Friedman Industries Inc (FRD) FinancialsFRDFriedman Industries Inc

Friedman Industries Inc (FRD) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Company Owned Flat, accounting for 91.9% of total sales, equivalent to $220.59M. Other significant revenue streams include Manufactured Pipe and Customer Owned Coil. Understanding this composition is critical for investors evaluating how FRD navigates market cycles within the Iron & Steel industry.

Evaluating the bottom line, Friedman Industries Inc maintains a gross margin of 22.79%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 8.77%, while the net margin is 5.33%. These profitability ratios, combined with a Return on Equity (ROE) of 17.75%, provide a clear picture of how effectively FRD converts its operational activities into shareholder value.

In the context of the broader market, FRD competes directly with industry leaders such as AP and LUD. With a market capitalization of $323.42M, it holds a leading position in the sector. When comparing efficiency, FRD's gross margin of 22.79% stands against AP's 17.51% and LUD's 17.65%. Such benchmarking helps identify whether Friedman Industries Inc is trading at a premium or discount relative to its financial performance.

Friedman Industries reported a GAAP EPS of $1.30 for Q4 2026, with total revenue of $191.8 million, reflecting a robust 48.4% year-over-year growth. The gross margin has improved to 21.54%, indicating better profitability.