Friedman Industries Inc (FRD) stock
FRDNasdaqSteel Works, Blast Furnaces & Rolling & Finishing MillsFiscal year ends March 31
Financials through Q2 FY2027, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 22/3054% below fair value
$38.16−0.15 (-0.39%)
Close on Nov 12, 2026Market cap $275.24MP/E 6.7Yield 0.42%
Friedman Industries gross margin
Gross margin is gross profit as a percentage of revenue.
Friedman Industries's gross margin for the twelve months ending Sep 30, 2026 was 8.3%. For fiscal 2026 it was 4.0%, against 0.6% the year before. The highest annual figure on record is 18.7% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 4.0% | +3.3 |
| FY2025 | Mar 31, 2025 | 0.6% | −4.1 |
| FY2024 | Mar 31, 2024 | 4.7% | −3.1 |
| FY2023 | Mar 31, 2023 | 7.9% | −6.5 |
| FY2022 | Mar 31, 2022 | 14.4% | −4.3 |
| FY2021 | Mar 31, 2021 | 18.7% | +16.9 |
| FY2020 | Mar 31, 2020 | 1.8% | −5.1 |
| FY2019 | Mar 31, 2019 | 6.9% | −1.3 |
| FY2018 | Mar 31, 2018 | 8.2% | +8.5 |
| FY2017 | Mar 31, 2017 | -0.2% | −6.0 |
| FY2016 | Mar 31, 2016 | 5.7% | +1.1 |
| FY2015 | Mar 31, 2015 | 4.7% | −1.4 |
| FY2014 | Mar 31, 2014 | 6.1% | −4.5 |
| FY2013 | Mar 31, 2013 | 10.6% | −0.3 |
| FY2012 | Mar 31, 2012 | 10.9% | −2.2 |
| FY2011 | Mar 31, 2011 | 13.1% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ3 2026 | Sep 30, 2026 | 12.8% | +10.9 |
| Q1 FY2027CQ2 2026 | Jun 30, 2026 | 8.8% | +3.5 |
| Q4 FY2026CQ1 2026 | Mar 31, 2026 | 6.2% | +242.4 |
| Q3 FY2026CQ4 2025 | Dec 31, 2025 | 2.3% | −95.3 |
| Q2 FY2026CQ3 2025 | Sep 30, 2025 | 1.9% | +2.1 |
| Q1 FY2026CQ2 2025 | Jun 30, 2025 | 5.2% | +6.4 |
| Q4 FY2025CQ1 2025 | Mar 31, 2025 | -236.2% | −230.1 |
| Q3 FY2025CQ4 2024 | Dec 31, 2024 | 97.6% | +88.6 |
| Q2 FY2025CQ3 2024 | Sep 30, 2024 | -0.2% | −4.7 |
| Q1 FY2025CQ2 2024 | Jun 30, 2024 | -1.2% | −13.1 |
| Q4 FY2024CQ1 2024 | Mar 31, 2024 | -6.1% | −17.1 |
| Q3 FY2024CQ4 2023 | Dec 31, 2023 | 9.0% | +3.5 |
| Q2 FY2024CQ3 2023 | Sep 30, 2023 | 4.5% | +1.3 |
| Q1 FY2024CQ2 2023 | Jun 30, 2023 | 11.9% | +0.4 |
| Q4 FY2023CQ1 2023 | Mar 31, 2023 | 11.0% | +14.2 |
| Q3 FY2023CQ4 2022 | Dec 31, 2022 | 5.5% | +12.5 |
| Q2 FY2023CQ3 2022 | Sep 30, 2022 | 3.1% | −29.0 |
| Q1 FY2023CQ2 2022 | Jun 30, 2022 | 11.5% | −14.8 |
| Q4 FY2022CQ1 2022 | Mar 31, 2022 | -3.2% | −39.3 |
| Q3 FY2022CQ4 2021 | Dec 31, 2021 | -7.0% | −22.8 |
| Q2 FY2022CQ3 2021 | Sep 30, 2021 | 32.1% | +27.7 |
| Q1 FY2022CQ2 2021 | Jun 30, 2021 | 26.3% | +25.2 |
| Q4 FY2021CQ1 2021 | Mar 31, 2021 | 36.0% | +30.4 |
| Q3 FY2021CQ4 2020 | Dec 31, 2020 | 15.8% | +15.6 |
| Q2 FY2021CQ3 2020 | Sep 30, 2020 | 4.4% | +6.3 |
| Q1 FY2021CQ2 2020 | Jun 30, 2020 | 1.1% | −2.5 |
| Q4 FY2020CQ1 2020 | Mar 31, 2020 | 5.7% | +3.7 |
| Q3 FY2020CQ4 2019 | Dec 31, 2019 | 0.2% | −4.3 |
| Q2 FY2020CQ3 2019 | Sep 30, 2019 | -2.0% | −9.3 |
| Q1 FY2020CQ2 2019 | Jun 30, 2019 | 3.6% | −9.3 |
| Q4 FY2019CQ1 2019 | Mar 31, 2019 | 2.0% | −9.8 |
| Q3 FY2019CQ4 2018 | Dec 31, 2018 | 4.5% | −1.7 |
| Q2 FY2019CQ3 2018 | Sep 30, 2018 | 7.4% | +1.6 |
| Q1 FY2019CQ2 2018 | Jun 30, 2018 | 12.8% | +6.2 |
| Q4 FY2018CQ1 2018 | Mar 31, 2018 | 11.8% | +9.2 |
| Q3 FY2018CQ4 2017 | Dec 31, 2017 | 6.2% | +2.6 |
| Q2 FY2018CQ3 2017 | Sep 30, 2017 | 5.8% | – |
| Q1 FY2018CQ2 2017 | Jun 30, 2017 | 6.7% | – |
| Q4 FY2017CQ1 2017 | Mar 31, 2017 | 2.5% | – |
| Q3 FY2017CQ4 2016 | Dec 31, 2016 | 3.6% | – |
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