Friedman Industries, Incorporated

Friedman Industries, Incorporatedverified

FRD

Price:

$15.08

Market Cap:

$105.05M

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 Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and custo...[Read more]

Industry

Steel

IPO Date

1980-03-17

Stock Exchange

AMEX

Ticker

FRD

The ROE as of November 2024 (TTM) for Friedman Industries, Incorporated (FRD) is 6.32%

According to Friedman Industries, Incorporated’s latest financial reports and current stock price. The company's current ROE is 6.32%. This represents a change of 300.54% compared to the average of 1.58% of the last 4 quarters.

Friedman Industries, Incorporated (FRD) Historical ROE (quarterly & annually)

How has FRD ROE performed in the past?

The mean historical ROE of Friedman Industries, Incorporated over the last ten years is 6.74%. The current 6.32% ROE has changed -6.30% with respect to the historical average. Over the past ten years (40 quarters), FRD's ROE was at its highest in in the June 2021 quarter at 17.97%. The ROE was at its lowest in in the March 2022 quarter at -9.36%.

Quarterly (TTM)
Annual

Average

6.74%

Median

5.71%

Minimum

-7.85%

Maximum

18.49%

Friedman Industries, Incorporated (FRD) ROE by Quarter and Year

Discovering the peaks and valleys of Friedman Industries, Incorporated ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 60.78%

Maximum Annual ROE = 18.49%

Minimum Annual Increase = -1054.63%

Minimum Annual ROE = -7.85%

Quarterly (TTM)
Annual
YearROEChange
202413.61%-26.41%
202318.49%4.75%
202217.65%0.95%
202117.48%-322.72%
2020-7.85%-211.57%
20197.04%60.78%
20184.38%-198.61%
2017-4.44%-1054.63%
20160.46%-23.13%
20150.60%-77.65%

Friedman Industries, Incorporated (FRD) Average ROE

How has FRD ROE performed in the past?

The current ROE of Friedman Industries, Incorporated (FRD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

16.58%

5-year avg

11.88%

10-year avg

6.74%

Friedman Industries, Incorporated (FRD) ROE vs. Peers

How is FRD’s ROE compared to its peers?

Friedman Industries, Incorporated’s ROE is greater than ArcelorMittal S.A. (-0.66%), less than Aperam S.A. (8.59%), less than Acerinox, S.A. (4.56%), greater than Algoma Steel Group Inc. (-10.66%), greater than Schnitzer Steel Industries, Inc. (-7.20%), greater than Ferrexpo plc (-10.39%), less than Universal Stainless & Alloy Products, Inc. (11.22%), less than Olympic Steel, Inc. (4.69%), less than TimkenSteel Corporation (7.59%), less than POSCO Holdings Inc. (2.40%), greater than Outokumpu Oyj (-6.74%), greater than Ascent Industries Co. (-1.41%),

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