FRIEDMAN INDUSTRIES INC Income Statement
FRD|6 years of annual SEC 10-K data (FY2011-FY2017)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
FRIEDMAN INDUSTRIES INC reported $78M in revenue and $3M in net loss for FY2017. Revenue has declined at a 8.4% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 3.68 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|
| Revenue | $77.8M | $81.6M | $108.3M | $136.4M | $161.5M | $131.7M |
| Cost of Revenue | $77.9M | $76.9M | $103.2M | $122.0M | $143.9M | $114.4M |
| Gross Profit | $1.3M | -$1.3M | $2.1M | $2.4M | $4.6M | - |
| SG&A Expense | $4.0M | $4.7M | $4.5M | $5.3M | $5.5M | $5.3M |
| Operating Income | -$4.2M | $23.4K | $624.8K | $9.1M | $12.1M | $12.1M |
| Interest Expense | $27.8K | - | - | - | - | - |
| Income Tax | -$1.5M | $104.7K | $303.5K | $3.0M | $4.1M | $4.0M |
| Net Income | -$2.7M | $294.0K | $382.3K | $6.1M | $8.2M | $8.2M |
| EPS (Basic) | -$0.39 | $0.04 | $0.06 | $0.90 | $1.20 | $1.20 |
| EPS (Diluted) | -$0.39 | $0.04 | $0.06 | $0.90 | $1.20 | $1.20 |
| Shares Outstanding | 6.9M | 6.8M | 6.8M | 6.8M | 6.8M | 6.8M |
| Gross Margin | 1.6% | -1.5% | 2.0% | 1.8% | 2.9% | - |
| Operating Margin | -5.4% | 0.0% | 0.6% | 6.7% | 7.5% | 9.2% |
| Profit Margin | -3.4% | 0.4% | 0.4% | 4.5% | 5.1% | 6.2% |