Westinghouse Air Brake Technologies Corporation

NYSE:WAB Stock Report

Market Cap: US$35.0b

Westinghouse Air Brake Technologies Past Earnings Performance

Past criteria checks 4/6

Westinghouse Air Brake Technologies has been growing earnings at an average annual rate of 21.9%, while the Machinery industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 8.3% per year. Westinghouse Air Brake Technologies's return on equity is 10.7%, and it has net margins of 10.9%.

Key information

21.91%

Earnings growth rate

24.08%

EPS growth rate

Machinery Industry Growth8.77%
Revenue growth rate8.29%
Return on equity10.74%
Net Margin10.90%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Wabtec: Executing Despite Softer Organic Growth

Oct 24

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

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
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

Revenue & Expenses Breakdown

How Westinghouse Air Brake Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:WAB Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2510,7851,1761,301206
30 Jun 2510,5621,1501,252197
31 Mar 2510,5001,1031,247204
31 Dec 2410,3871,0531,233206
30 Sep 2410,3301,0551,192216
30 Jun 2410,2171,0121,175219
31 Mar 249,9809151,146215
31 Dec 239,6778131,126218
30 Sep 239,4577581,109217
30 Jun 238,9886781,070218
31 Mar 238,6296531,043215
31 Dec 228,3626311,021209
30 Sep 228,1296651,011201
30 Jun 227,9556361,012191
31 Mar 227,9195951,009183
31 Dec 217,8225581,026176
30 Sep 217,773456929162
30 Jun 217,731452913155
31 Mar 217,456413862151
31 Dec 207,556413867162
30 Sep 207,901461924183
30 Jun 208,037424936205
31 Mar 208,536441992224
31 Dec 198,2003251,094210
30 Sep 196,949225869176
30 Jun 196,026221726138
31 Mar 194,901202636100
31 Dec 184,36429462488
30 Sep 184,32130954985
30 Jun 184,20128855490
31 Mar 184,02227649594
31 Dec 173,88226247395
30 Sep 173,56625043091
30 Jun 173,28426538882
31 Mar 173,07528436077
31 Dec 162,93130436471
30 Sep 163,00436833372
30 Jun 163,13838534473
31 Mar 163,26139635272
31 Dec 153,30839734771
30 Sep 153,29638834970
30 Jun 153,28437935569
31 Mar 153,16836633966
31 Dec 143,04435032562

Quality Earnings: WAB has high quality earnings.

Growing Profit Margin: WAB's current net profit margins (10.9%) are higher than last year (10.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WAB's earnings have grown significantly by 21.9% per year over the past 5 years.

Accelerating Growth: WAB's earnings growth over the past year (11.5%) is below its 5-year average (21.9% per year).

Earnings vs Industry: WAB earnings growth over the past year (11.5%) exceeded the Machinery industry -2%.


Return on Equity

High ROE: WAB's Return on Equity (10.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/03 22:46
End of Day Share Price 2025/11/03 00:00
Earnings2025/09/30
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

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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 29 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gunnar CohrsBerenberg
Kenneth HoexterBofA Global Research
Liam BurkeB. Riley Securities, Inc.