Westinghouse Air Brake Technologies Corp (WAB)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,399,000 | 1,394,000 | 1,337,000 | 1,211,000 | 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 |
| 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 |
| Pretax margin | 13.56% | 13.67% | 13.33% | 12.44% | 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% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,399,000K ÷ $10,317,000K
= 13.56%
Westinghouse Air Brake Technologies Corp's pretax margin has seen a consistent upward trend over the past few years, indicating improving profitability before taxes. The pretax margin stood at 6.97% as of March 31, 2020, and gradually increased to 13.56% by December 31, 2024. This growth suggests effective cost management and operational efficiency within the company. The pretax margin peaked at 13.67% on September 30, 2024, demonstrating the company's ability to generate higher earnings relative to its total revenue before taxes. Overall, the increasing pretax margin reflects positively on Westinghouse Air Brake Technologies Corp's financial performance and potential for sustained profitability.
Peer comparison
Dec 31, 2024