Friedman Industries Inc (FRD) stock
Close on Nov 11, 2026Market cap $276.32MP/E 6.7Yield 0.42%
Friedman Industries Inc grew revenue 73.7% to $886.53M over the twelve months to Sep 30, 2026. Operating income rose 402.8% to $73.34M, moving the operating margin from 2.9% to 8.3%. Free cash flow was -$2.76M, down 729.2% from a year earlier. At the latest close the market valued the company at $276.32M, 6.7 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $276.32M
- P/E ratio
- 6.7
- Price to sales
- 0.31
- Price to book
- 1.53
- Dividend yield
- 0.42%
- Free cash flow yield
- -1.00%
Fundamentals
- Revenue
- $886.53M
- Net income
- $40.66M
- EPS, diluted
- $5.71
- Free cash flow
- -$2.76M
- Book value per share
- $25.79
- Diluted shares
- 7M
Trading
- Next earnings
- Feb 8, 2027 (estimated, during market hours)
- Previous close
- $39.32
- Open
- $39.46
- Day's range
- $38.31 – $39.88
- Volume
- 19,568
- Average volume (20 days)
- 51,309
- Index membership
- Russell 2000 (since Jun 2025)
- Beta (5 years)
- 1.28
- 52-week range
- $16.55 – $48.77
- RSI (14 days)
- 42.9
- Volatility (1 year)
- 57.8%
- Relative volume
- 0.29×
- WACC
- 11.3%
On 2 of our idea lists: Undervalued and financially sound, Top scores
Index membership is inferred from the holdings of funds that track each index (IWM), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2011, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | FRD | S&P 500 | Difference | FRD per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -8.7% | -2.4% | −6.2 pts | ||
| 3 months | -10.5% | -1.2% | −9.4 pts | ||
| Year to date | +88.1% | +12.3% | +75.8 pts | ||
| 1 year | +86.5% | +12.4% | +74.0 pts | ||
| 3 years | +244.0% | +78.8% | +165.2 pts | +51.0% | +21.4% |
| 5 years | +184.9% | +75.2% | +109.7 pts | +23.3% | +11.9% |
| 10 years | +697.8% | +311.1% | +386.7 pts | +23.1% | +15.2% |
Fifteen years at a glance
Fiscal years 2012 to 2026 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Friedman Industries filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Results
- Results
About Friedman Industries
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Friedman Industries, Incorporated processes and manufactures metals across two primary operating divisions: flat-roll products and tubular products. The flat-roll segment converts steel coils into sheet, plate, and slit coil through operations such as temper rolling, leveling, cut-to-length processing, and laser cutting, while also providing toll processing and storage services. The tubular segment manufactures electric resistance welded steel pipe for structural, line pipe, and oil country applications under industry certifications. The company distributes its flat-roll products primarily to metals distributors and manufacturers of equipment, trailers, railcars, and structural metal goods, while tubular products are sold to steel and pipe distributors.
Company profile, executives and historyFriedman Industries stock: common questions
What is Friedman Industries's stock price?
FRD closed at $38.31 on Nov 11, 2026, down 2.57% on the day. Over the past 52 weeks it traded between $16.55 and $48.77.
What is Friedman Industries's market cap?
Friedman Industries was worth $276.32M at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is FRD's P/E ratio?
FRD trades at 6.7 times earnings, based on diluted earnings per share of $5.71 over the twelve months to Sep 30, 2026.
How much revenue does Friedman Industries make?
Friedman Industries reported revenue of $886.53M for the twelve months to Sep 30, 2026, up 73.7% from a year earlier.
Does Friedman Industries pay a dividend?
Yes. Friedman Industries paid $0.16 per share over the last twelve months, a yield of 0.42% at the latest price.
When does Friedman Industries report earnings next?
Friedman Industries is expected to report Q3 FY2027 results on Feb 8, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has FRD stock performed over the past year?
Including dividends, FRD returned +86.5% over the past year, against +12.4% for the S&P 500.
How many FRD shares are sold short?
0M shares were sold short at the latest FINRA report, 2.58% of the float, or 4.2 days of average trading volume.
Who are Friedman Industries's competitors?
Companies most similar to Friedman Industries by business, industry and size include IIIN, ROCK, MTUS, WS, WOR.
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