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Westinghouse Air Brake Technologies Corp Stock Research

WAB

96.07USD+0.51(+0.53%)Market Closedas of 23 Mar 2023, 09:46 am

Market Summary

USD96.07+0.51
Market Closedas of 23 Mar 2023, 09:46 am
0.53%

WAB Alerts

WAB Stock Price

WAB RSI Chart

WAB Valuation

Market Cap

17.4B

Price/Earnings (Trailing)

27.53

Price/Sales (Trailing)

2.08

EV/EBITDA

14.72

Price/Free Cashflow

19.6

WAB Price/Sales (Trailing)

WAB Profitability

EBT Margin

10.21%

Return on Equity

6.27%

Return on Assets

3.42%

Free Cashflow Yield

5.1%

WAB Fundamentals

WAB Revenue

Revenue (TTM)

8.4B

Revenue Y/Y

11.24%

Revenue Q/Q

10.81%

WAB Earnings

Earnings (TTM)

633.0M

Earnings Y/Y

-16.84%

Earnings Q/Q

-1.25%

Price Action

52 Week Range

77.90107.86
(Low)(High)

Last 7 days

-8.8%

Last 30 days

-7.4%

Last 90 days

-3.9%

Trailing 12 Months

8.0%

WAB Financial Health

Current Ratio

1.25

Debt/Equity

0.43

Debt/Cashflow

0.23

WAB Investor Care

Dividend Yield

0.62%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

2.48%

Diluted EPS (TTM)

3.46

Peers (Alternatives to Westinghouse Air Brake Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
DE
116.4B
55.7B
 -5.98% 1.14%
14.22
2.09
 25.13% 45.08%
CAT
114.8B
59.4B
 -12.45% 2.23%
17.13
1.93
 16.59% 3.25%
ITW
70.3B
15.9B
 -4.56% 11.77%
23.16
4.41
 10.22% 12.62%
PH
40.3B
17.2B
 -10.94% 13.93%
32
2.35
 12.35% -30.65%
WAB
17.4B
8.4B
 -7.45% 8.04%
27.53
2.08
 6.90% 13.44%
MID-CAP
MIDD
7.4B
4.0B
 -9.82% -16.70%
17.02
1.84
 24.06% -10.63%
OSK
5.4B
8.3B
 -10.51% -23.46%
30.91
0.65
 4.14% -62.29%
FLS
4.1B
3.6B
 -13.45% -3.25%
21.49
1.12
 2.09% 49.85%
ALSN
4.0B
2.8B
 -4.91% 14.13%
7.59
1.46
 15.28% 20.14%
MTOR
2.6B
4.3B
 0.61% 53.23%
10.31
0.6
 17.80% 81.88%
TRN
1.9B
2.0B
 -18.67% -28.35%
31.28
0.95
 30.43% -66.98%
SMALL-CAP
WNC
1.2B
2.5B
 -13.52% 53.49%
10.4
0.47
 38.76% 9544.16%
GBX
927.4M
3.2B
 -6.98% -43.14%
47.81
0.29
 68.47% -63.47%
MLR
397.6M
848.5M
 16.88% 16.28%
19.54
0.47
 18.26% 25.17%
RAIL
83.6M
310.8M
 -12.02% -18.48%
-4.08
0.27
 64.77% 63.79%

Financials for Westinghouse Air Brake Tech

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.9%8,3628,1297,9557,9197,822
Gross Profit0%2,5402,5402,4952,4302,369
Operating Expenses1.1%1,5291,5121,5111,5071,493
  S&GA Expenses0.8%1,0291,0211,0301,0341,030
  R&D Expenses4.0%209201191183176
EBITDA-3.1%1,1471,1841,1501,099-
EBITDA Margin-5.8%0.14*0.15*0.14*0.14*-
Earnings Before Taxes-2.8%854879837779737
EBT Margin-5.6%0.10*0.11*0.11*0.10*-
Interest Expenses-5.1%-186-177-171-172-177
Net Income-5.4%633669640596558
Net Income Margin-8.0%0.08*0.08*0.08*0.08*-
Free Cahsflow10.0%889808858819-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.4%18,51618,26218,33318,43818,454
  Current Assets3.0%4,3274,1994,0463,9113,832
    Cash Equivalents5.3%541514501488473
  Inventory0.5%2,0342,0231,9181,8281,689
  Net PPE1.9%1,4291,4021,4281,4681,497
  Goodwill1.8%8,5088,3618,4598,5678,587
Liabilities0.4%8,3698,3378,3868,3508,215
  Current Liabilities4.2%3,4673,3283,1902,8802,910
    LT Debt, Current0%25125122614.002.00
    LT Debt, Non Current-1.9%3,7513,8243,9874,2254,056
Shareholder's Equity2.2%10,1029,8819,94710,08810,201
  Retained Earnings2.9%4,5774,4474,3144,1764,055
  Additional Paid-In Capital0.2%7,9537,9377,9267,9177,916
Shares Outstanding-0.4%181182182183186
Minority Interest2.3%45.0044.0042.0039.0038.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations10.2%1,0389429829421,073
  Share Based Compensation-2.4%41.0042.0042.0048.0046.00
Cashflow From Investing-9.8%-235-214-205-136-540
Cashflow From Financing-15.1%-708-615-696-794-653
  Dividend Payments4.7%11110610197.0092.00
  Buy Backs-5.4%473500698595300

Risks for WAB

What is the probability of a big loss on WAB?

52.3%

Probability that Westinghouse Air Brake Tech stock will be more than 20% underwater in next one year

38.9%

Probability that Westinghouse Air Brake Tech stock will be more than 30% underwater in next one year.

34.2%

Probability that Westinghouse Air Brake Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WAB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Westinghouse Air Brake Tech was unfortunately bought at previous high price.

Drawdowns

Returns for WAB

Cumulative Returns on WAB

7.4%

10-Year Cumulative Returns

3.7%

7-Year Cumulative Returns

3.8%

5-Year Cumulative Returns

21.3%

3-Year Cumulative Returns

What are the long-term rolling returns for WAB?

FIve years rolling returns for Westinghouse Air Brake Tech.

Annualized Returns

Which funds bought or sold WAB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-30.35
-38,699
223,301
 0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
2.47
5,530,250
27,029,200
 0.03%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-1.94
208,000
1,226,000
 0.01%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
31,141
31,141
 -%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
27.45
4,977
12,977
 0.01%
2023-02-28
Voya Investment Management LLC
reduced
-0.45
4,548,230
25,095,200
 0.04%
2023-02-24
SRS Capital Advisors, Inc.
added
2.02
8,438
40,438
 0.01%
2023-02-24
National Pension Service
reduced
-2.46
4,215,680
26,257,100
 0.05%
2023-02-24
NATIXIS
reduced
-91.08
-872,904
107,096
 -%
2023-02-23
Portman Square Capital LLP
new
-
461,122
461,122
 0.03%

1–10 of 46

Latest Funds Activity

Are funds buying WAB calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own WAB
No. of Funds

WAB Alerts

Westinghouse Air Brake Tech News

Simply Wall St

A Look At The Intrinsic Value Of Westinghouse Air Brake Technologies Corporation (NYSE:WAB).

Simply Wall St,
2 months ago

Schedule 13G FIlings of Westinghouse Air Brake Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.83%
19,697,995
SC 13G/A
Feb 06, 2023
wellington management group llp
5.79%
10,521,804
SC 13G/A
Feb 01, 2023
blackrock inc.
6.5%
11,771,329
SC 13G/A
Feb 10, 2022
vanguard group inc
10.12%
18,897,196
SC 13G/A
Feb 04, 2022
wellington management group llp
6.35%
11,857,618
SC 13G
Feb 01, 2022
blackrock inc.
6.4%
11,894,524
SC 13G/A
Jan 24, 2022
pzena investment management llc
5.35%
10,118,702
SC 13G
Mar 10, 2021
vanguard group inc
10.05%
18,990,080
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
0.6%
1,201,559
SC 13G/A
Feb 16, 2021
capital international investors
2.6%
4,936,958
SC 13G/A

WAB Fair Value

Westinghouse Air Brake Tech fair value in different scenarios

The table shows the Fair Value estimates for Westinghouse Air Brake Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

62.17

-35.29%

80.43

-16.28%

108.26

12.69%

159.68

66.21%

206.67

115.12%
Current Inflation

58.02

-39.61%

73.77

-23.21%

97.17

1.14%

140.72

46.48%

180.26

87.63%
Very High Inflation

52.89

-44.95%

65.71

-31.60%

84.07

-12.49%

118.68

23.53%

149.83

55.96%

Historical Westinghouse Air Brake Tech Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Westinghouse Air Brake Tech

View All Filings
Date Filed Form Type Document
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 17, 2023
8-K
Current Report

Latest Insider Trading transactions for WAB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-02
Mastalerz John A Jr
acquired
-
-
1,106
vp fin., corp. controller, cao
2023-03-02
Santana Rafael
acquired
-
-
40,568
president and ceo
2023-03-02
Gebhardt Eric
acquired
-
-
3,268
chief technology officer
2023-03-02
Theophilus Nicole B
acquired
-
-
3,075
evp & chief h.r. officer
2023-03-02
Sbrocco Gregory
acquired
-
-
2,691
sr. vp, global operations
2023-03-02
Mendonca Rogerio
acquired
-
-
2,499
president, equipment group
2023-03-02
Fetsko Michael
acquired
-
-
2,384
pres., freight components grp.
2023-03-02
Jain Nalin
acquired
-
-
2,499
president, digital electronics
2023-03-02
Trombley Gina
acquired
-
-
2,114
svp sales & mktg & cco
2023-03-02
DeNinno David L
acquired
-
-
5,285
exec vp, general counsel, sec.

1–10 of 50

About Westinghouse Air Brake Tech

Rafael O. Santana
www.wabtec.com
25000
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment 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; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

WAB Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net sales:   
Total net sales$ 8,362$ 7,822$ 7,556
Cost of sales:   
Total cost of sales(5,822)(5,453)(5,419)
Gross profit2,5402,3692,137
Operating expenses:   
Selling, general and administrative expenses(1,029)(1,030)(948)
Engineering expenses(209)(176)(162)
Amortization expense(291)(287)(282)
Total operating expenses(1,529)(1,493)(1,392)
Income from operations1,011876745
Other income and expenses:   
Interest expense, net(186)(177)(199)
Other income, net293811
Income before income taxes854737557
Income tax expense(213)(172)(145)
Net income641565412
Less: Net (income) loss attributable to noncontrolling interest(8)(7)2
Net income attributable to Wabtec shareholders$ 633$ 558$ 414
Basic   
Net income attributable to Wabtec shareholders (in dollars per share)$ 3.46$ 2.96$ 2.18
Diluted   
Net income attributable to Wabtec shareholders (in dollars per share)$ 3.46$ 2.96$ 2.17
Weighted average shares outstanding   
Basic (in shares)182.2187.7189.9
Diluted (in shares)182.8188.1190.4
Product   
Net sales:   
Total net sales$ 6,459$ 6,205$ 6,233
Cost of sales:   
Total cost of sales(4,791)(4,545)(4,629)
Services   
Net sales:   
Total net sales1,9031,6171,323
Cost of sales:   
Total cost of sales$ (1,031)$ (908)$ (790)

WAB Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash, cash equivalents and restricted cash$ 541$ 473
Accounts receivable9751,085
Unbilled accounts receivable544392
Inventories, net2,0341,689
Other current assets233193
Total current assets4,3273,832
Property, plant and equipment, net1,4291,497
Goodwill8,5088,587
Other intangible assets, net3,4023,705
Other noncurrent assets850833
Total noncurrent assets14,18914,622
Total Assets18,51618,454
Liabilities  
Accounts payable1,3011,012
Customer deposits772629
Accrued compensation300335
Accrued warranty215228
Current portion of long-term debt2512
Other accrued liabilities628704
Total current liabilities3,4672,910
Long-term debt3,7514,056
Accrued postretirement and pension benefits5777
Deferred income taxes326288
Contingent consideration47141
Other long term liabilities721743
Total Liabilities8,3698,215
Commitments and Contingencies (Note 18)
Equity  
Common stock, $.01 par value; 500.0 shares authorized and 226.9 shares issued; 181.2 and 185.8 shares outstanding at December 31, 2022 and 2021, respectively22
Additional paid-in capital7,9537,916
Treasury stock, at cost, 45.7 and 41.1 shares, at December 31, 2022 and 2021, respectively(1,769)(1,306)
Retained earnings4,5774,055
Accumulated other comprehensive loss(661)(466)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity10,10210,201
Noncontrolling interest4538
Total Equity10,14710,239
Total Liabilities and Equity$ 18,516$ 18,454