Skip to main content
    W

    Westinghouse Air Brake Technologies Corp (WAB)

    Official site

    INDUSTRIALS • RAILROADS • NYSE

    $287.68
    +1.19 (+0.42%)

    Market Cap: $48.61B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    79%(31/39)
    Avg Surprise
    +3.67%
    Streak
    6 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.73
    Range$2.65 - $2.82
    11 analysts
    EPS Revisions
    1
    0
    7d
    3
    7
    30d
    EPS Estimate DriftChange to current
    90d ago$2.75-0.6%
    60d ago$2.73+0.0%
    30d ago$2.730.0%
    7d ago$2.730.0%
    Current$2.73
    Revenue Consensus
    $3.2B
    Range$3.2B - $3.2B
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$3.01
    Range$2.89 - $3.27
    12 analysts
    Revenue Consensus
    $3.3B
    Range$3.3B - $3.4B
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$3.01---
    Sep 26EST
    -$2.73---
    Jun 26
    Reported Jul 22
    $2.76$2.63+4.94%Beat+21.6%
    Mar 26
    Reported Apr 22
    $2.71$2.52+7.54%Beat+18.9%
    Dec 25
    Reported Feb 11
    $2.10$2.08+0.96%Beat+25.0%
    Sep 25
    Reported Oct 22
    $2.32$2.28+1.75%Beat+16.0%
    Jun 25
    Reported Jul 24
    $2.27$2.18+4.13%Beat+15.8%
    Mar 25
    Reported Apr 23
    $2.28$2.03+12.32%Beat+20.6%
    Dec 24
    Reported Feb 12
    $1.68$1.73-3.03%Miss+9.1%
    Sep 24
    Reported Oct 23
    $2.00$1.88+6.38%Beat+17.6%
    Jun 24
    Reported Jul 24
    $1.96$1.87+4.81%Beat+39.0%
    Mar 24
    Reported Apr 24
    $1.89$1.48+27.70%Beat+47.7%
    Dec 23
    Reported Feb 14
    $1.54$1.58-2.53%Miss+18.5%
    Sep 23
    Reported Oct 25
    $1.70$1.46+16.44%Beat+39.3%
    Jun 23
    Reported Jul 27
    $1.41$1.33+6.01%Beat+14.6%
    Mar 23
    Reported Apr 26
    $1.28$1.20+6.67%Beat+13.3%
    Dec 22
    Reported Feb 15
    $1.30$1.28+1.56%Beat+10.2%
    Sep 22
    Reported Nov 1
    $1.22$1.21+0.83%Beat+7.0%
    Jun 22
    Reported Aug 5
    $1.23$1.22+0.82%Beat+16.0%
    Mar 22
    Reported Apr 27
    $1.13$1.12+0.89%Beat+27.0%
    Dec 21
    Reported Feb 16
    $1.18$1.17+0.85%Beat+20.4%
    Sep 21
    Reported Oct 27
    $1.14$1.12+1.79%Beat+20.0%
    Jun 21
    Reported Jul 29
    $1.06$0.96+10.42%Beat+21.8%
    Mar 21
    Reported Apr 29
    $0.89$0.86+3.49%Beat-8.2%
    Dec 20
    Reported Feb 18
    $0.98$1.03-4.85%Miss-5.8%
    Sep 20
    Reported Oct 29
    $0.95$0.90+5.56%Beat-7.8%
    Jun 20
    Reported Jul 28
    $0.87$0.76+14.47%Beat-17.9%
    Mar 20
    Reported May 4
    $0.97$0.97+0.00%Beat-8.5%
    Dec 19
    Reported Feb 18
    $1.04$1.06-1.89%Miss+7.2%
    Sep 19
    Reported Oct 31
    $1.03$1.01+1.98%Beat+8.4%
    Jun 19
    Reported Jul 30
    $1.06$0.97+9.28%Beat+10.4%
    Mar 19
    Reported Apr 25
    $1.06$0.84+26.19%Beat+15.2%
    Dec 18
    Reported Feb 25
    $0.97$1.02-4.90%Miss+7.8%
    Sep 18
    Reported Oct 30
    $0.95$0.95+0.00%Beat+8.0%
    Jun 18
    Reported Jul 24
    $0.96$0.93+3.23%Beat+20.0%
    Mar 18
    Reported Apr 24
    $0.92$0.90+2.22%Beat+9.5%
    Dec 17
    Reported Feb 20
    $0.90$0.92-2.17%Miss+11.1%
    Sep 17
    Reported Oct 24
    $0.88$0.84+4.76%Beat-
    Jun 17
    Reported Jul 25
    $0.80$0.94-14.89%Miss-
    Mar 17
    Reported Apr 25
    $0.84$0.82+2.44%Beat-
    Dec 16
    Reported Feb 21
    $0.81$0.93-12.90%Miss-

    Dividends

    Dividend Metrics

    Forward Yield0.43%
    Forward Annual Dividend$1.24
    Payout Ratio9.98%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Nov

    Growth

    3Y CAGR+18.56%
    5Y CAGR+15.81%

    Key Metrics

    Valuation
    P/E Ratio29.09EV/EBITDA21.90x
    Price/FCF28.38xFCF Yield3.52%
    Profitability
    Profit Margin10.60%Operating Margin19.20%
    ROE11.60%ROIC8.37%
    Financial Health
    Debt/Equity0.59xInterest Coverage7.00x
    Current Ratio1.12xQuick Ratio0.59x
    Trading Statistics
    Beta0.92Avg Volume860.40K
    52-Week High$306.3252-Week Low$185.20

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$286.57
    SMA 20$287.40
    SMA 50$288.58
    SMA 200$264.29
    EMA 10$286.56
    EMA 20$286.59
    EMA 50$285.47
    EMA 200$263.69

    MACD

    Line: -0.02Signal: 0.03Hist: -0.04

    ADX

    ADX: 16.3+DI: 18.9-DI: 26.6

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down16.0
    PSAR$290.87

    Bollinger Bands

    Upper Band$294.72
    Lower Band$280.08
    %B Position509%(Upper)
    Band Width0.52

    RSI (14-Day)

    Neutral
    51.8

    Momentum Oscillators

    Stoch %K60.1
    Stoch %D57.3
    Williams %R-35.9
    ROC (10d)-0.1%
    Momentum-0.16
    CCI (20d)-20.2
    MFI (14d)54.0

    Volatility Measures

    ATR (14d)$6.24(2.2%)
    StdDev (20d)3.66
    Hist Vol18.9%(Low)

    Volume Flow

    VWAP$286.05
    OBV23.6M
    AD Line-48.2M
    CMF (20d)0.253

    Volume Metrics

    Avg Vol (20d)868.3K
    Vol Ratio1.3x
    VWMA (20d)$287.09

    Pivot Points

    R3$295.55
    R2$291.94
    R1$289.21
    Pivot Point$285.60
    S1$282.87
    S2$279.26
    S3$276.53

    Advanced Oscillators

    TSI-0.13
    Ultimate Osc57.6
    KST0.50

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.18B$2.95B$2.96B$2.89B$2.71B$2.61B$2.58B$2.66B$2.64B$2.50B$2.53B$2.55B
    Cost of Revenue$2.02B$1.89B$2.00B$1.88B$1.77B$1.71B$1.79B$1.78B$1.77B$1.68B$1.76B$1.76B
    Gross Profit$1.16B$1.06B$966.00M$1.00B$938.00M$900.00M$797.00M$880.00M$874.00M$815.00M$764.00M$792.00M
    Operating Expenses$561.00M$544.00M$610.00M$511.00M$466.00M$426.00M$463.00M$447.00M$444.00M$403.00M$456.00M$422.00M
    R&D$70.00M$56.00M$68.00M$59.00M$50.00M$46.00M$51.00M$50.00M$57.00M$48.00M$61.00M$53.00M
    SG&A$400.00M$401.00M$461.00M$375.00M$347.00M$307.00M$333.00M$318.00M$316.00M$281.00M$296.00M$295.00M
    Operating Income$600.00M$517.00M$356.00M$491.00M$472.00M$474.00M$334.00M$433.00M$430.00M$412.00M$308.00M$370.00M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$-60,000,000
    Interest Expense$80.00M$71.00M$68.00M$65.00M$46.00M$46.00M$53.00M$52.00M$49.00M$47.00M$28.00M$50.00M
    Income Before Tax$518.00M$469.00M$291.00M$425.00M$450.00M$426.00M$284.00M$378.00M$385.00M$363.00M$280.00M$320.00M
    Income Tax Expense$122.00M$106.00M$87.00M$112.00M$111.00M$99.00M$71.00M$92.00M$94.00M$86.00M$63.00M$78.00M
    Net Income$396.00M$363.00M$204.00M$313.00M$339.00M$327.00M$213.00M$286.00M$291.00M$277.00M$217.00M$242.00M
    EBITDA$731.00M$669.00M$487.00M$604.00M$601.00M$582.00M$455.00M$553.00M$540.00M$522.00M$480.00M$492.00M
    EBIT$598.00M$540.00M$359.00M$490.00M$496.00M$472.00M$337.00M$430.00M$434.00M$410.00M$335.00M$380.00M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about WAB

    Government Contracts

    Gov Obligations (TTM)
    -$472942
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    6
    New Awards (TTM)
    2
    Avg Remaining Term
    N/A

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    6973GH26P00431Department of TransportationFederal Aviation Administration$11940Nov 25, 2025
    SPE4A725F8467Department of DefenseDefense Logistics Agency$302Aug 14, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    WAB Valuation and Fair Value

    P/E
    29.1x
    Forward P/E
    23.8x
    EV/EBITDA
    21.9x
    P/FCF
    28.4x
    PEG
    1.4x
    P/B
    4.3x
    See GNG's fair value

    WAB Profitability: Margins, ROIC and FCF

    Gross margin
    35.0%
    Operating margin
    19.2%
    Net margin
    10.6%
    ROIC
    8.4%
    ROE
    11.6%
    FCF margin
    14.3%
    FCF yield
    3.5%

    WAB Analyst Ratings

    Consensus
    Buy
    Analysts
    12
    Strong Buy
    1
    Buy
    9
    Hold
    2
    Sell
    0
    Strong Sell
    0

    WAB Bull Case vs Bear Case

    Bull case

    • WAB beat EPS estimates in 87.5% of its last 8 reported quarters.
    • WAB grew quarterly revenue 17.5% year over year.
    • 83.3% of WAB's analyst ratings are Buy or Strong Buy.

    WAB Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    4.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.73
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 7 down

    WAB Dividend

    Forward yield
    0.4%
    Payout ratio
    10.0%
    3Y DPS growth
    18.6%
    5Y DPS growth
    15.8%
    Pay months
    Mar, Jun, Sep, Nov
    WAB dividend history

    Frequently Asked Questions About WAB

    What is WAB's current dividend yield?

    Westinghouse Air Brake Technologies Corp (WAB) has a forward dividend yield of 0.43%.

    Does WAB pay dividends?

    Yes, Westinghouse Air Brake Technologies Corp pays dividends with a forward dividend yield of 0.43%.

    What is WAB's P/E ratio?

    Westinghouse Air Brake Technologies Corp has a price-to-earnings (P/E) ratio of 29.09.

    What is WAB's market cap?

    Westinghouse Air Brake Technologies Corp (WAB) has a market capitalization of $48.61B with a current stock price of $287.68.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.