NASDAQ · STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS · MID CAP
Friedman Industries Inc. FRD
15 fiscal years on record · USD · FY2024 reported
SEC FILINGS ONLY
Revenue · FY2024
$444.6M
▼ 13.9% vs FY2023
Dividend streak
2 yrs
Raised every year since 2023
EPS · FY24
$0.87
Dividend / sh · FY24
$0.16
Payout · FY24
18%
ROE · FY24
4.7%
Net margin · FY24
1.4%
Dividend coverage
5.4×
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Result
USD 444.6M
Revenue, FY2024 · full 15-year series below
Revenue
Net income
1 cents of every revenue dollar became profit this year.
Per share
USD 0.87
Diluted EPS, FY2024
EPS
Dividend
Earnings covered the dividend 5.4 times — the rest stayed in the company.
Profitability
4.7%
Return on equity, FY2024
ROE
Operating margin0.7%
Net margin1.4%
Return on assets2.7%
Each USD of equity produced 5 cents of profit this year.
Returned to shareholders
USD 1.3M
returned in FY2024 · dividends + net buybacks
Dividends paidUSD 1.1M
Net buybacksUSD 171,000.00
Share of profit21.1%
Consecutive raises2 years
USD 1.1M in dividends and USD 171,000.00 in buybacks — 21% of the year's profit went back to shareholders.
Growth
+25.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+15.9%
+25.6%
+15.2%
Net income
−24.4%
+31.9%
EPS, diluted
−24.7%
+30.7%
Dividend / share
+26.0%
Returned to shareholders
+5.7%
+8.9%
+9.0%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2024
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
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Balance sheet
USD 226.8M
total assets, end of FY2024
Total assetsUSD 226.8M
EquityUSD 132.4M
CashUSD 3.7M
Current ratio4.34×
Equity funds 58% of total assets.
History
15 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Revenue $B
0.4
0.5
0.5
0.3
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.1
Operating income $B
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
EBITDA $B
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
Income tax $B
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
EPS, diluted $
0.87
2.39
2.91
2.04
1.63
−0.75
0.73
0.56
−0.39
0.04
0.06
0.25
0.90
1.20
1.20
Dividend / sh $
0.16
0.10
0.08
0.08
·
·
·
·
·
·
·
·
·
·
·
Payout %
18
3
3
4
5
−16
23
7
−10
93
142
103
113
42
62
ROE %
4.7
14.3
21.9
19.4
17.3
−7.5
7.2
6.1
−4.3
0.5
0.6
2.7
9.7
13.3
13.9
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
45 of 45
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed