Westinghouse Air Brake Technologies Corp (WAB)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,317,000 | 10,201,000 | 10,031,000 | 9,732,000 | 9,433,000 | 9,244,000 | 8,784,000 | 8,442,000 | 8,182,000 | 7,955,700 | 7,790,000 | 7,757,800 | 7,664,100 | 7,587,500 | 7,552,200 | 7,268,200 | 7,339,800 | 7,743,100 | 7,858,800 | 8,349,740 |
| Total assets | US$ in thousands | 18,702,000 | 18,644,000 | 18,876,000 | 18,747,000 | 18,988,000 | 18,800,000 | 18,985,000 | 18,669,000 | 18,516,000 | 18,262,000 | 18,333,000 | 18,438,000 | 18,454,000 | 18,351,900 | 18,512,400 | 18,543,200 | 18,454,000 | 18,444,400 | 18,465,400 | 18,773,100 |
| Total asset turnover | 0.55 | 0.55 | 0.53 | 0.52 | 0.50 | 0.49 | 0.46 | 0.45 | 0.44 | 0.44 | 0.42 | 0.42 | 0.42 | 0.41 | 0.41 | 0.39 | 0.40 | 0.42 | 0.43 | 0.44 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,317,000K ÷ $18,702,000K
= 0.55
Westinghouse Air Brake Technologies Corp's total asset turnover has exhibited a declining trend from 0.44 in March 2020 to 0.55 in December 2024. This indicates that the company is generating less revenue relative to its total assets over this period. However, there was a slight improvement in the total asset turnover in recent quarters, suggesting potential efficiency gains in asset utilization. Overall, the company should continue monitoring and working towards optimizing its asset turnover to enhance operational performance and profitability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Total asset turnover
Westinghouse Air Brake Technologies Corp
WAB
0.55
Greenbrier Companies Inc
GBX
0.83
Trinity Industries Inc
TRN
0.33