FreightCar America share price today
FreightCar America, Inc. · RAIL · Industrials · Railroads · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
FreightCar America share price: $4.20 at the close on 4 November 2026, −50.5% in a year.
FreightCar America, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
The price has been between phases. But the balance sheet is under water: net worth is negative, so shareholders come after everyone the company owes. What will decide it: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first.
What is the FreightCar America share price today?
FreightCar America, Inc.'s share price was $4.20 at the close on 4 November 2026. That is 50.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $4 and $14, and at that close it was at the low of that range.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 19 weeks running.
Nov 2026: $4.20, 50.5% below its 200-day average.
- Price $4.20
- 50-day avg $6.19
- 200-day avg $8.49
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $11.92 | – | – |
| 18 Jul 2025 | $10.89 | – | – |
| 25 Jul 2025 | $11.46 | – | – |
| 1 Aug 2025 | $9.80 | – | – |
| 8 Aug 2025 | $9.00 | – | – |
| 15 Aug 2025 | $8.58 | – | – |
| 22 Aug 2025 | $8.98 | – | – |
| 29 Aug 2025 | $8.54 | – | – |
| 5 Sep 2025 | $8.36 | – | – |
| 12 Sep 2025 | $8.46 | – | – |
| 19 Sep 2025 | $9.10 | $9.47 | – |
| 26 Sep 2025 | $9.49 | $9.29 | – |
| 3 Oct 2025 | $9.50 | $9.13 | – |
| 10 Oct 2025 | $9.40 | $9.04 | – |
| 17 Oct 2025 | $9.41 | $9.04 | – |
| 24 Oct 2025 | $9.79 | $9.07 | – |
| 31 Oct 2025 | $8.89 | $9.17 | – |
| 7 Nov 2025 | $8.48 | $9.14 | – |
| 14 Nov 2025 | $8.23 | $9.17 | – |
| 21 Nov 2025 | $7.75 | $9.09 | – |
| 28 Nov 2025 | $8.18 | $9.03 | – |
| 5 Dec 2025 | $8.60 | $8.91 | – |
| 12 Dec 2025 | $9.78 | $8.90 | – |
| 19 Dec 2025 | $9.06 | $8.87 | – |
| 26 Dec 2025 | $11.50 | $8.95 | – |
| 2 Jan 2026 | $10.93 | $9.09 | – |
| 9 Jan 2026 | $11.02 | $9.22 | – |
| 16 Jan 2026 | $11.62 | $9.49 | – |
| 23 Jan 2026 | $10.98 | $9.69 | – |
| 30 Jan 2026 | $11.51 | $10.01 | – |
| 6 Feb 2026 | $12.44 | $10.47 | – |
| 13 Feb 2026 | $13.24 | $10.99 | – |
| 20 Feb 2026 | $13.90 | $11.37 | – |
| 27 Feb 2026 | $13.83 | $11.85 | – |
| 6 Mar 2026 | $12.73 | $12.26 | – |
| 13 Mar 2026 | $8.28 | $12.11 | – |
| 20 Mar 2026 | $7.95 | $11.83 | – |
| 27 Mar 2026 | $8.04 | $11.50 | – |
| 2 Apr 2026 | $8.23 | $11.24 | – |
| 10 Apr 2026 | $8.98 | $10.96 | – |
| 17 Apr 2026 | $9.17 | $10.67 | – |
| 24 Apr 2026 | $8.75 | $10.28 | $9.91 |
| 1 May 2026 | $8.30 | $9.80 | $9.83 |
| 8 May 2026 | $7.97 | $9.16 | $9.75 |
| 15 May 2026 | $7.94 | $8.60 | $9.68 |
| 22 May 2026 | $7.87 | $8.30 | $9.63 |
| 29 May 2026 | $7.60 | $8.27 | $9.60 |
| 5 Jun 2026 | $7.58 | $8.22 | $9.57 |
| 12 Jun 2026 | $8.13 | $8.23 | $9.56 |
| 18 Jun 2026 | $9.32 | $8.27 | $9.56 |
| 26 Jun 2026 | $10.20 | $8.31 | $9.59 |
| 2 Jul 2026 | $8.97 | $8.35 | $9.61 |
| 10 Jul 2026 | $7.99 | $8.30 | $9.59 |
| 17 Jul 2026 | $7.52 | $8.27 | $9.55 |
| 24 Jul 2026 | $8.40 | $8.27 | $9.51 |
| 31 Jul 2026 | $7.97 | $8.30 | $9.47 |
| 7 Aug 2026 | $7.94 | $8.32 | $9.43 |
| 14 Aug 2026 | $7.32 | $8.32 | $9.38 |
| 21 Aug 2026 | $7.37 | $8.26 | $9.34 |
| 28 Aug 2026 | $7.17 | $8.13 | $9.30 |
| 4 Sep 2026 | $7.10 | $7.89 | $9.26 |
| 11 Sep 2026 | $6.81 | $7.65 | $9.25 |
| 18 Sep 2026 | $7.35 | $7.52 | $9.23 |
| 25 Sep 2026 | $7.18 | $7.48 | $9.20 |
| 2 Oct 2026 | $6.90 | $7.37 | $9.13 |
| 9 Oct 2026 | $6.25 | $7.19 | $9.06 |
| 16 Oct 2026 | $5.92 | $6.99 | $8.93 |
| 23 Oct 2026 | $4.23 | $6.67 | $8.77 |
| 30 Oct 2026 | $4.17 | $6.38 | $8.59 |
| 4 Nov 2026 | $4.20 | $6.19 | $8.49 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 14 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −25.9% |
| 17 Oct 2025 | −19.5% |
| 24 Oct 2025 | −20.9% |
| 31 Oct 2025 | −19.0% |
| 7 Nov 2025 | −11.1% |
| 14 Nov 2025 | −8.5% |
| 21 Nov 2025 | −15.8% |
| 28 Nov 2025 | −10.2% |
| 5 Dec 2025 | −3.1% |
| 12 Dec 2025 | +11.9% |
| 19 Dec 2025 | −3.0% |
| 26 Dec 2025 | +16.9% |
| 2 Jan 2026 | +13.0% |
| 9 Jan 2026 | +10.9% |
| 16 Jan 2026 | +19.4% |
| 23 Jan 2026 | +10.4% |
| 30 Jan 2026 | +28.0% |
| 6 Feb 2026 | +43.8% |
| 13 Feb 2026 | +59.4% |
| 20 Feb 2026 | +74.7% |
| 27 Feb 2026 | +68.7% |
| 6 Mar 2026 | +50.0% |
| 13 Mar 2026 | −12.5% |
| 20 Mar 2026 | −7.5% |
| 27 Mar 2026 | −21.9% |
| 2 Apr 2026 | −20.7% |
| 10 Apr 2026 | −16.4% |
| 17 Apr 2026 | −23.8% |
| 24 Apr 2026 | −23.9% |
| 1 May 2026 | −32.0% |
| 8 May 2026 | −42.7% |
| 15 May 2026 | −48.5% |
| 22 May 2026 | −51.5% |
| 29 May 2026 | −55.3% |
| 5 Jun 2026 | −50.1% |
| 12 Jun 2026 | −13.8% |
| 18 Jun 2026 | +2.1% |
| 26 Jun 2026 | +11.9% |
| 2 Jul 2026 | −4.6% |
| 10 Jul 2026 | −22.1% |
| 17 Jul 2026 | −22.7% |
| 24 Jul 2026 | −7.5% |
| 31 Jul 2026 | −7.6% |
| 7 Aug 2026 | −5.2% |
| 14 Aug 2026 | −12.8% |
| 21 Aug 2026 | −9.0% |
| 28 Aug 2026 | −7.4% |
| 4 Sep 2026 | −10.8% |
| 11 Sep 2026 | −19.3% |
| 18 Sep 2026 | −23.1% |
| 25 Sep 2026 | −35.4% |
| 2 Oct 2026 | −26.4% |
| 9 Oct 2026 | −24.9% |
| 16 Oct 2026 | −24.0% |
| 23 Oct 2026 | −52.5% |
| 30 Oct 2026 | −48.8% |
| 4 Nov 2026 | −41.9% |
Over the last 1 year the share price moved −65% while the S&P 500 moved +18%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 26 June 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does FreightCar America pay?
FreightCar America, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is FreightCar America on?
FreightCar America is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is FreightCar America profitable?
FreightCar America, Inc. posted a net loss of $30.1 M in the Jun 2026 quarter. Full-year FY25 profit was $36.9 M. That loss is 26.6% of the quarter's revenue. The same quarter a year earlier earned $11.3 M. 7 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
Jun 2026 profit was −$30.1 M, −366.5% on a year earlier.
FY25 profit $36.9 M
- Net profit $36.9 M
| Quarter | Net profit |
|---|---|
| FY21 | −$41.4 M |
| FY22 | −$38.8 M |
| FY23 | −$33.6 M |
| FY24 | −$96.0 M |
| FY25 | $36.9 M |
Jun 2026: −$30.1 M (−366.5% on a year earlier)
- Net profit (quarterly) −$30.1 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | −$0.9 M |
| Dec 2023 | −$7.1 M |
| Mar 2024 | −$16.0 M |
| Jun 2024 | $3.6 M |
| Sep 2024 | −$112 M |
| Dec 2024 | $28.2 M |
| Mar 2025 | $48.6 M |
| Jun 2025 | $11.3 M |
| Sep 2025 | −$7.4 M |
| Dec 2025 | −$16.0 M |
| Mar 2026 | $40.7 M |
| Jun 2026 | −$30.1 M |
Growth on a year earlier
- Growth on a year earlier −366.5%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | 213.1% |
| Sep 2025 | – |
| Dec 2025 | −156.7% |
| Mar 2026 | −16.3% |
| Jun 2026 | −366.5% |
Why profit moved: revenue changed −4.6% on a year earlier and the margin moved −10.3 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed −179.8% and revenue −1.2%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does FreightCar America make, and is it growing?
FreightCar America, Inc. reported $113 M of revenue in the Jun 2026 quarter, −4.6% on the same quarter a year earlier. Over 4 years it has grown 25.3% a year on average. The last full year, FY25, came in at $501 M. The last four reported quarters add to $464 M.
Revenue is everything the company billed its customers in the period.
FY25 revenue was $501 M, −10.4% on the year before.
FY25 revenue $501 M (−10.4% on the year before), 25.3% a year over 4 years
- Revenue $501 M
| Quarter | Revenue |
|---|---|
| FY21 | $203 M |
| FY22 | $365 M |
| FY23 | $358 M |
| FY24 | $559 M |
| FY25 | $501 M |
Growth on a year earlier
- Growth on a year earlier −10.4%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 79.6% |
| FY23 | −1.8% |
| FY24 | 56.2% |
| FY25 | −10.4% |
Jun 2026: $113 M (−4.6% on a year earlier)
- Revenue (quarterly) $113 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $61.9 M |
| Dec 2023 | $127 M |
| Mar 2024 | $161 M |
| Jun 2024 | $147 M |
| Sep 2024 | $113 M |
| Dec 2024 | $138 M |
| Mar 2025 | $96.3 M |
| Jun 2025 | $119 M |
| Sep 2025 | $161 M |
| Dec 2025 | $126 M |
| Mar 2026 | $64.3 M |
| Jun 2026 | $113 M |
Growth on a year earlier
- Growth on a year earlier −4.6%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −27.8% |
| Dec 2023 | −1.8% |
| Mar 2024 | 98.8% |
| Jun 2024 | 66.4% |
| Sep 2024 | 83% |
| Dec 2024 | 8.8% |
| Mar 2025 | −40.2% |
| Jun 2025 | −19.5% |
| Sep 2025 | 41.7% |
| Dec 2025 | −8.8% |
| Mar 2026 | −33.2% |
| Jun 2026 | −4.6% |
Recent pace: the last four quarters grew −1.2% on average, against 25.3% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew −0.5%, against −3.4% a year over the last 8 quarters (stabilising).
How much of every $100 of sales does FreightCar America keep?
FreightCar America, Inc.'s operating margin was −3.8% in the Jun 2026 quarter, 10.3 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −7.5% and 6.7%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Across 5 years it has been between −7.5% and 6.7%, and FY25's 6.7% is the highest of them.
Why the margin moved: operating margin changed −10.3 percentage points on the year while gross margin changed −9.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.
FY25: 6.7%, the highest in a range of −7.5% to 6.7% over 5 years
- Operating margin 6.7%
| Quarter | Operating margin |
|---|---|
| FY21 | −7.5% |
| FY22 | −2.7% |
| FY23 | 3.8% |
| FY24 | 6% |
| FY25 | 6.7% |
Change on the year before (points)
- Change on the year before (points) +0.7 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +4.8 pts |
| FY23 | +6.5 pts |
| FY24 | +2.2 pts |
| FY25 | +0.7 pts |
Jun 2026: operating margin −3.8% (−10.3 points on a year earlier)
- Operating margin −3.8%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 1.3% |
| Dec 2023 | 3.6% |
| Mar 2024 | 2.4% |
| Jun 2024 | 6.7% |
| Sep 2024 | 7.6% |
| Dec 2024 | 8.3% |
| Mar 2025 | 4% |
| Jun 2025 | 6.5% |
| Sep 2025 | 9% |
| Dec 2025 | 6% |
| Mar 2026 | −1% |
| Jun 2026 | −3.8% |
Change on a year earlier (points)
- Change on a year earlier (points) −10.3 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | +13.7 pts |
| Dec 2023 | +4.9 pts |
| Mar 2024 | +1.0 pts |
| Jun 2024 | −1.3 pts |
| Sep 2024 | +6.3 pts |
| Dec 2024 | +4.7 pts |
| Mar 2025 | +1.6 pts |
| Jun 2025 | −0.2 pts |
| Sep 2025 | +1.4 pts |
| Dec 2025 | −2.3 pts |
| Mar 2026 | −5.0 pts |
| Jun 2026 | −10.3 pts |
Is FreightCar America's profit turning into cash?
FreightCar America, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $34.8 M of operating cash against $36.9 M of profit. After $3.4 M of spending on assets, $31.4 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $34.8 M against profit $36.9 M
- Operating cash $34.8 M
- Net profit $36.9 M
- Free cash $31.4 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | −$55.4 M | −$41.4 M | −$57.7 M |
| FY22 | $11.5 M | −$38.8 M | $3.7 M |
| FY23 | $4.8 M | −$33.6 M | −$8.0 M |
| FY24 | $44.9 M | −$96.0 M | $39.9 M |
| FY25 | $34.8 M | $36.9 M | $31.4 M |
Jun 2026: operating cash $12.1 M
- Operating cash (quarterly) $12.1 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | −$0.8 M |
| Dec 2023 | $31.2 M |
| Mar 2024 | −$25.3 M |
| Jun 2024 | $57.2 M |
| Sep 2024 | $7.2 M |
| Dec 2024 | $5.9 M |
| Mar 2025 | $12.8 M |
| Jun 2025 | $8.5 M |
| Sep 2025 | $3.4 M |
| Dec 2025 | $10.0 M |
| Mar 2026 | −$4.3 M |
| Jun 2026 | $12.1 M |
Operating cash as % of profit
- Operating cash as % of profit −11%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | 1,586% |
| Sep 2024 | – |
| Dec 2024 | 21% |
| Mar 2025 | 26% |
| Jun 2025 | 76% |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | −11% |
| Jun 2026 | – |
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does FreightCar America's cash go?
FreightCar America, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $21.1 M on assets over the last 3 years. Averaged over those years that is 1.4% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $21.1 M over the last 3 years.
FY25: capex $3.4 M, steady spending
- Capex $3.4 M
| Quarter | Capex |
|---|---|
| FY21 | $2.3 M |
| FY22 | $7.8 M |
| FY23 | $12.7 M |
| FY24 | $5.0 M |
| FY25 | $3.4 M |
Jun 2026: capex $0.7 M in the quarter
- Capex (quarterly) $0.7 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $4.0 M |
| Dec 2023 | $3.8 M |
| Mar 2024 | $1.0 M |
| Jun 2024 | $1.3 M |
| Sep 2024 | $1.5 M |
| Dec 2024 | $1.3 M |
| Mar 2025 | $0.3 M |
| Jun 2025 | $0.6 M |
| Sep 2025 | $1.2 M |
| Dec 2025 | $1.3 M |
| Mar 2026 | $0.1 M |
| Jun 2026 | $0.7 M |
Free cash
- Free cash $11.3 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | −$4.9 M |
| Dec 2023 | $27.4 M |
| Mar 2024 | −$26.3 M |
| Jun 2024 | $55.9 M |
| Sep 2024 | $5.7 M |
| Dec 2024 | $4.6 M |
| Mar 2025 | $12.5 M |
| Jun 2025 | $7.9 M |
| Sep 2025 | $2.2 M |
| Dec 2025 | $8.8 M |
| Mar 2026 | −$4.5 M |
| Jun 2026 | $11.3 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is FreightCar America's P/E ratio, and how does it compare with its own history?
FreightCar America, Inc.'s P/E is 10.0×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
PEG 0.52 at the Mar 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
- PEG 0.52×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 0.52× | 1.00× |
| Dec 2021 | 0.52× | 1.00× |
| Jun 2022 | 0.52× | 1.00× |
| Sep 2023 | 0.52× | 1.00× |
| Dec 2023 | 0.52× | 1.00× |
| Mar 2024 | 0.52× | 1.00× |
| Jun 2024 | 0.52× | 1.00× |
| Sep 2024 | 0.52× | 1.00× |
| Dec 2024 | 0.52× | 1.00× |
| Mar 2025 | 0.52× | 1.00× |
| Jun 2025 | 0.52× | 1.00× |
| Mar 2026 | 0.52× | 1.00× |
In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.
Is the FreightCar America business getting better or worse?
FreightCar America, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue −10.4% in FY25
- Revenue growth −10.4%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 79.6% |
| FY23 | −1.8% |
| FY24 | 56.2% |
| FY25 | −10.4% |
Three growth lines over twelve quarters: revenue stabilising
- Revenue −0.5%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 16% |
| Dec 2023 | −1.8% |
| Mar 2024 | 24.3% |
| Jun 2024 | 29.3% |
| Sep 2024 | 52.1% |
| Dec 2024 | 56.2% |
| Mar 2025 | 12.9% |
| Jun 2025 | −6.3% |
| Sep 2025 | −6.4% |
| Dec 2025 | −10.4% |
| Mar 2026 | −5.2% |
| Jun 2026 | −0.5% |
Profit
- Profit −300%
| Quarter | Profit |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | 213.1% |
| Sep 2025 | – |
| Dec 2025 | −156.7% |
| Mar 2026 | −16.3% |
| Jun 2026 | −300% |
ROCE: the return line, worked out each quarter
- ROCE 8.7%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 5.3% |
| Dec 2023 | 12.6% |
| Mar 2024 | 15.1% |
| Jun 2024 | 15.3% |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | 17.1% |
| Jun 2026 | 8.7% |
Why it matters: with too little history, we say so rather than guess a direction.
One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | −10.4% | +11.2% | — | — |
| Stock price | −50.5% | — | — | — |
How much does FreightCar America earn on its capital?
FreightCar America, Inc. earned a ROE of −34% in FY25. That is up from a low of −90% in FY23. Its return on capital used (ROIC) is 0.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.4% net margin and 1.73× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a 7.4% net margin × 1.73× asset turnover × −2.70× leverage (assets divided by equity) ≈ −34.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 10.8% − 10.5% = +0.3 percentage points. The 10.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.
The 10.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 19.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY25: ROE −34%, the climb back from FY23's −90%
- ROE −34.3%
- ROIC (annual) 19.3%
- Cost of capital 10.5%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 2,502.8% | −15% | 10.5% |
| FY22 | 135.9% | −8.8% | 10.5% |
| FY23 | −90.1% | 16.2% | 10.5% |
| FY24 | 63.9% | 31.2% | 10.5% |
| FY25 | −34.3% | 19.3% | 10.5% |
Mar 2026: ROIC 22.9% (last 12 months) against a 10.5% cost of capital
- ROIC (12 months) 22.9%
- ROE (12 months) −33.7%
- Cost of capital 10.5%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Dec 2023 | 7.2% | – | 10.5% |
| Mar 2024 | 13.9% | – | 10.5% |
| Jun 2024 | 19.3% | −8,605.7% | 10.5% |
| Sep 2024 | 22.5% | −33.7% | 10.5% |
| Dec 2024 | 30.8% | – | 10.5% |
| Mar 2025 | 32.9% | – | 10.5% |
| Jun 2025 | 30.6% | – | 10.5% |
| Mar 2026 | 22.9% | – | 10.5% |
Does FreightCar America have too much debt?
FreightCar America, Inc. has total debt of $145 M against shareholder equity of $36.2 M as of Jun 2026, so its debt is 4.00× its equity. Year by year, that ratio went from −59.21 in FY21 to −1.42 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $152 M, −1.42× equity
- Total debt $152 M
| Quarter | Total debt |
|---|---|
| FY21 | $98.1 M |
| FY22 | $129 M |
| FY23 | $75.7 M |
| FY24 | $160 M |
| FY25 | $152 M |
Debt-to-equity
- Debt-to-equity −1.42×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | −59.2× |
| FY22 | −4.50× |
| FY23 | 2.03× |
| FY24 | −1.06× |
| FY25 | −1.42× |
Jun 2026: debt $145 M, debt-to-equity 4.00
- Total debt (quarterly) $145 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $67.1 M |
| Dec 2023 | $75.7 M |
| Mar 2024 | $74.1 M |
| Jun 2024 | $48.7 M |
| Sep 2024 | $48.3 M |
| Dec 2024 | $160 M |
| Mar 2025 | $158 M |
| Jun 2025 | $152 M |
| Sep 2025 | $152 M |
| Dec 2025 | $152 M |
| Mar 2026 | $146 M |
| Jun 2026 | $145 M |
Debt-to-equity
- Debt-to-equity 4.00×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 1.72× |
| Dec 2023 | 2.03× |
| Mar 2024 | 2.78× |
| Jun 2024 | 1.39× |
| Sep 2024 | −0.67× |
| Dec 2024 | −1.06× |
| Mar 2025 | −1.63× |
| Jun 2025 | −1.82× |
| Sep 2025 | −1.68× |
| Dec 2025 | −1.42× |
| Mar 2026 | −2.23× |
| Jun 2026 | 4.00× |
What is the FreightCar America shareholding pattern?
3.9% of FreightCar America, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is FreightCar America from balance-sheet trouble?
For FreightCar America, Inc., the Z-score is 1.77. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 1.77 is inside the danger zone, so the balance sheet is a real risk.
How does FreightCar America rank in its industry?
25.3 out of 100, rank 10 of 10 in Railroads, with 64% of the evidence available.
FreightCar America, Inc. scores 25.3 out of 100 against the 10 companies it is compared with in Railroads, ranking 10. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
The four parts add up to the total exactly: 8.1 + 5.7 + 11.5 + 0 = 25.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is FreightCar America compared with?
FreightCar America ranks 10 of 10 Railroads companies on the 4-Factor Sector Score, with 25.3 out of 100.
- 1CSX CorporationCSX · turning · Most evidence points up · 85% evidence73.3out of 100
How the score adds up
Growth & earnings 26.3/35 · Revenue 5.8% · Profit 23.4% · Operating margin change 4.2 points · 95% evidenceCapital efficiency 17.4/25 · ROCE 13.5% · Operating margin 39.3% · 76% evidenceValuation 13.6/20 · P/E 24.1× · PEG 0.94 · 65% evidenceRelative strength 16.0/20 · Lead over its industry 12.8% · Lead over S&P 500 13.7% · 1 year 43.8% · 100% evidence · 3 of 12 weeks aheadExact sum: 26.3 + 17.4 + 13.6 + 16 = 73.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2Union Pacific CorporationUNP · turning · Evidence leans up · 85% evidence64.5out of 100
How the score adds up
Growth & earnings 19.9/35 · Revenue 7.4% · Profit 8% · Operating margin change -0.4 points · 95% evidenceCapital efficiency 19.5/25 · ROCE 16% · Operating margin 41.3% · 76% evidenceValuation 8.0/20 · P/E 21.2× · PEG 2.35 · 65% evidenceRelative strength 17.1/20 · Lead over its industry 9.8% · Lead over S&P 500 10.8% · 1 year 34.5% · 100% evidence · 4 of 12 weeks aheadExact sum: 19.9 + 19.5 + 8 + 17.1 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 3Westinghouse Air Brake Technologies CorporationWAB · losing its lead · Evidence leans up · 85% evidence60.2out of 100
How the score adds up
Growth & earnings 27.3/35 · Revenue 13.3% · Profit 16.2% · Operating margin change 1.7 points · 95% evidenceCapital efficiency 15.1/25 · ROCE 12.7% · Operating margin 20.2% · 76% evidenceValuation 8.1/20 · P/E 35.5× · PEG 2.07 · 65% evidenceRelative strength 9.7/20 · Lead over its industry 5.4% · Lead over S&P 500 6.2% · 1 year 35.1% · 100% evidence · 5 of 12 weeks aheadExact sum: 27.3 + 15.1 + 8.1 + 9.7 = 60.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 4L.B. Foster CompanyFSTR · turning · Evidence leans up · 71% evidence53.9out of 100
How the score adds up
Growth & earnings 18.8/35 · Revenue 10.1% · Profit -73% · Operating margin change 0 points · 83% evidenceCapital efficiency 9.1/25 · ROCE 11.5% · Operating margin 6.3% · 76% evidenceValuation 8.5/20 · P/E 41.5× · PEG — · 15% evidenceRelative strength 17.5/20 · Lead over its industry 18.5% · Lead over S&P 500 19.3% · 1 year 53.7% · 100% evidence · 1 of 12 weeks aheadExact sum: 18.8 + 9.1 + 8.5 + 17.5 = 53.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5Canadian National Railway CompanyCNI · turning · Evidence leans up · 81% evidence51.4out of 100
How the score adds up
Growth & earnings 14.8/35 · Revenue 3.6% · Profit 4.8% · Operating margin change -1 points · 83% evidenceCapital efficiency 16.2/25 · ROCE 12.7% · Operating margin 40.3% · 76% evidenceValuation 5.3/20 · P/E 21.5× · PEG 2.95 · 65% evidenceRelative strength 15.1/20 · Lead over its industry 9.6% · Lead over S&P 500 10.5% · 1 year 33.1% · 100% evidence · 2 of 12 weeks aheadExact sum: 14.8 + 16.2 + 5.3 + 15.1 = 51.4 · What this means: Relative strength against the index is 10.5%, and revenue and profit growth are weak. - 6Canadian Pacific Kansas City LimitedCP · turning · Evidence leans down · 81% evidence46.3out of 100
How the score adds up
Growth & earnings 15.1/35 · Revenue 3.6% · Profit -7.5% · Operating margin change -0.7 points · 83% evidenceCapital efficiency 10.6/25 · ROCE 7.4% · Operating margin 39% · 76% evidenceValuation 5.1/20 · P/E 28.2× · PEG 2.83 · 65% evidenceRelative strength 15.5/20 · Lead over its industry 8.9% · Lead over S&P 500 9.8% · 1 year 32.3% · 100% evidence · 2 of 12 weeks aheadExact sum: 15.1 + 10.6 + 5.1 + 15.5 = 46.3 · What this means: Relative strength against the index is 9.8%, and revenue and profit growth are weak. - 7Norfolk Southern CorporationNSC · turning · Evidence leans down · 85% evidence45.4out of 100
How the score adds up
Growth & earnings 13.2/35 · Revenue 6% · Profit -9.4% · Operating margin change -1.2 points · 95% evidenceCapital efficiency 12.6/25 · ROCE 10.3% · Operating margin 35.4% · 76% evidenceValuation 7.9/20 · P/E 25.9× · PEG 2.21 · 65% evidenceRelative strength 11.7/20 · Lead over its industry 2.8% · Lead over S&P 500 3.7% · 1 year 15.7% · 100% evidence · 2 of 12 weeks aheadExact sum: 13.2 + 12.6 + 7.9 + 11.7 = 45.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 8Trinity Industries, Inc.TRN · turning · Evidence leans down · 81% evidence45.2out of 100
How the score adds up
Growth & earnings 15.7/35 · Revenue -18.9% · Profit 100% · Operating margin change -4.5 points · 83% evidenceCapital efficiency 8.3/25 · ROCE 4.1% · Operating margin 12.1% · 76% evidenceValuation 12.2/20 · P/E 8.1× · PEG 1.65 · 65% evidenceRelative strength 9.0/20 · Lead over its industry -3.2% · Lead over S&P 500 -2.7% · 1 year 18.9% · 100% evidence · 1 of 12 weeks aheadExact sum: 15.7 + 8.3 + 12.2 + 9 = 45.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9The Greenbrier Companies, Inc.GBX · basing · Most evidence points down · 81% evidence29.3out of 100
How the score adds up
Growth & earnings 5.1/35 · Revenue -25.6% · Profit -53.3% · Operating margin change -5.7 points · 83% evidenceCapital efficiency 5.0/25 · ROCE 4% · Operating margin 4.5% · 76% evidenceValuation 15.8/20 · P/E 13.6× · PEG 0.26 · 65% evidenceRelative strength 3.4/20 · Lead over its industry -12.8% · Lead over S&P 500 -12.3% · 1 year -0.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 5.1 + 5 + 15.8 + 3.4 = 29.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. - 10FreightCar America, Inc. this pageRAIL · quiet · Most evidence points down · 64% evidence25.3out of 100
How the score adds up
Growth & earnings 8.1/35 · Revenue -0.4% · Profit — · Operating margin change -10.3 points · 62% evidenceCapital efficiency 5.7/25 · ROCE 8.8% · Operating margin -3.8% · 76% evidenceValuation 11.5/20 · P/E 5.3× · PEG — · 15% evidenceRelative strength 0.0/20 · Lead over its industry -53.1% · Lead over S&P 500 -52.9% · 1 year -50.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 8.1 + 5.7 + 11.5 + 0 = 25.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Railroads, all 10 compared on one page.
Which companies are close to FreightCar America in size?
FreightCar America is the 10th largest of 10 Railroads companies on Sector Alpha by market value (scores of 5 November 2026). Just above it: Canadian National Railway Company, Norfolk Southern Corporation, Westinghouse Air Brake Technologies Corporation, Trinity Industries, Inc., The Greenbrier Companies, Inc. and L.B. Foster Company. It is the smallest.
Railroads companies close in size
- Canadian National Railway Company $76 billion
- Norfolk Southern Corporation $73.9 billion
- Westinghouse Air Brake Technologies Corporation $46.8 billion
- Trinity Industries, Inc. $2.4 billion
- The Greenbrier Companies, Inc. $1.3 billion
- L.B. Foster Company $438 million
- FreightCar America, Inc. $138 million
What else do people ask about FreightCar America?
What were FreightCar America's latest quarterly results?
FreightCar America, Inc. reported revenue of $113 M and a net loss of $30.1 M for the Jun 2026 quarter. Revenue fell 4.6% and profit fell 366.5% compared with a year earlier. Earnings per share were −$0.94.
The operating margin was −3.8%, 10.3 percentage points lower than a year earlier (as of 4 November 2026).
What is FreightCar America's market cap?
FreightCar America, Inc.'s market capitalisation is $138 M at a stock price of $4.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is FreightCar America performing?
FreightCar America, Inc.'s latest readings are below. In its latest quarter, revenue fell 4.6% and profit fell 366.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 19 weeks running.
This describes what the data did, not a rating (as of 4 November 2026).
Will FreightCar America's stock price go up?
This page does not forecast FreightCar America, Inc.'s stock price. What it shows instead: the stock price is $4.20. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Where is FreightCar America in its business cycle?
FreightCar America, Inc.'s FY25 operating margin was 6.7%, against a 5-year range of −7.5% to 6.7%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was −3.8%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the FreightCar America story?
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is FreightCar America a stock worth studying right now?
What the numbers show: FreightCar America, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
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