GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FreightCar America Inc (NAS:RAIL) » Definitions » Gross Margin %

FreightCar America (FreightCar America) Gross Margin % : 9.56% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is FreightCar America Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FreightCar America's Gross Profit for the three months ended in Dec. 2023 was $12.1 Mil. FreightCar America's Revenue for the three months ended in Dec. 2023 was $126.6 Mil. Therefore, FreightCar America's Gross Margin % for the quarter that ended in Dec. 2023 was 9.56%.


The historical rank and industry rank for FreightCar America's Gross Margin % or its related term are showing as below:

RAIL' s Gross Margin % Range Over the Past 10 Years
Min: -12.45   Med: 6.36   Max: 11.66
Current: 11.66


During the past 13 years, the highest Gross Margin % of FreightCar America was 11.66%. The lowest was -12.45%. And the median was 6.36%.

RAIL's Gross Margin % is ranked worse than
73.17% of 943 companies
in the Transportation industry
Industry Median: 20.14 vs RAIL: 11.66

FreightCar America had a gross margin of 9.56% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FreightCar America was 0.00% per year.


FreightCar America Gross Margin % Historical Data

The historical data trend for FreightCar America's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FreightCar America Gross Margin % Chart

FreightCar America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.22 -12.45 5.64 7.08 11.66

FreightCar America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.58 9.24 14.62 14.90 9.56

Competitive Comparison of FreightCar America's Gross Margin %

For the Railroads subindustry, FreightCar America's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FreightCar America's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FreightCar America's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FreightCar America's Gross Margin % falls into.



FreightCar America Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

FreightCar America's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=41.8 / 358.093
=(Revenue - Cost of Goods Sold) / Revenue
=(358.093 - 316.33) / 358.093
=11.66 %

FreightCar America's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=12.1 / 126.604
=(Revenue - Cost of Goods Sold) / Revenue
=(126.604 - 114.506) / 126.604
=9.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


FreightCar America  (NAS:RAIL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

FreightCar America had a gross margin of 9.56% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


FreightCar America Gross Margin % Related Terms

Thank you for viewing the detailed overview of FreightCar America's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


FreightCar America (FreightCar America) Business Description

Traded in Other Exchanges
Address
125 S. Wacker Drive, Suite 1500, Chicago, IL, USA, 60606
FreightCar America Inc is a diversified manufacturer of railcars and railcar components in North America. The company design and manufacture a broad variety of freight cars including covered hoppers, open-top hoppers, gondolas, intermodal, and non-intermodal flat cars that transport numerous types of dry bulk and containerized freight products. Its Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing, and major railcar rebuilds and generates revenue from the same.
Executives
Benavides Alejandro Gil 10 percent owner BARRANQUILLA 404 COLONIA GRADALUPE, MONCLOVA N9 25750
Nicholas J Randall officer: Chief Operating Officer 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
De Nigris Felan Jose director 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
James R Meyer director, officer: President and CEO TWO NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
W Matthew Tonn officer: Chief Commercial Officer 2 N RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
Fuentes Sierra Juan Carlos officer: Corporate Controller & CAO 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Celia Perez officer: GC and Corp Secretary 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Travis D Kelly director 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Michael Anthony Riordan officer: Corporate Controller and CAO 125 SOUTH WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Terence R Rogers officer: Vice Pres, CFO and Treasurer RYERSON INC, 2621 W. 15TH PLACE, CHICAGO IL 60608
Gil Benavides Jesus Salvador director 125 S. WACKER DRIVE, SUITE 1500, C/O FREIGHTCAR AMERICA, INC., CHICAGO IL 60606
Fabricaciones Y Servicios De Mexico, S.a. De C.v. 10 percent owner CARRETARA 57 KM 178, CASTANOS O5 25870
Elizabeth K Arnold director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112