Westinghouse Air Brake Technologies Corp (WAB)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,266,000 | 1,205,000 | 1,096,000 | 1,048,000 | 1,011,000 | 1,028,000 | 984,000 | 923,000 | 876,000 | 773,600 | 763,300 | 719,700 | 745,000 | 809,500 | 771,900 | 813,100 | 663,100 | 530,400 | 486,500 | 409,400 |
| 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 |
| Operating profit margin | 13.42% | 13.04% | 12.48% | 12.41% | 12.36% | 12.92% | 12.63% | 11.90% | 11.43% | 10.20% | 10.11% | 9.90% | 10.15% | 10.45% | 9.82% | 9.74% | 8.27% | 7.83% | 8.27% | 8.56% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,266,000K ÷ $9,433,000K
= 13.42%
The operating profit margin of Westinghouse Air Brake Technologies Corp has shown a relatively stable performance over the past eight quarters, ranging from 11.66% to 13.08%. The company has maintained a consistent level of profitability in relation to its total revenue during this period. Overall, the operating profit margin appears to be healthy and indicates that Westinghouse Air Brake Technologies Corp is effectively managing its operating expenses to generate profits.
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating profit margin
Westinghouse Air Brake Technologies Corp
WAB
13.42%
Greenbrier Companies Inc
GBX
6.50%
Trinity Industries Inc
TRN
13.98%