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Westinghouse Air Brake Technologies Corporation (WAB)
NYSE: WAB · Real-Time Price · USD
304.18
+0.69 (0.23%)
At close: Nov 11, 2026, 4:00 PM EST
307.99
+3.81 (1.25%)
After-hours: Nov 11, 2026, 7:33 PM EST

WAB Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
1,3681,1701,056815633558
Depreciation & Amortization
521457457475426441
Loss (Gain) From Sale of Assets
4040473-4
Asset Writedown & Restructuring Costs
--22--
Stock-Based Compensation
978066474146
Other Operating Activities
26562-484495
Change in Accounts Receivable
-10-36-34-195-52-76
Change in Inventory
-54-182-117-58-368-41
Change in Accounts Payable
253470-58306109
Change in Income Taxes
3862117-4
Change in Other Net Operating Assets
36185247213-2-51
Operating Cash Flow
2,0871,7591,8341,2011,0381,073
Operating Cash Flow Growth
40.07%-4.09%52.71%15.70%-3.26%36.86%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-304-260-207-186-149-130
Sale of Property, Plant & Equipment
55132325
Cash Acquisitions
-1,827-2,520-168-308-89-435
Divestitures
8819---
Other Investing Activities
1520----
Investing Cash Flow
-2,103-2,747-343-492-235-540

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-4,7082,2585,5636,0875,391
Long-Term Debt Repaid
--3,224-2,322-5,521-6,117-5,552
Net Debt Issued (Repaid)
1,1041,484-6442-30-161
Repurchase of Common Stock
-893-263-1,122-425-480-307
Common Dividends Paid
-201-173-140-123-111-92
Other Financing Activities
-33-17-45-127-87-93
Financing Cash Flow
-231,031-1,371-633-708-653

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-31-253-27-6
Net Cash Flow
-3974957968-126

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
1,7831,4991,6271,015889943
Free Cash Flow Growth
40.62%-7.87%60.30%14.17%-5.73%45.52%
Free Cash Flow Margin
14.60%13.42%15.66%10.49%10.63%12.06%
Free Cash Flow Per Share
10.498.769.315.664.865.01
Levered Free Cash Flow
1,2391,2251,268653756.38850.5
Unlevered Free Cash Flow
1,4261,3651,393789.25868.25958

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
219219181210179164
Cash Income Tax Paid
342342237233157123
Change in Working Capital
357187-97-109-63
SEC Filings: 10-K · 10-Q