Filing Flows › FreightCar America (RAIL) › Q4 2024
FreightCar America (RAIL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 12, 2025
FreightCar America (RAIL) reported revenue of $138M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +22% from the quarter before. Operating margin was 8.5%, net earnings $28.2M (20.5% of revenue).
FreightCar America, Q4 2024: revenue $138M (+9% year over year), operating margin 8.5%, net earnings $28.2M, operating cash flow $5.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $138M | +22% | +9% |
| Gross profit | $21.0M | +30% | +74% |
| Operating profit | $11.6M | +34% | 43× |
| Net earnings | $28.2M | — | — |
| Operating cash flow | $5.9M | -18% | -81% |
| Free cash flow | $4.6M | -19% | -83% |
What changed
Revenue was $137.7M in Q4 2024, up 9% year over year and up 22% from the previous quarter.
Gross margin was 15.3%, up 5.7 points from a year earlier. Operating profit was $11.6M, a 8.5% margin (up 8.2 points year over year). Of the extra revenue versus a year earlier, 103% reached operating profit, above the 0% margin then. Operating expenses fell 21% while revenue rose 9%. Net earnings were $28.2M. The effective tax rate was 6.8%. Non-operating items added $25.5M, 69% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $5.9M (down 81% year over year), 17% of net income including minority interests. Non-cash charges added back $1.5M of depreciation and amortization and $780K of share-based compensation. Working capital and other items used $31.0M. Capital expenditures of $1.3M left free cash flow of $4.6M.
Questions
What was FreightCar America's revenue in the fourth quarter 2024?
FreightCar America (RAIL) reported revenue of $138M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +22% from the quarter before.
Was FreightCar America profitable in the fourth quarter 2024?
Operating profit was $11.6M (8.5% of revenue) and net earnings $28.2M.
Source: FreightCar America 10-K on SEC EDGAR.