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Friedman Industries

Friedman Industries

Revenue

$285.2 M

FY, 2022

Market Capitalization

$53.9 M

2022-09-20

Friedman Industries Summary

Company summary

Overview
Friedman Industries is a corporation engaged in steel processing, pipe manufacturing and processing and steel and pipe distribution. The Company has two product groups: coil and tubular products. Friedman Industries purchases prime hot-rolled steel coils, processes the coils into flat, finished sheet and plate and sells these products on a wholesale basis. Through its Texas Tubular Products Division the Company manufactures, purchases, processes and markets tubular products (pipe).
Type
Public
Founded
1965
HQ
Longview, TX, US | view all locations
Website
http://www.friedmanindustries.com/
Cybersecurity rating
Sectors

Key people

  • Robert McCain, Vice President of Operations – Decatur Facility (Employee Since 1976)

    • Howard Henderson, Vice President of Operations – Texas Tubular Products (Employee Since 1995)

      LocationsView all

      3 locations detected

      • Longview, TX HQ

        United States

        1121 Judson Rd #124

      • Decatur, AL

        United States

        1468 Northpark Dr NW

      • Lone Star, TX

        United States

        3681 FM250

      Friedman Industries Financials

      Summary financials

      Revenue (FY, 2022)
      $285.2M
      Gross profit (FY, 2022)
      $41.0M
      Net income (FY, 2022)
      $14.1M
      Cash (FY, 2022)
      $2.6M
      EBIT (FY, 2022)
      $28.3M
      Enterprise value
      $69.7M

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