FreightCar America (RAIL) Balance Sheet: Assets & Liabilities

FreightCar America (RAIL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), FreightCar America reported total assets of $290.05M and total liabilities of $397.46M. Shareholders' equity was negative at −$107.41M, meaning liabilities exceed assets. Total debt stood at $107.24M against $64.30M in cash and short-term investments, a net debt position of $42.95M.

FreightCar America Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for FreightCar America, Inc. (RAIL) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	64.30	44.45	40.56	33.83	21.28	43.59	66.26	45.07	87.79
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	3.77	18.02	42.92
Cash & Short-Term Investments	64.30	44.45	40.56	33.83	21.28	43.59	70.03	63.09	130.71
Accounts Receivable	12.44	17.32	6.41	17.51	9.57	9.42	6.99	18.22	7.58
Inventory	68.30	75.28	125.02	64.32	60.15	38.83	25.09	64.56	45.29
Other Current Assets	8.88	7.98	4.87	13.22	5.09	29.13	7.57	9.96	16.37
Total Current Assets	160.01	145.03	180.42	128.89	136.73	120.98	109.68	155.83	199.95
Non-Current Assets
Property, Plant & Equipment (Net)	71.25	77.61	77.20	69.26	55.07	58.73	133.97	110.07	61.69
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	21.52	21.52
Intangible Assets	4.88	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.95	1.57	1.84	1.59	8.87	3.04	1.55	2.31	3.30
Total Non-Current Assets	130.04	79.19	79.04	70.85	63.94	61.76	135.52	133.90	95.96
Total Assets	290.05	224.22	259.46	199.74	200.66	182.74	245.20	289.74	295.90
Current Liabilities
Accounts Payable	55.67	49.57	84.42	48.45	50.06	18.65	11.71	34.75	23.33
Short-Term Debt	9.73	4.13	29.42	40.74	1.96	29.24	14.96	0.00	0.00
Current Portion of Long-Term Debt	9.73	2.88	29.42	40.74	-	17.61	-	-	-
Accrued Liabilities	9.17	6.29	7.34	6.02	2.91	5.15	-	-	-
Deferred Revenue	0.54	8.56	5.69	0.00	4.59	0.00	2.22	5.22	2.22
Other Current Liabilities	8.60	18.56	6.65	16.79	13.05	23.26	20.54	27.30	16.99
Total Current Liabilities	85.60	80.83	137.36	105.99	69.32	71.15	49.43	62.05	40.32
Non-Current Liabilities
Long-Term Debt	97.51	154.86	44.44	86.52	79.48	56.22	63.97	0.00	0.00
Other Non-Current Liabilities	1.33	138.80	2.56	35.82	36.90	24.88	9.93	27.14	14.69
Total Non-Current Liabilities	311.87	293.66	168.30	122.34	133.00	81.10	78.62	34.08	23.86
Total Liabilities	397.46	374.49	305.67	228.32	202.32	152.25	128.05	96.13	64.17
Stockholders' Equity
Common Stock	0.22	0.22	0.21	0.20	0.19	0.16	0.13	0.13	0.13
Retained Earnings	-182.52	-220.62	-142.85	-118.91	-80.07	-38.62	45.82	120.80	161.38
Accumulated Other Comprehensive Income	2.32	0.72	2.37	1.02	-5.52	-11.76	-10.78	-8.19	-7.57
Additional Paid-in Capital	72.56	69.40	94.07	89.10	83.74	80.72	82.04	80.87	77.79
Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00	-0.06	0.00	0.00
Shares Outstanding	19.09	18.96	17.90	17.22	15.95	-	-	-	-
Total Stockholders' Equity	-107.41	-150.27	-46.21	-28.58	-1.66	30.50	117.21	193.61	231.73
Total Liabilities & Equity	290.05	224.22	259.46	199.74	200.66	182.74	245.20	289.74	295.90

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About FreightCar America Balance Sheet

How much debt does FreightCar America have?

FreightCar America had total debt of $107.24M as of Dec 31, 2025, against $64.30M in cash and short-term investments. Total debt was $158.99M a year earlier.

What are FreightCar America's total assets?

FreightCar America reported total assets of $290.05M as of Dec 31, 2025, up 29.4% from $224.22M a year earlier. Total liabilities were $397.46M.

What is FreightCar America's shareholders' equity?

FreightCar America's shareholders' equity was negative at −$107.41M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition