---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-004626"
form_type: "8-K"
ticker: "WAB"
cik: "0000943452"
company_name: "WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:58:53.794618+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Wabtec Q4 adj. EPS $1.54 (+18.5% YoY), sales $2.53B (+9.5%); FY24 adj. EPS guidance $6.50–$6.90

## Summary
- Q4 GAAP EPS $1.20 (+39.5% YoY), adjusted EPS $1.54 (+18.5%); full-year GAAP EPS $4.53.
- Q4 sales $2.53B (+9.5%); Freight +7.7%, Transit +14.3%; record FY23 operating cash flow $1.20B.
- FY24 guidance: sales $10.05–$10.35B, adj. EPS $6.50–$6.90 (mid-point +13.2% YoY).
- Board reauthorized $1.0B share buyback; quarterly dividend raised 17.6% to $0.20 per share.
- 12-month backlog $7.46B (+10.3%); multi-year backlog $22.0B (-2.0%) on FX.

## SEC filing metadata
- accession: 0001628280-24-004626
- form_type: 8-K
- ticker: WAB
- cik: 0000943452
- company_name: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/943452/000162828024004626/0001628280-24-004626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/943452/000162828024004626/wab-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-004626
- JSON: https://secwatch.observer/filing/0001628280-24-004626.json
- Plain text: https://secwatch.observer/filing/0001628280-24-004626.txt

## Key facts
- Earnings Releases
  WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP reported fourth quarter 2023 results: revenue $2,526, EPS $1.20. Guidance initiated.
  - Period: fourth quarter 2023
  - Revenue: $2,526
  - EPS: $1.20
  - Guidance: initiated
  - Result: reported results
  source text: Consolidated Financial Results $ in millions except earnings per share and percentages; margin change in percentage points (pts) Fourth Quarter 2023 2022 Change Net Sales $2,526 $2,306 9.5 % GAAP Gross Margin 30.3 % 28.3 % 2.0 pts Adjusted Gross Margin 30.8 % 29.6 % 1.2 pts GAAP Operating Margin 12.2 % 10.7 % 1.5 pts Adjusted Operating Margin 17.0 % 15.3
  evidence_url: https://www.sec.gov/Archives/edgar/data/943452/000162828024004626/0001628280-24-004626-index.htm

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