Friedman's profits tick higher on record quarterly sales volumes

Friedman Industries

Fourth quarter ended March 31	2025	2024	% Change
Net sales	$129.2	$132.2	-2.3%
Net earnings (loss)	$5.3	$5.0	7.8%
Per diluted share	$0.76	$0.71	7.0%
Full year ended March 31
Net sales	$444.6	$516.3	-13.9%
Net earnings (loss)	$6.1	$ 17.3	-64.9%
Per diluted share	$0.87	$2.39	-63.6%

(in millions of dollars except per share)

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.