FreightCar America, Inc. (RAIL) Key Metrics
RAIL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $194.1M
- Enterprise value
- $324.6M
- P/E (TTM)
- —
- Forward P/E
- 8.8
- PEG ratio
- 0.64
- Price / sales
- 0.4 10-yr median 0.3
- Price / book
- 6.7 10-yr median 0.7
- EV / EBITDA
- 25.2 10-yr median 8.9
- Dividend yield
- —
- Beta
- 1.42
RAIL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsRAIL valuation Price multiples at each fiscal year-end price.
P/E ratio
9.8
2025 · hover or tap a bar for each year
20162025
Price / sales+51.7%
0.7
2025 · hover or tap a bar for each year
20162025
EV / EBITDA+263.1%
35.8
2025 · hover or tap a bar for each year
20162025
Price / free cash flow+72.7%
11.9
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−6.1 pts
8.4%
2025 · hover or tap a bar for each year
20162025
RAIL returns How much profit the business earns on the capital it uses.
Return on assets+46.2 pts
14.8%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−0.9 pts
6.3%
2025 · hover or tap a bar for each year
20162025
Cash conversion (OCF / net income)
0.91
2025 · hover or tap a bar for each year
20162025
Asset turnover−15.8%
1.95
2025 · hover or tap a bar for each year
20162025
RAIL per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−18.6%
$14.83
2025 · hover or tap a bar for each year
20162025
Earnings per share
$1.13
2025 · hover or tap a bar for each year
20162025
Free cash flow per share−28.5%
$0.93
2025 · hover or tap a bar for each year
20162025
Book value per share
−$3.18
2025 · hover or tap a bar for each year
20162025
Dividends per share−100.0%
$0.00
2025 · hover or tap a bar for each year
20162025
Shares outstanding+10.0%
33.8M
2025 · hover or tap a bar for each year
20162025
RAIL financial health Debt, liquidity and how easily interest is covered.
Net debt−$26.5M
$88.1M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA+3.93
6.83
2025 · hover or tap a bar for each year
20162025
Current ratio+4.2%
1.87
2025 · hover or tap a bar for each year
20162025
Interest coverage−64.6%
1.9
2025 · hover or tap a bar for each year
20162025
Debt / assets−25.9%
0.53
2025 · hover or tap a bar for each year
20162025
RAIL efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+2 days
11 days
2025 · hover or tap a bar for each year
20162025
Days of inventory−13 days
61 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−5 days
45 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−6 days
27 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−0.2 pts
0.7%
2025 · hover or tap a bar for each year
20162025
Dividends + buybacks / FCF−283.8 pts
0.0%
2025 · hover or tap a bar for each year
20162025
RAIL valuation history
Fiscal year-endToday10-year median
RAIL returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
RAIL debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
RAIL cash returned to shareholders
DividendsBuybacksFree cash flow
RAIL price vs earnings per share
Share price at year-endEPS (right axis)
RAIL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $374.0M | $275.3M | $76.6M | $79.5M | $76.6M | $32.4M | $25.6M | $82.4M | $209.8M | $183.1M |
| Enterprise value | $462.1M | $389.9M | $111.3M | $172.9M | $153.4M | $74.2M | $34.5M | $40.1M | $92.4M | $106.2M |
| P/E ratio | 9.8 | — | — | — | — | — | — | — | — | 14.9 |
| Price / sales | 0.7 | 0.5 | 0.2 | 0.2 | 0.4 | 0.3 | 0.1 | 0.3 | 0.5 | 0.3 |
| Price / book | — | — | — | — | — | 1.1 | 0.2 | 0.4 | 0.9 | 0.7 |
| Price / free cash flow | 11.9 | 6.9 | — | 21.6 | — | — | — | — | 5.3 | — |
| Price / operating cash flow | 10.8 | 6.1 | 16.1 | 6.9 | — | — | — | — | 5.2 | 851.5 |
| EV / sales | 0.9 | 0.7 | 0.3 | 0.5 | 0.8 | 0.7 | 0.1 | 0.1 | 0.2 | 0.2 |
| EV / EBITDA | 35.8 | 9.9 | 6.1 | — | — | — | — | — | — | 7.8 |
| EV / free cash flow | 14.7 | 9.8 | — | 46.9 | — | — | — | — | 2.3 | — |
| Earnings yield | 10.2% | −27.5% | −30.8% | −48.9% | −54.1% | −260.9% | −294.3% | −49.2% | −10.8% | 6.7% |
| Free cash flow yield | 8.4% | 14.5% | −10.4% | 4.6% | −75.3% | −212.4% | −96.0% | −86.4% | 18.8% | −7.4% |
| Dividend yield | 0.0% | 10.1% | 0.0% | 0.1% | 0.1% | — | — | 0.0% | 1.6% | 2.4% |
| Shareholder yield (dividends + buybacks) | 0.0% | 41.1% | 0.1% | 0.2% | 0.1% | 0.0% | 0.2% | 0.1% | 1.6% | 2.5% |
| Share price at fiscal year-end | $11.07 | $8.96 | $2.70 | $3.20 | $3.69 | $2.41 | $2.07 | $6.69 | $17.08 | $14.93 |
| Per share | ||||||||||
| Revenue per share | $14.83 | $18.21 | $12.62 | $14.69 | $9.78 | $8.07 | $18.62 | $25.69 | $33.33 | $42.71 |
| Earnings per share | $1.13 | −$2.47 | −$0.83 | −$1.56 | −$2.00 | −$6.29 | −$6.09 | −$3.29 | −$1.84 | $1.01 |
| Operating cash flow per share | $1.03 | $1.46 | $0.17 | $0.46 | −$2.67 | −$4.39 | −$1.54 | −$2.57 | $3.28 | $0.02 |
| Free cash flow per share | $0.93 | $1.30 | −$0.28 | $0.15 | −$2.78 | −$5.12 | −$1.99 | −$5.78 | $3.20 | −$1.11 |
| Cash per share | $1.90 | $1.45 | $1.43 | $1.36 | $1.02 | $3.25 | $5.67 | $5.12 | $10.64 | $7.56 |
| Book value per share | −$3.18 | −$4.89 | −$1.63 | −$1.15 | −$0.08 | $2.27 | $9.49 | $15.72 | $18.86 | $20.95 |
| Tangible book value per share | −$3.32 | −$4.89 | −$1.63 | −$1.15 | −$0.08 | $2.27 | $9.49 | $12.22 | $15.36 | $17.44 |
| Dividends per share | $0.00 | $0.91 | $0.00 | $0.00 | $0.00 | — | — | $0.00 | $0.27 | $0.36 |
| Capex per share | $0.10 | $0.16 | $0.45 | $0.31 | $0.11 | $0.73 | $0.45 | $3.21 | $0.08 | $1.13 |
| Debt per share | $4.51 | $5.17 | $2.65 | $5.12 | $4.72 | $6.36 | $6.39 | $1.69 | $1.08 | $1.30 |
| Shares outstanding | 33.8M | 30.7M | 28.4M | 24.8M | 20.8M | 13.4M | 12.4M | 12.3M | 12.3M | 12.3M |
| Change in shares outstanding | +10.0% | +8.3% | +14.2% | +19.6% | +54.6% | +8.7% | +0.3% | +0.3% | +0.2% | +0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | — | — | −114.3% | −48.4% | −19.1% | −9.2% | 5.0% |
| Return on invested capital (ROIC) | — | — | — | −17.0% | −24.4% | −64.2% | −43.1% | −19.1% | −17.1% | 7.6% |
| Return on assets (ROA) | 14.8% | −31.4% | −10.3% | −19.4% | −21.6% | −39.5% | −28.1% | −13.9% | −7.1% | 3.3% |
| Return on tangible assets | 13.4% | −33.8% | −9.1% | −19.4% | −20.7% | −46.2% | −30.7% | −16.4% | −8.9% | 4.2% |
| Free cash flow margin | 6.3% | 7.1% | −2.2% | 1.0% | −28.4% | −63.4% | −10.7% | −22.5% | 9.6% | −2.6% |
| Income quality (OCF / net income) | 0.91 | — | — | — | — | — | — | — | — | 0.02 |
| Financial health | ||||||||||
| Total debt | $152.4M | $159.0M | $75.2M | $127.3M | $98.1M | $85.5M | $78.9M | $20.8M | $13.3M | $15.9M |
| Cash & short-term investments | $64.3M | $44.5M | $40.6M | $33.8M | $21.3M | $43.6M | $70.0M | $63.1M | $130.7M | $92.8M |
| Net debt | $88.1M | $114.5M | $34.7M | $93.4M | $76.8M | $41.9M | $8.9M | −$42.3M | −$117.4M | −$76.9M |
| Debt / equity | — | — | — | — | — | 2.80 | 0.67 | 0.11 | 0.06 | 0.06 |
| Debt / assets | 0.53 | 0.71 | 0.29 | 0.64 | 0.49 | 0.47 | 0.32 | 0.07 | 0.04 | 0.05 |
| Net debt / EBITDA | 6.83 | 2.90 | 1.91 | — | — | — | — | — | — | −5.68 |
| Current ratio | 1.87 | 1.79 | 1.31 | 1.22 | 1.97 | 1.70 | 2.22 | 2.51 | 4.96 | 4.45 |
| Quick ratio | 1.07 | 0.86 | 0.40 | 0.61 | 1.16 | 1.15 | 1.71 | 1.47 | 3.84 | 2.65 |
| Interest coverage | 1.9 | 5.5 | 0.7 | -0.6 | -1.7 | -36.2 | -124.1 | -207.1 | -195.0 | 92.7 |
| Working capital | $74.4M | $64.2M | $43.1M | $22.9M | $67.4M | $49.8M | $60.2M | $93.8M | $159.6M | $187.0M |
| Invested capital | −$19.3M | −$35.7M | −$11.5M | $64.8M | $75.1M | $72.4M | $126.1M | $151.3M | $114.3M | $180.1M |
| Tangible asset value | −$112.3M | −$150.3M | −$46.2M | −$28.6M | −$1.7M | $30.5M | $117.2M | $150.6M | $188.7M | $213.9M |
| Net current asset value | −$237.5M | −$229.5M | −$125.2M | −$99.4M | −$65.6M | −$31.3M | −$18.4M | $59.7M | $135.8M | $158.8M |
| Graham number | — | — | — | — | — | — | — | — | — | $21.77 |
| Graham net-net per share | −$8.57 | −$9.09 | −$6.88 | −$6.01 | −$5.59 | −$6.12 | −$3.26 | $1.05 | $7.72 | $7.20 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $27.9M | $0 | $77,000 | $57,000 | — | — | $0 | $3.4M | $4.5M |
| Share buybacks (net) | $0 | $85.4M | $106,000 | $57,000 | $12,000 | $9,000 | $59,000 | $118,000 | $23,000 | $78,000 |
| Dividend payout ratio | 0.0% | — | — | — | — | — | — | — | — | 36.1% |
| Dividends + buybacks / free cash flow | 0.0% | 283.8% | — | 3.6% | — | — | — | — | 8.6% | — |
| Capex / revenue | 0.7% | 0.9% | 3.6% | 2.1% | 1.1% | 9.1% | 2.4% | 12.5% | 0.2% | 2.6% |
| Capex / operating cash flow | 9.7% | 11.2% | 266.8% | 67.9% | — | — | — | — | 2.4% | 6,440.0% |
| Capex / depreciation | 0.54 | 0.87 | 2.76 | 1.89 | 0.53 | 1.07 | 0.24 | 3.29 | 0.10 | 1.42 |
| Stock-based compensation / revenue | 0.7% | 0.6% | 0.3% | 0.6% | 1.5% | 1.0% | 0.5% | 1.0% | 0.3% | 0.2% |
| R&D / revenue | — | — | — | — | — | — | 0.4% | 0.0% | 0.1% | 0.1% |
| SG&A / revenue | 7.8% | 5.9% | 7.3% | 7.7% | 13.6% | 0.0% | 16.7% | 9.2% | 8.0% | 6.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 10.8 | 8.9 | 14.0 | 33.5 | 52.9 | 27.6 | 20.0 | 14.9 | 20.5 | 27.2 |
| Days of inventory on hand | 61.2 | 74.2 | 109.2 | 64.8 | 90.3 | 95.7 | 67.0 | 62.6 | 64.3 | 80.5 |
| Days payables outstanding | 44.9 | 49.7 | 76.7 | 48.3 | 57.0 | 45.4 | 34.7 | 33.1 | 26.0 | 26.0 |
| Cash conversion cycle (days) | 27.2 | 33.5 | 46.6 | 50.0 | 86.2 | 77.8 | 52.3 | 44.4 | 58.9 | 81.8 |
| Receivables turnover | 33.67 | 41.00 | 26.06 | 10.90 | 6.91 | 13.22 | 18.24 | 24.54 | 17.78 | 13.39 |
| Payables turnover | 8.13 | 7.35 | 4.76 | 7.56 | 6.40 | 8.03 | 10.51 | 11.02 | 14.04 | 14.05 |
| Inventory turnover | 5.96 | 4.92 | 3.34 | 5.63 | 4.04 | 3.82 | 5.45 | 5.83 | 5.67 | 4.53 |
| Asset turnover | 1.95 | 2.31 | 1.56 | 1.82 | 1.06 | 0.51 | 0.86 | 1.08 | 1.29 | 1.40 |
| Average receivables | $14.9M | $13.6M | $13.7M | $33.5M | $29.4M | $8.2M | $12.6M | $12.9M | $23.0M | $39.1M |
| Average payables | $52.6M | $67.0M | $66.4M | $44.8M | $29.9M | $15.2M | $23.2M | $29.0M | $28.9M | $34.4M |
| Average inventory | $71.8M | $100.2M | $94.7M | $60.2M | $47.4M | $32.0M | $44.8M | $54.9M | $71.6M | $106.6M |
| Intangibles / total assets | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 14.9% | 14.5% | 12.7% |
Computed from RAIL's annual financial statements (latest annual report filed March 9, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
RAIL valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), FreightCar America traded at 9.8 times earnings. It ended the year with $152.4 million of debt and $64.3 million in cash and short-term investments, net debt of $88.1 million. The share count rose 175.5% from 12.3M to 33.8M over 9 years.
See the RAIL income statement, the RAIL chart for price history, or the RAIL stock overview for the latest quote and news.
RAIL key metrics FAQ
What is FreightCar America's P/E ratio?
FreightCar America traded at 9.8 times earnings at the end of fiscal 2025.
What is FreightCar America's EV/EBITDA?
FreightCar America's enterprise value was 35.8 times EBITDA at the end of fiscal 2025 (enterprise value $462.1 million, EBITDA $12.9 million); the current EV/EBITDA is 25.2.
How much debt does FreightCar America have?
FreightCar America had total debt of $152.4 million at the end of fiscal 2025 and $88.1 million of net debt (6.83 times EBITDA).
Does FreightCar America pay a dividend?
FreightCar America did not pay a dividend in fiscal 2025.
What is FreightCar America's free cash flow yield?
FreightCar America generated $31.4 million of free cash flow in fiscal 2025, a free cash flow yield of 8.4% on its market value at year-end ($374.0 million).
What is FreightCar America's current ratio?
FreightCar America's current ratio was 1.87 at the end of fiscal 2025: current assets were 1.87 times current liabilities.