Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.62 is 71% above its 5-year average of 0.36, around the middle of its 5-year range (0.17–1.00).
As of the fiscal period ended Tuesday, June 30, 2026. 6.78% above its 12-month average of 0.58.
Reported quarterly debt to equity ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 0.62.
DEBT TO EQUITY RATIO
0.62
DEBT TO EQUITY RATIO AVG TTM
0.58
DEBT TO EQUITY RATIO AVG 3Y
0.44
DEBT TO EQUITY RATIO AVG 5Y
0.36
DEBT TO EQUITY RATIO AVG 10Y
0.19
DEBT TO EQUITY RATIO AVG 15Y
0.13
DEBT TO EQUITY RATIO AVG 20Y
0.06
CURRENT VS TTM AVG
+6.78%
CURRENT VS 3Y AVG
+40.27%
CURRENT VS 5Y AVG
+70.65%
CURRENT VS 10Y AVG
+219.00%
CURRENT VS 15Y AVG
+378.49%
CURRENT VS 20Y AVG
+935.18%
SECTOR MEDIAN · BASIC MATERIALS
0.34
median of 110 covered companies
CURRENT VS SECTOR MEDIAN
+78.91%
vs the sector median at left
Friedman Industries, Incorporated
Market Cap
$303.26M
Debt to Equity Ratio
0.62
TTM Avg
0.58
3Y Avg
0.44
5Y Avg
0.36
Market Cap
$291.73M
Debt to Equity Ratio
0.32
TTM Avg
0.46
3Y Avg
0.39
5Y Avg
0.35
Market Cap
$361.97M
Debt to Equity Ratio
1.02
TTM Avg
0.93
3Y Avg
0.52
5Y Avg
0.44
Market Cap
$223.89M
Debt to Equity Ratio
0.02
TTM Avg
0.03
3Y Avg
0.09
5Y Avg
0.68
Market Cap
$407.72M
Debt to Equity Ratio
0.04
TTM Avg
0.04
3Y Avg
0.13
5Y Avg
0.13
Market Cap
$161.14M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
1.70
5Y Avg
1.14
Market Cap
$469.47M
Debt to Equity Ratio
3.68
TTM Avg
1.10
3Y Avg
0.60
5Y Avg
1.00
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Friedman Industries, Incorporated (FRD) | $303.26M | 0.62 | 0.58 | 0.44 | 0.36 |
| Alto Ingredients, Inc. (ALTO)vs › | $291.73M | 0.32 | 0.46 | 0.39 | 0.35 |
| Gevo, Inc. (GEVO)vs › | $316.43M | 0.62 | 0.25 | 0.19 | 0.15 |
| ASP Isotopes Inc. Common Stock (ASPI)vs › | $361.97M | 1.02 | 0.93 | 0.52 | 0.44 |
| Hudson Technologies, Inc. (HDSN)vs › | $223.89M | 0.02 | 0.03 | 0.09 | 0.68 |
| Blue Moon Metals Inc. (BMM)vs › | $407.72M | 0.04 | 0.04 | 0.13 | 0.13 |
| Hongli Group Inc. (HLP)vs › | $189.84M | 0.20 | 0.19 | 0.51 | 0.52 |
| 5E Advanced Materials Inc. (FEAM)vs › | $161.14M | 0.00 | 0.00 | 1.70 | 1.14 |
| Algoma Steel Group Inc. (ASTL)vs › | $469.47M | 3.68 | 1.10 | 0.60 | 1.00 |
| Aemetis, Inc. (AMTX)vs › | $123.80M | N/A | 12.50 | 12.50 | 4.87 |
Debt/Equity
0.62
Current Ratio
2.90
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | 0.62 |
| 2026-03-31 | 0.67 |
| 2025-12-31 | 0.68 |
| 2025-09-30 | 0.66 |
| 2025-06-30 | 0.26 |
| 2025-03-31 | 0.38 |
| 2024-12-31 | 0.28 |
| 2024-09-30 | 0.30 |
| 2024-06-30 | 0.38 |
| 2024-03-31 | 0.34 |
| 2023-12-31 | 0.38 |
| 2023-09-30 | 0.44 |
| 2023-06-30 | 0.33 |
| 2023-03-31 | 0.30 |
| 2022-12-31 | 0.42 |
| 2022-09-30 | 0.35 |
| 2022-06-30 | 1.00 |
| 2022-03-31 | 0.24 |
| 2021-12-31 | 0.17 |
| 2021-09-30 | 0.18 |
| 2021-06-30 | 0.17 |
| 2021-03-31 | 0.03 |
| 2020-12-31 | 0.01 |
| 2020-09-30 | 0.03 |
| 2020-06-30 | 0.03 |
| 2020-03-31 | 0.01 |
| 2019-12-31 | 0.01 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.06 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.00 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.15 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.00 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.07 |
| 2003-06-30 | 0.07 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.01 |
| 2002-09-30 | 0.02 |
