RAIL · Freightcar America, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · RAIL

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$500.99M	$559.42M	$358.09M	$364.75M	$203.05M	$108.45M
Cost of Revenue	$427.80M	$492.38M	$316.33M	$338.93M	$191.59M	$121.95M
Gross Profit	$73.19M	$67.04M	$41.76M	$25.82M	$11.46M	($13.50M)
R&D	-	-	-	-	-	-
SG&A	$39.27M	$32.91M	$27.49M	$28.23M	$27.53M	$29.82M
Total Operating Expenses	-	-	-	-	-	-
D&A	$6.21M	$5.76M	$4.61M	$4.13M	$4.30M	$9.20M
Operating Income	$33.92M	$37.34M	$10.49M	($15.02M)	($22.76M)	($80.59M)
Interest Expense	-	-	-	-	-	-
Income Tax	($48.98M)	$5.84M	$1.50M	$2.31M	$1.41M	$199.0K
Net Income	$36.86M	($96.00M)	($38.85M)	-	($41.45M)	($84.44M)
EPS - Basic	$1.16	($3.12)	($1.18)	($1.56)	($2.00)	($6.29)
EPS - Diluted	$1.09	($3.12)	($1.18)	($1.56)	($2.00)	($6.29)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$64.30M	$44.45M	$40.56M	$37.91M	$26.24M	$54.05M
Accounts Receivable	$12.44M	$12.51M	$6.41M	$9.57M	$9.57M	$13.88M
Inventory	$68.30M	$75.28M	$125.02M	$64.32M	$56.01M	$38.83M
Accounts Payable	$55.67M	$49.57M	$84.42M	$48.45M	$41.19M	$18.65M
Current Assets	$160.00M	$145.03M	$180.42M	$128.89M	$136.73M	$120.98M
Total Assets	$290.05M	$224.22M	$259.46M	$199.74M	$200.66M	$182.74M
Current Liabilities	$85.60M	$80.83M	$137.36M	$105.98M	$69.32M	$71.15M
Long-term Debt	$97.51M	$105.54M	$0	$51.49M	$79.48M	$37.67M
Total Liabilities	$397.46M	$374.49M	$222.21M	$228.32M	$202.32M	$152.25M
Stockholders' Equity	($107.41M)	($150.27M)	($46.21M)	($28.58M)	($1.66M)	$30.50M
Retained Earnings	($182.51M)	($220.62M)	($142.85M)	($118.91M)	($80.07M)	($38.62M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$34.78M	$44.93M	$4.77M	$11.50M	($55.40M)	($58.91M)
Investing Cash Flow	($9.14M)	($5.02M)	($4.37M)	($7.82M)	($1.68M)	($6.09M)
Financing Cash Flow	($5.79M)	($36.02M)	$2.25M	$7.99M	$29.27M	$52.79M
CapEx	$3.38M	$5.02M	$12.72M	$7.82M	$2.29M	$9.85M
Free Cash Flow	$31.40M	$39.91M	($7.95M)	$3.69M	($57.69M)	($68.75M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	14.6%	12.0%	11.7%	7.1%	5.6%	-12.5%
Operating margin	6.8%	6.7%	2.9%	-4.1%	-11.2%	-74.3%
EBITDA margin	8.0%	7.7%	4.2%	-3.0%	-9.1%	-65.8%
Net margin	7.4%	-17.2%	-10.8%	-	-20.4%	-77.9%
Free cash flow margin	6.3%	7.1%	-2.2%	1.0%	-28.4%	-63.4%
FCF / Net income	0.85	-0.42	0.20	-	1.39	0.81
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	7.8%	5.9%	7.7%	7.7%	13.6%	27.5%
Effective tax rate	-	-	-	-	-	-
Return on assets	12.7%	-42.8%	-15.0%	-	-20.7%	-46.2%
Return on equity	-34.3%	63.9%	84.1%	-	2502.8%	-276.9%
Return on invested capital	-	-	-	-	-23.1%	-93.4%
Liquidity
Current ratio	1.87	1.79	1.31	1.22	1.97	1.70
Quick ratio	1.07	0.86	0.40	0.61	1.16	1.15
Cash ratio	0.75	0.55	0.30	0.36	0.38	0.76
Leverage
Debt / Equity	-0.91	-0.70	0.00	-1.80	-48.00	1.24
Debt / Assets	0.34	0.47	0.00	0.26	0.40	0.21
Debt / EBITDA	2.43	2.45	0.00	-	-	-
Interest coverage	-	-	-	-	-	-
Equity multiplier	-2.70	-1.49	-5.62	-6.99	-121.17	5.99
Liabilities / Assets	1.37	1.67	0.86	1.14	1.01	0.83
Efficiency
Asset turnover	1.73	2.50	1.38	1.83	1.01	0.59
Inventory turnover	6.26	6.54	2.53	5.27	3.42	3.14
Days sales outstanding	9d	8d	7d	10d	17d	47d
Days inventory outstanding	58d	56d	144d	69d	107d	116d
Days payable outstanding	47d	37d	97d	52d	78d	56d
Cash conversion cycle	20d	27d	53d	27d	45d	107d
Valuation
P / E	10.2x	-	-	-	-	-
P / B	-	-	-	-	-	1.1x
P / S	0.7x	0.5x	0.2x	0.2x	0.4x	0.3x
EV / EBITDA	10.1x	7.8x	2.4x	-	-	-
Growth
Revenue growth (YoY)	-10.4%	56.2%	-1.8%	79.6%	87.2%	-52.8%
Revenue CAGR (3y)	11.2%	40.2%	48.9%	16.6%	-20.7%	-35.8%
Revenue CAGR (5y)	35.8%	19.5%	-2.5%	-2.3%	-17.3%	-32.5%
Gross profit growth (YoY)	9.2%	60.5%	61.7%	125.4%	-	5.6%
Operating income growth (YoY)	-9.2%	255.9%	-	34.0%	71.8%	-6.6%
Net income growth (YoY)	-	-147.1%	-	-	50.9%	-12.3%
EPS growth (YoY)	-	-164.4%	24.4%	22.0%	68.2%	-5.7%
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-21.3%	-	-	-	16.1%	-180.0%
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	28.5%	-225.2%	-61.6%	-1626.1%	-	-74.0%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$500.99M total

Manufacturing$473.86M · 94.6%

Aftermarket$27.14M · 5.4%

Product / service

$500.68M total

Railcar Sales$473.54M · 94.6%

Aftermarket Sales$27.14M · 5.4%

Geographic

$515.35M total

US$500.99M · 97.2%

Customers Outside Of Us$14.36M · 2.8%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.62

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✗Cash flow > net income
✓Long-term debt decreased
✓Current ratio improved
✗No share dilution
✓Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Railroad Equipment

Company	Revenue (last FY)	Net margin	ROE
WAB	$11.17B	10.5%	10.5%
GBX	$3.24B	6.3%	13.3%
NYSE/TRN	$2.16B	11.7%	23.5%
RVSN	$1.49M	-746.5%	-54.6%

Comparing FreightCar America against the 4 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Aug 15, 2017	$0.0900
May 16, 2017	$0.0900
Feb 14, 2017	$0.0900
Nov 15, 2016	$0.0900
Aug 16, 2016	$0.0900
May 17, 2016	$0.0900
Feb 16, 2016	$0.0900
Nov 17, 2015	$0.0900
Aug 18, 2015	$0.0900
May 19, 2015	$0.0900
Feb 17, 2015	$0.0900
Nov 19, 2014	$0.0600
Aug 20, 2014	$0.0600
May 21, 2014	$0.0600
Feb 19, 2014	$0.0600
Nov 20, 2013	$0.0600
Aug 21, 2013	$0.0600
May 22, 2013	$0.0600
Feb 20, 2013	$0.0600
Nov 20, 2012	$0.0600
Aug 22, 2012	$0.0600
May 23, 2012	$0.0600
Feb 23, 2012	$0.0600
Feb 18, 2010	$0.0600