FOSTER L B CO FSTR
Founded in 1902, L.B. Foster Company is a Pennsylvania corporation with its principal office in Pittsburgh, PA. L.B. Foster Company is a global technology solutions provider of engineered, manufactured products and services that builds and supports infrastructure. The Company's innovative engineering and product development solutions address the safety, reliability, and performance needs of its customers' most challenging requirements. The Company maintains locations in North America, South America, Europe, and Asia. As used herein, "L.B. Foster," the "Company," "we," "us," and "our" or similar references refer collectively to L.B. Foster Company and its subsidiaries, unless the context indicates otherwise.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $540.0M | $530.8M | $543.7M | $497.5M | $513.6M | $497.4M | $616.4M | $581.1M | $536.4M | $483.5M |
| Cost of revenue | $426.3M | $412.7M | $431.7M | $407.9M | $427.3M | $402.4M | $495.5M | $467.6M | $431.1M | $393.2M |
| Gross profit | $113.8M | $118.1M | $112.0M | $89.6M | $86.3M | $95.0M | $120.9M | $113.5M | $105.3M | $90.4M |
| R&D | $3.6M | $2.8M | $2.6M | $2.2M | $2.2M | $2.6M | $2.6M | $2.6M | $2.2M | $3.5M |
| SG&A | $88.6M | $96.4M | $97.6M | $82.7M | $76.0M | $73.6M | $82.5M | $82.7M | $80.5M | $86.0M |
| Operating income | $21.9M | $20.5M | $9.1M | -$7.2M | $4.5M | $15.6M | $36.5M | $38.9M | $28.6M | -$134.2M |
| Interest expense | — | — | $5.5M | $3.3M | $3.0M | $3.8M | $4.9M | $6.1M | $8.1M | $6.6M |
| Pre-tax income | $17.4M | $14.4M | $944.0K | -$9.0M | $4.6M | $14.0M | $24.1M | -$24.6M | $10.1M | -$147.2M |
| Income tax | $10.0M | $28.4M | $355.0K | $36.7M | $1.1M | $11.8M | $23.8M | $6.0M | $4.7M | $5.5M |
| Net income | $7.4M | $42.8M | -$1.2M | -$45.6M | $3.6M | $7.6M | $42.6M | -$31.2M | $5.4M | -$141.7M |
| EPS, basic | 0.73 | 4.01 | 0.14 | -4.25 | 0.34 | 0.72 | 4.09 | -3.01 | 0.52 | -13.79 |
| EPS, diluted | 0.69 | 3.89 | 0.13 | -4.25 | 0.34 | 0.71 | 4.00 | -3.01 | 0.51 | -13.79 |
| Shares, diluted (wtd. avg.) | $10.9M | $11.0M | $11.0M | $10.7M | $10.8M | $10.7M | $10.6M | $10.4M | $10.5M | $10.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.3M | $2.5M | $2.6M | $2.9M | $10.4M | $7.6M | $14.2M | $10.3M | $37.7M | $30.4M |
| Receivables | — | — | — | — | $55.9M | $58.2M | $73.5M | $82.3M | $72.4M | $63.3M |
| Inventory | $60.2M | $70.5M | $73.1M | $75.7M | $62.9M | $78.6M | $118.5M | $124.5M | $102.7M | $83.2M |
| Total current assets | $156.9M | $161.6M | $167.4M | $205.7M | $179.5M | $195.3M | $216.7M | $226.7M | $226.3M | $199.6M |
| Property, plant and equipment | — | — | — | — | — | — | $82.3M | $86.9M | $96.1M | $104.0M |
| Goodwill | $33.1M | $31.9M | $32.6M | $30.7M | $20.2M | $20.3M | $19.6M | $19.3M | $19.8M | $18.9M |
| Other intangibles | $11.5M | $14.8M | $19.0M | $23.8M | $31.0M | $36.9M | $42.1M | $49.8M | $57.4M | $63.5M |
| Total assets | $330.4M | $334.6M | $312.4M | $365.3M | $342.6M | $370.4M | $405.2M | $383.2M | $401.7M | $393.0M |
| Accounts payable | $52.5M | $50.1M | $39.5M | $48.8M | $41.4M | $54.8M | $63.0M | $78.3M | $52.4M | $37.7M |
| Total current liabilities | $83.9M | $88.3M | $94.5M | $103.1M | $86.2M | $95.3M | $116.7M | $124.2M | $93.5M | $82.3M |
| Retained earnings | $175.1M | $167.6M | $124.6M | $123.2M | $168.7M | $165.1M | $157.5M | $114.3M | $145.8M | $133.7M |
| Total equity | $175.3M | $178.3M | $142.8M | $137.6M | $183.6M | $176.8M | $169.9M | $122.1M | $154.5M | $140.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $35.6M | $22.6M | $37.0M | -$10.6M | -$810.0K | $20.5M | $26.2M | $26.5M | $39.4M | $18.4M |
| Depreciation and amortisation | $12.5M | $14.1M | $15.3M | $14.8M | $13.9M | $13.6M | $14.4M | $15.0M | $19.8M | $23.5M |
| Stock-based compensation | $5.1M | $3.8M | $4.2M | $2.4M | $1.9M | $1.1M | $3.2M | $3.8M | $1.7M | $1.3M |
| Capital expenditure | $10.4M | $9.8M | $4.5M | $7.6M | $4.6M | $9.2M | $6.0M | $3.7M | $6.1M | $7.7M |
| Investing cash flow | -$10.4M | -$6.3M | $2.5M | -$56.4M | $17.8M | -$10.3M | -$5.1M | $3.8M | -$4.7M | -$7.9M |
| Financing cash flow | -$23.5M | -$16.2M | -$39.3M | $60.2M | -$13.9M | -$15.3M | -$18.2M | -$55.3M | -$29.7M | -$12.5M |
| Dividends paid | — | — | — | — | — | — | — | — | $0 | $1.2M |
| Buybacks | $16.5M | $8.2M | $2.6M | $410.0K | $732.0K | $1.7M | $621.0K | $316.0K | $103.0K | $342.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-014171.
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