Friedman Industries annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2026
Friedman Industries Debt-to-Equity Ratio Growth & History (FRD)
Friedman Industries's debt-to-equity ratio was 0.66 for fiscal 2026.
View full Friedman Industries company overviewFriedman Industries annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.66 | 0.64 | +2906.31% |
| 2024 | 2025-03-31 | 0.02 | −0.00 | −4.56% |
| 2023 | 2024-03-31 | 0.02 | 0.01 | +85.98% |
| 2022 | 2023-03-31 | 0.01 | 0.01 | +271.73% |
| 2021 | 2022-03-31 | 0.00 | −0.03 | −89.42% |
| 2020 | 2021-03-31 | 0.03 | 0.02 | +349.22% |
| 2019 | 2020-03-31 | 0.01 | — | — |
Friedman Industries quarterly debt-to-equity ratio
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.26
As of Jun 30, 2026
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| As of Jun 30, 2026 | 2026-06-30 | 0.04 | 0.02 | +84.41% |
| Q4 2026 | 2026-03-31 | 0.66 | 0.64 | +2906.31% |
| Q3 2025 | 2025-12-31 | 0.04 | 0.01 | +53.00% |
| Q2 2025 | 2025-09-30 | 0.04 | 0.01 | +61.77% |
| Q1 2025 | 2025-06-30 | 0.02 | −0.00 | −10.57% |
| Q4 2024 | 2025-03-31 | 0.02 | −0.00 | −4.56% |
| Q3 2024 | 2024-12-31 | 0.02 | 0.02 | +3407.23% |
| Q2 2024 | 2024-09-30 | 0.02 | 0.02 | +2618.28% |
| Q1 2024 | 2024-06-30 | 0.02 | 0.02 | +2057.42% |
| Q4 2023 | 2024-03-31 | 0.02 | 0.01 | +85.98% |
| Q3 2023 | 2023-12-31 | 0.00 | −0.00 | −61.70% |
| Q2 2023 | 2023-09-30 | 0.00 | −0.00 | −57.43% |
| Q1 2023 | 2023-06-30 | 0.00 | −0.00 | −53.43% |
| Q4 2022 | 2023-03-31 | 0.01 | 0.01 | +271.73% |
| Q3 2022 | 2022-12-31 | 0.00 | −0.00 | −46.16% |
| Q2 2022 | 2022-09-30 | 0.00 | −0.00 | −49.32% |
| Q1 2022 | 2022-06-30 | 0.00 | −0.00 | −57.17% |
| Q4 2021 | 2022-03-31 | 0.00 | −0.03 | −89.42% |
| Q3 2021 | 2021-12-31 | 0.00 | −0.03 | −89.35% |
| Q2 2021 | 2021-09-30 | 0.00 | −0.03 | −87.78% |
| Q1 2021 | 2021-06-30 | 0.01 | −0.03 | −83.17% |
| Q4 2020 | 2021-03-31 | 0.03 | 0.02 | +349.22% |
| Q3 2020 | 2020-12-31 | 0.03 | 0.02 | +292.53% |
| Q2 2020 | 2020-09-30 | 0.03 | 0.03 | +4580.52% |
| Q1 2020 | 2020-06-30 | 0.03 | 0.03 | +4074.44% |
| Q4 2019 | 2020-03-31 | 0.01 | — | — |
| Q3 2019 | 2019-12-31 | 0.01 | — | — |
| Q2 2019 | 2019-09-30 | 0.00 | — | — |
| Q1 2019 | 2019-06-30 | 0.00 | — | — |
Friedman Industries debt-to-equity ratio trends
Over the last five fiscal years, Friedman Industries's debt-to-equity ratio increased from 0.03 to 0.66, a change of 0.63. The latest reported quarter, As of Jun 30, 2026, shows 0.04.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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