FreightCar America, Inc., a Delaware corporation (“FreightCar”), with its subsidiaries (the “Company”, “we”, “us”, or “our” refers to FreightCar and its subsidiaries), is a diversified manufacturer and supplier of railcars and railcar components. We design and manufacture a broad variety of railcar types for transportation of bulk commodities and containerized freight products primarily in North America. We also provide railcar rebody and repair services, railcar conversion services that repurpose idled rail assets back into revenue service, and supply railcar parts. We have been manufacturing railcars since 1901. Our primary customers are financial institutions, shippers, and railroads which represented 42%, 33%, and 22% respectively, of our total sales attributable to each type of customer for the year ended December 31, 2024.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 513M | 559M | 358M | 365M | 203M | 108M |
| Net Income | 0 | -96M | -34M | - | -41M | -84M |
| EPS | $2.52 | $-3.12 | $-1.18 | $-1.56 | $-2.00 | $-6.29 |
| Free Cash Flow | 27M | 40M | -8.0M | 3.7M | -58M | -69M |
| ROIC | 8.8% | 15.4% | 4.0% | - | -53.3% | -129.1% |
| Gross Margin | 15.1% | 12.0% | 11.7% | 7.1% | 5.6% | -12.5% |
| Debt/Equity | 0.00 | -0.74 | -1.27 | -4.65 | -48.00 | 2.39 |
| Dividends/Share | $0.00 | $0.91 | $0.00 | - | - | - |
| Operating Income | 38M | 37M | 10M | -15M | -23M | -81M |
| Operating Margin | 7.4% | 6.7% | 2.9% | -4.1% | -11.2% | -74.3% |
| ROE | 0.0% | - | - | - | - | -276.9% |
| Shares Outstanding | 19M | 31M | 28M | 18M | 21M | 13M |
FreightCar America, Inc. passes 5 of 9 quality checks, suggesting mixed fundamentals.
FreightCar America, Inc. trades at 3.7x trailing earnings, compared to its 15-year median P/E of 11.3x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 6.6x vs a median of 7.1x. The company's 5-year average gross margin is 4.8%. Total shareholder yield (dividends) is 9.6%. At current prices, the estimated annualized return to fair value is +8.9%.
FreightCar America, Inc. (RAIL) has a current P/E ratio of 3.7, compared to its historical median P/E of 11.3. The stock is currently considered Cheap based on its historical valuation range.
FreightCar America, Inc. (RAIL) has a 5-year average return on invested capital (ROIC) of -40.7%. This is below average and may indicate limited pricing power.
FreightCar America, Inc. (RAIL) has a market capitalization of $180M. It is classified as a small-cap stock.
Yes, FreightCar America, Inc. (RAIL) pays a dividend with a trailing twelve-month yield of 9.62%.
Based on historical P/E analysis, FreightCar America, Inc. (RAIL) appears cheap. The current P/E of 3.7 is 67% below its historical median of 11.3. The estimated fair value CAGR (P/E method) is 17.8%.
FreightCar America, Inc. (RAIL) operates in the Railroad Equipment industry, within the Industrials sector.
FreightCar America, Inc. (RAIL) reported annual revenue of $559 million in its most recent fiscal year, based on SEC EDGAR filings.
FreightCar America, Inc. (RAIL) has a net profit margin of -17.2%. The company is currently unprofitable.
FreightCar America, Inc. (RAIL) generated $40 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
FreightCar America, Inc. (RAIL) reported earnings per share (EPS) of $-3.12 in its most recent fiscal year.
FreightCar America, Inc. (RAIL) has a 5-year average gross margin of 4.8%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for FreightCar America, Inc. (RAIL), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
FreightCar America, Inc. (RAIL) has a book value per share of $-4.88, based on its most recent annual SEC filing.