WAB Q4 2023 Earnings — Westinghouse Air Brake Technologies Corporation Revenue & Financial Results | Market Cap Arena

WABWestinghouse Air Brake Technologies Corporation

$43B

Q4 2023 Earnings

Industrials Railroads

Income Statement

Revenue

$2.5B+9.5% YoY

Gross Profit

$764M30.2% margin

Operating Income

$308M12.2% margin

Net Income

$215M8.5% margin

EPS (Diluted)

$1.20

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$686M

Free Cash Flow

$609M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$19.0B

Total Liabilities

$8.5B

Stockholders' Equity

$10.5B

Cash & Equivalents

$620M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.3B	+9.5%
Gross Profit	$764M	$652M	+17.2%
Operating Income	$308M	$247M	+24.7%
Net Income	$215M	$158M	+36.1%

Revenue Segments

Freight Segment

$1.8B71%

Transit Segment

$738M29%