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Westinghouse Air Brake Technologies CorpWAB

NYSEIndustrialsRailroad Equipment
Price (close)
$290.23
Market cap
$49.1B
P/E
38.7x
Revenue (TTM)
$12.0B
Net income
$1.3B
Dividend yield
0.41%
1-year total return
49.9%
Net margin
10.6%
Revenue growth
13.4%
Debt / equity
0.59x

What Westinghouse Air Brake Technologies Corp does.

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, is a Delaware corporation with headquarters at 30 Isabella Street in Pittsburgh, Pennsylvania. Our telephone number is 412-825-1000, and our website is located at www.wabteccorp.com . Wabtec has approximately 31,000 employees, excluding contingent workers, and operations in over 50 countries. Except as the context otherwise requires, all references to “we”, “our”, “us”, the “Company” and “Wabtec” refer to Westinghouse Air Brake Technologies Corporation and its consolidated subsidiaries. George Westinghouse founded the original Westinghouse Air Brake Co. in 1869 when he invented the air brake. Westinghouse Air Brake Company (“WABCO”) was formed in 1990 when it acquired certain assets and operations from American Standard, Inc., now known as Trane (“Trane”). The Company went public on the New York Stock Exchange in 1995.

Throughout the years, the Company has made a number of strategic acquisitions leading the Company to where it is today. These have primarily included:

• the 1999 merger with MotivePower Industries, Inc. whereby the Company adopted its current name of Westinghouse Air Brake Technologies Corporation, or Wabtec;

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$7.6B$7.8B$8.4B$9.7B$10.4B$11.2B
Net income$414.0M$558.0M$633.0M$815.0M$1.1B$1.2B
Free cash flow$648.0M$943.0M$889.0M$1.0B$1.6B$1.5B

More on WAB.

Figures from Westinghouse Air Brake Technologies Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.