Westinghouse Air Brake Technologies Corporation (WAB)
NYSE: WAB · Real-Time Price · USD
305.79
+4.89 (1.63%)
At close: Jul 28, 2026, 4:00 PM EDT
306.50
+0.71 (0.23%)
After-hours: Jul 28, 2026, 7:45 PM EDT

WAB Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Revenue
3,1792,9502,9652,8862,7062,6102,5832,6632,6442,4972,5262,5502,4072,1942,3062,0812,0481,9272,0731,907
Revenue Growth
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%2.25%
Gross Profit
1,1611,0619661,002938900797880874815764792723665652648645595652603
Operating Income
600517356491472474334433430412308370312276247261264239264217
Net Income
395362202310336322212283289272215240191169158160166149190131
Earnings Per Share
2.332.121.181.811.961.881.231.631.641.531.201.331.060.930.860.880.910.801.020.69
EPS Growth
18.88%12.77%-4.06%11.04%19.51%22.88%2.50%22.56%54.72%64.52%39.53%51.14%16.48%16.25%-15.69%27.54%37.88%35.59%121.74%2.99%

Revenue by Segment

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Services
748714667744781863702842737738958787810707773669711666663583
Equipment
737726666677546476499513570526352620418404430443381274377335
Components
398357429375401381386371414384269293274258241232234229218222
Digital Intelligence
360318361297191181207204199176210181195187225187164153167155
Original Equipment Manufacturer (OEM)
411381351367353322339349310310333308334289280264259292299287
Aftermarket
525454491426434387450384414363404361376349357286299313349325
Revenue (Total)
3,1792,9502,9652,8862,7062,6102,5832,6632,6442,4972,5262,5502,4072,1942,3062,0812,0481,9272,0731,907

Cash & Debt

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Cash & Investments
6705317895281,499698715410595639620392371417541514501488473456.4
Total Debt
6,5716,5385,5415,2854,7844,0073,9804,0173,9974,0004,0694,0474,3904,1644,0024,0754,2134,2394,0584,071
Net Cash (Debt)
-5,901-6,007-4,752-4,757-3,285-3,309-3,265-3,607-3,402-3,361-3,449-3,655-4,019-3,747-3,461-3,561-3,712-3,751-3,585-3,615
Net Cash Growth
--------------------
Net Cash Per Share
-34.79-35.19-27.79-27.80-19.19-19.32-18.98-20.72-19.33-18.97-19.29-20.40-22.40-20.75-19.05-19.58-20.35-20.28-19.22-19.23

Cash Flow & CapEx

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Operating Cash Flow
441199992367209191723542235334686425115-25410204263161314244
Capital Expenditures
-62-46-122-55-39-44-84-46-46-31-77-39-38-32-67-32-30-20-52-23
Free Cash Flow
37915387031217014763949618930360938677-57343172233141262221
Free Cash Flow Growth
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%11.39%

Margins

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Gross Margin
36.52%35.97%32.58%34.72%34.66%34.48%30.86%33.05%33.06%32.64%30.25%31.06%30.04%30.31%28.27%31.14%31.49%30.88%31.45%31.62%
Operating Margin
18.87%17.53%12.01%17.01%17.44%18.16%12.93%16.26%16.26%16.50%12.19%14.51%12.96%12.58%10.71%12.54%12.89%12.40%12.74%11.38%
Pretax Margin
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%9.18%
Profit Margin
12.46%12.31%6.88%10.85%12.53%12.53%8.25%10.74%11.01%11.09%8.59%9.49%8.02%7.89%6.90%7.83%8.25%7.78%9.31%6.92%
FCF Margin
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%11.59%

Dividends

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Dividend Per Share
0.3100.3100.2500.2500.2500.2500.2000.2000.2000.2000.1700.1700.1700.1700.1500.1500.1500.1500.1200.120
Dividend Per Share Growth
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%0%
Dividend Yield
0.12%0.12%0.12%0.13%0.12%0.14%0.10%0.11%0.13%0.14%0.14%0.16%0.16%0.17%0.15%0.19%0.18%0.16%0.13%0.14%

Valuation

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
PE Ratio
36.2435.3531.2529.1431.2528.4231.3930.3027.7328.4528.0125.4229.4028.2328.8522.5324.0030.3431.1235.92
Forward PE
25.0023.9721.7721.1623.6321.0923.0223.1921.2121.5019.6917.5819.8018.8019.0215.9116.4419.6919.4118.49
P/FCF Ratio
26.6028.2124.2927.0224.7821.0919.9619.5718.6618.7322.2325.4136.7126.3020.3418.3117.3521.4818.1516.61
PS Ratio
3.813.693.263.183.412.963.133.022.722.582.332.012.192.112.161.821.872.222.192.07