WAB Q3 2023 Earnings — Westinghouse Air Brake Technologies Corporation Revenue & Financial Results | Market Cap Arena

WABWestinghouse Air Brake Technologies Corporation

$43B

Q3 2023 Earnings

Industrials Railroads

Income Statement

Revenue

$2.5B+22.5% YoY

Gross Profit

$792M31.1% margin

Operating Income

$370M14.5% margin

Net Income

$240M9.4% margin

EPS (Diluted)

$1.34

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$425M

Free Cash Flow

$386M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$18.8B

Total Liabilities

$8.4B

Stockholders' Equity

$10.3B

Cash & Equivalents

$385M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.1B	+22.5%
Gross Profit	$792M	$648M	+22.2%
Operating Income	$370M	$261M	+41.8%
Net Income	$240M	$160M	+50.0%

Revenue Segments

Freight Segment

$1.9B74%

Transit Segment

$669M26%