WABWESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
Railroad Equipment
- Revenue
- $11.2B
- 7.5% YoY
- Operating margin
- 16.1%
- 3.7% YoY
- EBITDA
- $2.3B
- 8.6% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.4×
- $3.3B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear150% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear23% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired46% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $7.8B | $8.4B | $9.7B | $10.4B | $11.2B | 7.5% |
| Operating income | $876M | $1.0B | $1.3B | $1.6B | $1.8B | 11% |
| Net income | $558M | $633M | $815M | $1.1B | $1.2B | 11% |
| Operating cash flow | $1.1B | $1.0B | $1.2B | $1.8B | $1.8B | 4.1% |
| Capex | $130M | $149M | $186M | $207M | $260M | 26% |
| Stock-based comp | $46M | $41M | $47M | $66M | $80M | 21% |
| Buybacks | $300M | $473M | $409M | $1.1B | $223M | 80% |
| Dividends | $92M | $111M | $123M | $140M | $173M | 24% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 20
- Net
- −$2M
Pay vs performance
No pay-versus-performance disclosure yet.