WAB · Westinghouse Air Brake Technologies Corp
$297.28
-3.26 (-1.08%)
At close · Aug 27
Market Cap
$50.76B
Shares
168.91M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$297.28
Open$298.82
Day$295.73–299.43
52W close$185.65–305.79
Avg vol 30d1.0M
Short int2.8M · 1.7% float · 3.0d
Short vol77%
Last earningsJul 22, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 22
Up next
Next earnings call
Oct 21, 2026
Est · unconfirmed
· in 8 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 22, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Low
Market backdrop
VIX 14.5 · calm
Equity put/call 0.39
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+18%
above
Price vs 50-day avg
+5%
above
RSI (14)
56
neutral
MACD trend
Negative
52-week position
93%
near high
Momentum
relative strength
1-month return
+2%
trailing
6-month return
+22%
trailing
YTD return
+39%
this year
Relative strength
+7%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $282 › 200d $252 — 50d above 200d
Institutional flow
Accumulating
+2% holders QoQ · +125 funds added
Insider flow
Distributing
Net -$5.4M over 90 days · 100% sells
Short interest
Falling
1.65% of float · ▼ -27.2% MoM · 3.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,188 holders — near 3-yr high, broad support
Squeeze score
49
elevated · 0–100
Fundamentals
Revenue growth
+22%
Y/Y
Gross margin
159%
contracting
EPS growth
+13%
Y/Y
Free cash flow
$1.5B
Valuation
P/E 40.4
rich
Buyback
$760.0M
remaining
Balance sheet
$5.1B
net debt
Quant / Vol
risk profile
Volatility
26%
annualized · 1-yr
Max drawdown
−11%
past year
ATR
2.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 22, 2026
Adjusted EPS
· 2026
Non-GAAP
$10.60 – $10.90
REVENUES
· 2026
$12.3B – $12.6B
prior FY $11.17B
midpoint +11.5% Y/Y
Prior guidance
period ended
· from the 8-K filed Oct 22, 2025
Adjusted EPS
· full year 2025
$8.85 – $9.05
Operating cash flow conversion
· full year 2025
at least 90%
Revenues
· full year 2025
$10.93B – $11.23B
Cash from operations conversion %
· 2025
at least 90%
Guided vs delivered
· last 3 settled
Revenues
full year 2025
guided $10.93B – $11.23B
$11.17B
In line
2023 sales
2023
guided $9.5B – $9.7B
$9.68B
In line
Sales range
2022
guided $8.15B – $8.35B
$8.36B
Beat +1.4%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+18%
Bullish
Price vs 50-day avg
+5%
Bullish
RSI (14)
56
Neutral
MACD trend
Negative
Bearish
52-week position
93%
Bullish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $282 › 200d $252 — 50d above 200d
Institutional flow
Accumulating
+2% holders QoQ · +125 funds added
Insider flow
Distributing
Net -$5.4M over 90 days · 100% sells
Short interest
Falling
1.65% of float · ▼ -27.2% MoM · 3.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,188 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $186
Now $297 · 93%
Range high $306
vs 200-day avg +18%
vs 50-day avg +5%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| 12-Month Backlog | $9.14B | June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $746M | Second Quarter 2026 | +22.7% |
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| Adjusted EPS non-GAAP | $2.76 | Second Quarter 2026 | — |
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| Adjusted Gross Margin non-GAAP | 36.7% | Q2 2026 | — |
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| Adjusted Operating Margin non-GAAP | 21.9% | 2Q 2026 | — |
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| Cash Flow from Operations | $441M | 2Q 2026 | — |
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| Freight 12-Month Backlog | $6.64B | As of June 30, 2026 | — |
| Freight Adjusted Operating Margin non-GAAP | 25.8% | 2Q 2026 | — |
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| Freight Multi-Year Backlog | $25.33B | As of June 30, 2026 | — |
| Freight Segment Adjusted Margin non-GAAP | 25.8% | Q2 2026 | — |
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| Multi-year backlog | $30.93B | As of June 30, 2026 | — |
| Operating Cash Flow Conversion | 82% | Q2 2026 | +78.3% |
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| Transit 12-Month Backlog | $2.5B | As of June 30, 2026 | — |
| Transit Adjusted Operating Margin non-GAAP | 17.7% | 2Q 2026 | — |
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| Transit Multi-Year Backlog | $5.6B | As of June 30, 2026 | — |
| Transit Segment Backlog | $2.24B | FY2026 Q2 | +16.9% |
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| 12-Month Backlog increased 17.7% year-over-year, ex-currency | 17.7% | 1Q 2026 | — |
| 12-Month Backlog increased 9.8% year-over-year, ex-currency | 9.8% | 1Q 2026 | — |
| Adjusted Earnings Per Share non-GAAP | $2.71 | Q1 2026 | — |
| Backlog | $9.25B | Q1 2026 | — |
| EBITDA | 677M | First Quarter 2026 | — |
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| Freight Adjusted Gross Margin non-GAAP | 38.3% | 1Q 2026 | — |
| Freight Segment Multi-Year Backlog | $6.68B | Q1 2026 | — |
| Transit Adjusted Gross Margin non-GAAP | 33.2% | 1Q 2026 | — |
| Adjusted Income from Operations non-GAAP | $2.27B | FY2025 | — |
| Adjusted Margin non-GAAP | 20.3% | FY2025 | — |
| Adjusted Net Income non-GAAP | $358M | Fourth Quarter 2025 | — |
| Backlog Freight Total | $22.49B | December 31, 2025 | — |
| Backlog Transit Total | $4.91B | December 31, 2025 | — |
| Backlog Wabtec Total | $27.41B | December 31, 2025 | — |
| Freight Operating margin (Full Year) | 19.5% | FY2025 | — |
| Recurring revenue percentage of profit | 56% | Q4 2025 | — |
| Transit Operating margin (Full Year) | 13.5% | FY2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Railroads — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
WAB
this stock
Westinghouse Air Brake Technologies Corp
|
$50.76B | +39.3% | +21.5% | 40.4 | 1.7% |
|
UNP
Union Pacific Corp
|
$184.53B | +33.0% | -10.0% | 25.1 | 4.4% |
|
CSX
Csx Corp
|
$95.37B | +42.2% | +17.6% | 29.8 | 1.9% |
|
CP
Canadian Pacific Kansas City Ltd/Cn
|
$82.64B | +27.5% | — | — | 2.1% |
|
NSC
Norfolk Southern Corp
|
$79.40B | +20.5% | +6.7% | 30.2 | 3.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| WAB | +1.7% | +1.7% | +21.5% | +2.2% | +39.3% |
| SPY | +1.1% | +4.0% | +14.7% | +3.2% | +13.1% |
| vs SPY | +0.6% | -2.3% | +6.8% | -1.0% | +26.2% |
Capital returns
Latest dividend
$0.31
/ share · ex Aug 18, 2026
Paid (TTM)
$1.18
/ share · 4 payouts
Dividend yield (TTM, derived)
0.40%
Buyback program
· as of Jun 30, 2026
Authorized
$1.20B
Spent (derived)
$440.00M
Remaining
$760.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
943452
CUSIP
929740108
13F (30d)
838 filings
817 filers
Visit website
Investor relations