FreightCar America Inc. (RAIL) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	—	-$0.02	—	—	$113.1M	—
Q4 25	$0.19	$0.16	-15.8%	—	$125.6M	—
Q3 25	$0.16	$0.24	+50.0%	—	$160.5M	—
Q2 25	$0.33	$0.33	0.0%	—	$118.6M	—
Q1 25	$0.08	$0.05	-37.5%	—	$96.3M	—
Q4 24	$0.05	$0.21	+320.0%	—	$137.7M	—
Q3 24	$0.05	$0.08	+60.0%	—	$113.3M	—
Q2 24	$0.05	$0.05	0.0%	—	$147.4M	—
Q1 24	$0.01	$0.02	+100.0%	—	$161.1M	—
Q4 23	-$0.01	-$0.07	-600.0%	—	$126.6M	—
Q3 23	-$0.04	$0.03	+175.0%	—	$61.9M	—
Q2 23	-$0.12	-$0.14	-16.7%	—	$88.6M	—
Q1 23	-$0.21	-$0.19	+9.5%	—	$81M	—
Q4 22	-$0.11	-$0.31	-181.8%	—	$129M	—
Q3 22	-$0.24	-$0.21	+12.5%	—	$85.7M	—
Q2 22	-$0.09	-$0.11	-22.2%	—	$56.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.16	—	—	$501M	—
FY24	—	-$3.12	—	—	$559.4M	—
FY23	—	-$1.18	—	—	$358.1M	—
FY22	—	-$1.56	—	—	$364.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$523.7M	$409.5M	$316.5M	$230M	$108.4M	$203.1M	$364.8M	$358.1M	$559.4M	$501M
YoY change	-32.2%	-21.8%	-22.7%	-27.3%	-52.8%	+87.2%	+79.6%	-1.83%	+56.2%	-10.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	523.7M	409.5M	316.5M	230M	108.4M	203.1M	364.8M	358.1M	559.4M	501M
Cost of revenue	483.6M	406.5M	320.1M	244.3M	121.9M	191.6M	338.9M	316.3M	492.4M	427.8M
Gross profit	40.2M	3M	-3.6M	-14.3M	-13.5M	11.5M	25.8M	41.8M	67M	73.2M
Gross margin	7.67%	0.73%	-1.15%	-6.22%	-12.5%	5.64%	7.08%	11.7%	12%	14.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	36.4M	33M	29.1M	38.3M	29.8M	27.5M	28.2M	27.5M	32.9M	39.3M
Operating expenses	36.4M	33M	29.1M	38.3M	29.8M	27.5M	28.2M	27.5M	32.9M	39.3M
Operating income	3.8M	-30M	-32.7M	-52.6M	-43.3M	-16.1M	-2.4M	14.3M	34.1M	33.9M
Operating margin	0.73%	-7.32%	-10.3%	-22.9%	-39.9%	-7.92%	-0.66%	3.99%	6.1%	6.77%
Non-operating income, net	12.2M	-1.3M	2.4M	-22.1M	-40.4M	-10.6M	-8.7M	-21.3M	-97.3M	-27.2M
Pretax income	15.8M	-31.4M	-30.4M	-75.4M	-85.9M	-40M	-36.5M	-22.1M	-70M	-10.9M
Income tax	3.5M	-8.8M	10.2M	-115K	199K	1.4M	2.3M	1.5M	5.8M	-49M
Net income	12.3M	-22.6M	-40.6M	-75.2M	-86.1M	-41.4M	-38.8M	-23.6M	-75.8M	38.1M
Net margin	2.35%	-5.51%	-12.8%	-32.7%	-79.4%	-20.4%	-10.7%	-6.59%	-13.6%	7.61%
EBITDA	13.7M	-20.1M	-18.8M	-39.3M	-33.5M	-11M	4.2M	18.4M	38.9M	45.1M
EPS	1	-1.82	-3.26	-5.95	-6.29	-2	-1.56	-1.18	-3.12	1.16
Diluted EPS	1	-1.82	-3.26	-5.95	-6.29	-2	-1.56	-1.18	-3.12	1.09

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	61.9M	126.6M	161.1M	147.4M	113.3M	137.7M	96.3M	118.6M	160.5M	125.6M	64.3M	113.1M
Cost of revenue	52.7M	114.5M	149.7M	129M	97.1M	116.7M	81.9M	100.8M	136.3M	108.8M	53.5M	107M
Gross profit	9.2M	12.1M	11.4M	18.4M	16.2M	21M	14.4M	17.8M	24.2M	16.8M	10.8M	6.2M
Gross margin	14.9%	9.56%	7.08%	12.5%	14.3%	15.3%	14.9%	15%	15.1%	13.4%	16.8%	5.45%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	7.5M	7.7M	7.5M	8.5M	7.5M	9.4M	10.5M	10.1M	9.6M	9M	11.4M	10.5M
Operating expenses	7.5M	7.7M	7.5M	8.5M	7.5M	9.4M	10.5M	10.1M	9.6M	9M	11.4M	10.5M
Operating income	1.7M	4.4M	3.9M	9.9M	8.7M	11.6M	3.9M	7.7M	14.6M	7.8M	-594K	-4.3M
Operating margin	2.77%	3.44%	2.43%	6.73%	7.64%	8.45%	4.02%	6.5%	9.07%	6.2%	-0.92%	-3.8%
Non-operating income, net	3.7M	-4.6M	-15.7M	2.6M	-110.7M	26.5M	52.7M	-44.3M	-17.5M	-18.1M	49.3M	-25.1M
Pretax income	3.4M	-2.2M	-14.1M	10.7M	-103.6M	37.1M	52.3M	-41M	-7.6M	-14.6M	45.3M	-32.4M
Income tax	216K	614K	-2.6M	2.5M	3.4M	2.5M	1.8M	-52.7M	-146K	2M	3.7M	-2.3M
Net income	3.2M	-2.9M	-11.6M	8.2M	-107M	34.6M	50.4M	11.7M	-7.4M	-16.6M	41.6M	-30.1M
Net margin	5.16%	-2.26%	-7.18%	5.55%	-94.5%	25.1%	52.4%	9.85%	-4.64%	-13.2%	64.8%	-26.6%
EBITDA	2.6M	5.7M	5.3M	10.6M	9.4M	13.6M	5.2M	12.6M	16.2M	11.1M	1.5M	-2.7M
EPS	-0.03	—	-0.54	0.12	-3.57	0.86	1.54	0.36	-0.23	-0.52	1.27	-0.94
Diluted EPS	-0.03	—	-0.54	0.11	-3.57	0.86	1.52	0.34	-0.23	-0.52	1.15	-0.94

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	183.1M	209.8M	82.4M	25.6M	32.4M	—	—	—	275.3M	352.1M	232.8M
Enterprise value	90.3M	79.1M	19.3M	38.2M	63.8M	—	—	—	389.9M	440.2M	317.9M
Shares outstanding	12.3M	12.3M	12.3M	12.4M	13.4M	20.8M	24.8M	28.4M	30.7M	31.8M	31.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.9	—	—	—	—	—	—	—	—	9.24	11.5
P/S	0.35	0.51	0.26	0.11	0.3	—	—	—	0.49	0.7	0.51
P/B	0.71	0.91	0.43	0.22	1.06	—	—	—	-1.83	-3.28	6.5
EV/EBITDA	6.62	-3.94	-1.03	-0.97	-1.9	—	—	—	10	9.76	13.3
EV/Sales	0.17	0.19	0.06	0.17	0.59	—	—	—	0.7	0.88	0.69
Earnings yield	6.73%	—	—	—	—	—	—	—	—	10.8%	8.67%
FCF yield	-7.45%	18.8%	-86.4%	-96%	-212.4%	—	—	—	14.5%	8.92%	6.39%
PEG	—	—	—	—	—	—	—	—	—	—	-0.03

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	7.67%	0.73%	-1.15%	-6.22%	-12.5%	5.64%	7.08%	11.7%	12%	14.6%	5.45%
Operating margin	0.73%	-7.32%	-10.3%	-22.9%	-39.9%	-7.92%	-0.66%	3.99%	6.1%	6.77%	-3.83%
Net margin	2.35%	-5.51%	-12.8%	-32.7%	-79.4%	-20.4%	-10.7%	-6.59%	-13.6%	7.61%	-2.69%
ROE	4.8%	-9.74%	-21%	-64.2%	-282.3%	2.5K%	135.9%	51.1%	50.5%	-35.5%	-34.3%
ROA	3.63%	-7.62%	-14%	-30.7%	-47.1%	-20.7%	-19.4%	-9.09%	-33.8%	13.1%	3.53%
ROIC	1.81%	-29.7%	-25%	-40.5%	-70%	-21.4%	-3.71%	-119.4%	-95.5%	-175.3%	14.8%
Return on tangible assets	4.16%	-8.92%	-16.4%	-30.7%	-47.1%	-20.7%	-19.4%	-9.09%	-33.8%	13.4%	-4.59%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.45	4.96	2.51	2.22	1.7	1.97	1.22	1.31	1.79	1.87	1.81
Quick ratio	2.65	3.7	1.47	1.71	1.15	1.16	0.61	0.4	0.86	1.07	1.12
Debt / equity	—	—	0	0.67	2.8	-59.2	-4.45	-1.6	-1.06	-1.42	4
Debt / assets	—	—	0	0.32	0.47	0.49	0.64	0.28	0.71	0.53	0.52
Net debt / EBITDA	—	—	3.35	-0.32	-0.94	-7.01	22.5	1.86	2.94	1.95	3.14
Interest coverage	93.3	-191.7	-195.2	-122.7	-37.6	-2.01	-0.44	-0.47	-9.22	0.38	0.39
Effective tax rate	21.9%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	42.7	33.3	25.7	18.6	8.07	9.78	14.7	12.6	18.2	15.8	14.5
EPS (basic)	1	-1.82	-3.26	-5.95	-6.29	-2	-1.56	-1.18	-3.12	1.16	1.16
EPS (diluted)	1	-1.82	-3.26	-5.95	-6.29	-2	-1.56	-1.18	-3.12	1.09	-0.38
Book value per share	21	18.9	15.7	9.48	2.27	-0.08	-1.15	-1.63	-4.89	-3.38	1.1
FCF per share	-1.11	3.2	-5.78	-1.99	-5.12	-2.78	0.15	-0.28	1.3	0.99	0.56
Cash per share	7.56	10.6	5.12	5.36	4.02	1.02	1.36	1.4	1.45	2.02	1.91
Capex per share	1.13	0.07	3.01	0.95	0.72	0.09	0.31	0.15	0.16	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.64%	0.21%	11.7%	5.1%	8.93%	0.91%	2.14%	1.22%	0.9%	—	—
Capex / operating cash flow	62%	2.02%	-113.3%	-68%	-12.5%	-3.08%	2.5K%	-26.1%	-9.26%	—	—
Payout ratio	36.1%	-14.9%	0%	—	—	—	—	—	-36.8%	0%	0%
Dividend yield	2.43%	1.6%	0%	—	—	—	—	—	10.1%	0%	5.06%

Yield

5.06%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.09

ex-dividend Aug 15, 2017

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 15, 2017	$0.09
May 16, 2017	$0.09
Feb 14, 2017	$0.09
Nov 15, 2016	$0.09
Aug 16, 2016	$0.09
May 17, 2016	$0.09
Feb 16, 2016	$0.09
Nov 17, 2015	$0.09

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$61.9M	$126.6M	$161.1M	$147.4M	$113.3M	$137.7M	$96.3M	$118.6M	$160.5M	$125.6M	$64.3M	$113.1M
YoY change	-27.8%	-1.85%	+98.8%	+66.4%	+83%	+8.76%	-40.2%	-19.5%	+41.7%	-8.81%	-33.2%	-4.62%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	92.8M	130.7M	63.1M	66.3M	54M	21.3M	33.8M	39.6M	44.5M	64.3M
Receivables	25.2M	7.6M	18.2M	7M	9.4M	9.6M	9.6M	6.4M	12.5M	12.4M
Inventory	97.9M	50.8M	64.6M	25.1M	38.8M	56M	64.3M	125M	75.3M	68.3M
Total current assets	241.2M	199.9M	155.8M	109.7M	121M	136.7M	128.9M	180.4M	145M	160M
Property, plant & equipment	41M	32.9M	39M	133.7M	34.5M	31.2M	54.1M	74.1M	77.4M	69.7M
Goodwill & intangibles	43M	43M	43M	0	—	—	—	—	—	4.9M
Total assets	339.3M	295.9M	289.7M	245.2M	182.7M	200.7M	199.7M	259.5M	224.2M	290M
Accounts payable	34.5M	23.3M	34.7M	11.7M	17.8M	41.2M	48.4M	84.4M	49.6M	55.7M
Short-term debt	—	—	—	15M	29.2M	2M	40.7M	29.4M	4.1M	11.6M
Total current liabilities	54.1M	40.3M	62M	49.4M	71.1M	69.3M	106M	137.4M	80.8M	85.6M
Long-term debt	—	—	0	64M	56.2M	96.1M	86.5M	44.4M	154.9M	140.7M
Total liabilities	82.3M	64.2M	96.1M	128M	152.2M	202.3M	228.3M	305.7M	374.5M	397.5M
Shareholders' equity	256.9M	231.7M	193.6M	117.2M	30.5M	-1.7M	-28.6M	-46.2M	-150.3M	-107.4M
Total debt	—	—	0	78.9M	85.5M	98.1M	127.3M	73.9M	159M	152.4M
Net debt	—	—	-45.1M	12.7M	31.4M	76.8M	93.4M	34.3M	114.5M	88.1M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	10.3M	39.6M	12.9M	36.9M	41.1M	44.5M	54.1M	61.4M	62.7M	64.3M	52.8M	63M
Receivables	10.7M	6.4M	35M	12.8M	24.3M	12.5M	18.4M	16.2M	32.5M	12.4M	12.8M	13.2M
Inventory	122.1M	125M	109.8M	64.5M	84.8M	75.3M	79.1M	107.1M	104.2M	68.3M	80.1M	57.8M
Total current assets	157.7M	180.4M	170.8M	127.1M	168.1M	145M	173M	204M	221.1M	160M	163.5M	150.9M
Property, plant & equipment	71M	74.1M	73.1M	77.6M	76.8M	77.4M	75.5M	69.1M	68.9M	69.7M	69.2M	67.8M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	4.9M	4.7M	4.5M
Total assets	229.3M	259.5M	248.7M	207.2M	245.9M	224.2M	250.5M	328.1M	340.8M	290M	288M	276.1M
Accounts payable	51.6M	84.4M	75.9M	45.1M	74.4M	49.6M	64.7M	89.4M	98.6M	55.7M	53.6M	63.2M
Short-term debt	—	29.4M	30M	—	—	4.1M	4.2M	3.7M	4.2M	11.6M	4.8M	4.9M
Total current liabilities	85.5M	137.4M	122.1M	68.1M	104.8M	80.8M	108.1M	129.8M	132.8M	85.6M	90.3M	83.3M
Long-term debt	67.1M	44.4M	44.1M	48.7M	48.3M	154.9M	154.1M	148.6M	148.2M	140.7M	140.9M	140.1M
Total liabilities	273.6M	305.7M	305.6M	256.1M	402.3M	374.5M	347.9M	411.6M	431.6M	397.5M	353.3M	239.9M
Shareholders' equity	-44.3M	-46.2M	-57M	-48.8M	-156.3M	-150.3M	-97.4M	-83.5M	-90.9M	-107.4M	-65.3M	36.2M
Total debt	67.1M	73.9M	74.1M	48.7M	48.3M	159M	158.3M	152.3M	152.3M	152.4M	145.7M	144.9M
Net debt	56.8M	34.3M	61.2M	11.7M	7.1M	114.5M	104.2M	90.9M	89.6M	88.1M	92.9M	81.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	12.3M	-22.6M	-40.6M	-75.2M	-86.1M	-41.4M	-38.8M	-23.6M	-75.8M	38.1M
Depreciation & amortization	9.7M	9.4M	12M	12.4M	9.2M	4.3M	4.1M	4.6M	5.8M	6.2M
Stock-based compensation	1.1M	1.2M	3.2M	1.2M	1M	3M	2.1M	1.2M	3.1M	3.6M
Change in working capital	8.3M	60.6M	-17.5M	14.5M	-30M	-38M	16.5M	-12M	9.2M	6.1M
Operating cash flow	22.3M	41.9M	-32.7M	-17.3M	-77.3M	-60.3M	311K	-16.7M	-54.2M	34.8M
Capital expenditure	-13.8M	-848K	-37.1M	11.7M	-9.7M	-1.9M	-7.8M	-4.4M	-5M	—
Investing cash flow	14.1M	-45.3M	-10.9M	31M	-6.1M	-1.7M	-7.8M	-4.4M	-5M	-5.8M
Dividends paid	-4.5M	-3.4M	0	—	—	—	—	—	-27.9M	0
Share repurchases	-78K	-23K	-118K	-59K	-9K	-12K	—	—	-85.4M	0
Financing cash flow	-4.6M	-3.4M	-128K	9.2M	59.6M	-4.1M	-116.8M	-157M	-36M	-5.3M
Net change in cash	31.8M	-6.8M	-43.8M	22.9M	-23.8M	-66.1M	-124.3M	-178.1M	-95.2M	23.7M
Free cash flow	-13.6M	39.4M	-71.2M	-24.6M	-68.8M	-57.7M	3.7M	-8M	39.9M	31.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	3.2M	-2.9M	-11.6M	8.2M	-107M	34.6M	50.4M	11.7M	-7.4M	-16.6M	41.6M	-30.1M
Depreciation & amortization	1.1M	1.4M	1.4M	1.4M	1.4M	1.5M	1.5M	1.6M	1.6M	1.6M	1.9M	1.8M
Stock-based compensation	715K	716K	760K	766K	804K	780K	1.9M	761K	433K	496K	1.1M	991K
Change in working capital	-3.8M	24.9M	-30.1M	47.1M	-2.7M	-6.1M	8.1M	-2.3M	-5.9M	9.1M	-2.6M	15.9M
Operating cash flow	3.2M	26.7M	-37M	58.3M	-106.5M	30.1M	65.1M	8.5M	3.4M	10M	-4.3M	12.1M
Capital expenditure	-4M	-3.8M	-966K	-1.3M	-1.5M	-1.3M	-330K	—	—	—	—	—
Investing cash flow	-4M	-3.8M	-966K	-1.3M	-1.5M	-1.3M	-330K	—	0	0	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-8.6M	-38.5M	-255K	-30.5M	-250K	114.4M	-2.3M	-1.2M	-856K	-869K	-6.6M	-718K
Net change in cash	-9.5M	-15.6M	-38.3M	26.5M	-108.2M	143.3M	62.4M	7.3M	2.6M	9.2M	-10.9M	11.4M
Free cash flow	-4.9M	27.4M	-26.3M	55.9M	5.7M	4.6M	12.5M	7.9M	2.2M	8.8M	-4.5M	11.3M

FreightCar America Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement