Westinghouse Air Financials

WAB Stock  USD 199.15  1.12  0.57%   
Based on the analysis of Westinghouse Air's profitability, liquidity, and operating efficiency, Westinghouse Air Brake is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, Westinghouse Air's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 4.6 B, whereas Non Currrent Assets Other are forecasted to decline to about 116.2 M. Key indicators impacting Westinghouse Air's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.05660.0842
Way Down
Pretty Stable
Return On Assets0.07610.0429
Way Up
Slightly volatile
Return On Equity0.140.0777
Way Up
Slightly volatile
Debt Equity Ratio0.410.388
Notably Up
Slightly volatile
Operating Income1.3 B1.3 B
Sufficiently Up
Slightly volatile
Current Ratio2.061.197
Way Up
Slightly volatile
Investors should never underestimate Westinghouse Air's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Westinghouse Air's cash flow, debt, and profitability to make informed and accurate decisions about investing in Westinghouse Air Brake.

Cash And Equivalents

538.95 Million

  
Understanding current and past Westinghouse Air Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westinghouse Air's financial statements are interrelated, with each one affecting the others. For example, an increase in Westinghouse Air's assets may result in an increase in income on the income statement.
Please note, the presentation of Westinghouse Air's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Westinghouse Air's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Westinghouse Air's management manipulating its earnings.

Westinghouse Air Stock Summary

Westinghouse Air competes with Greenbrier Companies, LB Foster, Freightcar America, CSX, and Norfolk Southern. Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania. Wabtec Corp operates under Railroads classification in the United States and is traded on New York Stock Exchange. It employs 25000 people.
Specialization
Industrials, Capital Goods
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS9297401088
CUSIP929740108 960386100
LocationPennsylvania; U.S.A
Business Address30 Isabella Street,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.wabteccorp.com
Phone412 825 1000
CurrencyUSD - US Dollar

Westinghouse Air Key Financial Ratios

Westinghouse Air Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets18.9B18.5B18.5B18.5B19.0B19.9B
Other Current Liab1.4B1.2B1.3B1.1B1.2B1.2B
Net Debt3.7B3.2B3.6B3.5B3.8B4.0B
Retained Earnings3.3B3.6B4.1B4.6B5.3B5.5B
Accounts Payable1.2B909.4M1.0B1.3B1.3B1.3B
Net Receivables1.7B1.4B1.5B1.5B1.7B1.8B
Inventory1.8B1.6B1.7B2.0B2.3B2.4B
Other Current Assets150.9M226.5M193M233M267M280.4M
Total Liab8.9B8.3B8.2B8.4B8.5B8.9B
Total Current Assets4.2B3.9B3.8B4.3B4.9B5.1B
Short Term Debt95.7M447.2M2M251M842M884.1M
Intangible Assets4.1B3.9B3.7B3.4B3.2B3.4B
Cash604.2M598.7M473M541M620M651M
Other Liab1.1B1.3B1.2B855M983.3M1.0B
Other Assets631.7M620M833M850M977.5M1.0B
Long Term Debt4.3B3.8B4.1B3.8B3.3B3.5B
Good Will8.4B8.5B8.6B8.5B8.8B9.2B
Treasury Stock(816.1M)(807.1M)(1.0B)(1.3B)(1.2B)(1.1B)
Net Tangible Assets(2.5B)(2.2B)10.2B10.1B11.6B12.2B

Westinghouse Air Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue8.2B7.6B7.8B8.4B9.7B10.2B
Gross Profit2.3B1.9B2.1B2.3B2.7B2.8B
Operating Income663.1M859.5M954M1.1B1.3B1.3B
Ebit904.1M756.1M914M1.0B1.3B1.4B
Ebitda904.3M1.2B1.4B1.5B1.8B1.9B
Cost Of Revenue5.9B5.7B5.7B6.1B7.0B7.4B
Income Before Tax446.8M557.2M737M854M1.1B1.1B
Net Income326.7M414M558M633M815M855.8M
Income Tax Expense120.3M144.9M172M213M267M280.4M
Research Development209.9M162.1M176M209M218M228.9M
Interest Expense219.1M198.9M177M186M218M228.9M
Minority Interest(200K)(2.1M)7M8M(10M)(9.5M)
Tax Provision120.3M144.9M172M213M267M167.3M
Interest Income224.5M198.9M149M186M213.9M140.3M
Net Interest Income(219.1M)(198.9M)(177M)(186M)(218M)(228.9M)

Westinghouse Air Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory255.9M180.8M(41M)(368M)(58M)(55.1M)
Change In Cash(1.7B)(5.5M)(126M)68M79M83.0M
Free Cash Flow830.2M647.3M943M889M1.0B1.1B
Depreciation319.2M385.1M441M426M529M555.5M
Other Non Cash Items15.9M(29.4M)(4M)3M(47M)(44.7M)
Capital Expenditures185.3M136.4M130M149M186M195.3M
Net Income326.5M412.3M565M641M815M855.8M
End Period Cash Flow604.2M598.7M473M541M620M651M
Dividends Paid81.7M92.5M92M111M123M129.2M
Change To Netincome38.6M58.5M130M80M92M96.6M
Change Receivables(6.3M)315M(76M)(52M)(59.8M)(56.8M)
Net Borrowings558.8M(199.3M)(161M)(30M)(34.5M)(32.8M)
Investments(3.2B)(155.4M)(540M)(235M)(422M)(443.1M)

Westinghouse Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Westinghouse Air's current stock value. Our valuation model uses many indicators to compare Westinghouse Air value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westinghouse Air competition to find correlations between indicators driving Westinghouse Air's intrinsic value. More Info.
Westinghouse Air Brake is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Westinghouse Air Brake is roughly  1.90 . At present, Westinghouse Air's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westinghouse Air's earnings, one of the primary drivers of an investment's value.

Westinghouse Air Brake Systematic Risk

Westinghouse Air's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westinghouse Air volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Westinghouse Air Brake correlated with the market. If Beta is less than 0 Westinghouse Air generally moves in the opposite direction as compared to the market. If Westinghouse Air Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westinghouse Air Brake is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westinghouse Air is generally in the same direction as the market. If Beta > 1 Westinghouse Air moves generally in the same direction as, but more than the movement of the benchmark.

Westinghouse Air Thematic Clasifications

Westinghouse Air Brake is part of several thematic ideas from Air to Shipbuilding Railroad Equipment. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Westinghouse Air Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Westinghouse Air's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Westinghouse Air growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.93

At present, Westinghouse Air's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Westinghouse Air November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Westinghouse Air help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westinghouse Air Brake. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westinghouse Air Brake based on widely used predictive technical indicators. In general, we focus on analyzing Westinghouse Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westinghouse Air's daily price indicators and compare them against related drivers.

Complementary Tools for Westinghouse Stock analysis

When running Westinghouse Air's price analysis, check to measure Westinghouse Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
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