FRIEDMAN INDUSTRIES INC
Financial highlights
| Metric | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 | FY 03/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $444.6M | $516.3M | $547.5M | $285.2M | $126.1M |
| Cost of revenue | $441.8M | $491.7M | $504.5M | $244.2M | $102.5M |
| Selling, general & administrative | $16.2M | $21.0M | $21.9M | $12.5M | $7.8M |
| Operating income | $3.0M | $24.5M | $21.1M | $28.5M | $15.7M |
| Interest expense | $3.0M | $3.1M | $2.2M | $255,000 | $24,619 |
| Pretax income | $7.7M | $23.3M | $28.2M | $18.3M | $15.2M |
| Income tax expense | $1.6M | $6.0M | $6.8M | $4.3M | $3.8M |
| Net income | $6.1M | $17.3M | $21.3M | $14.1M | $11.4M |
| Balance Sheet | |||||
| Cash and equivalents | $3.7M | $2.9M | $3.0M | $2.6M | $8.2M |
| Current assets | $166.5M | $170.1M | $143.7M | $125.4M | $77.5M |
| Total assets | $226.8M | $230.0M | $199.3M | $159.3M | $95.0M |
| Current liabilities | $38.3M | $54.1M | $45.1M | $60.8M | $29.1M |
| Total liabilities | $94.4M | $102.5M | $83.9M | $79.6M | $29.7M |
| Stockholders' equity | $132.4M | $127.5M | $115.4M | $79.7M | $65.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$4.4M | $5.0M | $63.9M | -$13.4M | $8.4M |
| Depreciation and amortization | $3.3M | $3.1M | $2.5M | $1.3M | $1.0M |
| Capital expenditure | $4.0M | $5.8M | $16.5M | $8.1M | $4.6M |
| Free cash flow | -$8.4M | -$813,000 | $47.4M | -$21.5M | $3.8M |
| Dividends paid | $1.1M | $581,000 | $589,000 | $551,000 | $564,190 |
| Share repurchases | $171,000 | $5.2M | $37,000 | $538,000 | $1.7M |
| Impairments | — | — | $0 | — | — |
Shares outstanding 7.1M · Free float 89.8%
Annual filing data through FY ended March 31, 2025; float as of July 8, 2026.