Friedman Industries Inc FRD Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$36.00 up $0.50, 1.41% at close Nov 6
Last close · Previous close $35.50
- Market cap
- At the Nov 6 close
- P/E ratio
- 9.38On last 12 months’ EPS
- Diluted EPS
- $3.84Last 12 months
- Dividend yield
- 0.44%Last 12 months
Price chart
$36.00up $0.50, 1.41%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$35.50Nov 5
- Volume101.52KNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume48.71KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $16.55 to $48.77; now $36.00
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
FRD beat the S&P 500 in 5 of 7 periods.
| Period | FRD and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FRD: down 14.8% S&P 500: down 5.6% | FRD trailed the S&P 500 by 9.2 percentage points Trailed |
| 3M | FRD: down 4.5% S&P 500: down 4.1% | FRD trailed the S&P 500 by 0.4 percentage points Trailed |
| YTD | FRD: up 76.8% S&P 500: up 8.7% | FRD beat the S&P 500 by 68.1 percentage points Beat |
| 1Y | FRD: up 70.5% S&P 500: up 10.9% | FRD beat the S&P 500 by 59.6 percentage points Beat |
| Long term | ||
| 3Y | FRD: up 232.3% S&P 500: up 75.0% +49.2% vs +20.5% a year | FRD beat the S&P 500 by 157.3 percentage points Beat |
| 5Y | FRD: up 182.8% S&P 500: up 67.8% +23.1% vs +10.9% a year | FRD beat the S&P 500 by 115.0 percentage points Beat |
| 10Y | FRD: up 678.7% S&P 500: up 313.1% +22.8% vs +15.2% a year | FRD beat the S&P 500 by 365.6 percentage points Beat |
$10,000 invested in FRD 10 years ago (Nov 4, 2016) would be worth about $77,868 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
FRD beat the S&P 500 in 5 of 7 periods.
| Period | FRD and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FRD: down 14.8% S&P 500: down 5.6% | FRD trailed the S&P 500 by 9.2 percentage points Trailed |
| 3M | FRD: down 4.6% S&P 500: down 4.3% | FRD trailed the S&P 500 by 0.3 percentage points Trailed |
| YTD | FRD: up 75.7% S&P 500: up 7.8% | FRD beat the S&P 500 by 67.9 percentage points Beat |
| 1Y | FRD: up 69.5% S&P 500: up 9.7% | FRD beat the S&P 500 by 59.8 percentage points Beat |
| Long term | ||
| 3Y | FRD: up 224.3% S&P 500: up 68.8% +48.0% vs +19.1% a year | FRD beat the S&P 500 by 155.5 percentage points Beat |
| 5Y | FRD: up 171.7% S&P 500: up 56.9% +22.1% vs +9.4% a year | FRD beat the S&P 500 by 114.8 percentage points Beat |
| 10Y | FRD: up 599.0% S&P 500: up 252.6% +21.5% vs +13.4% a year | FRD beat the S&P 500 by 346.4 percentage points Beat |
$10,000 invested in FRD 10 years ago (Nov 4, 2016) would be worth about $69,903 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$48.08
Closing high on . Now 25.1% below that record.
Split-adjusted daily closes since Mar 17, 1992.
Stock splits
FRD hasn’t split since its price history begins in 1992.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q1 FY27, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $752.11Mup 61.8%
- Net income
- $27.29Mup 219.3%
- Diluted EPS
- $3.84up 220.0%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q2 FY25 (Sep 30, 2024) | $106.76M | −$675.00K | −$0.10 |
| Q3 FY25 (Dec 31, 2024) | $94.07M | −$1.15M | −$0.17 |
| Q4 FY25 (Mar 31, 2025) | $129.22M | $5.35M | $0.76 |
| Q1 FY26 (Jun 30, 2025) | $134.78M | $5.03M | $0.71 |
| Q2 FY26 (Sep 30, 2025) | $152.38M | $2.24M | $0.32 |
| Q3 FY26 (Dec 31, 2025) | $167.97M | $3.04M | $0.43 |
| Q4 FY26 (Mar 31, 2026) | $191.78M | $9.22M | $1.30 |
| Q1 FY27 (Jun 30, 2026) | $239.97M | $12.78M | $1.79 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY22 (Mar 31, 2022) | $285.24M | $14.07M | $2.04 |
| FY23 (Mar 31, 2023) | $547.54M | $21.34M | $2.91 |
| FY24 (Mar 31, 2024) | $516.25M | $17.35M | $2.39 |
| FY25 (Mar 31, 2025) | $444.60M | $6.09M | $0.87 |
| FY26 (Mar 31, 2026) | $646.91M | $19.53M | $2.76 |
Margins
- Gross 10.3%
- Operating 5.3%
- Net 3.6%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$7.19MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$362.00KLast 12 months
- Capital spending$7.55MLast 12 months
- −1.0%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $82.00KLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$1.13MLast 12 months
- Total returned$1.22MLast 12 months
Balance sheet
- $5.90MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$96.59MAs of Jun 30, 2026
- Net debt$90.70MAs of Jun 30, 2026
- 2.90As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.59As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 5 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✗Operating cash flow exceeded net income: not passed
- ✗Long-term debt fell relative to assets: not passed
- ✗Current ratio improved: not passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 18.3%Last 12 months
Over the last 12 months, Friedman Industries’s net income was 18.3% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 8.2%Last 12 months
Over the last 12 months, Friedman Industries’s net income was 8.2% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.040 |
| 2017 | $0.040 |
| 2018 | $0.12 |
| 2019 | $0.16 |
| 2020 | $0.080 |
| 2021 | $0.080 |
| 2022 | $0.080 |
| 2023 | $0.080 |
| 2024 | $0.14 |
| 2025 | $0.16 |
| 2026 (to date) | $0.16 |
Dividend details
- $0.16Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield0.44%Last 12 months
- $0.040Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 14.9% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 2 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 4.2%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Friedman Industries Inc
Friedman Industries, Incorporated is engaged in steel processing, pipe manufacturing and processing and steel and pipe distribution. The Company has two product groups: coil and tubular products. The Company's Coil business segment is engaged in the processing and distribution of hot-rolled steel coils at its locations in Hickman, Arkansas and Decatur, Alabama. The tubular business segment of Friedman Industries operates under the division, Texas Tubular Products (TTP).
- Sector
- Basic Materials
- Industry
- Steel
- Headquarters
- Texas, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
FRD news
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FRD stock FAQ
What is FRD stock’s price today?
Friedman Industries (FRD) traded at $36.00 at the close on , up $0.50 (1.41%) from the previous close of $35.50. Over the past 52 weeks it has traded between $16.55 and $48.77.
If you invested $1,000 in FRD 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in FRD on would be worth about $7,787 at the close on , a total return of +678.7%. The same $1,000 would be worth $2,828 if invested five years ago, $1,705 if invested one year ago, $6,147 if invested 20 years ago, and $19,795 if invested 30 years ago. Past performance doesn’t predict future returns.
What is FRD’s P/E ratio?
FRD trades at 9.4 times its diluted earnings over the four quarters to ($3.84 per share), at the close. (How the P/E ratio works.)
How much revenue does Friedman Industries make?
Friedman Industries reported $752.1 million of revenue over the four quarters to , up 61.8% from the twelve months before. In its latest quarter (Q1 FY27, ended ) revenue was $240.0 million, up 78.1% from a year earlier.
Is Friedman Industries profitable?
Yes. Friedman Industries earned $27.3 million of net income over the four quarters to , a net margin of 3.6%, and its operating margin was 5.3% (what margins tell you).
What are FRD’s earnings per share?
FRD’s diluted earnings per share were $3.84 over the four quarters to , compared with $1.20 in the twelve months before. The latest quarter (Q1 FY27) brought $1.79 per share, against $0.71 a year earlier (how EPS works).
Does FRD pay a dividend?
Yes. Friedman Industries pays a quarterly dividend. The most recent was $0.040 per share, with an ex-dividend date of . Over the last twelve months it paid $0.16 per share, a 0.44% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($0.16 per share), and if the next 12 months match the last 12, 100 shares would receive about $16 over 12 months, and $1,000 over 12 months would take about 6,250 shares, roughly $225,000 at the close. Dividends can change.
What is FRD’s 52-week high and low?
Over the past 52 weeks FRD has traded as low as $16.55 and as high as $48.77. At $36.00 at the close on , it is 26.2% below that high and 117.5% above the low.
What is FRD’s all-time high?
FRD’s highest closing price was $48.08 on , adjusted for stock splits. At $36.00 at the close on , it is 25.1% below that record.
Has FRD stock ever split?
No. FRD hasn’t split since its price history begins in 1992.
How has FRD stock performed?
Including dividends and measured to the close on , FRD has returned +76.8% so far this year and +70.5% over the past year, and +182.8% over five years (+23.1% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Friedman Industries in?
Friedman Industries is in the Basic Materials sector and the Steel industry, and is headquartered in Texas, USA.
What exchange does FRD trade on?
Friedman Industries trades on the Nasdaq under the ticker symbol FRD. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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