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
Vol789.30K
As of25 Sep 2026

The Verdict

Hold

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/E38.76x
Forward P/E23.12x
EV / EBITDA20.73x
P / S (ttm)4.06x
Profit margin10.6%
Return on equity11.6%
Revenue growth+17.5%
Earnings growth+18.9%
Debt / equity61.69

Layer Breakdown

LayerRawContribution
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.

United States · www.wabteccorp.com

Risk Metrics

Beta vs SPX1.08
Corr SPX0.64
Annual vol27.0%
Annual ret+27.4%
Sharpe1.01
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
Analysts11
Strong Buy1
Buy8
Hold2
Sell0
Strong Sell0

Recent rating actions

2026-04-23Wells Fargo→ Equal-Weight
2026-04-10JP Morgan→ Neutral
2026-04-09Citigroup→ Buy
2026-03-26Rothschild & Co→ Buy
2026-02-13Wells Fargo→ Equal-Weight
2026-02-12Stephens & Co.→ Overweight

Officers & Board

FounderGeorge Westinghouse current

Material Events

DateEvent8-K
2026-07-22Earnings Release, Reg FD Disclosure…read
2026-05-15Shareholder Voteread
2026-04-22Earnings Release, Reg FD Disclosure…read
2026-03-03Reg FD Disclosure, Exhibitsread
2026-02-11Earnings Release, Reg FD Disclosure…read
2025-10-22Earnings Release, Reg FD Disclosure…read
2025-07-24Earnings Release, Reg FD Disclosure…read
2025-07-01Reg FD Disclosure, Other Material Event…read
2025-05-29Material Agreement, Material Obligation…read
2025-05-20Other Material Event, Exhibitsread
2025-05-19Shareholder Voteread
2025-05-19Other Material Event, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-05Santana RafaelPresident and CEOSell194$57.86K
2026-08-05Santana RafaelPresident and CEOSell518$153.87K
2026-08-05Santana RafaelPresident and CEOSell397$117.57K
2026-08-05Santana RafaelPresident and CEOSell54$16.14K
2026-08-04Santana RafaelPresident and CEOSell334$99.83K
2026-08-04Santana RafaelPresident and CEOSell80$23.72K
2026-08-04Santana RafaelPresident and CEOSell629$188.51K
2026-08-04Santana RafaelPresident and CEOSell120$35.72K
2026-07-24Gebhardt EricChief Technology OfficerSell1.11K$329.21K
2026-07-24DeNinno David LExec VP, General Counsel,Sell3.00K$903.92K

Flow & Concentration

Insider 180d net-$4.63M
Insider buys / sells0 / 22
Insider biasSellers
13F holders0
Top-5 share0.0%
HHI0 (—)

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

AmountAgencyDescription
$800.00KDepartment of TransportationDEVELOPMENT OF DUAL FUEL H2 LOCOMOTIVE ENGINE IN COOPERATION WITH OEM. KNOCK-IND
$500.00KDepartment of TransportationFRA 2024 BAA - MULTI-CYLINDER HYDROGEN DUAL FUEL ENGINE FOR GREENHOUSE GAS EMISS
$500.00KDepartment of TransportationTHIS BROAD AGENCY ANNOUNCEMENT (BAA) CONTRACT IS TO UTILIZE PERCEPTION TECHNOLOG
$15.65KDepartment of TransportationTHE PURPOSE OF THIS PURCHASE ORDER IS TO ACQUIRE (3) WABTEC GOLINC PRECISION REF

SEC Filings

DateFormDoc
2026-08-064view
2026-07-274view
2026-07-274view
2026-07-274view
2026-07-2210-Qview
2026-07-228-Kview
2026-07-084view
2026-07-024view
2026-06-2311-Kview
2026-06-164view
2026-06-094view
2026-05-154view
2026-05-158-Kview
2026-05-154view
2026-05-154view

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
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

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$290.96$292.67$286.39$288.00789.30K
Sep 24$289.08$292.09$287.35$290.23542.00K
Sep 23$288.33$293.95$287.50$292.22826.70K
Sep 22$282.81$290.19$282.14$289.711.08M
Sep 21$284.19$285.03$280.57$283.38781.80K

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →