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Friedman Industries (Friedman Industries) 3-Year FCF Growth Rate : 94.00% (As of Dec. 2023)


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What is Friedman Industries 3-Year FCF Growth Rate?

Friedman Industries's Free Cash Flow per Share for the three months ended in Dec. 2023 was $2.67.

During the past 12 months, Friedman Industries's average Free Cash Flow per Share Growth Rate was -82.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 94.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Friedman Industries was 111.50% per year. The lowest was -56.50% per year. And the median was 26.35% per year.


Competitive Comparison of Friedman Industries's 3-Year FCF Growth Rate

For the Steel subindustry, Friedman Industries's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Friedman Industries's 3-Year FCF Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Friedman Industries's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Friedman Industries's 3-Year FCF Growth Rate falls into.



Friedman Industries 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Friedman Industries  (AMEX:FRD) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Friedman Industries 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Friedman Industries's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Friedman Industries (Friedman Industries) Business Description

Traded in Other Exchanges
Address
1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.
Executives
Max Alan Reichenthal director 865 LOCKWOOD DRIVE, HOUSTON TX 77020
Joel Spira director THREE GREENWAY PLAZA, SUITE 1750, HOUSTON TX 77046
Mike J Taylor director P.O. BOX 2192, LONGVIEW TX 75606
Sharon L Taylor director 4200 B STONE RD, KILGORE TX 75662
Alex Larue officer: VP - Secretary & Treasurer 7 PEBBLE CREEK DRIVE NORTH, LONGVIEW TX 75605
Durga D Agrawal director 2921 UNIVERSITY BLVD, HOUSTON TX 77005
Sandra Kay Scott director 11503 BISTRO LANE, HOUSTON TX 77082
Joe L Williams director P.O. BOX 1587, HOUSTON TX 77251
Tim Scott Stevenson director PO BOX 2192, LONGVIEW TX 75606
Robert Sparkman officer: President & COO P.O. BOX 2192, LONGVIEW TX 75605
Charles W Hall director 1301 MCKINNEY STE 5100, HOUSTON TX 77010
Benny Harper officer: Sr. VP-Finance 1301 MCKINNEY STE 5100, HOUSTON TX 77010
William E Crow director, officer: President and CEO P.O. BOX 1587, HOUSTON TX 77251
Hershel M Rich director P.O. BOX 1587, HOUSTON TX 77251
Harold Friedman director, 10 percent owner, officer: Vice Chairman of the Board 4001 HOMESTEAD ROAF, HOUSTON TX 77028

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