This page shows Freightcar Amer Inc (RAIL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Freightcar Amer Inc has an operating margin of 6.8%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 37/100, indicating healthy but not exceptional operating efficiency. This is up from 6.7% the prior year.
Freightcar Amer Inc's revenue declined 10.4% year-over-year, from $559.4M to $501.0M. This contraction results in a growth score of 16/100.
Freightcar Amer Inc's current ratio of 1.87 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
Freightcar Amer Inc has a free cash flow margin of 6.3%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.
Freightcar Amer Inc scores 1.78, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Freightcar Amer Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Freightcar Amer Inc generates $0.91 in operating cash flow ($34.8M OCF vs $38.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Freightcar Amer Inc earns $1.9 in operating income for every $1 of interest expense ($33.9M vs $17.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Freightcar Amer Inc generated $501.0M in revenue in fiscal year 2025. This represents a decrease of 10.4% from the prior year.
Freightcar Amer Inc's EBITDA was $40.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 6.9% from the prior year.
Freightcar Amer Inc reported $38.1M in net income in fiscal year 2025. This represents an increase of 150.3% from the prior year.
Freightcar Amer Inc earned $1.09 per diluted share (EPS) in fiscal year 2025. This represents an increase of 134.9% from the prior year.
Cash & Balance Sheet
Freightcar Amer Inc generated $31.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 21.3% from the prior year.
Freightcar Amer Inc held $64.3M in cash against $97.5M in long-term debt as of fiscal year 2025.
Freightcar Amer Inc had 19M shares outstanding in fiscal year 2025. This represents an increase of 0.7% from the prior year.
Margins & Returns
Freightcar Amer Inc's gross margin was 14.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.6 percentage points from the prior year.
Freightcar Amer Inc's operating margin was 6.8% in fiscal year 2025, reflecting core business profitability. This is up 0.1 percentage points from the prior year.
Freightcar Amer Inc's net profit margin was 7.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 21.2 percentage points from the prior year.
Capital Allocation
Freightcar Amer Inc invested $3.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 32.7% from the prior year.
RAIL Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $125.6M-21.8% | $160.5M+35.3% | $118.6M+23.2% | $96.3M-30.1% | $137.7M+21.6% | $113.3M-23.2% | $147.4M-8.5% | $161.1M |
| Cost of Revenue | $108.8M-20.2% | $136.3M+35.2% | $100.8M+23.1% | $81.9M-29.8% | $116.7M+20.2% | $97.1M-24.8% | $129.0M-13.8% | $149.7M |
| Gross Profit | $16.8M-30.7% | $24.2M+35.8% | $17.8M+23.8% | $14.4M-31.5% | $21.0M+29.7% | $16.2M-12.1% | $18.4M+61.6% | $11.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $9.0M-6.8% | $9.6M-4.6% | $10.1M-3.9% | $10.5M+12.3% | $9.4M+24.4% | $7.5M-11.4% | $8.5M+13.6% | $7.5M |
| Operating Income | $7.8M-46.5% | $14.6M+88.9% | $7.7M+99.1% | $3.9M-66.7% | $11.6M+34.4% | $8.7M-34.1% | $13.1M+235.9% | $3.9M |
| Interest Expense | -$4.2M+9.4% | -$4.6M-5.8% | -$4.4M-1.1% | -$4.3M-318.9% | -$1.0M+34.4% | -$1.6M+14.6% | -$1.8M+22.8% | -$2.4M |
| Income Tax | $2.0M+1484.9% | -$146K+99.7% | -$52.7M-2969.7% | $1.8M-26.9% | $2.5M-26.3% | $3.4M+36.4% | $2.5M+196.9% | -$2.6M |
| Net Income | -$16.6M-122.7% | -$7.4M-163.7% | $11.7M-76.8% | $50.4M+45.7% | $34.6M+132.3% | -$107.0M-1409.1% | $8.2M+170.7% | -$11.6M |
| EPS (Diluted) | N/A | $-0.23-167.6% | $0.34-77.6% | $1.52 | N/A | $-3.57-3345.5% | $0.11+120.4% | $-0.54 |
RAIL Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $290.0M-14.9% | $340.8M+3.9% | $328.1M+31.0% | $250.5M+11.7% | $224.2M-8.8% | $245.9M+18.7% | $207.2M-16.7% | $248.7M |
| Current Assets | $160.0M-27.6% | $221.1M+8.4% | $204.0M+17.9% | $173.0M+19.3% | $145.0M-13.7% | $168.1M+32.3% | $127.1M-25.6% | $170.8M |
| Cash & Equivalents | $64.3M+2.5% | $62.7M+2.3% | $61.4M+13.4% | $54.1M+21.7% | $44.5M-0.8% | $44.8M+13.9% | $39.4M+181.7% | $14.0M |
| Inventory | $68.3M-34.5% | $104.2M-2.7% | $107.1M+35.4% | $79.1M+5.1% | $75.3M-11.2% | $84.8M+31.5% | $64.5M-41.3% | $109.8M |
| Accounts Receivable | $12.4M-61.7% | $32.5M+100.7% | $16.2M-11.7% | $18.4M+46.8% | $12.5M-48.6% | $24.3M+89.8% | $12.8M-63.4% | $35.0M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $397.5M-7.9% | $431.6M+4.9% | $411.6M+18.3% | $347.9M-7.1% | $374.5M-6.9% | $402.3M+57.1% | $256.1M-16.2% | $305.6M |
| Current Liabilities | $85.6M-35.6% | $132.8M+2.4% | $129.8M+20.1% | $108.1M+33.7% | $80.8M-22.9% | $104.8M+53.9% | $68.1M-44.2% | $122.1M |
| Long-Term Debt | $97.5M-6.8% | $104.7M-0.3% | $105.0M-0.3% | $105.3M-0.2% | $105.5M | N/A | N/A | N/A |
| Total Equity | -$107.4M-18.2% | -$90.9M-8.9% | -$83.5M+14.3% | -$97.4M+35.2% | -$150.3M+3.9% | -$156.3M-220.1% | -$48.8M+14.3% | -$57.0M |
| Retained Earnings | -$182.5M-10.0% | -$165.9M-4.7% | -$158.5M+6.9% | -$170.2M+22.9% | -$220.6M+13.0% | -$253.7M-73.2% | -$146.5M+5.2% | -$154.6M |
RAIL Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.0M+194.5% | $3.4M-60.0% | $8.5M-33.3% | $12.8M+117.4% | $5.9M-17.9% | $7.2M-87.5% | $57.2M+325.9% | -$25.3M |
| Capital Expenditures | $1.3M+9.5% | $1.2M+91.4% | $608K+84.2% | $330K-74.4% | $1.3M-11.9% | $1.5M+12.2% | $1.3M+34.9% | $966K |
| Free Cash Flow | $8.8M+290.5% | $2.2M-71.6% | $7.9M-36.5% | $12.5M+171.1% | $4.6M-19.5% | $5.7M-89.8% | $55.9M+312.6% | -$26.3M |
| Investing Cash Flow | -$7.6M-554.9% | -$1.2M-4960.9% | -$23K+93.0% | -$330K+74.4% | -$1.3M+11.9% | -$1.5M-12.2% | -$1.3M-34.9% | -$966K |
| Financing Cash Flow | -$869K-1.5% | -$856K+30.7% | -$1.2M+56.3% | -$2.8M+43.1% | -$5.0M-1891.2% | -$250K+99.2% | -$30.5M-10239.3% | -$295K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
RAIL Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.4%-1.7pp | 15.1%+0.1pp | 15.0%+0.1pp | 14.9%-0.3pp | 15.3%+1.0pp | 14.3%+1.8pp | 12.5%+5.4pp | 7.1% |
| Operating Margin | 6.2%-2.9pp | 9.1%+2.6pp | 6.5%+2.5pp | 4.0%-4.4pp | 8.5%+0.8pp | 7.6%-1.3pp | 8.9%+6.5pp | 2.4% |
| Net Margin | -13.2%-8.6pp | -4.6%-14.5pp | 9.8%-42.5pp | 52.4%+27.3pp | 25.1%+119.7pp | -94.5%-100.1pp | 5.5%+12.7pp | -7.2% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -5.7%-3.5pp | -2.2%-5.7pp | 3.6%-16.6pp | 20.1%+4.7pp | 15.4%+59.0pp | -43.5%-47.5pp | 4.0%+8.6pp | -4.7% |
| Current Ratio | 1.87+0.2 | 1.66+0.1 | 1.57-0.0 | 1.60-0.2 | 1.79+0.2 | 1.60-0.3 | 1.87+0.5 | 1.40 |
| Debt-to-Equity | -0.91+0.2 | -1.15+0.1 | -1.26-0.2 | -1.08-0.4 | -0.70+1.9 | -2.57+2.7 | -5.24+0.1 | -5.37 |
| FCF Margin | 7.0%+5.6pp | 1.4%-5.3pp | 6.7%-6.3pp | 12.9%+9.6pp | 3.3%-1.7pp | 5.0%-32.9pp | 37.9%+54.2pp | -16.3% |
Note: Shareholder equity is negative (-$107.4M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
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Frequently Asked Questions
What is Freightcar Amer Inc's annual revenue?
Freightcar Amer Inc (RAIL) reported $501.0M in total revenue for fiscal year 2025. This represents a -10.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Freightcar Amer Inc's revenue growing?
Freightcar Amer Inc (RAIL) revenue declined by 10.4% year-over-year, from $559.4M to $501.0M in fiscal year 2025.
Is Freightcar Amer Inc profitable?
Yes, Freightcar Amer Inc (RAIL) reported a net income of $38.1M in fiscal year 2025, with a net profit margin of 7.6%.
What is Freightcar Amer Inc's EBITDA?
Freightcar Amer Inc (RAIL) had EBITDA of $40.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Freightcar Amer Inc have?
As of fiscal year 2025, Freightcar Amer Inc (RAIL) had $64.3M in cash and equivalents against $97.5M in long-term debt.
What is Freightcar Amer Inc's gross margin?
Freightcar Amer Inc (RAIL) had a gross margin of 14.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Freightcar Amer Inc's operating margin?
Freightcar Amer Inc (RAIL) had an operating margin of 6.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Freightcar Amer Inc's net profit margin?
Freightcar Amer Inc (RAIL) had a net profit margin of 7.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Freightcar Amer Inc's free cash flow?
Freightcar Amer Inc (RAIL) generated $31.4M in free cash flow during fiscal year 2025. This represents a -21.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Freightcar Amer Inc's operating cash flow?
Freightcar Amer Inc (RAIL) generated $34.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Freightcar Amer Inc's total assets?
Freightcar Amer Inc (RAIL) had $290.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Freightcar Amer Inc's capital expenditures?
Freightcar Amer Inc (RAIL) invested $3.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Freightcar Amer Inc's current ratio?
Freightcar Amer Inc (RAIL) had a current ratio of 1.87 as of fiscal year 2025, which is generally considered healthy.
What is Freightcar Amer Inc's debt-to-equity ratio?
Freightcar Amer Inc (RAIL) had a debt-to-equity ratio of -0.91 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Freightcar Amer Inc's return on assets (ROA)?
Freightcar Amer Inc (RAIL) had a return on assets of 13.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Freightcar Amer Inc's debt-to-equity ratio negative or unusual?
Freightcar Amer Inc (RAIL) has negative shareholder equity of -$107.4M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Freightcar Amer Inc's Altman Z-Score?
Freightcar Amer Inc (RAIL) has an Altman Z-Score of 1.78, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Freightcar Amer Inc's Piotroski F-Score?
Freightcar Amer Inc (RAIL) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Freightcar Amer Inc's earnings high quality?
Freightcar Amer Inc (RAIL) has an earnings quality ratio of 0.91x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Freightcar Amer Inc cover its interest payments?
Freightcar Amer Inc (RAIL) has an interest coverage ratio of 1.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Freightcar Amer Inc?
Freightcar Amer Inc (RAIL) scores 32 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.