Friedman Financial Statements From 2010 to 2024

FRD Stock  USD 15.89  0.56  3.40%   
Friedman Industries financial statements provide useful quarterly and yearly information to potential Friedman Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Friedman Industries financial statements helps investors assess Friedman Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Friedman Industries' valuation are summarized below:
Gross Profit
41 M
Profit Margin
0.0171
Market Capitalization
114.6 M
Enterprise Value Revenue
0.3212
Revenue
469.5 M
There are over one hundred nineteen available fundamental signals for Friedman Industries, which can be analyzed over time and compared to other ratios. Investors should ensure to verify all of Friedman Industries' prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 138 M. The current year's Enterprise Value is expected to grow to about 180.3 M

Friedman Industries Total Revenue

542.06 Million

Check Friedman Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Friedman Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 3.2 M or Total Revenue of 542.1 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0042 or PTB Ratio of 1.03. Friedman financial statements analysis is a perfect complement when working with Friedman Industries Valuation or Volatility modules.
  
Check out the analysis of Friedman Industries Correlation against competitors.
For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.

Friedman Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets241.5 M230 M108.4 M
Slightly volatile
Short and Long Term Debt Total45.3 M43.1 M9.9 M
Slightly volatile
Other Current Liabilities10.8 M10.3 M3.7 M
Slightly volatile
Total Current Liabilities56.8 M54.1 M21.6 M
Slightly volatile
Total Stockholder Equity133.8 M127.5 M75.6 M
Slightly volatile
Property Plant And Equipment Net62.6 M59.6 M23 M
Slightly volatile
Retained Earnings101.1 M96.3 M46.1 M
Slightly volatile
Cash2.7 M2.9 M8.2 M
Slightly volatile
Non Current Assets Total63 M60 M24.1 M
Slightly volatile
Cash And Short Term Investments2.7 M2.9 M8.2 M
Slightly volatile
Net Receivables49.7 M47.3 M20.3 M
Slightly volatile
Common Stock Shares Outstanding7.5 M7.2 M6.9 M
Slightly volatile
Liabilities And Stockholders Equity241.5 M230 M108.4 M
Slightly volatile
Non Current Liabilities Total50.9 M48.4 M11.3 M
Slightly volatile
Inventory121.6 M115.8 M52.6 M
Slightly volatile
Other Current Assets4.2 MM3.2 M
Slightly volatile
Other Stockholder Equity40.5 M22.3 M41 M
Slightly volatile
Total Liabilities107.7 M102.5 M32.8 M
Slightly volatile
Total Current Assets178.6 M170.1 M84.3 M
Slightly volatile
Accounts Payable43.6 M41.5 M16.8 M
Slightly volatile
Property Plant And Equipment Gross95.5 M91 M31 M
Slightly volatile
Other Liabilities710.8 K392.6 K770.5 K
Pretty Stable
Other Assets494.9 K521 K1.1 M
Very volatile
Common Stock Total Equity8.7 M10.2 M8.3 M
Slightly volatile
Common Stock8.8 M8.9 M8.2 M
Slightly volatile
Property Plant Equipment65.1 M62 M23.6 M
Slightly volatile
Current Deferred Revenue2.9 M2.5 MM
Pretty Stable
Net Tangible Assets77.4 M132.7 M74.6 M
Slightly volatile
Retained Earnings Total Equity96.2 M91.6 M47.9 M
Slightly volatile
Capital Surpluse32.8 M40.3 M30.6 M
Slightly volatile
Non Current Liabilities Other82.1 K86.4 K523.9 K
Slightly volatile
Deferred Long Term Asset Charges744.3 K1.3 M823.3 K
Slightly volatile
Net Invested Capital107.2 M167.8 M82.1 M
Slightly volatile
Net Working Capital77.7 M116 M61 M
Slightly volatile
Capital Stock9.3 M8.9 M8.4 M
Slightly volatile
Capital Lease ObligationsM2.8 M475.7 K
Slightly volatile

Friedman Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.2 M3.1 M1.3 M
Slightly volatile
Total Revenue542.1 M516.3 M213.2 M
Slightly volatile
Other Operating Expenses516.3 M491.7 M203.3 M
Slightly volatile
Cost Of Revenue466 M443.8 M190.8 M
Slightly volatile
Total Operating Expenses50.3 M47.9 M24.1 M
Slightly volatile
Selling General Administrative22.1 M21 M8.8 M
Slightly volatile
Interest Income8.6 M8.2 M2.6 M
Slightly volatile
Reconciled Depreciation1.9 M3.1 M1.6 M
Slightly volatile
Non Recurring3.3 MM2.7 M
Slightly volatile
Selling And Marketing Expenses19.3 M23.8 M24.1 M
Slightly volatile

Friedman Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow6.5 M5.4 M9.4 M
Pretty Stable
Depreciation3.2 M3.1 M1.7 M
Slightly volatile
Dividends Paid552 K581 K1.3 M
Slightly volatile
Capital Expenditures6.1 M5.8 M3.9 M
Slightly volatile
End Period Cash Flow6.7 M5.9 M9.2 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.260.25460.3723
Slightly volatile
Dividend Yield0.00420.00440.0222
Slightly volatile
PTB Ratio1.031.03130.8135
Pretty Stable
Days Sales Outstanding26.5933.462634.0996
Pretty Stable
Book Value Per Share18.6317.74510.9123
Slightly volatile
Average Payables9.7 M12.5 M9.2 M
Slightly volatile
Stock Based Compensation To Revenue5.0E-45.0E-40.0013
Pretty Stable
Capex To Depreciation1.61.88662.1848
Slightly volatile
PB Ratio1.031.03130.8135
Pretty Stable
EV To Sales0.220.33260.3121
Slightly volatile
Inventory Turnover4.933.83263.4997
Slightly volatile
Days Of Inventory On Hand72.1895.2351113
Slightly volatile
Payables Turnover13.7810.684717.4841
Pretty Stable
Sales General And Administrative To Revenue0.03040.04080.0392
Very volatile
Average Inventory26.2 M46.8 M40.8 M
Slightly volatile
Capex To Revenue0.01170.01120.0188
Pretty Stable
Cash Per Share0.380.40241.2356
Slightly volatile
Interest Coverage7.718.11722.1 K
Very volatile
Days Payables Outstanding22.6234.160928.1101
Slightly volatile
Current Ratio4.783.14317.9558
Slightly volatile
Tangible Book Value Per Share18.6317.74510.9123
Slightly volatile
Receivables Turnover13.3410.907711.6279
Slightly volatile
Graham Number32.631.048615.5637
Slightly volatile
Shareholders Equity Per Share18.6317.74510.9123
Slightly volatile
Debt To Equity0.330.31610.0957
Slightly volatile
Capex Per Share0.850.80630.5626
Slightly volatile
Average Receivables26.5 M25.2 M15.4 M
Slightly volatile
Revenue Per Share75.4671.864230.4903
Slightly volatile
Interest Debt Per Share6.346.03661.3282
Slightly volatile
Debt To Assets0.10.17520.0508
Slightly volatile
Operating Cycle98.78129147
Pretty Stable
Price Book Value Ratio1.031.03130.8135
Pretty Stable
Days Of Payables Outstanding22.6234.160928.1101
Slightly volatile
Effective Tax Rate0.370.2560.311
Slightly volatile
Company Equity Multiplier1.11.80441.3026
Slightly volatile
Long Term Debt To Capitalization0.250.24020.0657
Slightly volatile
Total Debt To Capitalization0.250.24020.0788
Slightly volatile
Debt Equity Ratio0.330.31610.0957
Slightly volatile
Quick Ratio0.951.00282.6266
Slightly volatile
Net Income Per E B T0.530.7440.6823
Slightly volatile
Cash Ratio0.05080.05341.17
Slightly volatile
Cash Conversion Cycle80.2294.5367121
Slightly volatile
Days Of Inventory Outstanding72.1895.2351113
Slightly volatile
Days Of Sales Outstanding26.5933.462634.0996
Pretty Stable
Price To Book Ratio1.031.03130.8135
Pretty Stable
Fixed Asset Turnover17.028.662110.8944
Pretty Stable
Debt Ratio0.10.17520.0508
Slightly volatile
Price Sales Ratio0.260.25460.3723
Slightly volatile
Asset Turnover2.562.24441.8064
Slightly volatile
Price Fair Value1.031.03130.8135
Pretty Stable

Friedman Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap138 M131.5 M62.8 M
Slightly volatile
Enterprise Value180.3 M171.7 M64.2 M
Slightly volatile

Friedman Fundamental Market Drivers

Cash And Short Term Investments2.9 M

Friedman Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Friedman Industries Financial Statements

Friedman Industries stakeholders use historical fundamental indicators, such as Friedman Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Friedman Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Friedman Industries' assets and liabilities are reflected in the revenues and expenses on Friedman Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Friedman Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue2.5 M2.9 M
Total Revenue516.3 M542.1 M
Cost Of Revenue443.8 M466 M
Sales General And Administrative To Revenue 0.04  0.03 
Capex To Revenue 0.01  0.01 
Revenue Per Share 71.86  75.46 
Ebit Per Revenue 0.05  0.07 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Friedman Industries is a strong investment it is important to analyze Friedman Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Friedman Industries' future performance. For an informed investment choice regarding Friedman Stock, refer to the following important reports:
Check out the analysis of Friedman Industries Correlation against competitors.
For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Friedman Industries. If investors know Friedman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Friedman Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.14
Earnings Share
1.1
Revenue Per Share
66.665
Quarterly Revenue Growth
1.802
The market value of Friedman Industries is measured differently than its book value, which is the value of Friedman that is recorded on the company's balance sheet. Investors also form their own opinion of Friedman Industries' value that differs from its market value or its book value, called intrinsic value, which is Friedman Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Friedman Industries' market value can be influenced by many factors that don't directly affect Friedman Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Friedman Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Friedman Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Friedman Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.