Sector: Industrials | Industry: Heavy Machinery & Vehicles |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 30 Isabella Street PITTSBURGH PA 15212 |
Tel: | 1-412-8251869 |
Website: | https://www.wabteccorp.com |
IR: | See website |
Key People | ||
Albert J. Neupaver Chairman of the Board | Eric Gebhardt Executive Vice President, Chief Technology Officer | Rafael O. Santana President, Chief Executive Officer, Director |
John A. Olin Chief Financial Officer, Executive Vice President | Michael E. Fetsko President - Freight and Industrial Components | Nalin Jain President - Digital Electronics Business |
Lilian Leroux President - Transit | Rogerio Mendonca President - Freight Equipment | Pascal Schweitzer President - Transit Group | Nicole Beth Theophilus Chief Human Resource Officer, Executive Vice President |
Business Overview |
Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, is a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Its segments include Freight and Transit. The Freight Segment primarily manufactures new and modernized locomotives; provides aftermarket parts and services to existing locomotives; provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles and buses; supplies rail control and infrastructure products including electronics, signal design and more. |
Financial Overview |
For the fiscal year ended 31 December 2023, Westinghouse Air Brake Technologies Corp revenues increased 16% to $9.68B. Net income increased 29% to $815M. Revenues reflect Freight Segment increase of 16% to $6.96B, Transit Segment increase of 16% to $2.72B, United States segment increase of 22% to $4.55B, Other Europe segment increase of 35% to $520M, Canada segment increase of 17% to $531M. |
Employees: | 29,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $28,941M as of Dec 31, 2023 |
Annual revenue (TTM): | $9,677M as of Dec 31, 2023 |
EBITDA (TTM): | $1,900M as of Dec 31, 2023 |
Net annual income (TTM): | $815.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $892.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $3,449M as of Dec 31, 2023 |
Shares outstanding: | 176,822,250 as of Mar 20, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |