Monday 9 November 2026
Export FSTR’s income statement to Excel — free account
L.B. Foster Company
FSTRL.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%
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Target Price Range
Analyst price targets
Free accountTen 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
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% |
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