Westinghouse Air Brake Technologies Corp (WAB)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 815,000 | 758,000 | 678,000 | 653,000 | 633,000 | 665,000 | 636,000 | 595,000 | 558,000 | 455,500 | 452,600 | 414,400 | 414,000 | 462,200 | 425,200 | 442,500 | 326,400 | 225,100 | 221,700 | 202,000 |
| Revenue (ttm) | US$ in thousands | 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 | 8,022,180 | 6,771,660 | 5,880,540 | 4,781,280 |
| Net profit margin | 8.64% | 8.20% | 7.72% | 7.74% | 7.74% | 8.36% | 8.16% | 7.67% | 7.28% | 6.00% | 5.99% | 5.70% | 5.64% | 5.97% | 5.41% | 5.30% | 4.07% | 3.32% | 3.77% | 4.22% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $815,000K ÷ $9,433,000K
= 8.64%
The net profit margin of Westinghouse Air Brake Technologies Corp has shown some fluctuation over the past few quarters. It ranged from a low of 7.51% in Q2 2022 to a high of 8.42% in Q4 2023. Generally, the company has maintained a healthy net profit margin, with figures consistently above 7%. This indicates that the company is able to generate a decent level of profit relative to its revenue. However, management should continue to monitor and analyze the factors influencing these fluctuations to ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Westinghouse Air Brake Technologies Corp
WAB
8.64%
Greenbrier Companies Inc
GBX
2.97%
Trinity Industries Inc
TRN
3.55%