Growth & profitability
- Revenue has grown 25.6% per year over the past 5 years.
- Net income has grown slower than revenue (11.3% vs 25.6% per year).
FRD Financials FRIEDMAN INDUSTRIES INC
15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | — | $20M | — | — | 12.9% | 5.8% | — | — | $2M |
| 2025 | $445M | $6M | 0.6% | 0.7% | 4.6% | 2.7% | -$8M | — | $4M |
| 2024 | $516M | $17M | 4.7% | 4.7% | 13.6% | 7.5% | -$813000 | — | $3M |
| 2023 | $548M | $21M | 7.9% | 3.8% | 18.5% | 10.7% | $47M | — | $3M |
| 2022 | $285M | $14M | 14.4% | 10.0% | 17.7% | 8.8% | -$21M | — | $3M |
| 2021 | $126M | $11M | 18.7% | 12.5% | 17.5% | 12.0% | $4M | — | $8M |
| 2020 | $142M | -$5M | 1.8% | -4.8% | -7.9% | -6.8% | $6M | — | $17M |
| 2019 | $187M | $5M | 6.9% | 3.4% | 7.0% | 5.9% | $9M | — | $12M |
| 2018 | $121M | $4M | 8.2% | 4.7% | 5.4% | 4.5% | $3M | — | $4M |
| 2017 | — | -$3M | — | — | -4.4% | -4.2% | -$1M | — | $1M |
| 2016 | — | $294000 | — | — | 0.5% | 0.4% | — | — | $3M |
| 2015 | — | $382330 | — | — | 0.6% | 0.6% | — | — | $2M |
| 2014 | — | $2M | — | — | 2.7% | 2.4% | — | — | $15M |
| 2013 | — | $6M | — | — | 9.7% | 8.0% | $11M | — | $16M |
| 2012 | — | $8M | — | — | 12.9% | 10.4% | $8M | — | $12M |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $240M | $13M | 8.8% | 8.8% | 7.8% | 3.4% | $5M | — | $5M |
| Mar '26 | — | $9M | — | — | 6.1% | 2.7% | — | — | $2M |
| Dec '25 | $168M | $3M | 2.3% | 2.3% | 2.1% | 1.0% | -$6M | — | $3M |
| Sep '25 | $152M | $2M | 1.9% | 1.9% | 1.6% | 0.7% | -$2M | — | $5M |
| Jun '25 | $135M | $5M | 5.2% | 5.2% | 3.7% | 2.3% | $14M | — | $2M |
| Mar '25 | $129M | $5M | 0.0% | 4.5% | 4.0% | 2.4% | -$13M | — | $4M |
| Dec '24 | $94M | -$1M | 0.0% | -1.3% | -0.9% | -0.5% | $2M | — | $1M |
| Sep '24 | $107M | -$675000 | -0.2% | -0.2% | -0.5% | -0.3% | $10M | — | $2M |
| Jun '24 | $115M | $3M | -1.2% | -1.2% | 2.0% | 1.2% | -$7M | — | $4M |
| Mar '24 | $132M | $5M | 0.0% | 5.2% | 3.9% | 2.2% | $3M | — | $3M |
| Dec '23 | $116M | $1M | 9.0% | 5.3% | 1.0% | 0.5% | $19M | — | $4M |
| Sep '23 | $131M | $4M | 4.5% | 0.8% | 2.8% | 1.6% | -$18M | — | $3M |
| Jun '23 | $137M | $8M | 11.9% | 7.5% | 6.2% | 3.6% | -$5M | — | $5M |
| Mar '23 | $124M | $6M | 11.0% | 5.8% | 5.5% | 3.2% | $12M | — | $3M |
| Dec '22 | $112M | $1M | 5.5% | 1.3% | 1.3% | 0.7% | -$12M | — | $4M |
| Sep '22 | $150M | $2M | 3.1% | 0.0% | 2.3% | 1.2% | $72M | — | $7M |
| Jun '22 | $162M | $11M | 11.5% | 7.6% | 10.9% | 4.3% | -$24M | — | $2M |
| Mar '22 | $75M | -$7M | -3.2% | -5.7% | -9.4% | -4.7% | $9M | — | $3M |
| Dec '21 | $52M | -$3M | -7.0% | -10.8% | -3.3% | -2.0% | -$3M | — | $3M |
| Sep '21 | $93M | $13M | 32.1% | 26.3% | 16.4% | 9.6% | -$27M | — | $3M |
Valuation over time
How the market has priced FRD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 3.9× (Mar '23) to 16.7× (Sep '26).
- The price-to-sales ratio has risen from 0.2× (Mar '23) to 0.3× (Feb '26).
- The dividend yield has risen from 0.7% (Mar '23) to 0.8% (Feb '26).
P/E
P/S
Dividend yield %
Frequently asked questions
Is FRD growing its revenue and profit?
Over the past 5 years, FRIEDMAN INDUSTRIES INC's revenue has grown 25.6% per year, and net income grown 11.3% per year. These are computed facts, not advice.
How much debt does FRD have?
As of FY2026, FRIEDMAN INDUSTRIES INC reported — of total debt against $2M of cash.
What is FRD's profit margin?
In FY2026, gross margin was —, operating margin —, and net margin —.
What is FRD's P/E ratio?
As of Sep '26, FRIEDMAN INDUSTRIES INC traded at a price-to-earnings ratio of about 16.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.