Westinghouse Air Brake Technologies Corporation

NYSE:WAB Stock Report

Market Cap: US$34.2b

Westinghouse Air Brake Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Westinghouse Air Brake Technologies has a total shareholder equity of $10.8B and total debt of $4.8B, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are $20.4B and $9.5B respectively. Westinghouse Air Brake Technologies's EBIT is $1.8B making its interest coverage ratio 9.6. It has cash and short-term investments of $1.5B.

Key information

44.11%

Debt to equity ratio

US$4.78b

Debt

Interest coverage ratio9.6x
CashUS$1.49b
EquityUS$10.85b
Total liabilitiesUS$9.55b
Total assetsUS$20.39b

Recent financial health updates

Recent updates

Investors Interested In Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Earnings

Sep 16
Investors Interested In Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Earnings

Improved Outlook For Profits Makes Wabtec Look More Attractive

Sep 08

Is Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Potentially Undervalued?

Sep 04
Is Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Potentially Undervalued?

If EPS Growth Is Important To You, Westinghouse Air Brake Technologies (NYSE:WAB) Presents An Opportunity

Aug 10
If EPS Growth Is Important To You, Westinghouse Air Brake Technologies (NYSE:WAB) Presents An Opportunity

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Jul 29
Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Westinghouse Air Brake Technologies (NYSE:WAB) Has A Pretty Healthy Balance Sheet

Jul 08
Westinghouse Air Brake Technologies (NYSE:WAB) Has A Pretty Healthy Balance Sheet

Shareholders May Be More Conservative With Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) CEO Compensation For Now

May 08
Shareholders May Be More Conservative With Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) CEO Compensation For Now

Why Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Could Be Worth Watching

May 06
Why Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Could Be Worth Watching

With EPS Growth And More, Westinghouse Air Brake Technologies (NYSE:WAB) Makes An Interesting Case

Apr 22
With EPS Growth And More, Westinghouse Air Brake Technologies (NYSE:WAB) Makes An Interesting Case

The Return Trends At Westinghouse Air Brake Technologies (NYSE:WAB) Look Promising

Apr 02
The Return Trends At Westinghouse Air Brake Technologies (NYSE:WAB) Look Promising

Is Westinghouse Air Brake Technologies (NYSE:WAB) Using Too Much Debt?

Mar 09
Is Westinghouse Air Brake Technologies (NYSE:WAB) Using Too Much Debt?

Is There An Opportunity With Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) 29% Undervaluation?

Feb 25
Is There An Opportunity With Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) 29% Undervaluation?

Wabtec: Continued Margin Execution

Feb 23

At US$209, Is It Time To Put Westinghouse Air Brake Technologies Corporation (NYSE:WAB) On Your Watch List?

Jan 26
At US$209, Is It Time To Put Westinghouse Air Brake Technologies Corporation (NYSE:WAB) On Your Watch List?

Shareholders Should Be Pleased With Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Price

Jan 01
Shareholders Should Be Pleased With Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Price

Wabtec: Time To Blow Off Some Steam

Dec 27

Westinghouse Air Brake Technologies (NYSE:WAB) Might Have The Makings Of A Multi-Bagger

Dec 20
Westinghouse Air Brake Technologies (NYSE:WAB) Might Have The Makings Of A Multi-Bagger

Does Westinghouse Air Brake Technologies (NYSE:WAB) Deserve A Spot On Your Watchlist?

Dec 05
Does Westinghouse Air Brake Technologies (NYSE:WAB) Deserve A Spot On Your Watchlist?

Westinghouse Air Brake Technologies (NYSE:WAB) Could Easily Take On More Debt

Nov 23
Westinghouse Air Brake Technologies (NYSE:WAB) Could Easily Take On More Debt

I Said 'Hold' For Wabtec, But Mr. Market Taught Me A Lesson (Rating Change)

Oct 26

What Does Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Share Price Indicate?

Oct 16
What Does Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Share Price Indicate?
User avatar

Wabtec's Tactical Moves Promise Robust Growth And Global Expansion

Strong second-quarter sales and earnings growth, driven by the Freight segment and margin expansion, suggest the company's financial strength may be underappreciated.

Wabtec Has Appeal For Railfans And Investors - I Just Wish Valuation Would Be Better

Jul 30

Wabtec On Track For Strong Multiyear Mid-Teens EPS Growth On Recovering Rail Spending

Jun 13

Financial Position Analysis

Short Term Liabilities: WAB's short term assets ($6.4B) exceed its short term liabilities ($3.6B).

Long Term Liabilities: WAB's short term assets ($6.4B) exceed its long term liabilities ($5.9B).


Debt to Equity History and Analysis

Debt Level: WAB's net debt to equity ratio (30.4%) is considered satisfactory.

Reducing Debt: WAB's debt to equity ratio has reduced from 45.2% to 44.1% over the past 5 years.

Debt Coverage: WAB's debt is well covered by operating cash flow (34.8%).

Interest Coverage: WAB's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 01:04
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Westinghouse Air Brake Technologies Corporation is covered by 36 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristine KubackiAvondale Partners
Gunnar CohrsBerenberg
Kenneth HoexterBofA Global Research