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    WAB

    WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

    Company overview

    Market capitalization
    $49.38B
    Employees
    31,000
    Latest publication
    2026-09-29
    About WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

    Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, and train cruise and remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. In addition, it provides freight car trucks, braking equipment, and related components; air compressors and dryers, as well as heating, ventilation, and air conditioning (HVAC) systems; heat transfer components and systems; custom engineered burners and combustion systems; rail gear, signaling, and switch products; and turbochargers. Further, it offers freight locomotive overhauls, modernizations, and refurbishment; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; long-term parts arrangements; and way equipment maintenance services. Additionally, it provides railway and freight braking equipment and related components; brake shoes, discs, and pads; HVAC equipment; access and platform screen doors; pantographs; power converters and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

    Company website

    Financial statements

    Income YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Total Revenue6,129,000,000USD
    Cost Of Revenue3,907,000,000USD
    Gross Profit2,222,000,000USD
    Research Development126,000,000USD
    Selling General Administrative801,000,000USD
    Other Operating Expenses178,000,000USD
    Total Operating Expenses1,105,000,000USD
    Operating Income1,117,000,000USD
    Total Other Income Expense Net-130,000,000USD
    Interest Expense151,000,000USD
    Income Before Tax987,000,000USD
    Income Tax Expense228,000,000USD
    Net Income759,000,000USD
    Minority Interest2,000,000USD
    Net Income Applicable To Common Shares757,000,000USD
    SourceDisclosureDeterministicFinal

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ4 20242024-12-31 · USDQ2 20242024-06-30 · USDQ4 20232023-12-31 · USD
    Total Revenue3,179,000,000USD2,950,000,000USD2,965,000,000USD2,886,000,000USD2,706,000,000USD2,583,000,000USD2,644,000,000USD2,526,000,000USD
    Cost Of Revenue2,018,000,000USD1,889,000,000USD2,076,000,000USD1,884,000,000USD1,768,000,000USD1,786,000,000USD1,770,000,000USD1,762,000,000USD
    Gross Profit1,161,000,000USD1,061,000,000USD889,000,000USD1,002,000,000USD938,000,000USD797,000,000USD874,000,000USD764,000,000USD
    Research Development70,000,000USD56,000,000USD68,000,000USD59,000,000USD50,000,000USD51,000,000USD57,000,000USD61,000,000USD
    Selling General Administrative400,000,000USD401,000,000USD461,000,000USD375,000,000USD347,000,000USD314,000,000USD314,000,000USD296,000,000USD
    Other Operating Expenses91,000,000USD———————
    Total Operating Expenses561,000,000USD544,000,000USD516,000,000USD511,000,000USD466,000,000USD463,000,000USD444,000,000USD456,000,000USD
    Operating Income600,000,000USD517,000,000USD373,000,000USD491,000,000USD472,000,000USD334,000,000USD430,000,000USD308,000,000USD
    Total Other Income Expense Net-82,000,000USD-48,000,000USD-82,000,000USD-66,000,000USD-22,000,000USD-50,000,000USD-45,000,000USD-28,000,000USD
    Interest Expense80,000,000USD71,000,000USD68,000,000USD65,000,000USD46,000,000USD53,000,000USD49,000,000USD55,000,000USD
    Income Before Tax518,000,000USD469,000,000USD291,000,000USD425,000,000USD450,000,000USD284,000,000USD385,000,000USD280,000,000USD
    Income Tax Expense122,000,000USD106,000,000USD87,000,000USD112,000,000USD111,000,000USD71,000,000USD94,000,000USD63,000,000USD
    Net Income396,000,000USD362,000,000USD202,000,000USD310,000,000USD336,000,000USD212,000,000USD289,000,000USD215,000,000USD
    Minority Interest1,000,000USD-1,000,000USD-2,000,000USD-3,000,000USD-3,000,000USD-1,000,000USD-2,000,000USD-2,000,000USD
    Net Income Applicable To Common Shares395,000,000USD—202,000,000USD310,000,000USD336,000,000USD212,000,000USD——
    Unclassified Operating Expenses—87,000,000USD-13,000,000USD77,000,000USD69,000,000USD97,000,000USD71,000,000USD99,000,000USD
    Net Interest Income—-71,000,000USD-68,000,000USD-65,000,000USD-46,000,000USD-53,000,000USD-49,000,000USD-55,000,000USD
    Tax Provision—106,000,000USD87,000,000USD112,000,000USD111,000,000USD71,000,000USD94,000,000USD63,000,000USD
    Net Income From Continuing Ops—363,000,000USD204,000,000USD313,000,000USD339,000,000USD213,000,000USD291,000,000USD217,000,000USD
    Ebit—494,000,000USD359,000,000USD490,000,000USD496,000,000USD337,000,000USD434,000,000USD335,000,000USD
    Ebitda—581,000,000USD495,000,000USD640,000,000USD601,000,000USD455,000,000USD540,000,000USD480,000,000USD
    Depreciation And Amortization—87,000,000USD136,000,000USD150,000,000USD105,000,000USD118,000,000USD106,000,000USD145,000,000USD
    Reconciled Depreciation—129,000,000USD128,000,000USD114,000,000USD105,000,000USD118,000,000USD106,000,000USD145,000,000USD
    Interest Income——68,000,000USD67,000,000USD23,000,000USD56,000,000USD——
    Selling And Marketing Expenses—————1,000,000USD2,000,000USD—
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20172017-12-31 · USDFY 20152015-12-31 · USDFY 20142014-12-31 · USDFY 20132013-12-31 · USDFY 20122012-12-31 · USDFY 20112011-12-31 · USD
    Total Revenue7,556,000,000USD8,200,000,000USD3,881,700,000USD3,307,998,000USD3,044,454,000USD2,566,392,000USD2,391,122,000USD1,967,637,000USD
    Cost Of Revenue5,419,000,000USD5,922,000,000USD2,816,400,000USD2,260,182,000USD2,108,472,000USD1,802,365,000USD1,696,555,000USD1,397,213,000USD
    Gross Profit2,137,000,000USD2,278,000,000USD1,065,300,000USD1,047,816,000USD935,982,000USD764,027,000USD694,567,000USD570,424,000USD
    Research Development162,100,000USD209,900,000USD95,166,000USD71,213,000USD61,886,000USD46,289,000USD41,307,000USD37,193,000USD
    Selling General Administrative948,000,000USD1,166,600,000USD511,898,000USD347,373,000USD324,539,000USD262,718,000USD245,709,000USD247,534,000USD
    Unclassified Operating Expenses281,900,000USD238,500,000USD37,136,000USD21,663,000USD22,448,000USD17,710,000USD15,272,000USD14,996,000USD
    Total Operating Expenses1,392,000,000USD1,615,000,000USD644,200,000USD440,249,000USD408,873,000USD326,717,000USD302,288,000USD299,723,000USD
    Operating Income745,000,000USD663,000,000USD421,100,000USD607,567,000USD527,109,000USD437,310,000USD392,279,000USD270,701,000USD
    Interest Income198,900,000USD224,500,000USD77,884,000USD21,547,000USD————
    Interest Expense199,000,000USD219,000,000USD77,900,000USD16,888,000USD17,574,000USD15,341,000USD14,251,000USD15,007,000USD
    Net Interest Income-198,900,000USD-219,100,000USD-68,704,000USD—————
    Income Before Tax557,000,000USD447,000,000USD352,100,000USD585,368,000USD507,855,000USD421,087,000USD377,358,000USD255,314,000USD
    Income Tax Expense145,000,000USD120,000,000USD89,800,000USD186,740,000USD156,175,000USD128,852,000USD125,626,000USD85,165,000USD
    Tax Provision144,900,000USD120,300,000USD89,773,000USD186,740,000USD————
    Net Income414,000,000USD327,000,000USD262,300,000USD398,628,000USD351,680,000USD292,235,000USD251,732,000USD170,149,000USD
    Net Income From Continuing Ops412,300,000USD326,500,000USD262,290,000USD398,628,000USD351,680,000USD292,235,000USD251,732,000USD—
    Ebit756,000,000USD666,000,000USD430,000,000USD602,256,000USD525,429,000USD436,428,000USD391,609,000USD270,321,000USD
    Ebitda1,141,000,000USD985,000,000USD533,200,000USD666,990,000USD586,690,000USD487,621,000USD435,745,000USD315,170,000USD
    Depreciation And Amortization385,000,000USD319,000,000USD103,200,000USD64,734,000USD61,261,000USD51,193,000USD44,136,000USD44,849,000USD
    Reconciled Depreciation385,100,000USD319,200,000USD103,248,000USD—————
    Total Other Income Expense Net-188,000,000USD-216,000,000USD-69,000,000USD-22,199,000USD-19,254,000USD-16,223,000USD-14,921,000USD-15,387,000USD
    Non Operating Income Net Other11,600,000USD2,800,000USD—-5,311,000USD-1,680,000USD-882,000USD-670,000USD—
    Minority Interest-2,100,000USD-200,000USD29,000USD1,732,000USD1,056,000USD———
    Net Income Applicable To Common Shares414,400,000USD326,700,000USD262,261,000USD398,628,000USD351,680,000USD292,235,000USD251,732,000USD170,149,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets23,128,000,000USD23,196,000,000USD22,069,000,000USD21,527,000,000USD20,391,000,000USD19,096,000,000USD18,702,000,000USD18,644,000,000USD
    Cash And Equivalents670,000,000USD—789,000,000USD528,000,000USD1,499,000,000USD698,000,000USD715,000,000USD410,000,000USD
    Total Current Assets6,041,000,000USD5,973,000,000USD5,694,000,000USD5,788,000,000USD6,354,000,000USD5,255,000,000USD4,943,000,000USD4,774,000,000USD
    Other Current Assets345,000,000USD340,000,000USD263,000,000USD315,000,000USD298,000,000USD256,000,000USD221,000,000USD211,000,000USD
    Other Non Current Assets709,000,000USD———————
    Total Liabilities11,884,000,000USD———————
    Total Current Liabilities5,387,000,000USD5,835,000,000USD5,150,000,000USD4,064,000,000USD3,606,000,000USD3,927,000,000USD3,792,000,000USD3,681,000,000USD
    Other Non Current Liabilities858,000,000USD———————
    Total Stockholder Equity11,214,000,000USD11,151,000,000USD11,190,000,000USD11,095,000,000USD10,801,000,000USD10,368,000,000USD10,091,000,000USD10,250,000,000USD
    Total Equity Including Noncontrolling Interest11,244,000,000USD———————
    Short Long Term Debt1,656,000,000USD1,830,000,000USD1,250,000,000USD251,000,000USD—504,000,000USD500,000,000USD500,000,000USD
    Long Term Debt4,915,000,000USD4,708,000,000USD4,291,000,000USD5,285,000,000USD4,784,000,000USD3,503,000,000USD3,480,000,000USD3,517,000,000USD
    Deferred Revenue878,000,000USD———————
    Deferred Revenue Non Current342,000,000USD———————
    Net Receivables1,720,000,000USD2,252,000,000USD1,897,000,000USD2,198,000,000USD1,999,000,000USD1,932,000,000USD1,702,000,000USD1,782,000,000USD
    Inventory2,857,000,000USD2,850,000,000USD2,745,000,000USD2,747,000,000USD2,571,000,000USD2,378,000,000USD2,314,000,000USD2,380,000,000USD
    Property Plant Equipment Net1,653,000,000USD1,653,000,000USD1,616,000,000USD1,534,000,000USD1,476,000,000USD1,462,000,000USD1,447,000,000USD1,439,000,000USD
    Goodwill10,603,000,000USD———————
    Intangible Assets4,122,000,000USD4,239,000,000USD3,838,000,000USD3,546,000,000USD2,889,000,000USD2,892,000,000USD2,934,000,000USD2,996,000,000USD
    Accounts Payable1,427,000,000USD1,423,000,000USD1,402,000,000USD1,429,000,000USD1,407,000,000USD1,324,000,000USD1,300,000,000USD1,338,000,000USD
    Common Stock1,000,000USD1,000,000USD1,000,000USD1,000,000USD1,000,000USD1,000,000USD2,000,000USD2,000,000USD
    Retained Earnings4,529,000,000USD4,187,000,000USD3,878,000,000USD3,719,000,000USD3,452,000,000USD3,160,000,000USD6,185,000,000USD6,007,000,000USD
    Accumulated Other Comprehensive Income-729,000,000USD-689,000,000USD-616,000,000USD-604,000,000USD-561,000,000USD-733,000,000USD-846,000,000USD-607,000,000USD
    Total Liab—12,045,000,000USD10,879,000,000USD10,432,000,000USD9,546,000,000USD8,682,000,000USD8,569,000,000USD8,353,000,000USD
    Other Current Liab—2,523,000,000USD2,421,000,000USD1,444,000,000USD1,263,000,000USD1,303,000,000USD1,299,000,000USD1,276,000,000USD
    Capital Stock—1,000,000USD1,000,000USD1,000,000USD1,000,000USD1,000,000USD2,000,000USD2,000,000USD
    Good Will—10,625,000,000USD10,216,000,000USD9,853,000,000USD8,936,000,000USD8,787,000,000USD8,710,000,000USD8,786,000,000USD
    Cash—531,000,000USD789,000,000USD528,000,000USD1,486,000,000USD689,000,000USD706,000,000USD401,000,000USD
    Cash And Short Term Investments—531,000,000USD789,000,000USD528,000,000USD1,486,000,000USD689,000,000USD706,000,000USD401,000,000USD
    Net Debt—6,386,000,000USD5,459,000,000USD4,757,000,000USD3,298,000,000USD3,318,000,000USD3,274,000,000USD3,616,000,000USD
    Short Term Debt—1,889,000,000USD1,327,000,000USD251,000,000USD33,000,000USD504,000,000USD500,000,000USD500,000,000USD
    Short Long Term Debt Total—6,917,000,000USD6,248,000,000USD5,285,000,000USD4,784,000,000USD4,007,000,000USD3,980,000,000USD4,017,000,000USD
    Common Stock Shares Outstanding—170,700,000shares171,000,000shares171,200,000shares171,200,000shares171,300,000shares172,000,000shares174,100,000shares
    Non Current Assets Total—17,223,000,000USD16,375,000,000USD15,739,000,000USD14,037,000,000USD13,841,000,000USD13,759,000,000USD13,870,000,000USD
    Non Current Liabilities Total—6,210,000,000USD5,729,000,000USD6,368,000,000USD5,940,000,000USD4,755,000,000USD4,777,000,000USD4,672,000,000USD
    Non Current Liabilities Other—773,000,000USD832,000,000USD466,000,000USD681,000,000USD802,000,000USD863,000,000USD798,000,000USD
    Non Currrent Assets Other—576,000,000USD584,000,000USD615,000,000USD545,000,000USD503,000,000USD459,000,000USD474,000,000USD
    Net Working Capital—138,000,000USD544,000,000USD1,724,000,000USD2,748,000,000USD1,328,000,000USD1,151,000,000USD1,093,000,000USD
    Unclassified Current Liabilities—-1,830,000,000USD-1,250,000,000USD-251,000,000USD—-504,000,000USD-500,000,000USD-500,000,000USD
    Unclassified Non Current Liabilities—729,000,000USD606,000,000USD617,000,000USD475,000,000USD450,000,000USD434,000,000USD357,000,000USD
    Unclassified Equity—7,651,000,000USD7,926,000,000USD7,978,000,000USD7,908,000,000USD7,939,000,000USD4,748,000,000USD4,846,000,000USD
    Other Assets——705,000,000USD615,000,000USD545,000,000USD503,000,000USD498,000,000USD474,000,000USD
    Property Plant Equipment Gross——3,107,000,000USD———2,753,000,000USD—
    Unclassified Non Current Assets——-584,000,000USD-424,000,000USD-354,000,000USD-306,000,000USD-289,000,000USD-299,000,000USD
    Current Deferred Revenue———940,000,000USD936,000,000USD796,000,000USD693,000,000USD567,000,000USD
    Short Term Investments——————9,000,000USD9,000,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets22,069,000,000USD18,702,000,000USD18,988,000,000USD18,516,000,000USD18,454,000,000USD18,454,500,000USD18,886,200,000USD8,649,234,000USD
    Intangible Assets3,838,000,000USD2,934,000,000USD3,205,000,000USD3,402,000,000USD3,705,000,000USD3,869,200,000USD4,104,000,000USD1,129,880,000USD
    Other Current Assets263,000,000USD221,000,000USD267,000,000USD233,000,000USD193,000,000USD226,500,000USD150,900,000USD115,649,000USD
    Total Liab10,879,000,000USD8,569,000,000USD8,464,000,000USD8,369,000,000USD8,215,000,000USD8,301,800,000USD8,892,600,000USD5,780,159,000USD
    Total Stockholder Equity11,142,000,000USD10,091,000,000USD10,487,000,000USD10,102,000,000USD10,239,000,000USD10,152,700,000USD9,993,600,000USD2,869,075,000USD
    Other Current Liab1,483,000,000USD1,299,000,000USD1,221,000,000USD1,143,000,000USD1,267,000,000USD1,227,000,000USD1,400,600,000USD619,604,000USD
    Common Stock1,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD1,323,000USD
    Capital Stock1,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD1,323,000USD
    Retained Earnings3,878,000,000USD6,185,000,000USD5,269,000,000USD4,577,000,000USD4,055,000,000USD3,588,900,000USD3,267,000,000USD3,021,968,000USD
    Good Will10,216,000,000USD8,710,000,000USD8,780,000,000USD8,508,000,000USD8,587,000,000USD8,485,200,000USD8,360,600,000USD2,396,544,000USD
    Other Assets705,000,000USD459,000,000USD473,000,000USD850,000,000USD833,000,000USD620,000,000USD631,700,000USD109,400,000USD
    Cash789,000,000USD706,000,000USD620,000,000USD541,000,000USD473,000,000USD598,700,000USD604,200,000USD580,908,000USD
    Cash And Equivalents789,000,000USD715,000,000USD620,000,000USD541,000,000USD473,000,000USD598,700,000USD604,200,000USD580,908,000USD
    Cash And Short Term Investments789,000,000USD706,000,000USD620,000,000USD541,000,000USD473,000,000USD598,700,000USD604,200,000USD580,908,000USD
    Total Current Assets5,694,000,000USD4,943,000,000USD4,855,000,000USD4,327,000,000USD3,832,000,000USD3,879,800,000USD4,192,100,000USD4,449,667,000USD
    Total Current Liabilities5,150,000,000USD3,792,000,000USD4,056,000,000USD3,467,000,000USD2,910,000,000USD3,226,300,000USD3,258,000,000USD1,646,690,000USD
    Current Deferred Revenue1,015,000,000USD693,000,000USD804,000,000USD772,000,000USD629,000,000USD642,700,000USD604,200,000USD373,538,000USD
    Net Debt4,752,000,000USD3,274,000,000USD3,449,000,000USD3,461,000,000USD3,583,000,000USD3,193,500,000USD3,729,400,000USD3,211,866,000USD
    Short Term Debt1,250,000,000USD500,000,000USD781,000,000USD251,000,000USD2,000,000USD447,200,000USD95,700,000USD64,099,000USD
    Short Long Term Debt1,250,000,000USD500,000,000USD781,000,000USD251,000,000USD2,000,000USD447,200,000USD95,700,000USD64,099,000USD
    Short Long Term Debt Total5,541,000,000USD3,980,000,000USD4,069,000,000USD4,002,000,000USD4,058,000,000USD4,239,400,000USD4,429,300,000USD3,856,873,000USD
    Long Term Debt4,291,000,000USD3,480,000,000USD3,288,000,000USD3,751,000,000USD4,056,000,000USD3,792,200,000USD4,333,600,000USD3,792,774,000USD
    Net Receivables1,897,000,000USD1,702,000,000USD1,684,000,000USD1,519,000,000USD1,477,000,000USD1,412,500,000USD1,663,900,000USD1,146,778,000USD
    Inventory2,745,000,000USD2,314,000,000USD2,284,000,000USD2,034,000,000USD1,689,000,000USD1,642,100,000USD1,773,100,000USD844,886,000USD
    Accounts Payable1,402,000,000USD1,300,000,000USD1,250,000,000USD1,301,000,000USD1,012,000,000USD909,400,000USD1,157,500,000USD589,449,000USD
    Property Plant Equipment Net1,616,000,000USD1,447,000,000USD1,485,000,000USD1,429,000,000USD1,497,000,000USD1,601,600,000USD1,655,800,000USD563,737,000USD
    Property Plant Equipment Gross3,107,000,000USD2,753,000,000USD2,675,000,000USD1,429,000,000USD1,497,000,000USD1,601,000,000USD1,655,800,000USD563,737,000USD
    Accumulated Other Comprehensive Income-616,000,000USD-846,000,000USD-590,000,000USD-661,000,000USD-466,000,000USD-339,100,000USD-382,600,000USD-256,583,000USD
    Common Stock Shares Outstanding171,100,000shares174,800,000shares179,500,000shares182,800,000shares188,100,000shares190,400,000shares177,300,000shares96,500,000shares
    Non Current Assets Total16,375,000,000USD13,759,000,000USD14,133,000,000USD14,189,000,000USD14,622,000,000USD14,574,700,000USD14,694,100,000USD4,199,567,000USD
    Non Current Liabilities Total5,729,000,000USD4,777,000,000USD4,408,000,000USD4,902,000,000USD5,305,000,000USD5,075,500,000USD5,634,600,000USD4,133,469,000USD
    Non Current Liabilities Other832,000,000USD863,000,000USD740,000,000USD104,000,000USD218,000,000USD113,500,000USD113,000,000USD142,426,000USD
    Non Currrent Assets Other705,000,000USD459,000,000USD473,000,000USD583,000,000USD833,000,000USD618,700,000USD573,700,000USD109,406,000USD
    Net Working Capital544,000,000USD1,151,000,000USD799,000,000USD860,000,000USD922,000,000USD653,500,000USD934,100,000USD2,802,977,000USD
    Unclassified Non Current Assets-705,000,000USD-250,000,000USD-283,000,000USD-583,000,000USD-833,000,000USD-620,000,000USD-631,700,000USD-109,400,000USD
    Unclassified Current Liabilities-1,250,000,000USD-500,000,000USD-781,000,000USD-251,000,000USD—-447,200,000USD-95,700,000USD-64,099,000USD
    Unclassified Non Current Liabilities606,000,000USD434,000,000USD380,000,000USD192,000,000USD-218,000,000USD-113,500,000USD—-340,700,000USD
    Unclassified Equity7,878,000,000USD4,748,000,000USD5,804,000,000USD6,182,000,000USD7,952,000,000USD7,909,000,000USD7,912,300,000USD917,189,000USD
    Short Term Investments——154,000,000USD—————
    Unclassified Current Assets——-154,000,000USD————1,761,446,000USD
    Other Liab———855,000,000USD1,249,000,000USD1,283,300,000USD1,138,900,000USD340,700,000USD
    Net Tangible Assets———10,102,000,000USD10,201,000,000USD-2,232,100,000USD-2,508,100,000USD-661,293,000USD
    Treasury Stock————-1,306,000,000USD-1,010,100,000USD-807,100,000USD-816,145,000USD
    Accumulated Depreciation——————-560,200,000USD-472,813,000USD
    Deferred Long Term Liab———————198,269,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Net Income759,000,000USD
    Depreciation282,000,000USD
    Stock Based Compensation50,000,000USD
    Change To Account Receivables-229,000,000USD
    Change To Inventory-35,000,000USD
    Change To Liabilities20,000,000USD
    Operating Cash Flow640,000,000USD
    Capital Expenditures-108,000,000USD
    Other Investing Activities-1,052,000,000USD
    Investing Cash Flow-1,160,000,000USD
    Net Debt Issuance1,049,000,000USD
    Net Common Stock Issuance-511,000,000USD
    Common Dividends Paid-106,000,000USD
    Other Financing Activities-24,000,000USD
    Financing Cash Flow408,000,000USD
    Effect Of Forex Changes On Cash-7,000,000USD
    Change In Cash-119,000,000USD
    End Cash Flow670,000,000USD
    SourceDisclosureDeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USDQ1 20242024-03-31 · USD
    Net Income363,000,000USD204,000,000USD313,000,000USD339,000,000USD327,000,000USD286,000,000USD289,000,000USD272,000,000USD
    Depreciation151,000,000USD128,000,000USD-215,000,000USD105,000,000USD110,000,000USD123,000,000USD106,000,000USD112,000,000USD
    Stock Based Compensation22,000,000USD22,000,000USD-36,000,000USD19,000,000USD17,000,000USD18,000,000USD17,000,000USD12,000,000USD
    Other Non Cash Items-22,000,000USD60,000,000USD391,000,000USD-32,000,000USD-263,000,000USD-81,000,000USD-1,000,000USD7,000,000USD
    Change To Account Receivables-305,000,000USD332,000,000USD-125,000,000USD-17,000,000USD-226,000,000USD54,000,000USD-267,000,000USD121,000,000USD
    Change To Inventory-28,000,000USD46,000,000USD-48,000,000USD-151,000,000USD-29,000,000USD5,000,000USD-35,000,000USD-85,000,000USD
    Change In Working Capital-315,000,000USD578,000,000USD-86,000,000USD-222,000,000USD-263,000,000USD115,000,000USD-176,000,000USD-69,000,000USD
    Total Cash From Operating Activities199,000,000USD992,000,000USD367,000,000USD209,000,000USD191,000,000USD542,000,000USD235,000,000USD334,000,000USD
    Capital Expenditures-46,000,000USD-122,000,000USD83,000,000USD-39,000,000USD-44,000,000USD-46,000,000USD-46,000,000USD-31,000,000USD
    Free Cash Flow153,000,000USD870,000,000USD450,000,000USD170,000,000USD147,000,000USD496,000,000USD189,000,000USD303,000,000USD
    Total Cashflows From Investing Activities-1,105,000,000USD-860,000,000USD-1,789,000,000USD-54,000,000USD-44,000,000USD-49,000,000USD-38,000,000USD-19,000,000USD
    Net Borrowings1,012,000,000USD249,000,000USD500,000,000USD731,000,000USD4,000,000USD-4,000,000USD——
    Total Cash From Financing Activities656,000,000USD124,000,000USD453,000,000USD626,000,000USD-172,000,000USD-686,000,000USD-234,000,000USD-289,000,000USD
    Dividends Paid-53,000,000USD-43,000,000USD-43,000,000USD-44,000,000USD-43,000,000USD-35,000,000USD-35,000,000USD-36,000,000USD
    Sale Purchase Of Stock-242,000,000USD-75,000,000USD148,000,000USD-50,000,000USD-98,000,000USD-599,000,000USD-200,000,000USD-175,000,000USD
    Change In Cash-258,000,000USD261,000,000USD-971,000,000USD801,000,000USD-17,000,000USD-185,000,000USD-44,000,000USD19,000,000USD
    Begin Period Cash Flow789,000,000USD528,000,000USD1,499,000,000USD698,000,000USD715,000,000USD595,000,000USD639,000,000USD620,000,000USD
    End Period Cash Flow531,000,000USD789,000,000USD528,000,000USD1,499,000,000USD698,000,000USD410,000,000USD595,000,000USD639,000,000USD
    Other Cashflows From Investing Activities3,000,000USD20,000,000USD-132,000,000USD-15,000,000USD0USD-7,000,000USD8,000,000USD12,000,000USD
    Other Cashflows From Financing Activities-61,000,000USD-7,000,000USD-152,000,000USD-11,000,000USD-35,000,000USD-48,000,000USD5,000,000USD-20,000,000USD
    Unclassified Investing Cash Flow-1,062,000,000USD-758,000,000USD49,000,000USD54,000,000USD44,000,000USD53,000,000USD38,000,000USD19,000,000USD
    Investments——-1,789,000,000USD-54,000,000USD-44,000,000USD-49,000,000USD-38,000,000USD-19,000,000USD
    Unclassified Operating Cash Flow————263,000,000USD81,000,000USD——
    Unclassified Financing Cash Flow——————-4,000,000USD-58,000,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Net Income1,183,000,000USD1,067,000,000USD825,000,000USD641,000,000USD565,000,000USD412,300,000USD326,500,000USD291,703,000USD
    Depreciation457,000,000USD459,000,000USD477,000,000USD426,000,000USD441,000,000USD385,100,000USD319,200,000USD109,297,000USD
    Stock Based Compensation80,000,000USD66,000,000USD47,000,000USD41,000,000USD46,000,000USD19,500,000USD50,000,000USD25,315,000USD
    Other Non Cash Items21,000,000USD4,000,000USD7,000,000USD3,000,000USD-4,000,000USD-29,400,000USD15,900,000USD898,000USD
    Change To Account Receivables-36,000,000USD-34,000,000USD-195,000,000USD-52,000,000USD-76,000,000USD315,000,000USD-6,300,000USD-54,611,000USD
    Change To Inventory-182,000,000USD-117,000,000USD-58,000,000USD-368,000,000USD-41,000,000USD180,800,000USD255,900,000USD-108,883,000USD
    Change In Working Capital7,000,000USD187,000,000USD-97,000,000USD-109,000,000USD-63,000,000USD-33,200,000USD331,200,000USD-107,243,000USD
    Total Cash From Operating Activities1,759,000,000USD1,834,000,000USD1,201,000,000USD1,038,000,000USD1,073,000,000USD783,700,000USD1,015,500,000USD314,671,000USD
    Capital Expenditures-260,000,000USD-207,000,000USD-186,000,000USD-149,000,000USD-130,000,000USD-136,400,000USD-185,300,000USD-93,305,000USD
    Free Cash Flow1,499,000,000USD1,627,000,000USD1,015,000,000USD889,000,000USD943,000,000USD647,300,000USD830,200,000USD221,366,000USD
    Investments20,000,000USD-343,000,000USD-422,000,000USD-235,000,000USD-540,000,000USD-155,400,000USD-3,177,800,000USD-147,287,000USD
    Total Cashflows From Investing Activities-2,747,000,000USD-343,000,000USD-492,000,000USD-235,000,000USD-540,000,000USD-155,400,000USD-3,177,800,000USD-147,287,000USD
    Net Borrowings1,484,000,000USD-64,000,000USD42,000,000USD-30,000,000USD-161,000,000USD-199,300,000USD558,800,000USD2,026,748,000USD
    Total Cash From Financing Activities1,031,000,000USD-1,371,000,000USD-633,000,000USD-708,000,000USD-653,000,000USD-619,000,000USD461,500,000USD1,978,111,000USD
    Dividends Paid-173,000,000USD-140,000,000USD-123,000,000USD-111,000,000USD-92,000,000USD-92,500,000USD-81,700,000USD-46,277,000USD
    Sale Purchase Of Stock-223,000,000USD-1,097,000,000USD-409,000,000USD-473,000,000USD-300,000,000USD-207,200,000USD800,000USD9,962,000USD
    Change In Cash74,000,000USD95,000,000USD79,000,000USD68,000,000USD-126,000,000USD-5,500,000USD-1,738,100,000USD2,108,953,000USD
    Begin Period Cash Flow715,000,000USD620,000,000USD541,000,000USD473,000,000USD599,000,000USD604,200,000USD2,342,300,000USD233,401,000USD
    End Period Cash Flow789,000,000USD715,000,000USD620,000,000USD541,000,000USD473,000,000USD598,700,000USD604,200,000USD2,342,354,000USD
    Other Cashflows From Investing Activities20,000,000USD13,000,000USD2,000,000USD-86,000,000USD-410,000,000USD-19,000,000USD-2,992,500,000USD-2,829,000USD
    Other Cashflows From Financing Activities-57,000,000USD-70,000,000USD-143,000,000USD5,993,000,000USD-100,000,000USD-120,000,000USD3,966,800,000USD-2,300,000USD
    Unclassified Investing Cash Flow-2,527,000,000USD194,000,000USD114,000,000USD235,000,000USD540,000,000USD155,400,000USD3,177,800,000USD96,134,000USD
    Unclassified Operating Cash Flow—51,000,000USD-58,000,000USD36,000,000USD88,000,000USD29,400,000USD-27,300,000USD-5,299,000USD
    Change To Liabilities———421,000,000USD189,000,000USD-303,500,000USD-145,500,000USD88,387,000USD
    Cash And Cash Equivalents Changes———95,000,000USD-120,000,000USD9,300,000USD-1,700,800,000USD2,145,495,000USD
    Unclassified Financing Cash Flow———-6,087,000,000USD——-3,983,200,000USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    Total Multi-Year Backlog

    Period endPeriodValueUnitSource
    2026-06-30instant30.9USD billionsDisclosure

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q2 2026Quarterly · 2026-06-30ProductProduct2,670,000,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductServices509,000,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentFreight2,243,000,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentTransit936,000,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductProduct2,531,000,000USD0001628280-26-026422
    Q1 2026Quarterly · 2026-03-31ProductServices419,000,000USD0001628280-26-026422
    Q1 2026Quarterly · 2026-03-31SegmentFreight2,115,000,000USD0001628280-26-026422
    Q1 2026Quarterly · 2026-03-31SegmentTransit835,000,000USD0001628280-26-026422
    Q4 2025Quarterly · 2025-12-31ProductProduct2,453,000,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductServices512,000,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31SegmentFreight2,123,000,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31SegmentTransit842,000,000USDLegacy provider
    FY 2025Yearly · 2025-12-31ProductProduct9,261,000,000USD0001628280-26-008067
    FY 2025Yearly · 2025-12-31ProductServices1,906,000,000USD0001628280-26-008067
    FY 2025Yearly · 2025-12-31SegmentFreight8,036,000,000USD0001628280-26-008067
    FY 2025Yearly · 2025-12-31SegmentTransit3,131,000,000USD0001628280-26-008067
    Q3 2025Quarterly · 2025-09-30ProductProduct2,425,000,000USD0001628280-25-045790
    Q3 2025Quarterly · 2025-09-30ProductServices461,000,000USD0001628280-25-045790
    Q3 2025Quarterly · 2025-09-30SegmentFreight2,093,000,000USD0001628280-25-045790
    Q3 2025Quarterly · 2025-09-30SegmentTransit793,000,000USD0001628280-25-045790
    Q2 2025Quarterly · 2025-06-30ProductProduct2,226,000,000USD0001628280-25-035852
    Q2 2025Quarterly · 2025-06-30ProductServices480,000,000USD0001628280-25-035852
    Q2 2025Quarterly · 2025-06-30SegmentFreight1,919,000,000USD0001628280-25-035852
    Q2 2025Quarterly · 2025-06-30SegmentTransit787,000,000USD0001628280-25-035852
    Q1 2025Quarterly · 2025-03-31ProductProduct2,157,000,000USD0001628280-26-026422
    Q1 2025Quarterly · 2025-03-31ProductServices453,000,000USD0001628280-26-026422
    Q1 2025Quarterly · 2025-03-31SegmentFreight1,901,000,000USD0001628280-26-026422
    Q1 2025Quarterly · 2025-03-31SegmentTransit709,000,000USD0001628280-26-026422
    Q4 2024Quarterly · 2024-12-31ProductProduct2,111,000,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31ProductServices472,000,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31SegmentFreight1,794,000,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31SegmentTransit789,000,000USDLegacy provider
    FY 2024Yearly · 2024-12-31ProductProduct8,434,000,000USD0001628280-26-008067
    FY 2024Yearly · 2024-12-31ProductServices1,953,000,000USD0001628280-26-008067
    FY 2024Yearly · 2024-12-31SegmentFreight7,468,000,000USD0001628280-26-008067
    FY 2024Yearly · 2024-12-31SegmentTransit2,919,000,000USD0001628280-26-008067
    Q3 2024Quarterly · 2024-09-30ProductProduct2,171,000,000USD0001628280-25-045790
    Q3 2024Quarterly · 2024-09-30ProductServices492,000,000USD0001628280-25-045790
    Q3 2024Quarterly · 2024-09-30SegmentFreight1,930,000,000USD0001628280-25-045790
    Q3 2024Quarterly · 2024-09-30SegmentTransit733,000,000USD0001628280-25-045790
    FY 2023Yearly · 2023-12-31ProductProduct7,647,000,000USD0001628280-26-008067
    FY 2023Yearly · 2023-12-31ProductServices2,030,000,000USD0001628280-26-008067
    FY 2023Yearly · 2023-12-31SegmentFreight6,923,000,000USD0001628280-26-008067
    FY 2023Yearly · 2023-12-31SegmentTransit2,754,000,000USD0001628280-26-008067
    FY 2022Yearly · 2022-12-31ProductProduct6,459,000,000USD0001628280-25-005100
    FY 2022Yearly · 2022-12-31ProductServices1,903,000,000USD0001628280-25-005100
    FY 2022Yearly · 2022-12-31SegmentFreight5,979,000,000USD0001628280-25-005100
    FY 2022Yearly · 2022-12-31SegmentTransit2,383,000,000USD0001628280-25-005100
    FY 2021Yearly · 2021-12-31ProductProduct6,205,000,000USD0001628280-24-004774
    FY 2021Yearly · 2021-12-31ProductServices1,617,000,000USD0001628280-24-004774
    FY 2021Yearly · 2021-12-31SegmentFreight5,239,000,000USD0001628280-24-004774
    FY 2021Yearly · 2021-12-31SegmentTransit2,583,000,000USD0001628280-24-004774
    FY 2020Yearly · 2020-12-31ProductProduct6,233,000,000USD0001628280-23-003675
    FY 2020Yearly · 2020-12-31ProductServices1,323,000,000USD0001628280-23-003675
    FY 2020Yearly · 2020-12-31SegmentFreight5,082,000,000USD0001628280-23-003675
    FY 2020Yearly · 2020-12-31SegmentTransit2,474,000,000USD0001628280-23-003675
    FY 2019Yearly · 2019-12-31ProductProduct6,908,000,000USD0001628280-22-002997
    FY 2019Yearly · 2019-12-31ProductServices1,292,000,000USD0001628280-22-002997
    FY 2019Yearly · 2019-12-31SegmentFreight5,441,000,000USD0001628280-22-002997
    FY 2019Yearly · 2019-12-31SegmentTransit2,759,000,000USD0001628280-22-002997
    FY 2019Yearly · 2019-12-31GeographyCanada733,300,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyChina290,400,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyFrance296,400,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyGermany340,000,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyIN504,200,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyItaly294,300,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyMX356,600,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyOther International1,627,600,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyUnited Kingdom376,200,000USD0001628280-20-002098
    FY 2019Yearly · 2019-12-31GeographyUnited States3,381,000,000USD0001628280-20-002098
    FY 2018Yearly · 2018-12-31ProductAll Other197,446,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31ProductBrake Products885,464,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31ProductElectronics And Other Freight Related Products1,631,966,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31ProductRemanufacturing Overhaul And Build537,122,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31ProductTransit Products1,111,549,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31SegmentFreight1,766,400,000USD0001628280-21-002557
    FY 2018Yearly · 2018-12-31SegmentTransit2,597,100,000USD0001628280-21-002557
    FY 2018Yearly · 2018-12-31GeographyAustralia173,539,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyBR67,572,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyCanada278,979,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyChina170,297,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyFrance247,804,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyGermany314,703,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyIN178,491,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyItaly189,839,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyMX200,642,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyOther International685,636,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyUnited Kingdom395,767,000USD0001628280-19-002095
    FY 2018Yearly · 2018-12-31GeographyUnited States1,460,278,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyAustralia136,127,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyBR69,378,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyCanada279,013,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyChina178,137,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyFrance237,454,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyGermany208,817,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyIN137,837,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyItaly142,037,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyMX160,029,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyOther International652,653,000USD0001628280-19-002095
    FY 2017Yearly · 2017-12-31GeographyUnited Kingdom356,493,000USD0001628280-19-002095

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.