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
4.52%
Trinity Industries Inc
TRN
3.55%