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Friedman Industries

FRD

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

Market cap
$301.86M+109%
Revenue$752.1M+61.8%
Trailing twelve months · change vs. prior year

Earnings

Q1 2026 report

August 6, 2026

Next report

Nov 4, 2026 (In 3 weeks)

Financials

Q1 2027

Income statement

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Revenue$240.0M+78.1%

Balance sheet

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Cash & equivalents$5.0M+140%
Total debt$9.8M+242%
Total equity$164.2M+19.6%
Total assets$373.4M+70.5%

Valuation & ratios

Valuation

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Market cap$301.86M+109%
Enterprise value$306.66M+101%
P/S0.4×+0.1×

Returns & leverage

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Debt / equity0.1×0.0×
Current ratio2.9×-1.0×

Segments

By product

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Prime Coil$220.6M+79.6%
Manufactured Pipe$18.2M+70.1%
Customer Owned$1.2M-4.7%

By segment

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Flatroll$221.8M+78.7%

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 $301.9M and trades on AMEX.
What is Friedman Industries's revenue and profitability?
Friedman Industries generated $752.1M in trailing twelve-month revenue, representing a net margin of 3.0%. The latest reported period is Q1 2027.
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.