FRD (Friedman Industries) Gross Profit: $109.1 Mil (TTM As of Jun. 2026)

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FRD Friedman Industries Inc FRD
70 GF Score
Price $42.54
GF Value $26.71
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Friedman Industries Gross Profit?

Friedman Industries FRD -4.47% 70 Gross Profit is $109.1 Mil as of Jun. 2026. GuruFocus rates FRD with a GF Score™ of 70/100 and a GF Value™ of $26.71 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Friedman Industries's gross profit for the three months ended in Jun. 2026 was $42.3 Mil. Friedman Industries's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $109.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Friedman Industries's gross profit for the three months ended in Jun. 2026 was $42.3 Mil. Friedman Industries's Revenue for the three months ended in Jun. 2026 was $240.0 Mil. Therefore, Friedman Industries's Gross Margin % for the quarter that ended in Jun. 2026 was 17.64%.

Friedman Industries had a gross margin of 17.64% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Friedman Industries was 18.70%. The lowest was -0.25%. And the median was 11.51%.

Warning Sign:

Friedman Industries Inc gross margin has been in long-term decline. The average rate of decline per year is -7.2%.


Friedman Industries  (NAS:FRD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Friedman Industries had a gross margin of 17.64% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage


Friedman Industries Gross Profit Related Terms


Friedman Industries Gross Profit Historical Data

* Premium members only.

The historical data trend for Friedman Industries's Gross Profit 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 Gross Profit Chart

Friedman Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.99 69.98 72.42 45.48 86.50

Friedman Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit 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 19.75 17.24 19.30 30.21 42.33

FRD vs MSB, INHD, LUD: Gross Profit Comparison

For the Steel subindustry, Friedman Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Steel Industry

For the Steel industry and Basic Materials sector, Friedman Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Friedman Industries's Gross Profit falls into.


FRD
70GF Score
Friedman Industries Inc FRD
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Friedman Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Friedman Industries's Gross Profit for the fiscal year that ended in Mar. 2026 is calculated as

Gross Profit (A: Mar. 2026 )=Revenue - Cost of Goods Sold
=646.913 - 560.418
=86.5

Friedman Industries's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=239.971 - 197.646
=42.3

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $109.1 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Friedman Industries's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=42.3 / 239.971
=17.64 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $109.1 Mil mean?
Friedman Industries (FRD) has a Gross Profit of $109.1 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Friedman Industries and its competitors.
Is Friedman Industries' Gross Profit too high?
Friedman Industries' current Gross Profit is $109.1 Mil. Overall, Friedman Industries has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Gross Profit compare to MSB and INHD?
Friedman Industries' Gross Profit of $109.1 Mil 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 Gross Profit for a Steel company?
A good Gross Profit depends on the Steel industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Friedman Industries and its competitors. Friedman Industries's current Gross Profit is $109.1 Mil. 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 $26.71, compared to a current price of $42.54 — trading 59.3% above its estimated fair value. The current Gross Profit is $109.1 Mil. Friedman Industries' overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Friedman Industries (FRD), the current Gross Profit is $109.1 Mil as of Jun. 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 $42.54 is trading 59.3% above its estimated GF Value™ of $26.71. GuruFocus considers Friedman Industries to be Significantly Overvalued.

Key valuation signals for FRD:

  • Gross Profit: $109.1 Mil
  • GF Value™: $26.71 vs. price of $42.54 (59.3% above fair value)
  • GF Score™: 70/100 with 8 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.
70GF Score

Get the complete analysis for FRD

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.54
Price
$26.71
GF Value