9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 36.9% per year over the past 5 years.
Operating margin has expanded, at 6.8% in the latest year.
Financial health
Total debt ($107M) exceeds cash ($64M); net debt is $43M.
Total debt has grown slower than revenue (14.2% vs 36.9% per year).
Total debt is 2.7× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$501M
$38M
14.6%
6.8%
$31M
$107M
$64M
2024
$558M
-$76M
12.0%
6.7%
$40M
$108M
$44M
2023
$357M
-$24M
11.7%
2.9%
-$8M
$29M
$41M
2022
$361M
-$39M
7.1%
-4.2%
$4M
$92M
$38M
2021
$200M
—
5.7%
-11.4%
-$58M
$79M
$26M
2020
$104M
—
-13.0%
-77.5%
-$69M
$55M
$54M
2019
$224M
—
-6.4%
-33.8%
-$25M
$10M
$66M
2018
$311M
—
-1.2%
-10.3%
-$34M
—
$45M
2017
$407M
—
0.7%
-7.8%
$39M
—
$88M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$64M
$42M
16.8%
-0.9%
-$4M
$101M
$53M
Dec '25
$126M
-$17M
13.4%
6.2%
$9M
$107M
$64M
Sep '25
$161M
-$7M
15.1%
9.1%
$2M
$108M
$63M
Jun '25
$119M
$12M
15.0%
6.5%
$8M
$108M
$61M
Mar '25
$96M
$50M
14.9%
4.0%
$12M
$108M
$54M
Dec '24
$138M
$35M
15.3%
8.5%
$5M
$108M
$44M
Sep '24
$113M
-$107M
14.3%
7.6%
$6M
—
$45M
Jun '24
$147M
$8M
12.5%
8.9%
$56M
—
$39M
Mar '24
$161M
-$12M
7.1%
2.4%
-$26M
—
$14M
Dec '23
$127M
-$3M
9.6%
0.2%
$27M
$29M
$41M
Sep '23
$62M
$3M
14.9%
2.3%
-$5M
$31M
$15M
Jun '23
$89M
-$19M
14.6%
8.7%
-$21M
$22M
$12M
Mar '23
$81M
-$5M
9.2%
1.4%
-$10M
$94M
$28M
Dec '22
$129M
-$10M
3.6%
-4.8%
$21M
$92M
$38M
Sep '22
$86M
-$18M
5.3%
-12.4%
-$12M
$92M
$18M
Jun '22
$57M
$15M
11.6%
4.5%
-$12M
$82M
$22M
Mar '22
$93M
—
10.8%
-0.7%
$7M
$89M
$41M
Dec '21
$75M
—
8.8%
0.1%
$1M
$79M
$26M
Sep '21
$58M
—
2.6%
-7.1%
-$13M
$81M
$27M
Jun '21
$37M
—
5.3%
-11.2%
-$23M
$69M
$21M
Valuation over time
How the market has priced RAIL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 5.5× (Dec '25) to 4.8× (Jun '26).
The price-to-sales ratio has risen from 0.2× (Mar '23) to 0.4× (Jun '26).
The dividend yield has risen from 16.2% (Dec '24) to 17.8% (Nov '25).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is RAIL growing its revenue and profit?
Over the past 5 years, FreightCar America, Inc.'s revenue has grown 36.9% per year. These are computed facts, not advice.
How much debt does RAIL have?
As of FY2025, FreightCar America, Inc. reported $107M of total debt against $64M of cash.
What is RAIL's profit margin?
In FY2025, gross margin was 14.6%, operating margin 6.8%, and net margin 7.6%.
What is RAIL's P/E ratio?
As of Jun '26, FreightCar America, Inc. traded at a price-to-earnings ratio of about 4.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.