FRIEDMAN INDUSTRIES INC (FRD) Return on equity 2017–2025
FRIEDMAN INDUSTRIES INC (FRD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
4.6%FY2025 · since FY2017: -4.4% → 4.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 4.6% | -9.0 pp |
| FY2024 | 13.6% | -4.9 pp |
| FY2023 | 18.5% | +0.8 pp |
| FY2022 | 17.7% | +0.2 pp |
| FY2021 | 17.5% | +25.3 pp |
| FY2020 | -7.9% | -14.9 pp |
| FY2019 | 7.0% | +1.6 pp |
| FY2018 | 5.4% | +9.9 pp |
| FY2017 | -4.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice