Friedman Industries Inc (FRD) company profile

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.

The company conducts its operations entirely within the United States, maintaining an employee base of 381 full-time workers. Its operational network features multiple flat-roll processing and distribution facilities situated in Arkansas, Alabama, Florida, Indiana, Illinois, and Texas, alongside tubular pipe mills and administrative facilities located in Texas. Administrative offices are situated in Longview and The Woodlands, Texas.

Summary of the business section of Friedman Industries's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“At March 31, 2026, the Company had 381 full-time employees, all based in the United States.”