Westinghouse Air Brake Technologies(WAB) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Sales reached $2706 billion, a 23% year-over-year increase[7] - GAAP earnings per share increased by 195% year-over-year to $196, while adjusted EPS increased by 158% to $227[7] - Operating margin was 174%, benefiting from sales growth and improved gross margin[7] - Cash flow from operations was $209 million, driven by higher net income but tempered by higher working capital[7] Segment Performance - Freight segment sales decreased slightly by 01% to $1919 billion[26] - Transit segment sales increased by 87% to $787 million[26] - The company's 12-month backlog increased by 119% to $821 billion, providing strong visibility for 2025 and beyond[7] Strategic Initiatives - Acquisitions totaling approximately $850 million of expected annualized revenue are expected to be accretive[22] - First-year adjusted EBITDA margins from acquisitions are expected to be accretive at approximately 255%, with margin expansion expected from run-rate synergies of approximately $60 million[22] Updated Financial Guidance - The company updated its revenue guidance to $10725 billion to $11025 billion, including the Evident Inspection Technologies acquisition[48] - Adjusted diluted EPS guidance is $835 to $895, and cash conversion is expected to be greater than 90%[48]