---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-003617"
form_type: "8-K"
ticker: "WAB"
cik: "0000943452"
company_name: "WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T12:50:17.028107+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wabtec Q4 sales +11.2% to $2.31B; adj. EPS $1.30 (+10.2%); FY23 guidance; dividend up 13%

## Summary
- Q4 GAAP EPS $0.86 (-15.7% YoY); adjusted EPS $1.30 (+10.2%); GAAP operating margin 10.7%.
- Freight segment sales $1.67B (+17.1%); Transit segment $637M (-1.7%, +9.3% constant currency).
- Cash from operations $410M; full-year $1.04B; $22.4B multi-year backlog.
- Board authorized $750M share buyback; quarterly dividend raised 13% to $0.17/share.
- FY23 guidance: sales $8.7-9.0B; adj. EPS $5.15-5.55; operating cash conversion >90%.

## SEC filing metadata
- accession: 0001628280-23-003617
- form_type: 8-K
- ticker: WAB
- cik: 0000943452
- company_name: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/943452/000162828023003617/0001628280-23-003617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/943452/000162828023003617/wab-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-003617
- JSON: https://secwatch.observer/filing/0001628280-23-003617.json
- Plain text: https://secwatch.observer/filing/0001628280-23-003617.txt

## Key facts
- Earnings Releases
  WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP reported 2023 fiscal year results: revenue $8.7 billion to $9.0 billion, EPS Adjusted earnings per diluted share is expected to be in a range of $5.15 to $5.55. Guidance initiated.
  - Period: 2023 fiscal year
  - Revenue: $8.7 billion to $9.0 billion
  - EPS: Adjusted earnings per diluted share is expected to be in a range of $5.15 to $5.55
  - Guidance: initiated
  - Result: guidance update
  source text: Wabtec issues 2023 financial guidance with sales expected to be in a range of $8.7 billion to $9.0 billion. Adjusted earnings per diluted share is expected to be in a range of $5.15 to $5.55.
  evidence_url: https://www.sec.gov/Archives/edgar/data/943452/000162828023003617/0001628280-23-003617-index.htm
- Earnings Releases
  WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP reported fourth quarter 2022 results: revenue $2,306 million, EPS GAAP diluted EPS $0.86; Adjusted diluted EPS $1.30.
  - Period: fourth quarter 2022
  - Revenue: $2,306 million
  - EPS: GAAP diluted EPS $0.86; Adjusted diluted EPS $1.30
  - Result: reported results
  source text: reference in such a filing. --- EX-99.1 (EX-99.1) --- earningsrelease4q22vfina News Release Wabtec Reports Strong Fourth Quarter 2022 Results  Sales Growth of 11.2% to $2.31 Billion; Sales Up 15.7% Excluding Impacts of Foreign Currency Exchange  Fourth Quarter Reported GAAP Earnings Per Share of $0.86; Adjusted Earnings Per Share of $1.30  Fourth Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/943452/000162828023003617/0001628280-23-003617-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.