Westinghouse Air Brake Technologies Corp (WAB)
Return on total capital
| 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 interest and tax (EBIT) (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 |
| Long-term debt | US$ in thousands | 3,480,000 | 3,517,000 | 3,494,000 | 3,997,000 | 3,288,000 | 3,288,000 | 3,401,000 | 3,189,000 | 3,751,000 | 3,824,000 | 3,987,000 | 4,225,000 | 4,056,000 | 4,067,200 | 4,079,600 | 3,923,300 | 3,792,000 | 3,799,900 | 3,768,700 | 4,655,100 |
| Total stockholders’ equity | US$ in thousands | 10,091,000 | 10,250,000 | 10,477,000 | 10,462,000 | 10,487,000 | 10,326,000 | 10,188,000 | 10,085,000 | 10,102,000 | 9,881,000 | 9,905,000 | 10,049,000 | 10,201,000 | 10,156,600 | 10,294,400 | 10,144,100 | 10,123,000 | 10,016,900 | 9,845,600 | 9,761,800 |
| Return on total capital | 11.86% | 11.50% | 10.88% | 9.70% | 9.19% | 8.85% | 8.07% | 7.90% | 7.30% | 7.50% | 7.08% | 6.47% | 6.14% | 5.44% | 5.31% | 5.12% | 5.35% | 5.86% | 5.67% | 5.64% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,609,000K ÷ ($3,480,000K + $10,091,000K)
= 11.86%
Westinghouse Air Brake Technologies Corp's return on total capital has shown a generally increasing trend over the analyzed period, starting at 5.64% in March 2020 and rising steadily to reach 11.86% by December 2024. This indicates the company's improving ability to generate profits from the total capital employed in its operations. The consistent upward trend in return on total capital reflects positively on the company's efficiency in utilizing its capital resources to generate returns for its investors. It suggests effective capital allocation and management strategies. Overall, the increasing return on total capital indicates a favorable financial performance and improved profitability for Westinghouse Air Brake Technologies Corp.
Peer comparison
Dec 31, 2024