Friedman Industries, Incorporated
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Friedman Industries, Incorporated's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $516,251,000. Profit margin reached 3%. Total operating expenses were $47,900,000.
Profit Margin
| 2015 | 108.32M | 382.33K | 0.35% |
|---|---|---|---|
| 2016 | 81.63M | 294K | 0.36% |
| 2017 | 77.75M | -2.67M | -3.44% |
| 2018 | 121.15M | 2.75M | 2.28% |
| 2019 | 187.15M | 5.09M | 2.72% |
| 2020 | 142.10M | -5.24M | -3.69% |
| 2021 | 126.10M | 11.42M | 9.06% |
| 2022 | 285.23M | 14.06M | 4.93% |
| 2023 | 547.54M | 21.34M | 3.9% |
| 2024 | 516.25M | 17.34M | 3.36% |
FRD Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 516.25M | 547.54M | 285.23M | 126.10M | 142.10M | 187.15M | 121.15M | 77.75M | 81.63M | 108.32M |
Cost of revenue | 443.83M | 504.45M | 244.24M | 102.51M | 139.49M | 174.24M | 112.90M | 77.94M | 76.93M | 103.24M |
Gross profit | 72.41M | 43.08M | 40.98M | 23.58M | 2.61M | 12.90M | 8.25M | -191.62K | 4.69M | 5.07M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 23.79M | 24.48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 47.9M | 22.01M | 12.46M | 7.83M | 5.12M | 180.33M | 4.18M | 4.01M | 4.67M | 4.45M |
Operating income | 24.93M | 21.07M | 17.26M | 125.08M | 140.57M | 6.38M | 4.04M | -4.20M | 23.37K | 624.77K |
Other income (expenses), net | -1.62M | 7.11M | 1.06M | -109.86M | 19.26K | -180.33M | 24.9K | 59.00K | 375.31K | 61.04K |
Income before tax | 23.31M | 28.18M | 18.33M | 15.22M | -6.83M | 6.82M | 4.06M | -4.15M | 398.68K | 685.81K |
Income tax expense | 5.96M | 6.84M | 4.26M | 3.79M | -1.58M | 1.72M | 1.30M | -1.47M | 104.68K | 303.48K |
Net income | 17.34M | 21.34M | 14.06M | 11.42M | -5.24M | 5.09M | 2.75M | -2.67M | 294K | 382.33K |
Earnings per share | ||||||||||
Basic EPS | 2.39 | 2.91 | 2.12 | 1.63 | -0.75 | 0.73 | 0.39 | -0.39 | 0.04 | 0.06 |
Diluted EPS | 2.39 | 2.91 | 2.12 | 1.63 | -0.75 | 0.73 | 0.39 | -0.39 | 0.04 | 0.06 |
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