Highest-materiality recent filing
Friedman Industries Q1 FY2027: EPS $1.79, sales $240M (+78% YoY), record volume 206K tons
Net earnings $12.8M ($1.79 diluted EPS) vs $5.0M ($0.71) in prior year; EBITDA $19.3M vs $8.2M.
Friedman Industries reports record FY2026 sales volume, net earnings $19.5M, EPS $2.76
Q4 net earnings $9.2M ($1.30 diluted EPS) on sales $191.8M; EBITDA $15.2M.
Friedman Industries expands Sinton facility, adds laser cutting; completion Q4 2026
Expansion of Sinton, Texas facility on Steel Dynamics campus; completion targeted for Q4 2026.
Friedman Industries Q3 net earnings $3.0M, sales up 79% YoY, turnaround from loss
Net earnings $3.0M ($0.43 diluted EPS) vs net loss $1.2M (-$0.17) in year-ago quarter.
Friedman Industries Q2: Net earnings $2.2M, sales $152.4M (+43% YoY); record volume
Net earnings of $2.2M ($0.32 diluted EPS) vs net loss of $0.7M ($0.10 loss) in prior-year quarter.
Friedman Industries acquires Century Metals for $45.25M cash plus $3.5M note and earn-out
Acquired Century Metals & Supplies for $45.25M cash at closing, $3.5M promissory note, and up to $10M earn-out over four years.
Friedman Industries Q1 net earnings rise to $5.0M, sales up 18% YoY
Net earnings $5.0M ($0.71 diluted EPS) vs $2.6M ($0.37) in prior year.
Friedman Industries appoints Gaurav Chhibbar as COO effective July 10, 2025
Gaurav Chhibbar appointed COO effective July 10, 2025.
Friedman Industries Q4 earnings $5.3M; FY2025 net income falls to $6.1M from $17.3M YoY
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.
Friedman Industries Q3 net loss of $1.2M vs. year-ago profit; sales down 19%
Net loss of $1.2M ($0.17 diluted loss per share) versus net income of $1.2M ($0.16 diluted EPS) a year ago.
Friedman Industries reports Q2 net loss of $0.7M; sales down 18% YoY
Net loss of $0.7M ($0.10 diluted loss per share) vs net earnings of $3.5M ($0.48 EPS) a year ago.
Friedman Industries Q1 net earnings $2.6M ($0.37 EPS), down from $7.7M ($1.04 EPS) YoY
Net sales of $114.6M down from $137.3M YoY; net earnings of $2.6M vs $7.7M.
Friedman Industries Q4 net earnings $5M; FY2024 second most profitable year
Q4 net earnings $5.0M ($0.71 diluted EPS) on sales $132.2M; prior Q4 $6.3M ($0.86) on $124.2M.
Friedman Industries Q3 fiscal 2024: EPS $0.16, sales $116M, flat-roll segment profit surges to $8.7M
Net earnings $1.2M ($0.16 diluted EPS) on sales $116M vs $1.4M ($0.19) on $111.9M a year ago.
Repurchased 400,041 shares from Metal One at $12.76/share for aggregate ~$5.1M on Dec 13, 2023.
Friedman Industries Q2 net earnings $3.5M ($0.48 EPS); sales volume up 10%
Net earnings $3.5M ($0.48 diluted EPS) vs $2.5M ($0.34) YoY; sales $130.7M down from $149.7M on lower steel prices.
Friedman Q1 FY24 net earnings $7.7M, sales $137.3M, volume up 23%
Diluted EPS $1.04 vs $1.55 YoY; net earnings $7.7M vs $11.2M.
Friedman Industries reports record FY2023 net earnings of $21.3M; sales up 92% to $547.5M
Q4 FY2023 net earnings of $6.3M ($0.86 diluted EPS) vs loss of $7.5M in Q4 FY2022; sales $124.2M (+65% YoY).
Friedman Industries Q3 net earnings $1.38M vs loss $2.96M; sales $112M
Net earnings $1,375,893 ($0.19 diluted EPS) vs net loss $2,961,833 ($0.45 loss) in prior-year quarter.
Net earnings $2.47M ($0.34 diluted EPS) vs $13.18M ($1.91) in prior-year quarter.
Friedman Industries receives NYSE late filing notice; Sinton facility begins shipments
NYSE American issued a filing delinquency notice for missing the Sept 30, 2022 Form 10-Q; 6-month cure period given.
Friedman Industries Q1 FY2023 EPS $1.55 on $161.8M revenue; includes Plateplus acquisition
Net earnings $11.2M ($1.55 diluted EPS) vs $11.3M ($1.64) on revenue $161.8M (up 145% from $65.9M).
Friedman Industries Acquires Certain Assets of Plateplus for $72.4M and Stock
Friedman Industries acquired real estate, buildings, equipment, inventory, and client relationships from Plateplus’ East Chicago, IN and Granite City, IL facilities and other locations.
Friedman Industries reports Q4 loss but record FY2022 profit; Plateplus acquisition boosts volumes
Q4 net loss $7.46M ($1.11 diluted loss) on $75.1M sales; year-ago net income $10.4M ($1.50 EPS).
Filer status changed to accelerated filer on Sept 30, 2021 after public float reached ~$76 million.
Acquired East Chicago, IN and Granite City, IL facilities plus inventory/customer relationships from Loudon, TN and Houston, TX for $63.8M cash and 516,041 shares of FRD common stock.
Friedman Industries reports Q3 net loss of $2.96M; revenue up 81% YoY to $51.7M
Diluted EPS loss of $0.43 vs. $0.30 EPS gain in prior-year quarter; net loss driven by $13.0M hedging loss.
Friedman Industries Q2 FY2022 net earnings $13.2M ($1.91 EPS) vs year-ago loss, record quarter
Net earnings of $13.18M ($1.91 diluted EPS) on sales of $92.57M vs net loss of $0.25M ($0.04 loss) year ago.
Friedman Industries posts record Q1 net earnings of $11.3M ($1.64 EPS) vs year-ago loss
Net sales surged to $65.9M from $23.5M YoY, driven by ~200% rise in hot-rolled steel prices.
Friedman Industries reports best quarter ever: Q4 net earnings $10.4M ($1.50 EPS) vs year-ago loss
Q4 net earnings of $10.4M ($1.50 diluted EPS) on sales $49.2M; prior-year quarter net loss $3.0M ($0.43 loss per share) on sales $33.0M.
appointed Michael Hanson as a director of the Company to fill such newly created vacancy on March 19, 2025, effective immediately
The Board of Directors (the “ Board ”) of Friedman Industries, Incorporated (the “ Company ”) increased the number of directors comprising the Board and appointed Sandra K. Scott and Sharon Taylor as directors of the Company to fill such newly created vacancies on June 14, 2022, effective immediately, in each case pursuant to and consistent with the authority provided in the Company’s Bylaws.
The Board of Directors (the “ Board ”) of Friedman Industries, Incorporated (the “ Company ”) increased the number of directors comprising the Board and appointed Sandra K. Scott and Sharon Taylor as directors of the Company to fill such newly created vacancies on June 14, 2022, effective immediately, in each case pursuant to and consistent with the authority provided in the Company’s Bylaws.
Max materiality 0.95 · Median 0.65 · Most common event earnings