Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the following segments: Freight and Transit. The Freight segment involves in the manufacture and offers services components for new and existing locomotives and freight cars; supplies rail control and infrastructure products such as electronics, positive train control equipment, and signal design and engineering services; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit segments includes the manufacture and providing services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses; supplies rail control and infrastructure products such as electronics, positive train control equipment, and signal design and engineering services; builds new commuter locomotives; and renovate passenger transit vehicles. The company was founded in 1869 and is headquartered in Pittsburgh, PA.
Highlights
WAB's gross margin is up by 9% year-on-year
WAB's debt is down by 6% since the previous quarter and by 3.6% year-on-year
The net income has soared by 92% YoY but it has contracted by 3.9% from the previous quarter
The company's gross profit rose by 46% YoY but it fell by 5% QoQ
WAB's quick ratio is down by 26% since the previous quarter and by 16% year-on-year
Key stats
What are the main financial stats of WAB
Market
Shares outstanding
190.3M
Market cap
$13.1B
Enterprise value
$16.97B
Valuations
Price to earnings (P/E)
30.45
Price to book (P/B)
1.33
Price to sales (P/S)
1.63
EV/EBIT
21.96
EV/EBITDA
15.23
EV/Sales
2.11
Earnings
Revenue
$8.04B
EBIT
$772.8M
EBITDA
$1.11B
Free cash flow
$619.69M
Per share
EPS
$2.26
Free cash flow per share
$3.26
Book value per share
$51.74
Revenue per share
$42.35
TBVPS
$32.77
Balance sheet
Total assets
$18.47B
Total liabilities
$8.58B
Debt
$4.47B
Equity
$9.85B
Working capital
$486.5M
Liquidity
Debt to equity
0.45
Current ratio
1.14
Quick ratio
0.57
Net debt/EBITDA
3.48
Margins
EBITDA margin
13.9%
Gross margin
29.1%
Net margin
5.3%
Operating margin
9.6%
Efficiency
Return on assets
2.3%
Return on equity
4.3%
Return on invested capital
10.7%
Return on capital employed
5.2%
Return on sales
9.6%
Dividend
Dividend yield
0.7%
DPS
$0.48
Payout ratio
21.2%
WAB stock price
How has the Westinghouse Air Brake Technologies stock price performed over time
Financial performance
How have Westinghouse Air Brake Technologies's revenue and profit performed over time
Revenue
$8.04B
Gross profit
$2.34B
Operating income
$771.9M
Net income
$425.2M
Gross margin
29.1%
Net margin
5.3%
The net income has soared by 92% YoY but it has contracted by 3.9% from the previous quarter
WAB's operating income has surged by 59% year-on-year but it is down by 5% since the previous quarter
The company's gross profit rose by 46% YoY but it fell by 5% QoQ
WAB's net margin is up by 43% year-on-year
Growth
What is Westinghouse Air Brake Technologies's growth rate over time
Valuation
What is Westinghouse Air Brake Technologies stock price valuation
P/E
30.45
P/B
1.33
P/S
1.63
EV/EBIT
21.96
EV/EBITDA
15.23
EV/Sales
2.11
Westinghouse Air Brake Technologies's EPS has increased by 26% YoY but it has decreased by 5% from the previous quarter
WAB's P/E is 12% below its last 4 quarters average of 34.7 but 8% above its 5-year quarterly average of 28.3
The P/B is 51% less than the 5-year quarterly average of 2.7 but 11% more than the last 4 quarters average of 1.2
The revenue has grown by 33% YoY but it has contracted by 6% from the previous quarter
The stock's price to sales (P/S) is 22% less than its 5-year quarterly average of 2.1 but 9% more than its last 4 quarters average of 1.5
Efficiency
How efficient is Westinghouse Air Brake Technologies business performance
WAB's ROA is up by 44% year-on-year
Westinghouse Air Brake Technologies's ROIC has increased by 41% YoY
The ROE has grown by 23% YoY but it has contracted by 4.4% from the previous quarter
Westinghouse Air Brake Technologies's ROS has increased by 20% YoY
Dividends
What is WAB's dividend history
DPS
$0.48
Dividend yield
0.7%
Payout ratio
21.2%
Recent dividends
Financial health
How did Westinghouse Air Brake Technologies financials performed over time
The total assets is 115% more than the total liabilities
WAB's quick ratio is down by 26% since the previous quarter and by 16% year-on-year
The current ratio has declined by 20% since the previous quarter and by 14% year-on-year
WAB's debt is 55% smaller than its equity
Westinghouse Air Brake Technologies's debt to equity has decreased by 8% from the previous quarter and by 4.3% YoY
WAB's debt is down by 6% since the previous quarter and by 3.6% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.