Beverly Babcock
On July 1, 2022, Beverly Babcock was elected to serve as a member of the board of directors of Westinghouse Air Brake Technologies Corporation (“Wabtec”).
Highest-materiality recent filing
Wabtec Q2 2026: Sales $3.18B (+17.5% YoY), Adj. EPS $2.76 (+21.6%), FY guidance raised
GAAP EPS $2.33 (+18.9% YoY); adjusted EPS $2.76 (+21.6% YoY).
Wabtec Q1 2026: Sales $2.95B (+13%), Adj EPS $2.71 (+18.9%), Raises FY EPS guide
GAAP diluted EPS $2.12 (+12.8% YoY); revenue $2.95B (+13.0% vs Q1 2025).
Wabtec Q4 adjusted EPS up 25% YoY to $2.10; 2026 EPS guidance $10.05-$10.45
Q4 sales $2.97B (+14.8% YoY); FY sales $11.17B (+7.5%); Q4 adjusted EPS $2.10 vs $1.68; FY adjusted EPS $8.97 vs $7.56.
Wabtec Q3 2025 adjusted EPS $2.32 (+16% YoY); raises FY2025 adjusted EPS guidance to $8.85-$9.05
Sales $2.89B (+8.4% YoY); GAAP EPS $1.81 (+11%); GAAP operating margin 17.0%.
Wabtec Q2 Adj EPS $2.27 (+15.8%); raises FY2025 Adj EPS guidance to $8.55-$9.15
GAAP EPS $1.96 (+19.5% YoY); Adjusted EPS $2.27 (+15.8% YoY) on sales $2.71B (+2.3%).
Wabtec completes $1.78B acquisition of Evident Inspection Technologies division
Acquired for $1.78B (~$1.68B net of tax benefits); financed with cash, term notes, and loans.
Wabtec prices $1.25B senior notes offering; proceeds for acquisition and refinancing
$500M 4.900% notes due 2030 and $750M 5.500% notes due 2035 priced on May 19, 2025.
Wabtec Q1 2025 adjusted EPS $2.28 (+20.6% YoY); raises FY2025 EPS guidance mid-point by $0.10
Sales $2.61B (+4.5% YoY); GAAP EPS $1.88 (+22.9%); adjusted EPS $2.28 (+20.6%).
Wabtec Q4 adjusted EPS $1.68 vs $1.54 YoY; guides 2025 EPS $8.35-8.75, raises dividend 25%
Q4 GAAP EPS $1.23 (+2.5% YoY); adjusted EPS $1.68 (+9.1% YoY); sales $2.58B (+2.3% YoY).
Wabtec acquires Evident Inspection Technologies for $1.78B; expects H1 2025 close
Purchase price $1.78B ($1.68B after tax benefits); 12.0x projected 2025 Adj. EBITDA.
Wabtec Q3 adj. EPS $2.00 (+17.6% YoY); raises FY24 adj. EPS guidance to $7.45-$7.65
GAAP diluted EPS of $1.63 (+22.6% YoY); adjusted diluted EPS of $2.00 (+17.6% YoY).
Wabtec Q2 2024 adjusted EPS $1.96 (+39% YoY), raises FY2024 guidance to $7.20-$7.50
Sales $2.64B, +9.8% YoY; Freight segment sales +13.1% to $1.92B.
Wabtec Q1 2024 sales up 13.8% to $2.50B, adj. EPS $1.89 (+47.7% YoY); raises FY guidance
GAAP EPS $1.53 (+64.5% YoY); Adjusted EPS $1.89 (+47.7% YoY); Adjusted operating margin 19.8% (+3.4 pts).
WAB raises $500M in 5.611% Senior Notes due 2034; plans $225M term loan
Issued $500M aggregate principal of 5.611% Senior Notes maturing March 11, 2034.
Wabtec Q4 adj. EPS $1.54 (+18.5% YoY), sales $2.53B (+9.5%); FY24 adj. EPS guidance $6.50–$6.90
Q4 GAAP EPS $1.20 (+39.5% YoY), adjusted EPS $1.54 (+18.5%); full-year GAAP EPS $4.53.
Wabtec Q3 adj. EPS $1.70 (+39% YoY); raises FY2023 guidance
GAAP EPS $1.33 (+51.1% YoY), adjusted EPS $1.70 (+39.3%), sales $2.55B (+22.5%).
Wabtec Q2 sales up 17.5% to $2.41B; adj. EPS $1.41, raises FY guidance mid-point 16% YoY
GAAP EPS $1.06 (+16.5% YoY); adjusted EPS $1.41 (+14.6% YoY); revenue $2.41B vs $2.05B.
Wabtec Q1 sales up 13.9% to $2.19B; adj EPS $1.28, up 13.3% YoY
GAAP EPS $0.93, up 16.3%; adjusted EPS $1.28, up 13.3% vs Q1 2022.
Wabtec Q4 sales +11.2% to $2.31B; adj. EPS $1.30 (+10.2%); FY23 guidance; dividend up 13%
Q4 GAAP EPS $0.86 (-15.7% YoY); adjusted EPS $1.30 (+10.2%); GAAP operating margin 10.7%.
Quarterly dividend raised 13% to $0.17 per share; payable March 10, 2023 to holders of record Feb 24.
Wabtec enters new severance agreements with CEO Santana, CFO Olin, and three other named executives
Replaces prior ECA and severance agreements with CEO Santana ($1.25M minimum base, 160% target bonus).
Wabtec Q3 sales $2.08B (+9.1%), adj EPS $1.22 (+7%), narrows FY guidance on FX
Q3 sales $2.08B (+9.1% YoY); GAAP EPS $0.88 (+27.5%), adj EPS $1.22 (+7.0%).
Wabtec Q2 adj EPS $1.23 (+16% YoY); backlog $23.2B; guidance narrowed
Q2 GAAP EPS $0.91 (+37.9% YoY); adjusted EPS $1.23 (+16% YoY).
Wabtec secures >$1B deal with Union Pacific for 600 locomotive modernizations
Agreement worth over $1 billion, largest locomotive modernization order in rail history.
Wabtec Q1 GAAP EPS $0.80, adj EPS $1.13 (+27%); dividend raised 25%
GAAP EPS $0.80, adjusted EPS $1.13 (+27% YoY); GAAP op margin 12.4%, adjusted 16.5%.
Wabtec outlines five-year growth targets and $75-90M Integration 2.0 savings plan
Five-year targets: mid-single-digit core organic CAGR, 250-300 bps adjusted margin expansion, double-digit adjusted EPS CAGR.
Wabtec Q4 GAAP EPS $1.02, adj. EPS $1.18; 2022 guidance issued; buyback reauthorized, dividend +25%
Q4 GAAP EPS $1.02 (+121.7% YoY); adjusted EPS $1.18 (+20.4%); sales $2.07B (+2.4%).
Wabtec Q3 adj EPS $1.14, up 20% YoY; sales $1.91B; tightens FY21 guidance
GAAP EPS $0.69; adj EPS $1.14 (+20% YoY); operating cash flow $244M in Q3.
On July 1, 2022, Beverly Babcock was elected to serve as a member of the board of directors of Westinghouse Air Brake Technologies Corporation (“Wabtec”).
On May 18, 2022, Mr. Lee B. Foster and Mr. Michael Howell, each a member of the Board of Directors (the “Board”) of Westinghouse Air Brake Technologies Corporation (the “Company”), retired from the Board.
On May 18, 2022, Mr. Lee B. Foster and Mr. Michael Howell, each a member of the Board of Directors (the “Board”) of Westinghouse Air Brake Technologies Corporation (the “Company”), retired from the Board.
As previously announced by Westinghouse Air Brake Technologies Corporation (the “Company”) on August 11, 2021, Patrick A. Dugan, Executive Vice President Finance and Chief Financial Officer, will leave the Company to pursue other opportunities, and is expected to do so in the fourth quarter of 2021.
Patrick A. Dugan, Executive Vice President Finance and Chief Financial Officer, is leaving the Company to pursue other opportunities.
the Company’s Board of Directors (the “Board”) appointed John A. Olin, 60, to succeed Mr. Dugan, effective October 1, 2021
On July 8, 2021, Byron Foster was elected to serve as a member of the board of directors of Westinghouse Air Brake Technologies Corporation (“Wabtec”).
Max materiality 0.85 · Median 0.65 · Most common event earnings