Manufacturing was FreightCar America’s largest segment in fiscal 2024, bringing in $541.18M of $559.43M (97%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manufacturing | $192.81M | $352.83M | $345.87M | $541.18M | ||||||||||
| New & Rebuild Railcar Revenues | — | — | — | — | ||||||||||
| Services | — | — | — | — | ||||||||||
| Aftermarket | — | — | $12.23M | $18.24M | ||||||||||
| Corporate & Other | $10.24M | $11.93M | — | — | ||||||||||
| Parts Sales | — | — | — | — | ||||||||||
| Used Railcar Sales | — | — | — | — | ||||||||||
| Leasing Revenues | — | — | — | — | ||||||||||
| Maintenance & Repair | — | — | — | — | ||||||||||
| Other Sales | — | — | — | — | ||||||||||
| Total | $203.05M | $364.75M | $358.09M | $559.43M |
FreightCar America brought in $559.43M from its two segments in fiscal 2024, the year ended December 31, 2024. That was up 56.2% from $358.09M in fiscal 2023. Manufacturing was the largest at $541.18M (96.7%), ahead of Aftermarket at $18.24M (3.3%).
Compared with fiscal 2023, Manufacturing grew 56.5% to $541.18M and Aftermarket grew 49.2% to $18.24M.
FreightCar America began breaking out Aftermarket in fiscal 2023, when it brought in $12.23M. FreightCar America stopped reporting Corporate & Other as a separate segment after fiscal 2022, when it brought in $11.93M.
Railcar Sales was FreightCar America’s largest product and service line in fiscal 2017, bringing in $398.10M of $409.47M (97%).
| Product and Service | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Railcar Sales | $556.58M | $743.14M | $513.54M | $398.10M | |||
| New Railcar Sales | — | — | — | — | |||
| New Railcar Revenues | — | — | — | — | |||
| Rebuild Railcar Revenues | — | — | — | — | |||
| Maintenance & Repair | $19.61M | $17.02M | $10.00K | — | |||
| Parts Sales | $15.76M | $9.85M | $7.57M | $8.87M | |||
| Leasing Revenues | $6.07M | $2.65M | $2.61M | $2.30M | |||
| Used Railcar Sales | — | — | — | — | |||
| Other Sales | $495.00K | $200.00K | — | $207.00K | |||
| Total | $598.52M | $772.85M | $523.73M | $409.47M |
FreightCar America brought in $409.47M from its four product and service lines in fiscal 2017, the year ended December 31, 2017. FreightCar America regrouped these lines after fiscal 2016, so the total does not compare directly with that year's $523.73M. Railcar Sales was the largest at $398.10M (97.2%), ahead of Parts Sales at $8.87M (2.2%) and Leasing Revenues at $2.30M (0.6%). The remaining line, Other Sales, brought in $207.00K.
Compared with fiscal 2016, Parts Sales grew 17.2% to $8.87M, while Railcar Sales fell 22.5% to $398.10M.
FreightCar America stopped reporting Maintenance & Repair as a separate line after fiscal 2016, when it brought in $10.00K.
FreightCar America (RAIL) reports its revenue by segment and by product and service. In fiscal 2024, Manufacturing was its largest segment, bringing in $541.18M (96.7% of the total), followed by Aftermarket at $18.24M (3.3%).
Manufacturing was FreightCar America's largest segment in fiscal 2024, bringing in $541.18M, or 96.7% of the $559.43M total across its two segments.
Railcar Sales was FreightCar America's largest product and service line in fiscal 2017, bringing in $398.10M, or 97.2% of the $409.47M total across its four product and service lines.
Manufacturing grew faster than Aftermarket in fiscal 2024, up 56.5% from $345.87M to $541.18M. Aftermarket grew 49.2% to $18.24M.
Every figure comes from FreightCar America's annual financial filings, as reported. Each line keeps the name FreightCar America gives it, and years follow its fiscal calendar.
FreightCar America's revenue by segment goes back to fiscal 2010, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.