L.B. Foster Company

FSTR

Industrials Railroads

L.B. Foster Company’s revenue for fiscal 2025 (year ended December 2025) was $540.0 million, up 1.74% from fiscal 2024.

Revenue
+21.5%
EPS
+55.3%
Free cash flow
−21.0%
Total debt
−51.1%

Quarter to September 2026, against a year earlier

39.75 0.68 +1.74%
Market cap
$418.2M
P/E
29.6×
Fwd P/E
24.5×
Dividend yield
—
F-score
6/9
ROIC
7.84%
Net debt / EBITDA
1.1×
Dividend safety
n/a

Insider Decisions last twelve months

Net sold
$6.6M
Trades
6 sells · 0 buys
Ownership
7.67%

Capital & Financial Ratios $m

Size
Market Cap 418
Revenue ttm 588
Net income ttm 14
Free cash flow ttm 42
Net debt Q 21
Valuation
P/E 29.6
Forward P/E 24.5
Price / sales 0.7
Forward P/S Powerpack
Price / FCF 9.9
Price / book 2.2
Financial health
Current ratio Q 1.9 (at or above 1.5: strong)
Debt / equity Q 0.2 (at or below 0.5: strong)
Interest coverage Q 13.1
Growth
Revenue growth Q +21.5% (above 0%: growing)
Operating income growth Q +21.5% (above 0%: growing)
EPS, this year +142.0% (at or above 15%: strong)
EPS, next year A +19.5% (at or above 15%: strong)
Revenue, next year A +6.5%
EPS, past 5 yrs −0.6% (below 0%: weak)
EPS, next 5 yrs A +57.6% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/E against its own 10 years 54.55%
10-year low 10-year high
P/S against its own 10 years 97.21%
10-year low 10-year high
P/B against its own 10 years 97.36%
10-year low 10-year high
EV/Sales against its own 10 years 95.78%
10-year low 10-year high
EV/FCF against its own 10 years 43.78%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–22
−100.0%/yr
  1. 0.12 ’16
  2. 0.00 ’17 −100
  3. 0.00 ’19
  4. 0.00 ’20
  5. 0.00 ’21
  6. 0.00 ’22
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3 2 4 7
Receivables 53 65 81 76
Inventory 73 71 60 59
Other 38 24 12 14
167 162 157 156
2023 2024 2025 Q'26
Payables 40 50 53 45
ST’ Debt 0 0 0 0
Other — — — —
95 88 84 82

Compound Annual Growth %

10y 5y 3y
Sales (1.44%) 1.66% 2.77%
Cash Flow (4.45%) 16.06% 0.00%
Earnings 0.00% (0.10%) 0.00%
Book Value (4.63%) (0.09%) 8.55%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.14 0.29 0.64 — —
’25 (0.20) 0.27 0.40 0.22 0.69
’24 0.40 0.26 3.27 (0.02) 3.89
’23 (0.20) 0.32 0.05 (0.04) 0.13
’22 (0.15) 0.18 (0.20) (4.09) (4.25)
’21 (0.12) 0.27 0.22 (0.03) 0.34
’20 (0.18) 0.05 0.64 0.20 0.71
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 121 139 168 — —
’25 98 144 138 160 540
’24 124 141 137 128 531
’23 115 148 145 135 544
’22 99 132 130 137 497
’21 116 155 130 113 514
’20 122 142 118 116 497
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (10) 18 24 — —
’25 (26) 10 29 22 36
’24 (21) (5) 25 24 23
’23 7 (10) 19 22 37
’22 (8) (6) (5) 8 (11)
’21 7 (1) (14) 6 (1)
’20 (7) 13 7 4 17
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (13) 14 21 — —
’25 (29) 8 26 20 25
’24 (21) (7) 22 22 17
’23 6 (11) 17 20 33
’22 (9) (7) (7) 5 (18)
’21 6 (2) (15) 5 (6)
’20 (10) 10 5 2 8
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 484 536 581 616 497 514 497 544 531 540 588 +1.2% 575 600 620 +4.7%
Gross margin, % 18.69 19.62 19.53 19.62 19.10 16.80 18.01 20.61 22.24 21.06 20.85 +2.4 pt
EBT (147) 10 (25) 24 14 5 (9) 1 14 17 23 n/m
EBT margin, % (30.44) 1.87 (4.23) 3.92 2.81 0.89 (1.81) 0.17 2.72 3.23 3.90 +33.7 pt
Net income (142) 5 (31) 48 26 3 (46) 1 43 7 14 n/m
Per share, $
Per share, $ Revenue 47.07 51.90 56.08 59.22 47.19 48.35 46.41 50.35 49.51 52.05 56.68 +1.1%
Earnings (13.79) 0.52 (3.01) 4.09 0.72 0.34 (4.25) 0.14 4.01 0.73 1.34 n/m
Cash flow 1.79 3.81 2.51 2.81 1.61 (0.10) (0.99) 3.42 2.11 3.43 5.12 +7.5%
Capex (0.65) (0.45) (0.13) (0.49) (0.87) (0.43) (0.69) (0.37) (0.55) (1.00) (1.12) +4.9%
Free cash flow 1.14 3.36 2.38 2.32 0.74 (0.53) (1.67) 3.05 1.56 2.43 4.00 +8.8%
Book value 12.97 14.95 11.79 16.32 16.78 17.28 12.84 13.23 16.70 16.97 18.00 +3.0%
Shares, m 10 10 10 10 11 11 11 11 11 10 10 +0.1%
Valuation, ×
Valuation, × P/E 0.00 51.22 0.00 4.74 20.90 40.44 0.00 171.46 6.73 36.42 29.62 33.2
P/S 0.30 0.51 0.28 0.33 0.32 0.28 0.21 0.44 0.54 0.52 0.70 0.4
P/B 1.10 1.78 1.35 1.19 0.90 0.80 0.76 1.69 1.61 1.59 2.21 1.3
EV/Sales 0.57 0.68 0.39 0.40 0.39 0.33 0.39 0.54 0.63 0.59 0.74 0.5
EV/FCF 23.58 10.59 9.32 10.15 25.29 (29.53) (10.81) 8.90 19.89 12.60 10.45 8.0
Cash, $m
Cash, $m Operating cash flow 18 39 26 29 17 (1) (11) 37 23 36 53 +7.6%
Capex (7) (5) (1) (5) (9) (5) (7) (4) (6) (10) (12) +5.0%
Free cash flow 12 35 25 24 8 (6) (18) 33 17 25 42 +8.9%
Balance, $m
Balance, $m Working capital 117 133 102 100 100 93 103 73 73 73 74 (5.1%)
Net debt 129 92 65 44 37 21 89 53 44 38 21 (12.6%)
Shareholders’ equity 133 154 122 170 177 184 138 143 179 176 187 +3.1%
Returns, %
Returns, % ROA (29.52) 1.35 (7.94) 10.80 1.96 1.02 (12.87) 0.43 13.28 2.27 4.21 +31.8 pt
ROIC (1.24) 4.49 (6.57) 9.34 4.56 1.37 (1.99) 2.91 5.74 6.38 7.84 +7.6 pt
ROE (68.09) 3.73 (22.54) 29.16 4.37 2.01 (28.37) 1.04 26.69 4.25 7.61 +72.3 pt
People
People Employees 1,241 1,475 1,480 1,330 1,130 991 1,131 1,065 1,057 1,191 — (0.5%)
Revenue/emp, $m 0.39 0.36 0.39 0.46 0.44 0.52 0.44 0.51 0.50 0.45 — +1.7%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026

L.B. Foster Company vs peers in Railroads (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CP Canadian Pacific Kansas City Limited $80.2B 29.4× 28.0× +13.46% (above 0%: growing) +2.30% (above 0%: growing) +124.63% (above 0%: growing) 67.03% 35.25% Compare
NSC Norfolk Southern Corporation $71.9B 26.8× 25.9× +13.63% (above 0%: growing) +6.65% (above 0%: growing) +7.49% (above 0%: growing) 66.25% 32.61% Compare
WAB Wabtec $47.6B 35.1× 30.4× +8.11% (above 0%: growing) +34.25% (above 0%: growing) +22.12% (above 0%: growing) 37.31% 20.03% Compare
TRN Trinity Industries, Inc. $2.3B 7.2× 13.4× +17.84% (above 0%: growing) −42.16% (below 0%: shrinking) +50.99% (above 0%: growing) 23.70% 17.87% Compare
GBX Greenbrier Companies, Inc. (The) $1.3B 15.4× 12.9× −22.19% (below 0%: shrinking) −64.93% (below 0%: shrinking) −373.08% (below 0%: shrinking) 13.50% 4.31% Compare
FSTR L.B. Foster Company $418.2M 29.6× 24.5× +21.48% (above 0%: growing) +55.29% (above 0%: growing) −21.03% (below 0%: shrinking) 20.49% 6.00%
RAIL Freightcar America, Inc. $139.0M — (loss-making) 9.9× −4.62% (below 0%: shrinking) n/m +33.43% (above 0%: growing) 5.45% (3.80%) Compare
SWVL Swvl Holdings Corp. $77.8M — (loss-making) — — n/m +99.68% (above 0%: growing) 13.65% (77.75%) Compare
RVSN Rail Vision Ltd. $6.1M — (loss-making) — (loss-making) −65.95% (below 0%: shrinking) n/m −95.95% (below 0%: shrinking) 57.04% 0.00% Compare
Median of peers $1.8B 26.8× 19.7× +8.11% +2.30% +27.78% 30.51% 11.09%

All 11 Railroads stocks →

Pay and ownership Proxy statement filed 10 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 2.92m 2.85m 278.41
2024 3.08m 3.63m 277.89
2023 2.86m 5.15m 227.17

Ownership

Directors and executive officers, together 7.60%
Brandes Investment Partners, LP(e) 12.80%
GAMCO Investors, Inc. (as defined below)(f) 11.80%
22NW (as defined below)(g) 11.30%
Dimensional Fund Advisors LP(h) 6.50%
BlackRock, Inc.(i) 6.00%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

L.B. Foster Company (FSTR) Latest News

28 Oct

16 Oct

27 May

Impact 3 · · StockStory

11 May

8 May

Impact 3 · · Zacks
stockrow.com/FSTR · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com