Westinghouse Air Brake Technologies Corporation
NYSE-WAB
Company Overview
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
Name
Westinghouse Air Brake Technologies Corporation
CEO
Mr. Rafael O. Santana
Website
www.wabteccorp.com
Sector
Machinery
Year Founded
1869
Profile
Market Cap
$30.5B
EV
$34.25B
Shares Out
175.18M
Revenue
$10.22B
Employees
29,000
Margins
Gross
32.13%
EBITDA
20.04%
Operating
15.41%
Pre-Tax
13.19%
Net
9.94%
FCF
14.55%
Returns (5Yr Avg)
ROA
3.15%
ROTA
9.2%
ROE
5.85%
ROCE
7.11%
ROIC
5.03%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$181.64
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$590M
Net Debt
$3,702M
Debt/Equity
0.41
EBIT/Interest
7.95
Growth (CAGR)
Rev 3Yr
9.74%
Rev 5Yr
11.14%
Rev 10Yr
14.07%
Dil EPS 3Yr
33.77%
Dil EPS 5Yr
27.23%
Dil EPS 10Yr
5.74%
Rev Fwd 2Yr
6.68%
EBITDA Fwd 2Yr
12.07%
EPS Fwd 2Yr
18.54%
EPS LT Growth Est
16.12%
Dividends
Yield
—
Payout
12.9%
DPS
$0.74
DPS Growth 3Yr
15.52%
DPS Growth 5Yr
9.04%
DPS Growth 10Yr
16.55%
DPS Growth Fwd 2Yr
13.14%