Friedman Industries price to free cash flow FRD

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 171×; Jul 2026
10-year median: 10.7×
10-year range: 1.1× to 358×

Friedman Industries' price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Jul 2026, at 171×.

On the days it had one over the last ten years, its median was 10.7×, from 1.1× in Oct 2023 to 358× in Nov 2025.

Price to free cash flow over time

median 10.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	171×	171×	321×
2025	327×	3.9×	358×
2024	4.3×	4.0×	17.3×
2023	1.3×	1.1×	2.8×
2022	1.3×	1.1×	1.4×
2021	13.8×	12.3×	24.4×
2020	11.9×	1.3×	12.8×
2019	2.5×	2.4×	55.6×
2018	48.1×	19.6×	57.8×
2017	12.0×	7.5×	26.3×
2016	7.9×	6.5×	44.8×
2015	n/m a value too high to mean anything
2014	59.7×	18.0×	60.5×
2013	6.6×	6.0×	19.2×
2012	14.6×	7.6×	179×

Against its peers

Companies in Steel nearest Friedman Industries' size, closest first, today.

Company	Price to free cash flow
FRDFriedman Industries	n/m
IIINInsteel Industries	n/m
MTUSMetallus	n/m
BWENBroadwind	n/m

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Friedman Industries

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.