Skip to content
Screener
Friedman Industries logo

Friedman Industries

FRD

Friedman Industries is a manufacturer and processor of steel products, specializing in flat-roll and tubular metal solutions.

Market cap
$239.83M+124%
Revenue$646.9M+45.5%
Net income$19.5M+221%
Free cash flow$1.4M+116%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 2 days)

Financials

Q4 2026

Income statement

See full
Revenue$191.8M+48.4%
Net income$4.9M+221%

Balance sheet

See full
Cash & equivalents$2.5M-33.5%
Total debt$8.3M+186%
Total equity$151.5M+14.4%
Total assets$336.8M+48.5%

Cash flow

See full
Operating cash flow$2.1M+293%
CapEx$1.8M+78.9%
Free cash flow$344.8K+116%

Valuation & ratios

Valuation

See full
Market cap$239.83M+124%
Enterprise value$245.72M+132%
P/E12.3×+1.1×
P/S0.4×+0.1×

Profitability

See full
Net margin3%+1.7pp
FCF margin0.2%+0.1pp

Returns & leverage

See full
Return on equity13.8%+9.1pp
Debt / equity0.1×0.0×
Current ratio3.4×-1.0×

Segments

By product

See full
Prime Coil$174.5M+49.6%
Manufactured Pipe$16.1M+40.1%
Customer Owned$1.2M+14.2%

By segment

See full
Flatroll$175.7M

Competitors

Profile

Friedman Industries is a manufacturer and processor of steel products, specializing in flat-roll and tubular metal solutions. The company operates processing facilities that convert raw steel into customized sheets, plates, and pipes for industrial applications. Its core value proposition centers on rapid-delivery wholesale distribution and the ability to meet precise customer specifications through advanced leveling and cutting technologies.

Competitive position

The company competes as a high-speed, wholesale processor focusing on rapid-delivery and competitive pricing relative to larger metal service centers.

GeographiesUnited States, Midwestern US, Southwestern US, Southeastern US
Customer segmentsIndustrial Manufacturers, Energy Infrastructure, Transportation Equipment, Wholesale Distributors
Business modelManufacturing, Wholesale Distribution, Fee-for-service processing
SuppliersSteel mills, Raw coil suppliers
CustomersMetals service centers, Fabricated metal product manufacturers, Infrastructure construction firms, Energy sector distributors
Listed1992
Employees268.0
CEOMichael J. Taylor
IndustrySteel
FilingsSEC EDGAR

FAQ

What is Friedman Industries's market cap?
Friedman Industries (FRD) has a market capitalization of $239.8M and trades on AMEX.
What is Friedman Industries's revenue and profitability?
Friedman Industries generated $646.9M in trailing twelve-month revenue with net income of $19.5M, representing a net margin of 3.0%, with free cash flow of $1.4M. These figures are based on the Q1 2026 filing.
Who are Friedman Industries's competitors?
Friedman Industries's key competitors include Steel Dynamics, Inc., Reliance, Inc., Worthington Steel, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does Friedman Industries have?
Friedman Industries's subsidiaries include Texas Tubular Products.
Where is Friedman Industries headquartered?
Friedman Industries is headquartered in United States of America and employs approximately 268 people. It has been publicly traded since 1992.