WABWestinghouse Air Brake Technologies Corporation

$43B

Q1 2024 Earnings

Industrials Railroads

Income Statement

Revenue

$2.5B+13.8% YoY

Gross Profit

$815M32.6% margin

Operating Income

$412M16.5% margin

Net Income

$272M10.9% margin

EPS (Diluted)

$1.53

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$334M

Free Cash Flow

$303M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$18.7B

Total Liabilities

$8.2B

Stockholders' Equity

$10.5B

Cash & Equivalents

$634M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.2B	+13.8%
Gross Profit	$815M	$665M	+22.6%
Operating Income	$412M	$276M	+49.3%
Net Income	$272M	$169M	+60.9%

Revenue Segments

Freight Segment

$1.8B73%

Transit Segment

$684M27%

WAB Q1 2024 Earnings — Westinghouse Air Brake Technologies Corporation Revenue & Financial Results | Market Cap Arena