Overview Financials News + Filings Key Docs Charts Transactions Ownership Insiders
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| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Net sales: | | | | | | | | |
| Total net sales | 7,822.0 | 7,556.0 | 8,200.0 | 4,363.5 | 3,881.7 | -1,082.7 | 3,308.0 | 3,044.5 |
| Total net sales growth | 3.5% | -7.9% | 87.9% | 12.4% | -458.5% | -132.7% | 8.7% | 18.6% |
| Cost of sales: | | | | | | | | |
| Total cost of sales | -5,453.0 | -5,419.0 | -5,922.0 | -3,129.6 | -2,816.4 | -2,006.9 | -2,260.2 | -2,108.5 |
| Gross profit | 2,369.0 | 2,137.0 | 2,278.0 | 1,233.9 | 1,065.3 | 924.2 | 1,047.8 | 936.0 |
| Gross margin | 30.3% | 28.3% | 27.8% | 28.3% | 27.4% | -85.4% | 31.7% | 30.7% |
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| Operating expenses: | | | | | | | | |
| Selling, general and administrative expenses | 1,030.0 | 948.0 | 1,167.0 | 633.2 | 512.5 | 373.6 | 347.4 | 324.5 |
| Engineering expenses | 176.0 | 162.0 | 210.0 | 87.5 | 95.2 | 71.4 | 71.2 | 61.9 |
| Amortization expense | 287.0 | 282.0 | 238.0 | 39.8 | 36.5 | 22.7 | 21.7 | 22.4 |
| Total operating expenses | 1,493.0 | 1,392.0 | 1,615.0 | 760.5 | 644.2 | 467.6 | 440.2 | 408.9 |
| Income from operations | 876.0 | 745.0 | 663.0 | 473.4 | 421.1 | 456.6 | 607.6 | 527.1 |
| Operating margin | 11.2% | 9.9% | 8.1% | 10.8% | 10.8% | -42.2% | 18.4% | 17.3% |
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| Other income and expenses: | | | | | | | | |
| Interest expense, net | -177.0 | -199.0 | -219.0 | -112.2 | -77.9 | -50.3 | -36.3 | -36.0 |
| Other income, net | 38.0 | 11.0 | 3.0 | 6.4 | 8.9 | 6.5 | -5.3 | -1.7 |
| Income before income taxes | 737.0 | 557.0 | 447.0 | 367.6 | 352.1 | 412.8 | 585.4 | 507.9 |
| Income tax expense | -172.0 | -145.0 | -120.0 | -75.9 | -89.8 | -99.4 | -186.7 | -156.2 |
| Net income | 565.0 | 412.0 | 327.0 | 291.7 | 262.3 | 313.4 | 398.6 | 351.7 |
| Less: Net income attributable to noncontrolling interest | -7.0 | 2.0 | | 3.2 | | -8.5 | | |
| Net income attributable to Wabtec shareholders | 558.0 | 414.0 | 327.0 | 294.9 | 262.3 | 304.9 | 398.6 | 351.7 |
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| Basic | | | | | | | | |
| Net income attributable to Wabtec shareholders (in dollars per share) | $2.96 | $2.18 | $1.91 | $3.06 | $2.74 | $3.37 | $4.14 | $3.66 |
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| Diluted | | | | | | | | |
| Net income attributable to Wabtec shareholders (in dollars per share) | $2.96 | $2.17 | $1.84 | $3.05 | $2.72 | $3.34 | $4.10 | $3.62 |
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| Weighted average shares outstanding | | | | | | | | |
| Basic (in shares) | 187.7 | 189.9 | 170.5 | 96.0 | 95.5 | 90.4 | 96.1 | 95.8 |
| Diluted (in shares) | 188.1 | 190.4 | 177.3 | 96.5 | 96.1 | 91.1 | 97.0 | 96.9 |
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