Friedman Industries, Incorporated
Friedman Industries, Incorporated (Nasdaq: FRD) manufactures and processes metals through its flat-roll products and tubular products segments. Flat-roll operations process steel into sheet, plate and slit coil, with additional laser cutting and fee-based processing or storage of customer-owned material. The company… From the company’s description.
Over the twelve months to Sep 30, 2026, Friedman Industries, Incorporated reported revenue of $886.53M, up 73.7% from a year earlier, and net income of $40.66M. Its operating margin was 8.3%, and operations generated $6.05M in cash. In fiscal 2025, it reported revenue of $646.91M, up 45.5% from fiscal 2024, and net income of $19.53M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Friedman Industries, Incorporated does
In the company’s own words
Friedman Industries, Incorporated (Nasdaq: FRD) manufactures and processes metals through its flat-roll products and tubular products segments. Flat-roll operations process steel into sheet, plate and slit coil, with additional laser cutting and fee-based processing or storage of customer-owned material. The company sells these products mainly to metals distributors and manufacturers of metal buildings, railcars, heavy equipment, tanks, containers, trailers and fabricated components. Its tubular segment produces electric-resistance-welded pipe for line-pipe, oil-country and structural applications, serving steel and pipe distributors. In fiscal 2026, flat-roll products generated approximately 92% of sales and tubular products 8%. Flat-roll products are processed at facilities in six states, while tubular production is based in Texas. The company served approximately 1,160 flat-roll customers and 80 tubular customers, primarily in the United States, and had 381 full-time employees at March 31, 2026.
Company details
- Sector
- Materials
- Industry (SIC)
- Primary Metals
- Headquarters
- LONGVIEW, TX
- Fiscal year end
- March
- CIK
- 39092
- SIC
- 3310
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Friedman Industries, Incorporated — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Friedman Industries, Incorporated’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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