FRD

Friedman Industries, Inc.

Halal Rating :
Comfortable
See Details
Last Price $14.56 Last updated:
Market Cap $97.23m
7D Change -0.92%
1 Year Change 21.19%

Company Overview

Industries
  • Manufacturing
  • Steel Works
  • Blast Furnaces & Steel Works
Exchange NYSE
Next Earnings Date

Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. The company was incorporated in 1965 and is headquartered in Longview, Texas.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $106.76m $107.85m - $869000.0 0.00% 0.81%
June 30, 2024 $114.55m $116.63m - $681000.0 0.00% 0.58%
March 31, 2024 $132.23m $129.43m - $4.13m 0.00% 3.19%

Company Impact

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Justification for our Halal Rating

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