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NASDAQBasic MaterialsSteel
Latest quote
$42.99
+$0.715 · +1.69%
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide array of products, such as steel buildings, railway carriages, barges, storage tanks, shipping containers, trailers, various component parts, and other fabricated steel goods. Meanwhile, the Tubular segment is dedicated to producing different types of pipes, including those for line applications, oil country purposes (OCTG), and structural uses. This segment's products are primarily sold to steel and pipe distributors through Friedman Industries' internal sales force. Friedman Industries, Incorporated was founded in 1965 and is headquartered in Longview, Texas.
Previous close
$42.99
+$0.715 · +1.69%
After-hours
$42.99
$0.00 · 0.00%
Oct 7, 7:30 PM ET
Regular session · ET · Market data may be delayed.
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide array of products, such as steel buildings, railway carriages, barges, storage tanks, shipping containers, trailers, various component parts, and other fabricated steel goods. Meanwhile, the Tubular segment is dedicated to producing different types of pipes, including those for line applications, oil country purposes (OCTG), and structural uses. This segment's products are primarily sold to steel and pipe distributors through Friedman Industries' internal sales force. Friedman Industries, Incorporated was founded in 1965 and is headquartered in Longview, Texas.
Day range
Current $42.99
52-week range
Current $42.99
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
83
Deep Value
Sentiment
70
Bullish
Risk
53
Elevated Risk
Momentum
70
Gaining
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide array of products, such as steel buildings, railway carriages, barges, storage tanks, shipping containers, trailers, various component parts, and other fabricated steel goods. Meanwhile, the Tubular segment is dedicated to producing different types of pipes, including those for line applications, oil country purposes (OCTG), and structural uses. This segment's products are primarily sold to steel and pipe distributors through Friedman Industries' internal sales force. Friedman Industries, Incorporated was founded in 1965 and is headquartered in Longview, Texas.
Day range
Current $42.99
52-week range
Current $42.99
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 646.91M USD | 444.6M USD | 516.25M USD | 547.54M USD | 285.24M USD |
| Cost of goods sold | 560.42M USD | 399.13M USD | 443.83M USD | 477.57M USD | 244.25M USD |
| Gross profit | 86.5M USD | 45.48M USD | 72.42M USD | 69.98M USD | 40.99M USD |
| Selling, general, and administrative | 28.62M USD | 16.17M USD | 44.83M USD | 46.38M USD | — |
| Operating expenses | 60.84M USD | 42.69M USD | 47.9M USD | 48.9M USD | 12.47M USD |
| Interest expense | 4.1M USD | 2.95M USD | 3.07M USD | 2.22M USD | 255K USD |
| Depreciation and amortization | 3.82M USD | 3.29M USD | 3.07M USD | 2.53M USD | 1.32M USD |
| Operating income | 25.65M USD | 2.79M USD | 24.52M USD | 21.07M USD | 28.52M USD |
| Net income | 19.53M USD | 6.09M USD | 17.35M USD | 21.34M USD | 14.07M USD |
Company facts updated Oct 8, 2026.
Recent quarterly results
Recent quarterly results
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI9.43M0.00%2.3T USD0.03%$381.03-0.40%
U.S. Small Cap Value Portfolio ETF Class SharesDFSV8.47M0.03%27.03B USD0.33%$37.79-1.23%
iShares Russell 2000 ETFIWM7.72M0.01%78.56B USD0.19%$277.7-1.29%
Dimensional - US Targeted Value ETFDFAT4.32M0.01%30.38B USD0.33%$67.08-1.29%
Dimensional - US Small Cap ETFDFAS3.52M0.01%34.14B USD0.31%$77.92-1.38%
Vanguard Extended Market ETFVXF3.38M0.00%95.4B USD0.05%$233.49-1.56%
U.S. Micro Cap Portfolio ETFDFMC2.55M0.03%7.62B USD0.43%$57.50-1.29%
EA Bridgeway Omni Small-Cap Value ETFBSVO2.23M0.09%2.37B USD0.45%$28.29-0.90%Vanguard Morningstar Total Stock Market ETFVTIU.S. Small Cap Value Portfolio ETF Class SharesDFSViShares Russell 2000 ETFIWMDimensional - US Targeted Value ETFDFATDimensional - US Small Cap ETFDFASVanguard Extended Market ETFVXFU.S. Micro Cap Portfolio ETFDFMCEA Bridgeway Omni Small-Cap Value ETFBSVOAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
