WAB Q2 2024 Earnings — Westinghouse Air Brake Technologies Corporation Revenue & Financial Results | Market Cap Arena

WABWestinghouse Air Brake Technologies Corporation

$43B

Q2 2024 Earnings

Industrials Railroads

Income Statement

Revenue

$2.6B+9.8% YoY

Gross Profit

$874M33.1% margin

Operating Income

$430M16.3% margin

Net Income

$289M10.9% margin

EPS (Diluted)

$1.64

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$235M

Free Cash Flow

$189M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$18.9B

Total Liabilities

$8.4B

Stockholders' Equity

$10.5B

Cash & Equivalents

$590M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.4B	+9.8%
Gross Profit	$874M	$723M	+20.9%
Operating Income	$430M	$312M	+37.8%
Net Income	$289M	$191M	+51.3%

Revenue Segments

Freight Segment

$1.9B72%

Transit Segment

$734M28%