OverviewSuggest Edit
Westinghouse Air Brake Technologies (Wabtec) is a global provider of technology-based products and services primarily for the freight rail and passenger transit industries. It operates in two business segments: Freight and Transit. The Freight segment manufactures aftermarket parts and services for new locomotives, provides components for new and existing locomotives and freight cars, supplies rail control and infrastructure products including electronics, positive train control equipment, signal design, and engineering services. The Transit segment manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high-speed trains, subway cars, light-rail vehicles, and buses, supplies rail control and infrastructure products including electronics, signal design, and engineering services, and refurbishes passenger transit vehicles.
| Type | Public | |
| Founded | 1869 | |
| HQ | Pittsburgh, PA, US | Map |
| Website | wabteccorp.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Key People/Management at Wabtec
Rafael Santana
President & Chief Executive Officer, Director
Lilian Leroux
President, Transit
Rogerio Mendonca
President, Freight Equipment
Mike Fetsko
President, Freight and Industrial Components
Nalin Jain
President, Digital Electronics
Pascal Schweitzer
President, Freight Services
Wabtec Office Locations
Wabtec has offices in Pittsburgh, Boise, Carson City, Cedar Rapids and in 36 other locations
Pittsburgh, PA, US (HQ)
30 Isabella St
Boise, ID, US
4600 Apple St
Carson City, NV, US
5401 Arrowhead Dr
Cedar Rapids, IA, US
5250 N River Blvd NE
Chicago, IL, US
500 W Monroe St
Chicago, IL, US
8400 S Stewart Ave
Wabtec Financials and Metrics
Wabtec Revenue
Wabtec's revenue was reported to be $7.82 b in FY, 2021
| USD | |
|---|---|
Revenue (Q1, 2022) | 1.9b |
Gross profit (Q1, 2022) | 595.0m |
Net income (Q1, 2022) | 150.0m |
EBIT (Q1, 2022) | 239.0m |
Market capitalization (24-May-2022) | 16.2b |
Closing stock price (24-May-2022) | 86.4 |
Cash (31-Mar-2022) | 488.0m |
EV | 20.0b |
Wabtec's current market capitalization is $16.2 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.6b | 2.2b | 2.0b | 1.9b | 1.7b | 1.9b | 1.8b | 2.0b | 1.9b | 1.9b |
Cost of goods sold | 1.2b | 1.6b | 1.4b | 1.4b | 1.3b | 1.3b | 1.3b | 1.4b | 1.3b | 1.3b |
Gross profit | 389.0m | 614.7m | 599.4m | 578.7m | 486.7m | 566.2m | 534.2m | 580.1m | 602.3m | 595.0m |
Gross profit Margin, % | 24% | 27% | 30% | 30% | 28% | 30% | 29% | 29% | 32% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 512.9m | 461.4m | 587.4m | 615.9m | 587.9m | 559.3m | 483.5m | 453.5m | 456.4m | 488.0m |
Accounts Receivable | 1.3b | 1.2b | 1.2b | 1.1b | 964.4m | 1.0b | 985.3m | 1.0b | 960.3m | 998.0m |
Inventories | 1.9b | 1.9b | 2.0b | 1.8b | 1.8b | 1.8b | 1.7b | 1.7b | 1.7b | 1.8b |
Current Assets | 4.4b | 4.2b | 4.4b | 4.2b | 4.0b | 3.9b | 3.8b | 3.8b | 3.8b | 3.9b |
Annual
Quarterly
| USD | Q2, 2016 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 184.6m | (4.0m) | 98.8m | 189.5m | 111.2m | 197.0m | 325.5m | 114.7m | 239.9m | 371.7m | 150.0m |
Depreciation and Amortization | 33.1m | 56.0m | 165.1m | 289.3m | 115.8m | 233.7m | 353.3m | 120.0m | 246.3m | 368.6m | 122.0m |
Inventories | (10.9m) | 75.3m | 147.4m | 58.7m | (23.5m) | (30.3m) | 7.8m | (11.2m) | 7.8m | (32.3m) | (137.0m) |
Accounts Payable | (13.8m) | (116.4m) | (71.9m) | (146.5m) | (60.2m) | (148.5m) | (203.4m) | 47.0m | 82.4m | 41.1m | 48.0m |
Wabtec Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| RELCO Locomotives | January 08, 2020 | $29 m |
| General Electric Transportation | April 25, 2019 | $11 b |
| Annax | March 22, 2018 | $45.2 m |
| AM General Contractor | October 02, 2017 | |
| Aero Transportation Products | March 14, 2017 | |
| Workhorse Rail | December 20, 2016 | |
| Precision Turbo and Engine | November 17, 2016 | $13.8 m |
| Gerken Group | August 02, 2016 | $62.8 m |
| Unitrac Railroad Materials | May 10, 2016 | $14.4 m |
| Relay Monitoring Systems | October 30, 2015 | $18.7 m |
Wabtec Revenue Breakdown
Wabtec revenue breakdown by business segment: 67.3% from Freight and 32.7% from Transit
Wabtec revenue breakdown by geographic segment: 35.6% from Egypt, 13.7% from Other Africa, 19.7% from Other Asia / Middle East and 31.0% from Russia / CIS
Wabtec Cybersecurity Score
Wabtec Environment, Social & Governance (ESG) Ratings
Wabtec Online and Social Media Presence
10.04k Twitter followers
Wabtec has 10.04k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1.5% quarter over quarter
Wabtec's Trends
Twitter Engagement Stats for @wabteccorp
3.6k
Tweets
954
Following
10k
Followers
17
Tweets last 30 days
6.4
Avg. likes per Tweet
100%
Tweets with engagement
Wabtec Company Culture
Overall Culture
C+
67/100
CEO Rating
F
50/100
Compensation
D+
55/100
Wabtec News and Updates
May 23, 2022
Wabtec Wins Major Contract to Supply Over 2,300 Doors for Sao Paulo Passenger Trains
Wabtec Corporation (NYSE: WAB) has won a major contract to supply on-board doors for passenger trains in Sao Paulo, Brazil’s largest city. This high-profile contract is Wabtec’s largest order in South America for on-board doors.
May 17, 2022
UP, Wabtec, REG Launch Renewable Fuels Testing
Union Pacific (UP), in partnership with Wabtec and Renewable Energy Group (REG), earlier this month started a “trial of 100% renewable fuels as part of our comprehensive ESG initiative called Building a Sustainable Future 2030.”
May 12, 2022
Cutting freight carbon emissions with biofuels
Wabtec and BNSF are collaborating on a biofuels project with the aim of reducing carbon intensity for Wabtec locomotives. The project is aimed at quantifying the impact of alternative fuels on emissions, durability, and performance.
May 11, 2022
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on May 27, 2022 to holders of record on May 20, 2022.
April 27, 2022
Wabtec Reports Strong 1st Quarter 2022 Results
Wabtec Corporation (NYSE: WAB) today reported first quarter 2022 GAAP earnings per diluted share of $0.80, up 35.6% versus the first quarter of 2021. Adjusted earnings per diluted share were $1.13, up 27.0% versus the same quarter a year ago. First quarter sales were $1.93 billion and cash from oper…
April 20, 2022
Wabtec to Acquire Trimble’s Beena Vision Business to Extend its Digital Rail Inspection Portfolio
Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisiti…
Wabtec Blogs
January 10, 2019
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Thursday, July 18, 2019 - 3:45pm to Thursday, August 15, 2019 - 3:45pmtest tradeshow location
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Wabtec Frequently Asked Questions
When was Wabtec founded?
Wabtec was founded in 1869.
Who are Wabtec key executives?
Wabtec's key executives are Rafael Santana, Lilian Leroux and Rogerio Mendonca.
How many employees does Wabtec have?
Wabtec has 25,000 employees.
What is Wabtec revenue?
Latest Wabtec annual revenue is $7.8 b.
What is Wabtec revenue per employee?
Latest Wabtec revenue per employee is $312.9 k.
Who are Wabtec competitors?
Competitors of Wabtec include Alstom, Caterpillar and Amsted Industries.
Where is Wabtec headquarters?
Wabtec headquarters is located at 30 Isabella St, Pittsburgh.
Where are Wabtec offices?
Wabtec has offices in Pittsburgh, Boise, Carson City, Cedar Rapids and in 36 other locations.
How many offices does Wabtec have?
Wabtec has 41 offices.
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