FreightCar America, Inc. (RAIL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 04, 2026

Risk Assessment Details

Potential Dilution: 70.98% of current shares
Recent Dilution: 1.78% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
19M
Potential Supply
14M
Additional shares possible
Splits
None
Past 2 years

Summary

RAIL currently has 19.1M outstanding shares. with significant dilution risk as 13.6M authorized shares could dilute existing holders by 71.0%. The company has minimally diluted shareholders by 1.78% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 04, 2026

10-Q filing | 19.1M shares outstanding

19M 14M
Mar 09, 2026

10-K filing | 19.1M shares outstanding

19M 14M
Nov 10, 2025

10-Q filing | 19.1M shares outstanding

19M 14M
Aug 04, 2025

10-Q filing | 19.1M shares outstanding

19M 14M
Jun 13, 2025

S-3/A filing: This S-3/A filing from FreightCar America, Inc. includes a primary offering of up to $200,000,000 in the aggregate of common stock, preferred stock, debt securities, new warrants, rights or units, and a secondary offering of up to 16,995,550 shares of common stock by a selling stockholder.

19M 14M
May 05, 2025

10-Q filing | 19.0M shares outstanding

19M 14M
Mar 12, 2025

10-K filing | 19.1M shares outstanding

19M 14M
Feb 28, 2025

S-3 filing: FreightCar America, Inc. is filing an S-3 to offer up to $200,000,000 in the aggregate of common stock, preferred stock, debt securities, new warrants, rights or units. Additionally, a selling stockholder may offer up to 17,038,583 shares of common stock.

19M 14M
Nov 12, 2024

10-Q filing | 18.9M shares outstanding

19M 0
Aug 12, 2024

10-Q filing | 18.9M shares outstanding

19M 0
May 08, 2024

10-Q filing | 18.7M shares outstanding

19M 0
Mar 18, 2024

10-K filing | 18.3M shares outstanding

18M 0
Nov 06, 2023

10-Q filing | 17.9M shares outstanding

18M 0
Aug 07, 2023

10-Q filing | 17.9M shares outstanding

18M 0
May 24, 2023

8-K filing: FreightCar America, Inc. consummated an offering of Series C Preferred Stock, issuing 85,412 shares and a warrant to purchase up to 1,636,313 shares of common stock. They also entered into Amendment No. 2 to the Amended and Restated Reimbursement Agreement.

18M 0
May 09, 2023

10-Q filing | 17.7M shares outstanding

18M 0
Mar 27, 2023

10-K filing | 17.7M shares outstanding

18M 0
Nov 07, 2022

10-Q filing | 17.2M shares outstanding

17M 0
Aug 08, 2022

10-Q filing | 16.7M shares outstanding

17M 0
May 10, 2022

10-Q filing | 16.5M shares outstanding

17M 0
Mar 22, 2022

10-K filing | 16.5M shares outstanding

16M 0
Nov 15, 2021

10-Q filing | 15.9M shares outstanding

16M 0
Aug 27, 2021

S-3 filing: Freightcar America, Inc. is registering to permit the offering and sale of common stock, preferred stock, debt securities, warrants, rights and units, with an aggregate offering price not to exceed $100,000,000.

16M 0
Aug 16, 2021

10-Q filing | 15.7M shares outstanding

16M 0
May 17, 2021

10-Q filing | 15.5M shares outstanding

16M 0
Mar 24, 2021

10-K filing | 15.6M shares outstanding

16M 0
Nov 09, 2020

10-Q filing | 15.5M shares outstanding

16M 0
Oct 19, 2020

8-K filing: FreightCar America, Inc. acquired the remaining 50% equity interests of FCA-Fasemex, LLC, FCA-Fasemex, S. de R.L. de C.V., and FCA-Fasemex Enterprise, S. de R.L. de C.V. from Fasemex, Inc., Fabricaciones y Servicios de México, S.A. de C.V., and Agben de Mexico, S.A. de C.V. for $172,500 in cash and 2,257,234 shares of FreightCar America, Inc.'s common stock.

12M 0
Aug 10, 2020

10-Q filing | 12.4M shares outstanding

12M 0
May 12, 2020

10-Q filing | 12.3M shares outstanding

12M 0
Mar 04, 2020

10-K filing | 12.3M shares outstanding

12M 0
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