
Friedman Industries, Incorporated Income Statement 2025-2010 | FRD
Brief overview of income trends at Friedman Industries, Incorporated
The figures are compared over a five-year interval. Friedman Industries, Incorporated reported revenue of 142 million dollars in 2020 and 445 million dollars by 2025. Across the full period, sales moved by +212.9%; the average annual rate was 25.6%. The company expanded its revenue base at a high speed.
Gross profit changed from $2.6 million to $2.8 million (+6.7%). Revenue and direct costs changed at similar rates. The gross margin was 1.8% at the start and 0.6% at the end. There was no meaningful shift in gross profitability.
EBITDA changed from −989 thousand dollars to 6.3 million dollars (+740.3%). The operating result outpaced sales and points to improving efficiency. At the operating-margin level, the figure shifted from −0.7% to 1.4%. Higher profitability strengthens the quality of operating growth.
The net financial result changed from −$5.2 million to $6.1 million. The business moved out of a loss and ended the period with a profit.
Financial takeaway
Signs of deterioration dominate the five-year picture. The financial profile benefits from higher operating efficiency, net-income growth and revenue expansion. The overall view is constrained by a lower gross margin, limited gross profitability and a low EBITDA margin. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Friedman Industries, Incorporated
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
- | - | - | 61.4 M | 46.9 M | 29.8 M | 51.5 M | 43.1 M | 42.5 M | 42.1 M | 44.1 M | 58.3 M | 64.7 M | 79.5 M | 72.1 M | - |
Shares |
- | - | - | 6.62 M | 6.7 M | 7 M | 7.01 M | 7.01 M | 6.85 M | 6.8 M | 6.8 M | 6.8 M | 6.8 M | 6.8 M | 6.8 M | - |
Historical Prices |
13.2 | 9.27 | 7.83 | 8.28 | 5.39 | 7.16 | 5.69 | 6.02 | 4.83 | 5.95 | 7.69 | 9.08 | 8.31 | |||
Net Income |
6.08 M | 17.3 M | 21.3 M | 14.1 M | 11.4 M | -5.25 M | 5.1 M | 2.76 M | -2.68 M | 294 K | 382 K | 1.71 M | 6.14 M | 8.15 M | 8.16 M | - |
Revenue |
445 M | 516 M | 548 M | 285 M | 126 M | 142 M | 187 M | 121 M | 77.8 M | 81.6 M | 108 M | 116 M | 136 M | 162 M | 132 M | - |
Cost of Revenue |
442 M | 492 M | 504 M | 244 M | 103 M | 139 M | 174 M | 111 M | 77.9 M | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | 2.61 M | 12.9 M | 8.25 M | -192 K | 4.69 M | 5.08 M | 7.06 M | 14.4 M | 17.6 M | 17.3 M | - |
Operating Income |
3.04 M | 24.5 M | 21.1 M | 28.5 M | 15.7 M | -6.86 M | 6.38 M | 5.74 M | -4.21 M | 23.4 K | 625 K | 2.47 M | 9.09 M | 12.1 M | 12.1 M | - |
Interest Expense |
2.95 M | 3.07 M | 2.22 M | 255 K | 24.6 K | 4.81 K | 17.5 K | 27.8 K | - | - | - | - | - | - | - | - |
EBITDA |
6.33 M | 27.6 M | 23.6 M | 29.8 M | 16.7 M | -989 K | 9.47 M | 5.43 M | -2.62 M | 1.7 M | 2.35 M | 4.3 M | 10.9 M | 14 M | 13.9 M | - |
Operating Expenses |
- | - | - | - | - | 5.12 M | 4.78 M | 4.18 M | 4.02 M | 4.67 M | 4.45 M | 4.59 M | 5.31 M | 5.49 M | 5.25 M | - |
General and Administrative Expenses |
16.2 M | 21 M | 21.9 M | 12.5 M | 7.84 M | 5.12 M | 4.78 M | 4.18 M | 4.02 M | 4.67 M | 4.45 M | 4.59 M | 5.31 M | 5.49 M | 5.25 M | - |
All numbers in USD currency
Quarterly Income Statement Friedman Industries, Incorporated
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
6.97 M | 6.97 M | 6.97 M | 6.97 M | 6.97 M | 6.97 M | 6.94 M | 6.95 M | 6.94 M | 6.94 M | - | 7.25 M | 7.29 M | 7.29 M | - | - | - | - | - | 6.91 M | 6.9 M | 6.9 M | - | 7.04 M | 7.04 M | 7.07 M | 7.08 M | 7 M | 7 M | 7 M | 7 M | 7.01 M | 7.01 M | 7.01 M | - | 7.01 M | 7.01 M | 7.01 M | - | 6.8 M | 6.8 M | 6.8 M | - | 6.8 M | 6.8 M | 6.8 M | - | 6.8 M | 6.8 M | 6.8 M | - | 6.8 M | 6.8 M | 6.8 M | - | 6.8 M | 6.8 M | 6.8 M | - | 6.8 M | 6.8 M | 6.8 M | - |
Net Income |
3.04 M | 2.24 M | 5.03 M | 3.04 M | 2.24 M | 5.03 M | 2.57 M | -1.15 M | -675 K | 2.57 M | 7.69 M | 1.18 M | 3.51 M | 7.69 M | 11.2 M | 1.38 M | 15 M | 11.2 M | - | -2.96 M | 21.5 M | 11.3 M | 11.3 M | 2.13 M | 2.13 M | -250 K | -859 K | -881 K | -881 K | -1.54 M | 195 K | 665 K | 665 K | 2 M | 3.01 M | 161 K | 395 K | 364 K | 364 K | -237 K | -237 K | -604 K | -1.46 M | 485 K | 485 K | -193 K | 526 K | 188 K | 188 K | 766 K | -118 K | 487 K | 487 K | 27.7 K | 808 K | 1.15 M | 1.15 M | 1.64 M | 2.09 M | 1.8 M | 1.8 M | 2.31 M | 1.83 M |
Revenue |
168 M | 152 M | 135 M | 168 M | 152 M | 135 M | 115 M | 94.1 M | 107 M | 115 M | 137 M | 116 M | 131 M | 137 M | 162 M | 112 M | 423 M | 162 M | - | 51.7 M | 210 M | 158 M | 49.2 M | 28.5 M | 28.5 M | 24.9 M | 23.5 M | 28.2 M | 28.2 M | 40 M | 41 M | 43.3 M | 43.3 M | 53.4 M | 44 M | 28 M | 26.1 M | 23.1 M | 21.1 M | 16 M | 18.3 M | 22.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
164 M | 150 M | 128 M | 164 M | 150 M | 128 M | - | 2.22 M | 107 M | 116 M | 121 M | - | - | 121 M | 143 M | 106 M | 394 M | 143 M | - | 55.3 M | 167 M | 111 M | - | 24 M | 24 M | 23.8 M | 23.3 M | 28.1 M | 28.1 M | 40.8 M | 39.5 M | 41.4 M | 41.4 M | 49.5 M | - | 26.3 M | 24.6 M | 21.5 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17.7 M | 4.5 M | 1.09 M | 257 K | 1.87 M | 52.9 K | -783 K | 1.47 M | 840 K | 1.93 M | 3.94 M | 6.19 M | 5.18 M | 1.72 M | 1.5 M | 1.54 M | 536 K | 572 K | -45.7 K | -1.25 M | 177 K | 1.47 M | 908 K | 2.14 M | 356 K | 1.26 M | 2.42 M | 1.04 M | 1.69 M | 1.85 M | 1.08 M | 2.44 M | 3.09 M | 2.88 M | 3.78 M | 4.65 M | 4.63 M | 3.93 M | 4.89 M | 4.16 M | - |
Operating Income |
3.9 M | 2.88 M | 7.04 M | 3.9 M | 2.88 M | 7.04 M | -1.4 M | -1.19 M | -224 K | -1.4 M | 10.4 M | 6.17 M | 1.06 M | 10.4 M | 11.9 M | 1.43 M | 13.8 M | 12.3 M | - | -5.6 M | 32.8 M | 38.3 M | - | 2.76 M | 2.76 M | -317 K | -1.14 M | -1.15 M | -2.04 M | 263 K | 263 K | - | - | 4.7 M | - | - | - | 505 K | - | - | - | -2.35 M | - | - | - | 788 K | - | - | - | - | - | 1.2 M | 407 K | 1.83 M | - | 2.12 M | 9.17 M | 7.05 M | - | 3.12 M | 10.9 M | 7.78 M | - |
Interest Expense |
1.28 M | 754 K | 678 K | 1.28 M | 754 K | 678 K | 681 K | 632 K | 869 K | 681 K | 540 K | 790 K | 805 K | 540 K | 429 K | 448 K | 1.5 M | 429 K | - | 58.4 K | 154 K | 95.5 K | - | 6.15 K | 6.15 K | 6.26 K | 5.95 K | 2.46 K | 2.46 K | - | - | 1.79 K | 1.79 K | 15.8 K | - | 8.45 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
6.69 M | 4.66 M | 7.89 M | 4.91 M | 3.82 M | 7.89 M | -603 K | -360 K | 599 K | -603 K | 11.1 M | 6.93 M | 1.81 M | 11.1 M | 12.4 M | 1.43 M | 15.7 M | 12.8 M | - | -5.6 M | 33.8 M | 39 M | - | 2.76 M | 3.49 M | 214 K | -805 K | -1.15 M | -1.11 M | 877 K | 568 K | - | 1.07 M | 5.41 M | - | - | - | 787 K | - | - | 1.2 M | -1.54 M | - | - | 1.28 M | 1.64 M | - | - | 1.37 M | 888 K | - | 1.2 M | 1.78 M | 2.74 M | - | 2.12 M | 10.5 M | 7.95 M | - | 3.12 M | 12.3 M | 8.7 M | - |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 920 K | 4.66 M | 3.74 M | - | 736 K | 736 K | 718 K | 735 K | 587 K | 614 K | 627 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
7.15 M | 6.29 M | 5.46 M | 7.15 M | 6.29 M | 5.46 M | 4.51 M | 3.89 M | 3.94 M | 4.51 M | 5.97 M | 4.24 M | 4.73 M | 5.94 M | 6.35 M | 4.7 M | 15.7 M | 6.35 M | - | 1.99 M | 10.6 M | 8.64 M | - | 1.73 M | 1.73 M | 1.4 M | 1.39 M | 1.2 M | 1.2 M | 1.25 M | 1.21 M | 1.05 M | 1.05 M | 1.29 M | - | 999 K | 925 K | 1.04 M | - | 957 K | 2.97 M | 2.01 M | - | 1.1 M | 3.67 M | 2.57 M | - | 976 K | 3.41 M | 2.43 M | - | 1.12 M | 3.47 M | 2.35 M | - | 1.18 M | 4.07 M | 2.88 M | - | 1.24 M | 4.09 M | 2.85 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Friedman Industries, Incorporated (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.