Westinghouse Air Brake Technologies Corporation Q3 2025 Earnings Recap

Westinghouse Air Brake Technologies Corporation reported a robust third quarter with 8% revenue growth to $2.9 billion and a 16% increase in adjusted EPS, bolstered by strategic acquisitions and a historic international order.

Key Takeaways

• Total cash flow from operations reached $367 million, reflecting strong financial health.
• The twelve-month backlog grew to $8.3 billion, an 8.4% increase, with multi-year backlog setting a record high.
• Secured a $4.2 billion order with Kazakhstan's National Railway, underscoring strong international demand.
• Continued growth expected in the Transit segment, supported by rising ridership and public investment in rail infrastructure.
• Improved operating margins are projected to reach the high teens as the company maintains its focus on cost efficiencies and competitive positioning.