FOSTER L B CO
Business
L.B. Foster Company is a global technology solutions provider of engineered, manufactured products and services that builds and supports infrastructure. The company offers rail products, friction management systems, condition monitoring technology, precast concrete products, fabricated steel bridge components, and protective pipeline coatings through manufacturing, distribution, and service operations. The company operates two reportable segments: Rail, Technologies, and Services and Infrastructure Solutions, with locations across North America, South America, Europe, and Asia; the majority of sales are derived domestically, with a smaller international presence.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total net sales (Note 3) | 540 | 531 | 544 | 497 | 514 | |
| Total cost of sales | 426 | 413 | 432 | 408 | 427 | |
| Gross profit | 114 | 118 | 112 | 90 | 86 | |
| Selling and administrative expenses | 89 | 96 | 98 | 83 | 76 | |
| (Gain) on sale of former joint venture facility | 0 | −3 | 0 | — | — | |
| Amortization expense (Note 4) | 3 | 5 | 5 | 6 | 6 | |
| Operating income | 22 | 21 | 9 | −7 | 4 | |
| Interest expense - net | 5 | 5 | 6 | — | — | |
| Other (income) expense - net (Note 17) | −420,000 | 1 | 3 | −2 | −3 | |
| Income before income taxes | 17 | 14 | 944,000 | −9 | 5 | |
| Income tax expense (benefit) (Note 13) | 10 | −28 | −355,000 | 37 | 1 | |
| Net income | 7 | 43 | 1 | −46 | — | |
| Net loss attributable to noncontrolling interest | −126,000 | −103,000 | −165,000 | −113,000 | — | |
| Net income attributable to L.B. Foster Company | 8 | 43 | 1 | −46 | 4 | |
| Basic earnings per common share (Note 12) (in usd per share) | 0.73 | 4.01 | 0.14 | −4.25 | 0.34 | |
| Diluted earnings per common share (Note 12) (in usd per share) | 0.69 | 3.89 | 0.13 | −4.25 | 0.34 | |
| Basic weighted average shares outstanding (in shares) | 10 | 11 | 11 | 11 | — | |
| Diluted weighted average shares outstanding (in shares) | 11 | 11 | 11 | 11 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 4 | 2 | 3 | 3 | 10 | |
| Accounts receivable - net (Note 5) | 81 | 65 | 53 | 82 | 56 | |
| Contract assets (Note 3) | 6 | 17 | 29 | 34 | 36 | |
| Inventories - net (Note 6) | 60 | 71 | 73 | 76 | 63 | |
| Other current assets | 5 | 7 | 9 | 11 | 14 | |
| Total current assets | 157 | 162 | 167 | 206 | 179 | |
| Property, plant, and equipment - net (Note 7) | 77 | 75 | 76 | 85 | 58 | |
| Operating lease right-of-use assets - net (Note 8) | 28 | 18 | 15 | 17 | 15 | |
| Goodwill (Note 4) | 33 | 32 | 33 | 31 | 20 | |
| Other intangibles - net (Note 4) | 12 | 15 | 19 | 24 | 31 | |
| Deferred tax assets (Note 13) | 20 | 29 | 0 | 24,000 | 37 | |
| Other assets | 3 | 3 | 3 | 2 | 1 | |
| TOTAL ASSETS | 330 | 335 | 312 | 365 | 343 | |
| Accounts payable | 53 | 50 | 40 | 49 | 41 | |
| Deferred revenue (Note 3) | 6 | 10 | 12 | 19 | 13 | |
| Accrued payroll and employee benefits | 11 | 15 | 17 | 11 | 10 | |
| Current maturities of long-term debt (Note 9) | 153,000 | 167,000 | 102,000 | 127,000 | 98,000 | |
| Other accrued liabilities | 14 | 12 | 17 | 16 | 14 | |
| Total current liabilities | 84 | 88 | 95 | 103 | 86 | |
| Long-term debt (Note 9) | 43 | 47 | 55 | 92 | 31 | |
| Deferred tax liabilities (Note 13) | 903,000 | 1 | 1 | 3 | 4 | |
| Long-term operating lease liabilities (Note 8) | 24 | 15 | 12 | 14 | 12 | |
| Other long-term liabilities | 3 | 5 | 7 | 8 | 10 | |
| Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at December 31, 2025 and December 31, 2024, 11,115,779; shares outstanding at December 31, 2025 and December 31, 2024, 10,135,410 and 10,573,432, respectively (Note 10) | 111,000 | 111,000 | 111,000 | 111,000 | 111,000 | |
| Paid-in capital | 45 | 44 | 43 | 41 | 43 | |
| Retained earnings | 175 | 168 | 125 | 123 | 169 | |
| Treasury stock - at cost, common stock, shares at December 31, 2025 and December 31, 2024, 980,369 and 542,347, respectively (Note 10) | −24 | −11 | −6 | −6 | −10 | |
| Accumulated other comprehensive loss (Note 11) | −21 | −22 | −19 | −21 | −19 | |
| Total L.B. Foster Company stockholders equity | 175 | 178 | 142 | 137 | 183 | |
| Noncontrolling interest | 722,000 | 698,000 | 724,000 | 420,000 | 518,000 | |
| Total stockholders equity | 176 | 179 | 143 | 138 | 184 | |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | 330 | 335 | 312 | 365 | 343 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Deferred income taxes | 8 | −29 | −2 | 36 | 139,000 | |
| Depreciation | 9 | 9 | 10 | 9 | 8 | |
| Amortization | 3 | 5 | 5 | 6 | 6 | |
| Inventory and fixed asset impairments | 1 | 0 | — | — | — | |
| Equity (income) loss in nonconsolidated investment | −65,000 | 14,000 | −51,000 | −74,000 | −7,000 | |
| Gain on sales and disposals of property, plant, and equipment | 0 | −4 | −459,000 | — | — | |
| Stock-based compensation | 5 | 4 | 4 | 2 | 2 | |
| Accounts receivable | −15 | −12 | 27 | −25 | 2 | |
| Contract assets | 11 | 12 | 2 | −540,000 | 1 | |
| Inventories | 10 | 2 | −7 | −12 | −4 | |
| Other current assets | 2 | 924,000 | 1 | 4 | 367,000 | |
| Other noncurrent assets | 5 | −3 | −403,000 | −2 | 158,000 | |
| Accounts payable | 2 | 10 | −5 | 10 | −14 | |
| Deferred revenue | −4 | −2 | −3 | 5 | 6 | |
| Accrued payroll and employee benefits | −4 | −1 | 6 | 1 | 344,000 | |
| Accrued settlement | 0 | −8 | −8 | −8 | −8 | |
| Other current liabilities | 1 | −7 | 3 | 876,000 | −2 | |
| Other liabilities | −6 | 3 | −2 | 1 | −307,000 | |
| Net cash provided by operating activities | 36 | 23 | 37 | −11 | — | |
| Proceeds from the sale of property, plant, and equipment | 51,000 | 4 | 539,000 | 267,000 | 30,000 | |
| Capital expenditures on property, plant, and equipment | −10 | −10 | −5 | −8 | −5 | |
| Acquisitions, net of cash acquired | 0 | −416,000 | −1 | −58 | −229,000 | |
| Net cash used in investing activities | −10 | −6 | 2 | −56 | 18 | |
| Repayments of debt | −314 | −231 | −209 | −188 | −183 | |
| Proceeds from debt | 308 | 223 | 171 | 249 | 170 | |
| Debt issuance costs | −706,000 | 0 | 0 | −182,000 | −406,000 | |
| Treasury stock acquisitions | −17 | −8 | −3 | −410,000 | −732,000 | |
| Deferred payment for Skratch acquisition | −782,000 | 0 | — | — | — | |
| Net cash used in financing activities | −24 | −16 | −39 | 60 | −14 | |
| Effect of exchange rate changes on cash and cash equivalents | 187,000 | −195,000 | −468,000 | −736,000 | −47,000 | |
| Net increase (decrease) in cash and cash equivalents | 2 | −106,000 | −322,000 | −7 | 3 | |
| Net interest paid | 5 | 5 | 5 | 3 | 3 | |
| Net income taxes paid | 2 | 2 | −221,000 | −5 | 1 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is FOSTER L B CO's CIK number?
FOSTER L B CO's SEC CIK number is 0000352825 (352825). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find FOSTER L B CO's SEC filings?
All of FOSTER L B CO's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did FOSTER L B CO last report earnings?
FOSTER L B CO (FSTR) most recently filed an earnings 8-K with the SEC on May 4, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000352825-26-000026). This is FOSTER L B CO's most recent earnings filing of record — not a forecast of its next earnings date.
What is FOSTER L B CO's most recent earnings 8-K?
FOSTER L B CO's latest earnings 8-K (Item 2.02) was filed May 4, 2026 under accession 0000352825-26-000026. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View FOSTER L B CO's latest earnings 8-K →
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