13.4%ROCK FY2025: -3.9%FY17FY18FY19FY20FY21FY22FY23FY24FY25
FRD 1.4%ROCK -3.9%
Revenue growth
FRD FY2018: +54.5%FRD FY2019: -24.1%FRD FY2021: -11.3%FRD FY2022: +126.2%FRD FY2023: +92.0%FRD FY2024: -5.7%FRD FY2025: -13.9%ROCK FY2019: +7.3%ROCK FY2020: +15.0%ROCK FY2021: +29.8%ROCK FY2022: +3.7%ROCK FY2023: -24.7%ROCK FY2024: -2.3%ROCK FY2025: +11.0%FY18FY19FY20FY21FY22FY23FY24FY25
FRD -13.9%ROCK +11.0%
Free cash flow
FRD FY2017: $2.9MFRD FY2018: $8.8MFRD FY2019: $6.3MFRD FY2021: $3.8MFRD FY2022: -$21.5MFRD FY2023: $47.4MFRD FY2024: -$813KFRD FY2025: -$8.4MROCK FY2018: $87.2MROCK FY2019: $121.2MROCK FY2020: $76MROCK FY2021: $5.4MROCK FY2022: $82.6MROCK FY2023: $204.6MROCK FY2024: $156.9MROCK FY2025: $120.6MFY17FY18FY19FY20FY21FY22FY23FY24FY25
FRD -$8.4MROCK $120.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Friedman Industries and Gibraltar Industries

Which is bigger by revenue, Friedman Industries or Gibraltar Industries?

Gibraltar Industries is bigger by revenue: $1.1B in fiscal 2025, against $444.6M for Friedman Industries in fiscal 2025.

Which keeps more of its revenue as profit, Friedman Industries or Gibraltar Industries?

Friedman Industries had a net margin of 1.4% in fiscal 2025; Gibraltar Industries had -3.9% in fiscal 2025.

Which grew revenue faster, Friedman Industries or Gibraltar Industries?

In their latest fiscal years revenue changed by -13.9% at Friedman Industries and +11.0% at Gibraltar Industries.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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