Annual Revenue Comparison: RTX Corporation vs Westinghouse Air Brake Technologies Corporation

A Tale of Two Giants: RTX vs. Westinghouse Air Brake Technologies

In the ever-evolving landscape of industrial giants, RTX Corporation and Westinghouse Air Brake Technologies Corporation have carved distinct paths over the past decade. From 2014 to 2023, RTX Corporation consistently outperformed its counterpart, boasting revenues that were, on average, over 10 times higher. Notably, RTX's revenue peaked in 2024, marking a significant 24% increase from its 2014 figures. Meanwhile, Westinghouse Air Brake Technologies showed steady growth, with a remarkable 218% increase in revenue from 2014 to 2023.

The data reveals a compelling narrative of resilience and growth, with RTX's revenue dipping in 2020, likely due to global economic challenges, before rebounding strongly. In contrast, Westinghouse Air Brake Technologies demonstrated consistent upward momentum, culminating in its highest revenue in 2023. This comparison underscores the dynamic nature of the industrial sector and the strategic maneuvers of these two powerhouses.