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| Date | Value |
|---|---|
| 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 |