CA
NZ
UK
AU
IND
US
…
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. It serves customers manufacturing steel products, and steel and pipe distributors. The company was incorporated in 1965 and is headquartered in Longview, Texas.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Friedman Industries Inc. is a U.S. steel producer and processor supplying flat-rolled steel to industrial and distribution customers. Long-term growth drivers include baseline steel demand from construction and manufacturing, operational improvements, and periodic market recoveries that may support volumes and pricing. Investors may find exposure to a focused niche and potential upside from efficiency gains and end-market improvement of interest.
Key risks are steel-market cyclicality, raw-material price volatility, intense competition that could pressure margins, and regulatory or operational disruptions.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
| Income before tax | 7.69M | 23.31M | 28.19M | 18.33M | 15.22M |
| Net income | 6.08M | 17.34M | 21.34M | 14.07M | 11.42M |
| Selling general administrative | 21.04M | 21.04M | 22.01M | 12.47M | 7.84M |
| Selling and marketing expenses | 23.79M | 23.79M | - | - | - |
| Gross profit | 45.48M | 72.42M | 43.09M | 40.99M | 23.59M |
| Reconciled depreciation | 3.29M | 3.07M | 2.53M | 1.32M | 1.01M |
| Ebit | 10.65M | 26.39M | 21.07M | 17.27M | 125.09M |
| Ebitda | 13.94M | 29.46M | 21.10M | 18.59M | 126.10M |
| Depreciation and amortization | 3.29M | 3.07M | 0.03M | 1.32M | 1.01M |
| Non operating income net other | - | - | 9.33M | - | -0.50M |
| Operating income | 3.04M | 24.52M | 21.07M | 17.27M | 125.09M |
| Other operating expenses | 441.56M | 491.73M | 526.47M | 256.71M | 110.35M |
| Interest expense | 2.95M | 3.07M | 2.22M | 0.26M | 0.53M |
| Tax provision | 1.61M | 5.97M | 6.84M | 4.26M | 3.80M |
| Interest income | - | - | 7.09M | 11.64M | 0.50M |
| Net interest income | -2.95M | -3.07M | -2.22M | -0.26M | -0.53M |
| Income tax expense | 1.61M | 5.97M | 6.84M | 4.26M | 3.80M |
| Total revenue | 444.60M | 516.25M | 547.54M | 285.23M | 126.10M |
| Total operating expenses | 42.43M | 47.90M | 22.01M | 12.47M | 7.84M |
| Cost of revenue | 399.12M | 443.83M | 504.46M | 244.25M | 102.52M |
| Total other income expense net | 4.65M | -1.20M | 7.12M | 1.07M | -109.87M |
| Net income from continuing ops | 6.08M | 17.34M | 21.34M | 14.07M | 11.42M |
| Net income applicable to common shares | - | - | 21.34M | 14.07M | 11.42M |
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
| Total assets | 226.82M | 230.02M | 199.31M | 159.28M | 95.01M |
| Other current assets | 1.62M | 4.04M | 4.51M | 14.91M | 12.95M |
| Total liab | 94.40M | 102.54M | 83.88M | 79.59M | 29.67M |
| Total stockholder equity | 132.43M | 127.47M | 115.43M | 79.69M | 65.34M |
| Other current liab | 2.37M | 10.30M | 2.21M | 15.90M | 7.98M |
| Common stock | 8.88M | 8.87M | 8.87M | 8.34M | 8.33M |
| Capital stock | 8.88M | 8.87M | 8.87M | 8.34M | 8.33M |
| Retained earnings | 101.25M | 96.28M | 79.65M | 58.91M | 45.39M |
| Other liab | - | - | - | 0.34M | 0.16M |
| Other assets | - | - | 0.45M | 3.81M | 2.01M |
| Cash | 3.69M | 2.89M | 2.99M | 2.60M | 8.19M |
| Total current liabilities | 38.32M | 54.11M | 45.09M | 60.81M | 29.07M |
| Current deferred revenue | - | 2.49M | 5.92M | - | 4.29M |
| Net debt | 46.79M | 40.24M | 30.23M | 15.94M | -6.40M |
| Short term debt | 0.05M | 0.05M | 0.11M | 0.10M | 1.62M |
| Short long term debt total | 50.48M | 43.13M | 33.22M | 18.54M | 1.79M |
| Other stockholder equity | 22.29M | 22.32M | 27.23M | 22.70M | 22.80M |
| Property plant equipment | - | - | 53.93M | 30.11M | 15.46M |
| Total current assets | 166.47M | 170.06M | 143.66M | 125.36M | 77.53M |
| Net tangible assets | - | - | 115.43M | 79.69M | 65.34M |
| Net receivables | 47.48M | 47.33M | 49.37M | 35.67M | 20.38M |
| Long term debt | 47.73M | 40.29M | 33.12M | 18.44M | 0.17M |
| Inventory | 113.69M | 115.80M | 86.25M | 67.95M | 36.02M |
| Accounts payable | 35.30M | 41.54M | 36.85M | 44.80M | 15.19M |
| Accumulated other comprehensive income | 0.00M | 0.00M | -0.32M | -10.27M | -11.19M |
| Common stock total equity | - | - | 8.87M | - | 8.33M |
| Retained earnings total equity | - | - | 79.65M | - | 45.39M |
| Treasury stock | - | - | - | - | -7.20M |
| Non currrent assets other | 1.26M | 0.36M | 0.45M | 1.67M | 0.15M |
| Non current assets total | 60.35M | 59.95M | 55.66M | 33.91M | 17.47M |
| Capital lease obligations | 2.75M | 2.84M | 0.11M | 0.10M | 0.10M |
| Long term debt total | - | - | 33.17M | 0.16M | 0.17M |
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
| Investments | -3.43M | -5.80M | -88.19M | -7.92M | -4.59M |
| Change to liabilities | - | - | -14.54M | 22.03M | 9.08M |
| Total cashflows from investing activities | -3.43M | -5.80M | -88.19M | -7.92M | -4.59M |
| Net borrowings | 7.38M | 7.07M | 14.29M | 18.33M | 1.69M |
| Total cash from financing activities | 6.09M | 1.34M | 13.56M | 17.24M | -0.70M |
| Change to operating activities | - | - | - | -1.48M | 2.69M |
| Net income | 6.08M | 17.34M | 21.34M | 14.07M | 11.42M |
| Change in cash | -1.75M | 0.51M | -10.74M | -4.07M | 3.13M |
| Begin period cash flow | 5.90M | 5.39M | 16.12M | 20.19M | 17.06M |
| End period cash flow | 4.15M | 5.90M | 5.39M | 16.12M | 20.19M |
| Total cash from operating activities | -4.41M | 4.98M | 63.89M | -13.40M | 8.43M |
| Depreciation | 3.29M | 3.07M | 2.53M | 1.32M | 1.01M |
| Other cashflows from investing activities | 1.57M | -0.01M | -71.73M | -0.01M | 0.02M |
| Dividends paid | 1.11M | 0.58M | -0.59M | -0.55M | -0.56M |
| Change to inventory | 2.12M | -29.56M | 59.25M | -31.93M | -0.62M |
| Change to account receivables | -0.15M | 2.04M | -13.70M | -15.29M | -8.67M |
| Sale purchase of stock | -0.17M | -5.15M | -0.04M | -0.54M | -1.73M |
| Other cashflows from financing activities | - | -5.80M | -0.39M | 18.44M | 1.69M |
| Change to netincome | - | - | 8.87M | 0.75M | -4.69M |
| Capital expenditures | 5.00M | 5.79M | 16.45M | 8.06M | 4.61M |
| Change receivables | - | - | -13.70M | - | -8.67M |
| Cash flows other operating | - | - | 0.14M | - | 0.90M |
| Cash and cash equivalents changes | - | - | -10.74M | - | 3.13M |
| Change in working capital | -11.98M | -16.88M | 31.16M | -29.54M | 0.68M |
| Stock based compensation | 0.15M | 0.25M | 0.30M | 0.45M | 0.53M |
| Other non cash items | -2.18M | 0.40M | 5.24M | 0.86M | -6.56M |
| Free cash flow | -9.41M | -0.81M | 47.44M | -21.46M | 3.82M |
Sector: Basic Materials Industry: Steel
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| FRD Friedman Industries Inc. Common Stock |
-0.58 1.40% |
40.96 | 8.50 | 14.43 | 0.23 | 0.94 | 0.39 | 8.22 |
| MT ArcelorMittal SA ADR |
-0.77 1.25% |
60.44 | 30.54 | 11.44 | 0.88 | 1.00 | 1.02 | 10.02 |
| NUE Nucor Corp |
-4.50 1.62% |
273.14 | 9.01 | 14.84 | 1.21 | 2.11 | 1.21 | 5.42 |
| AMSYF ArcelorMittal SA |
- -% |
64.00 | 11.82 | 12.18 | 0.64 | 0.68 | 0.90 | 7.76 |
| NPSCY Nippon Steel Corp ADR |
-0.02 0.47% |
4.21 | 222.00 | 7.94 | 0.00 | 0.63 | 0.85 | 10.07 |
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. It serves customers manufacturing steel products, and steel and pipe distributors. The company was incorporated in 1965 and is headquartered in Longview, Texas.
1121 Judson Road, Longview, TX, United States, 75601
903 758 3431
271
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael J. Taylor | Chairman, Pres & CEO | 1959 |
| Mr. Alex LaRue | CFO, Sec. & Treasurer | 1986 |
| Mr. Michael J. Taylor | Chairman of the Board, President & CEO | 1959 |
| Mr. Alex LaRue CPA | CFO, Secretary & Treasurer | 1986 |
| Mr. Gaurav Chhibbar | Chief Operating Officer | NA |
| Mr. Jonathan Holcomb | Vice President of Sales and Purchasing | NA |
| Ms. Kimberly Thomas | Director of Human Resources | NA |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.
Download a free report with stock ideas and industry insights for general information.
Download Free Report Now →
Basic Materials
-0.39%
Communication Services
+0.40%
Consumer Cyclical
-0.20%
Consumer Defensive
-0.56%
Energy
-0.45%
Financial Services
-0.09%
Financials
+0.11%
Healthcare
+0.40%
Industrials
+0.34%
Real Estate
-0.14%
Technology
+0.88%
Utilities
+0.11%
Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.
Portfolio
Watchlist
Please wait processing your request...