Westinghouse Air Brake Technologies Corp (WAB)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,609,000 | 1,266,000 | 1,011,000 | 876,000 | 745,000 |
| Revenue | US$ in thousands | 10,364,000 | 9,432,000 | 8,179,000 | 7,657,000 | 7,339,800 |
| Operating profit margin | 15.52% | 13.42% | 12.36% | 11.44% | 10.15% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,609,000K ÷ $10,364,000K
= 15.52%
Westinghouse Air Brake Technologies Corp's operating profit margin has shown a positive trend over the past five years, increasing from 10.15% as of December 31, 2020, to 15.52% as of December 31, 2024. This signifies the company's improved ability to generate profit from its core business operations after accounting for variable and fixed costs. The consistent growth in operating profit margin indicates effective cost management, operational efficiency, and possibly increasing revenue. A rising operating profit margin is generally viewed positively by investors as it reflects the company's ability to maintain profitability amidst changing market conditions. Westinghouse Air Brake Technologies Corp's increasing operating profit margin suggests that the company is on a path of sustainable growth and operational effectiveness.
Peer comparison
Dec 31, 2024