CVGI vs. RAIL

Last updated Apr 1, 2026

Compare and contrast key facts about Commercial Vehicle Group, Inc. (CVGI) and FreightCar America, Inc. (RAIL).

Performance

CVGI vs. RAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Commercial Vehicle Group, Inc. (CVGI) and FreightCar America, Inc. (RAIL). The values are adjusted to include any dividend payments, if applicable.

CVGI vs. RAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVGI Commercial Vehicle Group, Inc.	136.81%	-41.94%	-64.62%	2.94%	-15.51%	-6.82%	36.22%	11.40%	-46.68%	93.31%
RAIL FreightCar America, Inc.	-28.00%	23.55%	231.85%	-15.63%	-13.28%	53.11%	16.43%	-69.06%	-60.83%	16.26%

Fundamentals

EPS CVGI : -$1.62 RAIL : $1.18
PS Ratio CVGI : 0.18 RAIL : 0.52
Total Revenue (TTM) CVGI : $657.53M RAIL : $500.99M
Gross Profit (TTM) CVGI : $68.65M RAIL : $73.19M
EBITDA (TTM) CVGI : $12.70M RAIL : $20.96M

Returns By Period

In the year-to-date period, CVGI achieves a 136.81% return, which is significantly higher than RAIL's -28.00% return. Over the past 10 years, CVGI has outperformed RAIL with an annualized return of 3.07%, while RAIL has yielded a comparatively lower -5.90% annualized return.

CVGI

• 1D: 6.90%
• 1M: 99.42%
• YTD: 136.81%
• 6M: 100.59%
• 1Y: 196.52%
• 3Y*: -22.41%
• 5Y*: -18.85%
• 10Y*: 3.07%

RAIL

• 1D: 1.40%
• 1M: -42.37%
• YTD: -28.00%
• 6M: -18.51%
• 1Y: 44.12%
• 3Y*: 36.70%
• 5Y*: 3.69%
• 10Y*: -5.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CVGI vs. RAIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CVGI

CVGI Risk / Return Rank: 90
CVGI Sharpe Ratio Rank: 92
CVGI Sortino Ratio Rank: 91
CVGI Omega Ratio Rank: 85
CVGI Calmar Ratio Rank: 93
CVGI Martin Ratio Rank: 88

RAIL

RAIL Risk / Return Rank: 63
RAIL Sharpe Ratio Rank: 64
RAIL Sortino Ratio Rank: 66
RAIL Omega Ratio Rank: 62
RAIL Calmar Ratio Rank: 62
RAIL Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CVGI vs. RAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Commercial Vehicle Group, Inc. (CVGI) and FreightCar America, Inc. (RAIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CVGI	RAIL	Difference
Sharpe ratio Return per unit of total volatility	2.18	0.63	+1.55
Sortino ratio Return per unit of downside risk	2.95	1.39	+1.56
Omega ratio Gain probability vs. loss probability	1.34	1.17	+0.17
Calmar ratio Return relative to maximum drawdown	4.86	0.88	+3.98
Martin ratio Return relative to average drawdown	9.35	2.02	+7.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CVGI vs. RAIL - Sharpe Ratio Comparison

The current CVGI Sharpe Ratio is 2.18, which is higher than the RAIL Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of CVGI and RAIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CVGI	RAIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	0.63	+1.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	0.05	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	-0.08	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	-0.06	-0.02

Correlation

The correlation between CVGI and RAIL is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CVGI vs. RAIL - Dividend Comparison

Neither CVGI nor RAIL has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CVGI Commercial Vehicle Group, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RAIL FreightCar America, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.58%	2.41%	1.85%

Drawdowns

CVGI vs. RAIL - Drawdown Comparison

The maximum CVGI drawdown since its inception was -98.04%, roughly equal to the maximum RAIL drawdown of -98.88%. Use the drawdown chart below to compare losses from any high point for CVGI and RAIL.

Drawdown Indicators

	CVGI	RAIL	Difference
Max Drawdown Largest peak-to-trough decline	-98.04%	-98.88%	+0.84%
Max Drawdown (1Y) Largest decline over 1 year	-35.58%	-46.89%	+11.31%
Max Drawdown (5Y) Largest decline over 5 years	-93.76%	-71.67%	-22.09%
Max Drawdown (10Y) Largest decline over 10 years	-93.80%	-96.23%	+2.43%
Current Drawdown Current decline from peak	-85.79%	-88.29%	+2.50%
Average Drawdown Average peak-to-trough decline	-62.45%	-71.72%	+9.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.49%	20.41%	-1.92%

Volatility

CVGI vs. RAIL - Volatility Comparison

Commercial Vehicle Group, Inc. (CVGI) has a higher volatility of 46.63% compared to FreightCar America, Inc. (RAIL) at 25.23%. This indicates that CVGI's price experiences larger fluctuations and is considered to be riskier than RAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVGI	RAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.63%	25.23%	+21.40%
Volatility (6M) Calculated over the trailing 6-month period	61.96%	48.38%	+13.58%
Volatility (1Y) Calculated over the trailing 1-year period	91.08%	70.69%	+20.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.90%	74.36%	-12.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.37%	73.86%	-5.49%

Financials

CVGI vs. RAIL - Profitability Comparison

The chart below illustrates the profitability comparison between Commercial Vehicle Group, Inc. and FreightCar America, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CVGI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Commercial Vehicle Group, Inc. reported a gross profit of 16.04M and revenue of 152.49M. Therefore, the gross margin over that period was 10.5%.

RAIL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, FreightCar America, Inc. reported a gross profit of 16.77M and revenue of 125.57M. Therefore, the gross margin over that period was 13.4%.

CVGI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Commercial Vehicle Group, Inc. reported an operating income of -1.06M and revenue of 152.49M, resulting in an operating margin of -0.7%.

RAIL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, FreightCar America, Inc. reported an operating income of 7.78M and revenue of 125.57M, resulting in an operating margin of 6.2%.

CVGI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Commercial Vehicle Group, Inc. reported a net income of -7.08M and revenue of 152.49M, resulting in a net margin of -4.6%.

RAIL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, FreightCar America, Inc. reported a net income of -16.58M and revenue of 125.57M, resulting in a net margin of -13.2%.