WAB Q1 2023 Earnings — Westinghouse Air Brake Technologies Corporation Revenue & Financial Results | Market Cap Arena

WABWestinghouse Air Brake Technologies Corporation

$43B

Q1 2023 Earnings

Industrials Railroads

Income Statement

Revenue

$2.2B+13.9% YoY

Gross Profit

$665M30.3% margin

Operating Income

$276M12.6% margin

Net Income

$169M7.7% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$57M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$18.7B

Total Liabilities

$8.5B

Stockholders' Equity

$10.1B

Cash & Equivalents

$410M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$1.9B	+13.9%
Gross Profit	$665M	$595M	+11.8%
Operating Income	$276M	$239M	+15.5%
Net Income	$169M	$149M	+13.4%

Revenue Segments

Freight Segment

$1.6B71%

Transit Segment

$639M29%