FRD · XBRL financial data
Friedman Industries financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (FRD's year ends in late March)
| In thousands of dollars | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|
| Cost of goods and services sold | 139,492 | 102,517 | 244,247 | 504,457 | 491,733 | 441,815 |
| Selling, general and administrative | 5,125 | 7,835 | 12,467 | 22,011 | 21,039 | 16,171 |
| Operating income (loss) | (6,857) | 15,725 | 28,265 | 21,074 | 24,518 | 3,043 |
| Interest expense | 5 | 25 | 255 | 2,218 | 3,072 | 2,953 |
| Other income (expense) | — | — | — | — | 20 | 5 |
| Income tax expense (benefit) | (1,589) | 3,797 | 4,264 | 6,845 | 5,969 | 1,608 |
| Net income (loss) | (5,249) | 11,424 | 14,066 | 21,344 | 17,345 | 6,085 |
| Earnings per share, basic USD per share | (0.75) | 1.63 | 2.04 | 2.91 | 2.39 | 0.87 |
| Earnings per share, diluted USD per share | (0.75) | 1.63 | 2.04 | 2.91 | 2.39 | 0.87 |
| Weighted average shares, basic thousands of shares | 7,000 | 7,028 | 6,624 | — | — | — |
| Weighted average shares, diluted thousands of shares | 7,000 | 7,028 | 6,624 | 7,216 | 7,184 | 6,945 |
Balance sheet
CSVFiscal years (FRD's year ends in late March)
| In thousands of dollars | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 17,058 | 8,191 | 2,598 | 2,992 | 2,891 | 3,686 |
| Accounts receivable | 11,705 | 20,378 | 35,671 | 49,367 | 47,329 | 47,476 |
| Inventory | 35,668 | 36,016 | 67,946 | 86,246 | 115,804 | 113,689 |
| Total current assets | 65,212 | 77,535 | 125,362 | 143,656 | 170,064 | 166,467 |
| Property and equipment, net | 11,501 | 15,461 | 30,106 | 53,933 | 56,758 | 56,251 |
| Right-of-use asset | — | — | 113 | 1,270 | 2,841 | 2,841 |
| Total assets | 77,344 | 95,009 | 159,275 | 199,312 | 230,019 | 226,822 |
| Total current liabilities | 9,645 | 29,072 | 60,811 | 45,088 | 54,107 | 38,324 |
| Lease liability, non-current | — | — | — | 1,168 | 2,782 | 2,752 |
| Total liabilities | 10,479 | 29,669 | 79,588 | 83,880 | 102,544 | 94,397 |
| Retained earnings | 34,531 | 45,393 | 58,909 | 79,653 | 96,284 | 101,254 |
| Total stockholders' equity | 66,865 | 65,340 | 79,687 | 115,432 | 127,475 | 132,425 |
| Total liabilities and equity | 77,344 | 95,009 | 159,275 | 199,312 | 230,019 | 226,822 |
| Common shares outstanding (cover page) thousands of shares | 7,080 | 6,900 | 7,369 | 7,376 | 6,970 | 7,059 |
Cash flows
CSVFiscal years (FRD's year ends in late March)
| In thousands of dollars | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (5,249) | 11,424 | 14,066 | 21,344 | 17,345 | 6,085 |
| Depreciation and amortization | — | — | — | 2,526 | 3,070 | 3,291 |
| Net cash from operating activities | 11,233 | 8,427 | (13,398) | 63,894 | 4,979 | (4,410) |
| Purchases of property and equipment | 4,935 | 4,610 | 8,065 | 16,454 | 5,792 | 4,002 |
| Net cash from investing activities | (4,953) | (4,590) | (7,918) | (88,187) | (5,805) | (3,434) |
| Share repurchases | — | 1,727 | 538 | 37 | 5,151 | 171 |
| Dividends paid | 840 | 564 | 551 | 589 | 581 | 1,115 |
| Net cash from financing activities | (890) | (702) | 17,245 | 13,557 | 1,337 | 6,095 |
| Net change in cash | 5,391 | 3,135 | (4,071) | (10,736) | 511 | (1,749) |
Compare with peers
SIC 3310 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3310 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Friedman Industries | 5,028 | not reported | 7,311 | 7.2M | 10-QJun 30, 2026 |
| NWPX Infrastructure | 6,058 | 179,392 | 27,381* | 9.6M | 10-QSep 30, 2026 |
| Titan International | 172,787 | 335,177 | 17,135* | 64.6M | 10-QSep 30, 2026 |
| Metallus | 98,600 | 337,200 | 6,800* | 41.3M | 10-QSep 30, 2026 |
| Worthington Enterprises | 55,067 | 343,886 | 66,731 | 49.3M | 10-QAug 31, 2026 |
| SunCoke Energy | 57,600 | 485,900 | 94,800* | 84.9M | 10-QSep 30, 2026 |
| Gibraltar Industries | 15,147 | 509,547 | 3,765* | 29.7M | 10-QJun 30, 2026 |
| Carpenter Technology | 159,500 | 798,200 | 52,800 | 49.5M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
