Friedman Industries (FRD) Current Leases (2019 - 2024)
Friedman Industries (FRD) posted Current Leases of $27000.0 for Q2 2024, down 50.0% sequentially from $54000.0 in Q1 2024, and down 74.77% YoY from $107000.0 in Q3 2023.
Friedman Industries (FRD) Current Leases (2019 - 2024) Analysis & Trends
Friedman Industries has reported Current Leases for 6 years, with the latest figure at $27000.0 in Q2 2024.
- Quarterly Current Leases fell 74.77% year-over-year to $27000.0 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $27000.0 (down 74.77% YoY) and the FY2024 annual result came in at $54000.0, down 49.53% from the prior year.
- Current Leases fell to $27000.0 in Q2 2024 per FRD's latest filing, from $54000.0 in the prior quarter.
- Over five years, Current Leases peaked at $108000.0 in Q3 2023 and troughed at $27000.0 in Q2 2024.
- A 5-year average of $95872.1 and a median of $103434.5 in 2021 frame the typical range for Current Leases.
- The sharpest annual moves came in 2022 and 2024: Current Leases climbed 2.25% in 2022, then slumped 74.77% in 2024.
- Over 5 years, Current Leases stood at $102196.0 in 2020, then rose by 1.95% to $104185.0 in 2021, then gained by 1.95% to $106214.0 in 2022, then declined by 23.74% to $81000.0 in 2023, then slumped by 66.67% to $27000.0 in 2024.
- According to Business Quant data, Current Leases over the past three periods registered $27000.0, $54000.0, and $81000.0 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | - |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | - |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | - |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 67.30 Mn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | - |
| 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 | - |
| 10 | Friedman Industries | 290.98 Mn | 285.08 Mn | 21.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 27,000.00 |
| Mar 31, 2024 | 54,000.00 |
| Dec 31, 2023 | 81,000.00 |
| Sep 30, 2023 | 108,000.00 |
| Jun 30, 2023 | 107,000.00 |
| Mar 31, 2023 | 107,000.00 |
| Dec 31, 2022 | 106,214.00 |
| Sep 30, 2022 | 105,703.00 |
| Jun 30, 2022 | 105,195.00 |
| Mar 31, 2022 | 105,000.00 |
| Dec 31, 2021 | 104,185.00 |
| Sep 30, 2021 | 103,684.00 |
| Jun 30, 2021 | 103,185.00 |
| Mar 31, 2021 | 102,689.00 |
| Dec 31, 2020 | 102,196.00 |
| Sep 30, 2020 | 101,704.00 |
| Jun 30, 2020 | 101,215.00 |
| Mar 31, 2020 | 100,728.00 |
| Dec 31, 2019 | 100,244.00 |