FRD NASDAQ
Credit Risk of going bust: higher than 63% of companies Debt: 25.3% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $1.39 (down 97%), Friedman Industries, Incorporated would be worth roughly what it owes.
Total debt $101.3M against a stock market value of $299.3M.
Distance to default 3.98 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $48.7M (short-term plus half of long-term), stock volatility 54.9%; Altman Z 4.35. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Longview, TX 75601
US
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide array of products, such as steel buildings, railway carriages, barges, storage tanks, shipping containers, trailers, various component parts, and other fabricated steel goods. Meanwhile, the Tubular segment is dedicated to producing different types of pipes, including those for line applications, oil country purposes (OCTG), and structural uses. This segment's products are primarily sold to steel and pipe distributors through Friedman Industries' internal sales force. Friedman Industries, Incorporated was founded in 1965 and is headquartered in Longview, Texas.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Taylor Mike J | A-Award | 30,000 | — | 2026-06-03 |
| LaRue Alex | A-Award | 10,000 | — | 2026-06-03 |
| Chhibbar Gaurav | A-Award | 15,000 | — | 2026-06-03 |
| Chhibbar Gaurav | P-Purchase | 400 | $16.94 | 2026-03-18 |
| Taylor Mike J | P-Purchase | 500 | $18.00 | 2026-03-09 |