Comparing Revenue Performance: Howmet Aerospace Inc. or Westinghouse Air Brake Technologies Corporation?

Aerospace vs. Rail: Revenue Trends Unveiled

__timestampHowmet Aerospace Inc.Westinghouse Air Brake Technologies Corporation
Wednesday, January 1, 2014125420000003044454000
Thursday, January 1, 2015124130000003307998000
Friday, January 1, 2016123940000002931188000
Sunday, January 1, 2017129600000003881756000
Monday, January 1, 2018140140000004363547000
Tuesday, January 1, 2019141920000008200000000
Wednesday, January 1, 202052590000007556100000
Friday, January 1, 202149720000007822000000
Saturday, January 1, 202256630000008362000000
Sunday, January 1, 202366400000009677000000
Monday, January 1, 2024743000000010387000000
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Unleashing insights

A Tale of Two Giants: Revenue Trends in Aerospace and Rail Technologies

In the ever-evolving landscape of industrial giants, Howmet Aerospace Inc. and Westinghouse Air Brake Technologies Corporation (Wabtec) have carved distinct paths over the past decade. From 2014 to 2023, Howmet Aerospace's revenue journey reflects a rollercoaster ride, peaking in 2019 before a significant dip in 2020, likely due to global disruptions. However, a steady recovery is evident, with a 34% increase from 2020 to 2023.

Conversely, Wabtec's revenue trajectory showcases resilience and growth, with a remarkable 218% increase from 2014 to 2023. This growth underscores Wabtec's strategic positioning in the rail technology sector, capitalizing on infrastructure advancements.

As these two titans continue to innovate, their revenue trends offer a fascinating glimpse into the dynamics of aerospace and rail industries, highlighting the importance of adaptability and strategic foresight.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025