Friedman Industries financials
$38.74−1.73%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Mar 31 | FY25 Mar 31 | FY24 Mar 31 | FY23 Mar 31 | FY22 Mar 31 | FY21 Mar 31 | FY20 Mar 31 | FY19 Mar 31 | FY18 Mar 31 | FY17 Mar 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $646.9M | $444.6M | $516.3M | $547.5M | $285.2M | $126.1M | $142.1M | $187.2M | $121.2M | $77.8M |
| Gross profit | $58.1M | $22.2M | $48.6M | $45.5M | $41.0M | $23.6M | $2.6M | $12.9M | $9.9M | -$191.6K |
| Gross margin | 9.0% | 5.0% | 9.4% | 8.3% | 14.4% | 18.7% | 1.8% | 6.9% | 8.2% | −0.2% |
| Operating income | $25.7M | $2.8M | $24.5M | $21.1M | $28.5M | $15.8M | -$6.9M | $6.4M | $5.8M | -$4.2M |
| Net income | $19.2M | $6.1M | $17.3M | $21.3M | $13.5M | $11.4M | -$5.2M | $5.1M | $3.9M | -$2.7M |
| Net margin | 3.0% | 1.4% | 3.4% | 3.9% | 4.7% | 9.1% | −3.7% | 2.7% | 3.2% | −3.4% |
| Diluted EPS | $2.76 | $0.87 | $2.39 | $2.91 | $2.04 | $1.63 | $-0.75 | $0.73 | $0.56 | $-0.39 |
| EBITDA | $29.5M | $6.1M | $27.6M | $23.6M | $29.8M | $16.8M | -$989.3K | $9.5M | $7.1M | -$2.6M |
| Operating cash flow | $8.5M | -$4.4M | $5.0M | $63.9M | -$13.4M | $8.4M | $11.2M | $9.6M | $3.2M | -$202.7K |
| Free cash flow | $1.4M | -$9.4M | -$813.0K | $47.4M | -$21.5M | $3.8M | $6.3M | $8.8M | $2.9M | -$1.0M |
| Diluted shares | 7.0M | 6.9M | 7.2M | 7.3M | 6.6M | 7.0M | 7.0M | 7.0M | 7.0M | 6.9M |
Balance sheet
| Period end | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.5M | $3.7M | $2.9M | $3.0M | $2.6M | $8.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $96.1M | $47.7M | $40.3M | $33.2M | $18.5M | $1.8M |
| Total assets | $336.8M | $226.8M | $230.0M | $199.3M | $159.3M | $95.0M |
| Total liabilities | $185.3M | $94.4M | $102.5M | $83.9M | $79.6M | $29.7M |
| Shareholders' equity | $151.5M | $132.4M | $127.5M | $115.4M | $79.7M | $65.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology