WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2025-12-31

Swipe to see the full flow
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Annual Balance SheetBalance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$5.15 BCurrent assets$5.69 BLiabilities$10.88 BAssets$22.07 BNon-current liabilities$5.73 BNon-current assets$16.38 BEquity$11.19 BGross equity(calculated)$12.00 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSInventories, netAccounts receivableCash, cash equivalents and restricted cashUnbilled accounts receivableOther current assetsGoodwillOther intangible assets, netProperty, plant and equipment, netOther noncurrent assetsAccounts payableCurrent portion of long-term debtCustomer depositsOther accrued liabilitiesAccrued compensationAccrued warrantyLong-term debtOther long-term liabilitiesDeferred income taxesAdditional paid-in capitalRetained earningsCommon stock, $.01 par value; 500.0 shares authorized; 171.9 shares issued and 170.6 outstanding at December 31, 2025; 226.9 shares issued and 171.3 outstanding at December 31, 2024Noncontrolling interestCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Accumulated other comprehensive lossTreasury stock, at cost, 1.3 and 55.6 shares, at December 31, 2025 and 2024, respectivelyAccounts payableAccounts payable$1.40 BCurrent portion of long-term debtCurrent portion of long-term debt$1.25 BCurrent liabilitiesCurrent liabilities$5.15 BCustomer depositsCustomer deposits$1.02 BInventories, netInventories, net$2.75 BCurrent assetsCurrent assets$5.69 BLiabilitiesLiabilities$10.88 BOther accrued liabilitiesOther accrued liabilities$727.00 MAccounts receivableAccounts receivable$1.41 BAssetsAssets$22.07 BAccrued compensationAccrued compensation$490.00 MCash, cash equivalents and restricted cashCash, cash equivalents and restricted cash$789.00 MAccrued warrantyAccrued warranty$266.00 MUnbilled accounts receivableUnbilled accounts receivable$487.00 MNon-current liabilitiesNon-current liabilities$5.73 BOther current assetsOther current assets$263.00 MLong-term debtLong-term debt$4.29 BNon-current assetsNon-current assets$16.38 BOther long-term liabilitiesOther long-term liabilities$832.00 MEquityEquity$11.19 BGoodwillGoodwill$10.22 BDeferred income taxesDeferred income taxes$606.00 MGross equity (calculated)Gross equity(calculated)$12.00 BAdditional paid-in capitalAdditional paid-in capital$8.07 BOther intangible assets, netOther intangible assets, net$3.84 BProperty, plant and equipment, netProperty, plant and equipment, net$1.62 BRetained earningsRetained earnings$3.88 BOther noncurrent assetsOther noncurrent assets$705.00 MCommon stock, $.01 par value; 500.0 shares authorized; 171.9 shares issued and 170.6 outstanding at December 31, 2025; 226.9 shares issued and 171.3 outstanding at December 31, 2024Common stock$1.00 MNoncontrolling interestNoncontrolling interest$48.00 MAccumulated other comprehensive lossAccumulated other comprehensive loss−$616.00 MTreasury stock, at cost, 1.3 and 55.6 shares, at December 31, 2025 and 2024, respectivelyTreasury stock−$190.00 M
Chart details

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Annual Balance Sheet

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

Assets
22,069,000,000 US dollars
Current assets
5,694,000,000 US dollars
Non-current assets
16,375,000,000 US dollars
Liabilities
10,879,000,000 US dollars
Current liabilities
5,150,000,000 US dollars
Non-current liabilities
5,729,000,000 US dollars
Equity
11,190,000,000 US dollars
Noncontrolling interest
48,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Inventories, net
2,745,000,000 US dollars
Accounts receivable
1,410,000,000 US dollars
Cash, cash equivalents and restricted cash
789,000,000 US dollars
Unbilled accounts receivable
487,000,000 US dollars
Other current assets
263,000,000 US dollars
Goodwill
10,216,000,000 US dollars
Other intangible assets, net
3,838,000,000 US dollars
Property, plant and equipment, net
1,616,000,000 US dollars
Other noncurrent assets
705,000,000 US dollars
Accounts payable
1,402,000,000 US dollars
Current portion of long-term debt
1,250,000,000 US dollars
Customer deposits
1,015,000,000 US dollars
Other accrued liabilities
727,000,000 US dollars
Accrued compensation
490,000,000 US dollars
Accrued warranty
266,000,000 US dollars
Long-term debt
4,291,000,000 US dollars
Other long-term liabilities
832,000,000 US dollars
Deferred income taxes
606,000,000 US dollars
Additional paid-in capital
8,069,000,000 US dollars
Retained earnings
3,878,000,000 US dollars
Common stock, $.01 par value; 500.0 shares authorized; 171.9 shares issued and 170.6 outstanding at December 31, 2025; 226.9 shares issued and 171.3 outstanding at December 31, 2024
1,000,000 US dollars
Noncontrolling interest
48,000,000 US dollars
Accumulated other comprehensive loss
negative 616,000,000 US dollars
Treasury stock, at cost, 1.3 and 55.6 shares, at December 31, 2025 and 2024, respectively
negative 190,000,000 US dollars
Gross equity (calculated)
11,996,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Annual Balance Sheet Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!