Friedman Industries Past Earnings Performance
Past criteria checks 2/6
Friedman Industries has been growing earnings at an average annual rate of 29.6%, while the Metals and Mining industry saw earnings growing at 22.6% annually. Revenues have been growing at an average rate of 31.3% per year. Friedman Industries's return on equity is 6.2%, and it has net margins of 1.7%.
Key information
29.6%
Earnings growth rate
27.6%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 31.3% |
| Return on equity | 6.2% |
| Net Margin | 1.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Friedman Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 470 | 8 | 42 | 0 |
| 30 Jun 24 | 494 | 12 | 44 | 0 |
| 31 Mar 24 | 516 | 17 | 45 | 0 |
| 31 Dec 23 | 508 | 18 | 58 | 0 |
| 30 Sep 23 | 504 | 19 | 57 | 0 |
| 30 Jun 23 | 523 | 18 | 51 | 0 |
| 31 Mar 23 | 548 | 21 | 45 | 0 |
| 31 Dec 22 | 498 | 8 | 16 | 0 |
| 30 Sep 22 | 438 | 4 | 15 | 0 |
| 30 Jun 22 | 381 | 14 | 15 | 0 |
| 31 Mar 22 | 285 | 14 | 12 | 0 |
| 31 Dec 21 | 259 | 30 | 14 | 0 |
| 30 Sep 21 | 236 | 35 | 14 | 0 |
| 30 Jun 21 | 168 | 23 | 10 | 0 |
| 31 Mar 21 | 126 | 11 | 8 | 0 |
| 31 Dec 20 | 110 | -2 | 6 | 0 |
| 30 Sep 20 | 110 | -5 | 5 | 0 |
| 30 Jun 20 | 125 | -6 | 5 | 0 |
| 31 Mar 20 | 142 | -5 | 5 | 0 |
| 31 Dec 19 | 151 | -3 | 5 | 0 |
| 30 Sep 19 | 167 | -2 | 4 | 0 |
| 30 Jun 19 | 180 | 2 | 4 | 0 |
| 31 Mar 19 | 187 | 5 | 5 | 0 |
| 31 Dec 18 | 189 | 9 | 5 | 0 |
| 30 Sep 18 | 174 | 9 | 5 | 0 |
| 30 Jun 18 | 146 | 7 | 5 | 0 |
| 31 Mar 18 | 121 | 4 | 4 | 0 |
| 31 Dec 17 | 98 | 1 | 4 | 0 |
| 30 Sep 17 | 86 | 0 | 4 | 0 |
| 30 Jun 17 | 78 | -1 | 4 | 0 |
| 31 Mar 17 | 78 | -3 | 4 | 0 |
| 31 Dec 16 | 73 | -3 | 4 | 0 |
| 30 Sep 16 | 75 | -2 | 4 | 0 |
| 30 Jun 16 | 80 | -2 | 4 | 0 |
| 31 Mar 16 | 82 | 0 | 5 | 0 |
| 31 Dec 15 | 91 | 0 | 5 | 0 |
| 30 Sep 15 | 96 | 0 | 5 | 0 |
| 30 Jun 15 | 104 | 1 | 5 | 0 |
| 31 Mar 15 | 108 | 0 | 4 | 0 |
| 31 Dec 14 | 115 | 1 | 5 | 0 |
| 30 Sep 14 | 120 | 2 | 5 | 0 |
| 30 Jun 14 | 114 | 1 | 4 | 0 |
| 31 Mar 14 | 116 | 2 | 5 | 0 |
| 31 Dec 13 | 116 | 3 | 5 | 0 |
Quality Earnings: FRD has high quality earnings.
Growing Profit Margin: FRD's current net profit margins (1.7%) are lower than last year (3.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FRD has become profitable over the past 5 years, growing earnings by 29.6% per year.
Accelerating Growth: FRD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FRD had negative earnings growth (-57.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (-29.4%).
Return on Equity
High ROE: FRD's Return on Equity (6.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
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.
| Analyst | Institution |
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