FRD (Friedman Industries) Effective Interest Rate on Debt %: 5.67% (As of Mar. 2026)


FRD Friedman Industries Inc FRD
72 GF Score
Price $34.26
GF Value $22.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Friedman Industries Effective Interest Rate on Debt %?

Friedman Industries FRD +0.53% 72 Effective Interest Rate on Debt % is 5.67% as of Mar. 2026. GuruFocus rates FRD with a GF Score™ of 72/100 and a GF Value™ of $22.28 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Friedman Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $5.6 Mil. Friedman Industries's average total debt for the quarter that ended in Mar. 2026 was $98.3 Mil. Therefore, Friedman Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 5.67%.


Friedman Industries  (NAS:FRD) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Friedman Industries Effective Interest Rate on Debt % Related Terms


Friedman Industries Effective Interest Rate on Debt % Historical Data

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The historical data trend for Friedman Industries's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Friedman Industries Effective Interest Rate on Debt % Chart

Friedman Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 8.37 7.92 6.31 5.45

Friedman Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.19 6.29 4.74 5.44 5.67

FRD vs INHD, MSB, LUD: Effective Interest Rate on Debt % Comparison

For the Steel subindustry, Friedman Industries's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Friedman Industries Effective Interest Rate on Debt % vs Steel Industry

For the Steel industry and Basic Materials sector, Friedman Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Friedman Industries's Effective Interest Rate on Debt % falls into.


FRD
72GF Score
Friedman Industries Inc FRD
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Friedman Industries Effective Interest Rate on Debt % Calculation

Friedman Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -4.104/( (50.48+100.15)/ 2 )
=-1  *  -4.104/75.315
=5.45 %

where

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=100.15 + 0
=100.15

Friedman Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -5.576/( (96.377+100.15)/ 2 )
=-1  *  -5.576/98.2635
=5.67 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.377 + 0
=96.377

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=100.15 + 0
=100.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 5.67% mean?
Friedman Industries (FRD) has a Effective Interest Rate on Debt % of 5.67% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Friedman Industries and its competitors.
Is Friedman Industries' Effective Interest Rate on Debt % too high?
Friedman Industries' current Effective Interest Rate on Debt % is 5.67%. Overall, Friedman Industries has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Effective Interest Rate on Debt % compare to INHD and MSB?
Friedman Industries' Effective Interest Rate on Debt % of 5.67% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Steel company?
A good Effective Interest Rate on Debt % depends on the Steel industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Friedman Industries and its competitors. Friedman Industries's current Effective Interest Rate on Debt % is 5.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.28, compared to a current price of $34.26 — trading 53.8% above its estimated fair value. The current Effective Interest Rate on Debt % is 5.67%. Friedman Industries' overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Friedman Industries (FRD), the current Effective Interest Rate on Debt % is 5.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Friedman Industries (FRD) Overvalued in 2026?

Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued. The current stock price of $34.26 is trading 53.8% above its estimated GF Value™ of $22.28. GuruFocus considers Friedman Industries to be Significantly Overvalued.

Key valuation signals for FRD:

  • Effective Interest Rate on Debt %: 5.67%
  • GF Value™: $22.28 vs. price of $34.26 (53.8% above fair value)
  • GF Score™: 72/100 with 9 warning signs

No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Friedman Industries Business Description

Other Exchanges X36:Germany
Address 1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
72GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.26
Price
$22.28
GF Value