WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB)

292.23 -1.70% (-5.05)

Over 1M: +0.6%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

290 295 300 305
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 1.9B Q3 '21 — Operating Cash Flow: 244M Q3 '21 — Free Cash Flow: 221M Q3 '21 — Net Income: 131M Q4 '21 — Revenue: 2.1B Q4 '21 — Operating Cash Flow: 314M Q4 '21 — Free Cash Flow: 262M Q4 '21 — Net Income: 190M Q1 '22 — Revenue: 1.9B Q1 '22 — Operating Cash Flow: 161M Q1 '22 — Free Cash Flow: 141M Q1 '22 — Net Income: 149M Q2 '22 — Revenue: 2B Q2 '22 — Operating Cash Flow: 263M Q2 '22 — Free Cash Flow: 233M Q2 '22 — Net Income: 166M Q3 '22 — Revenue: 2.1B Q3 '22 — Operating Cash Flow: 204M Q3 '22 — Free Cash Flow: 172M Q3 '22 — Net Income: 160M Q4 '22 — Revenue: 2.3B Q4 '22 — Operating Cash Flow: 410M Q4 '22 — Free Cash Flow: 343M Q4 '22 — Net Income: 158M Q1 '23 — Revenue: 2.2B Q1 '23 — Operating Cash Flow: -25M Q1 '23 — Free Cash Flow: -57M Q1 '23 — Net Income: 169M Q2 '23 — Revenue: 2.4B Q2 '23 — Operating Cash Flow: 115M Q2 '23 — Free Cash Flow: 77M Q2 '23 — Net Income: 191M Q3 '23 — Revenue: 2.5B Q3 '23 — Operating Cash Flow: 425M Q3 '23 — Free Cash Flow: 386M Q3 '23 — Net Income: 240M Q4 '23 — Revenue: 2.5B Q4 '23 — Operating Cash Flow: 686M Q4 '23 — Free Cash Flow: 609M Q4 '23 — Net Income: 215M Q1 '24 — Revenue: 2.5B Q1 '24 — Operating Cash Flow: 334M Q1 '24 — Free Cash Flow: 303M Q1 '24 — Net Income: 272M Q2 '24 — Revenue: 2.6B Q2 '24 — Operating Cash Flow: 235M Q2 '24 — Free Cash Flow: 189M Q2 '24 — Net Income: 289M Q3 '24 — Revenue: 2.7B Q3 '24 — Operating Cash Flow: 542M Q3 '24 — Free Cash Flow: 496M Q3 '24 — Net Income: 283M Q4 '24 — Revenue: 2.6B Q4 '24 — Operating Cash Flow: 723M Q4 '24 — Free Cash Flow: 639M Q4 '24 — Net Income: 212M Q1 '25 — Revenue: 2.6B Q1 '25 — Operating Cash Flow: 191M Q1 '25 — Free Cash Flow: 147M Q1 '25 — Net Income: 322M Q2 '25 — Revenue: 2.7B Q2 '25 — Operating Cash Flow: 209M Q2 '25 — Free Cash Flow: 170M Q2 '25 — Net Income: 336M Q3 '25 — Revenue: 2.9B Q3 '25 — Operating Cash Flow: 367M Q3 '25 — Free Cash Flow: 312M Q3 '25 — Net Income: 310M Q4 '25 — Revenue: 3B Q4 '25 — Operating Cash Flow: 992M Q4 '25 — Free Cash Flow: 870M Q4 '25 — Net Income: 202M Q1 '26 — Revenue: 3B Q1 '26 — Operating Cash Flow: 199M Q1 '26 — Free Cash Flow: 153M Q1 '26 — Net Income: 362M Q2 '26 — Revenue: 3.2B Q2 '26 — Operating Cash Flow: 441M Q2 '26 — Free Cash Flow: 379M Q2 '26 — Net Income: 395M 0 700M 1.4B 2.1B 2.8B 3.5B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.7
SBC / sales 0.78%
OE margin 13.5%
Oper. margin 16.4%
ROIC 8.3%
Accruals -3.2%
FCF margin 14.3%
ROA 5.5%
Gross margin 35.0%
OCF margin 16.7%
ROCE 11.1%
ROE 11.3%
OCF / EBIT 1.0×

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

6.1
RPO / sales 0.073×
RPO growth 5.8%
Segment HHI 0.51 HHI

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.3
ND/EBITDA —
Payout 15.1%
Debt / Eq 0.73×
Debt payback 4.4 yr
F-score 5.0 pts
Net debt / Eq 0.67×
Cash / Debt 0.081×
Quick ratio 0.59×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.6
Sales/sh Y/Y +15.9%
Div. growth +23.6%
EPS CAGR 4Y +23.2%
EBIT CAGR +20.9%
Sales Q/Q +17.5%
EBIT Y/Y +14.7%
EPS Y/Y +12.4%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.