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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.

$4.20Price −50.5% in a year
10.0×P/E against its own history
$113 MRevenue (Jun 2026) −4.6% on a year ago
−$30.1 MProfit (Jun 2026) −366.5% on a year ago
−3.8%Operating margin −10.3 points on a year ago
−34%ROE FY25

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
Nov 2026: $4.20, 50.5% below its 200-day average.
WeekPrice50-day avg200-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$8.49
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 14 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no 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%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

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
FY25 profit $36.9 M
QuarterNet profit
FY21−$41.4 M
FY22−$38.8 M
FY23−$33.6 M
FY24−$96.0 M
FY25$36.9 M
Net profit each year, $ M. 5-year window. A grey bar is lower than the year before.

Jun 2026: −$30.1 M (−366.5% on a year earlier)

  • Net profit (quarterly) −$30.1 M
Jun 2026: −$30.1 M (−366.5% on a year earlier)
QuarterNet 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%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025213.1%
Sep 2025–
Dec 2025−156.7%
Mar 2026−16.3%
Jun 2026−366.5%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

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
FY25 revenue $501 M (−10.4% on the year before), 25.3% a year over 4 years
QuarterRevenue
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%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2279.6%
FY23−1.8%
FY2456.2%
FY25−10.4%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $113 M (−4.6% on a year earlier)

  • Revenue (quarterly) $113 M
Jun 2026: $113 M (−4.6% on a year earlier)
QuarterRevenue (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%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−27.8%
Dec 2023−1.8%
Mar 202498.8%
Jun 202466.4%
Sep 202483%
Dec 20248.8%
Mar 2025−40.2%
Jun 2025−19.5%
Sep 202541.7%
Dec 2025−8.8%
Mar 2026−33.2%
Jun 2026−4.6%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

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%
FY25: 6.7%, the highest in a range of −7.5% to 6.7% over 5 years
QuarterOperating margin
FY21−7.5%
FY22−2.7%
FY233.8%
FY246%
FY256.7%

Change on the year before (points)

  • Change on the year before (points) +0.7 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+4.8 pts
FY23+6.5 pts
FY24+2.2 pts
FY25+0.7 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin −3.8% (−10.3 points on a year earlier)

  • Operating margin −3.8%
Jun 2026: operating margin −3.8% (−10.3 points on a year earlier)
QuarterOperating margin
Sep 20231.3%
Dec 20233.6%
Mar 20242.4%
Jun 20246.7%
Sep 20247.6%
Dec 20248.3%
Mar 20254%
Jun 20256.5%
Sep 20259%
Dec 20256%
Mar 2026−1%
Jun 2026−3.8%

Change on a year earlier (points)

  • Change on a year earlier (points) −10.3 pts
Change on a year earlier (points)
QuarterChange 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
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

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
FY25: operating cash $34.8 M against profit $36.9 M
QuarterOperating cashNet profitFree 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
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $12.1 M

  • Operating cash (quarterly) $12.1 M
Jun 2026: operating cash $12.1 M
QuarterOperating 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%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023–
Dec 2023–
Mar 2024–
Jun 20241,586%
Sep 2024–
Dec 202421%
Mar 202526%
Jun 202576%
Sep 2025–
Dec 2025–
Mar 2026−11%
Jun 2026–
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

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
FY25: capex $3.4 M, steady spending
QuarterCapex
FY21$2.3 M
FY22$7.8 M
FY23$12.7 M
FY24$5.0 M
FY25$3.4 M
Capital spending each year, $ M.

Jun 2026: capex $0.7 M in the quarter

  • Capex (quarterly) $0.7 M
Jun 2026: capex $0.7 M in the quarter
QuarterCapex (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
Free cash
QuarterFree 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
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

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×
PEG 0.52 at the Mar 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20210.52×1.00×
Dec 20210.52×1.00×
Jun 20220.52×1.00×
Sep 20230.52×1.00×
Dec 20230.52×1.00×
Mar 20240.52×1.00×
Jun 20240.52×1.00×
Sep 20240.52×1.00×
Dec 20240.52×1.00×
Mar 20250.52×1.00×
Jun 20250.52×1.00×
Mar 20260.52×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 12 quarters.
10.0×P/E · too little history to compare
1.87PEG · today, derived from 3-year earnings growth

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%
Growth year by year: revenue −10.4% in FY25
QuarterRevenue growth
FY21–
FY2279.6%
FY23−1.8%
FY2456.2%
FY25−10.4%
Growth on the year before, each year, %. Top: revenue. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising

  • Revenue −0.5%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Sep 202316%
Dec 2023−1.8%
Mar 202424.3%
Jun 202429.3%
Sep 202452.1%
Dec 202456.2%
Mar 202512.9%
Jun 2025−6.3%
Sep 2025−6.4%
Dec 2025−10.4%
Mar 2026−5.2%
Jun 2026−0.5%

Profit

  • Profit −300%
Profit
QuarterProfit
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025213.1%
Sep 2025–
Dec 2025−156.7%
Mar 2026−16.3%
Jun 2026−300%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 8.7%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 20235.3%
Dec 202312.6%
Mar 202415.1%
Jun 202415.3%
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 202617.1%
Jun 20268.7%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest −0.5%, range −10.4% to +56.2%
Stuck lowROCE · latest 8.7%, range 5.3% to 17.1%

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.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−10.4%+11.2%——
Stock price−50.5%———
−4.6%Revenue growth (Jun 2026) · latest quarter against a year ago
−366.5%Profit growth (Jun 2026) · latest quarter against a year ago
25.3%Revenue, 4 years · yearly growth over the long run

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%
FY25: ROE −34%, the climb back from FY23's −90%
QuarterROEROIC (annual)Cost of capital
FY212,502.8%−15%10.5%
FY22135.9%−8.8%10.5%
FY23−90.1%16.2%10.5%
FY2463.9%31.2%10.5%
FY25−34.3%19.3%10.5%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 10.5% cost of capital used on this page.

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%
Mar 2026: ROIC 22.9% (last 12 months) against a 10.5% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Dec 20237.2%–10.5%
Mar 202413.9%–10.5%
Jun 202419.3%−8,605.7%10.5%
Sep 202422.5%−33.7%10.5%
Dec 202430.8%–10.5%
Mar 202532.9%–10.5%
Jun 202530.6%–10.5%
Mar 202622.9%–10.5%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 8 quarters, lined up with the yearly figure.

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
FY25: debt $152 M, −1.42× equity
QuarterTotal 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×
Debt-to-equity
QuarterDebt-to-equity
FY21−59.2×
FY22−4.50×
FY232.03×
FY24−1.06×
FY25−1.42×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $145 M, debt-to-equity 4.00

  • Total debt (quarterly) $145 M
Jun 2026: debt $145 M, debt-to-equity 4.00
QuarterTotal 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×
Debt-to-equity
QuarterDebt-to-equity
Sep 20231.72×
Dec 20232.03×
Mar 20242.78×
Jun 20241.39×
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 20264.00×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

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.

3.9%Short interest · of the tradable float
4.2Days to cover · at typical volumes

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.

  1. 1CSX CorporationCSX · turning · Most evidence points up · 85% evidence73.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  2. 2Union Pacific CorporationUNP · turning · Evidence leans up · 85% evidence64.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  3. 3Westinghouse Air Brake Technologies CorporationWAB · losing its lead · Evidence leans up · 85% evidence60.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  4. 4L.B. Foster CompanyFSTR · turning · Evidence leans up · 71% evidence53.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  5. 5Canadian National Railway CompanyCNI · turning · Evidence leans up · 81% evidence51.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  6. 6Canadian Pacific Kansas City LimitedCP · turning · Evidence leans down · 81% evidence46.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  7. 7Norfolk Southern CorporationNSC · turning · Evidence leans down · 85% evidence45.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  8. 8Trinity Industries, Inc.TRN · turning · Evidence leans down · 81% evidence45.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  9. 9The Greenbrier Companies, Inc.GBX · basing · Most evidence points down · 81% evidence29.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  10. 10FreightCar America, Inc. this pageRAIL · quiet · Most evidence points down · 64% evidence25.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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

  1. Canadian National Railway Company $76 billion
  2. Norfolk Southern Corporation $73.9 billion
  3. Westinghouse Air Brake Technologies Corporation $46.8 billion
  4. Trinity Industries, Inc. $2.4 billion
  5. The Greenbrier Companies, Inc. $1.3 billion
  6. L.B. Foster Company $438 million
  7. FreightCar America, Inc. $138 million

All 10 Railroads companies, largest first

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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