Friedman Industries Reports Strong Q2 2025 Earnings

Friedman Industries, Incorporated ( (FRD) ) has released its Q1 earnings. Here is a breakdown of the information Friedman Industries, Incorporated presented to its investors.

Friedman Industries, Incorporated is a Texas-based company engaged in the manufacturing and processing of steel products, operating primarily in the flat-roll and tubular segments. In its latest earnings report for the quarter ended June 30, 2025, the company reported a significant increase in net sales, reaching $134.8 million compared to $114.6 million in the same quarter of the previous year. This growth was driven by higher sales volumes and improved market conditions.

Key financial highlights include a net earnings increase to $5.0 million, up from $2.6 million in the prior year, and an earnings per share of $0.71. The flat-roll segment saw a notable rise in sales, while the tubular segment experienced a slight decrease in sales volume but benefited from higher selling prices. The company also reported gains from economic hedges, contributing positively to its financial performance.

The company’s operating results were positively impacted by stable hot-rolled steel coil prices during the quarter, which helped improve margins. Additionally, Friedman Industries continues to utilize hedging strategies to manage commodity price risks effectively. The company maintains a strong balance sheet with a current ratio of 3.9 and working capital of $117.5 million.

Looking ahead, Friedman Industries remains optimistic about its financial position and operational capabilities. The company believes its current cash position, along with operational cash flows and borrowing capacity, is sufficient to meet its cash requirements for the next 12 months, as it continues to monitor market conditions and manage its resources efficiently.