Friedman Industries Incorporated

FRD | Basic Materials | NASDAQ
$21.13
+0.22 (+1.05%)

Key Metrics

Market Cap
$149.17M
P/E Ratio
17.46
EPS
$1.21
Beta
N/A
Dividend Yield
N/A
ROE
6.50%
Current Ratio
3.90

Company Information

Industry
Steel

About Friedman Industries Incorporated

Friedman Industries Incorporated engages in steel processing pipe manufacturing and processing and the steel and pipe distribution businesses the United States It operates in two segments Coil and Tubular The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils This segment also processes customerowned coils on a fee basis The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern southwestern and southeastern regions of the United States Its principal customers for these products and services are steel distributors and customers manufacturing steel products such as steel buildings railroad cars barges tanks and containers trailers component parts and other fabricated steel products The Tubular segment manufactures line and oil country pipes as well as pipes for structural applications This segment sells its tubular products principally to steel and pipe distributors through its own sales force Friedman Industries Incorporated was incorporated in 1965 and is headquartered in Longview Texas

Recent Earnings Surprises

Date Actual EPS Estimated EPS Surprise
2021-07-07 $0.87 $1.45 -40.0%

Financial Ratios (TTM)

Gross Margin
10.33%
Operating Margin
2.47%
Net Margin
1.84%
ROA
3.90%
Price to Book
1.07
Price to Sales
0.32