Friedman Industries (FRD) Interest Coverage Ratio (2017 - 2026)
Friedman Industries' (FRD) Interest Coverage Ratio stood at 17.18 in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 65.4% from 10.39 a year earlier and up 889.8% from the prior quarter.
Friedman Industries (FRD) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
On a TTM basis, Friedman Industries' Interest Coverage Ratio came in at 6.60 as of Jun 30, 2026, up 69.6% year-over-year; for FY2026 (ended Mar 31, 2026), it was 6.25, up 506.5% from FY2025.
- Across earlier fiscal years, Interest Coverage Ratio came in at 1.03 in FY2025 (-87.1%), 7.98 in FY2024 (-16.0%), 9.50 in FY2023 (-91.5%) and 111.84 in FY2022 (-82.5%).
- The fiscal Q1 2027 figure is the highest quarterly Interest Coverage Ratio since fiscal Q1 2024.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 278.9% in fiscal Q4 2024, against a decline of 100.0% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.74 (Q4 2026), 3.05 (Q3 2026) and 3.82 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Friedman Industries | 275.53 Mn | 260.46 Mn | 21.03 Mn | 17.18 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.18 |
| Mar 31, 2026 | 1.74 |
| Dec 31, 2025 | 3.05 |
| Sep 30, 2025 | 3.82 |
| Jun 30, 2025 | 10.39 |
| Mar 31, 2025 | 7.59 |
| Dec 31, 2024 | -1.88 |
| Sep 30, 2024 | -0.26 |
| Jun 30, 2024 | -2.05 |
| Mar 31, 2024 | 7.40 |
| Dec 31, 2023 | 7.81 |
| Sep 30, 2023 | 1.31 |
| Jun 30, 2023 | 19.18 |
| Mar 31, 2023 | 1.95 |
| Dec 31, 2022 | 3.19 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 28.72 |
| Mar 31, 2022 | -42.24 |
| Dec 31, 2021 | -95.89 |
| Sep 30, 2021 | 336.57 |
Friedman Industries Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FRD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();