Company

Wabtec Corporation

Headquarters: Pittsburgh, PA, United States

Founded: 1999 

Employees: 25,000

CEO: Mr. Rafael O. Santana

show_chart NYSE: WAB +2.42%

Market Cap

$17.97 Billion

USD as of April 1, 2022

history Market Cap History

Wabtec Corporation market capitalization over time

Evolution of Wabtec Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Wabtec Corporation

Detailed Description

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Wikipedia Introduction

Wabtec Corporation (derived from Westinghouse Air Brake Technologies Corporation) is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999. It is headquartered in Pittsburgh, Pennsylvania. Wabtec manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to 6,000 horsepower (4 MW). The company merged with GE Transportation on February 25, 2019.

Source: Wikipedia, retrieved on March 31, 2022, 9:07 p.m.

Stocks & Indices

Wabtec Corporation has the following listings and related stock indices.


Stock: NYSE: WAB

Stock: Bovespa: W1AB34

Stock: FSX: WB2

Stock: XETR: WB2

Product & Services

Rail braking systems, locomotives, air condition and heat exchanging systems, other rolling stock components, Locomotive servicing, overhaul and repair

Key People

Albert J. Neupaver​ (chairman) Rafael Santana (president​ and CEO) Patrick D. Dugan (senior vice​ president and CFO)

Financials

Revenue: US$ 3,882 million (2017)

Operating income: US$ 421.7 million (2017)

Net income: US$ 262.3 million (2017)


Total assets: US$ 6,580 million (2017)

Total equity: US$ 2,829 million (2017)

Details

Headquarters:

30 Isabella Street

Pittsburgh, PA 15212

United States

Phone: 412 825 1000

Fax: 412 825 1019