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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 12,214 | 11,167 | 10,387 | 9,677 | 8,362 | 7,822 | |
Revenue Growth | 13.25% | 7.51% | 7.34% | 15.73% | 6.90% | 3.52% |
Cost of Revenue | 7,796 | 7,296 | 6,984 | 6,704 | 5,783 | 5,453 |
Gross Profit | 4,418 | 3,871 | 3,403 | 2,973 | 2,579 | 2,369 |
Selling, General & Admin | 1,564 | 1,370 | 1,219 | 1,114 | 1,021 | 1,026 |
Research & Development | 261 | 223 | 206 | 218 | 209 | 176 |
Amortization of Goodwill & Intangibles | 348 | 300 | 301 | 319 | 291 | 287 |
Operating Expenses | 2,173 | 1,893 | 1,726 | 1,651 | 1,521 | 1,489 |
Operating Income | 2,245 | 1,978 | 1,677 | 1,322 | 1,058 | 880 |
Interest Expense | -299 | -225 | -201 | -218 | -179 | -172 |
Earnings From Equity Investments | 2 | 2 | 8 | 25 | 17 | 20 |
Currency Exchange Gain (Loss) | 4 | -6 | -19 | -20 | 6 | 8 |
Other Non Operating Income (Expenses) | 20 | 17 | -2 | 32 | -2 | 1 |
EBT Excluding Unusual Items | 1,972 | 1,766 | 1,463 | 1,141 | 900 | 737 |
Merger & Restructuring Charges | -137 | -174 | -53 | -49 | -46 | - |
Pretax Income | 1,835 | 1,592 | 1,410 | 1,092 | 854 | 737 |
Income Tax Expense | 461 | 409 | 343 | 267 | 213 | 172 |
Earnings From Continuing Operations | 1,374 | 1,183 | 1,067 | 825 | 641 | 565 |
Minority Interest in Earnings | -6 | -13 | -11 | -10 | -8 | -7 |
Net Income | 1,368 | 1,170 | 1,056 | 815 | 633 | 558 |
Preferred Dividends & Other Adjustments | 2 | 3 | 3 | 2 | 2 | - |
Net Income to Common | 1,366 | 1,167 | 1,053 | 813 | 631 | 558 |
Net Income Growth | 16.16% | 10.83% | 29.52% | 28.84% | 13.08% | 35.11% |
Shares Outstanding (Basic) | 169 | 171 | 174 | 179 | 182 | 188 |
Shares Outstanding (Diluted) | 170 | 171 | 175 | 180 | 183 | 188 |
Shares Change | -0.85% | -2.12% | -2.62% | -1.80% | -2.82% | -1.21% |
EPS (Basic) | 8.06 | 6.84 | 6.05 | 4.55 | 3.46 | 2.97 |
EPS (Diluted) | 8.04 | 6.83 | 6.04 | 4.53 | 3.46 | 2.96 |
EPS Growth | 17.05% | 13.08% | 33.33% | 30.93% | 16.89% | 36.41% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,783 | 1,499 | 1,627 | 1,015 | 889 | 943 |
Free Cash Flow Per Share | 10.49 | 8.76 | 9.31 | 5.66 | 4.86 | 5.01 |
Dividend Per Share | 1.180 | 1.000 | 0.800 | 0.680 | 0.600 | 0.480 |
Dividend Growth | 24.21% | 25.00% | 17.65% | 13.33% | 25.00% | 0% |
Gross Margin | 36.17% | 34.66% | 32.76% | 30.72% | 30.84% | 30.29% |
Operating Margin | 18.38% | 17.71% | 16.14% | 13.66% | 12.65% | 11.25% |
Profit Margin | 11.18% | 10.45% | 10.14% | 8.40% | 7.55% | 7.13% |
Free Cash Flow Margin | 14.60% | 13.42% | 15.66% | 10.49% | 10.63% | 12.06% |
EBITDA | 2,766 | 2,435 | 2,134 | 1,797 | 1,484 | 1,321 |
EBITDA Margin | 22.65% | 21.80% | 20.54% | 18.57% | 17.75% | 16.89% |
D&A For EBITDA | 521 | 457 | 457 | 475 | 426 | 441 |
EBIT | 2,245 | 1,978 | 1,677 | 1,322 | 1,058 | 880 |
EBIT Margin | 18.38% | 17.71% | 16.14% | 13.66% | 12.65% | 11.25% |
Effective Tax Rate | 25.12% | 25.69% | 24.33% | 24.45% | 24.94% | 23.34% |
Revenue as Reported | 12,214 | 11,167 | 10,387 | 9,677 | 8,362 | 7,822 |