What is the 13F Pro Quality Score for FRD?

13F Pro ranks FRIEDMAN INDUSTRIES INC (FRD) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View FRD's current score at https://13fpro.ai/research/FRD (free sign-up required for the full ranking).

Where does 13F Pro source FRD data?

All FRIEDMAN INDUSTRIES INC fundamentals and ownership data come directly from SEC EDGAR. FRIEDMAN INDUSTRIES INC files with the SEC under CIK 39092. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is FRD in?

FRIEDMAN INDUSTRIES INC (FRD) is classified in the Materials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/materials.

How often is FRD research updated on 13F Pro?

FRD's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

FRIEDMAN INDUSTRIES INC(FRD)Stock Analysis

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13F Pro Quality Score

48.2/100

Rank #1,565 of 2,879 stocks

View Materials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

54.2/100

Profitability

43.8/100

Balance Sheet

64.5/100

Earnings Quality

15.1/100

Free Cash Flow

37.6/100

Institutional Flow

40.5/100

Revenue Scale

38.4/100

Dilution Risk

94.9/100

FRD Stock Analysis & AI Quality Score

AI stock analysis and institutional research for FRIEDMAN INDUSTRIES INC (FRD), a Materials sector company. 13F Pro's AI-powered ranking engine scores FRD at 48.2/100 on a 32-signal composite quality model, placing it at rank #1,565 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include earnings quality (15.1) and free cash flow (37.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q3 2026), FRIEDMAN INDUSTRIES INC reports quarterly revenue of $168.0M, net income of $3.0M, an operating margin of 2.3%. Top institutional holders of FRD by reported 13-F value include DIMENSIONAL FUND ADVISORS, De Lisle Partners LLP, GENDELL JEFFREY L, based on the most recent SEC filings. FRD trades on the Nasdaq exchange and files with the SEC under CIK 39092. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FRD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FRIEDMAN INDUSTRIES INC directly from SEC EDGAR. FRIEDMAN INDUSTRIES INC's 13F Pro composite quality score has ranged between 38 and 56 since 2024, currently 48.2 — a declining long-term trajectory across 15 quarterly and live scoring snapshots.

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Fun facts about FRIEDMAN INDUSTRIES INC

Quirks, history, and lore behind FRD — the kind of stuff that makes a stock memorable.

1
The Basics
A U.S. materials company · small-cap · listed on NYSE American · headquartered in Texas.
2
The Numbers
Annual revenue in the range of a few hundred million dollars, with results that swing sharply alongside steel prices — when the metal's hot, so is the bottom line.
3
The History
Founded in the 1960s, it has spent decades as a quiet but steady player in flat-rolled steel processing and distribution across the American South and Midwest.
4
The Secret
It doesn't run its own blast furnaces — it buys hot-rolled steel coils from mills and processes them into finished sheet products, making it a steel service center rather than a steelmaker.
5
The Lore
Its operations include both a coil processing division and a tubular products division, giving it a modest but diversified footprint in the unglamorous world of steel middlemen.
6
The Giveaway
Its ticker is FRD, it calls Lone Star, Texas home, and the founder's surname — a very presidential-sounding Friedman — is right there in the company name.

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Revenue

Q3 2026

$168.0M

Net Income

Q3 2026

$3.0M

Free Cash Flow

Q3 2026

$-6.3M

Operating Margin

Q3 2026

2.3%

ROIC

Q3 2026

2.7%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

-13.9% YoY

$444.6MFY 2025

FY21 $126.1MFY22 $285.2MFY24 $516.3MFY25 $444.6M

Net Income

-64.9% YoY

$6.1MFY 2025

FY21 $11.4MFY22 $14.1MFY24 $17.3MFY25 $6.1M

Operating Income

-87.6% YoY

$3.0MFY 2025

FY21 $15.7MFY22 $28.5MFY24 $24.5MFY25 $3.0M

EPS (Diluted)

-63.6% YoY

$0.87FY 2025

FY21 $1.63FY22 $2.04FY24 $2.39FY25 $0.87

Total Assets

-1.4% YoY

$226.8MFY 2025

FY21 $95.0MFY22 $159.3MFY24 $230.0MFY25 $226.8M

Op. Cash Flow

-188.6% YoY

$-4.4MFY 2025

FY21 $8.4MFY22 $-13.4MFY24 $5.0MFY25 $-4.4M

Metric	FY 2025	FY 2024	FY 2022	FY 2021	FY 2019	FY 2015
Revenue	$444.6M -13.9%	$516.3M +81.0%	$285.2M +126.2%	$126.1M -32.6%	$187.2M +72.8%	$108.3M
Net Income	$6.1M -64.9%	$17.3M +23.3%	$14.1M +23.1%	$11.4M +124.0%	$5.1M +1233.9%	$382.3K
Operating Income	$3.0M -87.6%	$24.5M -14.0%	$28.5M +81.4%	$15.7M +146.3%	$6.4M +921.7%	$624.8K
EPS (Diluted)	$0.87 -63.6%	$2.39 +17.2%	$2.04 +25.2%	$1.63 +123.3%	$0.73 +1116.7%	$0.06
Total Assets	$226.8M -1.4%	$230.0M +44.4%	$159.3M +67.6%	$95.0M +9.7%	$86.6M +29.3%	$67.0M
Operating Cash Flow	$-4.4M -188.6%	$5.0M +137.2%	$-13.4M -259.0%	$8.4M -12.5%	$9.6M	—

AI Insight: FRD Financial Trends

Revenue surged 79% from Q1 2024 to Q4 2025, but profit growth lagged dramatically and operating cash flow remains erratic.

• Revenue climbed from $132M (Q1 2024) to $168M (Q4 2025), a 27% gain in four quarters.

• Net income flat at $3–5M despite 79% revenue growth since Q1 2024; operating margin compressed to 2.4% in Q4 2025.

• Operating cash flow swung wildly: $-12M (Q1 2025) to $15M (Q2 2025) to $-5M (Q4 2025); no sustained positive trend.

⚠ Operating margin collapse: 5.3% (Q1 2024) to 2.4% (Q4 2025) despite 27% revenue growth in same period.

⚠ Equity rose 12% ($127M to $142M) while profitability declined; capital efficiency deteriorating.

AI Insight: FRD Ratio Trends

FRD collapsed into losses across 2024 but stabilized in 2025—profitability remains structurally depressed versus prior-year levels.

• Operating margin recovered to 2.3% in Q4 2025 from -1.3% in Q4 2024, but trails 5.2% in Q1 2024.

• ROIC rebounded to 11.0% (TTM) from deeply negative readings in Q3–Q4 2024, signaling operational stabilization.

• Net profit margin at 1.8% in Q4 2025 remains 50% below Q1 2024's 3.8%, reflecting persistent margin pressure.

⚠ Q3 2025 margins deteriorated sharply (OpMargin 1.9%, ROIC 8.3%)—seasonality or demand headwind to clarify.

⚠ ROE (8.6% Q4 2025) and ROA (3.9%) remain well below pre-downturn levels; capital efficiency under stress.

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Available Research

13F Pro tracks comprehensive data for FRIEDMAN INDUSTRIES INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of FRD

DIMENSIONAL FUND ADVISORS LP
$9.6M541,693 sh
De Lisle Partners LLP
$7.4M419,816 sh
GENDELL JEFFREY L
$6.3M354,576 sh
RENAISSANCE TECHNOLOGIES LLC
$5.9M331,282 sh
BlackRock, Inc.
$5.8M328,493 sh
VANGUARD CAPITAL MANAGEMENT LLC
$5.1M288,482 sh
Mink Brook Asset Management LLC
$2.9M162,900 sh
GEODE CAPITAL MANAGEMENT, LLC
$2.8M159,500 sh
Truffle Hound Capital, LLC
$2.7M150,000 sh
BRIDGEWAY CAPITAL MANAGEMENT, LLC
$2.1M119,855 sh

Fund	Value	Shares
DIMENSIONAL FUND ADVISORS LP	$9.6M	541,693
De Lisle Partners LLP	$7.4M	419,816
GENDELL JEFFREY L	$6.3M	354,576
RENAISSANCE TECHNOLOGIES LLC	$5.9M	331,282
BlackRock, Inc.	$5.8M	328,493
VANGUARD CAPITAL MANAGEMENT LLC	$5.1M	288,482
Mink Brook Asset Management LLC	$2.9M	162,900
GEODE CAPITAL MANAGEMENT, LLC	$2.8M	159,500
Truffle Hound Capital, LLC	$2.7M	150,000
BRIDGEWAY CAPITAL MANAGEMENT, LLC	$2.1M	119,855

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Is FRD a good stock to buy?

13F Pro's AI-powered analysis of FRIEDMAN INDUSTRIES INC (FRD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Materials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FRD are available on the FRD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own FRD?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FRD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of FRIEDMAN INDUSTRIES INC's investment landscape.