Friedman Industries, Incorporated

NasdaqGS:FRD Stock Report

Market Cap: US$149.6m

Friedman Industries Management

Management criteria checks 4/4

Friedman Industries' CEO is Mike Taylor, appointed in Feb 2019, has a tenure of 7.25 years. total yearly compensation is $700.73K, comprised of 94.5% salary and 5.5% bonuses, including company stock and options. directly owns 3.14% of the company’s shares, worth $4.70M. The average tenure of the management team and the board of directors is 7.3 years and 6.7 years respectively.

Key information

Mike Taylor

Chief executive officer

US$700.7k

Total compensation

CEO salary percentage94.54%
CEO tenure7.3yrs
CEO ownership3.1%
Management average tenure7.3yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

Seeking Alpha • Jan 16

Friedman Industries: Benefits From Higher HRC Prices, Beware Of A Return To The Mean

Summary Friedman Industries stock price increased in the second half of 2025, partly backed by improving gross margins and a capacity expansion announcement via an acquisition. Gross margins expanded mainly because of HRC price dynamics, unrelated to the underlying business. This exposes the company to lower gross margins in the future, if HRC prices decrease. On a cycle-average basis, and adjusting for the new capacity, the name offers a high single-digit or low double-digit earnings yield on a low return on assets, which I believe is fair but not attractive. Read the full article on Seeking Alpha
Analysis Article • Dec 20

Friedman Industries (NASDAQ:FRD) Has Announced A Dividend Of $0.04

Friedman Industries, Incorporated ( NASDAQ:FRD ) will pay a dividend of $0.04 on the 13th of February. This means the...
Analysis Article • Dec 16

Market Still Lacking Some Conviction On Friedman Industries, Incorporated (NASDAQ:FRD)

With a price-to-earnings (or "P/E") ratio of 13.3x Friedman Industries, Incorporated ( NASDAQ:FRD ) may be sending...
Analysis Article • Oct 18

Friedman Industries (NASDAQ:FRD) Has Announced A Dividend Of $0.04

The board of Friedman Industries, Incorporated ( NASDAQ:FRD ) has announced that it will pay a dividend on the 14th of...
Analysis Article • Sep 23

Friedman Industries' (NASDAQ:FRD) Dividend Will Be $0.04

The board of Friedman Industries, Incorporated ( NASDAQ:FRD ) has announced that it will pay a dividend on the 14th of...
Analysis Article • Sep 03

There's Reason For Concern Over Friedman Industries, Incorporated's (NASDAQ:FRD) Massive 46% Price Jump

Friedman Industries, Incorporated ( NASDAQ:FRD ) shares have had a really impressive month, gaining 46% after a shaky...
Analysis Article • May 04

Subdued Growth No Barrier To Friedman Industries, Incorporated (NASDAQ:FRD) With Shares Advancing 27%

Friedman Industries, Incorporated ( NASDAQ:FRD ) shareholders would be excited to see that the share price has had a...
Analysis Article • Apr 12

We Think Friedman Industries (NASDAQ:FRD) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

CEO Compensation Analysis

How has Mike Taylor's remuneration changed compared to Friedman Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

US$15m

Sep 30 2025n/an/a

US$11m

Jun 30 2025n/an/a

US$8m

Mar 31 2025US$701kUS$662k

US$6m

Dec 31 2024n/an/a

US$6m

Sep 30 2024n/an/a

US$8m

Jun 30 2024n/an/a

US$12m

Mar 31 2024US$2mUS$390k

US$17m

Dec 31 2023n/an/a

US$18m

Sep 30 2023n/an/a

US$19m

Jun 30 2023n/an/a

US$18m

Mar 31 2023US$1mUS$280k

US$21m

Dec 31 2022n/an/a

US$8m

Sep 30 2022n/an/a

US$4m

Jun 30 2022n/an/a

US$14m

Mar 31 2022US$1mUS$280k

US$14m

Dec 31 2021n/an/a

US$30m

Sep 30 2021n/an/a

US$35m

Jun 30 2021n/an/a

US$23m

Mar 31 2021US$380kUS$280k

US$11m

Dec 31 2020n/an/a

-US$2m

Sep 30 2020n/an/a

-US$5m

Jun 30 2020n/an/a

-US$6m

Mar 31 2020US$511kUS$280k

-US$5m

Compensation vs Market: Mike's total compensation ($USD700.73K) is about average for companies of similar size in the US market ($USD621.92K).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Taylor (66 yo)

7.3yrs
Tenure
US$700,734
Compensation

Mr. Michael J. Taylor, also known as Mike, has been Chairman of the Board at Friedman Industries, Incorporated since June 2, 2017 and as its Director since December 02, 2016. Mr. Taylor serves as President...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Taylor
Chairman of the Board7.3yrsUS$700.73k3.14%
$ 4.7m
Alex LaRue
CFO, Secretary & Treasurer12.8yrsUS$365.70k0.44%
$ 665.8k
Gaurav Chhibbar
Chief Operating Officerless than a yearno data0.72%
$ 1.1m
Jonathan Holcomb
Vice President of Sales and Purchasing10.3yrsno datano data
Kimberly Thomas
Director of Human Resources2.1yrsno datano data
7.3yrs
Average Tenure

Experienced Management: FRD's management team is seasoned and experienced (7.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Taylor
Chairman of the Board9.4yrsUS$700.73k3.14%
$ 4.7m
Joe Williams
Independent Director26.3yrsUS$46.00k0.46%
$ 688.0k
Sharon Taylor
Independent Director3.9yrsUS$58.00k0.11%
$ 165.6k
Max Reichenthal
Independent Director18.2yrsUS$55.00k0.48%
$ 713.0k
Sandra Scott
Independent Director3.9yrsUS$46.00k0.15%
$ 222.4k
Michael Hanson
Independent Director1.2yrsUS$3.00k0.0064%
$ 9.6k
Tim Stevenson
Independent Director6.7yrsUS$55.00k0.41%
$ 612.9k
6.7yrs
Average Tenure
63.5yo
Average Age

Experienced Board: FRD's board of directors are considered experienced (6.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 06:55
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Friedman Industries, Incorporated is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.