Friedman Industries (FRD) Debt to Equity (2017 - 2025)

Friedman Industries' (FRD) quarterly Debt to Equity came in at $0.62 in Q4 2025, up 144.65% year-on-year from $0.26 in Q4 2024, and up 2296.57% quarter-over-quarter from $0.03 in Q3 2025.

Friedman Industries (FRD) Debt to Equity (2017 - 2025) Analysis & Trends

Friedman Industries has disclosed Debt to Equity across 7 years of filings, most recently posting $0.62 for Q4 2025.

  • Debt to Equity for Q4 2025 came in at $0.62, up 144.65% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.62 (up 144.65% YoY), and the FY2025 annual result was $0.0, down 99.34% from the prior year.
  • Debt to Equity came in at $0.62 for Q4 2025 at Friedman Industries, up from $0.03 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.02 in Q2 2022 to a low of $0.0 in Q1 2025.
  • The 5-year median for Debt to Equity is $0.32 (2023), against an average of $0.31.
  • Across the five-year window, Debt to Equity soared 1171.19% in 2022 and plunged 99.34% in 2025, its largest moves.
  • Friedman Industries' Debt to Equity stood at $0.03 in 2021, then jumped by 1171.19% to $0.42 in 2022, then dropped by 8.32% to $0.38 in 2023, then plunged by 32.98% to $0.26 in 2024, then soared by 144.65% to $0.62 in 2025.
  • The last three Debt to Equity figures came in at $0.62 (Q4 2025), $0.03 (Q3 2025), and $0.24 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 0.33
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 0.46
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 0.24
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 1.33
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 0.20
10 Friedman Industries 169.97 Mn 165.36 Mn 30.50 Mn 0.62

Historic Data

Download Data
DateValue
Dec 31, 2025 0.62
Sep 30, 2025 0.03
Jun 30, 2025 0.24
Mar 31, 2025 0.00
Dec 31, 2024 0.26
Sep 30, 2024 0.28
Jun 30, 2024 0.36
Mar 31, 2024 0.33
Dec 31, 2023 0.38
Sep 30, 2023 0.43
Jun 30, 2023 0.33
Mar 31, 2023 0.31
Dec 31, 2022 0.42
Sep 30, 2022 0.37
Jun 30, 2022 1.02
Mar 31, 2022 0.41
Dec 31, 2021 0.03
Sep 30, 2021 0.18
Jun 30, 2021 0.17
Mar 31, 2021 0.12