15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $445M | $6M | 0.6% | 0.7% | -$8M | — | $4M |
| 2024 | $516M | $17M | 4.7% | 4.7% | -$813000 | — | $3M |
| 2023 | $548M | $21M | 7.9% | 3.8% | $47M | — | $3M |
| 2022 | $285M | $14M | 14.4% | 10.0% | -$21M | — | $3M |
| 2021 | $126M | $11M | 18.7% | 12.5% | $4M | — | $8M |
| 2020 | $142M | -$5M | 1.8% | -4.8% | $6M | — | $17M |
| 2019 | $187M | $5M | 6.9% | 3.4% | $9M | — | $12M |
| 2018 | $121M | $4M | 8.2% | 4.7% | $3M | — | $4M |
| 2017 | — | -$3M | — | — | -$1M | — | $1M |
| 2016 | — | $294000 | — | — | — | — | $3M |
| 2015 | — | $382330 | — | — | — | — | $2M |
| 2014 | — | $2M | — | — | — | — | $15M |
| 2013 | — | $6M | — | — | $11M | — | $16M |
| 2012 | — | $8M | — | — | $8M | — | $12M |
| 2011 | — | $8M | — | — | -$8M | — | $7M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Dec '25 | $168M | $3M | 2.3% | 2.3% | -$6M | — | $3M |
| Sep '25 | $152M | $2M | 1.9% | 1.9% | -$2M | — | $5M |
| Jun '25 | $135M | $5M | 5.2% | 5.2% | $14M | — | $2M |
| Mar '25 | $129M | $5M | 0.0% | 4.5% | -$13M | — | $4M |
| Dec '24 | $94M | -$1M | 0.0% | -1.3% | $2M | — | $1M |
| Sep '24 | $107M | -$675000 | -0.2% | -0.2% | $10M | — | $2M |
| Jun '24 | $115M | $3M | -1.2% | -1.2% | -$7M | — | $4M |
| Mar '24 | $132M | $5M | 0.0% | 5.2% | $3M | — | $3M |
| Dec '23 | $116M | $1M | 9.0% | 5.3% | $19M | — | $4M |
| Sep '23 | $131M | $4M | 4.5% | 0.8% | -$18M | — | $3M |
| Jun '23 | $137M | $8M | 11.9% | 7.5% | -$5M | — | $5M |
| Mar '23 | $124M | $6M | 11.0% | 5.8% | $12M | — | $3M |
| Dec '22 | $112M | $1M | 5.5% | 1.3% | -$12M | — | $4M |
| Sep '22 | $150M | $2M | 3.1% | 0.0% | $72M | — | $7M |
| Jun '22 | $162M | $11M | 11.5% | 7.6% | -$24M | — | $2M |
| Mar '22 | $75M | -$7M | -3.2% | -5.7% | $9M | — | $3M |
| Dec '21 | $52M | -$3M | -7.0% | -10.8% | -$3M | — | $3M |
| Sep '21 | $93M | $13M | 32.1% | 26.3% | -$27M | — | $3M |
| Jun '21 | $66M | $11M | 26.3% | 21.2% | -$638408 | — | $890858 |
| Mar '21 | $49M | $10M | 36.0% | 29.3% | $3M | — | $8M |
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.
Over the past 5 years, FRIEDMAN INDUSTRIES INC's revenue has grown 25.6% per year. These are computed facts, not advice.
As of FY2025, FRIEDMAN INDUSTRIES INC reported — of total debt against $4M of cash; operating income covered interest expense 1.0×.
In FY2025, gross margin was 0.6%, operating margin 0.7%, and net margin 1.4%.
As of Jun '26, FRIEDMAN INDUSTRIES INC traded at a price-to-earnings ratio of about 39.4× (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.
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.