Wabtec Q1 2025 Financial Results Summary

Wabtec Corporation reported a strong first quarter, with significant growth in earnings and profitability:

- GAAP diluted EPS rose 22.9% year-over-year to $1.88
- Adjusted diluted EPS increased 20.6% to $2.28
- Sales grew 4.5% to $2.61 billion
- GAAP operating margin was 18.2%; adjusted operating margin improved 1.9 percentage points to 21.7%
- Cash from operations was $191 million
- $141 million was returned to shareholders via dividends and share repurchases

- Adjusted full-year EPS mid-point raised by $0.10 to a new range of $8.35 to $8.95 due to performance strength but with a wider range to account for economic uncertainty

CEO Rafael Santana noted robust earnings growth and continued momentum across Freight and Transit segments. He emphasized strong international performance, particularly in higher-margin services and digital solutions. While the company remains cautious about the broader economic outlook, it is committed to disciplined execution.