WAB
Westinghouse Air Brake Technologies Corp
$259.19
-2.12 (-0.81%)
At close · Jul 7
Market Cap
$43.95B
Shares
169,677,346
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$11.17B
+7.5%
FY2025
Net Income
$1.17B
+10.8%
FY2025
Gross Margin
34.08%
+1.7pp
FY2025
Operating Margin
16.06%
+0.6pp
FY2025
Diluted EPS
$6.83
+13.1%
FY2025
Operating Cash Flow
$1.76B
-4.1%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $11.51B | $11.17B | $10.39B | $9.68B | $8.36B | $7.82B | $7.56B | $8.2B | $4.36B | $3.88B | $2.93B | $3.31B | $3.04B | $2.57B | $2.39B | $1.97B | $1.51B | $1.4B | $1.57B | |
| -$217M | — | — | -$218M | -$186M | -$177M | -$199M | -$219M | -$112.2M | -$77.9M | -$50.3M | -$16.89M | -$17.57M | -$15.34M | -$14.25M | -$15.01M | -$15.92M | -$16.67M | -$8.51M | |
| $7.54B | $7.36B | $7.02B | $6.73B | $5.82B | $5.45B | $5.42B | $5.92B | $3.13B | $2.82B | $2.01B | $2.26B | $2.11B | $1.8B | $1.7B | $1.4B | $1.06B | $1.01B | $1.15B | |
| $3.97B | $3.81B | $3.37B | $2.94B | $2.54B | $2.37B | $2.14B | $2.28B | $1.23B | $1.07B | $924.24M | $1.05B | $935.98M | $764.03M | $694.57M | $570.42M | $449.08M | $393.33M | $427.19M | |
| — | 34.08% | 32.41% | 30.42% | 30.38% | 30.29% | 28.28% | 27.78% | 28.28% | 27.44% | 31.53% | 31.68% | 30.74% | 29.77% | 29.05% | 28.99% | 29.8% | 28.06% | 27.13% | |
| $233M | $223M | $206M | $218M | $209M | $176M | $162M | $210M | $87.5M | $95.2M | $71.38M | $71.21M | $61.89M | $46.29M | $41.31M | $37.19M | $40.2M | $42.45M | $38.98M | |
| $1.58B | $1.49B | $1.25B | $1.14B | $1.03B | $1.03B | $948M | $1.17B | $633.2M | $512.5M | $373.56M | $347.37M | $324.54M | $262.72M | $245.71M | $247.53M | $195.89M | $161M | $170.6M | |
| $314M | $300M | $303M | $321M | $291M | $287M | $282M | $238M | $39.8M | $36.5M | $22.7M | $21.66M | $22.45M | $17.71M | $15.27M | $15M | $10.2M | $9.8M | — | |
| $520M | $501M | $503M | $531M | $479M | $491M | $473M | $401M | $109.3M | $103.2M | $69.8M | $64.73M | $61.26M | $51.19M | $44.14M | $44.85M | $38.59M | $35.52M | $29.83M | |
| — | — | $28M | $49M | $46M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| $2.13B | $2.01B | $1.76B | $1.68B | $1.53B | $1.49B | $1.39B | $1.62B | $760.5M | $644.2M | $467.63M | $440.25M | $408.87M | $326.72M | $302.29M | $299.72M | $246.27M | $213.29M | $214.67M | |
| $1.84B | $1.79B | $1.61B | $1.27B | $1.01B | $876M | $745M | $663M | $473.4M | $421.1M | $456.61M | $607.57M | $527.11M | $437.31M | $392.28M | $270.7M | $202.81M | $180.03M | $212.52M | |
| — | 16.06% | 15.49% | 13.08% | 12.09% | 11.2% | 9.86% | 8.09% | 10.85% | 10.85% | 15.58% | 18.37% | 17.31% | 17.04% | 16.41% | 13.76% | 13.46% | 12.84% | 13.5% | |
| $2.36B | $2.29B | $2.11B | $1.8B | $1.49B | $1.37B | $1.22B | $1.06B | $582.7M | $524.3M | $526.4M | $672.3M | $588.37M | $488.5M | $436.42M | $315.55M | $241.4M | $215.55M | $242.34M | |
| $250M | $225M | $201M | $218M | $186M | — | — | — | — | — | — | — | — | — | $14.92M | $15.39M | $15.98M | -$16.67M | — | |
| $49M | $24M | $2M | $44M | $29M | $38M | $11M | $3M | $6.4M | $8.9M | $6.53M | -$5.31M | -$1.68M | -$882K | -$670K | -$380K | -$60K | $1000 | $292K | |
| $1M | $2M | $8M | $25M | $17M | $20M | $10M | $8M | $1.9M | $2.6M | $409K | $0 | $0 | — | — | — | — | — | — | |
| $1.64B | $1.59B | $1.41B | $1.09B | $854M | $737M | $557M | $447M | $367.6M | $352.1M | $412.84M | $585.37M | $507.86M | $421.09M | $377.36M | $255.31M | $186.83M | $163.36M | $204.3M | |
| $416M | $409M | $343M | $267M | $213M | $172M | $145M | $120M | $75.9M | $89.8M | $99.43M | $186.74M | $156.18M | $128.85M | $125.63M | $85.17M | $63.73M | $48.3M | $73.75M | |
| $1.21B | $1.17B | $1.06B | $815M | $633M | $558M | $414M | $327M | $294.9M | $262.3M | $304.89M | $398.63M | $351.68M | $292.24M | $251.73M | $170.15M | $123.1M | $115.06M | $130.55M | |
| — | 10.48% | 10.17% | 8.42% | 7.57% | 7.13% | 5.48% | 3.99% | 6.76% | 6.76% | 10.4% | 12.05% | 11.55% | 11.39% | 10.53% | 8.65% | 8.17% | 8.21% | 8.29% | |
| $9M | $13M | $11M | $10M | $8M | $7M | -$2M | $0 | -$3.2M | $0 | $8.52M | $0 | $0 | — | — | — | — | — | — | |
| $1.21B | $1.17B | $1.05B | $813M | $631M | $556M | $413M | $325M | — | — | — | — | — | — | — | — | — | — | — | |
| $1.25B | $1.4B | $800M | $886M | $438M | $431M | $458M | $201M | $83.3M | $596.9M | $202M | $281.4M | $227.05M | $310.94M | $259.07M | $147.33M | $115.57M | — | — | |
| USD/shares | — | $6.84 | $6.05 | $4.54 | $3.46 | $2.96 | $2.18 | $1.91 | $3.06 | $2.74 | $3.37 | $4.14 | $3.66 | $3.05 | $2.62 | $1.77 | $2.57 | $2.41 | $2.69 |
| USD/shares | — | $6.83 | $6.04 | $4.53 | $3.46 | $2.96 | $2.17 | $1.84 | $3.05 | $2.72 | $3.34 | $4.10 | $3.62 | $3.01 | $2.60 | $1.76 | $2.56 | $2.39 | $2.66 |
| shares | — | 170.5M | 174.1M | 178.8M | 182.2M | 187.7M | 189.9M | 170.5M | 96M | 95.5M | 90.36M | 96.07M | 95.78M | 95.46M | 95.47M | 95.64M | 47.6M | 47.5M | 48.23M |
| shares | — | 171.1M | 174.8M | 179.5M | 182.8M | 188.1M | 190.4M | 177.3M | 96.5M | 96.1M | 91.14M | 97.01M | 96.89M | 96.83M | 96.74M | 96.66M | 48.01M | 47.98M | 48.85M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $3.42B in buybacks, $1.01B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
EV/EBIT
—
P/E (TTM)
36.63×
Railroads median 23.23×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Freight Segment | $8,036,000,000 | $7,468,000,000 | $6,923,000,000 | $5,979,000,000 | $5,239,000,000 | $5,082,000,000 | $5,441,000,000 | $1,766,400,000 |
| Transit Segment | $3,131,000,000 | $2,919,000,000 | $2,754,000,000 | $2,383,000,000 | $2,583,000,000 | $2,474,000,000 | $2,759,000,000 | $2,597,100,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| North America | $6,192,000,000 | $5,815,000,000 | $5,431,000,000 | $4,475,000,000 | $4,003,000,000 | $3,720,000,000 | $4,471,000,000 | $1,939,900,000 |
| United States | $5,367,000,000 | $4,924,000,000 | $4,553,000,000 | $3,734,000,000 | $3,321,000,000 | $3,161,000,000 | $3,381,000,000 | $1,460,300,000 |
| Europe | $1,956,000,000 | $1,814,000,000 | $1,644,000,000 | $1,446,000,000 | $1,680,000,000 | $1,577,000,000 | $1,692,000,000 | $1,562,400,000 |
| India | $699,000,000 | $579,000,000 | $593,000,000 | $531,000,000 | $531,000,000 | $441,000,000 | $504,000,000 | $178,500,000 |
| Other Europe | $663,000,000 | $612,000,000 | $520,000,000 | $458,000,000 | $515,000,000 | $405,000,000 | $387,000,000 | $354,500,000 |
| Canada | $555,000,000 | $616,000,000 | $531,000,000 | $454,000,000 | $462,000,000 | $372,000,000 | $733,000,000 | $279,000,000 |
| South America | $513,000,000 | $445,000,000 | $346,000,000 | $336,000,000 | $301,000,000 | $217,000,000 | $218,000,000 | $105,700,000 |
| Australia and New Zealand | $453,000,000 | $481,000,000 | $451,000,000 | $465,000,000 | $386,000,000 | $366,000,000 | $301,000,000 | $176,200,000 |
| Kazakhstan Russia And CIS | $431,000,000 | $559,000,000 | $457,000,000 | $399,000,000 | $412,000,000 | $313,000,000 | — | — |
| France | $419,000,000 | $369,000,000 | $346,000,000 | $273,000,000 | $286,000,000 | $252,000,000 | $294,000,000 | $247,800,000 |
| Germany | $379,000,000 | $371,000,000 | $347,000,000 | $339,000,000 | $383,000,000 | $351,000,000 | $340,000,000 | $314,700,000 |
| Africa | $326,000,000 | $194,000,000 | $229,000,000 | — | — | — | — | — |
| United Kingdom | $313,000,000 | $296,000,000 | $248,000,000 | $213,000,000 | $300,000,000 | $314,000,000 | $376,000,000 | $395,800,000 |
| Other Asia and Middle East | $300,000,000 | $258,000,000 | $240,000,000 | $183,000,000 | $177,000,000 | $199,000,000 | $216,000,000 | $167,500,000 |
| China | $297,000,000 | $242,000,000 | $286,000,000 | $244,000,000 | $228,000,000 | $225,000,000 | $290,000,000 | $170,300,000 |
| Mexico | $270,000,000 | $275,000,000 | $347,000,000 | $287,000,000 | $220,000,000 | $187,000,000 | $357,000,000 | $200,600,000 |
| Italy | $182,000,000 | $166,000,000 | $183,000,000 | $163,000,000 | $196,000,000 | $172,000,000 | $206,000,000 | $189,800,000 |
| Belarus | — | — | — | — | $0 | — | — | — |
| Switzerland | — | — | — | $73,000,000 | $88,000,000 | $83,000,000 | $89,000,000 | $59,800,000 |
| Egypt | — | $28,000,000 | $120,000,000 | $164,000,000 | $32,000,000 | $360,000,000 | $228,000,000 | $600,000 |
| Russia | — | — | — | — | $40,000,000 | — | — | — |
| Ukraine | — | — | — | — | $0 | — | — | — |
| Other Africa | — | $166,000,000 | $109,000,000 | $119,000,000 | $72,000,000 | $138,000,000 | $105,000,000 | $46,800,000 |
| Other International | — | — | — | — | — | — | $1,627,600,000 | $943,000,000 |
| Russia And CIS | — | — | — | — | $412,000,000 | $313,000,000 | $175,000,000 | $15,600,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Product | $9,261,000,000 | $8,434,000,000 | $7,647,000,000 | $6,459,000,000 | $6,205,000,000 | $6,233,000,000 | $6,908,000,000 | $4,178,000,000 |
| Service | $1,906,000,000 | $1,953,000,000 | $2,030,000,000 | $1,903,000,000 | $1,617,000,000 | $1,323,000,000 | $1,292,000,000 | $185,500,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Freight Segment | $1,567,000,000 | $1,422,000,000 | $1,065,000,000 | $860,000,000 | $717,000,000 | $584,000,000 | $643,000,000 | $334,300,000 |
| Transit Segment | $422,000,000 | $338,000,000 | $295,000,000 | $235,000,000 | $238,000,000 | $230,000,000 | $214,000,000 | $192,500,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Freight Segment | 19.5% | 19% | 15.4% | 14.4% | 13.7% | 11.5% | 11.8% | 18.9% |
| Transit Segment | 13.5% | 11.6% | 10.7% | 9.9% | 9.2% | 9.3% | 7.8% | 7.4% |
Key facts
CIK
943452
CUSIP
929740108
13F (30d)
71 filings
42 filers
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