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Current ratio at other companies

Reliance logo
RelianceRS
4.4×+1.2×
Steel Dynamics logo
Steel DynamicsSTLD
3.1×+0.4×
Worthington Steel logo
Worthington SteelWS
1.5×-0.3×
Cleveland-Cliffs logo
Cleveland-CliffsCLF
-0.1×
Ampco-Pittsburgh logo
Ampco-PittsburghAP
1.8×-0.1×
Nucor logo
NucorNUE
2.9×+0.4×

Other financials

Income statement

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Revenue$191.8M+48.4%
Gross profit-$3.6M
Operating income-$5.7M
Net income$4.9M+221%
EPS (diluted)-$0.43

Balance sheet

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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

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

Valuation

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Market cap$228.72M+107%
Enterprise value$234.61M+111%
P/E11.7×0.0×
P/S0.4×+0.1×

Profitability

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

Returns & leverage

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Return on equity13.8%+9.1pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Friedman Industries’s reported figures.

Based on the most recent quarter.

The official record: Friedman Industries’s 10-K, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Friedman Industries's current ratio?
Friedman Industries (FRD) reported current ratio of 3.4× in Q1 2026.
How has Friedman Industries's current ratio changed year-over-year?
Friedman Industries's current ratio decreased by 22.3% year-over-year, from 4.3× to 3.4×.
What is the long-term trend for Friedman Industries's current ratio?
Over 5 years (2021 to 2026), Friedman Industries's current ratio has grown at a 4.8% compound annual growth rate (CAGR), from 2.7× to 3.4×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.