Westinghouse Air Brake Technologies Corporation or Textron Inc.: Who Leads in Yearly Revenue?

Textron vs. WAB: A Decade of Revenue Rivalry

__timestampTextron Inc.Westinghouse Air Brake Technologies Corporation
Wednesday, January 1, 2014138780000003044454000
Thursday, January 1, 2015134230000003307998000
Friday, January 1, 2016137880000002931188000
Sunday, January 1, 2017141980000003881756000
Monday, January 1, 2018139720000004363547000
Tuesday, January 1, 2019136300000008200000000
Wednesday, January 1, 2020116510000007556100000
Friday, January 1, 2021123820000007822000000
Saturday, January 1, 2022128690000008362000000
Sunday, January 1, 2023136830000009677000000
Monday, January 1, 20241370200000010387000000
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Unveiling the hidden dimensions of data

A Tale of Two Titans: Textron Inc. vs. Westinghouse Air Brake Technologies Corporation

In the competitive landscape of industrial giants, Textron Inc. and Westinghouse Air Brake Technologies Corporation (WAB) have been vying for supremacy in annual revenue since 2014. Textron Inc., a leader in aerospace and defense, consistently outperformed WAB, with revenues peaking at approximately $14 billion in 2017. Despite a dip in 2020, Textron's revenue rebounded by 2023, showcasing a resilient growth trajectory.

Conversely, WAB, a key player in the rail industry, demonstrated impressive growth, nearly tripling its revenue from 2014 to 2023. By 2023, WAB's revenue reached close to $9.7 billion, marking a significant 218% increase over the decade. However, data for 2024 remains elusive, leaving industry analysts eager for the next chapter in this financial saga.

This revenue race highlights the dynamic nature of industrial markets, where strategic innovation and market adaptation are crucial for sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025