westinghouse air brake technologies corp. - WAB

WAB

Close Chg Chg %
194.40 3.32 1.71%

Open Market

197.72

+3.32 (1.71%)

Volume: 206.71K

Last Updated:

Nov 21, 2024, 12:38 PM EDT

Company Overview: westinghouse air brake technologies corp. - WAB

WAB Key Data

Open

$194.00

Day Range

193.87 - 197.77

52 Week Range

114.45 - 202.84

Market Cap

$33.42B

Shares Outstanding

171.89M

Public Float

170.07M

Beta

1.27

Rev. Per Employee

N/A

P/E Ratio

32.38

EPS

$6.03

Yield

39.60%

Dividend

$0.20

EX-DIVIDEND DATE

Nov 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

946.34K

 

WAB Performance

1 Week
 
-0.38%
 
1 Month
 
1.72%
 
3 Months
 
16.90%
 
1 Year
 
66.09%
 
5 Years
 
143.52%
 

WAB Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 11
Full Ratings ➔

About westinghouse air brake technologies corp. - WAB

Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the Freight and Transit segments. The Freight segment builds new locomotives, manufactures and services components for new and existing freight cars and locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, and signal design and engineering services, and provides related heat exchange and cooling systems. The Transit segment manufactures and services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses, builds new commuter locomotives, refurbishes subway cars, and provides heating, ventilation, air conditioning equipment, and doors for buses and subway cars. The company was founded in 1869 and is headquartered in Pittsburgh, PA.

WAB At a Glance

Westinghouse Air Brake Technologies Corp.
30 Isabella Street
Pittsburgh, Pennsylvania 15212
Phone 1-412-825-1000 Revenue 9.68B
Industry Trucks/Construction/Farm Machinery Net Income 815.00M
Sector Producer Manufacturing 2023 Sales Growth 15.726%
Fiscal Year-end 12 / 2024 Employees 29,000
View SEC Filings

WAB Valuation

P/E Current 32.66
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 27.949
Price to Sales Ratio 2.354
Price to Book Ratio 2.152
Price to Cash Flow Ratio 18.966
Enterprise Value to EBITDA 14.343
Enterprise Value to Sales 2.746
Total Debt to Enterprise Value 0.165

WAB Efficiency

Revenue/Employee 333,689.655
Income Per Employee 28,103.448
Receivables Turnover 5.746
Total Asset Turnover 0.516

WAB Liquidity

Current Ratio 1.197
Quick Ratio 0.634
Cash Ratio 0.153

WAB Profitability

Gross Margin 27.519
Operating Margin 13.682
Pretax Margin 11.284
Net Margin 8.422
Return on Assets 4.346
Return on Equity 7.917
Return on Total Capital 5.481
Return on Invested Capital 5.79

WAB Capital Structure

Total Debt to Total Equity 41.785
Total Debt to Total Capital 29.471
Total Debt to Total Assets 23.078
Long-Term Debt to Equity 33.756
Long-Term Debt to Total Capital 23.808
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Westinghouse Air Brake Technologies Corp. - WAB

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
7.56B 7.82B 8.36B 9.68B
Sales Growth
-7.85% +3.52% +6.90% +15.73%
Cost of Goods Sold (COGS) incl D&A
5.66B 5.69B 6.07B 7.01B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
473.30M 491.00M 479.00M 529.00M
Depreciation
190.90M 204.00M 188.00M 210.00M
Amortization of Intangibles
282.40M 287.00M 291.00M 319.00M
COGS Growth
-7.60% +0.52% +6.73% +15.55%
Gross Income
1.90B 2.13B 2.29B 2.66B
Gross Income Growth
-8.61% +12.45% +7.35% +16.19%
Gross Profit Margin
+25.13% +27.29% +27.41% +27.52%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.04B 1.18B 1.23B 1.34B
Research & Development
162.10M 176.00M 209.00M 218.00M
Other SG&A
877.10M 1.00B 1.02B 1.12B
SGA Growth
-9.36% +13.65% +4.06% +8.95%
Other Operating Expense
- - - -
-
Unusual Expense
114.10M 83.00M 51.00M 23.00M
EBIT after Unusual Expense
745.40M 871.00M 1.01B 1.30B
Non Operating Income/Expense
10.70M 43.00M 28.00M 9.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
9.70M 20.00M 17.00M 25.00M
Interest Expense
198.90M 177.00M 186.00M 218.00M
Interest Expense Growth
-9.22% -11.01% +5.08% +17.20%
Gross Interest Expense
198.90M 177.00M 186.00M 218.00M
Interest Capitalized
- - - -
-
Pretax Income
557.20M 737.00M 854.00M 1.09B
Pretax Income Growth
+24.71% +32.27% +15.88% +27.87%
Pretax Margin
+7.37% +9.42% +10.21% +11.28%
Income Tax
144.90M 172.00M 213.00M 267.00M
Income Tax - Current - Domestic
23.10M (54.00M) 40.00M 177.00M
Income Tax - Current - Foreign
92.40M 138.00M 137.00M 148.00M
Income Tax - Deferred - Domestic
34.70M 97.00M 29.00M (49.00M)
Income Tax - Deferred - Foreign
(5.30M) (9.00M) 7.00M (9.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
9.70M 20.00M 17.00M 25.00M
Other After Tax Income (Expense)
- - (1.20M) (2.00M)
-
Consolidated Net Income
411.10M 563.00M 641.00M 825.00M
Minority Interest Expense
(2.10M) 7.00M 8.00M 10.00M
Net Income
413.20M 556.00M 633.00M 815.00M
Net Income Growth
+26.87% +34.56% +13.85% +28.75%
Net Margin Growth
+5.47% +7.11% +7.57% +8.42%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
413.20M 556.00M 633.00M 815.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
413.20M 556.00M 633.00M 815.00M
EPS (Basic)
2.1759 2.9622 3.4742 4.5582
EPS (Basic) Growth
+14.05% +36.14% +17.28% +31.20%
Basic Shares Outstanding
189.90M 187.70M 182.20M 178.80M
EPS (Diluted)
2.1702 2.9559 3.4628 4.5404
EPS (Diluted) Growth
+18.14% +36.20% +17.15% +31.12%
Diluted Shares Outstanding
190.40M 188.10M 182.80M 179.50M
EBITDA
1.33B 1.45B 1.54B 1.85B
EBITDA Growth
+0.02% +8.42% +6.71% +20.17%
EBITDA Margin
+17.64% +18.47% +18.44% +19.15%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 214.444
Number of Ratings 11 Current Quarters Estimate 1.739
FY Report Date 12 / 2024 Current Year's Estimate 7.626
Last Quarter’s Earnings 2.00 Median PE on CY Estimate N/A
Year Ago Earnings 5.92 Next Fiscal Year Estimate 8.659
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 9 8 10 10
Mean Estimate 1.74 2.05 7.63 8.66
High Estimates 1.79 2.14 7.75 8.81
Low Estimate 1.67 1.92 7.56 8.58
Coefficient of Variance 2.10 3.51 0.70 0.94

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 7
OVERWEIGHT 0 0 0
HOLD 4 4 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Westinghouse Air Brake Technologies Corp. - WAB

Date Name Shares Transaction Value
Nov 8, 2024 Lilian Leroux EVP Chief Strategy Officer 17,106 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 Lilian Leroux EVP Chief Strategy Officer 1,666 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 Lilian Leroux EVP Chief Strategy Officer 14,303 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $141.62 per share 2,025,590.86
Nov 8, 2024 John A. Mastalerz SVP Fin, Corp Controller, CAO 5,683 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $199.71 per share 1,134,951.93
Nov 8, 2024 Lilian Leroux EVP Chief Strategy Officer 840 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 Lilian Leroux EVP Chief Strategy Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 13, 2024 Pascal Schweitzer President Transit 8,372 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $163.57 per share 1,369,408.04
Aug 16, 2024 Erich Gebhardt Chief Technology Officer 22,411 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $156.32 per share 3,503,287.52
Jul 11, 2024 Nicole B. Theophilus EVP & Chief Admin. Officer 20,409 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Beverley Anne Babcock Director 3,022 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Lee C. Banks Director 11,880 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Ann R. Klee Director 10,856 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Brian P. Hehir Director 24,230 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Linda A. Harty Director 13,034 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Byron S. Foster Director 6,501 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 William E. Kassling Director 79,510 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Albert J. Neupaver Director 596,577 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 14, 2024 Gregory Sbrocco EVP Operations 16,666 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $167.3 per share 2,788,221.80
May 3, 2024 Albert J. Neupaver Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 3, 2024 Albert J. Neupaver Director 624,512 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $61.33 per share 38,301,320.96

Westinghouse Air Brake Technologies Corp. in the News