Stock · WAB · Industrials
United States · Large Cap · listed since 1995 · Revenue 12 mo. $12.2B
Price as of 11/06/2026
Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide.
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.
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Summary
57.5 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €1.3B (2025), it supports €14.9B. The remaining €27B of the market value assume it grows 14.4% a year for 10 years and not at all afterwards.
Required FCF growth per year
14.4%
no growth afterwards
Price to operating cash flow 22.9×, above its usual range.
Middle half of 20 quarters: 17.3× to 21.9×, median 18.9×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
No anomaly in the stored figures.
Since the last quarter
Q2 → Q3 2026
7 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, FCF margin, Net debt, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 10.50% | 13.10% | Rank 37 |
| Return on capital (Greenblatt) | 86.53% | 19.33% | Rank 93 |
| EBIT margin | 16.74% | 11.28% | Rank 72 |
| FCF margin | 13.42% | 8.50% | Rank 78 |
| Gross margin | 31.48% | 28.98% | Rank 56 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 7.51% | 5.15% | Rank 62 |
| Earnings growth, 3 years per year | 25.46% | 8.01% | Rank 80 |
| Earnings growth, 5 years per year | 25.75% | 12.89% | Rank 81 |
| Sustainable growth (ROE × retained earnings) | 2.33% | 4.02% | Rank 27 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 2.41% | 4.42% | Rank 14 |
| FCF yield | 3.21% | 3.98% | Rank 38 |
| EV/saleslower is better | 4.61 | 2.08 | Rank 21 |
| EV/EBITlower is better | 27.53 | 19.47 | Rank 23 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 29.57% | −0.01% | Rank 87 |
| Share price, 6 months | 7.21% | −1.43% | Rank 67 |
| Share price, 3 months | 2.31% | 0.53% | Rank 56 |
| Distance from 52-week high | −7.26% | −16.36% | Rank 80 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 10.59% | 1.39% | Rank 6 |
| Change in share countlower is better | −2.12% | −0.44% | Rank 75 |
| Dividend streak in years | 30 | 5 | Rank 97 |
| Price reaction to results, market-adjusted | 1.43% | 0.27% | Rank 59 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 50.49% | 39.65% | Rank 71 |
| Net debt/EBITDAlower is better | 2.09 | 1.38 | Rank 33 |
| Debt to equitylower is better | 0.50 | 0.61 | Rank 60 |
| Volatility, 1 yearlower is better | 26.41% | 32.95% | Rank 72 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF | Shares | Net debt, $B |
|---|---|---|---|---|---|
| 2016 | 2.9 | 15.6% | $399.1M | 91.1M | 1.5 |
| 2017 | 3.9 | 10.9% | $99.3M | 96.1M | 1.6 |
| 2018 | 4.4 | 10.9% | $221.4M | 96.5M | 3.2 |
| 2019 | 8.2 | 8.1% | $830.2M | 177M | 3.7 |
| 2020 | 7.6 | 9.9% | $647.3M | 190M | 3.2 |
| 2021 | 7.8 | 11.2% | $943.0M | 188M | 3.6 |
| 2022 | 8.4 | 12.1% | $889.0M | 183M | 3.5 |
| 2023 | 9.7 | 13.1% | $1.0B | 180M | 3.4 |
| 2024 | 10.4 | 15.5% | $1.6B | 175M | 3.3 |
| 2025 | 11.2 | 16.7% | $1.5B | 171M | 4.8 |
4 of 7 StockScorer Score rules met · How the score is built
Westinghouse Air Brake Technologies Corp mainly meets criteria in the Momentum category. Result from 18 strategies checked.
Westinghouse Air Brake Technologies Corp is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
6 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Westinghouse Air Brake Technologies Corp.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 41.5 | 22.5 |
| P/B ratio | 4.4 | 2.9 |
| Return on equity (ROE) | 10.5% | 13.1% |
| Equity ratio | 50.5% | 39.7% |
| Debt-to-equity (D/E) | 0.50 | 0.61 |
| Dividend yield | 0.4% | 2.0% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| WAB | Westinghouse Air Brake Technologies Corpthis page | |
| NSC | Norfolk Southern Corporation | Low2.7 |
| CSX | CSX Corporation | Low3.6 |
| UNP | Union Pacific Corporation | Low3.6 |
| 601816.SS | Beijing-Shanghai High Speed Railway Co Ltd | locked |
| 601766.SS | CRRC Corp Ltd Class A | locked |
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