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WAB

103.38USD+0.34(+0.33%)Market Closed

Westinghouse Air Brake Technologies Corp

Market Summary

USD103.38+0.34Market Closed
0.33%

WAB Alerts

WAB Stock Price

RSI Chart

Valuation

Market Cap

17.0B

Price/Earnings

26.76

Price/Sales

2.14

Price/Cashflow

17.34

MarketCap/EBT

20.33

Price/Sales

Profitability

EBT Margin

10.52%

Return on Equity

6.42%

Return on Assets

3.47%

Fundamentals

Revenue

Revenue (TTM)

8.1B

Revenue Y/Y

9.13%

Revenue Q/Q

1.61%

Earnings

Earnings (TTM)

665.2M

Earnings Y/Y

22.51%

Earnings Q/Q

-3.61%

Price Action

52 Week Range

78.26103.86
(Low)(High)

Last 7 days

2.5%

Last 30 days

14.6%

Last 90 days

20.0%

Trailing 12 Months

15.2%

Financial Health

Current Ratio

1.27

Debt/Equity

0.43

Debt/Cashflow

0.23

Investor Care

Dividend Yield

0.6%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

2.65%

Diluted EPS (TTM)

3.6

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
121.5B
48.4B
15.46% 28.27%
19.7
2.51
14.00% 13.42%
116.5B
56.6B
10.06% 22.81%
17.23
2.16
16.98% 53.73%
65.8B
15.6B
8.93% -0.53%
24.83
4.2
9.75% -0.82%
37.4B
16.3B
5.36% -0.76%
28.47
2.36
9.76% -24.65%
17.0B
8.1B
14.64% 15.16%
26.76
2.14
4.57% 46.23%
MID-CAP
7.6B
3.9B
6.00% -18.78%
15.83
2.05
24.21% -7.22%
5.8B
7.9B
6.22% -15.58%
47.81
0.73
1.72% -75.01%
3.9B
2.7B
8.26% 27.26%
7.62
1.44
17.53% 32.29%
3.7B
3.5B
14.90% 6.75%
39.27
1.07
-3.08% -49.16%
2.6B
4.3B
0.61% 53.23%
10.3
0.6
17.80% 81.88%
2.3B
1.9B
14.34% 23.97%
14.18
1.24
18.71% 305.56%
SMALL-CAP
1.1B
3.0B
6.57% -4.69%
19.09
0.43
70.35% 44.41%
989.2M
2.3B
20.66% 46.48%
21.75
0.43
34.48% 42.26%
287.7M
824.3M
8.05% -16.66%
23.23
0.37
18.75% -46.13%
72.1M
310.8M
-10.82% 2.79%
-7.8
0.25
64.77% 64.11%

Financials for Westinghouse Air Brake Tech

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.2%8,1297,9557,9197,8227,773
Gross Profit1.8%2,5402,4952,4302,3692,222
Operating Expenses0.1%1,5121,5111,5061,4931,448
  S&GA Expenses-0.9%1,0211,0301,0341,0301,003
  R&D Expenses5.3%202191183176162
Earnings Before Taxes5.0%879837779737621
Net Income4.6%665636595558455
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.4%18,26218,33318,43818,45418,352
  Current Assets3.8%4,1994,0463,9113,8323,760
    Cash Equivalents2.6%514501488473456
  Inventory5.5%2,0231,9181,8281,6891,690
  Net PPE-1.8%1,4021,4281,4681,4971,509
  Goodwill-1.2%8,3618,4598,5678,5878,605
Liabilities-0.6%8,3378,3868,3508,2158,161
  Current Liabilities4.3%3,3283,1902,8802,9102,812
  Long Term Debt-3.3%4,0754,2134,2394,0584,071
    LT Debt, Current11.1%2512261424
    LT Debt, Non Current-4.1%3,8243,9874,2254,0564,067
Shareholder's Equity-0.2%9,8819,90510,04910,20110,157
  Retained Earnings3.1%4,4474,3144,1764,0553,888
  Additional Paid-In Capital0.1%7,9377,9267,9177,9167,906
Accumulated Depreciation-906----
Shares Outstanding0%182182183186187
Minority Interest4.8%4442393835
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-4.1%9429829421,0731,085
  Share Based Compensation4.6%4644484636
Cashflow From Investing-4.2%-213.70-205.00-136.00-540.00-510.40
Cashflow From Financing11.7%-614.70-696.00-794.00-653.00-691.50
  Dividend Payments4.9%106101979292
  Buy Backs-28.4%500698595300302

Risks

What is the probability of a big loss on WAB?

58.1%


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.

Returns

Cumulative Returns on WAB

9.7%


10-Year Cumulative Returns

5.1%


7-Year Cumulative Returns

7.0%


5-Year Cumulative Returns

11.4%


3-Year Cumulative Returns

What are the long-term rolling returns for WAB?

FIve years rolling returns for Westinghouse Air Brake Tech.

Which funds bought or sold WAB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-0.84
-906
38,000
0.02%
2022-11-23
Toroso Investments, LLC
ADDED
4.67
10,000
290,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
-8,000
58,000
0.02%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
8,231,000
8,231,000
0.30%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
6,802,000
6,802,000
0.08%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
2.72
4,000
262,000
0.01%
2022-11-22
Gibson Wealth Advisors LLC
-
-
-
-
-%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
38,000
38,000
-%
2022-11-21
FourThought Financial, LLC
-
-
-1,000
7,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-727,000
23,647,000
0.04%

1–10 of 47

Latest Funds Activity

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

Westinghouse Air Brake Tech News

MarketWatch

Wabtec stock rises Friday, outperforms market.2 days ago

Benzinga

WAB Fair Value

Recent SEC filings of Westinghouse Air Brake Tech

View All Filings
Date Filed Form Type Document
Nov 23, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 15, 2022
3
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 01, 2022
10-Q
Quarterly Report
Nov 01, 2022
8-K
Current Report

Latest Insider Trading transactions for WAB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-22
DeNinno David L
SOLD
-498,372
99.6745
-5,000
Exec VP, General Counsel, Sec.
2022-11-15
Fetsko Michael
ACQUIRED
565,106
81.3101
6,950
Pres., Freight Components Grp.
2022-11-15
Fetsko Michael
SOLD
-1,162,510
100.01
-11,624
Pres., Freight Components Grp.
2022-11-14
Jain Nalin
ACQUIRED
210,211
77.0569
2,728
President, Digital Electronics
2022-11-14
Jain Nalin
SOLD
-404,736
100.932
-4,010
President, Digital Electronics
2022-11-11
KASSLING WILLIAM E
SOLD
-5,013,000
100.26
-50,000
-
2022-11-08
Mastalerz John A Jr
SOLD
-181,632
98.713
-1,840
VP Fin., Corp. Controller, CAO
2022-11-08
Mastalerz John A Jr
ACQUIRED
136,314
74.0838
1,840
VP Fin., Corp. Controller, CAO
2022-11-03
NEUPAVER ALBERT J
ACQUIRED
1,149,300
48.29
23,800
-
2022-11-03
NEUPAVER ALBERT J
SOLD
-3,446,680
92.4043
-37,300
-

1–10 of 50

Rafael O. Santana
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

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales:    
Total net sales$ 2,081.0$ 1,907.0$ 6,056.0$ 5,749.0
Cost of sales:    
Total cost of sales(1,433.0)(1,304.0)(4,168.0)(4,032.0)
Gross profit648.0603.01,888.01,717.0
Operating expenses:    
Selling, general and administrative expenses(260.0)(269.0)(757.0)(766.0)
Engineering expenses(54.0)(44.0)(149.0)(124.0)
Amortization expense(73.0)(73.0)(218.0)(215.0)
Total operating expenses(387.0)(386.0)(1,124.0)(1,105.0)
Income from operations261.0217.0764.0612.0
Other income and expenses:    
Interest expense, net(48.0)(42.0)(135.0)(135.0)
Other income, net4.00.015.025.0
Income before income taxes217.0175.0644.0502.0
Income tax expense(54.0)(43.0)(162.0)(130.0)
Net income163.0132.0482.0372.0
Less: Net income attributable to noncontrolling interest(3.0)(1.0)(7.0)(4.0)
Less: Net income attributable to noncontrolling interest$ 160.0$ 131.0$ 475.0$ 368.0
Basic    
Net income attributable to Wabtec shareholders (in dollars per share)$ 0.88$ 0.69$ 2.60$ 1.95
Diluted    
Net income attributable to Wabtec shareholders (in dollars per share)$ 0.88$ 0.69$ 2.59$ 1.95
Weighted average shares outstanding    
Basic (in shares)181.3187.6182.6188.2
Diluted (in shares)181.9188.0183.1188.6
Goods    
Net sales:    
Total net sales$ 1,625.0$ 1,489.0$ 4,714.0$ 4,562.0
Cost of sales:    
Total cost of sales(1,200.0)(1,075.0)(3,431.0)(3,368.0)
Services    
Net sales:    
Total net sales456.0418.01,342.01,187.0
Cost of sales:    
Total cost of sales$ (233.0)$ (229.0)$ (737.0)$ (664.0)

WAB Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 514$ 473
Accounts receivable1,0041,085
Unbilled accounts receivable458392
Inventories2,0231,689
Other current assets200193
Total current assets4,1993,832
Property, plant and equipment, net1,4021,497
Goodwill8,3618,587
Other intangible assets, net3,4103,705
Other noncurrent assets890833
Total noncurrent assets14,06314,622
Total Assets18,26218,454
Liabilities  
Accounts payable1,2061,012
Customer deposits691629
Accrued compensation278335
Accrued warranty208228
Current portion of long-term debt2512
Other accrued liabilities694704
Total current liabilities3,3282,910
Long-term debt3,8244,056
Accrued postretirement and pension benefits6377
Deferred income taxes287288
Contingent consideration143141
Other long-term liabilities692743
Total Liabilities8,3378,215
Commitments and contingencies (Note 14)
Equity  
Common stock, $.01 par value; 500.0 shares authorized and 226.9 shares issued: 181.9 and 185.8 outstanding at September 30, 2022 and December 31, 2021, respectively22
Additional paid-in capital7,9377,916
Treasury stock, at cost, 45.0 and 41.1 shares, at September 30, 2022 and December 31, 2021, respectively(1,697)(1,306)
Retained earnings4,4474,055
Accumulated other comprehensive loss(808)(466)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity9,88110,201
Noncontrolling interest4438
Total Equity9,92510,239
Total Liabilities and Equity$ 18,262$ 18,454