Westinghouse Air Brake Technologies Corporation (WAB)
NYSE: WAB · Real-Time Price · USD
283.59
+5.11 (1.83%)
At close: Nov 6, 2026, 4:00 PM EST
283.58
-0.01 (0.00%)
After-hours: Nov 6, 2026, 7:30 PM EST

WAB Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
3,1203,1792,9502,9652,8862,7062,6102,5832,6632,6442,4972,5262,5502,4072,1942,3062,0812,0481,9272,073
Revenue Growth
8.11%17.48%13.03%14.79%8.37%2.34%4.52%2.26%4.43%9.85%13.81%9.54%22.54%17.53%13.86%11.24%9.12%1.79%5.30%2.44%
Gross Profit
1,1661,1681,0879991,028941903815887880821777805731669683653647600657
Operating Income
631610560445533506494365448441423334385323287272272270249264
Net Income
409394361202309335321211283288271213240191169158160166149190
Earnings Per Share
2.422.332.121.191.811.961.881.231.631.641.531.201.331.060.930.870.880.910.801.01
EPS Growth
33.70%18.88%12.77%-3.76%11.04%19.51%22.88%3.00%22.56%54.72%64.52%37.39%51.14%16.48%16.25%-14.06%27.54%37.88%35.59%120.36%

Revenue by Segment

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Services
794748714667744781863702842737738958787810707773669711666663
Equipment
679737726666677546476499513570526352620418404430443381274377
Components
395398357429375401381386371414384269293274258241232234229218
Digital Intelligence
369360318361297191181207204199176210181195187225187164153167
Original Equipment Manufacturer (OEM)
408411381351367353322339349310310333308334289280264259292299
Aftermarket
475525454491426434387450384414363404361376349357286299313349
Revenue (Total)
3,1203,1792,9502,9652,8862,7062,6102,5832,6632,6442,4972,5262,5502,4072,1942,3062,0812,0481,9272,073

Cash & Debt

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
4786605217645001,486690706401590634625408371410541514501488473
Total Debt
6,7746,9366,9175,9335,6735,1074,3123,9804,3074,2924,2914,0694,3644,7184,5004,0024,3874,5144,5434,058
Net Cash (Debt)
-6,296-6,276-6,396-5,169-5,173-3,621-3,622-3,274-3,906-3,702-3,657-3,444-3,956-4,347-4,090-3,461-3,873-4,013-4,055-3,585
Net Cash Growth
--------------------
Net Cash Per Share
-37.30-37.00-37.47-30.23-30.23-21.15-21.14-19.03-22.44-21.03-20.64-19.26-22.08-24.23-22.65-19.05-21.29-22.00-21.92-19.22

Cash Flow & CapEx

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
455441199992367209191723542235334686425115-25410204263161314
Capital Expenditures
-74-62-46-122-55-39-44-84-46-46-31-77-39-38-32-67-32-30-20-52
Free Cash Flow
38137915387031217014763949618930360938677-57343172233141262
Free Cash Flow Growth
22.12%122.94%4.08%36.15%-37.10%-10.05%-51.48%4.93%28.50%145.46%-77.55%124.42%-66.95%-30.92%-22.17%19.49%-46.79%-9.22%

Margins

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
37.37%36.74%36.85%33.69%35.62%34.77%34.60%31.55%33.31%33.28%32.88%30.76%31.57%30.37%30.49%29.62%31.38%31.59%31.14%31.69%
Operating Margin
20.22%19.19%18.98%15.01%18.47%18.70%18.93%14.13%16.82%16.68%16.94%13.22%15.10%13.42%13.08%11.79%13.07%13.18%12.92%12.73%
Pretax Margin
17.85%16.29%15.90%9.81%14.73%16.63%16.32%10.99%14.19%14.56%14.54%11.08%12.55%10.76%10.62%9.11%10.43%11.08%10.38%11.34%
Profit Margin
13.11%12.39%12.24%6.81%10.71%12.38%12.30%8.17%10.63%10.89%10.85%8.43%9.41%7.94%7.70%6.85%7.69%8.11%7.73%9.16%
FCF Margin
12.21%11.92%5.19%29.34%10.81%6.28%5.63%24.74%18.63%7.15%12.13%24.11%15.14%3.20%-2.60%14.87%8.27%11.38%7.32%12.64%

Dividends

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
0.3100.3100.3100.2500.2500.2500.2500.2000.2000.2000.2000.1700.1700.1700.1700.1500.1500.1500.1500.120
Dividend Per Share Growth
24.00%24.00%24.00%25.00%25.00%25.00%25.00%17.65%17.65%17.65%17.65%13.33%13.33%13.33%13.33%25.00%25.00%25.00%25.00%0%
Dividend Yield
0.41%0.41%0.42%0.47%0.47%0.43%0.47%0.42%0.42%0.47%0.49%0.53%0.62%0.58%0.61%0.60%0.70%0.66%0.52%0.52%

Valuation

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
35.5136.1335.2331.2729.1431.1528.0930.9530.1827.5528.1927.9725.1129.1027.9128.6822.2523.5729.9530.84
Forward PE
25.0425.0023.9721.7721.1623.6321.0923.0223.1921.2121.5019.6917.5819.8018.8019.0215.9116.4419.6919.41
P/FCF Ratio
27.2126.6928.2624.3427.0324.6721.0620.0319.9418.7518.7622.4025.4236.87-20.4218.3117.4921.7618.25
PS Ratio
3.973.823.703.273.183.392.953.143.082.732.582.352.012.192.112.171.821.892.252.20