Westinghouse Historical Income Statement
| WAB Stock | USD 200.04 1.67 0.83% |
Historical analysis of Westinghouse Air income statement accounts such as Depreciation And Amortization of 500.9 M, Total Revenue of 10.2 B, Gross Profit of 3.1 B or Other Operating Expenses of 8.8 B can show how well Westinghouse Air Brake performed in making a profits. Evaluating Westinghouse Air income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Westinghouse Air's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Westinghouse Air Brake latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Westinghouse Air Brake is a good buy for the upcoming year.
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About Westinghouse Income Statement Analysis
Westinghouse Air Brake Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Westinghouse Air shareholders. The income statement also shows Westinghouse investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Westinghouse Air Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Westinghouse Air Brake generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Westinghouse Air Brake minus its cost of goods sold. It is profit before Westinghouse Air operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Westinghouse Air Brake operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Westinghouse Air Brake is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Westinghouse Air income statement and is an important metric when analyzing Westinghouse Air Brake profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Westinghouse Air's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Westinghouse Air Brake current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Westinghouse Air's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 10.2 B, whereas Total Other Income Expense Net is projected to grow to (165.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.8B | 8.4B | 9.7B | 10.2B | Depreciation And Amortization | 491M | 479M | 477M | 500.9M |
Westinghouse Air income statement Correlations
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Westinghouse Air income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 473.3M | 491M | 479M | 477M | 500.9M | |
| Total Revenue | 8.2B | 7.6B | 7.8B | 8.4B | 9.7B | 10.2B | |
| Gross Profit | 2.3B | 1.9B | 2.1B | 2.3B | 3.0B | 3.1B | |
| Other Operating Expenses | 7.5B | 6.7B | 6.9B | 7.3B | 8.4B | 8.8B | |
| Operating Income | 663.1M | 859.5M | 954M | 1.1B | 1.3B | 1.3B | |
| Ebit | 904.1M | 756.1M | 914M | 1.0B | 1.3B | 1.4B | |
| Ebitda | 904.3M | 1.2B | 1.4B | 1.5B | 1.8B | 1.9B | |
| Cost Of Revenue | 5.9B | 5.7B | 5.7B | 6.1B | 6.7B | 7.0B | |
| Total Operating Expenses | 1.6B | 1.0B | 1.2B | 1.2B | 1.7B | 1.8B | |
| Income Before Tax | 446.8M | 557.2M | 737M | 854M | 1.1B | 1.1B | |
| Total Other Income Expense Net | (216.3M) | (302.3M) | (139M) | (157M) | (174M) | (165.3M) | |
| Net Income | 326.7M | 414M | 558M | 633M | 815M | 855.8M | |
| Income Tax Expense | 120.3M | 144.9M | 172M | 213M | 267M | 280.4M | |
| Research Development | 209.9M | 162.1M | 176M | 209M | 218M | 228.9M | |
| Interest Expense | 219.1M | 198.9M | 177M | 186M | 218M | 228.9M | |
| Selling General Administrative | 1.2B | 948M | 1.0B | 1.0B | 1.1B | 1.2B | |
| Net Income Applicable To Common Shares | 326.7M | 414.4M | 558M | 633M | 728.0M | 764.3M | |
| Net Income From Continuing Ops | 326.5M | 412.3M | 565M | 641M | 825M | 427.7M | |
| Minority Interest | (200K) | (2.1M) | 7M | 8M | (10M) | (9.5M) | |
| Tax Provision | 120.3M | 144.9M | 172M | 213M | 267M | 167.3M | |
| Interest Income | 224.5M | 198.9M | 149M | 186M | 213.9M | 140.3M | |
| Net Interest Income | (219.1M) | (198.9M) | (177M) | (186M) | (218M) | (228.9M) | |
| Reconciled Depreciation | 319.2M | 385.1M | 441M | 426M | 477M | 355.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westinghouse Air. If investors know Westinghouse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westinghouse Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.226 | Dividend Share 0.77 | Earnings Share 5.99 | Revenue Per Share 58.76 | Quarterly Revenue Growth 0.044 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.