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Friedman Industries FRD Payments For Desposit On Steel Processing Equipment

Payments For Desposit On Steel Processing Equipment at other companies

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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×
Current ratio3.4×-1.0×

Where this comes from

Reported directly by Friedman Industries in its filing.

Tagged under the XBRL concept frd:PaymentsForDespositOnSteelProcessingEquipment.

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 payments for desposit on steel processing equipment?
Friedman Industries (FRD) reported payments for desposit on steel processing equipment of -$0 in Q1 2026.
How has Friedman Industries's payments for desposit on steel processing equipment changed year-over-year?
Friedman Industries's payments for desposit on steel processing equipment decreased by 100.0% year-over-year, from $250K to -$0.
What does payments for desposit on steel processing equipment mean?
This metric captures cash outflows made as deposits for the acquisition of specialized steel processing machinery and manufacturing equipment. These payments represent capital commitments made in advance of the final delivery and installation of assets. It serves as a leading indicator of planned capacity expansion or technological upgrades within the manufacturing segments.