Operating Income for Wabtec (WAB)
According to Wabtec's latest reported financial statements, the company's current operating income (TTM) is $1.85B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

WAB
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.85B
YoY change
+16.2%
5Y CAGR
+20.2%
Peak year (2025)
$1.87B
Cumulative operating income
$13.60B
Operating Income history chart for Wabtec (WAB) from 1993 to 2025
Operating Income history table for Wabtec (WAB) from 1993 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.87B | +16.2% | ||
| 2024 | $1.61B | +27.1% | ||
| 2023 | $1.27B | +25.2% | ||
| 2022 | $1.01B | +15.4% | ||
| 2021 | $876.00M | +17.6% | ||
| 2020 | $745.00M | +12.4% | ||
| 2019 | $663.00M | +40.1% | ||
| 2018 | $473.40M | +12.4% | ||
| 2017 | $421.10M | -7.8% | ||
| 2016 | $456.61M | -24.8% | ||
| 2015 | $607.57M | +15.3% | ||
| 2014 | $527.11M | +20.5% | ||
| 2013 | $437.31M | +11.5% | ||
| 2012 | $392.28M | +44.9% | ||
| 2011 | $270.70M | +33.5% | ||
| 2010 | $202.81M | +12.7% | ||
| 2009 | $180.03M | -15.3% | ||
| 2008 | $212.52M | +18.2% | ||
| 2007 | $179.74M | +38.1% | ||
| 2006 | $130.15M | +28.5% | ||
| 2005 | $101.26M | +82.8% | ||
| 2004 | $55.41M | +7.1% | ||
| 2003 | $51.71M | +8.8% | ||
| 2002 | $47.53M | -12.1% | ||
| 2001 | $54.06M | -30.5% | ||
| 2000 | $77.79M | -11.4% | ||
| 1999 | $87.75M | -39.5% | ||
| 1998 | $145.00M | +16.4% | ||
| 1997 | $124.60M | +57.3% | ||
| 1996 | $79.20M | -17.1% | ||
| 1995 | $95.50M | +7.1% | ||
| 1994 | $89.20M | +43.2% | ||
| 1993 | $62.30M | — |
Operating Income values are taken from Wabtec's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Wabtec (WAB) came in at $1.87B – grew 16.2% year-over-year.
Wabtec operating income compound annual growth for the 2020–2025 (5 years) window is +20.2%, sustaining 8 straight years of year-over-year growth.
The highest annual operating income of $1.87B was reported in 2025. The lowest in the available history was $47.53M in 2002.
Wabtec (WAB) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
Wabtec Operating Income by Year
Wabtec Operating Income 2025: $1.87B
Wabtec operating income in 2025 was $1.87B, grew 16.2% from 2024. This figure represents the highest annual value in the available history.
Wabtec Operating Income 2024: $1.61B
Wabtec operating income in 2024 was $1.61B, grew 27.1% from 2023.
Wabtec Operating Income 2023: $1.27B
Wabtec operating income in 2023 was $1.27B, grew 25.2% from 2022.
Wabtec Operating Income 2022: $1.01B
Wabtec operating income in 2022 was $1.01B, grew 15.4% from 2021.
Wabtec Operating Income 2021: $876.00M
Wabtec operating income in 2021 was $876.00M.
See more financial history for Wabtec (WAB).
Sector peers — Operating Income
Companies in the same sector as Wabtec, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Wabtec's operating income?
- Latest reported operating income for Wabtec (WAB) is $1.85B (period ending March 31, 2026).
How has Wabtec operating income changed year-over-year?
- Wabtec (WAB) operating income changed +16.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Wabtec operating income?
- Wabtec (WAB) operating income compound annual growth rate is +20.2% over the most recent 5 years available.
When did Wabtec operating income hit its highest annual value?
- Wabtec operating income reached its highest annual value of $1.87B in 2025.
What was Wabtec operating income in 2024?
- Wabtec (WAB) operating income in 2024 was $1.61B.
What was Wabtec operating income in 2025?
- Wabtec (WAB) operating income in 2025 was $1.87B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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