L B Foster Co
NASDAQ:FSTR

Watchlist Manager
L B Foster Co Logo
L B Foster Co
NASDAQ:FSTR
Watchlist
Price: 28.04 USD -0.04% Market Closed
Market Cap: $291.3m

L B Foster Co
Investor Relations

L.B.Foster Co. engages in providing products and services for the rail industry and solutions to support infrastructure projects. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 991 full-time employees. Foster Company is a global solutions provider of engineered, manufactured products and services that builds and supports infrastructure. The firm operates through three segments: Rail, Technologies, and Services (Rail), Precast Concrete Products (Precast), and Steel Products and Measurement. The Rail segment consists of various manufacturing and distribution businesses that provide a variety of products and services for freight and passenger railroads and industrial companies throughout the world. The Rail segment also offers contract project management and aftermarket services. The Precast segment consists of three precast concrete manufacturing facilities across the United States, providing engineered precast concrete solutions. The Steel Products and Measurement segment designs, manufactures, and supplies a variety of steel bridge products to contractors performing installation and repair work to North American transportation infrastructure network.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 3, 2026
AI Summary
Q4 2025

Profit & cash: 2025 operating cash flow was $35.6 million and free cash flow was $25.2 million; management says average free cash flow over the last 3 years is about $28 million (ex-Union Pacific settlement).

2026 guidance: Management expects 3.7% sales growth and 11.3% adjusted EBITDA growth at the midpoint; free cash flow midpoint is $20 million and CapEx is expected to rise to 2.7% of sales.

Rail recovery: Rail backlog and orders improved — rail backlog up $34.5 million year-over-year, trailing-12-month rail book-to-bill at 1.11:1, and friction-management orders were up 58.4% in Q4 — management expects rail to return to growth in 2026.

Infrastructure mix: Consolidated backlog ended at $189.3 million (up $3.4 million YoY) with rail gains offsetting lower infrastructure backlog (Simon cancellation and lower precast backlog).

Balance sheet & buybacks: Gross leverage for the revolving credit facility was just under 1x at year-end 2025 (target 1.0–1.5x); $28.7 million remains on the repurchase authorization. Q4 repurchases were ~121,000 shares for $3.3 million.

U.K. headwind: 2025 net income declined mainly from a prior-year federal valuation allowance release and a higher effective tax rate driven by U.K. pretax losses; management expects a substantially lower effective tax rate in 2026 with an improved U.K. outlook.

Key Financials
Operating cash flow
$35.6 million
Free cash flow (2025)
$25.2 million
Average free cash flow (last 3 years, excl. settlement)
approximately $28 million
Consolidated backlog
$189.3 million
Rail backlog change
up $34.5 million year-over-year
Rail price backlog change
up $10.6 million
Friction management backlog change
up $7.6 million
Trailing 12-month book-to-bill (consolidated)
1:1
Trailing 12-month book-to-bill (rail)
1.11:1
Trailing 12-month book-to-bill (infrastructure)
0.87:1
Precast growth (2025)
19.9% growth
Friction management sales growth (2025)
19% growth
Q4 friction management orders
up 58.4%
Operating cash taxes / effective tax rate commentary
Higher effective tax rate in 2025 due to U.K. pretax losses; expected substantially lower effective tax rate in 2026
2026 sales guidance (midpoint)
3.7% growth
2026 adjusted EBITDA guidance (midpoint)
11.3% growth
Free cash flow guidance (2026 midpoint)
$20 million
CapEx (2025)
$10.4 million (1.9% of sales)
Gross leverage (revolving credit facility)
just under 1x at end of 2025
Share repurchase availability
$28.7 million remaining
Q4 repurchases
~121,000 shares for $3.3 million
Shares repurchased since program restart (~3 years)
just over 1 million shares (~9% of shares outstanding) at an average price just under $23
Earnings Call Recording
Other Earnings Calls

Management

Mr. John F. Kasel
President, CEO & Director
No Bio Available
Mr. William M. Thalman
Executive VP & CFO
No Bio Available
Mr. Brian H. Kelly
Executive Vice President of Human Resources & Administration
No Bio Available
Mr. Patrick J. Guinee Esq.
Executive VP, General Counsel & Corporate Secretary
No Bio Available
Mr. Sean M. Reilly CPA
Corporate Controller & Principal Accounting Officer
No Bio Available
Mr. Peter David-Vaughan Jones
Senior Vice President of UK Services & Solutions
No Bio Available
Ms. Stephanie Listwak
Investor Relations Manager
No Bio Available
Jake Fuellhart
Marketing & Communications Manager
No Bio Available
Mr. Gregory W. Lippard
Senior Vice President of Rail, Technologies & Services
No Bio Available
Mr. Brian Hunter Friedman
Senior VP & Chief Growth Officer
No Bio Available

Contacts

Address
PENNSYLVANIA
Pittsburgh
415 Holiday Dr
Contacts
+14129283431.0
www.lbfoster.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett