Wabtec market cap is $16.9 b, and annual revenue was $7.56 b in FY 2020

Wabtec Gross profit (Q1, 2021)534.2 M

Wabtec Gross profit margin (Q1, 2021), %29.2%

Wabtec Net income (Q1, 2021)114.7 M

Wabtec EBIT (Q1, 2021)191.6 M

Wabtec Cash, 31-Mar-2021483.5 M

Wabtec EV20.7 B

Wabtec revenue was $7.56 b in FY, 2020 which is a 7.9% year over year decrease from the previous period.

Wabtec revenue breakdown by business segment: 32.7% from Transit and 67.3% from Freight

Wabtec revenue breakdown by geographic segment: 5.1% from India, 36.9% from United States and 58.0% from Other

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 4.4b | 8.2b | 7.6b |

| 88% | (8%) | |

## Cost of goods sold | 3.1b | 5.9b | 5.4b |

## Gross profit | 1.2b | 2.3b | 2.1b |

| 28% | 28% | 28% |

## R&D expense | 87.5m | 209.9m | 162.1m |

## General and administrative expense | 633.2m | 1.2b | 948.1m |

## Operating expense total | 760.4m | 1.6b | 1.4b |

## Depreciation and amortization | 39.8m | 238.4m | 282.4m |

## EBIT | 473.4m | 663.1m | 744.5m |

| 11% | 8% | 10% |

## Interest expense | 112.2m | 219.1m | 198.9m |

## Pre tax profit | 367.6m | 446.8m | 557.2m |

## Income tax expense | 75.9m | 120.3m | 144.9m |

## Net Income | 291.7m | 326.5m | 412.3m |

## EPS | 3.1 | 1.8 | 2.2 |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Revenue | 1.6b | 2.2b | 2.0b | 1.9b | 1.7b | 1.9b | 1.8b |

## Cost of goods sold | 1.2b | 1.6b | 1.4b | 1.4b | 1.3b | 1.3b | 1.3b |

## Gross profit | 389.0m | 614.7m | 599.4m | 578.7m | 486.7m | 566.2m | 534.2m |

| 24% | 27% | 30% | 30% | 28% | 30% | 29% |

## R&D expense | 259.7m | 57.1m | 58.6m | 49.0m | 38.2m | 36.5m | 37.7m |

## General and administrative expense | 259.7m | 291.0m | 292.2m | 243.4m | 216.8m | 252.7m | 235.4m |

## Operating expense total | 321.7m | 414.0m | 430.3m | 361.4m | 327.3m | 359.5m | 342.6m |

## Depreciation and amortization | 27.4m | 66.0m | 79.5m | 69.0m | 72.3m | 70.3m | 69.5m |

## EBIT | 67.3m | 200.6m | 169.1m | 217.3m | 159.4m | 206.7m | 191.6m |

| 4% | 9% | 8% | 11% | 9% | 11% | 10% |

## Interest expense | 44.6m | 58.6m | 57.7m | 53.3m | 51.4m | 45.6m | 47.6m |

## Pre tax profit | 14.5m | 144.3m | 113.3m | 149.2m | 114.3m | 175.4m | 158.2m |

## Income tax expense | 18.5m | 41.4m | 22.7m | 38.0m | 28.5m | 46.9m | 43.5m |

## Net Income | (4.0m) | 102.9m | 90.6m | 111.2m | 85.8m | 128.5m | 114.7m |

## EPS | 0.0 | 0.5 | 0.5 | 0.6 | 0.5 | 0.7 | 0.6 |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 580.9m | 604.2m | 598.7m |

## Accounts Receivable | 801.2m | 1.1b | 969.3m |

## Inventories | 844.9m | 1.8b | 1.6b |

## Current Assets | 4.4b | 4.2b | 3.9b |

## PP&E | 563.7m | 1.7b | 1.6b |

## Goodwill | 2.4b | 8.4b | 8.5b |

## Total Assets | 8.6b | 18.9b | 18.5b |

## Accounts Payable | 589.4m | 1.2b | 909.4m |

## Short-term debt | 64.1m | 95.7m | 447.2m |

## Current Liabilities | 1.6b | 3.3b | 3.2b |

## Long-term debt | 3.8b | 4.3b | 3.8b |

## Total Debt | 3.9b | 4.4b | 4.2b |

## Total Liabilities | 5.8b | 9.0b | 8.3b |

## Common Stock | 1.3m | 2.0m | 2.0m |

## Additional Paid-in Capital | 914.6m | 7.9b | 7.9b |

## Retained Earnings | 3.0b | 3.3b | 3.6b |

## Total Equity | 2.9b | 10.0b | 10.2b |

## Debt to Equity Ratio | 1.3 x | 0.4 x | 0.4 x |

## Debt to Assets Ratio | 0.4 x | 0.2 x | 0.2 x |

## Financial Leverage | 3 x | 1.9 x | 1.8 x |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Cash | 512.9m | 461.4m | 587.4m | 615.9m | 587.9m | 559.3m | 483.5m |

## Accounts Receivable | 1.3b | 1.2b | 1.2b | 1.1b | 964.4m | 1.0b | 985.3m |

## Inventories | 1.9b | 1.9b | 2.0b | 1.8b | 1.8b | 1.8b | 1.7b |

## Current Assets | 4.4b | 4.2b | 4.4b | 4.2b | 4.0b | 3.9b | 3.8b |

## PP&E | 1.6b | 1.6b | 1.6b | 2.2b | 1.6b | 1.6b | 1.6b |

## Goodwill | 8.1b | 8.2b | 8.1b | 8.3b | 8.3b | 8.4b | 8.6b |

## Total Assets | 19.1b | 18.9b | 18.9b | 18.8b | 18.5b | 18.4b | 18.5b |

## Accounts Payable | 1.2b | 1.2b | 1.1b | 1.1b | 1.0b | 962.0m | 955.0m |

## Short-term debt | 321.3m | 104.4m | 111.8m | 92.8m | 697.1m | 454.8m | 353.9m |

## Current Liabilities | 3.3b | 3.2b | 3.2b | 3.0b | 3.5b | 3.2b | 3.2b |

## Long-term debt | 4.6b | 4.5b | 4.6b | 4.7b | 3.8b | 3.8b | 3.9b |

## Total Debt | 5.0b | 4.6b | 4.7b | 4.7b | 4.5b | 4.3b | 4.3b |

## Total Liabilities | 9.3b | 9.1b | 9.2b | 9.0b | 8.6b | 8.4b | 8.4b |

## Common Stock | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m |

## Additional Paid-in Capital | 7.8b | 7.8b | 7.8b | 7.9b | 7.9b | 7.9b | 7.9b |

## Retained Earnings | 3.0b | 3.1b | 3.2b | 3.4b | 3.4b | 3.5b | 3.7b |

## Total Equity | 9.8b | 9.8b | 9.7b | 9.8b | 9.9b | 10.1b | 10.2b |

## Debt to Equity Ratio | 0.5 x | 0.5 x | 0.5 x | 0.5 x | 0.5 x | 0.4 x | 0.4 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.3 x | 0.3 x | 0.2 x | 0.2 x | 0.2 x |

## Financial Leverage | 2 x | 1.9 x | 1.9 x | 1.9 x | 1.9 x | 1.8 x | 1.8 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 291.7m | 326.5m | 412.3m |

## Depreciation and Amortization | 109.3m | 401.4m | 473.3m |

## Accounts Receivable | (54.6m) | (6.3m) | 315.0m |

## Inventories | (108.9m) | 255.9m | 180.8m |

## Accounts Payable | 48.8m | (144.3m) | (269.0m) |

## Cash From Operating Activities | 314.7m | 1.0b | 783.7m |

## Purchases of PP&E | (93.3m) | (185.3m) | (136.4m) |

## Cash From Investing Activities | (147.3m) | (3.2b) | (155.4m) |

## Long-term Borrowings | (1.5b) | (3.4b) | (4.1b) |

## Dividends Paid | (46.3m) | (81.7m) | (92.5m) |

## Cash From Financing Activities | 2.0b | 461.5m | (619.0m) |

## Net Change in Cash | 2.1b | (1.7b) | (5.5m) |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Net Income | (4.0m) | 98.8m | 189.5m | 111.2m | 197.0m | 325.5m | 114.7m |

## Depreciation and Amortization | 56.0m | 165.1m | 289.3m | 115.8m | 233.7m | 353.3m | 120.0m |

## Accounts Receivable | (51.6m) | (35.7m) | (32.3m) | (22.6m) | 246.1m | 245.2m | 9.3m |

## Inventories | 75.3m | 147.4m | 58.7m | (23.5m) | (30.3m) | 7.8m | (11.2m) |

## Accounts Payable | (116.4m) | (71.9m) | (146.5m) | (60.2m) | (148.5m) | (203.4m) | 47.0m |

## Cash From Operating Activities | 31.3m | 443.9m | 567.7m | (81.9m) | 228.6m | 458.1m | 292.2m |

## Purchases of PP&E | (29.7m) | (61.9m) | (112.6m) | (33.3m) | (67.6m) | (98.7m) | (26.5m) |

## Cash From Investing Activities | (2.7b) | (3.0b) | (3.1b) | (62.6m) | (98.2m) | (119.9m) | (422.0m) |

## Long-term Borrowings | (837.7m) | (1.6b) | (2.1b) | (663.8m) | (2.1b) | (3.1b) | (1.4b) |

## Dividends Paid | (11.7m) | (34.3m) | (58.2m) | (23.0m) | (46.4m) | (69.2m) | (23.0m) |

## Cash From Financing Activities | 883.0m | 726.1m | 817.1m | 183.5m | (123.5m) | (360.8m) | 7.7m |

## Net Change in Cash | (1.8b) | (1.9b) | (1.8b) | 11.7m | (16.3m) | (44.9m) | (115.2m) |

USD | FY, 2018 |
---|---|

## EV/EBIT | 21.3 x |

## EV/CFO | 32 x |

## Revenue/Employee | 242.4k |

## Debt/Equity | 1.3 x |

## Debt/Assets | 0.4 x |

## Financial Leverage | 3 x |

## P/E Ratio | 23.0 |

Wabtec's Customers was reported to be 500 in FY, 2020. Wabtec's Backlog was reported to be $21.6b in FY, 2020.

FY, 2018 | FY, 2019 | FY, 2020 | |
---|---|---|---|

## Backlog | $4.5 b | $22.4 b | $21.6 b |

## Backlog (Freight Segment) | $664.66 m | $18.95 b | |

## Backlog (Transit Segment) | $3.82 b | $3.49 b | |

## Countries | 52 | 50 | 50 |

## Customers | 500 | 500 | 500 |

## Engineers and Specialists | 4.5 k | 5 k | |

## Freight Cars | 174 k | 155 k | |

## Locomotives | 2.5 k | 2.9 k | |

## Locomotives (Indian Railways) | 1 k | 1 k | |

## Locomotives Installed Base | 23 k | 22.5 k | 22.5 k |

## Manufacturing Facilities Leased Space, sq. ft. | 3.06 m | 1.19 m | 1.19 m |

## Manufacturing Facilities Owned Space, sq. ft. | 5.19 m | 7.97 m | 7.14 m |

## Manufacturing Facilities, sq. ft. | 8.25 m | 9.15 m | 8.33 m |

## New Orders | $6.78 b | ||

## Orders (Freight Segment) | $4.26 b | ||

## Orders (Transit Segment) | $2.52 b | ||

## Passenger Transit Vehicles | 30 k | 35 k | 32 k |