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Wabtec Corporation (NYSE:WAB) Earnings Overview and Financial Analysis
Financial Modeling Prep· 2026-02-11 10:05
Core Insights - Wabtec Corporation is a significant player in the rail and transit industry, providing equipment, systems, and services for freight and transit rail, operating in two main segments: Freight and Transit [1] Financial Performance - On February 11, 2026, Wabtec reported earnings per share (EPS) of $2.08, reflecting a 23.2% increase from the previous year, driven by strong demand in its Freight and Transit segments [2][6] - The company's revenue reached approximately $2.87 billion, marking a 10.6% rise from the prior year, with the Freight segment growing by 11.7% and Transit sales increasing by 8.2% [2][3][6] Market Valuation - Wabtec has a price-to-earnings (P/E) ratio of approximately 35.61, indicating the price investors are willing to pay for each dollar of earnings [4][6] - The price-to-sales ratio stands at about 3.91, reflecting the value placed on each dollar of sales [4][6] - The enterprise value to sales ratio is around 4.35, suggesting the company's total valuation relative to its sales [4] Financial Metrics - The enterprise value to operating cash flow ratio is approximately 31.47, highlighting the company's valuation in relation to its cash flow from operations [5] - Wabtec has an earnings yield of 2.81%, providing insight into the return on investment for shareholders [5] - The debt-to-equity ratio is 0.48, indicating a moderate level of debt compared to equity, while the current ratio of 1.42 suggests a solid ability to cover short-term liabilities with short-term assets [5]
Parsons Awarded $60 Million Contract To Design Claremont Extension Of Los Angeles's Metro A Line Light Rail System
Globenewswire· 2026-02-02 11:30
Core Insights - Parsons Corporation has been awarded a six-year, $60 million contract by the Foothill Gold Line Construction Authority to design phase 2B2 of the Foothill Gold Line project, which includes a 2.3-mile extension from Pomona to Claremont [1][2] Group 1: Project Details - The Foothill Gold Line project is part of the longest linear light rail line in the world, enhancing the Metro A Line light rail system [1] - The new segment aims to improve commuter and visitor access between downtown Los Angeles and eastern Los Angeles County, addressing previous limitations for commuters [2] Group 2: Company Experience and Impact - Parsons has led design teams for each phase of the Foothill Gold Line project for the past 25 years, showcasing its long-standing commitment to the project [2] - The company has extensive experience in infrastructure design, including over 10,000 miles of roadways, 4,500 bridges, and more than 450 rail and transit projects [3] Group 3: Environmental and Community Benefits - The project is expected to provide innovative and sustainable solutions that reduce traffic congestion, improve air quality, and enhance commuter safety and reliability [2] - Parsons has been involved in improving connections between California communities since its founding in 1944, contributing to the overall quality of life [3]
Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment
Globenewswire· 2025-06-12 10:25
Core Insights - Parsons Corporation celebrated the dedication of two stations on the new Foothill Gold Line light rail segment, which spans 9.1 miles and was substantially completed in January 2025, with passenger service expected to begin later this year [1][2] - The extension is part of the 48.5-mile Metro A Line system, which will be the longest light rail line in the United States, connecting Long Beach to Pomona [1][2] Company Contributions - Parsons led the design and construction management of the Foothill Gold Line segment, delivering a state-of-the-art solution to meet the growing transit demand in the San Gabriel Valley [2][3] - The company has a strong reputation in rail and transit, having successfully completed numerous projects on time and within budget, reinforcing its performance reputation [3] Regional Impact - The light rail extension will enhance mobility for commuters in the San Gabriel Valley, providing a fast, efficient, and eco-friendly alternative to driving [2][4] - It aligns with local and regional goals to reduce traffic congestion and environmental impacts, while also boosting the economy by improving access to jobs, education, and entertainment for thousands of residents [4] Company Expertise - Parsons has extensive experience in infrastructure, having worked on over 10,000 miles of roadways, 4,500 bridges, and more than 450 rail and transit projects, contributing to improved safety and travel efficiency [5]