WAB · XBRL financial data

Westinghouse Air Brake Technologies financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WAB's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	7,556	7,822	8,362	9,677	10,387	11,167
Cost of goods and services sold	5,419	5,453	5,822	6,733	7,021	7,361
Gross profit	2,137	2,369	2,540	2,944	3,366	3,806
Research and development	162	176	209	218	206	223
Selling, general and administrative	948	1,030	1,029	1,139	1,248	1,490
Total operating expenses	1,393	1,493	1,529	1,678	1,757	2,013
Operating income (loss)	745	876	1,011	1,266	1,609	1,793
Interest expense	—	—	186	218	201	225
Other income (expense)	0	1	(1)	32	2	(2)
Income tax expense (benefit)	145	172	213	267	343	409
Net income (loss)	414	558	633	815	1,056	1,170
Earnings per share, basic USD per share	2.18	2.96	3.46	4.54	6.05	6.84
Earnings per share, diluted USD per share	2.17	2.96	3.46	4.53	6.04	6.83
Weighted average shares, basic millions of shares	190	188	182	179	174	171
Weighted average shares, diluted millions of shares	190	188	183	180	175	171

Fiscal years (WAB's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	599	473	541	620	715	789
Accounts receivable	969	1,085	975	1,160	1,152	1,410
Inventory	1,642	1,689	2,034	2,284	2,314	2,745
Total current assets	3,880	3,832	4,327	4,855	4,943	5,694
Property and equipment, net	1,602	1,497	1,429	1,485	1,447	1,616
Goodwill	8,485	8,587	8,508	8,780	8,710	10,216
Total assets	18,455	18,454	18,516	18,988	18,702	22,069
Accounts payable	909	1,012	1,301	1,250	1,300	1,402
Current portion of long-term debt	447	2	251	781	500	1,250
Total current liabilities	3,226	2,910	3,467	4,056	3,792	5,150
Long-term debt	3,792	4,056	3,751	3,288	3,480	4,291
Total liabilities	8,302	8,215	8,369	8,464	8,569	10,879
Retained earnings	3,589	4,055	4,577	5,269	6,185	3,878
Total stockholders' equity	10,122	10,201	10,102	10,487	10,091	11,142
Total liabilities and equity	18,455	18,454	18,516	18,988	18,702	22,069
Common shares outstanding (cover page) millions of shares	189	185	180	177	171	171

Fiscal years (WAB's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	414	558	633	815	1,056	1,170
Stock-based compensation	20	46	41	47	66	80
Net cash from operating activities	784	1,073	1,038	1,201	1,834	1,759
Purchases of property and equipment	136	130	149	186	207	260
Net cash from investing activities	(155)	(540)	(235)	(492)	(343)	(2,747)
Share repurchases	207	300	473	409	1,097	223
Dividends paid	93	92	111	123	140	173
Net cash from financing activities	(619)	(653)	(708)	(633)	(1,371)	1,031
Net change in cash	(6)	(126)	68	79	95	74

SIC 3743 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3743 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3743) companies nearest in public float, each marked “added: same SIC”.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Westinghouse Air Brake Technologies	489	3,120	455*	167.8M	Q3 FY26 10-QSep 30, 2026
Trinity Industriesadded: same SIC	158	535	66*	78.2M	Q3 FY26 10-QSep 30, 2026
Greenbrier Companiesadded: same SIC	235	591*	32*	31.0M	Q4 FY26 10-KAug 31, 2026
FreightCar Americaadded: same SIC	63	113	12*	32.8M	Q2 FY26 10-QJun 30, 2026
Kelso Technologiesadded: same SIC	0.4	year only	year only	55.3M	Q4 FY25 20-FDec 31, 2025
Rail Visionadded: same SIC	20	year only	year only	2.2M	Q4 FY25 20-FDec 31, 2025

Not investment advice. Not affiliated with the U.S. SEC.

Data on this page was fetched Nov 5, 2026, 11:20 PM ET. The filing on SEC.gov is the record.