From GlobeNewswire: 2025-03-12 16:15:00

FreightCar America reported a 56% increase in revenue for the full year, with gross profit up 60%. Operating Cash Flow reached $45 million, while Adj. Free Cash Flow hit $22 million. The company projects growth in Deliveries, Revenue, and Adj. EBITDA for 2025.

In the fourth quarter of 2024, FreightCar America saw revenues of $137.7 million, a gross profit of $21.0 million, and an Adjusted EBITDA of $13.9 million. For the full year, revenues reached $559.4 million, with an Adjusted EBITDA of $43.0 million.

Looking ahead to 2025, the company forecasts railcar deliveries between 4,500 and 4,900, revenue of $530-$595 million, and an Adjusted EBITDA of $43-$49 million. These projections indicate growth in all areas compared to the previous year.

FreightCar America’s President and CEO, Nick Randall, expressed satisfaction with the company’s performance in 2024. CFO Mike Riordan highlighted strong cash flow and optimized balance sheets as key achievements. The company aims to maintain profitability and drive long-term value for stakeholders.



Read more at GlobeNewswire:: FreightCar America, Inc. Reports Fourth Quarter and Full