FRIEDMAN INDUSTRIES INC (FRD)
Materials · Metals service centers and steel processing · NASDAQ
A regional metals processor and distributor specializing in flat-roll sheet/plate and structural tubing for industrial manufacturers and distributors across the U.S. Midwest and South.
What FRIEDMAN INDUSTRIES INC does
Friedman Industries is a metals manufacturer and processor operating two main segments: flat-roll products and tubular products. The flat-roll segment operates processing facilities across six states that cut, slit, and level sheet, plate, and coil materials to customer specifications. The tubular segment manufactures electric resistance welded pipe, including API-licensed line pipe and structural pipe. The company serves primarily metals distributors and fabricated metal product manufacturers across the Midwest, Southwest, and Southeast United States.
Themes: ["Metals processing and service centers"]
Fundamentals
- Price$34.08 as of 2026-07-09 close
- Market cap$246M as of 2026-07-10
- 1-year return+101.7% as of 2026-07-09 close
- P/E12.60 as of 2026-07-10
- Net margin+3.0% as of 2026-07-10
- Gross margin+19.8% as of 2026-07-10
- ROE+13.7% as of 2026-07-10
- Debt / equity0.63 as of 2026-07-10
- Revenue growth (YoY)+45.5% as of 2026-07-10
- Beta1.58 as of 2026-07-10
Dividend: yield +0.5%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on limited number of inventory suppliers; loss of major suppliers could materially harm operations"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.