Westinghouse Air Brake Technologies Corp (WAB)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,082,000 | 1,013,000 | 909,000 | 876,000 | 846,000 | 869,000 | 829,000 | 774,000 | 730,000 | 617,100 | 618,100 | 564,400 | 559,000 | 613,000 | 551,800 | 582,100 | 446,500 | 330,500 | 321,000 | 270,303 |
| 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 |
| Pretax margin | 11.47% | 10.96% | 10.35% | 10.38% | 10.34% | 10.92% | 10.64% | 9.98% | 9.52% | 8.13% | 8.18% | 7.77% | 7.62% | 7.92% | 7.02% | 6.97% | 5.57% | 4.88% | 5.46% | 5.65% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,082,000K ÷ $9,433,000K
= 11.47%
Westinghouse Air Brake Technologies Corp has demonstrated a relatively stable pretax margin performance over the past eight quarters, ranging between 9.81% in Q1 2022 to 11.28% in Q4 2023. Despite some fluctuations, the pretax margin has generally remained above 10%, indicating effective cost management and operating efficiency. The slight increase in pretax margin in the most recent quarter suggests improved profitability and better control over costs. Overall, Westinghouse Air Brake Technologies Corp's pretax margin trend reflects a consistent focus on maximizing profitability before accounting for taxes.
Peer comparison
Dec 31, 2023