Westinghouse Air Brake Technologies Corporation (WAB)
NYSE: WAB · Real-Time Price · USD
300.65
+1.63 (0.55%)
At close: Aug 17, 2026, 4:00 PM EDT
300.72
+0.07 (0.02%)
After-hours: Aug 17, 2026, 7:58 PM EDT

WAB Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
11,98011,16710,3879,6778,3627,822
Revenue Growth
13.43%7.51%7.34%15.73%6.90%3.52%
Gross Profit
4,2813,8713,4032,9732,5792,369
Operating Income
2,1471,9781,6771,3221,058880
Net Income
1,2661,1671,053813631558
Earnings Per Share
7.436.836.044.533.462.96
EPS Growth
10.80%13.08%33.33%30.93%16.89%36.41%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Services
2,8733,0553,0193,2622,8192,430
Equipment
2,8062,3652,1081,7941,5281,302
Components
1,5591,5861,5551,094936867
Digital Intelligence
1,3361,030786773729640
Original Equipment Manufacturer (OEM)
1,5101,3931,3081,2641,0951,193
Aftermarket
1,8961,7381,6111,4901,2551,390
Revenue (Total)
11,98011,16710,3879,6778,3627,822

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
660764706625541473
Total Debt
6,9365,9333,9804,0694,0024,058
Net Cash (Debt)
-6,276-5,169-3,274-3,444-3,461-3,585
Net Cash Growth
------
Net Cash Per Share
-36.80-30.21-18.73-19.19-18.93-19.06

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,9991,7591,8341,2011,0381,073
Capital Expenditures
-285-260-207-186-149-130
Free Cash Flow
1,7141,4991,6271,015889943
Free Cash Flow Growth
18.04%-7.87%60.30%14.17%-5.73%45.52%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
35.73%34.66%32.76%30.72%30.84%30.29%
Operating Margin
17.92%17.71%16.14%13.66%12.65%11.25%
Pretax Margin
14.22%14.26%13.57%11.28%10.21%9.42%
Profit Margin
10.57%10.45%10.14%8.40%7.55%7.13%
FCF Margin
14.31%13.42%15.66%10.49%10.63%12.06%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.2401.0000.8000.6800.6000.480
Dividend Per Share Growth
24.21%25.00%17.65%13.33%25.00%0%
Dividend Yield
0.41%0.47%0.43%0.54%0.61%0.53%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
40.4931.2730.9527.9728.7730.84
Forward PE
26.2121.7723.0219.6919.0219.41
P/FCF Ratio
29.6324.3420.0322.4020.4218.25
PS Ratio
4.243.273.142.352.172.20