Westinghouse Air Brake Technologies Corp (WAB)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,056,000 | 815,000 | 633,000 | 558,000 | 414,000 |
| Revenue | US$ in thousands | 10,364,000 | 9,432,000 | 8,179,000 | 7,657,000 | 7,339,800 |
| Net profit margin | 10.19% | 8.64% | 7.74% | 7.29% | 5.64% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,056,000K ÷ $10,364,000K
= 10.19%
Westinghouse Air Brake Technologies Corp's net profit margin has shown a positive trend over the years, increasing from 5.64% in December 31, 2020, to 10.19% in December 31, 2024. This indicates that the company has been able to improve its profitability, with a higher percentage of revenue converting into net income. The rising net profit margin suggests that the company is effectively managing its costs and expenses relative to its revenue, which is a positive indicator of operational efficiency and financial health. The consistent growth in net profit margin reflects the company's ability to generate more profits from its core operations over time.
Peer comparison
Dec 31, 2024