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WAB
Westinghouse Air Brake Technologies Corporation
$253.91
-2.12
(-0.83%)
| Exchange: | NYSE |
| Market Cap: | 43.408B |
| Shares Outstanding: | 80.286M |
About The Company
| Sector: | Industrials | |||||
| Industry: | Railroads | |||||
| CEO: | Rafael Ottoni Santana | |||||
| Full Time Employees: | 29500 | |||||
| Address: |
| |||||
| Website: | https://www.wabteccorp.com |
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 9,677,000 | 10,387,000 | 11,167,000 |
| Gross Profit | 2,944,000 | 3,366,000 | 3,515,000 |
| EBITDA | 1,787,000 | 2,070,000 | 2,370,000 |
| Operating Income | 1,266,000 | 1,609,000 | 1,869,000 |
| Net Income | 815,000 | 1,056,000 | 1,170,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 18,988,000 | 18,702,000 | 22,069,000 |
| Total Liabilities | 8,464,000 | 8,569,000 | 10,879,000 |
| Total Stockholders Equity | 10,487,000 | 10,091,000 | 11,142,000 |
| Total Debt | 4,069,000 | 3,980,000 | 5,541,000 |
| Cash and Cash Equivalents | 620,000 | 706,000 | 789,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 1,201,000 | 1,834,000 | 1,759,000 |
| Capital Expenditure | -186,000 | -207,000 | 0 |
| Free Cash Flow | 1,015,000 | 1,627,000 | 1,759,000 |
| Net Income | 825,000 | 1,067,000 | 1,183,000 |
| Net Change in Cash | 79,000 | 95,000 | 74,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 13,473,422.642 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 13,823,784.673 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 13,646,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 3,508,274.124 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 3,599,503.063 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 3,553,210.641 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 2,108,636.412 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 2,180,193.854 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 2,143,883.012 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 1,670,751.696 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,714,197.818 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 1,692,151.894 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 12.530 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 12.740 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 12.320 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 3 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: WAB reported strong revenue and net income growth in the Q3 2025 earnings call, surpassing analyst expectations. Key financial results highlighted improved operating income and EPS, reflecting operational efficiency and profitability, supported by consistent free cash flow generation as seen in cash flow statements.
- Solid Market Position: As part of the industrial sector and transportation industry, WAB benefits from a stable market cap and a competitive position, evidenced by its performance metrics (perf1y and perf5y) showing consistent growth relative to industry averages (industry_perf1y, industry_perf5y).
- Operational Resilience: The earnings call emphasized effective cost management and operational improvements, contributing to a healthy gross profit margin (grossProfitMarginTTM) and net profit margin (netProfitMarginTTM), positioning WAB favorably against sector peers.
- Strong Liquidity: Balance sheet data indicates a solid current ratio (currentRatioTTM) and quick ratio (quickRatioTTM), alongside significant cash and cash equivalents, providing financial flexibility for strategic initiatives and debt management.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates WAB intrinsic value between $136.96 – $150.83 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about WAB valuation
Is Westinghouse Air Brake Technologies Corporation (WAB) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Westinghouse Air Brake Technologies Corporation (WAB) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is WAB a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether WAB trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is WAB’s P/E ratio?
You can see WAB’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for WAB?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is WAB a good long-term investment?
Whether WAB fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
WAB
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Daily snapshot
-0.83
Trading Metrics:
| Open: | 250.18 | Previous Close: | 256.03 | |
| Day Low: | 246.88 | Day High: | 257.1 | |
| Year Low: | 151.81 | Year High: | 266.27 | |
| Price Avg 50: | 246.82 | Price Avg 200: | 214.37 | |
| Volume: | 842737 | Average Volume: | 949736 |
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Login — it's freeWAB full analysis
Welcome to MARKETSNAP’s SWOT analysis for Westinghouse Air Brake Technologies Corporation, also known as WAB for those tracking the ticker. If you’re a long-term investor looking to build wealth through smart stock picks, you’re in the right place. Today, we’re diving deep into this industrial giant, breaking down its strengths, weaknesses, opportunities, and threats, while sprinkling in some key insights to help you see the bigger picture. Let’s get started with a quick snapshot of who they are and what’s…
