Friedman Industries, Incorporated (FRD) — Financial statements
Income statement, balance sheet, and cash flow for Friedman Industries, Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 445↓13.9% | 516↓5.7% | 548↑92.0% | 285↑126.2% | 126 | |
| Cost of Revenue | 399↓10.1% | 444↓7.1% | 478↑95.5% | 244↑138.3% | 103 | |
| Gross Profit | 45↓37.2% | 72↑3.5% | 70↑70.7% | 41↑73.8% | 24 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 21↓3.9% | 22 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 24↓2.8% | 24 | 0.00 | 0.00 | |
| SG&A Expenses | 16↓63.9% | 45↓3.3% | 46 | 0.00 | 0.00 | |
| Other Expenses | 26↑755.4% | 3↑21.5% | 3↓79.7% | 12↑58.6% | 8 | |
| Operating Expenses | 42↓11.4% | 48↓2.1% | 49↑292.3% | 12↑58.6% | 8 | |
| Total Costs & Expenses | 442↓10.2% | 492↓6.6% | 526↑105.1% | 257↑132.6% | 110 | |
| Operating Results | ||||||
| Operating Income | 3↓87.6% | 25↑16.3% | 21↓26.1% | 29↑81.4% | 16 | |
| Depreciation & Amortization | 3↑7.2% | 3↑21.5% | 3↑91.4% | 1↑30.3% | 1 | |
| EBITDA | 14↓52.7% | 29↓10.6% | 33↑10.4% | 30↑78.0% | 17 | |
| EBIT | 11↓59.7% | 26↓13.2% | 30↑6.6% | 29↑81.1% | 16 | |
| Interest & Other Income | ||||||
| Net Interest Income | -3↑3.9% | -3↓38.5% | -2↓769.8% | -0.26↓935.8% | -0.02 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 3↓3.9% | 3↑38.5% | 2↑769.8% | 0.26↑935.8% | 0.02 | |
| Non-Operating Income | -8↓307.0% | -2↑80.0% | -9 | 0.00↑100.0% | -0.02 | |
| Other Income / Expenses | 5↑486.2% | -1↓116.9% | 7↑169.8% | -10↓1923.9% | -0.50 | |
| Income Before Tax | 8↓67.0% | 23↓17.3% | 28↑53.8% | 18↑20.4% | 15 | |
| Income Tax Expense | 2↓73.1% | 6↓12.8% | 7↑60.5% | 4↑12.3% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 6↓64.9% | 17↓18.7% | 21↑51.7% | 14↑23.1% | 11 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 6↓64.9% | 17↓18.7% | 21↑51.7% | 14↑23.1% | 11 | |
| Bottom-Line Net Income | 6↓64.6% | 17↓19.6% | 21↑57.8% | 14↑23.7% | 11 | |
| EPS (Basic) | 0.87↓63.6% | 2.39↓17.9% | 2.91↑42.6% | 2.04↑25.2% | 1.63 | |
| EPS (Diluted) | 0.87↓63.6% | 2.39↓17.9% | 2.91↑42.6% | 2.04↑25.2% | 1.63 | |
| Weighted Average Shares | 7↓3.3% | 7↓2.1% | 7↑10.7% | 7↓5.7% | 7 | |
| Weighted Average Diluted Shares | 7↓3.3% | 7↓2.1% | 7↑10.7% | 7↓5.7% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.