WAB

— Fundamental Stock Analysis and Report Card

Industrials : Railroads

Located in Pittsburgh, PA, US. Westinghouse Air Brake Technologies Corporation (WAB) delivers a comprehensive suite of advanced technological solutions, equipment, and services tailored for the global freight railway and urban mass transit sectors. Its operations are bifurcated into two principal divisions: Freight and Transit. The Freight segment develops, produces, and maintains critical components for both newly manufactured and operational freight carriages and locomotives. This includes constructing brand-new commuter-focused locomotives, undertaking comprehensive rebuilding of freight locomotives, and delivering sophisticated railway electronic systems, positive train control (PTC) technology, signal design expertise, and related engineering provisions. This segment also furnishes essential heat exchange and cooling apparatus. Its clientele encompasses major publicly listed railway operators, equipment leasing firms, original equipment manufacturers (OEMs) of locomotives and freight cars, and various utility companies. The Transit segment is responsible for the production and upkeep of components utilized in both new and existing passenger conveyance systems, including regional and high-speed trains, subway cars, light-rail vehicles, and buses. This division also renovates subway cars and supplies HVAC (heating, ventilation, and air conditioning) systems, alongside doors for both buses and subways. This division caters to public transit agencies, municipal governments, leasing corporations, and manufacturers specializing in subway cars and buses. Beyond these core offerings, the company's extensive product portfolio further includes advanced electronically controlled pneumatic braking systems, various railway electronic devices, robust freight car undercarriages, crucial draft gears, couplers, and slack adjusters, as well as air compression and drying units. They also offer diverse heat exchange and cooling solutions, track and switch apparatus, and comprehensive railway braking components. WAB manufactures new switcher locomotives, friction products, and provides extensive overhaul, modernization, and refurbishment services for both transit and freight locomotives and cars. Additionally, their offerings extend to platform screen doors, pantographs, window assemblies, specialized couplers, accessibility lifts and ramps for public transport vehicles, and traction motors. Established in 1869, the company maintains its corporate headquarters in Pittsburgh, Pennsylvania.

Growth

Revenue, earnings and profitability.

Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.

Revenue History

Earnings History

Margins

Gross Margin TTM
33.81%
EBITDA Margin TTM
20.14%
Net Margin TTM
10.52%
Earnings Per Share TTM
7.12
Statements

Income & Cash Flow analysis.

An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.

Westinghouse Air Brake Technologies Corporation
Select Period:
Q1 2026
Total ($)
Q1 2026
Margin (%)
Revenue
3.0b
+340.0m
+13.0%
Gross Income
1.1b
+161.0m
+17.9%
36%
+1.5pp
+4.3%
EBITDA
581.0m
-1.0m
-0.2%
20%
-2.6pp
-11.7%
Operating Income
517.0m
+43.0m
+9.1%
18%
-0.6pp
-3.5%
Net Income
362.0m
+40.0m
+12.4%
12%
-0.1pp
-0.5%
Earnings Per Share
2.12
+0.2
+12.8%
Operating Cash Flow
199.0m
+8.0m
+4.2%
7%
-0.6pp
-7.8%
Free Cash Flow
153.0m
+6.0m
+4.1%
5%
-0.4pp
-7.9%
Research & Development
56.0m
+10.0m
+21.7%
2%
+0.1pp
+7.7%