Westinghouse Air Brake Technologies Cash Flow Statement
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At close: Oct 9, 4:02 PM ET · Delayed 15 min
Westinghouse Air Brake Technologies free cash flow
In fiscal 2025, Westinghouse Air Brake Technologies generated $1.76 billion of operating cash flow and spent $260.0 million on capital expenditures. That left free cash flow of $1.50 billion, a free-cash-flow margin of 13.4% of revenue. Free cash flow was down 7.9% from the prior year's $1.63 billion.
Westinghouse Air Brake Technologies returned $396.0 million to shareholders: $173.0 million in dividends and $223.0 million in share repurchases, equal to 26% of free cash flow. Free cash flow covered dividend payments 8.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Westinghouse Air Brake Technologies cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.18B | 1.07B | 825.00M | 641.00M | 565.00M | 412.00M | 327.00M | 291.70M | 262.30M | 313.40M |
| Net Income growth (YoY) | +10.87% | +29.33% | +28.71% | +13.45% | +37.14% | +25.99% | +12.10% | +11.21% | -16.31% | -21.38% |
| Depreciation & Amortization | 501.00M | 503.00M | 531.00M | 479.00M | 491.00M | 473.00M | 401.00M | 109.30M | 103.20M | 69.80M |
| Stock-Based Compensation | 80.00M | 66.00M | 47.00M | 41.00M | 46.00M | 20.00M | 50.00M | 25.30M | 21.30M | 20.81M |
| Change in Working Capital | -2.00M | 156.00M | -138.00M | -8.00M | -8.00M | 227.00M | 106.00M | -114.70M | -169.40M | 46.14M |
| Operating Cash Flow | 1.76B | 1.83B | 1.20B | 1.04B | 1.07B | 784.00M | 1.02B | 314.70M | 188.80M | 450.53M |
| Capital Expenditures | -260.00M | -207.00M | -186.00M | -149.00M | -130.00M | -136.00M | -186.00M | -93.30M | -89.50M | -50.22M |
| Investing Cash Flow | -2.75B | -343.00M | -492.00M | -235.00M | -540.00M | -155.00M | -3.18B | -147.30M | -1.03B | -232.97M |
| Dividends Paid | -173.00M | -140.00M | -123.00M | -111.00M | -92.00M | -93.00M | -82.00M | -46.30M | -42.20M | -32.43M |
| Share Repurchases | -223.00M | -1.10B | -409.00M | -473.00M | -300.00M | -207.00M | 0 | 0 | 0 | -212.18M |
| Debt Issued | 4.71B | 2.26B | 5.56B | 6.09B | 5.39B | 3.88B | 3.98B | 3.48B | 1.22B | 1.88B |
| Debt Repaid | -3.22B | -2.32B | -5.52B | -6.12B | -5.55B | -4.08B | -3.42B | -1.45B | -1.27B | -39.60M |
| Financing Cash Flow | 1.03B | -1.37B | -633.00M | -708.00M | -653.00M | -619.00M | 461.00M | 1.98B | -97.40M | 522.97M |
| Net Change in Cash | 74.00M | 95.00M | 79.00M | 68.00M | -126.00M | -5.00M | -1.74B | 2.11B | -909.80M | 714.10M |
| Free Cash Flow | 1.50B | 1.63B | 1.01B | 889.00M | 943.00M | 648.00M | 830.00M | 221.40M | 99.30M | 400.31M |
This table shows 10 annual periods of Westinghouse Air Brake Technologies's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WAB's reporting calendar. What is a cash flow statement?