Friedman Industries Inc.
FRD Basic Materials Steel
Friedman Industries Inc.’s revenue for fiscal 2026 (year ended March 2026) was $646.9 million, up 45.5% from fiscal 2025. In the quarter to June 2026, revenue grew 78.1%, EPS grew 152.1% and free cash flow fell 62.5%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
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Friedman Industries Inc. (FRD) P/E ratio
As of 16 October 2026, Friedman Industries Inc. (FRD) trades at a P/E ratio of 10.5×. Over the past ten years it has ranged from 0.0× (March 2021) to 624× (October 2015); the current reading is higher than 62% of that period. That is below the Steel industry median of 20.8× and below the Basic Materials sector median of 19.5×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2026 | 6.4× | (62.92%) |
| FY2025 | 17.3× | 126.12% |
| FY2024 | 7.7× | 98.51% |
| FY2023 | 3.9× | (12.00%) |
| FY2022 | 4.4× | (11.15%) |
| FY2021 | 4.9× | — |
| FY2020 | 0.0× | — |
| FY2019 | 10.6× | 1.52% |
| FY2018 | 10.4× | — |
| FY2017 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 8.4× | 30.53% |
| Mar 2026 | 6.4× | (30.44%) |
| Dec 2025 | 9.2× | (31.73%) |
| Sep 2025 | 13.5× | (2.04%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ZKIN ZK International Group Co., Ltd. compare | n/m |
| ASTL Algoma Steel Group Inc. compare | n/m |
| SID National Steel Company compare | n/m |
| MTL Mechel PAO compare | 0.8× |
| FRD Friedman Industries Inc. | 10.5× |
| NWPX NWPX Infrastructure, Inc. compare | 19.3× |
| MSB Mesabi Trust compare | 36.3× |
| MTUS Metallus Inc. compare | 108× |
| LUD Luda Technology Group Limited compare | — |
| Steel industry median | 20.8× |
| Basic Materials sector median | 19.5× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)