Want to see FRD full AI Analyst Report?
Friedman Industries (FRD) AI Stock Analysis
Top Page
Friedman Industries
(NASDAQ:FRD)
FRD scores moderately due to strong balance sheet positioning and improved profitability, partially offset by weak cash flow conversion (negative TTM free cash flow). Near-term technical indicators are also a drag, while valuation (low P/E) and supportive corporate actions (expanded credit facility) provide secondary support.
Friedman Industries (FRD) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $304.09M
- Dividend Yield
- 0.38%
- Average Volume (3M)
- 62.77K
- Price to Earnings (P/E)
- 11.0
- Beta (1Y)
- 1.13
- Revenue Growth
- 61.80%
- EPS Growth
- 214.07%
- Country
- US
- Employees
- 381
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Steel
Friedman Industries Business Overview & Revenue Model
Company Description
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. The Coil segment spec...
How the Company Makes Money
Friedman Industries primarily makes money by purchasing steel (such as hot-rolled coil and steel plate) and selling it at a markup after performing processing and distribution services. Key revenue streams include: (1) Steel processing and distributi...
Friedman Industries Financial Statement Overview
Summary
Earnings and balance sheet strength are the core positives (improving profitability and very low leverage), but the latest cash flow profile is a major offset: TTM operating cash flow is near breakeven and free cash flow is meaningfully negative, indicating weak cash conversion despite positive net income.
Income Statement
72PositiveBalance Sheet
85Very PositiveCash Flow
34Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 752.11M | 646.91M | 444.60M | 516.25M | 547.54M | 285.24M |
| Gross Profit | 100.42M | 86.50M | 45.48M | 72.42M | 69.98M | 40.99M |
| EBITDA | 45.42M | 34.30M | 13.94M | 29.46M | 32.93M | 19.91M |
| Net Income | 26.97M | 19.53M | 6.08M | 17.34M | 21.34M | 14.07M |
Balance Sheet | ||||||
| Total Assets | 373.44M | 336.81M | 226.82M | 230.02M | 199.31M | 159.28M |
| Cash, Cash Equivalents and Short-Term Investments | 5.03M | 2.45M | 3.69M | 2.89M | 2.99M | 2.60M |
| Total Debt | 101.32M | 100.91M | 50.64M | 43.13M | 34.45M | 18.82M |
| Total Liabilities | 209.29M | 185.32M | 94.40M | 102.54M | 83.88M | 79.59M |
| Stockholders Equity | 164.15M | 151.49M | 132.43M | 127.47M | 115.43M | 79.69M |
Cash Flow | ||||||
| Free Cash Flow | -7.19M | 1.38M | -9.41M | -813.00K | 47.44M | -21.46M |
| Operating Cash Flow | 362.00K | 8.54M | -4.41M | 4.98M | 63.89M | -13.40M |
| Investing Cash Flow | -52.08M | -52.76M | -3.43M | -5.80M | -88.19M | -7.92M |
| Financing Cash Flow | 56.84M | 43.30M | 6.09M | 1.34M | 13.56M | 17.25M |
Friedman Industries Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FRD, the sentiment is Positive. The current price of 42.16 is above the 20-day moving average (MA) of 42.08, above the 50-day MA of 42.02, and above the 200-day MA of 29.38, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 51.73 is Neutral, neither overbought nor oversold. The STOCH value of 68.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FRD.
Friedman Industries Peers Comparison
Overall Rating
- FRD61Neutral
HLP58Neutral
MSB58Neutral
ACNT53Neutral
HUDI42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| FRD | 61Neutral | $304.09M | 10.98 | 18.07% | 0.38% | 61.80% | 214.07% |
| HLP | 58Neutral | $303.44M | 153.21 | 3.43% | ― | 38.96% | ― |
| MSB | 58Neutral | $232.36M | 35.73 | 33.51% | 5.03% | -87.62% | -93.01% |
| ACNT | 53Neutral | $123.88M | -29.25 | -5.25% | ― | -34.20% | -59.08% |
| HUDI | 42Neutral | $7.30M | -2.73 | -3.47% | ― | -12.79% | -406.58% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FRD | Friedman Industries, Incorporated | 42.16 | 19.93 | 89.63% | |
| ACNT | Ascent Industries Co. | 13.75 | 1.67 | 13.82% | |
| MSB | Mesabi Trust Shs | 17.71 | -16.10 | -47.62% | |
| HUDI | Huadi International Group Co., Ltd. | 0.51 | -0.76 | -59.84% | |
| HLP | Hongli Group, Inc. | 4.06 | 2.59 | 176.19% |
Friedman Industries Corporate Events
Friedman Industries Shareholders Approve Directors and Executive Pay
PositiveOn September 22, 2026, Friedman Industries shareholders elected all six board nominees to serve until the next annual meeting, signaling continuity in the company’s governance. Investors also approved, on an advisory basis, the compensation of...
Friedman Industries Expands Credit Facility to Support Growth
PositiveOn September 3, 2026, Friedman Industries and Century Metals & Supplies, LLC entered into a seventh amendment to their amended and restated credit agreement with a lender group and JPMorgan Chase Bank, N.A. as administrative agent. The amendment...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 28, 2026