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Westinghouse Air Brake Technologies Corporation(WAB)Earnings, Financials & Key Ratios
WAB•NYSE
40.1× P/E·Price updated Jun 19, 2026
AboutWestinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.Show more
- Revenue$11.17B+7.5%
- EBITDA$2.37B+14.6%
- Net Income$1.17B+10.8%
- EPS (Diluted)6.83+13.1%
- Gross Margin31.48%-2.9%
- EBITDA Margin21.22%+6.6%
- Operating Margin16.74%+8.0%
- Net Margin10.48%+3.1%
- ROE10.97%+7.3%
WAB Key Insights
Westinghouse Air Brake Technologies Corporation (WAB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 23.1%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Share count reduced 2.1% through buybacks
- ✓Trading near 52-week high
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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WAB Price & Volume
Westinghouse Air Brake Technologies Corporation (WAB) stock price & volume — 10-year historical chart
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WAB Growth Metrics
Westinghouse Air Brake Technologies Corporation (WAB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years12.94%
5 Years8.13%
3 Years10.12%
TTM9.59%
Profit CAGR
10 Years11.37%
5 Years23.09%
3 Years22.72%
TTM9.4%
EPS CAGR
10 Years5.24%
5 Years25.77%
3 Years25.44%
TTM10.81%
Return on Capital
10 Years8.19%
5 Years8.66%
3 Years10.32%
Last Year11.74%
WAB Recent Earnings
Westinghouse Air Brake Technologies Corporation (WAB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$2.71+8.0%
$2.51
Rev
$3.0B-0.5%
$3.0B
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$2.10+1.0%
$2.08
Rev
$3.0B+3.5%
$2.9B
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$2.32+1.8%
$2.28
Rev
$2.9B+0.2%
$2.9B
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$1.96-9.7%
$2.17
Rev
$2.7B-2.3%
$2.8B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $2.71vs $2.51+8.0% | $3.0Bvs $3.0B-0.5% |
| Q1 2026 | Feb 11, 2026 | $2.10vs $2.08+1.0% | $3.0Bvs $2.9B+3.5% |
| Q4 2025 | Oct 22, 2025 | $2.32vs $2.28+1.8% | $2.9Bvs $2.9B+0.2% |
| Q3 2025 | Jul 24, 2025 | $1.96vs $2.17-9.7% | $2.7Bvs $2.8B-2.3% |
Based on last 12 quarters of dataView full earnings history →
WAB Peer Comparison
Westinghouse Air Brake Technologies Corporation (WAB) competitors in Rail equipment and onboard technology — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TT | 106.99B | 483.40 | 37.24 | 7.48% | 13.42% | 34.69% | 0.54 | |
 ITT | 17.6B | 196.81 | 32.21 | 8.48% | 10.8% | 13.01% | 0.23 | |
 RXO | 4.19B | 25.39 | -43.03 | 26.2% | -1.83% | -6.75% | 0.56 | |
 GNSS | 74.23M | 1.63 | -4.08 | 69.76% | -13.44% | -314.53% | 9.85 | |
 ALSN | 9.9B | 119.10 | 16.25 | -6.67% | 14.88% | 29.49% | 1.56 | |
 TRN | 2.75B | 34.47 | 11.30 | -29.95% | 12.37% | 21.27% | 4.75 | |
 GBX | 1.54B | 49.69 | 7.83 | -8.66% | 6.04% | 10.67% | 1.06 | |
 HON | 145.11B | 229.01 | 31.12 | 7.85% | 11.16% | 23.05% | 2.24 |
Compare WAB vs Peers
Westinghouse Air Brake Technologies Corporation (WAB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WAB Income Statement
Westinghouse Air Brake Technologies Corporation (WAB) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 3.88B | 4.36B | 8.2B | 7.56B | 7.82B | 8.36B | 9.68B | 10.39B | 11.17B | 11.51B |
Revenue Growth % | 32.43% | 12.41% | 87.92% | -7.85% | 3.52% | 6.9% | 15.73% | 7.34% | 7.51% | 9.59% |
Cost of Goods Sold | 2.82B | 3.13B | 5.92B | 5.42B | 5.45B | 5.82B | 6.73B | 7.02B | 7.65B | 7.62B |
COGS % of Revenue | 72.56% | 71.72% | 72.22% | 71.72% | 69.71% | 69.62% | 69.58% | 67.59% | 68.52% | - |
Gross Profit | 1.07B▲ 0% | 1.23B▲ 15.8% | 2.28B▲ 84.6% | 2.14B▼ 6.2% | 2.37B▲ 10.9% | 2.54B▲ 7.2% | 2.94B▲ 15.9% | 3.37B▲ 14.3% | 3.52B▲ 4.4% | 3.89B▲ 0% |
Gross Margin % | 27.44% | 28.28% | 27.78% | 28.28% | 30.29% | 30.38% | 30.42% | 32.41% | 31.48% | 33.81% |
Gross Profit Growth % | 15.26% | 15.83% | 84.62% | -6.19% | 10.86% | 7.22% | 15.91% | 14.33% | 4.43% | - |
Operating Expenses | 644.2M | 760.5M | 1.61B | 1.39B | 1.49B | 1.53B | 1.68B | 1.76B | 1.65B | 2.04B |
OpEx % of Revenue | 16.6% | 17.43% | 19.7% | 18.42% | 19.09% | 18.29% | 17.34% | 16.92% | 14.74% | - |
Selling, General & Admin | 512.5M | 633.2M | 1.17B | 948M | 1.03B | 1.03B | 1.14B | 1.25B | 1.42B | 1.57B |
SG&A % of Revenue | 13.2% | 14.51% | 14.23% | 12.55% | 13.17% | 12.31% | 11.77% | 12.02% | 12.74% | - |
Research & Development | 95.17M | 87.45M | 209.9M | 162.1M | 176M | 209M | 218M | 206M | 223M | 233M |
R&D % of Revenue | 2.45% | 2% | 2.56% | 2.15% | 2.25% | 2.5% | 2.25% | 1.98% | 2% | - |
Other Operating Expenses | 36.5M | 39.8M | 238M | 281.9M | 287M | 291M | 321M | 303M | 0 | 3M |
Operating Income | 421.1M▲ 0% | 473.4M▲ 12.4% | 663M▲ 40.1% | 745M▲ 12.4% | 876M▲ 17.6% | 1.01B▲ 15.4% | 1.27B▲ 25.2% | 1.61B▲ 27.1% | 1.87B▲ 16.2% | 1.85B▲ 0% |
Operating Margin % | 10.85% | 10.85% | 8.09% | 9.86% | 11.2% | 12.09% | 13.08% | 15.49% | 16.74% | 16.1% |
Operating Income Growth % | -7.78% | 12.42% | 40.05% | 12.37% | 17.58% | 15.41% | 25.22% | 27.09% | 16.16% | - |
EBITDA | 524.3M | 582.7M | 982M | 1.13B | 1.32B | 1.44B | 1.74B | 2.07B | 2.37B | 2.33B |
EBITDA Margin % | 13.51% | 13.35% | 11.98% | 14.95% | 16.84% | 17.18% | 18.01% | 19.91% | 21.22% | 20.26% |
EBITDA Growth % | -0.4% | 11.14% | 68.53% | 15.07% | 16.55% | 9.11% | 21.29% | 18.65% | 14.6% | 9.54% |
D&A (Non-Cash Add-back) | 103.2M | 109.3M | 319M | 385M | 441M | 426M | 477M | 459M | 501M | 478M |
EBIT | 430M | 479.8M | 666M | 756M | 914M | 1.04B | 1.31B | 1.61B | 1.87B | 1.85B |
Net Interest Income | -77.9M | -112.2M | -219M | -199M | -177M | -186M | -218M | -201M | -225M | -250M |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 77.9M | 112.2M | 219M | 199M | 177M | 186M | 218M | 201M | 225M | 250M |
Other Income/Expense | -69M | -105.8M | -216M | -188M | -139M | -157M | -174M | -199M | -277M | -218M |
Pretax Income | 352.1M▲ 0% | 367.6M▲ 4.4% | 447M▲ 21.6% | 557M▲ 24.6% | 737M▲ 32.3% | 854M▲ 15.9% | 1.09B▲ 27.9% | 1.41B▲ 29.1% | 1.59B▲ 12.9% | 1.64B▲ 0% |
Pretax Margin % | 9.07% | 8.42% | 5.45% | 7.37% | 9.42% | 10.21% | 11.28% | 13.57% | 14.26% | 14.21% |
Income Tax | 89.8M | 75.9M | 120M | 145M | 172M | 213M | 267M | 343M | 409M | 416M |
Effective Tax Rate % | 25.5% | 20.65% | 26.85% | 26.03% | 23.34% | 24.94% | 24.45% | 24.33% | 25.69% | 25.44% |
Net Income | 262.3M▲ 0% | 294.9M▲ 12.4% | 327M▲ 10.9% | 414M▲ 26.6% | 558M▲ 34.8% | 633M▲ 13.4% | 815M▲ 28.8% | 1.06B▲ 29.6% | 1.17B▲ 10.8% | 1.21B▲ 0% |
Net Margin % | 6.76% | 6.76% | 3.99% | 5.48% | 7.13% | 7.57% | 8.42% | 10.17% | 10.48% | 10.52% |
Net Income Growth % | -13.97% | 12.43% | 10.88% | 26.61% | 34.78% | 13.44% | 28.75% | 29.57% | 10.8% | 9.4% |
Net Income (Continuing) | 262.3M | 291.7M | 327M | 412M | 565M | 641M | 825M | 1.07B | 1.18B | 1.22B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 19.66M | 3.94M | 37.1M | 30.4M | 38M | 45M | 37M | 42M | 48M | 48M |
EPS (Diluted) | 2.72▲ 0% | 3.06▲ 12.5% | 1.84▼ 39.9% | 2.17▲ 17.9% | 2.96▲ 36.4% | 3.46▲ 16.9% | 4.54▲ 31.2% | 6.04▲ 33.0% | 6.83▲ 13.1% | 7.09▲ 0% |
EPS Growth % | -18.56% | 12.5% | -39.87% | 17.93% | 36.41% | 16.89% | 31.21% | 33.04% | 13.08% | 10.81% |
EPS (Basic) | 2.74 | 3.07 | 1.91 | 2.18 | 2.96 | 3.47 | 4.56 | 6.05 | 6.86 | - |
Diluted Shares Outstanding | 96.1M | 96.5M | 177.3M | 190.4M | 188.1M | 182.8M | 179.5M | 174.8M | 171.1M | 170.7M |
Basic Shares Outstanding | 95.5M | 96M | 170.5M | 189.9M | 187.7M | 182.2M | 178.8M | 174.1M | 170.5M | 170M |
Dividend Payout Ratio | 16.1% | 15.69% | 24.98% | 22.34% | 16.49% | 17.54% | 15.09% | 13.26% | 14.79% | - |
WAB Balance Sheet
Westinghouse Air Brake Technologies Corporation (WAB) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 2.27B | 4.45B | 4.19B | 3.88B | 3.83B | 4.33B | 4.86B | 4.94B | 5.69B | 5.97B |
Cash & Short-Term Investments | 233.4M | 580.9M | 604.2M | 599M | 473M | 541M | 620M | 706M | 789M | 531M |
Cash Only | 233.4M | 580.9M | 604.2M | 599M | 473M | 541M | 620M | 706M | 789M | 531M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 1.17B | 1.15B | 1.66B | 1.41B | 1.48B | 1.52B | 1.68B | 1.7B | 1.9B | 2.25B |
Days Sales Outstanding | 109.71 | 95.93 | 74.06 | 68.21 | 68.92 | 66.3 | 63.52 | 59.81 | 62 | 66.18 |
Inventory | 742.63M | 844.89M | 1.77B | 1.64B | 1.69B | 2.03B | 2.28B | 2.31B | 2.75B | 2.85B |
Days Inventory Outstanding | 96.24 | 98.54 | 109.28 | 110.6 | 113.05 | 127.52 | 123.82 | 120.3 | 130.94 | 130.74 |
Other Current Assets | 122.29M | 1.88B | 150.9M | 226.8M | 193M | 233M | 267M | 221M | 263M | 340M |
Total Non-Current Assets | 4.31B | 4.2B | 14.69B | 14.57B | 14.62B | 14.19B | 14.13B | 13.76B | 16.38B | 17.22B |
Property, Plant & Equipment | 573.97M | 563.74M | 1.66B | 1.6B | 1.5B | 1.43B | 1.49B | 1.45B | 1.62B | 1.65B |
Fixed Asset Turnover | 6.76x | 7.74x | 4.95x | 4.72x | 5.23x | 5.85x | 6.52x | 7.18x | 6.91x | 7.33x |
Goodwill | 2.46B | 2.4B | 8.36B | 8.49B | 8.59B | 8.51B | 8.78B | 8.71B | 10.22B | 10.63B |
Intangible Assets | 1.2B | 1.13B | 4.1B | 3.87B | 3.71B | 3.4B | 3.21B | 2.93B | 3.84B | 4.24B |
Long-Term Investments | 0 | 0 | 0 | 0 | 249M | 267M | 190M | 209M | 0 | 633M |
Other Non-Current Assets | 76.36M | 109.4M | 631.7M | 618.7M | 584M | 583M | 473M | 459M | 705M | 576M |
Total Assets | 6.58B▲ 0% | 8.65B▲ 31.4% | 18.89B▲ 118.4% | 18.45B▼ 2.3% | 18.45B▼ 0.0% | 18.52B▲ 0.3% | 18.99B▲ 2.5% | 18.7B▼ 1.5% | 22.07B▲ 18.0% | 23.2B▲ 0% |
Asset Turnover | 0.59x | 0.50x | 0.43x | 0.41x | 0.42x | 0.45x | 0.51x | 0.56x | 0.51x | 0.53x |
Asset Growth % | -0.02% | 31.45% | 118.36% | -2.29% | -0% | 0.34% | 2.55% | -1.51% | 18% | 62.96% |
Total Current Liabilities | 1.57B | 1.65B | 3.26B | 3.23B | 2.91B | 3.47B | 4.06B | 3.79B | 5.15B | 5.83B |
Accounts Payable | 552.52M | 589.4M | 1.16B | 909.4M | 1.01B | 1.3B | 1.25B | 1.3B | 1.4B | 1.42B |
Days Payables Outstanding | 71.61 | 68.74 | 71.34 | 61.25 | 67.74 | 81.56 | 67.76 | 67.58 | 66.88 | 67.82 |
Short-Term Debt | 47.23M | 64.1M | 95.7M | 447M | 2M | 251M | 781M | 500M | 1.25B | 1.89B |
Deferred Revenue (Current) | 369.72M | 373.5M | 604.2M | 643M | 629M | 772M | 804M | 693M | 1.01B | 1.88B |
Other Current Liabilities | 164.21M | 173.2M | 343.8M | 241.6M | 335M | 300M | 341M | 425M | 1.48B | 2.52B |
Current Ratio | 1.44x | 2.70x | 1.29x | 1.20x | 1.32x | 1.25x | 1.20x | 1.30x | 1.11x | 1.02x |
Quick Ratio | 0.97x | 2.19x | 0.74x | 0.69x | 0.74x | 0.66x | 0.63x | 0.69x | 0.57x | 0.54x |
Cash Conversion Cycle | 134.35 | 125.72 | 112.01 | 117.55 | 114.24 | 112.26 | 119.57 | 112.52 | 126.07 | 129.1 |
Total Non-Current Liabilities | 2.18B | 4.13B | 5.69B | 5.08B | 5.3B | 4.9B | 4.41B | 4.78B | 5.73B | 6.21B |
Long-Term Debt | 1.82B | 3.79B | 4.33B | 3.79B | 4.06B | 3.75B | 3.29B | 3.48B | 4.29B | 4.71B |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 635M |
Deferred Tax Liabilities | 175.9M | 198.27M | 145.3M | 168.4M | 288M | 326M | 318M | 376M | 606M | 2.3B |
Other Non-Current Liabilities | 178.91M | 142.4M | 1.21B | 1.11B | 961M | 825M | 802M | 921M | 832M | 229M |
Total Liabilities | 3.75B | 5.78B | 8.95B | 8.3B | 8.21B | 8.37B | 8.46B | 8.57B | 10.88B | 12.04B |
Total Debt | 1.87B | 3.86B | 4.43B | 4.24B | 4.06B | 4B | 4.07B | 3.98B | 5.54B | 6.92B |
Net Debt | 1.64B | 3.28B | 3.83B | 3.64B | 3.58B | 3.46B | 3.45B | 3.27B | 4.75B | 6.39B |
Debt / Equity | 0.66x | 1.34x | 0.44x | 0.42x | 0.40x | 0.39x | 0.39x | 0.39x | 0.50x | 0.62x |
Debt / EBITDA | 3.57x | 6.62x | 4.51x | 3.75x | 3.08x | 2.78x | 2.33x | 1.92x | 2.34x | 2.97x |
Net Debt / EBITDA | 3.12x | 5.62x | 3.90x | 3.22x | 2.72x | 2.41x | 1.98x | 1.58x | 2.01x | 2.74x |
Interest Coverage | 5.52x | 4.28x | 3.04x | 3.80x | 5.16x | 5.59x | 6.01x | 8.01x | 8.31x | 7.41x |
Total Equity | 2.83B▲ 0% | 2.87B▲ 1.4% | 9.99B▲ 248.3% | 10.15B▲ 1.6% | 10.24B▲ 0.9% | 10.15B▼ 0.9% | 10.52B▲ 3.7% | 10.13B▼ 3.7% | 11.19B▲ 10.4% | 11.2B▲ 0% |
Equity Growth % | -4.98% | 1.43% | 248.32% | 1.59% | 0.85% | -0.9% | 3.72% | -3.72% | 10.43% | 29.8% |
Book Value per Share | 29.43 | 29.73 | 56.37 | 53.32 | 54.43 | 55.51 | 58.63 | 57.97 | 65.40 | 65.61 |
Total Shareholders' Equity | 2.81B | 2.87B | 9.96B | 10.12B | 10.2B | 10.1B | 10.49B | 10.09B | 11.14B | 11.15B |
Common Stock | 1.32M | 1.32M | 2M | 2M | 2M | 2M | 2M | 2M | 1M | 1M |
Retained Earnings | 2.77B | 3.02B | 3.27B | 3.59B | 4.05B | 4.58B | 5.27B | 6.18B | 3.88B | 4.19B |
Treasury Stock | -827.38M | -816.14M | -807.1M | -1.01B | -1.31B | -1.77B | -2.17B | -3.27B | 0 | -416M |
Accumulated OCI | -44.99M | -256.58M | -382.6M | -339.1M | -466M | -661M | -590M | -846M | -616M | -689M |
Minority Interest | 19.66M | 3.94M | 37.1M | 30.4M | 38M | 45M | 37M | 42M | 48M | 48M |
WAB Cash Flow Statement
Westinghouse Air Brake Technologies Corporation (WAB) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 188.81M | 314.67M | 1.02B | 783.7M | 1.07B | 1.04B | 1.2B | 1.83B | 1.76B | 1.77B |
Operating CF Margin % | 4.86% | 7.21% | 12.38% | 10.37% | 13.72% | 12.41% | 12.41% | 17.66% | 15.75% | - |
Operating CF Growth % | -57.98% | 66.66% | 222.72% | -22.83% | 36.91% | -3.26% | 15.7% | 52.71% | -4.09% | -1.96% |
Net Income | 262.29M | 291.7M | 326.5M | 412.3M | 565M | 641M | 825M | 1.07B | 1.18B | 1.21B |
Depreciation & Amortization | 103.25M | 109.3M | 319.2M | 385.1M | 441M | 426M | 477M | 459M | 457M | 169M |
Stock-Based Compensation | 21.29M | 25.32M | 50M | 20M | 46M | 41M | 47M | 66M | 80M | 27M |
Deferred Taxes | -67.42M | -5.3M | -27.3M | 29.4M | 88M | 36M | -58M | 51M | 11M | 0 |
Other Non-Cash Items | 1.91M | 898K | 15.9M | -29.9M | -4M | 3M | 7M | 4M | 21M | 397M |
Working Capital Changes | -132.5M | -107.24M | 331.2M | -33.2M | -63M | -109M | -97M | 187M | 7M | -45M |
Change in Receivables | -68.68M | -54.61M | -6.3M | 315M | -76M | -52M | -195M | -34M | -36M | -115M |
Change in Inventory | -8.96M | -108.88M | 255.9M | 180.8M | -41M | -368M | -58M | -117M | -182M | -181M |
Change in Payables | -91.72M | 48.76M | -144.3M | -269M | 109M | 306M | -58M | 70M | 34M | 41M |
Cash from Investing | -1.03B | -147.29M | -3.18B | -155.4M | -540M | -235M | -492M | -343M | -2.75B | -3.81B |
Capital Expenditures | -89.47M | -93.31M | -185.3M | -136.4M | -130M | -149M | -186M | -207M | -260M | -78M |
CapEx % of Revenue | 2.3% | 2.14% | 2.26% | 1.81% | 1.66% | 1.78% | 1.92% | 1.99% | 2.33% | 0.68% |
Acquisitions | -945.3M | -51.15M | -3B | -40.3M | -435M | -89M | -308M | -149M | -2.51B | -2.51B |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 1.29M | -2.83M | 3.9M | 21.3M | 25M | 3M | 2M | 13M | 20M | -1.22B |
Cash from Financing | -97.43M | 1.98B | 461.5M | -619M | -653M | -708M | -633M | -1.37B | 1.03B | 1.86B |
Debt Issued (Net) | -52.8M | 2.03B | 558M | -199.3M | -161M | -30M | 42M | -64M | 1.48B | 2.49B |
Equity Issued (Net) | -6.8M | 0 | 800K | -207.2M | -300M | -480M | -409M | -1.1B | -223M | -219M |
Dividends Paid | -42.22M | -46.28M | -81.7M | -92.5M | -92M | -111M | -123M | -140M | -173M | -183M |
Share Repurchases | -6.8M | 0 | 0 | -207M | -300M | -473M | -409M | -1.1B | -223M | -219M |
Other Financing | 4.4M | -2.3M | -15.6M | -120M | -100M | -87M | -143M | -70M | -57M | -231M |
Net Change in Cash | -909.83M▲ 0% | 2.11B▲ 331.8% | -1.74B▼ 182.4% | -5.5M▲ 99.7% | -126M▼ 2190.9% | 68M▲ 154.0% | 79M▲ 16.2% | 95M▲ 20.3% | 74M▼ 22.1% | -167M▲ 0% |
Free Cash Flow | 99.34M▲ 0% | 221.37M▲ 122.8% | 830.2M▲ 275.0% | 647.3M▼ 22.0% | 943M▲ 45.7% | 889M▼ 5.7% | 1.01B▲ 14.2% | 1.63B▲ 60.3% | 1.5B▼ 7.9% | 1.64B▲ 0% |
FCF Margin % | 2.56% | 5.07% | 10.12% | 8.57% | 12.06% | 10.63% | 10.49% | 15.66% | 13.42% | 14.28% |
FCF Growth % | -75.11% | 122.83% | 275.04% | -22.03% | 45.68% | -5.73% | 14.17% | 60.3% | -7.87% | 11.69% |
FCF per Share | 1.03 | 2.29 | 4.68 | 3.40 | 5.01 | 4.86 | 5.65 | 9.31 | 8.76 | 9.63 |
FCF Conversion (FCF/Net Income) | 0.72x | 1.07x | 3.11x | 1.89x | 1.92x | 1.64x | 1.47x | 1.74x | 1.50x | 1.36x |
Interest Paid | 0 | 0 | 0 | 0 | 164M | 179M | 210M | 181M | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 123M | 157M | 233M | 237M | 0 | 0 |
WAB Key Ratios
Westinghouse Air Brake Technologies Corporation (WAB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 9.04% | 10.35% | 5.08% | 4.11% | 5.47% | 6.21% | 7.89% | 10.22% | 10.97% | 10.9% |
Return on Invested Capital (ROIC) | 7.07% | 6.69% | 4.98% | 4.05% | 4.76% | 5.53% | 6.89% | 8.81% | 9.55% | 8.64% |
Gross Margin | 27.44% | 28.28% | 27.78% | 28.28% | 30.29% | 30.38% | 30.42% | 32.41% | 31.48% | 33.81% |
Net Margin | 6.76% | 6.76% | 3.99% | 5.48% | 7.13% | 7.57% | 8.42% | 10.17% | 10.48% | 10.52% |
Debt / Equity | 0.66x | 1.34x | 0.44x | 0.42x | 0.40x | 0.39x | 0.39x | 0.39x | 0.50x | 0.62x |
Interest Coverage | 5.52x | 4.28x | 3.04x | 3.80x | 5.16x | 5.59x | 6.01x | 8.01x | 8.31x | 7.41x |
FCF Conversion | 0.72x | 1.07x | 3.11x | 1.89x | 1.92x | 1.64x | 1.47x | 1.74x | 1.50x | 1.36x |
Revenue Growth | 32.43% | 12.41% | 87.92% | -7.85% | 3.52% | 6.9% | 15.73% | 7.34% | 7.51% | 9.59% |
Related:WAB Dividend History·WAB Revenue History·WAB Price History·WAB P/E History·WAB Financial Ratios·WAB Institutional Holders
WAB SEC Filings & Documents
Westinghouse Air Brake Technologies Corporation (WAB) SEC filings — annual & quarterly reports (10-K, 10-Q)
WAB Frequently Asked Questions
Westinghouse Air Brake Technologies Corporation (WAB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Westinghouse Air Brake Technologies Corporation (WAB) reported $11.51B in revenue for fiscal year 2025. This represents a 2437% increase from $453.5M in 1996.
Westinghouse Air Brake Technologies Corporation (WAB) grew revenue by 7.5% over the past year. This is steady growth.
Yes, Westinghouse Air Brake Technologies Corporation (WAB) is profitable, generating $1.21B in net income for fiscal year 2025 (10.5% net margin).
Dividend & Returns
Yes, Westinghouse Air Brake Technologies Corporation (WAB) pays a dividend with a yield of 0.37%. This makes it attractive for income-focused investors.
Westinghouse Air Brake Technologies Corporation (WAB) has a return on equity (ROE) of 11.0%. This is reasonable for most industries.
Westinghouse Air Brake Technologies Corporation (WAB) generated $1.64B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.