WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2024 Q3 P&L / Income Statement

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Business segment (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total net sales

2,663,000,000 US dollars

Total cost of sales

1,783,000,000 US dollars

Gross profit

880,000,000 US dollars

Total operating expenses

447,000,000 US dollars

Income from operations

433,000,000 US dollars

Other income (expense), net (calculated)

negative 55,000,000 US dollars

Income before income taxes

378,000,000 US dollars

Income tax expense

92,000,000 US dollars

Net income

286,000,000 US dollars

Freight Segment

1,942,000,000 US dollars

Transit Segment

756,000,000 US dollars

Selling, general and administrative expenses

318,000,000 US dollars

Engineering expenses

50,000,000 US dollars

Amortization expense

79,000,000 US dollars

Revenue before reconciliation (calculated)

2,698,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Corporate Activities and Elimination

negative 35,000,000 US dollars. Reported reconciliation to consolidated revenue.

Freight Segment costs (calculated)

1,552,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Transit Segment costs (calculated)

677,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

1,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

• 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.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION: $283.00 M; to noncontrolling interests: $3.00 M.