Friedman Industries, Incorporated

NYSEAM:FRD Stock Report

Market Cap: US$106.5m

Friedman Industries Management

Management criteria checks 2/4

Friedman Industries' CEO is Mike Taylor, appointed in Feb 2019, has a tenure of 5.92 years. total yearly compensation is $1.61M, comprised of 24.2% salary and 75.8% bonuses, including company stock and options. directly owns 2.36% of the company’s shares, worth $2.51M. The average tenure of the management team and the board of directors is 5.9 years and 8.1 years respectively.

Key information

Mike Taylor

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage24.2%
CEO tenure5.9yrs
CEO ownership2.4%
Management average tenure5.9yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

The Friedman Industries (NYSEMKT:FRD) Share Price Is Up 51% And Shareholders Are Holding On

Feb 07
The Friedman Industries (NYSEMKT:FRD) Share Price Is Up 51% And Shareholders Are Holding On

We Wouldn't Be Too Quick To Buy Friedman Industries, Incorporated (NYSEMKT:FRD) Before It Goes Ex-Dividend

Jan 03
We Wouldn't Be Too Quick To Buy Friedman Industries, Incorporated (NYSEMKT:FRD) Before It Goes Ex-Dividend

Does Friedman Industries (NYSEMKT:FRD) Have A Healthy Balance Sheet?

Dec 19
Does Friedman Industries (NYSEMKT:FRD) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Mike Taylor's remuneration changed compared to Friedman Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Dec 31 2019n/an/a

-US$3m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

US$2m

Mar 31 2019US$272kUS$32k

US$5m

Dec 31 2018n/an/a

US$9m

Sep 30 2018n/an/a

US$9m

Jun 30 2018n/an/a

US$7m

Mar 31 2018US$31kn/a

US$4m

Compensation vs Market: Mike's total compensation ($USD1.61M) is above average for companies of similar size in the US market ($USD649.25K).

Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Mike Taylor (65 yo)

5.9yrs

Tenure

US$1,614,524

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 Board5.9yrsUS$1.61m2.36%
$ 2.5m
Alex LaRue
CFO, Secretary & Treasurer11.4yrsUS$693.58k0.32%
$ 345.7k
Paul Rottmann
Vice President of Flat Roll Operations & Operations1.9yrsno datano data
Jonathan Holcomb
Vice President of Sales and Purchasing9yrsno datano data
Kimberly Thomas
Director of Human Resourcesless than a yearno datano data

5.9yrs

Average Tenure

Experienced Management: FRD's management team is seasoned and experienced (5.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Taylor
Chairman of the Board8.1yrsUS$1.61m2.36%
$ 2.5m
Joe Williams
Independent Director25yrsUS$46.00k0.45%
$ 482.8k
Durga Agrawal
Independent Director18.1yrsUS$46.00k0.38%
$ 405.2k
Sharon Taylor
Independent Director2.6yrsUS$56.50k0.097%
$ 103.1k
Max Reichenthal
Independent Director16.8yrsUS$55.00k0.47%
$ 500.9k
Sandra Scott
Independent Director2.6yrsUS$46.00k0.097%
$ 103.1k
Tim Stevenson
Independent Director5.3yrsUS$55.00k0.38%
$ 405.2k

8.1yrs

Average Tenure

65yo

Average Age

Experienced Board: FRD's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 00:49
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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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.

AnalystInstitution