Friedman Industries (FRD) Asset Utilization Ratio (2011 - 2026)
Friedman Industries (FRD) posted Asset Utilization Ratio of 1.99 for Q1 2026, up 6.35% sequentially from 1.88 in Q4 2025, and down 1.96% YoY from 2.03 in Q1 2025.
Friedman Industries (FRD) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Friedman Industries has reported Asset Utilization Ratio for 16 years, with the latest figure at 1.99 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 1.96% year-over-year to 1.99 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.99 (down 1.96% YoY) and the FY2026 annual result came in at 2.3, up 17.94% from the prior year.
- Asset Utilization Ratio improved to 1.99 in Q1 2026 per FRD's latest filing, from 1.88 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.72 in Q1 2023 and troughed at 1.81 in Q2 2022.
- A 5-year average of 2.14 and a median of 2.13 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio soared 47.46% in 2023, then slipped 17.17% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 2.4 in 2022, then declined by 6.03% to 2.25 in 2023, then retreated by 5.27% to 2.13 in 2024, then slipped by 12.13% to 1.88 in 2025, then increased by 6.35% to 1.99 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.99, 1.88, and 1.92 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 0.66 |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 0.99 |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | 0.64 |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 1.21 |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 1.44 |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | 0.95 |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 0.92 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 1.03 |
| 10 | Friedman Industries | 290.98 Mn | 285.08 Mn | 21.03 Mn | 2.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.12 |
| Mar 31, 2026 | 1.99 |
| Dec 31, 2025 | 1.88 |
| Sep 30, 2025 | 1.92 |
| Jun 30, 2025 | 2.08 |
| Mar 31, 2025 | 2.03 |
| Dec 31, 2024 | 2.13 |
| Sep 30, 2024 | 2.17 |
| Jun 30, 2024 | 2.18 |
| Mar 31, 2024 | 2.25 |
| Dec 31, 2023 | 2.25 |
| Sep 30, 2023 | 2.33 |
| Jun 30, 2023 | 2.55 |
| Mar 31, 2023 | 2.72 |
| Dec 31, 2022 | 2.40 |
| Sep 30, 2022 | 1.85 |
| Jun 30, 2022 | 1.81 |
| Mar 31, 2022 | 1.84 |
| Dec 31, 2021 | 1.80 |
| Sep 30, 2021 | 1.61 |