← FRIEDMAN INDUSTRIES INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Net Sales $77.8m $121.2m $187.2m $142.1m $126.1m $285.2m $547.5m $516.3m $444.6m $646.9m
Cost of materials sold (excludes items shown separately below) — — — — — — — $491.7m $441.8m $518.7m
Selling, general and administrative $4.0m $4.2m $4.8m $5.1m $7.8m $12.5m $22.0m $21.0m $16.2m $28.6m
Depreciation and amortization — — — — — — $2.5m $3.1m $3.3m $3.8m
Gain on disposal of property, plant and equipment — — — — — — — $0 $258k $0
EARNINGS FROM OPERATIONS ($4.2m) $4.0m $6.4m ($6.9m) $15.7m $28.3m $21.1m $24.5m $3.0m $25.7m
Fair value adjustment of contingent consideration — — — — — — — — $0 $1.4m
Gain on economic hedges of risk — — — — — ($11.6m) $9.3m $1.8m $7.6m $3.4m
EARNINGS BEFORE INCOME TAXES ($4.2m) $4.1m $6.8m ($6.8m) $15.2m $18.3m $28.2m $23.3m $7.7m $26.4m
Current ($715k) $39k $2.1m ($405k) $2.5m $4.8m $3.5m $5.2m $1.4m $5.6m
Deferred taxes ($757k) $1.3m ($327k) ($1.2m) $1.3m ($562k) $3.3m $794k $221k $1.3m
Provision for income taxes, amount ($1.5m) $1.3m $1.7m ($1.6m) $3.8m $4.3m $6.8m $6.0m $1.6m $6.8m
NET EARNINGS ($2.7m) $2.8m $5.1m ($5.2m) $11.4m $14.1m $21.3m $17.3m $6.1m $19.5m
Basic (in dollars per share) ($0.39) $0.39 $0.73 ($0.75) $1.63 $2.04 $2.91 $2.39 $0.87 $2.76
Diluted (in dollars per share) ($0.39) $0.39 $0.73 ($0.75) $1.63 $2.04 $2.91 $2.39 $0.87 $2.76
Cash dividends declared per common share (in dollars per share) ($0.39) $0.39 $0.73 ($0.75) $1.63 $2.04 $0.08 $0.10 $0.16 $0.16
Processing and warehousing expense — — — — — — — — $33.5m $41.7m
Delivery expense — — — — — — — — $23.2m $28.4m
Costs and Expenses $82.0m $117.1m $180.8m $149.0m $110.4m $257.0m $526.5m $491.7m $441.8m $621.3m
Interest expense — $28k $18k $5k $25k $255k ($2.2m) ($3.1m) ($3.0m) ($4.1m)
Other income (expense) — — — $19k ($503k) ($9.9m) $27k $20k $5k ($7k)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.