Westinghouse Air Brake Technologies Corporation (WAB) Earnings History
Annual and quarterly earnings data from 1993 to 2025
Loading earnings history...
WAB EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
WAB Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 31.5% | 16.7% | 10.5% |
| 2024 | 32.4% | 15.5% | 10.2% |
| 2023 | 30.4% | 13.1% | 8.4% |
| 2022 | 30.4% | 12.1% | 7.6% |
| 2021 | 30.3% | 11.2% | 7.1% |
Download Data
Export WAB earnings history in CSV or JSON format
Free sign-in required to download data
Westinghouse Air Brake Technologies Corporation (WAB) Earnings Overview
As of May 8, 2026, Westinghouse Air Brake Technologies Corporation (WAB) reported trailing twelve-month net income of $1.21B, reflecting +13.1% year-over-year growth. The company earned $7.09 per diluted share over the past four quarters, with a net profit margin of 10.5%.
Looking at the long-term picture, WAB's 5-year EPS compound annual growth rate (CAGR) stands at +25.8%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.17B in fiscal 2025, representing a new all-time high.
Westinghouse Air Brake Technologies Corporation maintains positive profitability with a gross margin of 31.5%, operating margin of 16.7%, and net margin of 10.5%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including TT ($2.90B net income, 13.7% margin), ITT ($458M net income, 12.4% margin), RXO (-$69M net income, -1.7% margin), WAB has room to improve margins relative to the peer group. Compare WAB vs TT →
WAB Earnings vs Peers
Earnings metrics vs comparable public companies
WAB Historical Earnings Data (1993–2025)
33 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.17B | +10.8% | $1.87B | $6.83 | 10.5% | 16.7% |
| 2024 | $1.06B | +29.6% | $1.61B | $6.04 | 10.2% | 15.5% |
| 2023 | $815M | +28.8% | $1.27B | $4.54 | 8.4% | 13.1% |
| 2022 | $633M | +13.4% | $1.01B | $3.46 | 7.6% | 12.1% |
| 2021 | $558M | +34.8% | $876M | $2.96 | 7.1% | 11.2% |
| 2020 | $414M | +26.6% | $745M | $2.17 | 5.5% | 9.9% |
| 2019 | $327M | +10.9% | $663M | $1.84 | 4.0% | 8.1% |
| 2018 | $295M | +12.4% | $473M | $3.06 | 6.8% | 10.8% |
| 2017 | $262M | -14.0% | $421M | $2.72 | 6.8% | 10.8% |
| 2016 | $305M | -23.5% | $457M | $3.34 | 10.4% | 15.6% |
Full WAB Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WAB's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs WAB Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare WAB vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonWAB — Frequently Asked Questions
Quick answers to the most common questions about buying WAB stock.
Is WAB growing earnings?
WAB EPS stands at $7.09, with +13.1% growth matching the 5-year CAGR of +25.8%. TTM net income is $1.2B. Earnings trajectory remains consistent.
What are WAB's profit margins?
Westinghouse Air Brake Technologies Corporation net margin is +10.5%, with operating margin at +16.7%. Margins sit within typical range for the sector.
How consistent are WAB's earnings?
WAB earnings data spans 1993-2025. The current earnings trend is +13.1% YoY. Historical data enables comparison across business cycles.