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Friedman Industries (Friedman Industries) Net Margin % : 1.02% (As of Dec. 2023)


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What is Friedman Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Friedman Industries's Net Income for the three months ended in Dec. 2023 was $1.2 Mil. Friedman Industries's Revenue for the three months ended in Dec. 2023 was $116.0 Mil. Therefore, Friedman Industries's net margin for the quarter that ended in Dec. 2023 was 1.02%.

The historical rank and industry rank for Friedman Industries's Net Margin % or its related term are showing as below:

FRD' s Net Margin % Range Over the Past 10 Years
Min: -3.69   Med: 2.1   Max: 9.06
Current: 3.68


FRD's Net Margin % is ranked better than
55.04% of 605 companies
in the Steel industry
Industry Median: 2.92 vs FRD: 3.68

Friedman Industries Net Margin % Historical Data

The historical data trend for Friedman Industries's Net Margin % 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.

* Premium members only.

Friedman Industries Net Margin % Chart

Friedman Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 -3.69 9.06 4.93 3.90

Friedman Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 1.23 5.08 5.60 2.69 1.02

Competitive Comparison of Friedman Industries's Net Margin %

For the Steel subindustry, Friedman Industries's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Friedman Industries's Net Margin % falls into.



Friedman Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Friedman Industries's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=21.344/547.542
=3.90 %

Friedman Industries's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1.184/115.973
=1.02 %

* 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  (AMEX:FRD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Friedman Industries Net Margin % Related Terms

Thank you for viewing the detailed overview of Friedman Industries's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Friedman Industries (Friedman Industries) Business Description

Traded in Other Exchanges
Address
1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.
Executives
Max Alan Reichenthal director 865 LOCKWOOD DRIVE, HOUSTON TX 77020
Joel Spira director THREE GREENWAY PLAZA, SUITE 1750, HOUSTON TX 77046
Mike J Taylor director P.O. BOX 2192, LONGVIEW TX 75606
Sharon L Taylor director 4200 B STONE RD, KILGORE TX 75662
Alex Larue officer: VP - Secretary & Treasurer 7 PEBBLE CREEK DRIVE NORTH, LONGVIEW TX 75605
Durga D Agrawal director 2921 UNIVERSITY BLVD, HOUSTON TX 77005
Sandra Kay Scott director 11503 BISTRO LANE, HOUSTON TX 77082
Joe L Williams director P.O. BOX 1587, HOUSTON TX 77251
Tim Scott Stevenson director PO BOX 2192, LONGVIEW TX 75606
Robert Sparkman officer: President & COO P.O. BOX 2192, LONGVIEW TX 75605
Charles W Hall director 1301 MCKINNEY STE 5100, HOUSTON TX 77010
Benny Harper officer: Sr. VP-Finance 1301 MCKINNEY STE 5100, HOUSTON TX 77010
William E Crow director, officer: President and CEO P.O. BOX 1587, HOUSTON TX 77251
Hershel M Rich director P.O. BOX 1587, HOUSTON TX 77251
Harold Friedman director, 10 percent owner, officer: Vice Chairman of the Board 4001 HOMESTEAD ROAF, HOUSTON TX 77028

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