Westinghouse Tax Provision from 2010 to 2024

WAB Stock  USD 200.04  1.67  0.83%   
Westinghouse Air's Tax Provision is increasing over the years with very volatile fluctuation. Tax Provision is expected to dwindle to about 167.3 M. Tax Provision is the amount set aside by Westinghouse Air Brake to cover any estimated taxes for the current period. It reflects Westinghouse Air's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
94 M
Current Value
92 M
Quarterly Volatility
20.7 M
 
Covid
Check Westinghouse Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westinghouse Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 500.9 M, Total Revenue of 10.2 B or Gross Profit of 3.1 B, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0057 or PTB Ratio of 3.49. Westinghouse financial statements analysis is a perfect complement when working with Westinghouse Air Valuation or Volatility modules.
  
Check out the analysis of Westinghouse Air Correlation against competitors.

Latest Westinghouse Air's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Westinghouse Air Brake over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Westinghouse Air's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Westinghouse Air's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Westinghouse Tax Provision Regression Statistics

Arithmetic Mean164,670,019
Geometric Mean156,399,656
Coefficient Of Variation30.75
Mean Deviation39,075,346
Median186,740,000
Standard Deviation50,638,301
Sample Variance2564.2T
Range191.1M
R-Value0.04
Mean Square Error2756.4T
R-Squared0
Significance0.88
Slope485,868
Total Sum of Squares35899.3T

Westinghouse Tax Provision History

2024167.3 M
2023267 M
2022213 M
2021172 M
2020144.9 M
2019120.3 M
201875.9 M

About Westinghouse Air Financial Statements

Westinghouse Air stakeholders use historical fundamental indicators, such as Westinghouse Air's Tax Provision, to determine how well the company is positioned to perform in the future. Although Westinghouse Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Westinghouse Air's assets and liabilities are reflected in the revenues and expenses on Westinghouse Air's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Westinghouse Air Brake. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision267 M167.3 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:
Check out the analysis of Westinghouse Air Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westinghouse Air. If investors know Westinghouse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westinghouse Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.226
Dividend Share
0.77
Earnings Share
5.94
Revenue Per Share
58.76
Quarterly Revenue Growth
0.044
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.