Friedman Industries (FRD) Interest Coverage Ratio (2017 - 2025)

Friedman Industries' (FRD) quarterly Interest Coverage Ratio came in at 3.05 in Q4 2025, down 262.44% year-on-year from 1.88 in Q4 2024, and up 20.1% quarter-over-quarter from 3.82 in Q3 2025.

Friedman Industries (FRD) Interest Coverage Ratio (2017 - 2025) Analysis & Trends

Friedman Industries has disclosed Interest Coverage Ratio across 9 years of filings, most recently posting 3.05 for Q4 2025.

  • Interest Coverage Ratio for Q4 2025 came in at 3.05, down 262.44% year-over-year; the trailing twelve-month figure through Dec 2025 was 9.26 (down 126.27% YoY), and the FY2025 annual result was 1.03, down 112.91% from the prior year.
  • Interest Coverage Ratio came in at 3.05 for Q4 2025 at Friedman Industries, up from 3.82 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 606.81 in Q2 2021 to a low of 95.89 in Q4 2021.
  • The 5-year median for Interest Coverage Ratio is 1.17 (2021), against an average of 43.34.
  • Across the five-year window, Interest Coverage Ratio plunged 4203.08% in 2022 and surged 1246.28% in 2023, its largest moves.
  • Friedman Industries' Interest Coverage Ratio stood at 95.89 in 2021, then soared by 96.67% to 3.19 in 2022, then soared by 344.97% to 7.81 in 2023, then slumped by 75.96% to 1.88 in 2024, then tumbled by 262.44% to 3.05 in 2025.
  • The last three Interest Coverage Ratio figures came in at 3.05 (Q4 2025), 3.82 (Q3 2025), and 10.39 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -5.78
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 28.79
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 16.18
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 23.89
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -3.08
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.48
10 Friedman Industries 169.97 Mn 165.36 Mn 30.50 Mn -3.05

Historic Data

Download Data
DateValue
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 -42.20
Dec 31, 2021 -95.89
Sep 30, 2021 337.95
Jun 30, 2021 606.81
Mar 31, 2021 1.03