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Westinghouse Air Brake Technologies Corporation (WAB)
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WAB Cash Flow Statement

Operating, investing, and financing cash flow analysis

WAB Quarterly Cash Flow Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Cash from Operations (CFO)
1.767B199.000M992.000M367.000M209.000M191.000M723.000M542.000M235.000M
1.210B362.000M202.000M310.000M336.000M322.000M212.000M283.000M289.000M
Depreciation & Amortization
478.000M87.000M136.000M150.000M105.000M110.000M118.000M123.000M106.000M
27.000M22.000M22.000M-36.000M19.000M17.000M22.000M18.000M17.000M
Change in Accounts Receivable
7.788B2.252B1.897B2.198B1.441B1.392B1.152B1.231B1.269B
Change in Inventory
Change in Accounts Payable
Change in Working Capital
-45.000M-315.000M578.000M-86.000M-222.000M-263.000M317.000M115.000M-176.000M
Cash from Investing
-124.000M-46.000M-122.000M83.000M-39.000M-44.000M-84.000M-46.000M-46.000M
-2.513B0.00-758.000M-1.740B-15.000M0.00-153.000M4.000M0.00
Cash from Financing
Debt Repayment
-219.000M-242.000M-75.000M148.000M-50.000M-98.000M-123.000M-599.000M-200.000M
-183.000M-53.000M-43.000M-43.000M-44.000M-43.000M-34.000M-35.000M-35.000M
1.643B153.000M870.000M450.000M170.000M147.000M639.000M496.000M189.000M
Net Change in Cash
-167.000M-258.000M261.000M-971.000M801.000M-17.000M305.000M-185.000M-44.000M

WAB Annual Cash Flow Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Cash from Operations (CFO)
1.759B1.834B1.201B1.038B1.073B783.700M1.016B314.671M
1.170B1.056B815.000M633.000M558.000M414.000M327.000M294.900M
Depreciation & Amortization
501.000M459.000M477.000M426.000M441.000M385.000M319.000M109.300M
80.000M66.000M47.000M41.000M46.000M20.000M50.000M25.315M
Change in Accounts Receivable
1.897B1.152B1.160B975.000M1.085B969.000M1.150B801.200M
Change in Inventory
Change in Accounts Payable
Change in Working Capital
7.000M187.000M-97.000M-109.000M-63.000M-33.200M331.200M-107.243M
Cash from Investing
-260.000M-207.000M-186.000M-149.000M-130.000M-136.400M-185.300M-93.305M
-2.507B-149.000M-308.000M-89.000M-435.000M-40.300M-2.996B-51.153M
Cash from Financing
Debt Repayment
-223.000M-1.097B-409.000M-473.000M-300.000M-207.000M0.000.00
-173.000M-140.000M-123.000M-111.000M-92.000M-92.500M-81.700M-46.277M
1.499B1.627B1.015B889.000M943.000M647.300M830.200M221.366M
Net Change in Cash
74.000M95.000M79.000M68.000M-126.000M-5.500M-1.738B2.109B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Westinghouse Air Brake Technologies Corporation

Westinghouse Air Brake Technologies Corporation (WAB) delivers a comprehensive suite of advanced technological solutions, equipment, and services tailored for the global freight railway and urban mass transit sectors. Its operations are bifurcated into two principal divisions: Freight and Transit. The Freight segment develops, produces, and maintains critical components for both newly manufactured and operational freight carriages and locomotives. This includes constructing brand-new commuter-focused locomotives, undertaking comprehensive rebuilding of freight locomotives, and delivering sophisticated railway electronic systems, positive train control (PTC) technology, signal design expertise, and related engineering provisions. This segment also furnishes essential heat exchange and cooling apparatus. Its clientele encompasses major publicly listed railway operators, equipment leasing firms, original equipment manufacturers (OEMs) of locomotives and freight cars, and various utility companies. The Transit segment is responsible for the production and upkeep of components utilized in both new and existing passenger conveyance systems, including regional and high-speed trains, subway cars, light-rail vehicles, and buses. This division also renovates subway cars and supplies HVAC (heating, ventilation, and air conditioning) systems, alongside doors for both buses and subways. This division caters to public transit agencies, municipal governments, leasing corporations, and manufacturers specializing in subway cars and buses. Beyond these core offerings, the company's extensive product portfolio further includes advanced electronically controlled pneumatic braking systems, various railway electronic devices, robust freight car undercarriages, crucial draft gears, couplers, and slack adjusters, as well as air compression and drying units. They also offer diverse heat exchange and cooling solutions, track and switch apparatus, and comprehensive railway braking components. WAB manufactures new switcher locomotives, friction products, and provides extensive overhaul, modernization, and refurbishment services for both transit and freight locomotives and cars. Additionally, their offerings extend to platform screen doors, pantographs, window assemblies, specialized couplers, accessibility lifts and ramps for public transport vehicles, and traction motors. Established in 1869, the company maintains its corporate headquarters in Pittsburgh, Pennsylvania.

Pittsburgh, PA
29,500 employees
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Rafael Ottoni Santana