Wabtec Income Statement

WAB / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Wabtec reported $11.2B in revenue and $1.2B in net income for FY2025. Revenue has grown at a 13.2% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$11.2B	$10.4B	$9.7B	$8.4B	$7.8B	$7.6B	$8.2B	$4.4B	$3.9B	$2.9B	$3.3B	$3.0B	$2.6B	$2.4B	$2.0B
Cost of Revenue	$7.4B	$7.0B	$6.7B	$5.8B	$5.5B	$5.4B	$5.9B	$3.1B	$2.8B	$2.0B	$2.3B	$2.1B	$1.8B	$1.7B	$1.4B
Gross Profit	$3.8B	$3.4B	$2.9B	$2.5B	$2.4B	$2.1B	$2.3B	$1.2B	$1.1B	$924.2M	$1.0B	$936.0M	$764.0M	$694.6M	$570.4M
SG&A Expense	$1.5B	$1.2B	$1.1B	$1.0B	$1.0B	$948.0M	$1.2B	$633.2M	$512.5M	$373.6M	$347.4M	$324.5M	$262.7M	$245.7M	$247.5M
R&D Expense	$223.0M	$206.0M	$218.0M	$209.0M	$176.0M	$162.0M	$210.0M	$87.5M	$95.2M	$71.4M	$71.2M	$61.9M	$46.3M	$41.3M	$37.2M
Operating Income	$1.8B	$1.6B	$1.3B	$1.0B	$876.0M	$745.0M	$663.0M	$473.4M	$421.1M	$456.6M	$607.6M	$527.1M	$437.3M	$392.3M	$270.7M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	$14.9M	$15.4M
Income Tax	$409.0M	$343.0M	$267.0M	$213.0M	$172.0M	$145.0M	$120.0M	$75.9M	$89.8M	$99.4M	$186.7M	$156.2M	$128.9M	$125.6M	$85.2M
Net Income	$1.2B	$1.1B	$815.0M	$633.0M	$558.0M	$414.0M	$327.0M	$294.9M	$262.3M	$304.9M	$398.6M	$351.7M	$292.2M	$251.7M	$170.1M
EPS (Basic)	$4.54	$3.46	$2.96	$2.18	$1.91	$3.06	$2.74	$3.37	$4.14	$3.66	$3.05	$2.62	$1.77	$2.57	$2.41
EPS (Diluted)	$4.53	$3.46	$2.96	$2.17	$1.84	$3.05	$2.72	$3.34	$4.10	$3.62	$3.01	$2.60	$1.76	$2.56	$2.39
Shares Outstanding	171.3M	177.8M	181.2M	185.8M	188.9M	191.7M	96.6M	96.0M	95.4M	91.8M	96.3M	95.9M	95.4M	47.9M	48.0M
Gross Margin	34.1%	32.4%	30.4%	30.4%	30.3%	28.3%	27.8%	28.3%	27.4%	31.5%	31.7%	30.7%	29.8%	29.0%	29.0%
Operating Margin	16.1%	15.5%	13.1%	12.1%	11.2%	9.9%	8.1%	10.8%	10.8%	15.6%	18.4%	17.3%	17.0%	16.4%	13.8%
Profit Margin	10.5%	10.2%	8.4%	7.6%	7.1%	5.5%	4.0%	6.8%	6.8%	10.4%	12.0%	11.6%	11.4%	10.5%	8.6%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Wabtec Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$11.2B

$10.4B

$9.7B

$8.4B

$7.8B

$7.6B

$8.2B

$4.4B

$3.9B

$2.9B

$3.3B

$3.0B

$2.6B

$2.4B

$2.0B

Cost of Revenue

$7.4B

$7.0B

$6.7B

$5.8B

$5.5B

$5.4B

$5.9B

$3.1B

$2.8B

$2.0B

$2.3B

$2.1B

$1.8B

$1.7B

$1.4B

Gross Profit

$3.8B

$3.4B

$2.9B

$2.5B

$2.4B

$2.1B

$2.3B

$1.2B

$1.1B

$924.2M

$1.0B

$936.0M

$764.0M

$694.6M

$570.4M

SG&A Expense

$1.5B

$1.2B

$1.1B

$1.0B

$948.0M

$1.2B

$633.2M

$512.5M

$373.6M

$347.4M

$324.5M

$262.7M

$245.7M

$247.5M

R&D Expense

$223.0M

$206.0M

$218.0M

$209.0M

$176.0M

$162.0M

$210.0M

$87.5M

$95.2M

$71.4M

$71.2M

$61.9M

$46.3M

$41.3M

$37.2M

Operating Income

$1.8B

$1.6B

$1.3B

$1.0B

$876.0M

$745.0M

$663.0M

$473.4M

$421.1M

$456.6M

$607.6M

$527.1M

$437.3M

$392.3M

$270.7M

Interest Expense

$14.9M

$15.4M

Income Tax

$409.0M

$343.0M

$267.0M

$213.0M

$172.0M

$145.0M

$120.0M

$75.9M

$89.8M

$99.4M

$186.7M

$156.2M

$128.9M

$125.6M

$85.2M

Net Income

$1.2B

$1.1B

$815.0M

$633.0M

$558.0M

$414.0M

$327.0M

$294.9M

$262.3M

$304.9M

$398.6M

$351.7M

$292.2M

$251.7M

$170.1M

EPS (Basic)

$4.54

$3.46

$2.96

$2.18

$1.91

$3.06

$2.74

$3.37

$4.14

$3.66

$3.05

$2.62

$1.77

$2.57

$2.41

EPS (Diluted)

$4.53

$3.46

$2.96

$2.17

$1.84

$3.05

$2.72

$3.34

$4.10

$3.62

$3.01

$2.60

$1.76

$2.56

$2.39

Shares Outstanding

171.3M

177.8M

181.2M

185.8M

188.9M

191.7M

96.6M

96.0M

95.4M

91.8M

96.3M

95.9M

95.4M

47.9M

48.0M

Gross Margin

34.1%

32.4%

30.4%

30.3%

28.3%

27.8%

28.3%

27.4%

31.5%

31.7%

30.7%

29.8%

29.0%

Operating Margin

16.1%

15.5%

13.1%

12.1%

11.2%

9.9%

8.1%

10.8%

15.6%

18.4%

17.3%

17.0%

16.4%

13.8%

Profit Margin

10.5%

10.2%

8.4%

7.6%

7.1%

5.5%

4.0%

6.8%

10.4%

12.0%

11.6%

11.4%

10.5%

8.6%