NASDAQ : RAIL
FreightCar America, Inc. — Financial statements
Industrials · Railroads · United States
Last price 4.17 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 136.74M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
FreightCar America, Inc. (RAIL) reported revenue of 463.52M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 463.52M | 500.99M | 559.42M | 358.09M | 364.75M | 203.05M |
| Cost of Revenue | 405.56M | 427.80M | 492.38M | 316.33M | 338.93M | 191.59M |
| Gross Profit | 57.96M | 73.19M | 67.04M | 41.76M | 25.82M | 11.46M |
| Selling, General & Admin | 40.90M | 39.66M | 33.30M | 28.23M | 35.78M | 26.76M |
| Operating Expenses | 40.90M | 39.66M | 33.30M | 28.23M | 35.78M | 26.76M |
| Operating Income | 17.06M | 33.53M | 33.75M | 13.53M | -9.95M | -15.30M |
| Interest Expense | -15.26M | -17.56M | -6.85M | -15.03M | -25.42M | -13.32M |
| Other Non Operating Income (Expenses) | -11.17M | -26.84M | -100.09M | -2.24M | 3.36M | -14.85M |
| EBT Excluding Unusual Items | -9.37M | -10.87M | -73.19M | -3.74M | -32.02M | -43.47M |
| Merger & Restructuring Charges | -6.53M | |||||
| Gain (Loss) on Sale of Assets | 100.00K | 622.00K | ||||
| Asset Writedown | -4.09M | -4.51M | -158.00K | |||
| Legal Settlements | 3.21M | |||||
| Other Unusual Items | -14.88M | 10.12M | ||||
| Pretax Income | -9.27M | -10.87M | -69.98M | -22.09M | -36.53M | -40.03M |
| Income Tax Expense | 3.21M | -48.98M | 5.84M | 1.50M | 2.31M | 1.41M |
| Earnings From Continuing Operations | -12.48M | 38.10M | -75.82M | -23.59M | -38.85M | -41.45M |
| Net Income | -12.48M | 38.10M | -75.82M | -23.59M | -38.85M | -41.45M |
| Preferred Dividends & Other Adjustments | -661.00K | 1.24M | 20.18M | 9.98M | ||
| Net Income to Common | -11.82M | 36.86M | -96.00M | -33.57M | -38.85M | -41.45M |
| Shares Outstanding (Basic) | 31.91M | 31.81M | 30.73M | 28.37M | 24.84M | 20.77M |
| Shares Outstanding (Diluted) | 31.91M | 33.79M | 30.73M | 28.37M | 24.84M | 20.77M |
| EPS (Basic) | -0.37 | 1.16 | -3.12 | -1.18 | -1.56 | -2.00 |
| EPS (Diluted) | -0.37 | 1.09 | -3.12 | -1.18 | -1.56 | -2.00 |
| Free Cash Flow | 17.90M | 31.40M | 39.91M | -7.95M | 3.69M | -57.69M |
| Free Cash Flow Per Share | 0.56 | 0.93 | 1.30 | -0.28 | 0.15 | -2.78 |
| Gross Margin | 12.50% | 14.61% | 11.98% | 11.66% | 7.08% | 5.64% |
| Operating Margin | 3.68% | 6.69% | 6.03% | 3.78% | -2.73% | -7.54% |
| Profit Margin | -2.55% | 7.36% | -17.16% | -9.38% | -10.65% | -20.41% |
| Free Cash Flow Margin | 3.86% | 6.27% | 7.13% | -2.22% | 1.01% | -28.41% |
| EBITDA | 23.93M | 39.74M | 39.51M | 18.14M | -5.82M | -11.00M |
| EBITDA Margin | 5.16% | 7.93% | 7.06% | 5.07% | -1.59% | -5.42% |
| D&A For EBITDA | 6.87M | 6.21M | 5.76M | 4.61M | 4.13M | 4.30M |
| EBIT | 17.06M | 33.53M | 33.75M | 13.53M | -9.95M | -15.30M |
| EBIT Margin | 3.68% | 6.69% | 6.03% | 3.78% | -2.73% | -7.54% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 62.48M | 63.79M | 40.57M | 39.85M | 33.83M | 21.28M |
| Cash & Short-Term Investments | 62.48M | 63.79M | 40.57M | 39.85M | 33.83M | 21.28M |
| Accounts Receivable | 13.21M | 12.44M | 12.51M | 6.41M | 9.57M | 9.57M |
| Other Receivables | 6.67M | 6.10M | 4.81M | 3.56M | 5.93M | 35.68M |
| Receivables | 19.88M | 18.54M | 17.32M | 9.97M | 15.50M | 45.25M |
| Inventory | 57.83M | 68.30M | 75.28M | 125.02M | 66.33M | 60.15M |
| Prepaid Expenses | 9.40M | 7.89M | 7.36M | 4.26M | 5.47M | 5.09M |
| Restricted Cash | 503.00K | 502.00K | 3.88M | 705.00K | 4.08M | 4.96M |
| Other Current Assets | 826.00K | 984.00K | 629.00K | 606.00K | 3.67M | |
| Total Current Assets | 150.91M | 160.00M | 145.03M | 180.42M | 128.89M | 136.73M |
| Property, Plant & Equipment | 67.77M | 71.25M | 77.61M | 77.20M | 69.26M | 55.06M |
| Other Intangible Assets | 4.49M | 4.88M | 300.00K | |||
| Long-Term Deferred Tax Assets | 52.05M | 52.97M | 1.02M | |||
| Other Long-Term Assets | 872.00K | 947.00K | 250.00K | 1.83M | 1.59M | 8.87M |
| Total Assets | 276.10M | 290.05M | 224.22M | 259.46M | 199.74M | 200.66M |
| Accounts Payable | 65.18M | 59.03M | 52.27M | 86.89M | 51.84M | 41.48M |
| Accrued Expenses | 5.80M | 7.12M | 6.29M | 5.74M | 4.08M | 4.76M |
| Current Portion of Long-Term Debt | 2.88M | 9.73M | 2.88M | 29.41M | 40.74M | |
| Current Portion of Leases | 1.99M | 1.89M | 1.77M | 1.85M | 1.50M | 1.96M |
| Current Unearned Revenue | 3.05M | 539.00K | 8.56M | 5.69M | 219.00K | 4.59M |
| Other Current Liabilities | 4.37M | 7.30M | 9.07M | 7.78M | 7.60M | 16.54M |
| Total Current Liabilities | 83.27M | 85.60M | 80.83M | 137.36M | 105.98M | 69.32M |
| Long-Term Debt | 97.85M | 97.51M | 105.54M | 51.49M | 79.48M | |
| Long-Term Leases | 42.20M | 43.23M | 49.32M | 44.44M | 35.02M | 16.62M |
| Long-Term Unearned Revenue | 1.22M | |||||
| Pension & Post-Retirement Benefits | 1.29M | 1.26M | 1.07M | 1.05M | 1.04M | 35.00K |
| Other Long-Term Liabilities | 15.28M | 169.86M | 137.73M | 39.36M | 34.78M | 35.65M |
| Total Liabilities | 239.90M | 397.46M | 374.49M | 222.21M | 228.32M | 202.32M |
| Common Stock | 358.00K | 221.00K | 221.00K | 210.00K | 203.00K | 190.00K |
| Additional Paid-In Capital | 204.52M | 72.56M | 69.40M | 94.07M | 89.10M | 83.74M |
| Retained Earnings | -170.97M | -182.51M | -220.62M | -142.85M | -118.91M | -80.07M |
| Comprehensive Income & Other | 2.29M | 2.32M | 721.00K | 2.37M | 1.02M | -5.52M |
| Total Common Equity | 36.20M | -107.41M | -150.27M | -46.21M | -28.58M | -1.66M |
| Shareholders' Equity | 36.20M | -107.41M | -150.27M | 37.25M | -28.58M | -1.66M |
| Total Liabilities & Equity | 276.10M | 290.05M | 224.22M | 259.46M | 199.74M | 200.66M |
| Total Debt | 144.92M | 152.36M | 159.51M | 75.70M | 128.76M | 98.06M |
| Net Cash (Debt) | -82.44M | -88.57M | -118.94M | -35.84M | -94.93M | -76.77M |
| Net Cash Per Share | -2.58 | -2.62 | -3.87 | -1.26 | -3.82 | -3.70 |
| Filing Date Shares Outstanding | 32.79M | 19.07M | 19.06M | 18.35M | 17.70M | 16.48M |
| Total Common Shares Outstanding | 32.78M | 19.09M | 18.96M | 17.90M | 17.22M | 15.95M |
| Working Capital | 67.64M | 74.41M | 64.21M | 43.06M | 22.90M | 67.41M |
| Book Value Per Share | 1.10 | -5.63 | -7.93 | -2.58 | -1.66 | -0.10 |
| Tangible Book Value | 31.71M | -112.29M | -150.57M | -46.21M | -28.58M | -1.66M |
| Tangible Book Value Per Share | 0.97 | -5.88 | -7.94 | -2.58 | -1.66 | -0.10 |
| Land | 930.00K | |||||
| Buildings | 1.56M | 242.00K | 242.00K | 162.00K | 162.00K | |
| Machinery | 58.74M | 54.16M | 50.15M | 37.47M | 33.81M | |
| Construction In Progress | 204.00K | 720.00K | 955.00K | 4.97M | 401.00K | |
| Leasehold Improvements | 8.47M | 7.97M | 7.38M | 4.07M | 3.95M | |
| Order Backlog | 137.47M | 266.52M | 348.23M | 287.97M | 240.16M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -12.48M | 38.10M | -75.82M | -23.59M | -38.85M | -41.45M |
| Depreciation & Amortization | 6.87M | 6.21M | 5.76M | 4.61M | 4.13M | 4.30M |
| Asset Writedown & Restructuring Costs | 4.09M | 4.51M | 6.69M | |||
| Stock-Based Compensation | 3.00M | 3.63M | 3.11M | 1.24M | 2.11M | 2.98M |
| Other Operating Activities | 14.50M | -14.61M | 103.08M | 30.42M | 23.02M | 10.07M |
| Change in Accounts Receivable | 4.29M | 1.37M | -6.10M | 3.16M | -150.00K | |
| Change in Inventory | 45.94M | 2.80M | 54.96M | -60.91M | -8.48M | -12.37M |
| Change in Accounts Payable | -22.00M | 10.84M | -38.37M | 39.94M | 8.18M | 7.88M |
| Change in Unearned Revenue | -17.61M | |||||
| Change in Income Taxes | -5.24M | -4.62M | -359.00K | 245.00K | ||
| Change in Other Net Operating Assets | 3.94M | -8.94M | -1.34M | 5.56M | 16.87M | -33.35M |
| Operating Cash Flow | 21.22M | 34.78M | 44.93M | 4.77M | 11.50M | -55.40M |
| Capital Expenditures | -3.32M | -3.38M | -5.02M | -12.72M | -7.82M | -2.29M |
| Sale of Property, Plant & Equipment | 585.00K | 8.36M | 433.00K | |||
| Cash Acquisitions | -6.78M | -6.35M | ||||
| Other Investing Activities | 182.00K | |||||
| Investing Cash Flow | -10.10M | -9.14M | -5.02M | -4.37M | -7.82M | -1.68M |
| Long-Term Debt Issued | 15.00M | 141.97M | 149.81M | 133.65M | 64.40M | |
| Long-Term Debt Repaid | -18.97M | -58.53M | -160.35M | -125.59M | -33.38M | |
| Net Debt Issued (Repaid) | -9.05M | -3.97M | 83.44M | -10.54M | 8.06M | 31.02M |
| Repurchase of Common Stock | -436.00K | -487.00K | -40.00K | -106.00K | -57.00K | -12.00K |
| Preferred Dividends Paid | -27.86M | |||||
| Dividends Paid | -27.86M | |||||
| Other Financing Activities | -1.34M | -6.15M | -359.00K | -20.00K | -1.75M | |
| Financing Cash Flow | -9.49M | -5.79M | -36.02M | 2.25M | 7.99M | 29.27M |
| Net Cash Flow | 1.62M | 19.84M | 3.89M | 2.65M | 11.67M | -27.81M |
| Free Cash Flow | 17.90M | 31.40M | 39.91M | -7.95M | 3.69M | -57.69M |
| Free Cash Flow Margin | 3.86% | 6.27% | 7.13% | -2.22% | 1.01% | -28.41% |
| Free Cash Flow Per Share | 0.56 | 0.93 | 1.30 | -0.28 | 0.15 | -2.78 |
| Levered Free Cash Flow | 14.87M | 22.50M | 26.84M | -10.97M | -6.92M | -25.50M |
| Unlevered Free Cash Flow | 24.41M | 33.48M | 31.13M | -1.57M | 8.97M | -17.18M |
| Cash Interest Paid | 15.53M | 13.85M | 4.58M | 4.95M | 8.85M | 6.54M |
| Cash Income Tax Paid | 6.00M | 7.63M | 5.99M | 2.10M | 1.22M | -5.00K |
| Change in Working Capital | 9.32M | 1.44M | 8.80M | -12.00M | 16.57M | -37.99M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 136.74M | 211.21M | 169.29M | 48.34M | 55.11M | 58.85M |
| Enterprise Value | 219.18M | 301.27M | 260.29M | 188.48M | 149.40M | 137.94M |
| Last Close Price | 4.17 | 11.07 | 8.96 | 2.70 | 3.20 | 3.69 |
| PE Ratio | 5.73 | |||||
| Forward PE | 13.17 | 15.93 | 15.45 | 14.21 | 43.12 | 60.33 |
| PS Ratio | 0.29 | 0.42 | 0.30 | 0.14 | 0.15 | 0.29 |
| PB Ratio | 3.78 | -1.97 | -1.13 | 1.30 | -1.93 | -35.53 |
| P/FCF Ratio | 7.64 | 6.73 | 4.24 | 14.95 | ||
| P/OCF Ratio | 6.44 | 6.07 | 3.77 | 10.14 | 4.79 | |
| PEG Ratio | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | |
| EV/Sales Ratio | 0.47 | 0.60 | 0.47 | 0.53 | 0.41 | 0.68 |
| EV/EBITDA Ratio | 9.16 | 7.58 | 6.59 | 10.39 | ||
| EV/EBIT Ratio | 12.85 | 8.98 | 7.71 | 13.93 | ||
| EV/FCF Ratio | 12.25 | 9.60 | 6.52 | 40.52 | ||
| Debt / Equity Ratio | 4.00 | -1.42 | -1.06 | 2.03 | -4.50 | -59.21 |
| Debt / EBITDA Ratio | 5.14 | 3.50 | 3.77 | 3.59 | ||
| Debt / FCF Ratio | 8.10 | 4.85 | 4.00 | 34.92 | ||
| Net Debt / Equity Ratio | 2.28 | -0.82 | -0.79 | 0.96 | -3.32 | -46.36 |
| Net Debt / EBITDA Ratio | 3.44 | 2.23 | 3.01 | 1.98 | -16.31 | -6.98 |
| Net Debt / FCF Ratio | 4.61 | 2.82 | 2.98 | -4.51 | 25.75 | -1.33 |
| Asset Turnover | 1.53 | 1.95 | 2.31 | 1.56 | 1.82 | 1.06 |
| Inventory Turnover | 4.92 | 5.96 | 4.92 | 3.31 | 5.36 | 3.87 |
| Quick Ratio | 0.99 | 0.96 | 0.72 | 0.36 | 0.47 | 0.96 |
| Current Ratio | 1.81 | 1.87 | 1.79 | 1.31 | 1.22 | 1.97 |
| Return on Equity (ROE) | -544.28% | -287.42% | ||||
| Return on Assets (ROA) | 3.53% | 8.15% | 8.72% | 3.68% | -3.11% | -4.99% |
| Return on Invested Capital (ROIC) | 10.79% | 19.28% | 31.18% | 16.22% | -8.84% | -15.03% |
| Return on Capital Employed (ROCE) | 8.80% | 16.40% | 23.50% | 11.10% | -10.60% | -11.70% |
| Earnings Yield | -8.90% | 18.04% | -44.79% | -48.80% | -70.48% | -70.43% |
| FCF Yield | 13.09% | 14.87% | 23.58% | -16.45% | 6.69% | -98.03% |
| Buyback Yield / Dilution | -1.39% | -9.96% | -8.32% | -14.20% | -19.61% | -54.60% |
| Total Shareholder Return | -1.39% | -9.96% | -8.32% | -14.20% | -19.61% | -54.60% |