WESTINGHOUSE ELECTRIQUE FRANCE SAS : revenue, balance sheet and financial ratios

WESTINGHOUSE ELECTRIQUE FRANCE SAS is a French company founded 22 years ago, specialized in the sector Ingénierie, études techniques. Based in VILLEJUST (91140), this company of category ETI shows in 2024 a revenue of 194.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - WESTINGHOUSE ELECTRIQUE FRANCE SAS (SIREN 449800945)
Indicator 2024 2023 2022 2021 2020 2019 2018 2018 2017
Revenue 194 294 386 € 233 699 338 € 305 776 866 € 286 119 908 € 248 431 691 € 253 159 499 € 271 911 560 € 233 493 423 € 196 281 749 €
Net income 42 910 256 € -8 007 145 € 43 153 917 € 29 840 153 € -1 371 714 € -39 655 285 € -113 395 381 € -4 252 610 € -2 079 888 €
EBITDA -6 640 881 € -28 294 666 € 39 893 094 € 27 744 730 € -9 506 372 € -46 767 813 € -29 565 890 € -27 515 716 € -7 260 703 €
Net margin 22.1% -3.4% 14.1% 10.4% -0.6% -15.7% -41.7% -1.8% -1.1%

Revenue and income statement

In 2024, WESTINGHOUSE ELECTRIQUE FRANCE SAS achieves revenue of 194.3 M€. Activity remains stable over the period (CAGR: -0.1%). Significant drop of -17% vs 2023. After deducting consumption (475 k€), gross margin stands at 193.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -6.6 M€, representing -3.4% of revenue. Positive scissor effect: EBITDA margin improves by +8.7 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 42.9 M€, i.e. 22.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

194 294 386 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

193 819 031 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-6 640 881 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

7 082 988 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

42 910 256 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.4%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 3%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 14.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

3.2%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

62.521%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

14.533%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.194

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

6.9%

Solvency indicators evolution
WESTINGHOUSE ELECTRIQUE FRANCE SAS

Sector positioning

Debt ratio
3.2 2024
2022
2023
2024
Q1: 0.0
Med: 8.25
Q3: 42.9
Good +10 pts over 3 years

In 2024, the debt ratio of WESTINGHOUSE ELECTRIQUE F... (3.20) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
62.52% 2024
2022
2023
2024
Q1: 11.27%
Med: 37.87%
Q3: 61.33%
Excellent +18 pts over 3 years

In 2024, the financial autonomy of WESTINGHOUSE ELECTRIQUE F... (62.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.19 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Average +30 pts over 3 years

In 2024, the repayment capacity of WESTINGHOUSE ELECTRIQUE F... (0.19) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 330.82. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

330.818

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-33.903

Liquidity indicators evolution
WESTINGHOUSE ELECTRIQUE FRANCE SAS

Sector positioning

Liquidity ratio
330.82 2024
2022
2023
2024
Q1: 148.97
Med: 229.92
Q3: 405.25
Good +22 pts over 3 years

In 2024, the liquidity ratio of WESTINGHOUSE ELECTRIQUE F... (330.82) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-33.9x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.05x
Average -50 pts over 3 years

In 2024, the interest coverage of WESTINGHOUSE ELECTRIQUE F... (-33.9x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 95 days. Favorable situation: supplier credit is longer than customer credit by 16 days. Overall, WCR represents 270 days of revenue, i.e. 145.7 M€ to permanently finance. Over 2017-2024, WCR increased by +187%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

145 681 931 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

79 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

95 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

270 j

WCR and payment terms evolution
WESTINGHOUSE ELECTRIQUE FRANCE SAS

Positioning of WESTINGHOUSE ELECTRIQUE FRANCE SAS in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 19 912 956€ to 64 272 129€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
19912k€ 33526k€ 64272k€
33 526 653 € Range: 19 912 956€ - 64 272 129€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 40 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Ingénierie, études techniques)

Compare WESTINGHOUSE ELECTRIQUE FRANCE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about WESTINGHOUSE ELECTRIQUE FRANCE SAS

What is the revenue of WESTINGHOUSE ELECTRIQUE FRANCE SAS ?

The revenue of WESTINGHOUSE ELECTRIQUE FRANCE SAS in 2024 is 194.3 M€.

Is WESTINGHOUSE ELECTRIQUE FRANCE SAS profitable?

Yes, WESTINGHOUSE ELECTRIQUE FRANCE SAS generated a net profit of 42.9 M€ in 2024.

Where is the headquarters of WESTINGHOUSE ELECTRIQUE FRANCE SAS ?

The headquarters of WESTINGHOUSE ELECTRIQUE FRANCE SAS is located in VILLEJUST (91140), in the department Essonne.

Where to find the tax return of WESTINGHOUSE ELECTRIQUE FRANCE SAS ?

The tax return of WESTINGHOUSE ELECTRIQUE FRANCE SAS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does WESTINGHOUSE ELECTRIQUE FRANCE SAS operate?

WESTINGHOUSE ELECTRIQUE FRANCE SAS operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.