WAB Q2 2023 Earnings — Westinghouse Air Brake Technologies Corporation Revenue & Financial Results | Market Cap Arena

WABWestinghouse Air Brake Technologies Corporation

$43B

Q2 2023 Earnings

Industrials Railroads

Income Statement

Revenue

$2.4B+17.5% YoY

Gross Profit

$723M30.0% margin

Operating Income

$312M13.0% margin

Net Income

$191M7.9% margin

EPS (Diluted)

$1.06

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$77M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$19.0B

Total Liabilities

$8.8B

Stockholders' Equity

$10.2B

Cash & Equivalents

$364M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.0B	+17.5%
Gross Profit	$723M	$645M	+12.1%
Operating Income	$312M	$264M	+18.2%
Net Income	$191M	$166M	+15.1%

Revenue Segments

Freight Segment

$1.7B71%

Transit Segment

$710M29%