WAB
Westinghouse Air Brake Technologies Corporation
Stock
$287.54−0.30 (−0.10%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.0B | $11.2B | $10.4B | $9.7B | $8.4B | $7.8B | $7.6B | $8.2B | $4.4B | $3.9B | $2.9B | $3.3B | $3.0B | $2.6B | $2.4B | $2.0B | $1.5B | $1.4B | $1.6B |
| Cost of revenue | $7.8B | $7.4B | $7.0B | $6.7B | $5.8B | $5.5B | $5.4B | $5.9B | $3.1B | $2.8B | $2.0B | $2.3B | $2.1B | $1.8B | $1.7B | $1.4B | $1.1B | $1.0B | $1.1B |
| Gross profit | $4.2B | $3.8B | $3.4B | $2.9B | $2.5B | $2.4B | $2.1B | $2.3B | $1.2B | $1.1B | $924M | $1.0B | $936M | $764M | $695M | $570M | $449M | $393M | $427M |
| R&D | $253M | $223M | $206M | $218M | $209M | $176M | $162M | $210M | $88M | $95M | $71M | $71M | $62M | $46M | $41M | $37M | $40M | $42M | $39M |
| SG&A | $1.6B | $1.5B | $1.2B | $1.1B | $1.0B | $1.0B | $948M | $1.2B | $633M | $513M | $374M | $347M | $325M | $263M | $246M | $248M | $196M | $161M | $171M |
| Other operating expenses | $336M | $300M | $303M | $321M | $291M | $287M | $282M | $238M | $40M | $37M | $23M | $22M | $22M | $18M | $15M | $15M | $10M | $9.8M | $5.1M |
| Operating income | $2.0B | $1.8B | $1.6B | $1.3B | $1.0B | $876M | $745M | $663M | $473M | $421M | $457M | $608M | $527M | $437M | $392M | $271M | $203M | $180M | $213M |
| Non-operating income | −$261M | −$201M | −$199M | −$174M | −$157M | −$139M | −$188M | −$216M | −$106M | −$69M | −$44M | −$22M | −$19M | −$16M | −$15M | −$15M | −$16M | −$17M | −$8.2M |
| Pretax income | $1.7B | $1.6B | $1.4B | $1.1B | $854M | $737M | $557M | $447M | $368M | $352M | $413M | $585M | $508M | $421M | $377M | $255M | $187M | $163M | $204M |
| Taxes | $434M | $422M | $354M | $277M | $221M | $179M | $143M | $120M | $73M | $90M | $108M | $187M | $156M | $129M | $126M | $85M | $64M | $48M | $74M |
| Net income | $1.3B | $1.2B | $1.1B | $815M | $633M | $558M | $414M | $327M | $295M | $262M | $305M | $399M | $352M | $292M | $252M | $170M | $123M | $115M | $131M |
| Diluted EPS | $7.44 | $6.83 | $6.04 | $4.53 | $3.46 | $2.96 | $2.17 | $1.84 | $3.05 | $2.72 | $3.34 | $4.10 | $3.62 | $3.01 | $2.60 | $1.76 | $1.28 | $1.20 | $1.33 |
| Diluted shares | — | 171.1M | 174.8M | 179.5M | 182.8M | 188.1M | 190.4M | 177.3M | 96.5M | 96.1M | 91.1M | 97.0M | 96.9M | 96.8M | 96.7M | 96.7M | 96.0M | 96.0M | 97.7M |
| Revenue growth | — | +7.5% | +7.3% | +15.7% | +6.9% | +3.5% | −7.9% | +87.9% | +12.4% | +32.4% | −11.4% | +8.7% | +18.6% | +7.3% | +21.5% | +30.6% | +7.5% | −11.0% | — |
| Gross margin | 35.0% | 34.1% | 32.4% | 30.4% | 30.4% | 30.3% | 28.3% | 27.8% | 28.3% | 27.4% | 31.5% | 31.7% | 30.7% | 29.8% | 29.0% | 29.0% | 29.8% | 28.1% | 27.1% |
| Operating margin | 16.4% | 16.1% | 15.5% | 13.1% | 12.1% | 11.2% | 9.9% | 8.1% | 10.8% | 10.8% | 15.6% | 18.4% | 17.3% | 17.0% | 16.4% | 13.8% | 13.5% | 12.8% | 13.5% |
| Net margin | 10.6% | 10.5% | 10.2% | 8.4% | 7.6% | 7.1% | 5.5% | 4.0% | 6.8% | 6.8% | 10.4% | 12.1% | 11.6% | 11.4% | 10.5% | 8.6% | 8.2% | 8.2% | 8.3% |