Friedman Industries (FRD) Times Interest Earned (2012 - 2026)
Friedman Industries (FRD) posted Times Interest Earned of -$8.49 for Q1 2026, down 811.08% sequentially from $1.19 in Q4 2025, and down 11.81% YoY from -$9.62 in Q1 2025.
Friedman Industries (FRD) Times Interest Earned (2012 - 2026) Analysis & Trends
Friedman Industries has reported Times Interest Earned for 15 years, with the latest figure at -$8.49 in Q1 2026.
- Quarterly Times Interest Earned fell 11.81% year-over-year to -$8.49 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$7.0 (down 261.46% YoY) and the FY2026 annual result came in at -$6.25, down 755.01% from the prior year.
- Times Interest Earned fell to -$8.49 in Q1 2026 per FRD's latest filing, from $1.19 in the prior quarter.
- Over five years, Times Interest Earned peaked at $28.72 in Q2 2022 and troughed at -$92.75 in Q1 2022.
- A 5-year average of -$3.12 and a median of $0.26 in 2024 frame the typical range for Times Interest Earned.
- The sharpest annual moves came in 2022 and 2023: Times Interest Earned slumped 14299.9% in 2022, then soared 344.97% in 2023.
- Over 5 years, Times Interest Earned stood at -$3.19 in 2022, then surged by 344.97% to $7.81 in 2023, then slumped by 75.96% to $1.88 in 2024, then sank by 36.46% to $1.19 in 2025, then sank by 811.08% to -$8.49 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered -$8.49, $1.19, and $0.34 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | -27.14 |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 45.25 |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 17.91 |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 24.26 |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -6.97 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | -0.13 |
| 10 | Friedman Industries | 290.98 Mn | 285.08 Mn | 21.03 Mn | -17.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.19 |
| Mar 31, 2026 | -8.49 |
| Dec 31, 2025 | 1.19 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 2.25 |
| Mar 31, 2025 | -7.59 |
| Dec 31, 2024 | 1.88 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | -2.00 |
| Mar 31, 2024 | -1.33 |
| Dec 31, 2023 | 7.81 |
| Sep 30, 2023 | -1.31 |
| Jun 30, 2023 | 19.18 |
| Mar 31, 2023 | 2.07 |
| Dec 31, 2022 | -3.19 |
| Sep 30, 2022 | -0.11 |
| Jun 30, 2022 | 28.72 |
| Mar 31, 2022 | -92.75 |
| Dec 31, 2021 | -96.52 |
| Sep 30, 2021 | 336.57 |