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Westinghouse Air Brake Technologies Corporation

WAB · NYQ
$288.00-0.77%
52W Low: $186.0652W High: $306.64
Current: $288.00  ·  85% of 52-week range
IndustrialsRailroadsNYQ
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Westinghouse Air Brake Technologies Corporation (WAB) is a industrials company in the railroads industry with $11.98B in trailing revenue trading at a 38.8× trailing P/E — analyst consensus: strong buy.

Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, and train cruise and remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. In addition, it provides freight car trucks, braking equipment, and related components; air compressors and dryers, as well as heating, ventilation, and air conditioning (HVAC) systems; heat transfer components and systems; custom engineered burners and combustion systems; rail gear, signaling, and switch products; and turbochargers. Further, it offers freight locomotive overhauls, modernizations, and refurbishment; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; long-term parts arrangements; and way equipment maintenance services. Additionally, it provides railway and freight braking equipment and related components; brake shoes, discs, and pads; HVAC equipment; access and platform screen doors; pantographs; power converters and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Key Statistics

Market Cap$48.65B
Revenue (TTM)$11.98B
EPS (TTM)$7.43
EPS (Fwd est.)$12.46
Employees31,000
Trailing P/E38.76
Forward P/E23.12
PEG Ratio1.37
Price / Sales4.06
Price / Book4.34
EV / EBITDA20.73
Beta (5Y)0.92

Analyst Consensus

Consensus
Strong Buy
Analyst Price Target
+14.4% upside
Target: $329.58

Annual Revenue & Net Income

RevenueNet Income
'22
$8.36B
$630.00M
'23
$9.68B
$810.00M
'24
$10.39B
$1.06B
'25
$11.17B
$1.17B

Earnings History


QuarterActual EPSEstimateResult
Jul 2026
$2.76
$2.61Beat (+5.9%)
Apr 2026
$2.71
$2.52Beat (+7.5%)
Feb 2026
$2.10
$2.08Beat (+0.9%)
Oct 2025
$2.32
$2.28Beat (+2.0%)

Next Earnings Report

Westinghouse Air Brake Technologies Corporation is next expected to report earnings on 21 Oct 2026.

Profitability

35.7%
19.2%
10.6%
Gross
Margin
Operating
Margin
Net
Margin
Revenue Growth (YoY)17.5%
Return on Equity11.6%
Return on Assets6.2%

Balance Sheet

Cash & Equivalents$660.00M
Total Debt$6.94B
Net Position$6.28B (net debt)
Free Cash Flow (TTM)$1.10B
Debt / Equity61.69

Share Ownership

Institutions 95.8%
Insiders 0.7%
Public 3.5%

Dividend

Annual Rate
$1.24
Yield
0.43%
Payout Ratio
15.1%
Ex-Dividend Date
18 Aug 2026
5Y Avg Yield
0.52%

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Frequently Asked Questions

What does Westinghouse Air Brake Technologies Corporation (WAB) do?
Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positi…
What is WAB's market cap?
Westinghouse Air Brake Technologies Corporation has a market capitalization of approximately $48.65B.
What is WAB's P/E ratio?
Westinghouse Air Brake Technologies Corporation trades at a trailing P/E ratio of 38.8x and a forward P/E of 23.1x, which is above the broad market average of ~25x.
How much revenue does WAB generate?
Westinghouse Air Brake Technologies Corporation generated $11.98B in trailing 12-month revenue.
What do analysts say about WAB?
The analyst consensus rating for Westinghouse Air Brake Technologies Corporation is strong buy, with a mean price target of $329.58. That implies +14.4% upside from the current price.
When does WAB report earnings?
Westinghouse Air Brake Technologies Corporation is next scheduled to report earnings on 21 Oct 2026.
Does WAB pay a dividend?
Yes. Westinghouse Air Brake Technologies Corporation pays a dividend with a current yield of 0.43%, at an annual rate of $1.24 per share.

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