---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-019977"
form_type: "8-K"
ticker: "FRD"
cik: "0000039092"
company_name: "FRIEDMAN INDUSTRIES INC"
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:09:53.280411+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries Q4 net earnings $5M; FY2024 second most profitable year

## Summary
- Q4 net earnings $5.0M ($0.71 diluted EPS) on sales $132.2M; prior Q4 $6.3M ($0.86) on $124.2M.
- FY2024 net earnings $17.3M ($2.39 diluted EPS), second most profitable; sales volume up 19% YoY.
- Flat-roll segment Q4 operating profit $9.6M (+25% YoY); tubular segment profit $0.8M (-68% YoY).
- Outlook: Q1 FY2025 volume similar to Q4; lower margins hedged with $5.3M in gains YTD.
- Working capital $116M; FY2024 sales $516M, down from $547M in prior year.

## SEC filing metadata
- accession: 0001437749-24-019977
- form_type: 8-K
- ticker: FRD
- cik: 0000039092
- company_name: FRIEDMAN INDUSTRIES INC
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39092/000143774924019977/0001437749-24-019977-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39092/000143774924019977/frd20240611_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-019977
- JSON: https://secwatch.observer/filing/0001437749-24-019977.json
- Plain text: https://secwatch.observer/filing/0001437749-24-019977.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.