Overview
Compare with Olympic Steel, Ryerson, Inc. or Greenwave Technology Solutions, Inc., or pick any stock.
- TickerFSTR on Nasdaq1
- IndustryWholesale-Metals Service Centers & of fices1
- HeadquartersPittsburgh, Pennsylvania1
- Incorporated inPA2
- Business address415 Holiday Dr, Pittsburgh, Pa 152202
- Filer categoryAccelerated filer, Smaller reporting company2
See how the biggest companies compare on our leaderboards
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.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Product brought in 89% of the revenue FOSTER L B CO broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Product | $462.7M | $481.4M |
| Service | $68.1M | $58.6M |
Business segments
Rail Technologies And Services brought in 57% of the revenue FOSTER L B CO broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Rail Technologies And Services | $326.9M | $305.7M |
| Infrastructure Solutions | $203.9M | $234.3M |
Regions
United States brought in 89% of the revenue FOSTER L B CO broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $454.7M | $481.4M |
| United Kingdoms | $44.1M | $32.4M |
| CA [member] | $22.1M | $19.4M |
| Other Geographical Locations | $9.9M | $6.7M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue79¢$426.3M
- Research and development1¢$3.6M
- Selling, general and admin16¢$88.6M
- Other costs1¢$4.0M
- Income tax2¢$10.0M
- Profit1¢$7.5M
Out of $540.0M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending29¢$10.4M
- Share buybacks46¢$16.5M
- Kept or used elsewhere24¢$8.7M
Out of $35.6M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total net sales (Note 3) | $540.0M | $530.8M |
| Total cost of sales | $426.3M | $412.7M |
| Gross profit | $113.8M | $118.1M |
| Selling and administrative expenses | $88.6M | $96.4M |
| (Gain) on sale of former joint venture facility | $0 | -$3.5M |
| Amortization expense (Note 4) | $3.3M | $4.6M |
| Operating income | $21.9M | $20.5M |
| Interest expense - net | $4.9M | $5.0M |
| Other (income) expense - net (Note 17) | -$420.0K | $1.1M |
| Income before income taxes | $17.4M | $14.4M |
| Income tax expense (benefit) (Note 13) | $10.0M | -$28.4M |
| Net income | $7.4M | $42.8M |
| Net loss attributable to noncontrolling interest | -$126.0K | -$103.0K |
| Net income attributable to L.B. Foster Company | $7.5M | $42.9M |
| Basic earnings per common share (Note 12) (in usd per share) | $0.73 | $4.01 |
| Diluted earnings per common share (Note 12) (in usd per share) | $0.69 | $3.89 |
| Basic weighted average shares outstanding (in shares) | 10.4M shares | 10.7M shares |
| Diluted weighted average shares outstanding (in shares) | 10.9M shares | 11.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $4.3M | $2.5M | |
| Accounts receivable - net (Note 5) | $80.6M | $65.0M | |
| Contract assets (Note 3) | $6.4M | $16.7M | |
| Inventories - net (Note 6) | $60.2M | $70.5M | |
| Other current assets | $5.4M | $6.9M | |
| Total current assets | $156.9M | $161.6M | |
| Property, plant, and equipment - net (Note 7) | $77.2M | $75.4M | |
| Operating lease right-of-use assets - net (Note 8) | $28.3M | $18.5M | |
| Goodwill (Note 4) | $33.1M | $31.9M | |
| Other intangibles - net (Note 4) | $11.5M | $14.8M | |
| Deferred tax assets (Note 13) | $20.4M | $28.9M | |
| Other assets | $3.1M | $3.5M | |
| TOTAL ASSETS | $330.4M | $334.6M | |
| Accounts payable | $52.5M | $50.1M | |
| Deferred revenue (Note 3) | $5.9M | $10.2M | |
| Accrued payroll and employee benefits | $11.3M | $15.4M | |
| Current maturities of long-term debt (Note 9) | $153.0K | $167.0K | |
| Other accrued liabilities | $14.0M | $12.4M | |
| Total current liabilities | $83.9M | $88.3M | |
| Long-term debt (Note 9) | $42.6M | $46.8M | |
| Deferred tax liabilities (Note 13) | $903.0K | $1.1M | |
| Long-term operating lease liabilities (Note 8) | $24.3M | $14.7M | |
| Other long-term liabilities | $2.7M | $4.6M | |
| 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) | $111.0K | $111.0K | |
| Paid-in capital | $44.8M | $43.5M | |
| Retained earnings | $175.1M | $167.6M | |
| Treasury stock - at cost, common stock, shares at December 31, 2025 and December 31, 2024, 980,369 and 542,347, respectively (Note 10) | -$23.9M | -$11.2M | |
| Accumulated other comprehensive loss (Note 11) | -$20.9M | -$21.7M | |
| Total L.B. Foster Company stockholders equity | $175.3M | $178.3M | |
| Noncontrolling interest | $722.0K | $698.0K | |
| Total stockholders equity | $176.0M | $179.0M | $142.8M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $330.4M | $334.6M | |
| Common stock, par value (usd per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 20.0M shares | 20.0M shares | |
| Common stock, shares issued (in shares) | 11.1M shares | 11.1M shares | |
| Common stock, shares outstanding (in shares) | 10.1M shares | 10.6M shares | |
| Treasury stock shares - at cost, common stock (in shares) | 980.4K shares | 542.3K shares | 381.8K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $4.3M | $2.5M | |
| Accounts receivable - net (Note 5) | $80.6M | $65.0M | |
| Contract assets (Note 3) | $6.4M | $16.7M | |
| Inventories - net (Note 6) | $60.2M | $70.5M | |
| Other current assets | $5.4M | $6.9M | |
| Total current assets | $156.9M | $161.6M | |
| Property, plant, and equipment - net (Note 7) | $77.2M | $75.4M | |
| Operating lease right-of-use assets - net (Note 8) | $28.3M | $18.5M | |
| Goodwill (Note 4) | $33.1M | $31.9M | |
| Other intangibles - net (Note 4) | $11.5M | $14.8M | |
| Deferred tax assets (Note 13) | $20.4M | $28.9M | |
| Other assets | $3.1M | $3.5M | |
| TOTAL ASSETS | $330.4M | $334.6M | |
| Accounts payable | $52.5M | $50.1M | |
| Deferred revenue (Note 3) | $5.9M | $10.2M | |
| Accrued payroll and employee benefits | $11.3M | $15.4M | |
| Current maturities of long-term debt (Note 9) | $153.0K | $167.0K | |
| Other accrued liabilities | $14.0M | $12.4M | |
| Total current liabilities | $83.9M | $88.3M | |
| Long-term debt (Note 9) | $42.6M | $46.8M | |
| Deferred tax liabilities (Note 13) | $903.0K | $1.1M | |
| Long-term operating lease liabilities (Note 8) | $24.3M | $14.7M | |
| Other long-term liabilities | $2.7M | $4.6M | |
| 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) | $111.0K | $111.0K | |
| Paid-in capital | $44.8M | $43.5M | |
| Retained earnings | $175.1M | $167.6M | |
| Treasury stock - at cost, common stock, shares at December 31, 2025 and December 31, 2024, 980,369 and 542,347, respectively (Note 10) | -$23.9M | -$11.2M | |
| Accumulated other comprehensive loss (Note 11) | -$20.9M | -$21.7M | |
| Total L.B. Foster Company stockholders equity | $175.3M | $178.3M | |
| Noncontrolling interest | $722.0K | $698.0K | |
| Total stockholders equity | $176.0M | $179.0M | $142.8M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $330.4M | $334.6M | |
| Common stock, par value (usd per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 20.0M shares | 20.0M shares | |
| Common stock, shares issued (in shares) | 11.1M shares | 11.1M shares | |
| Common stock, shares outstanding (in shares) | 10.1M shares | 10.6M shares | |
| Treasury stock shares - at cost, common stock (in shares) | 980.4K shares | 542.3K shares | 381.8K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $7.4M | $42.8M |
| Deferred income taxes | $8.4M | -$29.1M |
| Depreciation | $9.1M | $9.5M |
| Amortization | $3.3M | $4.6M |
| Inventory and fixed asset impairments | $1.4M | $0 |
| Equity (income) loss in nonconsolidated investment | -$65.0K | $14.0K |
| Gain on sales and disposals of property, plant, and equipment | $0 | -$4.4M |
| Stock-based compensation | $5.1M | $3.8M |
| Accounts receivable | -$14.8M | -$12.3M |
| Contract assets | $11.1M | $12.4M |
| Inventories | $9.6M | $2.4M |
| Other current assets | $1.8M | $924.0K |
| Other noncurrent assets | $4.7M | -$3.4M |
| Accounts payable | $2.0M | $10.4M |
| Deferred revenue | -$4.5M | -$2.2M |
| Accrued payroll and employee benefits | -$4.2M | -$1.5M |
| Accrued settlement | $0 | -$8.0M |
| Other current liabilities | $1.0M | -$6.7M |
| Other liabilities | -$5.8M | $3.4M |
| Net cash provided by operating activities | $35.6M | $22.6M |
| Proceeds from the sale of property, plant, and equipment | $51.0K | $3.9M |
| Capital expenditures on property, plant, and equipment | -$10.4M | -$9.8M |
| Acquisitions, net of cash acquired | $0 | -$416.0K |
| Net cash used in investing activities | -$10.4M | -$6.3M |
| Repayments of debt | -$313.5M | -$230.6M |
| Proceeds from debt | $308.0M | $222.6M |
| Debt issuance costs | -$706.0K | $0 |
| Treasury stock acquisitions | -$16.5M | -$8.2M |
| Deferred payment for Skratch acquisition | -$782.0K | $0 |
| Net cash used in financing activities | -$23.5M | -$16.2M |
| Effect of exchange rate changes on cash and cash equivalents | $187.0K | -$195.0K |
| Net increase (decrease) in cash and cash equivalents | $1.9M | -$106.0K |
| Net interest paid | $4.9M | $4.7M |
| Net income taxes paid | $1.6M | $1.6M |
No quarter-by-quarter statement was filed.
Corporate structure
FOSTER L B CO sits at the top of its group. 15 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FOSTER L B CO
- BRANDES INVESTMENT PARTNERS, LP Filed SCHEDULE 13G/A on FOSTER L B CO, latest May 14, 2026 (5 filings since Feb 13, 2023)
- 22NW Fund, LP Filed SCHEDULE 13D/A on FOSTER L B CO, latest Apr 21, 2026 (8 filings since Feb 1, 2022)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on FOSTER L B CO, latest Jan 30, 2025 (4 filings since Feb 10, 2022)
- BlackRock Filed SC 13G on FOSTER L B CO, latest Nov 8, 2024 (2 filings since Oct 24, 2024)
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on FOSTER L B CO, latest Feb 9, 2024 (3 filings since Feb 8, 2022)
- GAMCO Investors Filed SC 13D/A on FOSTER L B CO, latest Aug 9, 2023 (5 filings since Nov 18, 2021)
- RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on FOSTER L B CO, latest Feb 10, 2022
- FOSTER L B CO Pittsburgh, Pennsylvania
- CXT Incorporated Subsidiary · Delaware, United States
- IOS Holdings, LLC Subsidiary · Delaware, United States
- L.B. Foster GmbH Subsidiary · Germany
- L.B. Foster India Holdings Company Subsidiary · Delaware, United States
- L.B. Foster International Holdings Company Subsidiary · Delaware, United States
- L.B. Foster Latin America Holdings Company Subsidiary · Delaware, United States
- L.B. Foster Produtos Ferroviários do Brasil Ltda. Subsidiary · Brazil
- L.B. Foster Rail Technologies (UK) Limited Subsidiary · United Kingdom
- L.B. Foster Rail Technologies, Corp. Subsidiary · British Columbia, Canada
- L.B. Foster Technologies (Beijing), Ltd. Subsidiary · China
- Salient Systems, Inc. Subsidiary · Ohio, United States
- Skratch Enterprises Ltd. Subsidiary · United Kingdom
- TEW Engineering Limited Subsidiary · United Kingdom
- TEW Plus Limited Subsidiary · United Kingdom
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FOSTER L B CO reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $551.0K5 Dec 31, 2025 | $473.0K5 Dec 31, 2024 | +16.5% |
| Operating-lease assets (leased space) | $28.3M5 Dec 31, 2025 | $18.5M5 Dec 31, 2024 | +53.2% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $33.1M5 Dec 31, 2025 | $31.9M5 Dec 31, 2024 | +3.6% |
| Finite-lived intangibles, gross | $70.3M5 Dec 31, 2025 | $69.2M5 Dec 31, 2024 | +1.5% |
| Accumulated amortization | $58.8M5 Dec 31, 2025 | $54.4M5 Dec 31, 2024 | +8.0% |
| Finite-lived intangibles, net | $11.5M5 Dec 31, 2025 | $14.8M5 Dec 31, 2024 | −22.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $60.2M5 Dec 31, 2025 | $70.5M5 Dec 31, 2024 | −14.6% |
| Raw materials | $25.5M5 Dec 31, 2025 | $26.6M5 Dec 31, 2024 | −3.9% |
| Work in process | $4.9M5 Dec 31, 2025 | $6.7M5 Dec 31, 2024 | −26.4% |
| Finished goods | $29.8M5 Dec 31, 2025 | $37.2M5 Dec 31, 2024 | −20.1% |
Properties, in its own words
Our corporate headquarters is located at 415 Holiday Drive, Suite 100, Pittsburgh, PA 15220. The location and general description of the material principal properties that are owned or leased by the Company, together with the segment of the Company’s business using such properties, are set forth in the following table:
Location · Function · Acres · Business Segment · Lease Expiration
The rest of Item 2
Bedford, PA · Bridge component fabricating plant · 6 · Infrastructure · Owned
Birmingham, AL · Protective coatings facility · 32 · Infrastructure · 2027
Burnaby, BC, Canada · Friction management products plant · N/A · Rail · 2029
Columbia City, IN · Rail processing facility and yard storage · 22 · Rail · Owned
Dublin, OH · Rail safety device manufacturing facility · 1 · Rail · 2026
Hillsboro, TX · Precast concrete facility · 9 · Infrastructure · Owned
Lake County, FL · Precast concrete facility · 18 · Infrastructure · 2029
Lebanon, TN · Precast concrete facility · 10 · Infrastructure · 2028
Loudon, TN · Precast concrete facility · 51 · Infrastructure · Owned
Magnolia, TX · Threading facility · 34 · Infrastructure · Owned
Nampa, ID · Precast concrete facility · 20 · Infrastructure · 2039
Niles, OH · Rail fabrication, friction management products, and yard storage · 35 · Rail · Owned
Nottingham, United Kingdom · Technology solutions manufacturing · 4 · Rail · Owned
Nottingham, United Kingdom · Technology solutions manufacturing · N/A · Rail · 2030
Pueblo, CO · Rail joint manufacturing facility · 9 · Rail · Owned
Sheffield, United Kingdom · Track component and friction management products facility · N/A · Rail · 2030
Suwanee, GA · Transit fastener assembly · 1 · Rail · 2031
Waverly, WV · Precast concrete facility · 85 · Infrastructure · Owned
Willis, TX · Protective coatings facility · 16 · Infrastructure · Owned
Included in the table above are certain facilities leased by the Company for which there is no acreage included in the lease. For these properties a “N/A” has been included in the “Acres” column.
The properties listed above include our material warehouses, plants, and yards. We also have a network of sales offices, including our corporate headquarters in Pittsburgh, PA that we own or lease throughout the United States, Canada, Europe, China, and Brazil. The Company’s facilities are in good condition and suitable for the Company’s business as currently conducted and as currently planned to be conducted.
Item 2 of the 10-K filed Mar 5, 2026.4
Leadership
Who has led FOSTER L B CO, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerBrian H. Kelly Feb 19, 2025 to now14
- Chief executive officerRobert P. Bauer Feb 2, 2012 to Mar 2, 202115
- Chief executive officerStan L. Hasselbusch May 9, 2006 to Aug 11, 201116
- ChairLee B. Foster Ii. May 12, 2006 to Feb 7, 200817
- PresidentJohn F. Kasel Jul 23, 2021 to now18
- PresidentRobert P. Bauer Feb 2, 2012 to Mar 2, 202115
- PresidentStan L. Hasselbusch May 9, 2006 to Aug 11, 201116
- Chief financial officerSean M. Reilly Jun 3, 2026 to now19
- Chief financial officerWilliam M. Thalman Mar 2, 2021 to Jun 3, 202620
- Chief financial officerJames P. Maloney Sep 19, 2017 to Feb 25, 202021
- Chief financial officerDavid J. Russo May 9, 2006 to Mar 15, 201722
- Chief operating officerWilliam M. Thalman Jun 3, 2026 to now23
- Chief operating officerJohn F. Kasel Feb 18, 2020 to Mar 2, 202124
Board members and other officers (47)
- Controller and PAOTimothy Joseph Curran Jun 3, 2026 to now25
- Senior Vice President - RailJason Kyle Bowlin Aug 4, 2026 to now26
- SVP, Human ResourcesJamie F. O'Neill Jan 8, 2025 to now27
- SVP, Operational AdminSara Fay Rolli Jan 8, 2025 to now28
- ControllerSean M. Reilly Jan 12, 2022 to now29
- VP, Steel Prods. & MeasurementBrian Hunter Friedman Oct 22, 2021 to now30
- VP, Precast Concrete ProductsRobert Ness Oct 22, 2021 to now31
- Controller & PAOJames M. Kempton Feb 21, 2020 to Mar 2, 202132
- Controller & CAOTodd James May 1, 2018 to May 1, 201933
- VP - Tubular & Energy ServicesWilliam Treacy Oct 2, 2017 to Jul 2, 202434
- Senior Vice PresidentAlexandre Kosmala Aug 16, 2016 to Feb 24, 201735
- Controller & CAOChristopher Thomas Scanlon Aug 2, 2012 to Mar 15, 201836
- V.P.-Friction ManagementKonstantinos Papazoglou Mar 4, 2011 to Jan 4, 201737
- Vice PresidentKevin R. Haugh Feb 13, 2008 to Mar 6, 201338
- V.P. - Human ResourcesBrian H. Kelly Mar 10, 2008 to May 24, 202439
- Vice President-Business DevDavid R. Sauder Nov 3, 2008 to Mar 9, 201640
- VP-CXT Inc. (subsidiary)M. Scott Linn Jun 27, 2007 to Jun 27, 200741
- V.P. - Tubular ProductsMerry L. Brumbaugh Feb 1, 2006 to Jan 4, 201742
- Sr. V.P. Mfg. OperationsJohn F. Kasel Apr 20, 2006 to Feb 25, 201943
- Sr. V.P.Donald L. Foster May 3, 2006 to Mar 19, 201444
- Sr. V.P. Concrete ProductsAlec C. Bloem May 4, 2006 to May 4, 200645
- Sr. V.P. Rail Product ManagemeSamuel K. Fisher May 4, 2006 to Jan 4, 201746
- V.P. - Rail Products SalesGregory W. Lippard May 12, 2006 to now47
- ControllerLinda K. Patterson May 12, 2006 to Mar 8, 201248
- V.P. Human ResourcesRobert J. Howard May 26, 2006 to Jun 1, 200649
- Board memberJohn E. Kunz Jun 3, 2022 to now50
- Board memberJohn F. Kasel Jul 23, 2021 to now18
- Board memberRaymond T. Betler Aug 5, 2020 to now51
- Board memberBradley Vizi Feb 17, 2016 to May 31, 202252
- Board memberChristopher S. Kiper Sep 16, 2016 to Jun 30, 201753
- Board memberRaymond T. White Sep 16, 2016 to Jun 30, 201753
- Board memberDirk Junge May 29, 2015 to May 30, 202354
- Board memberRobert S. Purgason Dec 3, 2014 to Jan 4, 202355
- Board memberRobert P. Bauer Feb 2, 2012 to Mar 2, 202115
- Board memberLee B. Foster Ii. May 29, 2008 to Jun 1, 202156
- Board memberPeter McIlroy Ii. May 29, 2008 to May 27, 201457
- Board memberSuzanne B. Rowland May 29, 2008 to Jun 3, 202258
- Board memberJohn W. Puth May 3, 2006 to Feb 28, 200859
- Board memberStan L. Hasselbusch May 9, 2006 to Aug 11, 201116
- Board memberDiane B. Owen May 24, 2006 to now60
- Board memberG. Thomas McKane May 24, 2006 to Nov 13, 201561
- Board memberHenry J. Massman Iv. May 24, 2006 to Mar 18, 200862
- Board memberWilliam H. Rackoff May 24, 2006 to Jun 3, 202263
- General counselBrian H. Kelly Feb 19, 2021 to Feb 19, 202164
- General counselPatrick J. Guinee Feb 26, 2014 to now65
- General counselJoseph S. Cancilla Aug 30, 2011 to Aug 30, 201366
- General counselDavid L. Voltz May 19, 2006 to May 10, 201167
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- CXT Incorporated Delaware3
- IOS Holdings, LLC Delaware3
- L.B. Foster GmbH Germany3
- L.B. Foster India Holdings Company Delaware3
- L.B. Foster International Holdings Company Delaware3
- L.B. Foster Latin America Holdings Company Delaware3
- L.B. Foster Produtos Ferroviários do Brasil Ltda. Brazil3
- L.B. Foster Rail Technologies (UK) Limited United Kingdom3
- L.B. Foster Rail Technologies, Corp. British Columbia, Canada3
- L.B. Foster Rail Technologies, Inc. West Virginia3
- L.B. Foster Technologies (Beijing), Ltd. China3
- Salient Systems, Inc. Ohio3
- Skratch Enterprises Ltd. United Kingdom3
- TEW Engineering Limited United Kingdom3
- TEW Plus Limited United Kingdom3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 10, 20268-K Results of operations68
- Jul 30, 20268-K Executive or director change; Regulation FD disclosure69
- May 22, 20268-K Shareholder vote70
- May 21, 20268-K Executive or director change71
- May 4, 20268-K Results of operations72
- Mar 3, 20268-K Results of operations73
- Dec 15, 20258-K Executive or director change74
- Dec 5, 20258-K Executive or director change75
- Nov 3, 20258-K Results of operations76
- Sep 5, 20258-K Executive or director change77
- Aug 11, 20258-K Results of operations78
- Jun 30, 20258-K Entered a material agreement; New debt or obligation; Regulation FD disclosure79
- Feb 19, 2025New chief executive Brian H. Kelly becomes CEO14
- Feb 2, 2012New chief executive Robert P. Bauer becomes CEO15
- May 9, 2006New chief executive Stan L. Hasselbusch becomes CEO16
Calendar
Coming up
- Nov 2, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.40 a share, on Nov 3, 2025.80
When it reported results
- Aug 10, 2026Reported quarterly or annual results68
- May 4, 2026Reported quarterly or annual results72
- Mar 3, 2026Reported quarterly or annual results73
- Nov 3, 2025Reported quarterly or annual results76
- Aug 11, 2025Reported quarterly or annual results78
- Mar 4, 2025Reported quarterly or annual results81
- Nov 7, 2024Reported quarterly or annual results82
- Aug 6, 2024Reported quarterly or annual results83
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
455 filings to the SEC since October 2021: 6 annual reports, 17 quarterly reports, 47 major events, 304 insider forms, 28 large holders, 53 other. The latest 20:
- Oct 1, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 10, 20268-K EDGAR
- Aug 4, 20264 EDGAR
- Aug 4, 20263 EDGAR
- Jul 30, 20268-K EDGAR
- Jul 2, 20264 EDGAR
- Jun 16, 202611-K EDGAR
- Jun 3, 20264 EDGAR
- Jun 3, 20263 EDGAR
- Jun 3, 20264 EDGAR
- Jun 3, 20264 EDGAR
- May 28, 2026SD EDGAR
- May 27, 20264 EDGAR
- May 27, 20264 EDGAR
- May 27, 20264 EDGAR
- May 27, 20264 EDGAR
- May 27, 20264 EDGAR
- May 27, 20264 EDGAR
The 455 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
37 open-market trades by officers, directors and large owners since October 2021: 12 buys and 25 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 1, 2026 | 22NW GP, Inc.10% owner | Sale | 38,431 | $28.05 | $1.1M | Form 4 |
| Mar 31, 2026 | 22NW GP, Inc.10% owner | Sale | 1,500 | $28.02 | $42.0K | Form 4 |
| Mar 30, 2026 | 22NW, LP10% owner | Sale | 1,887 | $28.01 | $52.9K | Form 4 |
| Mar 27, 2026 | 22NW, LP10% owner | Sale | 862 | $28.02 | $24.2K | Form 4 |
| Mar 26, 2026 | 22NW, LP10% owner | Sale | 8,968 | $28.02 | $251.3K | Form 4 |
| Mar 25, 2026 | 22NW, LP10% owner | Sale | 2,716 | $28.09 | $76.3K | Form 4 |
| Mar 24, 2026 | 22NW, LP10% owner | Sale | 25,889 | $28.19 | $729.8K | Form 4 |
| Mar 23, 2026 | 22NW, LP10% owner | Sale | 78,414 | $28.51 | $2.2M | Form 4 |
| Mar 4, 2026 | 22NW Fund, LP10% owner | Sale | 5,124 | $31.99 | $163.9K | Form 4 |
| Dec 12, 2025 | 22NW Fund, LP10% owner | Sale | 13,512 | $26.79 | $362.0K | Form 4 |
| Dec 11, 2025 | 22NW Fund, LP10% owner | Sale | 34,025 | $26.79 | $911.5K | Form 4 |
| Dec 10, 2025 | 22NW, LP10% owner | Sale | 11,248 | $26.83 | $301.8K | Form 4 |
| Dec 9, 2025 | 22NW, LP10% owner | Sale | 4,800 | $26.93 | $129.3K | Form 4 |
| Dec 8, 2025 | 22NW, LP10% owner | Sale | 9,765 | $27.28 | $266.4K | Form 4 |
| Dec 1, 2025 | English Aron R.10% owner | Sale | 101 | $26.82 | $2.7K | Form 4 |
| Nov 28, 2025 | English Aron R.10% owner | Sale | 1,307 | $27.09 | $35.4K | Form 4 |
| Nov 25, 2025 | 22NW, LP10% owner | Sale | 1,725 | $26.94 | $46.5K | Form 4 |
| Nov 24, 2025 | 22NW, LP10% owner | Sale | 27,003 | $26.84 | $724.8K | Form 4 |
| Nov 21, 2025 | 22NW, LP10% owner | Sale | 3,412 | $27.03 | $92.2K | Form 4 |
| Nov 17, 2025 | 22NW GP, Inc.10% owner | Sale | 400 | $27.00 | $10.8K | Form 4 |
All 37 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BRANDES INVESTMENT PARTNERS, LPSCHEDULE 13G/A, 5 filings Feb 13, 2023 to May 14, 202684
- 22NW Fund, LPSCHEDULE 13D/A, 8 filings Feb 1, 2022 to Apr 21, 202685
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Jan 30, 202586
- BlackRockSC 13G, 2 filings Oct 24, 2024 to Nov 8, 202487
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 3 filings Feb 8, 2022 to Feb 9, 202488
- GAMCO InvestorsSC 13D/A, 5 filings Nov 18, 2021 to Aug 9, 202389
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 10, 202290
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | John F. KaselPresident and CEO | $790.4K | $2.9M91 | |
| 2025 | Brian H. KellyFormer EVP and Senior Advisor to the CEO | $390.6K | $1.5M91 | |
| 2025 | William M. ThalmanEVP and Chief Financial Officer | $436.6K | $1.1M91 | |
| 2025 | Patrick J. GuineeEVP, General Counsel and Corporate Secretary | $409.0K | $1.0M91 | |
| 2025 | Gregory W. LippardSVP, Rail | $363.4K | $785.1K91 | |
| 2024 | John F. KaselPresident and CEO | $731.2K | $3.1M91 | |
| 2024 | William M. ThalmanEVP and Chief Financial Officer | $408.1K | $1.2M91 | |
| 2024 | Patrick J. GuineeEVP, General Counsel and Corporate Secretary | $392.6K | $1.1M91 | |
| 2024 | Brian H. KellyFormer EVP and Senior Advisor to the CEO | $378.1K | $1.1M91 | |
| 2024 | Gregory W. LippardSVP, Rail | $348.9K | $1.0M91 | |
| 2023 | John F. KaselPresident and CEO | $658.8K | $2.9M91 | |
| 2023 | William M. ThalmanEVP and Chief Financial Officer | $380.8K | $1.2M91 | |
| 2023 | Patrick J. GuineeEVP, General Counsel and Corporate Secretary | $372.2K | $1.0M91 | |
| 2023 | Brian H. KellyFormer EVP and Senior Advisor to the CEO | $358.0K | $1.0M91 | |
| 2023 | Gregory W. LippardSVP, Rail | $332.2K | $843.7K91 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How FOSTER L B CO is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFOSTER L B CO1
- CIK0000352825
- Employer ID (EIN)25-13247334
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inPennsylvania4
- Fiscal year endsDecember 311
- Industry code (SIC)5051 Wholesale-Metals Service Centers & of fices1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address415 Holiday Dr, Pittsburgh, PA 152201
- Phone41292834311
- Shares outstanding10,519,763 as of Aug 3, 202613
- Public float$213.9M as of Jun 30, 20254
- AuditorErnst & Young LLP, Pittsburgh, Pennsylvania PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceFeb 10, 19951
- Filings1,845 in all: 4 (986), 8-K (224), 10-Q (95), SC 13G/A (83), 4/A (73), 11-K (49), 3 (44), DEF 14A (32)1
All 37 form types
10-K (31), SC 13D/A (31), SC 13G (28), SC TO-T/A (20), ARS (18), DEFA14A (15), S-8 (14), UPLOAD (14), 8-K/A (13), CORRESP (13), SD (13), 144 (7), SC 13D (6), S-8 POS (4), SCHEDULE 13D/A (4), SCHEDULE 13G/A (4), 10-K/A (3), 10-Q/A (3), 3/A (3), 11-K/A (2), 15-12G (2), 5 (2), 8-A12G (2), SC TO-C (2), 15-15D (1), 424B3 (1), 8-A12G/A (1), PRE 14A (1), SC TO-T (1)
- Latest filingsAnnual report (10-K) Mar 5, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Apr 10, 2026
Latest 8-K (8-K) Aug 10, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, Par Value $0.01 | FSTR | Nasdaq Global Select Market |
From the cover page of the 10-K filed Mar 5, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks FOSTER L B CO names in Item 1A of its 10-K filed Mar 5, 2026: 25 risks under these headings, as written.4
- Risks and Uncertainties
- Business and Operational Risks
- Our inability to successfully manage acquisitions, divestitures, and other significant transactions or to otherwise execute our strategic plan could harm our financial results, business, and prospects.
- Prolonged negative economic conditions, volatile energy prices, tariffs or trade wars, and other unfavorable changes in US, global, or regional economic and market conditions could adversely affect our business.
- Our ability to maintain or improve our profitability could be adversely impacted by cost pressures.
- Our success is in part dependent on the accuracy and proper utilization of our management information and communications systems.
- We are subject to cybersecurity risks and may incur increasing costs in an effort to minimize those risks.
- Certain divisions of our business depend on a small number of suppliers. The loss of any such supplier could have a material and adverse effect on our business, financial condition, and result of operations.
- Fluctuations in the price, quality, and availability of the primary raw materials used in our business could have a material and adverse effect on our operations and profitability.
- Labor disputes may have a material and adverse effect on our operations and profitability.
- Actions of activist shareholders could be disruptive and potentially costly and the possibility that activist shareholders may seek changes that conflict with our strategic direction could cause uncertainty about the strategic direction of our business.
- Our success is highly dependent on the continued service and availability of qualified personnel.
The other 15 risks
- We may not foresee or be able to control certain events that could adversely affect our business or the stability of our supply chain.
- Competitive Risks
- Our business operates in highly competitive markets and a failure to react to changing market conditions could adversely impact our business.
- If we are unable to protect our intellectual property and prevent its improper use by third parties, our ability to compete may be harmed.
- We are dependent upon key customers.
- Financial Risks
- Our future performance and market value could cause write-downs of long-lived and intangible assets in future periods.
- Our indebtedness could materially and adversely affect our business, financial condition, and results of operations and prevent us from fulfilling our obligations.
- Failure to maintain effective internal controls over financial reporting could have a material adverse effect on the Company’s financial condition and the trading price of its common stock.
- Legal, Tax, and Regulatory Risks
- An adverse outcome in any pending or future litigation, potential required environmental investigation, delineation, or remedial activities including but not limited to the Portland Superfund matter or any related litigation, or pending or future warranty claims against the Company or its subsidiaries or our determination that a customer has a substantial product warranty claim could negatively impact our financial results and/or our financial condition.
- Violations of the US Foreign Corrupt Practices Act and similar worldwide anti-corruption laws and other foreign governmental regulations, could result in fines, penalties, and criminal sanctions against the Company, its officers, or both and could have a material and adverse effect on our business.
- Our ability to use our net operating loss carryforwards and certain other tax attributes may be limited.
- Changes in our tax rates or exposure to additional income tax liability could impact our profitability and management projections, estimates, and judgments, particularly with respect to reserves for litigation, deferred tax assets, and the fair market value of certain assets and liabilities, may be inaccurate and not be indicative of our future performance.
- Shifting federal, state, local, and foreign regulatory policies impose risks to our operations.
- Legislative or regulatory initiatives related to climate policy change could have a material adverse effect on our business.
- Compliance with environmental laws and regulations could incur significant costs.
- International Risks
- A portion of our sales are derived from our international operations, which expose us to certain risks inherent in doing business on an international level.
Legal proceedings
Information regarding the Company’s legal proceedings and other commitments and contingencies is set forth in Part II, Item 8, Financial Statements and Supplementary Data, Note 16 to the Consolidated Financial Statements, contained in this Annual Report on Form 10-K, which is incorporated by reference into this Item 3.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARFOSTER L B CO filings on SEC EDGAR
- 2SEC EDGARFOSTER L B CO filings on SEC EDGAR
- 3
- 4
- 5SEC EDGARFOSTER L B CO 10-K for fiscal 2025
- 6SEC EDGARFOSTER L B CO 10-K for fiscal 2019
- 7SEC EDGARFOSTER L B CO 10-K for fiscal 2020
- 8SEC EDGARFOSTER L B CO 10-K for fiscal 2021
- 9SEC EDGARFOSTER L B CO 10-K for fiscal 2022
- 10SEC EDGARFOSTER L B CO 10-K for fiscal 2023
- 11SEC EDGARFOSTER L B CO 10-K for fiscal 2019
- 12SEC EDGARFOSTER L B CO 10-Q for fiscal 2026
- 13SEC EDGARFOSTER L B CO 10-Q for fiscal 2026
- 14
- 15
- 16
- 17SEC EDGARLee B. Foster Ii., Chair
- 18SEC EDGARJohn F. Kasel, President
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29SEC EDGARSean M. Reilly, Controller
- 30
- 31
- 32SEC EDGARJames M. Kempton, Controller & PAO
- 33SEC EDGARTodd James, Controller & CAO
- 34
- 35
- 36
- 37
- 38SEC EDGARKevin R. Haugh, Vice President
- 39
- 40
- 41
- 42
- 43
- 44SEC EDGARDonald L. Foster, Sr. V.P.
- 45
- 46
- 47
- 48SEC EDGARLinda K. Patterson, Controller
- 49
- 50SEC EDGARJohn E. Kunz, Board member
- 51SEC EDGARRaymond T. Betler, Board member
- 52SEC EDGARBradley Vizi, Board member
- 53SEC EDGARChristopher S. Kiper, Board member
- 54SEC EDGARDirk Junge, Board member
- 55SEC EDGARRobert S. Purgason, Board member
- 56SEC EDGARLee B. Foster Ii., Board member
- 57SEC EDGARPeter McIlroy Ii., Board member
- 58SEC EDGARSuzanne B. Rowland, Board member
- 59SEC EDGARJohn W. Puth, Board member
- 60SEC EDGARDiane B. Owen, Board member
- 61SEC EDGARG. Thomas McKane, Board member
- 62SEC EDGARHenry J. Massman Iv., Board member
- 63SEC EDGARWilliam H. Rackoff, Board member
- 64SEC EDGARBrian H. Kelly, General counsel
- 65SEC EDGARPatrick J. Guinee, General counsel
- 66SEC EDGARJoseph S. Cancilla, General counsel
- 67SEC EDGARDavid L. Voltz, General counsel
- 68SEC EDGARResults of operations
- 69
- 70SEC EDGARShareholder vote
- 71SEC EDGARExecutive or director change
- 72SEC EDGARResults of operations
- 73SEC EDGARResults of operations
- 74SEC EDGARExecutive or director change
- 75SEC EDGARExecutive or director change
- 76SEC EDGARResults of operations
- 77SEC EDGARExecutive or director change
- 78SEC EDGARResults of operations
- 79
- 80NasdaqNasdaq calendar
- 81
- 82
- 83
- 84
- 85
- 86
- 87SEC EDGARBlackRock SC 13G on FOSTER L B CO
- 88
- 89
- 90
- 91