FY2025 · ended Mar 31, 2025 · Revenue $444.60M, -13.9% YoY · Filed Jun 12, 2025
Friedman Industries Inc (FRD) files with the SEC under industry code 3310, Steel Works, Blast Furnaces & Rolling & Finishing Mills. In fiscal 2025, which ended Mar 31, 2025, it reported revenue of $444.6 million and net income of $6.1 million. Free cash flow was -$8.4 million. As of Sep 30, 2026 it held $5.6 million in cash and investments and $6.0 million in total debt.
Revenue
$444.60M
-13.9% vs prior year
Net income
$6.08M
-64.9% vs prior year
Operating cash flow
$-4.41M
-188.6% vs prior year
Free cash flow
$-8.41M
-934.7% vs prior year
EPS
$0.87
-63.6% vs prior year
Dividend per share
$0.16
+60.0% vs prior year
Shares outstanding
7.06M
+1.3% vs prior year
Net cash
$-392,000
as of Sep 30, 2026
Operating margin
0.7%
FY 2025
Company profile
- Industry
- Steel Works, Blast Furnaces & Rolling & Finishing Mills (SIC 3310)
- Listed as
- FRD (Nasdaq)
- Fiscal year ends
- March 31
- Incorporated in
- TX
- Headquarters
- Longview, TX
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 39092
Other Steel Works, Blast Furnaces & Rolling & Finishing Mills companies
- Gerdau S.A. GGB
- Worthington Enterprises, Inc. WOR
- Worthington Steel, Inc. WS
- Gibraltar Industries, Inc. ROCK
- National Steel Co SID
- Insteel Industries Inc IIIN
All 7 Steel Works, Blast Furnaces & Rolling & Finishing Mills companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Mar 31, 2025 |
FY 2024 Mar 31, 2024 |
FY 2023 Mar 31, 2023 |
FY 2022 Mar 31, 2022 |
FY 2021 Mar 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $444.6M | $516.3M | $547.5M | $285.2M | $126.1M |
| Operating income | $3.0M | $24.5M | $21.1M | $28.5M | $15.7M |
| Net income | $6.1M | $17.3M | $21.3M | $14.1M | $11.4M |
| Diluted EPS | $0.87 | $2.39 | $2.91 | $2.04 | $1.63 |
| Operating cash flow | -$4.4M | $5.0M | $63.9M | -$13.4M | $8.4M |
| Free cash flow | -$8.4M | -$813,000 | $47.4M | -$21.5M | $3.8M |
| Total assets | $226.8M | $230.0M | $199.3M | $159.3M | $95.0M |
| Total liabilities | $94.4M | $102.5M | $83.9M | $79.6M | $29.7M |
| Stockholders' equity | $132.4M | $127.5M | $115.4M | $79.7M | $65.3M |
| Cash and investments | $3.7M | $2.9M | $3.0M | $2.6M | $8.2M |
| Total debt | $2.9M | $2.9M | $161,000 | $265,558 | $368,246 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Shareholder vote results
|
Sep 28, 2026 | Sep 22, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Sep 10, 2026 | Sep 3, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jun 11, 2026 | Jun 11, 2026 |
| 10-K | Annual report | Jun 11, 2026 | Mar 31, 2026 |
All 596 Friedman Industries Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.