Inside the research
Westinghouse Air Brake Technologies Corporation
WAB Research profile · latest available data
Price overview
$288.00
▼ -2.23 (-0.8%)
| 52w hi | $305.47 |
|---|---|
| 52w lo | $190.14 |
| Vol | 789.30K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.14
| Short | +0.20 |
|---|---|
| Medium | +0.11 |
| Long | +0.08 |
computed 2026-09-27
Key fundamentals
Westinghouse Air Brake Technologies Corporation
Industrials · Railroads
| Market cap | $48.65B |
|---|---|
| Enterprise value | $54.95B |
| Trailing P/E | 38.76x |
| Forward P/E | 23.12x |
| EV / EBITDA | 20.73x |
| P / S (ttm) | 4.06x |
| Profit margin | 10.6% |
| Return on equity | 11.6% |
| Revenue growth | +17.5% |
| Earnings growth | +18.9% |
| Debt / equity | 61.69 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.25 | |
| Sector | -0.01 | |
| Technical | +0.12 | |
| Earnings | +0.00 | |
| Sentiment | -0.01 |
macro × 1.00 · 2026-09-27
Business overview
Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, and train cruise and remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. In addition, it provides freight car trucks, braking equipment, and related components; air compressors and dryers, as well as heating, ventilation, and air conditioning (HVAC) systems; heat transfer components and systems; custom engineered burners and combustion systems; rail gear, signaling, and switch products; and turbochargers. Further, it offers freight locomotive overhauls, modernizations, and refurbishment; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; long-term parts arrangements; and way equipment maintenance services. Additionally, it provides railway and freight braking equipment and related components; brake shoes, discs, and pads; HVAC equipment; access and platform screen doors; pantographs; power converters and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
Risk Metrics
| Beta vs SPX | 1.08 |
|---|---|
| Corr SPX | 0.64 |
| Annual vol | 27.0% |
| Annual ret | +27.4% |
| Sharpe | 1.01 |
| Max DD | -23.7% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $300.00 |
|---|---|
| High / Low | $318.00 / $280.00 |
| Median | $303.00 |
| Analysts | 11 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 8 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-23 | Wells Fargo | → Equal-Weight |
| 2026-04-10 | JP Morgan | → Neutral |
| 2026-04-09 | Citigroup | → Buy |
| 2026-03-26 | Rothschild & Co | → Buy |
| 2026-02-13 | Wells Fargo | → Equal-Weight |
| 2026-02-12 | Stephens & Co. | → Overweight |
Officers & Board
| Founder | George Westinghouse current |
|---|
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-22 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-15 | Shareholder Vote | read |
| 2026-04-22 | Earnings Release, Reg FD Disclosure… | read |
| 2026-03-03 | Reg FD Disclosure, Exhibits | read |
| 2026-02-11 | Earnings Release, Reg FD Disclosure… | read |
| 2025-10-22 | Earnings Release, Reg FD Disclosure… | read |
| 2025-07-24 | Earnings Release, Reg FD Disclosure… | read |
| 2025-07-01 | Reg FD Disclosure, Other Material Event… | read |
| 2025-05-29 | Material Agreement, Material Obligation… | read |
| 2025-05-20 | Other Material Event, Exhibits | read |
| 2025-05-19 | Shareholder Vote | read |
| 2025-05-19 | Other Material Event, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-05 | Santana Rafael | President and CEO | Sell | 194 | $57.86K |
| 2026-08-05 | Santana Rafael | President and CEO | Sell | 518 | $153.87K |
| 2026-08-05 | Santana Rafael | President and CEO | Sell | 397 | $117.57K |
| 2026-08-05 | Santana Rafael | President and CEO | Sell | 54 | $16.14K |
| 2026-08-04 | Santana Rafael | President and CEO | Sell | 334 | $99.83K |
| 2026-08-04 | Santana Rafael | President and CEO | Sell | 80 | $23.72K |
| 2026-08-04 | Santana Rafael | President and CEO | Sell | 629 | $188.51K |
| 2026-08-04 | Santana Rafael | President and CEO | Sell | 120 | $35.72K |
| 2026-07-24 | Gebhardt Eric | Chief Technology Officer | Sell | 1.11K | $329.21K |
| 2026-07-24 | DeNinno David L | Exec VP, General Counsel, | Sell | 3.00K | $903.92K |
Flow & Concentration
| Insider 180d net | -$4.63M |
|---|---|
| Insider buys / sells | 0 / 22 |
| Insider bias | Sellers |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Connections
Subsidiarys: Dellner
Dividends
| Yield (TTM) | 0.19% |
|---|---|
| $ / share (TTM) | $0.56 |
| 5y CAGR | +15.8% |
Annual dividend per share
| 2021 | $0.48 |
|---|---|
| 2022 | $0.60 |
| 2023 | $0.68 |
| 2024 | $0.80 |
| 2025 | $1.00 |
| 2026 | $0.31 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $800.00K | Department of Transportation | DEVELOPMENT OF DUAL FUEL H2 LOCOMOTIVE ENGINE IN COOPERATION WITH OEM. KNOCK-IND |
| $500.00K | Department of Transportation | FRA 2024 BAA - MULTI-CYLINDER HYDROGEN DUAL FUEL ENGINE FOR GREENHOUSE GAS EMISS |
| $500.00K | Department of Transportation | THIS BROAD AGENCY ANNOUNCEMENT (BAA) CONTRACT IS TO UTILIZE PERCEPTION TECHNOLOG |
| $15.65K | Department of Transportation | THE PURPOSE OF THIS PURCHASE ORDER IS TO ACQUIRE (3) WABTEC GOLINC PRECISION REF |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $10.39B | +13.4% | |
| Gross profit | $3.81B | +15.3% | |
| Operating income | $1.27B | +13.9% | |
| Net income | $1.06B | +15.9% | |
| Cash from ops | $1.20B | +15.9% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $290.96 | $292.67 | $286.39 | $288.00 | 789.30K |
| Sep 24 | $289.08 | $292.09 | $287.35 | $290.23 | 542.00K |
| Sep 23 | $288.33 | $293.95 | $287.50 | $292.22 | 826.70K |
| Sep 22 | $282.81 | $290.19 | $282.14 | $289.71 | 1.08M |
| Sep 21 | $284.19 | $285.03 | $280.57 | $283.38 | 781.80K |
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