Friedman Industries, Incorporated (FRD)

Friedman Industries Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	464.83	444.6	516.25	547.54	285.24	126.1
Revenue Growth (YoY)	-5.81%	-13.88%	-5.71%	91.96%	126.19%	-11.26%
Cost of Revenue	409.57	399.13	443.83	477.57	244.25	102.52
Gross Profit	55.26	45.48	72.42	69.98	40.99	23.59
Selling, General & Admin	40.69	39.4	44.83	45.18	12.47	7.84
Operating Expenses	44.04	42.69	47.9	47.7	12.47	7.84
Operating Income	11.23	2.79	24.52	22.27	28.52	15.75
Interest Expense	-2.95	-2.95	-3.07	-2.22	-0.26	-0.02
Other Non Operating Income (Expenses)	2.51	7.6	1.87	9.33	-11.64	-0.5
EBT Excluding Unusual Items	10.78	7.44	23.31	29.39	16.62	15.22
Merger & Restructuring Charges	-	-	-	-1.2	-	-
Gain (Loss) on Sale of Assets	0.26	0.26	-	-	-	-
Other Unusual Items	-	-	-	-	1.71	-
Pretax Income	11.04	7.69	23.31	28.19	18.33	15.22
Income Tax Expense	2.49	1.61	5.97	6.85	4.27	3.8
Net Income	8.55	6.09	17.35	21.34	14.07	11.42
Preferred Dividends & Other Adjustments	0.08	0.02	0.18	0.33	0.54	0.49
Net Income to Common	8.47	6.06	17.17	21.02	13.52	10.93
Net Income Growth	-30.08%	-64.92%	-18.74%	51.74%	23.12%	-
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change (YoY)	-2.04%	-3.33%	-0.45%	8.94%	-1.19%	-4.24%
EPS (Basic)	1.22	0.87	2.39	2.91	2.04	1.63
EPS (Diluted)	1.21	0.87	2.39	2.91	2.04	1.63
EPS Growth	-29.10%	-63.60%	-17.87%	42.65%	25.15%	-
Free Cash Flow	11.41	-9.41	-0.81	47.44	-21.46	3.82
Free Cash Flow Per Share	1.64	-1.35	-0.11	6.57	-3.24	0.57
Dividend Per Share	0.160	0.160	0.100	0.080	0.080	0.080
Dividend Growth	33.33%	60.00%	25.00%	-	-	-20.00%
Gross Margin	11.89%	10.23%	14.03%	12.78%	14.37%	18.70%
Operating Margin	2.42%	0.63%	4.75%	4.07%	10.00%	12.49%
Profit Margin	1.82%	1.36%	3.33%	3.84%	4.74%	8.67%
Free Cash Flow Margin	2.45%	-2.12%	-0.16%	8.66%	-7.52%	3.03%
EBITDA	14.57	6.08	27.59	24.8	29.84	16.76
EBITDA Margin	3.13%	1.37%	5.34%	4.53%	10.46%	13.29%
D&A For EBITDA	3.34	3.29	3.07	2.53	1.32	1.01
EBIT	11.23	2.79	24.52	22.27	28.52	15.75
EBIT Margin	2.42%	0.63%	4.75%	4.07%	10.00%	12.49%
Effective Tax Rate	22.58%	20.90%	25.60%	24.28%	23.27%	24.95%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q