profit from every $100 of sales.
$0$100
Friedman Industries
$37.68-1.26% today
+68.4% in 1 year
1-year low $17.011-year high $48.08
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $44.62 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Friedman Industries sold, what it kept, and what it did with the cash.
Sales went from $285 million in 2022 to $445 million in 2025, with $6.09 million of profit last year.
SalesProfit
Friedman Industries vs. similar companies
Friedman Industries grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Friedman Industries | 44.6× · Expensive | ||
 Nucor | 32.5× · Expensive | ||
 ArcelorMittal | 15.0× · Cheap | ||
 JSW Steel | 14.8× · Cheap | ||
 Steel Dynamics | 27.5× · Fair price |
AI analysis
An AI analyst reads Friedman Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 285 | 548 | 516 | 445 | |
| 41 | 70 | 72 | 45 | |
| 29 | 21 | 25 | 3 | |
| 20 | 33 | 29 | 14 | |
| 14 | 21 | 17 | 6 | |
| 2.04 | 2.91 | 2.39 | 0.87 | |
| 14.4% | 12.8% | 14.0% | 10.2% | |
| 10.0% | 3.8% | 4.7% | 0.6% | |
| 4.9% | 3.9% | 3.4% | 1.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 159 | 199 | 230 | 227 |
| Cash | 3 | 3 | 3 | 4 |
| Total debt | 19 | 34 | 43 | 50 |
| Total liabilities | 80 | 84 | 103 | 94 |
| 80 | 115 | 127 | 132 | |
| 7 | 7 | 7 | 7 | |
| 14.9% | 16.0% | 12.2% | 4.6% | |
| 17.7% | 18.5% | 13.6% | 4.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -13 | 64 | 5 | -4 | |
| 8 | 16 | 6 | 5 | |
| -21 | 47 | -1 | -9 | |
| Dividends paid | 1 | 1 | 1 | 1 |
| 1 | 0 | 5 | 0 | |
| 0 | 0 | 0 | 0 |
Valuation
- 44.6×
- –
- –
- 1.6×
- 0.6×
- –
- 22.8×
- -3.5%
- 2.2%
- 0.5%
Profitability
- 10.2%
- 0.6%
- 1.4%
- 4.0%
- -24.9%
- 10.9%
- 13.7%
- 0.0%
- -33.7%
- –
Growth
- +15.9%
- −24.7%
- +114.7%
- +14.9%
- +1.3%
Financial health
- 0.2×
- 0.03
- 0.0%
- 19.5×
- –
- –
- 0.00
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 2%of 990
Bottom 12%of 950
Bottom 19%of 765
Top 21%of 929
Bottom 17%of 987
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 9, 2026 | 0.43 | – | – |
| Nov 10, 2025 | 0.32 | – | – |
| Aug 7, 2025 | 0.71 | – | – |
| Jun 12, 2025 | 0.76 | – | – |
| Feb 7, 2025 | -0.17 | – | – |
| Nov 12, 2024 | -0.10 | – | – |
| Aug 8, 2024 | 0.37 | – | – |
| Jun 11, 2024 | 0.71 | – | – |
0.5%of the share price, paid each year
On $1,000 invested$5a year at today's yield, before tax
+14.9%2020 to 2025
Raised2 yearsin a row, in our data
Paid per share, each year
$0.05 in 2015 → $0.16 in 2025
How safe it looks
18.3% of its profit
Room to growStretchedMore than it earns: 82.1%
News
Utz CEO Howard Friedman to depart following take-private; John Lindeman offered post-closing CEO RoleSeeking Alpha · Nov 2, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
33No pass
Benjamin Graham
45No pass
Philip Fisher
23No pass
Peter Lynch
34No pass
Joel Greenblatt
3No pass
Charlie Munger
20No pass
Terry Smith
14No pass
Questions about Friedman Industries
Is Friedman Industries a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Friedman Industries AI analysis
What does Friedman Industries do?
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. It is in Steel.
Does Friedman Industries pay a dividend?
Yes. At today's price the dividend is 0.5% a year, about 18% of its yearly profit. In 2025 it paid out $1.12 million in dividends.
Is Friedman Industries stock halal?
Yes. Friedman Industries passes our halal screen: its business is permitted and its debt is 19% of its market value, under the 30% limit. How we check
How has Friedman Industries stock done over the past year?
Up 68.4% over the past twelve months, to $37.68. It traded between $17.01 and $48.08 and is 21.6% below its high.
Who are Friedman Industries's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with Friedman Industries's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.