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FreightCar America, Inc. (RAIL) Annual Reports

Q: Where can I read FreightCar America, Inc. (RAIL) annual reports?

Every year on this page links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser. 3 filings are currently indexed.

Q: What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer; a 20-F is filed by foreign private issuers (Taiwanese companies with US ADRs, such as TSMC, file 20-F). A 40-F applies to Canadian issuers under the MJDS.

FreightCar America, Inc. is listed on Nasdaq, classified by the SEC under Railroad Equipment (SIC 3743). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： Nasdaq
Fiscal year end： 12/31
SEC CIK： 1320854 →

Website：Official site ↗

Financial Highlights

FY2026 Q2 (quarterly, ended 2026-06-30)
	Current	Prior year	YoY
Revenue	$113.1M	$118.5M	-4.6%
Operating income	$-4.3M	$7.7M	-155.7%
Net income	$-30.1M	$11.7M	-357.8%
EPS (diluted)	$-0.94	$0.34	-376.5%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 113 mn Net income -30.1 mn

Show table：Income statement

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Revenue	248	31.0	41.3	51.0	72.2	97.6	130	187	219	181	161	117	87.6	47.1	76.0	79.7	56.1	140	190	212	92.8	236	241	203	149	126	113	136	139	118	71.5	79.2	82.3	64.8	77.3	86.2	69.0	72.0	39.1	43.4	3.74	16.0	24.0	60.3	31.3	36.5	57.5	74.5	92.4	56.0	84.9	128	80.4	88.2	61.8	126	161	146	113	138	96.2	119	160	125	64.3	113
Gross profit	36.5	3.66	-0.82	-0.03	2.24	3.97	9.12	16.6	23.7	17.0	16.1	8.12	4.97	2.28	6.18	-0.2	-3.15	11.1	18.8	15.6	4.55	21.8	29.1	27.3	15.9	8.08	9.49	6.73	9.89	5.33	-7.84	-4.05	-0.6	4.84	-3.84	-4.03	-6.85	6.02	-5.41	-8.06	-8.80	-6.14	-4.08	5.52	1.80	3.64	1.54	6.61	10.1	6.59	4.55	4.62	7.49	13.0	9.23	12.1	11.4	18.4	16.2	21.0	14.4	17.8	24.2	16.8	10.8	6.17
Operating income	5.70	-2.14	-7.32	-6.20	-3.75	-1.93	1.81	9.39	16.0	9.41	7.88	-0.04	0.55	-5.56	-0.95	-18.1	-11.5	2.38	11.3	7.35	-3.10	10.9	22.9	16.1	19.6	-0.6	-0.05	-3.09	1.10	-0.94	-18.6	-13.3	-8.59	-3.55	-8.71	-11.3	-14.5	-15.8	-36.3	-8.99	-17.1	-12.9	-41.3	-9.21	-14.0	-2.54	-4.16	0.06	-0.65	2.54	-10.7	-6.24	1.10	7.73	1.40	0.27	3.91	13.1	8.66	11.6	3.87	7.71	14.6	7.78	-0.59	-4.30
Net income	4.94	-1.30	-4.70	-3.48	-1.29	0.18	-2.44	8.48	9.73	5.56	4.76	-0.96	-2.64	-3.44	-0.93	-12.3	-6.95	1.62	6.43	4.81	-2.07	7.40	14.8	11.7	12.7	-0.47	0.05	0.07	0.64	-0.45	-11.6	-11.1	-6.40	-2.34	-6.17	-25.7	-14.0	-15.9	-35.7	-9.53	-16.9	-12.8	-40.3	-14.4	-38.4	-2.57	0.73	1.17	—	14.5	-17.8	-9.73	-5.04	-18.9	3.19	-2.86	-11.6	8.18	-107	34.6	50.5	11.7	-7.44	-16.6	41.6	-30.1

Balance sheet

Quarterly · In mn (USD)

Total assets 276 mn Total liabilities 240 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Current assets	—	—	—	150	—	225	183	200	253	244	238	261	224	227	225	297	280	247	265	273	284	286	321	281	272	263	243	241	244	234	220	200	205	218	210	156	138	154	132	110	117	122	119	121	97.2	110	125	137	168	150	132	129	132	141	158	180	171	127	168	145	173	204	221	160	163	151
Total assets	—	—	—	311	—	379	330	345	381	370	363	389	359	364	355	418	405	372	381	385	394	397	428	407	376	369	356	339	339	329	319	296	318	330	325	290	344	338	289	245	251	254	211	183	158	170	184	201	231	212	193	200	203	208	229	259	249	207	246	224	250	328	341	290	288	276
Current liabilities	—	—	—	38.7	—	112	64.8	69.7	97.1	82.3	71.7	96.6	70.8	75.1	67.7	147	138	103	105	98.3	105	93.2	101	72.6	84.5	78.4	66.7	54.1	54.5	46.1	49.2	40.3	51.4	67.5	70.0	62.0	68.8	69.4	61.7	49.4	74.6	99.5	104	71.2	61.9	69.5	62.7	69.3	91.9	86.1	64.3	106	112	96.9	85.5	137	122	68.1	105	80.8	108	130	133	85.6	90.3	83.3
Total liabilities	—	—	—	118	—	187	139	148	174	158	146	177	151	159	151	215	209	175	178	187	197	190	207	172	117	110	98.8	82.3	82.7	73.4	75.8	64.2	91.5	105	105	96.1	164	173	160	128	151	166	165	152	166	180	194	202	257	223	212	228	235	174	190	222	222	172	318	374	348	412	432	397	353	240
Equity	206	202	198	193	192	193	191	197	207	212	217	211	209	205	204	203	195	197	203	199	196	207	222	235	260	259	257	257	257	255	243	232	226	225	219	194	180	164	129	117	101	87.8	47.9	30.5	-7.71	-9.44	-9.92	-1.66	-26.0	-10.2	-18.9	-28.6	-32.5	-49.0	-44.3	-46.2	-57.0	-48.8	-156	-150	-97.4	-83.5	-90.9	-107	-65.3	36.2

Cash flow

Quarterly · In mn (USD)

Operating 12.1 mn Investing -1.17 mn Financing -0.72 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Operating	22.9	3.98	-36.6	-9.50	-10.9	-5.83	12.7	34.0	32.4	-17.6	23.7	14.5	-23.0	-34.0	-2.68	92.0	-45.6	-44.7	-18.0	102	-78.5	-17.3	34.7	-4.67	-16.9	-5.23	-32.5	54.9	16.0	24.8	-9.82	9.43	-13.5	-34.9	-19.0	35.7	1.71	-16.9	-10.4	6.57	-6.03	-14.8	-18.2	-19.9	-22.3	-21.8	-12.8	1.56	7.65	-10.0	-11.2	25.1	-7.70	-17.9	-0.83	31.2	-25.3	57.2	7.17	5.89	12.8	8.53	3.41	10.0	-4.32	12.1
Investing	-51.3	-10.9	42.2	-24.4	-0.26	6.38	2.09	1.99	-5.17	-2.65	-1.70	-43.9	-1.62	-5.32	10.7	-4.37	-14.9	2.87	4.61	4.22	7.85	-1.32	35.4	-6.21	5.28	-0.33	-5.09	14.2	-12.9	-19.5	-21.0	11.5	-8.93	-5.20	26.7	-23.5	18.6	12.2	-0.02	0.24	0.26	-7.19	2.42	-1.58	-0.17	-0.65	-0.55	-0.31	-0.96	-1.85	-0.57	-4.44	-1.96	5.36	-4.02	-3.75	-0.97	-1.30	-1.46	-1.29	-0.33	-0.02	-1.16	-7.62	-0.15	-1.17
Financing	-2.76	-0.95	-0.11	-0.01	-0.02	-0.04	-0.01	0	-0.73	-0.74	-0.72	-0.73	-0.78	18.7	-1.42	-1.11	-1.15	-1.08	-1.06	-19.4	-1.21	2.86	-1.11	-1.05	-1.18	-1.20	-1.12	-1.12	-1.13	-1.12	-1.12	0	-0.12	0	0	-0.01	-0.34	9.55	0	0	-0.01	10.0	0	42.8	-0.05	11.7	20.2	-2.50	8.09	-7.59	8.60	-1.11	-0.45	-3.29	8.23	-2.25	-0.29	-30.5	-0.25	-4.98	-2.83	-1.24	-0.86	-0.87	-7.05	-0.72
Cash at period end	98.0	90.1	95.7	61.8	50.6	51.1	65.9	102	128	107	129	98.5	73.1	52.4	59.0	146	83.8	40.9	26.4	114	41.7	26.0	95.0	83.1	70.2	63.5	24.8	92.8	98.1	101	70.2	87.8	65.3	25.1	32.9	45.1	65.0	69.9	59.4	66.3	60.5	48.5	32.8	54.0	31.6	20.7	27.5	26.2	41.0	21.5	18.4	37.9	27.8	12.0	15.4	40.6	14.0	39.4	44.8	44.5	54.1	61.4	62.7	64.3	52.8	63.0

Profitability

Quarterly · %

Gross margin 5.5% Operating margin -3.8% Net margin -26.6%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Gross margin	14.7%	11.8%	-2.0%	-0.1%	3.1%	4.1%	7.0%	8.9%	10.8%	9.4%	10.0%	7.0%	5.7%	4.8%	8.1%	-0.3%	-5.6%	7.9%	9.9%	7.3%	4.9%	9.3%	12.1%	13.4%	10.7%	6.4%	8.4%	5.0%	7.1%	4.5%	-11.0%	-5.1%	-0.7%	7.5%	-5.0%	-4.7%	-9.9%	8.4%	-13.8%	-18.6%	-235.4%	-38.3%	-17.0%	9.2%	5.8%	10.0%	2.7%	8.9%	10.9%	11.8%	5.4%	3.6%	9.3%	14.7%	14.9%	9.6%	7.1%	12.6%	14.3%	15.3%	15.0%	15.0%	15.1%	13.4%	16.8%	5.5%
Operating margin	2.3%	-6.9%	-17.7%	-12.2%	-5.2%	-2.0%	1.4%	5.0%	7.3%	5.2%	4.9%	-0.0%	0.6%	-11.8%	-1.3%	-22.8%	-20.6%	1.7%	6.0%	3.5%	-3.3%	4.6%	9.5%	7.9%	13.2%	-0.5%	-0.1%	-2.3%	0.8%	-0.8%	-26.0%	-16.8%	-10.4%	-5.5%	-11.3%	-13.1%	-21.0%	-22.0%	-92.8%	-20.7%	-457.1%	-80.7%	-172.5%	-15.3%	-44.7%	-6.9%	-7.2%	0.1%	-0.7%	4.5%	-12.6%	-4.9%	1.4%	8.8%	2.3%	0.2%	2.4%	9.0%	7.7%	8.5%	4.0%	6.5%	9.1%	6.2%	-0.9%	-3.8%
Net margin	2.0%	-4.2%	-11.4%	-6.8%	-1.8%	0.2%	-1.9%	4.5%	4.4%	3.1%	3.0%	-0.8%	-3.0%	-7.3%	-1.2%	-15.4%	-12.4%	1.2%	3.4%	2.3%	-2.2%	3.1%	6.2%	5.7%	8.5%	-0.4%	0.0%	0.1%	0.5%	-0.4%	-16.2%	-14.1%	-7.8%	-3.6%	-8.0%	-29.8%	-20.3%	-22.1%	-91.4%	-22.0%	-453.3%	-79.7%	-168.2%	-23.9%	-122.6%	-7.0%	1.3%	1.6%	—	26.0%	-21.0%	-7.6%	-6.3%	-21.4%	5.2%	-2.3%	-7.2%	5.6%	-94.6%	25.2%	52.4%	9.8%	-4.6%	-13.2%	64.8%	-26.6%

Returns & leverage

Quarterly · %

ROE -270.8% ROA -4.1% Debt ratio 86.9%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
ROE	—	—	—	-2.4%	-5.4%	-4.7%	-3.6%	2.5%	8.0%	10.5%	14.0%	9.3%	3.2%	-1.1%	-3.8%	-9.3%	-11.7%	-9.2%	-5.5%	2.9%	5.5%	8.2%	11.8%	14.7%	20.4%	16.6%	10.0%	5.0%	0.1%	0.1%	-4.5%	-9.2%	-12.3%	-13.1%	-11.3%	-19.1%	-23.7%	-31.8%	-52.4%	-48.4%	-55.6%	-59.5%	-90.0%	-114.3%	-227.9%	-244.3%	-287.9%	-270.8%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
ROA	—	—	—	-1.5%	—	-2.5%	-2.1%	1.5%	4.2%	5.7%	8.2%	5.2%	1.8%	-0.6%	-2.2%	-4.8%	-6.2%	-5.0%	-3.0%	1.5%	2.7%	4.3%	6.2%	8.0%	12.1%	10.1%	6.1%	3.3%	0.1%	0.1%	-3.4%	-7.1%	-9.0%	-9.6%	-8.1%	-13.9%	-14.6%	-18.5%	-29.8%	-28.1%	-26.2%	-25.4%	-31.8%	-39.5%	-51.8%	-45.1%	-27.6%	-20.4%	—	—	—	—	-8.3%	-24.5%	-14.4%	-10.3%	-13.3%	-1.5%	-47.7%	-31.4%	-5.5%	-3.9%	30.4%	14.8%	10.9%	-4.1%
Debt ratio	—	—	—	38.0%	—	49.2%	42.2%	42.9%	45.6%	42.6%	40.3%	45.6%	41.9%	43.6%	42.4%	51.5%	51.7%	47.0%	46.6%	48.4%	50.2%	47.8%	48.3%	42.2%	31.0%	29.8%	27.8%	24.3%	24.4%	22.3%	23.8%	21.7%	28.8%	31.9%	32.4%	33.2%	47.5%	51.4%	55.4%	52.2%	60.0%	65.6%	78.0%	83.3%	104.9%	105.5%	105.4%	100.8%	111.3%	104.8%	109.8%	114.3%	116.0%	83.5%	83.0%	85.6%	89.3%	83.2%	129.4%	167.0%	138.9%	125.4%	126.7%	137.0%	122.7%	86.9%

EPS

Quarterly · US$

EPS US$-0.94

Show table：EPS

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
EPS（US$）	0.42	-0.11	-0.39	-0.29	-0.11	0.02	-0.20	0.71	0.81	0.46	0.40	-0.08	-0.22	-0.29	-0.08	-1.03	-0.58	0.13	0.53	0.39	-0.17	0.60	1.20	0.94	1.03	-0.04	0.00	0.01	0.05	-0.04	-0.94	-0.90	-0.51	-0.19	-0.50	-2.06	-1.12	-1.26	-2.83	-0.75	-1.29	-0.97	-3.03	-0.99	-1.92	-0.13	0.03	0.11	-1.11	0.58	-0.69	-0.37	-0.19	-0.73	-0.03	-0.24	-0.54	0.11	-3.57	0.95	1.52	0.34	-0.23	-0.48	1.15	-0.94

Revenue & profit

Year-to-date · In mn (USD)

Revenue 177 mn Net income 11.6 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (USD)

Total assets 276 mn Total liabilities 240 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (USD)

Operating 7.77 mn Investing -1.32 mn Financing -7.77 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 9.6% Operating margin -2.8% Net margin 6.5%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE -270.8% ROA -4.1% Debt ratio 86.9%

EPS

Year-to-date · US$

EPS US$0.21

Revenue & profit

Annual · In mn (USD)

Revenue 501 mn Net income 38.1 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	487	677	290	599	773	524	408	311	224	104	200	362	357	558	501
Gross profit	31.9	65.0	13.2	42.3	82.7	40.2	3.33	-3.63	-14.3	-13.5	13.6	25.8	41.8	67.0	73.2
Operating income	5.51	33.2	-24.1	9.51	46.8	15.8	-31.8	-32.1	-75.6	-80.6	-20.6	-15.0	10.5	37.3	33.9
Net income	4.93	19.1	-19.3	5.90	31.8	12.3	-22.6	-40.6	-75.2	-84.4	-39.0	—	-23.6	-75.8	38.1

Balance sheet

Annual · In mn (USD)

Total assets 290 mn Total liabilities 397 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Current assets	200	261	297	273	281	241	200	156	110	121	137	129	180	145	160
Total assets	345	389	418	385	407	339	296	290	245	183	201	200	259	224	290
Current liabilities	69.7	96.6	147	98.3	72.6	54.1	40.3	62.0	49.4	71.2	69.3	106	137	80.8	85.6
Total liabilities	148	177	215	187	172	82.3	64.2	96.1	128	152	202	228	222	374	397
Equity	197	211	203	199	235	257	232	194	117	30.5	-1.66	-28.6	-46.2	-150	-107

Cash flow

Annual · In mn (USD)

Operating 34.8 mn Investing -9.14 mn Financing -5.79 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating	30.0	53.0	32.2	-6.03	-65.7	0.22	40.3	-31.6	-19.0	-58.9	-55.4	11.5	4.77	44.9	34.8
Investing	10.2	-53.4	-0.62	-3.21	35.7	14.1	-41.9	-10.9	30.9	-6.09	-1.67	-7.82	-4.37	-5.02	-9.14
Financing	-0.07	-2.94	15.4	-22.7	-0.51	-4.62	-3.37	-0.13	9.21	52.8	29.3	7.99	2.25	-36.0	-5.79
Cash at period end	102	98.5	146	114	83.1	92.8	87.8	45.1	66.3	54.0	26.2	37.9	40.6	44.5	64.3

Profitability

Annual · %

Gross margin 14.6% Operating margin 6.8% Net margin 7.6%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Gross margin	6.6%	9.6%	4.5%	7.1%	10.7%	7.7%	0.8%	-1.2%	-6.4%	-13.0%	6.8%	7.1%	11.7%	12.0%	14.6%
Operating margin	1.1%	4.9%	-8.3%	1.6%	6.0%	3.0%	-7.8%	-10.3%	-33.8%	-77.5%	-10.3%	-4.2%	2.9%	6.7%	6.8%
Net margin	1.0%	2.8%	-6.6%	1.0%	4.1%	2.4%	-5.5%	-13.1%	-33.6%	-81.2%	-19.6%	—	-6.6%	-13.6%	7.6%

Returns & leverage

Annual · %

ROE -270.8% ROA 14.8% Debt ratio 137.0%

Show table：Returns & leverage

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROE	2.5%	9.3%	-9.3%	2.9%	14.7%	5.0%	-9.2%	-19.1%	-48.4%	-114.3%	-270.8%	—	—	—	—
ROA	1.4%	5.2%	-4.8%	1.5%	8.0%	3.3%	-7.1%	-13.9%	-28.1%	-39.5%	-20.4%	—	-10.3%	-31.4%	14.8%
Debt ratio	42.9%	45.6%	51.5%	48.4%	42.2%	24.3%	21.7%	33.2%	52.2%	83.3%	100.8%	114.3%	85.6%	167.0%	137.0%

EPS

Annual · US$

EPS US$1.15

Show table：EPS

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
EPS（US$）	0.42	1.59	-1.62	0.47	2.57	1.00	-1.83	-3.26	-5.96	-6.28	-1.91	-1.59	-1.19	-3.05	1.15

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
2025	Open full text →
2024	Open full text →
2023	Open full text →

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read FreightCar America, Inc. (RAIL) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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