Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $77.8M | $121M | $187M | $142M | $126M | $285M | $548M | $516M | $445M |
| Revenue growth | — | — | 55.8% | 54.5% | -24.1% | -11.3% | 126.2% | 92.0% | -5.7% | -13.9% |
| Operating income | $23.4K | -$4.21M | $5.74M | $6.38M | -$6.86M | $15.7M | $28.5M | $21.1M | $24.5M | $3.04M |
| Operating margin | — | -5.4% | 4.7% | 3.4% | -4.8% | 12.5% | 10.0% | 3.8% | 4.7% | 0.7% |
| Net income | $294K | -$2.68M | $3.93M | $5.10M | -$5.25M | $11.4M | $14.1M | $21.3M | $17.3M | $6.08M |
| Net margin | — | -3.4% | 3.2% | 2.7% | -3.7% | 9.1% | 4.9% | 3.9% | 3.4% | 1.4% |
| EPS (diluted) | $0.04 | -$0.39 | $0.56 | $0.73 | -$0.75 | $1.63 | $2.04 | $2.91 | $2.39 | $0.87 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.03M | -$203K | $3.25M | $9.63M | $11.2M | $8.43M | -$13.4M | $63.9M | $4.98M | -$4.41M |
| Capital expenditures | $2.12M | $799K | $349K | $808K | $4.94M | $4.61M | $8.06M | $16.5M | $5.79M | $4.00M |
| Free cash flow | $902K | -$1.00M | $2.90M | $8.82M | $6.30M | $3.82M | -$21.5M | $47.4M | -$813K | -$8.41M |
| Share buybacks | — | — | — | — | — | $1.73M | $538K | $37.0K | $5.15M | $171K |
| Dividends paid | $272K | $274K | $280K | $1.19M | $840K | $564K | $551K | $589K | $581K | $1.11M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.80M | $1.46M | $4.05M | $11.7M | $17.1M | $8.19M | $2.60M | $2.99M | $2.89M | $3.69M |
| Total assets | $66.9M | $63.3M | $81.7M | $86.6M | $77.3M | $95.0M | $159M | $199M | $230M | $227M |
| Total liabilities | $3.65M | $2.91M | $13.1M | $14.1M | $10.5M | $29.7M | $79.6M | $83.9M | $103M | $94.4M |
| Shareholders' equity | $63.2M | $60.4M | $68.6M | $72.5M | $66.9M | $65.3M | $79.7M | $115M | $127M | $132M |
| Retained earnings | $31.7M | $28.8M | $36.7M | $40.5M | $34.5M | $45.4M | $58.9M | $79.7M | $96.3M | $101M |
| Shares (wtd avg diluted) | 6.80M | 6.85M | 7.01M | 7.01M | 7.00M | 6.70M | 6.62M | 7.22M | 7.18M | 6.94M |
Every figure is extracted from FRIEDMAN INDUSTRIES INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.