Westinghouse Air Brake Technologies Corp - Company Profile
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Westinghouse Air Brake Technologies Corp (Wabtec), doing business as Wabtec Corp, is a provider of technology-based equipment and services for freight rail and passenger transit industries. It offers products such as positive train control equipment, railway electronics, air compressors and dryers, track and switch products, and traction motors. Wabtec provides locomotive overhauls and fleet maintenance services, component repair, upgrade and reconditioning and signal design and engineering services. Its customers include leasing companies, publicly traded railroads, original equipment manufacturers of locomotives and freight cars and utilities, municipalities and public transit authorities, and buses and subway car manufacturers. The company operates in the Americas, Europe, Asia Pacific and Africa. Wabtec is headquartered in Pittsburgh, Pennsylvania, the US.
Headquarters
United States of America
Address
30 Isabella Street, Pittsburgh, Pennsylvania, 15212
Website
www.wabteccorp.com
Telephone
1 412 8251000
No of Employees
29,000
Industry
Transport and Logistics
Ticker Symbol & Exchange
WAB (NYSE)
Revenue (2022)
$9.7B
15.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
28.8%
(2022 vs 2021)
Market Cap*
$25.6B
Net Profit Margin (2022)
XYZ
11.2%
(2022 vs 2021)
* As of and is in US$
Westinghouse Air Brake Technologies Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Locomotive: | Asset Performance Management |
| Freight Car | Certified Pre-Owned |
| Mining | Maintenance |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into a contract with CSX to modernize 200 Locomotives. |
| 2024 | Contracts/Agreements | In January, the company secured a contract, worth US$157 million, from the Mobility Business of Siemens India Private Ltd for the 9000HP locomotive project for Indian Railways. |
| 2023 | Contracts/Agreements | In December, the company entered into a partnership with Intermodal Telematics to manufacture telematics technology tailored for rail cars. |
Competitor Comparison
| Key Parameters | Westinghouse Air Brake Technologies Corp | Caterpillar Inc | CRRC Corp Ltd | CSX Corp | AGCO Corporation |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | China | United States of America | United States of America |
| City | Pittsburgh | Irving | Beijing | Jacksonville | Duluth |
| State/Province | Pennsylvania | Texas | Beijing | Florida | Georgia |
| No. of Employees | 29,000 | 113,200 | 154,292 | 23,000 | 27,900 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Albert J. Neupaver | Chairman | Executive Board | 2020 | 72 |
| William E. Kassling | Vice Chairman | Executive Board | 2020 | 79 |
| Rafael Santana | Chief Executive Officer; President; Director | Executive Board | 2019 | 51 |
| John Olin | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | 62 |
| John A. Mastalerz | Chief Accounting Officer; Senior Vice President - Finance | Senior Management | 2020 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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