FRD (Friedman Industries) Interest Expense: $-4.1 Mil (TTM As of Mar. 2026)


FRD Friedman Industries Inc FRD
75 GF Score
Price $35.14
GF Value $22.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Friedman Industries Interest Expense?

Friedman Industries FRD +10.19% 75 Interest Expense is $-4.1 Mil as of Mar. 2026. GuruFocus rates FRD with a GF Score™ of 75/100 and a GF Value™ of $22.23 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Friedman Industries's interest expense for the three months ended in Mar. 2026 was $ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.1 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Friedman Industries's Operating Income for the three months ended in Mar. 2026 was $ 11.8 Mil. Friedman Industries's Interest Expense for the three months ended in Mar. 2026 was $ -1.4 Mil. Friedman Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 8.49. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Friedman Industries  (NAS:FRD) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Friedman Industries's Interest Expense for the three months ended in Mar. 2026 was $-1.4 Mil. Its Operating Income for the three months ended in Mar. 2026 was $11.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $100.2 Mil.

Friedman Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*11.83/-1.394
=8.49

* 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.

The higher the ratio, the stronger the company's financial strength is.

Friedman Industries Interest Expense Historical Data

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The historical data trend for Friedman Industries's Interest Expense 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 Interest Expense Chart

Friedman Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -2.22 -3.07 -2.95 -4.10

Friedman Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -0.77 -0.68 -0.75 -1.28 -1.39
FRD
75GF Score
Friedman Industries Inc FRD
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Friedman Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.1 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-4.1 Mil mean?
Friedman Industries (FRD) has a Interest Expense of $-4.1 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Friedman Industries and its competitors.
Is Friedman Industries' Interest Expense too high?
Friedman Industries' current Interest Expense is $-4.1 Mil. Overall, Friedman Industries has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Interest Expense compare to INHD and MSB?
Friedman Industries' Interest Expense of $-4.1 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 Interest Expense for a Steel company?
A good Interest Expense depends on the Steel industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Friedman Industries and its competitors. Friedman Industries's current Interest Expense is $-4.1 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 $22.23, compared to a current price of $35.14 — trading 58.1% above its estimated fair value. The current Interest Expense is $-4.1 Mil. Friedman Industries' overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Friedman Industries (FRD), the current Interest Expense is $-4.1 Mil 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 $35.14 is trading 58.1% above its estimated GF Value™ of $22.23. GuruFocus considers Friedman Industries to be Significantly Overvalued.

Key valuation signals for FRD:

  • Interest Expense: $-4.1 Mil
  • GF Value™: $22.23 vs. price of $35.14 (58.1% above fair value)
  • GF Score™: 75/100 with 5 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.
75GF Score

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

$35.14
Price
$22.23
GF Value