In fiscal 2025, which ended Mar 31, 2025, Friedman Industries Inc reported revenue of $444.6 million, down 13.9% from the year before. Net income was $6.1 million, a profit margin of 1.4%. Operating income came to $3.0 million, an operating margin of 0.7%. Diluted earnings per share were $0.87. Across the 8 fiscal years shown, revenue grew from $121.2 million in fiscal 2017 to $444.6 million in fiscal 2025, about 20.4% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2027
Sep 30, 2026
|
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
|
FY 2019
Mar 31, 2020
|
FY 2018
Mar 31, 2019
|
FY 2017
Mar 31, 2018
|
FY 2016
Mar 31, 2017
|
FY 2015
Mar 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
—
|
445
-13.9%
|
516
-5.7%
|
548
+92.0%
|
285
+126.2%
|
126
|
142
-24.1%
|
187
+54.5%
|
121
|
—
|
—
|
| Cost of revenue |
—
|
442
|
—
|
504
+106.5%
|
244
+138.3%
|
103
|
139
-19.9%
|
174
+56.7%
|
111
+42.7%
|
78
-24.5%
|
77
-29.5%
|
| Gross profit |
—
|
3
|
—
|
43
+5.1%
|
41
+73.8%
|
24
|
3
-79.8%
|
13
+29.7%
|
10
|
—
|
—
|
| Selling, general and administrative |
—
|
16
-23.1%
|
21
-3.9%
|
22
+75.6%
|
12
+59.1%
|
8
|
5
+7.2%
|
5
+14.4%
|
4
+4.1%
|
4
-9.8%
|
5
+1.8%
|
| Operating income |
—
|
3
-87.6%
|
25
+16.3%
|
21
-26.1%
|
29
+81.4%
|
16
|
-7
-207.4%
|
6
+11.2%
|
6
+236.3%
|
-4
-773.8%
|
0
-99.1%
|
| Pretax income |
—
|
8
-67.0%
|
23
-17.3%
|
28
+53.8%
|
18
+20.4%
|
15
|
-7
-200.2%
|
7
+18.4%
|
6
+238.9%
|
-4
-705.2%
|
0
-84.3%
|
| Income tax |
—
|
2
-73.1%
|
6
-12.8%
|
7
+60.5%
|
4
+12.3%
|
4
|
-2
-192.2%
|
2
-5.8%
|
2
+224.3%
|
-1
-585.1%
|
0
-87.3%
|
| Net income |
—
|
6
-64.9%
|
17
-18.7%
|
21
+51.7%
|
14
+23.1%
|
11
|
-5
-202.9%
|
5
+29.6%
|
4
+246.9%
|
-3
-800.6%
|
0
-82.8%
|
| Net income to common |
—
|
6
-64.7%
|
17
-18.3%
|
21
+55.4%
|
14
|
—
|
—
|
—
|
—
|
—
|
—
|
| Basic EPS |
—
|
0.87
-63.6%
|
2.39
-17.9%
|
2.91
+42.6%
|
2.04
+25.2%
|
1.63
|
-0.75
-202.7%
|
0.73
+30.4%
|
0.56
+243.6%
|
-0.39
-750.0%
|
0.04
-84.0%
|
| Diluted EPS |
—
|
0.87
-63.6%
|
2.39
-17.9%
|
2.91
+42.6%
|
2.04
+25.2%
|
1.63
|
-0.75
-202.7%
|
0.73
+30.4%
|
0.56
+243.6%
|
-0.39
-750.0%
|
0.04
-84.0%
|
| Weighted average shares, basic |
—
|
—
|
—
|
—
|
7
-1.2%
|
7
|
7
-0.1%
|
7
+0.0%
|
7
+2.3%
|
7
+0.8%
|
7
+0.0%
|
| Weighted average shares, diluted |
—
|
7
-3.3%
|
7
-0.4%
|
7
+8.9%
|
7
-1.2%
|
7
|
7
-0.1%
|
7
+0.0%
|
7
+2.3%
|
7
+0.8%
|
7
+0.0%
|
| Other measures | |||||||||||
| Depreciation and amortization |
—
|
3
+7.2%
|
3
+21.5%
|
3
+91.4%
|
1
+30.3%
|
1
|
2
+13.8%
|
1
-1.2%
|
1
-14.9%
|
2
-4.7%
|
2
-8.2%
|
| EBITDA |
—
|
6
-77.0%
|
28
+16.9%
|
24
-20.9%
|
30
+78.3%
|
17
|
-5
-169.0%
|
8
+8.8%
|
7
+371.3%
|
-3
-213.8%
|
2
-60.5%
|
| Margins | |||||||||||
| Gross margin |
—
|
0.63%
|
—
|
7.87%
|
14.37%
|
18.70%
|
1.84%
|
6.90%
|
8.21%
|
—
|
—
|
| Operating margin |
—
|
0.68%
|
4.75%
|
3.85%
|
10.00%
|
12.47%
|
-4.83%
|
3.41%
|
4.74%
|
—
|
—
|
| Pretax margin |
—
|
1.73%
|
4.52%
|
5.15%
|
6.43%
|
12.07%
|
-4.81%
|
3.65%
|
4.76%
|
—
|
—
|
| Profit margin |
—
|
1.37%
|
3.36%
|
3.90%
|
4.93%
|
9.06%
|
-3.69%
|
2.72%
|
3.25%
|
—
|
—
|
| EBITDA margin |
—
|
1.42%
|
5.34%
|
4.31%
|
10.46%
|
13.27%
|
-3.75%
|
4.13%
|
5.86%
|
—
|
—
|
| Effective tax rate |
—
|
20.90%
|
25.60%
|
24.28%
|
23.27%
|
24.95%
|
—
|
25.26%
|
31.75%
|
—
|
26.26%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
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
Source: SEC EDGAR filings. This is company-reported data, not investment advice.