earnings
confidence high
sentiment neutral
materiality 0.65
Friedman Industries Q4 earnings $5.3M; FY2025 net income falls to $6.1M from $17.3M YoY
FRIEDMAN INDUSTRIES INC
- Q4 2025 net earnings $5.3M ($0.76 diluted EPS) on sales $129.2M vs Q4 2024 net earnings $5.0M ($0.71) on sales $132.2M.
- Fiscal 2025 net earnings $6.1M ($0.87 diluted EPS) vs $17.3M ($2.39) in fiscal 2024; sales down to $444.6M from $516.3M.
- Record quarterly sales volume ~166,500 tons, up 5% YoY and 28% from Q3; steel prices rose 35% in Q4.
- Hedging gains of $1.8M in Q4 and $7.6M for fiscal 2025 helped offset price volatility.
- Outlook: Q1 FY2026 volume slightly lower due to downtime but expects improved margins.
item 2.02item 9.01