Friedman Industries (FRD) Quick Ratio: History & Chart

Friedman Industries, Incorporated(FRD)

Steel · Longview, TX

$41.92-0.28 (-0.66%)

Delayed quote: Oct 6, 2026, 10:44 AM EDT

About Friedman Industries, Incorporated

Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide array of products, such as steel buildings, railway carriages, barges, storage tanks, shipping containers, trailers, various component parts, and other fabricated steel goods. Meanwhile, the Tubular segment is dedicated to producing different types of pipes, including those for line applications, oil country purposes (OCTG), and structural uses. This segment's products are primarily sold to steel and pipe distributors through Friedman Industries' internal sales force. Friedman Industries, Incorporated was founded in 1965 and is headquartered in Longview, Texas.

Longview, TX

381 employees

www.friedmanindustries.com

Basic Materials / Steel

Sector: Basic Materials
Industry: Steel
CEO: Michael J. Taylor

View full financials

FRD Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.00

QUICK RATIO (ACID-TEST) AVG TTM

1.08

QUICK RATIO (ACID-TEST) AVG 3Y

1.10

QUICK RATIO (ACID-TEST) AVG 5Y

1.09

QUICK RATIO (ACID-TEST) AVG 10Y

1.59

QUICK RATIO (ACID-TEST) AVG 15Y

2.20

QUICK RATIO (ACID-TEST) AVG 20Y

2.24

CURRENT VS TTM AVG

-7.70%

CURRENT VS 3Y AVG

-9.25%

CURRENT VS 5Y AVG

-8.35%

CURRENT VS 10Y AVG

-37.35%

CURRENT VS 15Y AVG

-54.67%

CURRENT VS 20Y AVG

-55.57%

SECTOR MEDIAN · BASIC MATERIALS

1.54

median of 119 covered companies

CURRENT VS SECTOR MEDIAN

-35.25%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Friedman Industries, Incorporated (FRD)	$302.37M	1.00	1.08	1.10	1.09
Alto Ingredients, Inc. (ALTO)vs ›	$293.82M	2.17	1.70	1.72	1.90
Gevo, Inc. (GEVO)vs ›	$315.22M	2.19	5.03	7.58	9.76
ASP Isotopes Inc. Common Stock (ASPI)vs ›	$361.34M	3.85	10.62	6.20	7.08
Hudson Technologies, Inc. (HDSN)vs ›	$221.28M	1.33	1.62	1.18	0.93
Blue Moon Metals Inc. (BMM)vs ›	$406.06M	3.85	4.39	2.80	2.80
Hongli Group Inc. (HLP)vs ›	$189.84M	0.95	1.04	1.02	1.00
5E Advanced Materials Inc. (FEAM)vs ›	$160.04M	7.12	3.92	2.76	6.63
Algoma Steel Group Inc. (ASTL)vs ›	$467.93M	1.35	1.16	1.31	1.52
Ascent Industries Co. (ACNT)vs ›	$124.41M	3.63	3.95	3.12	2.49

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Friedman Industries, Incorporated (FRD)

$302.37M

1.00

1.08

1.10

1.09

Alto Ingredients, Inc. (ALTO)vs ›

$293.82M

2.17

1.70

1.72

1.90

Gevo, Inc. (GEVO)vs ›

$315.22M

2.19

5.03

7.58

9.76

ASP Isotopes Inc. Common Stock (ASPI)vs ›

$361.34M

3.85

10.62

6.20

7.08

Hudson Technologies, Inc. (HDSN)vs ›

$221.28M

1.33

1.62

1.18

0.93

Blue Moon Metals Inc. (BMM)vs ›

$406.06M

3.85

4.39

2.80

Hongli Group Inc. (HLP)vs ›

$189.84M

0.95

1.04

1.02

1.00

5E Advanced Materials Inc. (FEAM)vs ›

$160.04M

7.12

3.92

2.76

6.63

Algoma Steel Group Inc. (ASTL)vs ›

$467.93M

1.35

1.16

1.31

1.52

Ascent Industries Co. (ACNT)vs ›

$124.41M

3.63

3.95

3.12

2.49

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Friedman Industries, Incorporated (FRD)?

The quick ratio (acid-test) for FRD stock is 1.00.

Is Friedman Industries, Incorporated's quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.00 is in line with its 5-year average of 1.09, near the low end of its 5-year range (0.80–1.72).

What is the TTM average quick ratio (acid-test) for Friedman Industries, Incorporated (FRD)?

The TTM average quick ratio (acid-test) for FRD stock is 1.08.

What is the 3Y average quick ratio (acid-test) for Friedman Industries, Incorporated (FRD)?

The 3Y average quick ratio (acid-test) for FRD stock is 1.10.

What is the 5Y average quick ratio (acid-test) for Friedman Industries, Incorporated (FRD)?

The 5Y average quick ratio (acid-test) for FRD stock is 1.09.

What is the 10Y average quick ratio (acid-test) for Friedman Industries, Incorporated (FRD)?

The 10Y average quick ratio (acid-test) for FRD stock is 1.59.

What is the 15Y average quick ratio (acid-test) for Friedman Industries, Incorporated (FRD)?

The 15Y average quick ratio (acid-test) for FRD stock is 2.20.

What is the 20Y average quick ratio (acid-test) for Friedman Industries, Incorporated (FRD)?

The 20Y average quick ratio (acid-test) for FRD stock is 2.24.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	1.00
2026-03-31	1.11
2025-12-31	0.97
2025-09-30	0.98
2025-06-30	1.35
2025-03-31	1.38
2024-12-31	0.80
2024-09-30	1.18
2024-06-30	1.10
2024-03-31	1.00
2023-12-31	1.04
2023-09-30	1.72
2023-06-30	1.28
2023-03-31	1.27
2022-12-31	1.04
2022-09-30	1.02
2022-06-30	1.54
2022-03-31	0.94
2021-12-31	0.85
2021-09-30	1.11
2021-06-30	0.80
2021-03-31	1.43
2020-12-31	4.00
2020-09-30	4.92
2020-06-30	7.44
2020-03-31	3.06
2019-12-31	2.62
2019-09-30	3.50
2019-06-30	2.94
2019-03-31	2.05
2018-12-31	1.15
2018-09-30	1.48
2018-06-30	1.02
2018-03-31	1.99
2017-12-31	0.88
2017-09-30	1.50
2017-06-30	1.49
2017-03-31	4.46
2016-12-31	4.78
2016-09-30	4.06
2016-06-30	2.24
2016-03-31	2.71
2015-12-31	1.87
2015-09-30	3.82
2015-06-30	4.51
2015-03-31	3.50
2014-12-31	0.87
2014-09-30	2.47
2014-06-30	3.09
2014-03-31	3.16
2013-12-31	3.02
2013-09-30	2.43
2013-06-30	4.74
2013-03-31	2.04
2012-12-31	3.91
2012-09-30	3.05
2012-06-30	3.36
2012-03-31	2.04
2011-12-31	2.81
2011-09-30	3.15
2011-06-30	2.41
2011-03-31	2.10
2010-12-31	2.65
2010-09-30	2.44
2010-06-30	3.32
2010-03-31	3.77
2009-12-31	5.85
2009-09-30	5.71
2009-06-30	5.85
2009-03-31	6.94
2008-12-31	1.84
2008-09-30	0.99
2008-06-30	1.68
2008-03-31	1.32
2007-12-31	0.99
2007-09-30	1.47
2007-06-30	1.20
2007-03-31	0.79
2006-12-31	0.88
2006-09-30	1.18
2006-06-30	1.27
2006-03-31	1.07
2005-12-31	1.79
2005-09-30	1.44
2005-06-30	1.47
2005-03-31	1.18
2004-12-31	1.09
2004-09-30	1.60
2004-06-30	1.35
2004-03-31	1.33
2003-12-31	1.26
2003-09-30	1.57
2003-06-30	1.55
2003-03-31	0.97
2002-12-31	0.87
2002-09-30	1.14

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

1.00

2026-03-31

1.11

2025-12-31

0.97

2025-09-30

0.98

2025-06-30

1.35

2025-03-31

1.38

2024-12-31

0.80

2024-09-30

1.18

2024-06-30

1.10

2024-03-31

1.00

2023-12-31

1.04

2023-09-30

1.72

2023-06-30

1.28

2023-03-31

1.27

2022-12-31

1.04

2022-09-30

1.02

2022-06-30

1.54

2022-03-31

0.94

2021-12-31

0.85

2021-09-30

1.11

2021-06-30

0.80

2021-03-31

1.43

2020-12-31

4.00

2020-09-30

4.92

2020-06-30

7.44

2020-03-31

3.06

2019-12-31

2.62

2019-09-30

3.50

2019-06-30

2.94

2019-03-31

2.05

2018-12-31

1.15

2018-09-30

1.48

2018-06-30

1.02

2018-03-31

1.99

2017-12-31

0.88

2017-09-30

1.50

2017-06-30

1.49

2017-03-31

4.46

2016-12-31

4.78

2016-09-30

4.06

2016-06-30

2.24

2016-03-31

2.71

2015-12-31

1.87

2015-09-30

3.82

2015-06-30

4.51

2015-03-31

3.50

2014-12-31

0.87

2014-09-30

2.47

2014-06-30

3.09

2014-03-31

3.16

2013-12-31

3.02

2013-09-30

2.43

2013-06-30

4.74

2013-03-31

2.04

2012-12-31

3.91

2012-09-30

3.05

2012-06-30

3.36

2012-03-31

2.04

2011-12-31

2.81

2011-09-30

3.15

2011-06-30

2.41

2011-03-31

2.10

2010-12-31

2.65

2010-09-30

2.44

2010-06-30

3.32

2010-03-31

3.77

2009-12-31

5.85

2009-09-30

5.71

2009-06-30

5.85

2009-03-31

6.94

2008-12-31

1.84

2008-09-30

0.99

2008-06-30

1.68

2008-03-31

1.32

2007-12-31

0.99

2007-09-30

1.47

2007-06-30

1.20

2007-03-31

0.79

2006-12-31

0.88

2006-09-30

1.18

2006-06-30

1.27

2006-03-31

1.07

2005-12-31

1.79

2005-09-30

1.44

2005-06-30

1.47

2005-03-31

1.18

2004-12-31

1.09

2004-09-30

1.60

2004-06-30

1.35

2004-03-31

1.33

2003-12-31

1.26

2003-09-30

1.57

2003-06-30

1.55

2003-03-31

0.97

2002-12-31

0.87

2002-09-30

1.14

Quick Ratio (Acid-Test): 1.00

FRD Quick Ratio

FRD Average Quick Ratio (Acid-Test) Chart

FRD Current vs Average Quick Ratio (Acid-Test) Chart

FRD Quick Ratio (Acid-Test) Metrics

FRD Competitors' Quick Ratio (Acid-Test)

Liquidity Comparison

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

FRD Quick Ratio (Acid-Test) History

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