Friedman Industries, Inc. (FRD)
NASDAQMaterialsSteelSnapshot 2026-11-05
$35.50-8.48%
Close 2026-11-05 · 1-day change
NASDAQMaterialsSteelSnapshot 2026-11-05
QuarterlyIQ Insights · FRD
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
“The second quarter was the strongest in Friedman’s history, with records across: sales volume, revenue and net earnings,” said Michael J.
Stated in 3 of 3 supplied quarters. Management reported: “FINANCIAL RESULTS Sales volume reached approximately 219,500 tons during the quarter ended September 30, 2026 quarter (the “2026 quarter”), an increase of approximately 40,500 tons, or 23%, compared to the quarter ended September 30, 2025 (the “2025 quarter”).” “FINANCIAL RESULTS Sales volume reached approximately 206,000 tons during the quarter ended June 30, 2026 quarter (the “2026 quarter”), an increase of approximately 45,500 tons, or 28%, compared to the quarter ended June 30, 2025 (the “2025 quarter”).”
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Materials names rated strong grew net income 63% of the time over the next year (vs 47% for the rest of the cohort, n=1960).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
““The second quarter was the strongest in Friedman’s history, with records across: sales volume, revenue and net earnings,” said Michael J.”
“"We are pleased to begin fiscal 2027 with another quarter of record sales volume and significantly improved financial performance," said Michael J.”
““Fourth quarter net earnings increased to $9.2 million on sales of $191.8 million, while sales volume reached the highest quarterly level in Company history.”
OUTLOOK The Company expects third quarter sales volume consistent with seasonal trends and anticipates sequential improvement in sales margins driven by increases in average selling prices during the…
Stated in 3 of 3 supplied quarters. Management reported: “OUTLOOK The Company expects third quarter sales volume consistent with seasonal trends and anticipates sequential improvement in sales margins driven by increases in average selling prices during the third quarter.” “OUTLOOK The Company expects second quarter sales volumes to be comparable to first quarter volumes and anticipates sequential improvement in sales margins driven by increases in average selling prices during the second quarter.”
“OUTLOOK The Company expects third quarter sales volume consistent with seasonal trends and anticipates sequential improvement in sales margins driven by increases in average selling prices during the…”
“OUTLOOK The Company expects second quarter sales volumes to be comparable to first quarter volumes and anticipates sequential improvement in sales margins driven by increases in average selling price…”
“Management anticipates sequential improvement in sales margins driven by increases in average selling prices during the first quarter.”
We are also particularly encouraged by the progress in our tubular segment, where ongoing process and capital improvements have strengthened production capabilities and supported expanded sales, resu…
Stated in 3 of 3 supplied quarters. Management reported: “We are also particularly encouraged by the progress in our tubular segment, where ongoing process and capital improvements have strengthened production capabilities and supported expanded sales, resulting in an 82% increase in sales volume compared to the prior-year quarter.” “Century Metals has integrated exceptionally well into our platform and continues to contribute meaningfully to both growth and profitability while expanding our geographic reach and customer offering.”
“We are also particularly encouraged by the progress in our tubular segment, where ongoing process and capital improvements have strengthened production capabilities and supported expanded sales, resu…”
“Century Metals has integrated exceptionally well into our platform and continues to contribute meaningfully to both growth and profitability while expanding our geographic reach and customer offering.”
“In addition, the Century Metals acquisition has proven to be an excellent strategic fit by expanding our processing capabilities, enhancing our geographic reach, and contributing meaningfully to both…”
"We enter the second quarter with strong operating momentum and expect sales volumes to remain comparable to our record first quarter levels, while higher average selling prices are anticipated to dr…
Continue paying quarterly dividends to shareholders at consistent levels.
Over the trailing year it converted 0.43x of net income into operating cash flow. Historically, Materials names rated fragile grew net income 46% of the time over the next year (vs 53% for the rest of the cohort, n=1429).
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
13 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Materials names rated neutral grew net income 50% of the time over the next year (vs 55% for the rest of the cohort, n=2453).
Not investment advice. As of 2026-11-05.