WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2024 Annual P&L / Income Statement
2024-01-01 to 2024-12-31
Revenue by Geography
2024-01-01 to 2024-12-31
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WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2024 Annual P&L / Income Statement
Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total net sales
- 10,387,000,000 US dollars
- Total cost of sales
- 7,021,000,000 US dollars
- Gross profit
- 3,366,000,000 US dollars
- Total operating expenses
- 1,757,000,000 US dollars
- Income from operations
- 1,609,000,000 US dollars
- Other income (expense), net (calculated)
- negative 199,000,000 US dollars
- Income before income taxes
- 1,410,000,000 US dollars
- Income tax expense
- 343,000,000 US dollars
- Net income
- 1,067,000,000 US dollars
- GERMANY
- 371,000,000 US dollars
- FRANCE
- 369,000,000 US dollars
- UNITED KINGDOM
- 296,000,000 US dollars
- ITALY
- 166,000,000 US dollars
- Other Europe
- 612,000,000 US dollars
- UNITED STATES
- 4,924,000,000 US dollars
- CANADA
- 616,000,000 US dollars
- MEXICO
- 275,000,000 US dollars
- South America
- 445,000,000 US dollars
- INDIA
- 579,000,000 US dollars
- Kazakhstan / CIS
- 559,000,000 US dollars
- Australia / New Zealand
- 481,000,000 US dollars
- CHINA
- 242,000,000 US dollars
- Other Asia / Middle East
- 258,000,000 US dollars
- EGYPT
- 28,000,000 US dollars
- Other Africa
- 166,000,000 US dollars
- Selling, general and administrative expenses
- 1,248,000,000 US dollars
- Engineering expenses
- 206,000,000 US dollars
- Amortization expense
- 303,000,000 US dollars
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION: $1.06 B; to noncontrolling interests: $11.00 M.

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Gross margin
32.4%
Gross profit / revenue
Operating margin
15.5%
Operating profit / revenue
Cash conversion
171.9%
Operating cash / net income, same period
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