Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $18,455 | $18,454 | $18,516 | $18,988 | $18,702 |
Liabilities | $8,302 | $8,215 | $8,369 | $8,464 | $8,569 |
Equity | $10,122 | $10,201 | $10,102 | $10,487 | $10,091 |
Edwyn
Over the past five years, Westinghouse Air Brake Technologies Corporation (Wabtec) has shown a relatively stable financial position with consistent growth in total assets. From 2020 to 2024, the company's total assets have fluctuated within a narrow range, peaking at $18,988 million in 2023. This steady increase indicates the company's ability to effectively manage its resources and potentially invest in strategic growth opportunities. On the liabilities side, there has been a slight increase in total liabilities, with a peak of $8,569 million in 2024. However, it is important to note that the growth in liabilities has been relatively in line with the growth in assets, indicating a balanced approach to financing and risk management by Wabtec. The stockholders' equity has also shown a positive trend, reaching its highest point of $10,487 million in 2023, reflecting shareholders' confidence in the company's performance and potential for future growth. Overall, Wabtec's financial position appears strong and stable, with a healthy balance between assets, liabilities, and equity. The company's ability to maintain consistent growth in assets while effectively managing liabilities is a positive sign of financial health. In the context of the industry, Wabtec's financial stability positions it well to capitalize on opportunities for expansion and innovation in the rapidly evolving transportation and technology sectors.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.