Financial insights of WAB

MyFinsight

For the year ending 2025-12-31, WAB made $11,167M in revenue. $1,170M in net income. Net profit margin of 10.48%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total net sales	11,167	10,387	9,677	8,362
Product	6,244	5,918	5,581	4,791
Service	1,117	1,103	1,152	1,031
Total cost of sales	7,361	7,021	6,733	5,822
Gross profit	3,806	3,366	2,944	2,540
Selling, general and administrative expenses	1,490	1,248	1,139	1,029
Engineering expenses	223	206	218	209
Amortization expense	300	303	321	291
Total operating expenses	2,013	1,757	1,678	1,529
Income from operations	1,793	1,609	1,266	1,011
Interest expense, net	225	201	-218	-186
Other income, net	24	2	44	29
Income (loss) before income taxes	1,592	1,410	1,092	854
Income tax expense	409	343	267	213
Net income	1,183	1,067	825	641
Less net income attributable to noncontrolling interest	13	11	10	8
Net income attributable to wabtec shareholders	1,170	1,056	815	633

Basic (in shares)	170,500,000	174,100,000	178,800,000	182,200,000
Diluted (in shares)	171,100,000	174,800,000	179,500,000	182,800,000
Net income attributable to wabtec shareholders (in dollars per share)	6.83	6.04	4.53	3.46
Net income attributable to wabtec shareholders (in dollars per share)	6.84	6.05	4.54	3.46