Westinghouse Air Brake Technologies Corp (WAB)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,609,000 | 1,583,000 | 1,520,000 | 1,402,000 | 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 |
| Revenue (ttm) | US$ in thousands | 10,317,000 | 10,201,000 | 10,031,000 | 9,732,000 | 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 |
| Operating profit margin | 15.60% | 15.52% | 15.15% | 14.41% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,609,000K ÷ $10,317,000K
= 15.60%
Westinghouse Air Brake Technologies Corp has shown a positive trend in its operating profit margin over the past few years. The operating profit margin has steadily increased from 9.74% in March 2020 to 15.60% in December 2024. This indicates an improvement in the company's ability to generate profit from its core business operations.
The company saw fluctuations in its operating profit margin during the period, with some quarters showing slight decreases followed by strong increases in subsequent quarters. Notably, there was a significant jump in the operating profit margin from September 2023 to December 2023, reaching 13.42% to 14.41%, showcasing a notable improvement in profitability.
Overall, Westinghouse Air Brake Technologies Corp's operating profit margin performance demonstrates a positive trajectory and an increasing trend, reflecting effective cost management and operational efficiency within the company.
Peer comparison
Dec 31, 2024