NASDAQ:FRD
Friedman Industries Inc.
Friedman Industries Inc.'s revenue fell 13.9% in fiscal 2024 to $444.6M while operating margin fell to 0.7%. Free cash flow was −$8.4M, −1.9% of revenue, and the diluted share count fell 3.3%.Summary generated from Friedman Industries Inc.'s SEC filings. Latest annual report filed Jun 12, 2025.
Key statistics
Fiscal 2024 from SEC filings. MethodologyRevenue (FY24)$444.6M
Revenue growth−13.9%
Revenue, 5-yr CAGR+25.6%
Gross margin0.6%
Operating margin0.7%
Net margin1.4%
ROICn/a
Return on equity4.7%
Debt / equityn/a
Free cash flow−$8.4M
FCF margin−1.9%
Share count change−3.3%
Financials
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 126 | 285 | 548 | 516 | 445 |
| Operating income | 16 | 29 | 21 | 25 | 3 |
| Net income | 11 | 14 | 21 | 17 | 6 |
| Free cash flow | 4 | −21 | 47 | −1 | −8 |
Recent filings
- 8-KResults of a shareholder vote
Sep 28, 2026 - 8-KEntry into a material agreement
Sep 10, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - DEF 14AProxy statement
Jul 28, 2026 - 4Insider transaction report
Jun 22, 2026 - 4Insider transaction report
Jun 22, 2026 - 8-KResults of operations and financial condition
Jun 11, 2026