WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2024 Q3 P&L / Income Statement
2024-07-01 to 2024-09-30
Revenue by Business Segment by Product and Service
2024-07-01 to 2024-09-30
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WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2024 Q3 P&L / Income Statement
Income statement for 2024-07-01 through 2024-09-30. View: Segments by Product and Service. 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 - Equipment
- 513,000,000 US dollars
- Freight Segment - Services
- 917,000,000 US dollars
- Freight Segment - Components
- 296,000,000 US dollars
- Freight Segment - Digital Intelligence
- 204,000,000 US dollars
- Transit Segment - Aftermarket
- 384,000,000 US dollars
- Transit Segment - Original Equipment Manufacturer
- 349,000,000 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
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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: $283.00 M; to noncontrolling interests: $3.00 M.

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Gross margin
33.0%
Gross profit / revenue
Operating margin
16.3%
Operating profit / revenue
Cash conversion
189.5%
Operating cash / net income, same period
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