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FRD Overview

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ET
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Intellectia

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High
37.865
Open
36.430
VWAP
36.36
Vol
162.33K
Mkt Cap
265.96M
Low
33.790
Amount
5.90M
EV/EBITDA(TTM)
12.20
Total Shares
7.11M
EV
359.56M
EV/OCF(TTM)
42.10
P/S(TTM)
0.40
Friedman Industries, Incorporated is a manufacturer and processor of steel products. The Company has two segments: flat-roll products and tubular products. The flat-roll product segment consists of operations in Hickman, Decatur, East Chicago, Granite City and Sinton, where it processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher-leveler cut-to-length lines. The tubular product segment consists of operations in Lone Star, where it manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8' OD to 8 5/8' OD. Both pipe mills are American Petroleum Institute (API) licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes.
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Events Timeline

(ET)
2026-06-12
16:30:00
SpaceX IPO Makes Elon Musk the World's First Trillionaire
select
2026-06-12
12:30:00
SpaceX IPO Drives Market Higher
select
2026-06-11 (ET)
2026-06-11
17:00:00
Company Reports Q4 Revenue of $191.8M, a Record High
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2026-06-11
17:00:00
Friedman Industries Q1 Revenue Comparable to Prior Quarter Sales of $191.8M
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2026-03-17 (ET)
2026-03-17
11:20:00
Friedman Industries Expands Facility in Texas
select
2025-09-02 (ET)
2025-09-02
08:07:44
Friedman Industries Grows Through Purchase of Century Metals, Supplies
select
2025-07-14 (ET)
2025-07-14
08:35:53
Friedman Industries appoints Chhibbar as Chief Operating Officer
select
2025-06-30 (ET)
2025-06-30
09:04:38
Friedman Industries joins Russell 2000, Russell 3000 Indexes
select
2025-03-27 (ET)
2025-03-27
16:54:47
Friedman Industries announces transfer to Nasdaq
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News

NASDAQ.COM
9.5
06-12NASDAQ.COM
Friedman Industries Reports Increased Q4 Profit
  • Significant Profit Growth: Friedman Industries reported a net profit of $9.22 million for Q4, translating to earnings per share of $1.30, which marks a substantial increase from last year's $5.35 million and $0.76 per share, indicating enhanced profitability.
  • Revenue Surge: The company's revenue rose by 48.4% year-over-year to $191.78 million, up from $129.22 million last year, reflecting strong market demand and sales performance.
  • Improved Financial Health: The continuous revenue and profit growth have strengthened Friedman Industries' financial position, enhancing its competitiveness and market standing within the industry.
  • Optimistic Future Outlook: With both revenue and profit on the rise, the company is poised to continue expanding its market share and increasing shareholder value, further solidifying its leadership position in the industry.
Newsfilter
9.5
06-11Newsfilter
Friedman Industries Reports Record Earnings for Fiscal Year 2026
  • Strong Quarterly Performance: In Q4 2026, Friedman Industries reported net earnings of $9.2 million on sales of $191.8 million, achieving the highest sales volume in company history, reflecting robust market performance and profitability.
  • Significant Annual Sales Growth: For fiscal year 2026, net earnings reached $19.5 million with sales of $646.9 million, marking a 46% increase over the previous fiscal year, showcasing the company's successful strategies in market expansion and capacity enhancement.
  • Acquisition Synergies: The acquisition of Century Metals significantly enhanced Friedman's processing capabilities and geographic reach, contributing to a sales volume increase of 126,500 tons in FY 2026, with 80% of this growth stemming from existing facilities, underscoring the strategic value of the acquisition.
  • Optimistic Outlook: Management anticipates that Q1 FY 2027 sales volumes will match those of Q4 FY 2026, with expected margin improvements driven by rising average selling prices, indicating a strong momentum for continued profitable growth.
seekingalpha
9.5
06-11seekingalpha
Friedman Reports Q4 and FY 2026 Financial Results
  • Strong Earnings Report: Friedman achieved a GAAP EPS of $1.30 in Q4, with revenue of $191.8 million, reflecting a robust 48.4% year-over-year growth, indicating strong market demand and effective cost management.
  • Significant Annual Growth: For FY 2026, the company reported a GAAP EPS of $2.76 and revenue of $646.91 million, marking a 61.48% year-over-year increase, showcasing its competitive position and sustained growth potential in the industry.
  • Optimistic Future Outlook: Management expects Q1 FY 2027 sales volumes to be comparable to Q4 FY 2026, demonstrating confidence in maintaining sales stability while laying the groundwork for future growth.
  • Margin Improvement Anticipated: Management anticipates sequential improvement in sales margins driven by increases in average selling prices during the first quarter, which will further enhance profitability and shareholder value.
Benzinga
4.5
02-20Benzinga
Market Dynamics: The Return of Value Investing
  • Global Economic Overview: While inflation continues to ease across major economies, uneven growth persists, and concerns over how AI will reshape margins and pricing power have led to volatility in the software sector, impacting credit markets.
  • European Market Resilience: The Eurozone remains stable with fiscal support, despite modest deterioration in manufacturing and hiring trends, as strong performances in banks, commodities, and defense industries offset volatility tied to global technology concerns.
  • Japan's Policy Shifts: Fiscal expansion linked to election promises has pushed bond yields higher in Japan, prompting markets to reassess debt and spending expectations, while corporate governance reforms and improving economic growth have supported stock performance.
  • North American Rotation: With moderating inflation and a resilient labor market in the U.S., investors are increasingly favoring companies with strong balance sheets and predictable cash flows, leading to relative strength in energy and financial sectors.
Newsfilter
9.5
02-09Newsfilter
Friedman Industries Reports Strong Q3 2025 Earnings Growth
  • Significant Sales Growth: Friedman Industries reported sales of $168 million for Q3 2025, a remarkable 79% increase year-over-year, driven by strong market demand and the contribution from the Century acquisition.
  • Profitability Turnaround: The company achieved net earnings of $3 million in Q3 2025, translating to a diluted earnings per share of $0.43, a substantial recovery from a net loss of $1.2 million in Q3 2024, indicating a strong improvement in profitability.
  • Price Increases: The average selling price for flat-roll products rose from $813 per ton in Q4 2024 to $1,016 per ton in Q4 2025, enhancing the company's margins and strengthening its competitive position in the market.
  • Effective Risk Management: Through successful hedging activities, Friedman recognized approximately $1.4 million in gains during Q3 2025, effectively mitigating the impact of commodity price volatility on inventory values, thereby reinforcing the company's financial stability.
seekingalpha
9.5
02-09seekingalpha
Friedman Reports Strong Q3 Earnings with 78.6% Revenue Growth
  • Significant Earnings Growth: Friedman reported a GAAP EPS of $0.43 for Q3, with revenue reaching $167.97 million, reflecting a robust 78.6% year-over-year increase, indicating strong market performance and enhanced profitability.
  • Stable Sales Outlook: Management expects fourth quarter fiscal 2026 sales volumes to remain generally consistent with third quarter levels, suggesting stability in the current market environment and sustained customer demand.
  • Margin Improvement Anticipated: The management anticipates sequential improvement in sales margins as they enter the fourth quarter, primarily driven by increases in average selling prices, which will further enhance the company's profitability and competitive position.
  • Market Environment Insight: Friedman benefits from rising hot-rolled coil (HRC) prices, although management warns of potential mean reversion risks, necessitating vigilance in navigating future market fluctuations to ensure continued growth.

Valuation Metrics

The current forward P/E ratio for Friedman Industries Inc (FRD.A) is 14.43, compared to its 5-year average forward P/E of 1.39. For a more detailed relative valuation and DCF analysis to assess Friedman Industries Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
1.39
Current PE
14.43
Overvalued PE
5.73
Undervalued PE
-2.95

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

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Whales Holding FRD

T
Tontine Management, LLC
Holding
FRD
+47.02%
3M Return

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Frequently Asked Questions

What is Friedman Industries Inc (FRD) stock price today?

The current price of FRD is 37.42 USD — it has increased 3.74

What is Friedman Industries Inc (FRD)'s business?

Friedman Industries, Incorporated is a manufacturer and processor of steel products. The Company has two segments: flat-roll products and tubular products. The flat-roll product segment consists of operations in Hickman, Decatur, East Chicago, Granite City and Sinton, where it processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher-leveler cut-to-length lines. The tubular product segment consists of operations in Lone Star, where it manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8' OD to 8 5/8' OD. Both pipe mills are American Petroleum Institute (API) licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes.

What is the price predicton of FRD Stock?

Wall Street analysts forecast FRD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Friedman Industries Inc (FRD)'s revenue for the last quarter?

Friedman Industries Inc revenue for the last quarter amounts to 191.78M USD, increased 48.42

What is Friedman Industries Inc (FRD)'s earnings per share (EPS) for the last quarter?

Friedman Industries Inc. EPS for the last quarter amounts to USD, decreased -100.00

How many employees does Friedman Industries Inc (FRD). have?

Friedman Industries Inc (FRD) has 381 emplpoyees as of June 20 2026.

What is Friedman Industries Inc (FRD) market cap?

Today FRD has the market capitalization of 265.96M USD.