Friedman Industries (FRD) Depreciation and Depletion (2010 - 2023)
Friedman Industries' (FRD) quarterly Depreciation and Depletion came in at $620555.0 in Q1 2023, up 90.48% year-on-year from $325791.0 in Q1 2022, and down 12.15% quarter-over-quarter from $706391.0 in Q4 2022.
Friedman Industries (FRD) Depreciation and Depletion (2010 - 2023) Analysis & Trends
Friedman Industries has disclosed Depreciation and Depletion across 14 years of filings, most recently posting $620555.0 for Q1 2023.
- Depreciation and Depletion for Q1 2023 came in at $620555.0, up 90.48% year-over-year; the trailing twelve-month figure through Mar 2023 was $2.5 million (up 89.39% YoY), and the FY2025 annual result was $3.2 million, up 6.67% from the prior year.
- Depreciation and Depletion came in at $620555.0 for Q1 2023 at Friedman Industries, down from $706391.0 in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $706391.0 in Q4 2022 to a low of $195489.0 in Q3 2020.
- The 5-year median for Depreciation and Depletion is $325806.0 (2021), against an average of $389740.1.
- Across the five-year window, Depreciation and Depletion jumped 124.5% in 2020 and tumbled 52.97% in 2021, its largest moves.
- Friedman Industries' Depreciation and Depletion stood at $309593.0 in 2019, then tumbled by 35.63% to $199286.0 in 2020, then surged by 66.12% to $331045.0 in 2021, then soared by 113.38% to $706391.0 in 2022, then declined by 12.15% to $620555.0 in 2023.
- The last three Depreciation and Depletion figures came in at $620555.0 (Q1 2023), $706391.0 (Q4 2022), and $641952.0 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 321.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -749.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | - |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 239.00 Mn |
| 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 | - |
| 10 | Friedman Industries | 169.97 Mn | 165.36 Mn | 30.50 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 620,555.00 |
| Mar 31, 2023 | 620,555.00 |
| Dec 31, 2022 | 706,391.00 |
| Dec 31, 2022 | 706,391.00 |
| Sep 30, 2022 | 641,952.00 |
| Sep 30, 2022 | 641,952.00 |
| Jun 30, 2022 | 531,102.00 |
| Jun 30, 2022 | 531,102.00 |
| Mar 31, 2022 | 325,791.00 |
| Mar 31, 2022 | 325,791.00 |
| Dec 31, 2021 | 331,045.00 |
| Dec 31, 2021 | 331,045.00 |
| Sep 30, 2021 | 325,806.00 |
| Sep 30, 2021 | 325,806.00 |
| Jun 30, 2021 | 337,358.00 |
| Jun 30, 2021 | 337,358.00 |
| Mar 31, 2021 | 282,663.00 |
| Mar 31, 2021 | 282,663.00 |
| Dec 31, 2020 | 199,286.00 |
| Dec 31, 2020 | 199,286.00 |