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Friedman Industries, Incorporated (FRD) is a non-energy raw materials company in the metal refining and recovery operations industry, based in Longview, United States, with about 381 full-time employees.
It reported revenue of $444.60 million for fiscal year 2025, down 13.9% from fiscal year 2024, and net income of $6.09 million. In Q3 2026 (the quarter ended December 31, 2025) revenue was $167.97 million, up 78.6% from a year before. Its largest business segment, Flat-roll, brought in 92% of segment revenue in fiscal year 2026. Its market capitalization was $302.79 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended March 31, 2025; market data as of October 9, 2026.
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. The company operates in two segments, Flat-Roll Products and Tubular Products.
Friedman Industries reported $444.60 million in revenue for fiscal year 2025, down 13.9% from $516.25 million in fiscal year 2024. In Q3 2026 revenue was $167.97 million.
Flat-roll, with $596.13 million or 92% of segment revenue in fiscal year 2026. Next: Tubular (8%).
$302.79 million as of October 9, 2026.
Listed companies of a similar size in the same industry (metal refining and recovery operations) include AZZ Inc. (AZZ), Worthington Steel, Inc. (WS), Mayville Engineering Company, Inc. (MEC), GrafTech International Ltd. (EAF).