Wabtec

Halal Rating :
Comfortable
Last Price $192
Market Cap $32.96b
1D Change

0.24 %

1 Year Change

18.02 %

Next Earnings Date

Yet to be announced

Company Overview

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries. It operates through two segments, Freight and Transit. 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.

Revenue Sources

Pass

Based on Wabtec's SEC filings and financial statements, the company's primary revenue streams come from manufacturing and selling rail transport equipment, providing maintenance services, and offering digital solutions for the rail industry. These are all halal business activities as they involve the exchange of tangible products and services that create real value.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $2.61b $2.18b - $46.0m 0.00% 2.11%
Dec. 31, 2024 $2.58b $2.25b - - 0.00% 0.00%
Sept. 30, 2024 $2.66b $2.23b - - 0.00% 0.00%
June 30, 2024 $2.64b $2.21b - - 0.00% 0.00%

Looking at the most recent four quarters of financial data, Wabtec's interest expense was negligible in three quarters and amounted to $47 million in one quarter. When compared to total expenses ranging from $2.1-2.2 billion per quarter, the interest expense ratio remains well below the 5% threshold. The overall interest expense profile indicates that interest is not material to the company's operations.

Operational Ethics

Pass

After reviewing Wabtec's public disclosures, annual reports, and company statements, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company maintains operations across various global markets but there are no documented material ties to the state of Israel or direct involvement with the Chinese Communist Party.

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