Friedman Industries (FRD) Interest Expenses (2012 - 2026)
Friedman Industries (FRD) posted Interest Expenses of -$1.4 million for Q1 2026, down 142.67% sequentially from $3.3 million in Q4 2025, and down 80.8% YoY from -$7.3 million in Q1 2025.
Friedman Industries (FRD) Interest Expenses (2012 - 2026) Analysis & Trends
Friedman Industries has reported Interest Expenses for 15 years, with the latest figure at -$1.4 million in Q1 2026.
- Quarterly Interest Expenses fell 80.8% year-over-year to -$1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.7 million (down 133.21% YoY) and the FY2026 annual result came in at -$4.1 million, down 228.69% from the prior year.
- Interest Expenses declined to -$1.4 million in Q1 2026 per FRD's latest filing, from $3.3 million in the prior quarter.
- Over five years, Interest Expenses peaked at $8.6 million in Q3 2025 and troughed at -$5.2 million in Q1 2024.
- A 5-year average of $601588.2 and a median of $46000.0 in 2022 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses sank 958.97% in 2022, then surged 7504.35% in 2023.
- Over 5 years, Interest Expenses stood at -$448000.0 in 2022, then jumped by 276.34% to $790000.0 in 2023, then sank by 180.0% to -$632000.0 in 2024, then jumped by 616.93% to $3.3 million in 2025, then slumped by 142.67% to -$1.4 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$1.4 million, $3.3 million, and $8.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 109.02 Bn | 99.13 Bn | 941.02 Mn | -50.43 Mn |
| 2 | Nucor | 55.44 Bn | 52.75 Bn | 2.03 Bn | 36.00 Mn |
| 3 | ArcelorMittal | 55.01 Bn | 50.16 Bn | - | - |
| 4 | Steel Dynamics | 32.68 Bn | 32.10 Bn | 958.97 Mn | 39.12 Mn |
| 5 | Reliance | 19.70 Bn | 19.46 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Cleveland-Cliffs | 6.45 Bn | 6.38 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.44 Bn | 4.30 Bn | 558.98 Mn | -89.44 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.57 Bn | 3.01 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -1.09 Bn |
| 10 | Friedman Industries | 289.09 Mn | 283.20 Mn | 21.03 Mn | -1.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.59 Mn |
| Jun 30, 2026 | 9.59 Mn |
| Mar 31, 2026 | -1.39 Mn |
| Mar 31, 2026 | -1.39 Mn |
| Dec 31, 2025 | 3.27 Mn |
| Dec 31, 2025 | 3.27 Mn |
| Sep 30, 2025 | 8.57 Mn |
| Sep 30, 2025 | 8.57 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Mar 31, 2025 | -771,000.00 |
| Mar 31, 2025 | -771,000.00 |
| Dec 31, 2024 | -632,000.00 |
| Dec 31, 2024 | -632,000.00 |
| Sep 30, 2024 | -869,000.00 |
| Sep 30, 2024 | -869,000.00 |
| Jun 30, 2024 | 700,000.00 |
| Jun 30, 2024 | 700,000.00 |
| Mar 31, 2024 | -5.21 Mn |
| Mar 31, 2024 | -5.21 Mn |