
Westinghouse Air Brake Technologies Corp
NYSE:WAB

Income Statement
Earnings Waterfall
Westinghouse Air Brake Technologies Corp
Revenue
|
10.5B
USD
|
Cost of Revenue
|
-7B
USD
|
Gross Profit
|
3.5B
USD
|
Operating Expenses
|
-1.8B
USD
|
Operating Income
|
1.7B
USD
|
Other Expenses
|
-630m
USD
|
Net Income
|
1.1B
USD
|
Income Statement
Westinghouse Air Brake Technologies Corp
Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 168
N/A
|
3 284
+4%
|
3 296
+0%
|
3 308
+0%
|
3 261
-1%
|
3 138
-4%
|
3 004
-4%
|
2 931
-2%
|
3 075
+5%
|
3 284
+7%
|
3 566
+9%
|
3 882
+9%
|
4 022
+4%
|
4 201
+4%
|
4 321
+3%
|
4 364
+1%
|
4 901
+12%
|
6 026
+23%
|
6 950
+15%
|
8 200
+18%
|
8 536
+4%
|
8 037
-6%
|
7 901
-2%
|
7 556
-4%
|
7 456
-1%
|
7 731
+4%
|
7 773
+1%
|
7 822
+1%
|
7 919
+1%
|
7 955
+0%
|
8 129
+2%
|
8 362
+3%
|
8 629
+3%
|
8 988
+4%
|
9 457
+5%
|
9 677
+2%
|
9 980
+3%
|
10 217
+2%
|
10 330
+1%
|
10 387
+1%
|
10 500
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 186)
|
(2 259)
|
(2 262)
|
(2 260)
|
(2 214)
|
(2 121)
|
(2 031)
|
(2 007)
|
(2 136)
|
(2 309)
|
(2 550)
|
(2 816)
|
(2 915)
|
(3 045)
|
(3 116)
|
(3 130)
|
(3 589)
|
(4 423)
|
(5 049)
|
(5 922)
|
(6 069)
|
(5 698)
|
(5 594)
|
(5 419)
|
(5 360)
|
(5 520)
|
(5 503)
|
(5 400)
|
(5 435)
|
(5 425)
|
(5 571)
|
(5 740)
|
(5 938)
|
(6 213)
|
(6 530)
|
(6 666)
|
(6 817)
|
(6 905)
|
(6 936)
|
(6 983)
|
(7 014)
|
|
Gross Profit |
982
N/A
|
1 025
+4%
|
1 035
+1%
|
1 048
+1%
|
1 048
0%
|
1 017
-3%
|
973
-4%
|
924
-5%
|
939
+2%
|
975
+4%
|
1 016
+4%
|
1 065
+5%
|
1 107
+4%
|
1 157
+5%
|
1 205
+4%
|
1 234
+2%
|
1 312
+6%
|
1 603
+22%
|
1 900
+19%
|
2 278
+20%
|
2 468
+8%
|
2 340
-5%
|
2 307
-1%
|
2 137
-7%
|
2 097
-2%
|
2 211
+5%
|
2 270
+3%
|
2 422
+7%
|
2 484
+3%
|
2 530
+2%
|
2 557
+1%
|
2 622
+3%
|
2 691
+3%
|
2 775
+3%
|
2 927
+5%
|
3 011
+3%
|
3 163
+5%
|
3 312
+5%
|
3 394
+2%
|
3 404
+0%
|
3 486
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(428)
|
(448)
|
(441)
|
(440)
|
(446)
|
(438)
|
(426)
|
(427)
|
(508)
|
(564)
|
(624)
|
(644)
|
(668)
|
(709)
|
(734)
|
(760)
|
(844)
|
(1 061)
|
(1 311)
|
(1 552)
|
(1 634)
|
(1 531)
|
(1 451)
|
(1 322)
|
(1 308)
|
(1 361)
|
(1 387)
|
(1 465)
|
(1 487)
|
(1 499)
|
(1 508)
|
(1 513)
|
(1 543)
|
(1 573)
|
(1 612)
|
(1 642)
|
(1 657)
|
(1 689)
|
(1 709)
|
(1 739)
|
(1 750)
|
|
Selling, General & Administrative |
(339)
|
(355)
|
(349)
|
(347)
|
(352)
|
(344)
|
(333)
|
(333)
|
(405)
|
(452)
|
(499)
|
(513)
|
(537)
|
(580)
|
(609)
|
(633)
|
(687)
|
(810)
|
(953)
|
(1 104)
|
(1 130)
|
(1 039)
|
(991)
|
(877)
|
(874)
|
(923)
|
(940)
|
(1 002)
|
(1 014)
|
(1 018)
|
(1 017)
|
(1 013)
|
(1 035)
|
(1 061)
|
(1 100)
|
(1 103)
|
(1 122)
|
(1 152)
|
(1 170)
|
(1 230)
|
(1 244)
|
|
Research & Development |
(66)
|
(69)
|
(70)
|
(71)
|
(72)
|
(73)
|
(72)
|
(71)
|
(77)
|
(82)
|
(91)
|
(95)
|
(94)
|
(90)
|
(85)
|
(88)
|
(100)
|
(138)
|
(176)
|
(210)
|
(224)
|
(205)
|
(183)
|
(162)
|
(151)
|
(155)
|
(162)
|
(176)
|
(183)
|
(191)
|
(202)
|
(209)
|
(215)
|
(218)
|
(217)
|
(218)
|
(215)
|
(219)
|
(216)
|
(206)
|
(204)
|
|
Depreciation & Amortization |
(23)
|
(23)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(23)
|
(26)
|
(30)
|
(34)
|
(37)
|
(38)
|
(38)
|
(40)
|
(40)
|
(57)
|
(113)
|
(183)
|
(238)
|
(280)
|
(286)
|
(277)
|
(282)
|
(283)
|
(283)
|
(286)
|
(287)
|
(291)
|
(290)
|
(290)
|
(291)
|
(293)
|
(294)
|
(295)
|
(321)
|
(320)
|
(318)
|
(323)
|
(303)
|
(302)
|
|
Operating Income |
554
N/A
|
577
+4%
|
593
+3%
|
608
+2%
|
601
-1%
|
579
-4%
|
547
-6%
|
497
-9%
|
431
-13%
|
411
-5%
|
393
-4%
|
421
+7%
|
438
+4%
|
448
+2%
|
472
+5%
|
473
+0%
|
468
-1%
|
542
+16%
|
589
+9%
|
726
+23%
|
833
+15%
|
809
-3%
|
855
+6%
|
816
-5%
|
789
-3%
|
850
+8%
|
883
+4%
|
957
+8%
|
996
+4%
|
1 031
+3%
|
1 049
+2%
|
1 109
+6%
|
1 148
+4%
|
1 202
+5%
|
1 315
+9%
|
1 369
+4%
|
1 506
+10%
|
1 623
+8%
|
1 685
+4%
|
1 665
-1%
|
1 736
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(22)
|
(23)
|
(26)
|
(22)
|
(20)
|
(19)
|
(18)
|
(47)
|
(56)
|
(68)
|
(86)
|
(78)
|
(82)
|
(97)
|
(100)
|
(116)
|
(152)
|
(178)
|
(210)
|
(225)
|
(236)
|
(227)
|
(226)
|
(197)
|
(214)
|
(207)
|
(192)
|
(149)
|
(157)
|
(154)
|
(159)
|
(163)
|
(168)
|
(182)
|
(185)
|
(213)
|
(218)
|
(214)
|
(220)
|
(212)
|
(213)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(59)
|
(55)
|
(58)
|
(63)
|
(20)
|
(37)
|
(46)
|
(71)
|
(70)
|
(87)
|
(110)
|
(81)
|
(73)
|
(47)
|
(21)
|
(98)
|
(100)
|
(106)
|
(110)
|
(103)
|
(104)
|
(103)
|
(102)
|
(56)
|
(65)
|
|
Total Other Income |
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
1
|
0
|
1
|
3
|
9
|
10
|
13
|
14
|
10
|
11
|
10
|
9
|
8
|
5
|
7
|
30
|
10
|
62
|
65
|
40
|
10
|
13
|
7
|
10
|
6
|
7
|
5
|
2
|
39
|
38
|
42
|
43
|
13
|
15
|
|
Pre-Tax Income |
532
N/A
|
554
+4%
|
567
+2%
|
585
+3%
|
582
-1%
|
559
-4%
|
529
-5%
|
413
-22%
|
375
-9%
|
345
-8%
|
311
-10%
|
352
+13%
|
366
+4%
|
363
-1%
|
385
+6%
|
368
-4%
|
269
-27%
|
319
+19%
|
330
+3%
|
447
+36%
|
582
+30%
|
552
-5%
|
614
+11%
|
557
-9%
|
566
+2%
|
621
+10%
|
621
0%
|
737
+19%
|
779
+6%
|
837
+7%
|
879
+5%
|
854
-3%
|
887
+4%
|
919
+4%
|
1 022
+11%
|
1 092
+7%
|
1 222
+12%
|
1 348
+10%
|
1 406
+4%
|
1 410
+0%
|
1 473
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(164)
|
(173)
|
(178)
|
(187)
|
(185)
|
(173)
|
(160)
|
(99)
|
(84)
|
(72)
|
(52)
|
(58)
|
(57)
|
(56)
|
(66)
|
(91)
|
(84)
|
(101)
|
(101)
|
(120)
|
(140)
|
(127)
|
(151)
|
(145)
|
(150)
|
(165)
|
(162)
|
(172)
|
(179)
|
(193)
|
(204)
|
(213)
|
(223)
|
(231)
|
(255)
|
(267)
|
(293)
|
(321)
|
(335)
|
(343)
|
(356)
|
|
Income from Continuing Operations |
368
|
381
|
390
|
399
|
397
|
386
|
369
|
313
|
291
|
273
|
259
|
294
|
309
|
307
|
319
|
277
|
185
|
218
|
229
|
327
|
442
|
425
|
463
|
412
|
416
|
455
|
459
|
565
|
600
|
644
|
675
|
641
|
664
|
688
|
767
|
825
|
929
|
1 027
|
1 071
|
1 067
|
1 117
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(7)
|
(7)
|
(8)
|
0
|
(1)
|
0
|
3
|
3
|
2
|
2
|
1
|
0
|
1
|
1
|
(0)
|
2
|
(1)
|
(2)
|
(3)
|
(7)
|
(6)
|
(8)
|
(10)
|
(8)
|
(11)
|
(10)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
|
Net Income (Common) |
366
N/A
|
379
+4%
|
388
+2%
|
397
+2%
|
396
0%
|
385
-3%
|
369
-4%
|
305
-17%
|
285
-7%
|
266
-7%
|
251
-6%
|
262
+4%
|
277
+5%
|
289
+4%
|
309
+7%
|
295
-5%
|
202
-32%
|
221
+9%
|
224
+1%
|
326
+45%
|
442
+36%
|
425
-4%
|
462
+9%
|
413
-11%
|
414
+0%
|
452
+9%
|
455
+1%
|
556
+22%
|
591
+6%
|
632
+7%
|
661
+5%
|
633
-4%
|
653
+3%
|
678
+4%
|
758
+12%
|
815
+8%
|
918
+13%
|
1 016
+11%
|
1 059
+4%
|
1 056
0%
|
1 106
+5%
|
|
EPS (Diluted) |
3.77
N/A
|
3.86
+2%
|
3.99
+3%
|
4.1
+3%
|
4.29
+5%
|
4.25
-1%
|
4.08
-4%
|
3.35
-18%
|
2.96
-12%
|
2.76
-7%
|
2.6
-6%
|
2.72
+5%
|
2.87
+6%
|
2.99
+4%
|
3.2
+7%
|
3.05
-5%
|
1.66
-46%
|
1.15
-31%
|
1.17
+2%
|
1.84
+57%
|
2.29
+24%
|
2.23
-3%
|
2.43
+9%
|
2.17
-11%
|
2.19
+1%
|
2.39
+9%
|
2.42
+1%
|
2.96
+22%
|
3.19
+8%
|
3.46
+8%
|
3.63
+5%
|
3.46
-5%
|
3.61
+4%
|
3.77
+4%
|
4.22
+12%
|
4.54
+8%
|
5.18
+14%
|
5.77
+11%
|
6.08
+5%
|
6.04
-1%
|
6.45
+7%
|