Westinghouse Air Brake (WAB) Revenue & Revenue Breakdown
Westinghouse Air Brake Revenue Highlights
Latest Revenue (Y)
$9.68B
Latest Revenue (Q)
$2.64B
Main Segment (Y)
Product
Main Geography (Y)
North America
Westinghouse Air Brake Revenue by Period
Westinghouse Air Brake Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $9.68B | 15.73% |
| 2022-12-31 | $8.36B | 6.90% |
| 2021-12-31 | $7.82B | 3.52% |
| 2020-12-31 | $7.56B | -7.85% |
| 2019-12-31 | $8.20B | 87.92% |
| 2018-12-31 | $4.36B | 12.41% |
| 2017-12-31 | $3.88B | 32.43% |
| 2016-12-31 | $2.93B | -11.39% |
| 2015-12-31 | $3.31B | 8.66% |
| 2014-12-31 | $3.04B | 18.63% |
| 2013-12-31 | $2.57B | 7.33% |
| 2012-12-31 | $2.39B | 21.52% |
| 2011-12-31 | $1.97B | 30.57% |
| 2010-12-31 | $1.51B | 7.52% |
| 2009-12-31 | $1.40B | -10.99% |
| 2008-12-31 | $1.57B | 15.78% |
| 2007-12-31 | $1.36B | 25.05% |
| 2006-12-31 | $1.09B | 5.18% |
| 2005-12-31 | $1.03B | 25.79% |
| 2004-12-31 | $822.02M | 14.50% |
| 2003-12-31 | $717.92M | 3.12% |
| 2002-12-31 | $696.20M | -11.17% |
| 2001-12-31 | $783.70M | -23.76% |
| 2000-12-30 | $1.03B | -8.30% |
| 1999-12-31 | $1.12B | 67.10% |
| 1998-12-31 | $670.90M | 18.87% |
| 1997-12-31 | $564.40M | 24.45% |
| 1996-12-31 | $453.50M | 6.71% |
| 1995-12-31 | $425.00M | 22.30% |
| 1994-12-31 | $347.50M | 21.80% |
| 1993-12-31 | $285.30M | - |
Westinghouse Air Brake generated $9.68B in revenue during NA 2023, up 15.73% compared to the previous quarter, and up 221.77% compared to the same period a year ago.
Westinghouse Air Brake Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.64B | 5.89% |
| 2024-03-31 | $2.50B | -1.15% |
| 2023-12-31 | $2.53B | -0.94% |
| 2023-09-30 | $2.55B | 5.94% |
| 2023-06-30 | $2.41B | 9.71% |
| 2023-03-31 | $2.19B | -4.86% |
| 2022-12-31 | $2.31B | 10.81% |
| 2022-09-30 | $2.08B | 1.61% |
| 2022-06-30 | $2.05B | 6.28% |
| 2022-03-31 | $1.93B | -7.04% |
| 2021-12-31 | $2.07B | 8.71% |
| 2021-09-30 | $1.91B | -5.24% |
| 2021-06-30 | $2.01B | 9.95% |
| 2021-03-31 | $1.83B | -9.56% |
| 2020-12-31 | $2.02B | 8.50% |
| 2020-09-30 | $1.87B | 7.35% |
| 2020-06-30 | $1.74B | -9.97% |
| 2020-03-31 | $1.93B | -18.51% |
| 2019-12-31 | $2.37B | 18.32% |
| 2019-09-30 | $2.00B | -10.49% |
| 2019-06-30 | $2.24B | 40.33% |
| 2019-03-31 | $1.59B | 42.56% |
| 2018-12-31 | $1.12B | 3.72% |
| 2018-09-30 | $1.08B | -3.05% |
| 2018-06-30 | $1.11B | 5.26% |
| 2018-03-31 | $1.06B | -1.80% |
| 2017-12-31 | $1.08B | 12.28% |
| 2017-09-30 | $957.93M | 2.75% |
| 2017-07-01 | $932.25M | 1.77% |
| 2017-03-31 | $916.03M | 20.53% |
| 2016-12-31 | $759.98M | 12.49% |
| 2016-09-30 | $675.57M | -6.64% |
| 2016-06-30 | $723.60M | -6.27% |
| 2016-03-31 | $772.03M | -7.30% |
| 2015-12-31 | $832.85M | 2.88% |
| 2015-09-30 | $809.53M | -4.43% |
| 2015-06-30 | $847.03M | 3.47% |
| 2015-03-31 | $818.59M | -0.28% |
| 2014-12-31 | $820.87M | 2.96% |
| 2014-09-30 | $797.27M | 9.06% |
| 2014-06-30 | $731.07M | 5.15% |
| 2014-03-31 | $695.25M | 2.02% |
| 2013-12-31 | $681.48M | 7.93% |
| 2013-09-30 | $631.40M | -1.04% |
| 2013-06-30 | $638.00M | 3.65% |
| 2013-03-31 | $615.51M | 0.84% |
| 2012-12-31 | $610.40M | 3.88% |
| 2012-09-30 | $587.59M | -3.64% |
| 2012-06-30 | $609.82M | 4.54% |
| 2012-03-31 | $583.31M | 9.10% |
| 2011-12-31 | $534.64M | 7.18% |
| 2011-09-30 | $498.84M | 4.16% |
| 2011-06-30 | $478.90M | 5.19% |
| 2011-03-31 | $455.26M | 15.77% |
| 2010-12-31 | $393.24M | 4.67% |
| 2010-09-30 | $375.71M | 0.42% |
| 2010-06-30 | $374.14M | 2.81% |
| 2010-03-31 | $363.93M | 1.32% |
| 2009-12-31 | $359.19M | 8.69% |
| 2009-09-30 | $330.45M | -1.07% |
| 2009-06-30 | $334.01M | -11.63% |
| 2009-03-31 | $377.96M | -6.73% |
| 2008-12-31 | $405.21M | 2.32% |
| 2008-09-30 | $396.02M | 1.49% |
| 2008-06-30 | $390.19M | 1.79% |
| 2008-03-31 | $383.33M | 4.94% |
| 2007-12-31 | $365.27M | - |
Westinghouse Air Brake generated $2.64B in revenue during Q2 2024, up 5.89% compared to the previous quarter, and up 120.51% compared to the same period a year ago.
Westinghouse Air Brake Revenue Breakdown
Westinghouse Air Brake Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service | $2.03B | - | - | - | - |
| Product | $7.65B | $6.46B | $6.21B | $6.23B | $6.91B |
Westinghouse Air Brake's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (79.02%), and Service (20.98%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Transit Segment | $734.00M | $684.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Freight Segment | $1.93B | $1.84B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | $490.00M | $1.53B | $502.00M | $392.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | - | $2.01B | $2.02B | $2.05B | $1.90B | $1.68B | $1.75B | $1.63B | $1.58B | $1.50B | $1.64B | $1.49B | $1.59B | $1.49B | $1.69B | $1.54B | $1.41B | $1.59B | $1.98B | - |
| Specialty Products and Electronics | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $461.90M |
| All Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $43.40M |
| Brake Products | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $239.20M |
| Remanufacturing Overhaul And Build | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $985.20M |
| Transit Products | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $272.00M |
Westinghouse Air Brake's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Freight Segment (72.47%), and Transit Segment (27.53%).
Westinghouse Air Brake Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| South America | $346.00M | $336.00M | $301.00M | $217.10M | - |
| UNITED STATES | $4.55B | $3.73B | $3.32B | $3.16B | $3.38B |
| Other Europe | $520.00M | $385.00M | $427.00M | $405.10M | - |
| Other Asia and Middle East | $240.00M | $183.00M | $177.00M | $198.90M | - |
| Other Africa | $109.00M | $119.00M | $72.00M | $138.40M | - |
| North America | $5.43B | $4.47B | $4.00B | $3.72B | - |
| MEXICO | $347.00M | $287.00M | $220.00M | $187.30M | $356.60M |
| ITALY | $183.00M | $163.00M | $196.00M | $172.30M | $294.30M |
| INDIA | $593.00M | $531.00M | $531.00M | $441.10M | $504.20M |
| GERMANY | $347.00M | $339.00M | $383.00M | $350.50M | $340.00M |
| FRANCE | $346.00M | $273.00M | $286.00M | $251.80M | $296.40M |
| Europe | $1.64B | $1.45B | $1.68B | $1.58B | - |
| EGYPT | $120.00M | $164.00M | $32.00M | $359.80M | - |
| CHINA | $286.00M | $244.00M | $228.00M | $225.00M | $290.40M |
| CANADA | $531.00M | $454.00M | $462.00M | $372.40M | $733.30M |
| Australia and New Zealand | $451.00M | $465.00M | $386.00M | $366.20M | - |
| SWITZERLAND | - | $73.00M | $88.00M | $83.00M | - |
| Russia and CIS | - | - | $412.00M | $312.50M | - |
Westinghouse Air Brake's latest annual revenue breakdown by geography, as of Dec 23: North America (33.84%), UNITED STATES (28.37%), Europe (10.24%), INDIA (3.70%), CANADA (3.31%), Other Europe (3.24%), Australia and New Zealand (2.81%), MEXICO (2.16%), GERMANY (2.16%), South America (2.16%), FRANCE (2.16%), CHINA (1.78%), Other Asia and Middle East (1.50%), ITALY (1.14%), EGYPT (0.75%), and Other Africa (0.68%).
Westinghouse Air Brake Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| UNP | Union Pacific | $24.12B | $6.01B |
| CNI | Canadian National Railway Company | $16.83B | $5.73B |
| CSX | CSX | $14.66B | $3.70B |
| CP | Canadian Pacific Railway | $12.55B | $3.60B |
| NSC | Norfolk Southern | $12.16B | $3.04B |
| WAB | Westinghouse Air Brake | $9.68B | $2.64B |
| GBX | Greenbrier Companies | $3.94B | $820.20M |
| TRN | Trinity Industries | $2.98B | - |
| FSTR | L.B. Foster Company | $543.74M | $140.80M |
| RAIL | FreightCar America | $358.09M | $147.42M |
WAB Revenue FAQ
What is Westinghouse Air Brake’s yearly revenue?
Westinghouse Air Brake's yearly revenue for 2023 was $9.68B, representing an increase of 15.73% compared to 2022. The company's yearly revenue for 2022 was $8.36B, representing an increase of 6.90% compared to 2021. WAB's yearly revenue for 2021 was $7.82B, representing an increase of 3.52% compared to 2020.
What is Westinghouse Air Brake’s quarterly revenue?
Westinghouse Air Brake's quarterly revenue for Q2 2024 was $2.64B, a 5.89% increase from the previous quarter (Q1 2024), and a 9.85% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.5B, a -1.15% decrease from the previous quarter (Q4 2023), and a 13.81% increase year-over-year (Q1 2023). WAB's quarterly revenue for Q4 2023 was $2.53B, a -0.94% decrease from the previous quarter (Q3 2023), and a 9.54% increase year-over-year (Q4 2022).
What is Westinghouse Air Brake’s revenue growth rate?
Westinghouse Air Brake's revenue growth rate for the last 3 years (2021-2023) was 23.72%, and for the last 5 years (2019-2023) was 18.01%.
What are Westinghouse Air Brake’s revenue streams?
Westinghouse Air Brake's revenue streams in c 23 are Service, and Product. Service generated $2.03B in revenue, accounting 20.98% of the company's total revenue Product generated $7.65B in revenue, accounting 79.02% of the company's total revenue, up 18.39% year-over-year.
What is Westinghouse Air Brake’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Westinghouse Air Brake was Product. This segment made a revenue of $7.65B, representing 79.02% of the company's total revenue.