← WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.9b | $3.9b | $4.4b | $8.2b | $7.6b | $7.8b | $8.4b | $9.7b | $10.4b | $11.2b | |
| Cost of Revenue | $2.0b | $2.8b | $3.1b | $5.9b | $5.4b | $5.5b | $5.8b | $6.7b | $7.0b | $7.4b | |
| Gross Profit | $924.2m | $1.1b | $1.2b | $2.3b | $2.1b | $2.4b | $2.5b | $2.9b | $3.4b | $3.8b | |
| Operating Expenses | $465.9m | $643.6m | $760.4m | $1.6b | $1.4b | $1.5b | $1.5b | $1.7b | $1.8b | $2.0b | |
| Operating Income (Loss) | $458.4m | $421.7m | $473.4m | $663.1m | $744.5m | $876.0m | $1.0b | $1.3b | $1.6b | $1.8b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $22.7m | $36.5m | $39.8m | $238.4m | $282.4m | $287.0m | $291.0m | $321.0m | $303.0m | $300.0m | |
| Foreign Currency Transaction Gain (Loss), Realized | ($4.0m) | ($6.6m) | ($5.7m) | ($13.5m) | ($8.2m) | $8.0m | $6.0m | ($20.0m) | ($19.0m) | ($6.0m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $276.2m | $140.3m | $145.1m | $117.9m | $78.0m | $253.0m | $372.0m | $506.0m | $782.0m | $938.0m | |
| Income (Loss) from Equity Method Investments | $0 | $2.6m | $1.9m | $8.1m | $9.7m | $20.0m | $17.0m | $25.0m | $8.0m | $2.0m | |
| Preferred Stock Dividends and Other Adjustments | — | — | — | $400k | $0 | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $412.8m | $352.1m | $367.6m | $446.8m | $557.2m | $737.0m | $854.0m | $1.1b | $1.4b | $1.6b | |
| Net Income (Loss) Attributable to Parent | $304.9m | $262.3m | $294.9m | $326.7m | $414.4m | $558.0m | $633.0m | $815.0m | $1.1b | $1.2b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $304.9m | $262.3m | $294.9m | $326.7m | $414.4m | $556.0m | $633.0m | $815.0m | $1.1b | $1.2b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $8.5m | $29k | ($3.2m) | ($200k) | ($2.1m) | $7.0m | $8.0m | $10.0m | $11.0m | $13.0m | |
| Earnings Per Share, Basic | $3.37 | $2.74 | $3.06 | $1.91 | $2.18 | $2.96 | $3.46 | $4.54 | $6.05 | $6.84 | |
| Earnings Per Share, Diluted | $3.34 | $2.72 | $3.05 | $1.84 | $2.17 | $2.96 | $3.46 | $4.53 | $6.04 | $6.83 | |
| Weighted Average Number of Shares Outstanding, Basic | 90.4m | 95.5m | 96.0m | 170.5m | 189.9m | 187.7m | 182.2m | 178.8m | 174.1m | 170.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 91.1m | 96.1m | 96.5m | 177.3m | 190.4m | 188.1m | 182.8m | 179.5m | 174.8m | 171.1m | |
| Selling, General and Administrative Expense | $371.8m | $511.9m | $633.2m | $1.2b | $948.1m | $1.0b | $1.0b | $1.1b | $1.2b | $1.5b | |
| Other Nonoperating Income (Expense) | $1.0m | $3.1m | $1.1m | ($1.7m) | $100k | $1.0m | ($1.0m) | $32.0m | $2.0m | ($2.0m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $201.0m | $225.0m | |
| Current Income Tax Expense (Benefit) | $109.7m | $157.2m | $81.2m | $147.6m | $115.5m | $84.0m | $177.0m | $325.0m | $292.0m | $398.0m | |
| Nonoperating Income (Expense) | ($3.0m) | ($966k) | $6.4m | $2.8m | $11.6m | $38.0m | $29.0m | $44.0m | $2.0m | $24.0m | |
| Research and Development Expense | $71.4m | $95.2m | $87.5m | $209.9m | $162.1m | $176.0m | $209.0m | $218.0m | $206.0m | $223.0m | |
| Income Tax Expense (Benefit) | $99.4m | $89.8m | $75.9m | $120.3m | $144.9m | $172.0m | $213.0m | $267.0m | $343.0m | $409.0m | |
| Interest Income (Expense), Net | ($42.6m) | ($68.7m) | ($112.2m) | ($219.1m) | ($198.9m) | ($177.0m) | ($186.0m) | ($218.0m) | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.