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Foster L B Co (FSTR) stock

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NASDAQ: FSTR Nasdaq Construction Machinery & Heavy Transportation Equipment Next results ~November 4, 2026

C Fundamentals grade

Foster L B Co is a US-listed company in the construction machinery & heavy transportation equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$37

Cash-flow model

Base case. Range ~$27–$50 across our lower- and higher-growth cases (0.9%–10.9% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 1% below our base value.

Price used: $36.68, November 2, 2026

Foster L B Co valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 5 selling0 purchases and 26 sales by directors and officers, last 12 monthsInsider trades
  • Funds83 adding, 41 cuttingOf 27 active managers that changed their stake, 23 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Foster L B files

Where Foster L B Co stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $558m, up 10.1% on a year earlier, slower than the 11.7% growth a quarter earlier. Free-cash-flow margin rose to 8.4% from 4.5% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 3 of our 5 financial-health checks. Our cash-flow model value is $37.83 a share, against a share price of $36.80. At that price, our model says the market is pricing in about 5.5% a year of cash-flow growth for five years, faster than the 1.7% a year revenue growth it has delivered.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Foster L B Co's trailing-twelve-month revenue grew 10.1% year on year, with a free-cash-flow margin of 8.4%. Where it lags: change in growth rate of -1.6pp ranks 21 of 23 construction machinery & heavy transportation equipment companies we cover.

Our discounted-cash-flow model values the business at ~$37 per share in the base case (~$27–$50 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 104.5% while net income fell 68.8%: a 173pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Foster L B Co's latest figures clears our strength thresholds.

Things to watch

  • Below peers: change in growth rate. Change in growth rate of -1.6pp ranks 21 of 23 construction machinery & heavy transportation equipment companies we cover (median +4.6pp).
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 1.1% ranks 17 of 20 construction machinery & heavy transportation equipment companies we cover (median 0.6%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
$0.29 against an average estimate of $0.41: missed by 28.4%
Revenue
$139m, down 3.5% on a year earlier
Share reaction
-8.1% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
Guidance given
net sales $540,000 to $580,000 (2026 Full Year); adjusted EBITDA $41,000 to $46,000 (2026 Full Year)
Next report
November 4, 2026; average EPS estimate $0.60

Foster L B's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.3%
  • 1 week+4.1%
  • 1 month-1.6%
  • This year+36.1%
  • 1 year+33.9%
  • 5 years+126.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$558M
Operating margin
4.4%
Net margin
2.0%
EPS (TTM, diluted)
$1.05

Growth

Revenue growth
+10.1%
Change in growth rate
−1.6 pts
Share count change
−0.5%

Cash

Free cash flow (TTM)
$47.1M
FCF margin
8.4%
Stock pay % of revenue
1.1%

Earnings

Last results
August 10, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Results
  3. Guidance
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Foster L B Co valuation models and calculator

What the price is pricing in

The share price implies about 5.4% a year of cash-flow growth for five years.That is close to the 1.7% a year revenue growth Foster L B has delivered.

  • Priced in5.4%
  • Last 12 months10.1%
  • 3 years a year1.7%
  • 5 years a year1.7%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($37.38, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$37
Price used
$37.38close November 3, 2026
Implied change
▼ 1%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Foster L B Co's free cash flow after stock-based pay with after-tax interest added back ($21.4M, FY2026 Q2 TTM), growing 2.8% and 5.2% in the next two years (forecasts, guidance and its record), then back to 5.9% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$27–~$50 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Foster L B Co's free cash flow after stock-based pay ( $21.4M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Foster L B Co as an operating company, with every model that fits that kind of business. Cost of equity 9.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.07 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$37 ~$27–$50 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$20 ~$19–$37 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$5.3 ~$3.3–$8.3 Left out: out of range vs price (0.15x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$1.2 ~$1.1–$1.4 Left out: out of range vs price (0.03x)
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$31 ~$20–$37 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Foster L B Co with Construction Machinery & Heavy Transportation Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −26%
  • Revenue growth 5 points higher ▲ +33%
  • Free-cash-flow margin 1 point lower ▼ −12%
  • Last year's free-cash-flow margin change, if it persists ▲ +92%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $26$36$50$69$93$124
8.5% $19$26$36$50$67$89
10% $14$20$28$38$52$68

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$13.54$13.60$27.15$15.90$19.38$15.05$13.75$9.68$21.99$26.90$26.95$36.68
Market value$139m$140m$285m$165m$206m$161m$148m$104m$242m$297m$293m$397m
+ Net debt (− = net cash)$135m$129m$92m$65m$44m$37m$21m$89m$53m$44m$38m$42m
Enterprise value$274m$269m$377m$229m$250m$198m$169m$193m$294m$342m$332m$440m
Multiples
Price / sales 0.2x0.3x0.5x0.3x0.3x0.3x0.3x0.2x0.4x0.6x0.5x0.7x
Price / earnings ——53.1x—4.8x21.2x40.8x—165.2x6.9x38.9x34.9x
Price / free cash flow 3.4x13.0x8.6x7.4x8.9x14.1x——7.5x23.1x11.6x8.4x
EV / EBITDA ——7.8x4.3x4.9x6.8x9.2x25.5x12.1x9.9x9.7x12.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

34 /100

Weak moat

How hard Foster L B's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 2.2% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 19.6%, moving by 1.5 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 2.6%; its worst year was -32.5%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 8 of 10 years, at a median 2.8% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 1.0% over five years; stock-based pay has been a median 0.5% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, before the open. Analysts expect revenue of $152m and EPS of $0.60 (range $0.59 to $0.61) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.62 +135% $562m +4%
Next $2.02 +25% $577m +3%

Next year's EPS estimate has moved +2.3% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −6.9% on 90 days ago. In the last 30 days, 0 analysts raised Foster L B Co's forecast and 2 cut it.

Consensus EPS forecast Foster L B Co, last 90 days
$1.60 $1.80 $2.00 $2.20 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.74 Current fiscal year, 60 days ago: $1.74 Current fiscal year, 30 days ago: $1.62 Current fiscal year, 7 days ago: $1.62 Current fiscal year, Now: $1.62 $1.62 Next fiscal year, 90 days ago: $1.98 Next fiscal year, 60 days ago: $1.98 Next fiscal year, 30 days ago: $2.02 Next fiscal year, 7 days ago: $2.02 Next fiscal year, Now: $2.02 $2.02

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.74$1.98
60 days ago $1.74$1.98
30 days ago $1.62$2.02
7 days ago $1.62$2.02
Now $1.62$2.02

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.41 $0.29 −28.4%
Mar 2026 −$0.21 $0.14 +165.1%
Dec 2025 $0.67 $0.22 −66.9%
Sept 2025 $0.61 $0.40 −35.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 10, 2026
  • Net sales 2026 Full Year $540,000k to $580,000k Maintained
    “Net sales $ 540,000 $ 580,000” source
  • Adjusted EBITDA 2026 Full Year $41,000k to $46,000k Non-GAAP Maintained
    “Adjusted EBITDA 1 $ 41,000 $ 46,000” source
  • Capital spending as a percent of sales 2026 Full Year about 2.7% Maintained
    “Capital spending as a percent of sales ~2.7 % ~2.7 %” source
  • Free Cash Flow 2026 Full Year $15,000k to $25,000k Non-GAAP Maintained
    “Free Cash Flow 1 $ 15,000 $ 25,000” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Foster L B Co's revenue by +2.8% next year and +5.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+2.0%, weight 33%) , management guidance (+1.5%, weight 40%) and the company's own record (+5.9%, weight 27%) . How the weights are set.

Analyst recommendations

1 analysts, Oct 2026
Buy00%
Hold1100%
Sell00%

Monthly trend

  1. Oct 202611
  2. Sep 202611
  3. Aug 202611

Counts of recommendations published by analysts covering Foster L B Co, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
3.9%
of tradable shares
Days to cover
4.61
at average volume
Short interest, 1 month
−22%
to October 15, 2026
Held by institutions
82%
of shares
Held by insiders
8.2%
of shares
Employees
1,191
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +33.9%

$27.40 on October 31, 2025 to $36.68

ThenNowEffect
Revenue (last 12 months) $507m $558m +10.1%
Net margin 7.2% 2.0% −71.6%
P/E multiple 8.2x 34.9x +326.5%
Share count 11m 11m +0.5%

Biggest factor: p/e multiple.

Last 3 years +74.7%

$21.00 on November 3, 2023 to $36.68

ThenNowEffect
Revenue (last 12 months) $531m $558m +5.2%
P/S multiple 0.4x 0.7x +67.1%
Share count 11m 11m −0.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
FSTR−9%−30%+127%+22%+0%+36%
Industry peers (median)+16%−8%+28%+25%+11%+9%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
FSTR50%42%75%58%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
FSTR−34%−44%−19%−46%−37%−24%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 70% from February 27, 2018 to March 18, 2020. Getting back needed a 238% gain, reached on May 10, 2024, 1514 days after the low.

Price behaviour

52-week range
$26.04 – $45.17
From 52-week high
−18.8%
vs 50-day average
+0.2%
vs 200-day average
+2.2%
Volatility (1 year)
38%
Beta vs S&P 500
0.89

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±9.9%
After a week
6 up, 6 down
typical move ±13.6%
After a month
6 up, 6 down
typical move ±16.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 −8.1% −0.3% −6.8% −8.2%
May 4, 2026 +29.4% +0.4% +33.3% +34.9%
March 3, 2026 −2.4% −0.2% −11.5% −13.0%
November 3, 2025 −2.2% −1.0% +2.6% −0.3%
August 11, 2025 +4.8% +0.9% +4.6% +21.3%
March 4, 2025 −13.7% −0.1% −23.0% −20.6%
November 7, 2024 +2.4% +1.2% +12.1% +35.5%
August 6, 2024 −21.9% +0.2% −7.8% −8.1%
May 7, 2024 +10.4% +0.1% +18.4% +7.0%
March 5, 2024 −7.0% −0.5% −8.0% +9.9%
November 7, 2023 −6.6% +0.4% −6.1% −7.9%
August 8, 2023 +10.2% −1.1% +29.1% +26.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Foster L B Co in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Foster L B Co
$500M $520M $540M $560M $580M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $546M Revenue (TTM), FY23 Q4: $543.7M Revenue (TTM), FY24 Q1: $552.6M Revenue (TTM), FY24 Q2: $545.3M Revenue (TTM), FY24 Q3: $537.5M Revenue (TTM), FY24 Q4: $530.8M Revenue (TTM), FY25 Q1: $504.2M Revenue (TTM), FY25 Q2: $507M Revenue (TTM), FY25 Q3: $507.8M Revenue (TTM), FY25 Q4: $540M Revenue (TTM), FY26 Q1: $563.4M Revenue (TTM), FY26 Q2: $558.4M $558.4M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $546M
FY23 Q4 $543.7M
FY24 Q1 $552.6M
FY24 Q2 $545.3M
FY24 Q3 $537.5M
FY24 Q4 $530.8M
FY25 Q1 $504.2M
FY25 Q2 $507M
FY25 Q3 $507.8M
FY25 Q4 $540M
FY26 Q1 $563.4M
FY26 Q2 $558.4M
Revenue growth, TTM YoY Foster L B Co
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 15.4% Revenue growth, TTM YoY, FY23 Q4: 9.3% Revenue growth, TTM YoY, FY24 Q1: 7.5% Revenue growth, TTM YoY, FY24 Q2: 2.8% Revenue growth, TTM YoY, FY24 Q3: -1.6% Revenue growth, TTM YoY, FY24 Q4: -2.4% Revenue growth, TTM YoY, FY25 Q1: -8.7% Revenue growth, TTM YoY, FY25 Q2: -7.0% Revenue growth, TTM YoY, FY25 Q3: -5.5% Revenue growth, TTM YoY, FY25 Q4: 1.7% Revenue growth, TTM YoY, FY26 Q1: 11.7% Revenue growth, TTM YoY, FY26 Q2: 10.1% 10.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 15.4%
FY23 Q4 9.3%
FY24 Q1 7.5%
FY24 Q2 2.8%
FY24 Q3 -1.6%
FY24 Q4 -2.4%
FY25 Q1 -8.7%
FY25 Q2 -7.0%
FY25 Q3 -5.5%
FY25 Q4 1.7%
FY26 Q1 11.7%
FY26 Q2 10.1%
Operating margin (TTM) Foster L B Co
0% 2% 4% 6% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 0.5% Operating margin (TTM), FY23 Q4: 1.7% Operating margin (TTM), FY24 Q1: 2.6% Operating margin (TTM), FY24 Q2: 2.2% Operating margin (TTM), FY24 Q3: 3.3% Operating margin (TTM), FY24 Q4: 3.9% Operating margin (TTM), FY25 Q1: 2.6% Operating margin (TTM), FY25 Q2: 3.2% Operating margin (TTM), FY25 Q3: 3.4% Operating margin (TTM), FY25 Q4: 4.1% Operating margin (TTM), FY26 Q1: 4.6% Operating margin (TTM), FY26 Q2: 4.4% 4.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 0.5%
FY23 Q4 1.7%
FY24 Q1 2.6%
FY24 Q2 2.2%
FY24 Q3 3.3%
FY24 Q4 3.9%
FY25 Q1 2.6%
FY25 Q2 3.2%
FY25 Q3 3.4%
FY25 Q4 4.1%
FY26 Q1 4.6%
FY26 Q2 4.4%
FCF margin (TTM) Foster L B Co
0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 3.2% FCF margin (TTM), FY23 Q4: 6.0% FCF margin (TTM), FY24 Q1: 0.4% FCF margin (TTM), FY24 Q2: 1.1% FCF margin (TTM), FY24 Q3: 1.9% FCF margin (TTM), FY24 Q4: 2.4% FCF margin (TTM), FY25 Q1: 1.6% FCF margin (TTM), FY25 Q2: 4.5% FCF margin (TTM), FY25 Q3: 5.5% FCF margin (TTM), FY25 Q4: 4.7% FCF margin (TTM), FY26 Q1: 7.2% FCF margin (TTM), FY26 Q2: 8.4% 8.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 3.2%
FY23 Q4 6.0%
FY24 Q1 0.4%
FY24 Q2 1.1%
FY24 Q3 1.9%
FY24 Q4 2.4%
FY25 Q1 1.6%
FY25 Q2 4.5%
FY25 Q3 5.5%
FY25 Q4 4.7%
FY26 Q1 7.2%
FY26 Q2 8.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Foster L B took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $540M
  2. Cost of revenue $426M · 78.9%
  3. Gross profit $114M · 21.1%
  4. Research and development $3.6M · 0.7%
  5. Selling, general and admin $88.6M · 16.4%
  6. Operating income $21.9M · 4.1%
  7. Income tax $10M · 1.9%
  8. Interest and other $4.3M · 0.8%
  9. Net income $7.5M · 1.4%

Shares of revenue. Source: Foster L B's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 598 607 625 484 536 581 616 497 514 497 544 531 540 558
Gross profit 116 122 134 90 105 113 121 95 86 90 112 118 114 119
EBITDA — — −27 −120 48 54 51 29 18 8 24 35 34 36
Operating income — — −41 −134 29 39 37 16 4 −7 9 21 22 24
Net income 29 26 −44 −142 5 −31 43 8 4 −46 1 43 8 11
Diluted EPS $2.85 $2.48 −$4.33 −$13.79 $0.51 −$3.01 $4.00 $0.71 $0.34 −$4.25 $0.13 $3.89 $0.69 $1.05
Growth (year on year)
Revenue — +1.5% +2.9% −22.6% +10.9% +8.3% +6.1% −19.3% +3.3% −3.1% +9.3% −2.4% +1.7% +10.1%
EBITDA — — — — — +11.4% −5.6% −42.6% −37.2% −58.7% — +41.9% −0.7% +21.0%
Operating income — — — — — +36.1% −6.2% −57.2% −71.4% — — — +6.7% +50.8%
Net income — −12.4% −273.2% — — — — −82.2% — — — — −82.4% −68.8%
Diluted EPS — −13.0% −274.6% — — — — −82.3% — — — — −82.3% −68.6%
Margins
Gross margin 19.4% 20.0% 21.4% 18.7% 19.6% 19.5% 19.6% 19.1% 16.8% 18.0% 20.6% 22.2% 21.1% 21.4%
EBITDA margin — — −4.3% −24.9% 9.0% 9.3% 8.3% 5.9% 3.6% 1.5% 4.5% 6.5% 6.4% 6.4%
Operating margin — — −6.6% −27.7% 5.3% 6.7% 5.9% 3.1% 0.9% −1.4% 1.7% 3.9% 4.1% 4.4%
Net margin 4.9% 4.2% −7.1% −29.3% 1.0% −5.4% 6.9% 1.5% 0.7% −9.2% 0.3% 8.1% 1.4% 2.0%
Free-cash-flow margin 0.7% 8.2% 6.6% 2.2% 6.2% 3.8% 3.8% 2.3% −1.1% −3.7% 6.0% 2.4% 4.7% 8.4%
Cash flow
Cash from operations 14 67 56 18 39 26 29 21 −1 −11 37 23 36 59
Capital spending 10 17 15 8 6 4 6 9 5 8 5 10 10 12
Free cash flow 4 50 41 11 33 22 23 11 −5 −18 32 13 25 47
Stock-based pay 2 3 1 1 2 4 3 1 2 2 4 4 5 6
Free cash flow after stock pay 2 47 40 9 32 18 20 10 −7 −21 28 9 20 41
Balance sheet
Cash 65 52 33 30 38 10 14 8 10 3 3 2 4 6
Total debt 0 26 169 160 130 75 58 45 31 92 55 47 43 48
Net debt (negative = net cash) −65 −26 135 129 92 65 44 37 21 89 53 44 38 42
Diluted shares 10m 10m 10m 10m 10m 10m 11m 11m 11m 11m 11m 11m 11m 11m
Returned to shareholders
Dividends 1 1 2 1 0 — — — — — — — — —
Buybacks 1 1 3 0 0 0 1 2 1 0 3 8 17 12
Total returned 2 2 4 2 0 0 1 2 1 0 3 8 17 12

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 5 checks passed · June 30, 2026
What it owns · $334m
Short-term assets $164mLonger-term assets $170m
What it owes, and who funded it · $260m
Short-term liabilities $82mShareholders' equity $178m
  • Short-term assets cover short-term liabilities $164m of assets due within a year against $82m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $6m of cash against $48m of debt.
  • Debt below 40% of shareholders' equity Debt is 27% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 17% to 27% over five years.
  • A year's operating cash flow covers at least 20% of debt $59m of operating cash flow against $48m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Foster L B Co's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$12.4M
Buybacks, last 3 fiscal years
$27.4M
Diluted share count
−0.5%
year over year
Total shareholder yield
3.3%
dividends 0.0% + buybacks 3.3% of market value
Sales & admin spending
16.5%
of revenue

Competitors: side by side with peers

Closest by revenue in construction machinery & heavy transportation equipment
Last 12 months unless stated FSTR RAIL PLOW MLR WNC ASTE Median
Revenue, last 12 months $558m $464m $699m $771m $1.5bn $1.6bn $2.1bn
Revenue growth, last 12 months 10.1% −0.5% 20.1% −20.9% −7.3% 18.7% 10.1%
Revenue growth, 3-year average 1.7% 6.4% 4.3% −8.7% −16.4% 4.5% 4.3%
Revenue growth, latest quarter −3.5% −4.6% 10.5% 12.1% 24.8% 23.6% 17.8%
Gross margin 21.4% 12.5% 27.3% 14.7% 0.9% 25.7% 21.4%
Operating margin 4.4% 3.8% 11.3% 5.9% −10.4% 3.4% 5.9%
Operating margin, 3-year average 3.2% 4.8% 12.6% 6.2% −0.6% 3.2% 8.6%
Net margin 2.0% −2.8% 7.5% 1.9% −9.1% 1.3% 3.2%
Cash from operations / revenue 10.5% 4.6% 8.9% 17.1% −8.1% 5.2% 8.9%
Free-cash-flow margin 8.4% 3.9% 7.0% 14.6% −9.0% 2.1% 7.0%
Free-cash-flow margin, 3-year average 4.7% 7.0% 7.5% 5.9% 0.6% 1.7% 5.9%
Stock pay / revenue 1.1% 0.6% 1.4% 0.5% 0.7% 0.6% 0.6%
Change in share count −0.5% 6.4% 0.1% −0.5% −2.6% 1.2% −0.1%

Median of all 23 companies we cover in construction machinery & heavy transportation equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 construction machinery & heavy transportation equipment companies
Measure Company Peer median Rank
Revenue growth Growth 10.1% 10.1% 12 of 23
Change in growth rate Growth -1.6pp +4.6pp 21 of 23
Gross margin Profitability 21.4% 21.4% 12 of 23
Operating margin Profitability 4.4% 5.8% 13 of 21
Net margin Profitability 2.0% 3.2% 14 of 23
Free-cash-flow margin Cash generation 8.4% 7.0% 11 of 23
Stock pay as % of revenue Cash generation 1.1% 0.6% 17 of 20
Long-term debt as % of assets Balance sheet 14.3% 24.0% 5 of 18
Change in share count Balance sheet -0.5% -0.1% 8 of 21

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Rail Technologies and Services $306M 56.6% ▼ 6.5%
Infrastructure Solutions $234M 43.4% ▲ 14.9%
Products and services
Line of business Revenue Share YoY
Products $481M 89.1% ▲ 4.0%
Services $58.6M 10.9% ▼ 13.9%
Geography
Region Revenue Share YoY
United States $481M 89.2% ▲ 5.9%
United Kingdom $32.4M 6.0% ▼ 26.4%
Canada $19.4M 3.6% ▼ 12.1%
Other Geographical Locations $6.7M 1.2% ▼ 31.8%

From Foster L B Co's 10-K filed March 5, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$375M
Institutions reporting
134
Shares held vs prior quarter
▲ 3.8%
Positions opened / closed
37 / 10

Top buyers and sellers, Q2 2026: 83 institutions bought and 41 sold ; the biggest buyer was Hillsdale Investment Management Inc (+205K shares) and the biggest seller 22Nw, LP (−1.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Brandes Investment Partners, LP $64.6M 1.4M 17.2% ▼ 3.4%
GAMCO Investors, Inc. Et Al $40M 885K 10.7% ▼ 1.8%
Blackrock, Inc. $33.6M 743K 8.9% ▲ 5.7%
Dimensional Fund Advisors LP $30.6M 677K 8.1% ▼ 2.4%
Vanguard Capital Management LLC $19.1M 423K 5.1% ▲ 9.9%
Renaissance Technologies LLC $16.1M 356K 4.3% ▲ 12.6%
Acadian Asset Management LLC $12.1M 268K 3.2% ▲ 105.7%
Geode Capital Management, LLC $11.1M 246K 3.0% ▲ 7.8%
Hillsdale Investment Management Inc. $9.9M 218K 2.6% ▲ 1617.7%
American Century Companies Inc $8.9M 196K 2.4% ▲ 134.7%
State Street Corp $8.7M 192K 2.3% ▲ 25.7%
Two Sigma Investments, LP $6.5M 144K 1.7% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Foster L B Co's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $8.2M 26 trades by 5 insiders · 0% under pre-set plans
Net ▼ $8.2M net selling
Insider Date Trade Shares Price Value
22Nw Gp, Inc. 10% owner April 1, 2026 Sell 38,431 $28.05 $1.1M
22Nw Gp, Inc. 10% owner March 31, 2026 Sell 1,500 $28.02 $42,030
22Nw, Lp 10% owner March 30, 2026 Sell 1,887 $28.01 $52,855
22Nw, Lp 10% owner March 27, 2026 Sell 862 $28.02 $24,153
22Nw, Lp 10% owner March 26, 2026 Sell 8,968 $28.02 $251,283
22Nw, Lp 10% owner March 25, 2026 Sell 2,716 $28.09 $76,292
22Nw, Lp 10% owner March 24, 2026 Sell 25,889 $28.19 $729,811
22Nw, Lp 10% owner March 23, 2026 Sell 78,414 $28.51 $2.2M
22Nw Fund, Lp 10% owner March 4, 2026 Sell 5,124 $31.99 $163,917
22Nw Fund, Lp 10% owner December 12, 2025 Sell 13,512 $26.79 $361,986
22Nw Fund, Lp 10% owner December 11, 2025 Sell 34,025 $26.79 $911,530
22Nw, Lp 10% owner December 10, 2025 Sell 11,248 $26.83 $301,784

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Foster L B Co disclosed in the last 12 months; 1 earlier trade on record.

  • Thomas MacArthur(NJ):Sale (full), $1,001 - $15,000, traded November 10, 2015, filed December 6, 2015

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 2, 2026 estimated from the company's past filing pattern, not announced

  • August 10, 2026
  • May 4, 2026
  • March 3, 2026
  • November 3, 2025
  • August 11, 2025
  • March 4, 2025

Recent SEC filings

Data status

When each part of this page on Foster L B Co was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Foster L B Co in brief

What does Foster L B Co do?
Foster L B Co is a US-listed company in the construction machinery & heavy transportation equipment industry. Its financial year ends in December.
What is Foster L B Co's stock ticker?
Foster L B Co trades under the ticker FSTR on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Foster L B Co's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Foster L B Co reported revenue of $558M, 10.1% higher than a year earlier, according to its SEC filings.
What is Foster L B Co's free cash flow?
Foster L B Co's free-cash-flow margin is 8.4% of revenue over the trailing twelve months, ranking 11 of the 23 construction machinery & heavy transportation equipment companies we cover.
What is Foster L B Co's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Foster L B Co's free cash flow after stock-based pay gives ~$37 per share in the base case, and ~$27–$50 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Foster L B Co's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Brandes Investment Partners, LP, GAMCO Investors, Inc. Et Al and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Foster L B Co buying back stock, and does it pay a dividend?
Foster L B Co spent $12.4M on share repurchases over the trailing twelve months, and its diluted share count fell 0.5% over the year.
What is Foster L B Co's market cap?
On November 2, 2026, Foster L B Co's market capitalisation was about $397M, with a price-to-earnings ratio of 34.9 and net debt of $42.2M. Market figures come from third-party market data and may be delayed.
How much debt does Foster L B Co have?
Foster L B Co's debt-to-equity ratio is 26.9%, from its latest balance sheet (17.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are Foster L B Co's competitors?
In our Construction Machinery & Heavy Transportation Equipment peer group, the companies closest to Foster L B Co are Freightcar America, Inc., Douglas Dynamics, Inc, Miller Industries Inc, Wabash National Corp and Astec Industries Inc. The side-by-side comparison below sets their revenue, margins and growth against Foster L B Co's.
Are insiders buying or selling Foster L B Co stock?
Over the last 12 months, Foster L B Co's directors and officers reported 0 open-market purchases and 26 sales on Form 4. The insider trading page charts every trade.
When is Foster L B Co's next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Foster L B Co announces its own schedule.