Wabtec

NYSE: WAB

Stock price

272.89 USD

(+195.33%) 5 years

Financial Performance

Share

5Y price score: 287

Help

The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 237.8%

DATE RANGE:

%

ㅤ

By default your notes are visible only to you.

193.8

52-week range

306.6

272.885

Your model inputs

Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

Help
FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

3.8 %

Dividend Yield TTM

0.4 %

Market cap $

$ 46,093

Price / Earnings TTM

Help
P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

33.9

Price / Book TTM

4

PEG TTM

Help
Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

2.6

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

41.6 %

199.2 %

237.8 %

Free cash flow per share growth

(14.1) %

157.7 %

113.1 %

Earnings per share growth

33.7 %

214.7 %

66.6 %

Founded: 1,999

Employees: 29,500

Business Summary:Westinghouse Air Brake Technologies Corporation (WAB) delivers a comprehensive suite of advanced technological solutions, equipment, and services tailored for the global freight railway and urban mass transit sectors. Its operations are bifurcated into two principal divisions: Freight and Transit. The Freight segment develops, produces, and maintains critical components for both newly manufactured and operational freight carriages and locomotives. This includes constructing brand-new commuter-focused locomotives, undertaking comprehensive rebuilding of freight locomotives, and delivering sophisticated railway electronic systems, positive train control (PTC) technology, signal design expertise, and related engineering provisions. This segment also furnishes essential heat exchange and cooling apparatus. Its clientele encompasses major publicly listed railway operators, equipment leasing firms, original equipment manufacturers (OEMs) of locomotives and freight cars, and various utility companies. The Transit segment is responsible for the production and upkeep of components utilized in both new and existing passenger conveyance systems, including regional and high-speed trains, subway cars, light-rail vehicles, and buses. This division also renovates subway cars and supplies HVAC (heating, ventilation, and air conditioning) systems, alongside doors for both buses and subways. This division caters to public transit agencies, municipal governments, leasing corporations, and manufacturers specializing in subway cars and buses. Beyond these core offerings, the company's extensive product portfolio further includes advanced electronically controlled pneumatic braking systems, various railway electronic devices, robust freight car undercarriages, crucial draft gears, couplers, and slack adjusters, as well as air compression and drying units. They also offer diverse heat exchange and cooling solutions, track and switch apparatus, and comprehensive railway braking components. WAB manufactures new switcher locomotives, friction products, and provides extensive overhaul, modernization, and refurbishment services for both transit and freight locomotives and cars. Additionally, their offerings extend to platform screen doors, pantographs, window assemblies, specialized couplers, accessibility lifts and ramps for public transport vehicles, and traction motors. Established in 1869, the company maintains its corporate headquarters in Pittsburgh, Pennsylvania.

Q&A

Get answers on financials, industry, fundamentals or other questions.

Contribute

By providing well-researched and detailed answer you increase your chance of becoming Top Contributor. TopFunds is free for all top contributors. Learn more

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q3 (Oct 21, 2026)

1) Strong Financial Performance - Wabtec reported Q3 2026 sales of $3.12 billion, an 8.1% increase YoY, with adjusted EPS rising 22% to $2.83. - Cash flow from operations was $455 million, indicating robust operational efficiency. - The backlog grew 8.8% YoY, with a multi-year backlog exceeding $31 billion, up 22.9%.

2) Market Dynamics and Segment Performance - North American carload traffic increased 3.5%, contributing to a positive outlook for locomotive demand. - The freight segment saw sales up 6.9%, with adjusted operating margin at 26.4%, while the transit segment grew 11.3% with an adjusted operating margin of 18.1%. - International orders remained strong, with $1 billion in locomotive and service orders secured, particularly in Africa and Brazil.

3) Operational Excellence and Margin Expansion - Wabtec achieved a GAAP operating margin of 20%, up 3% YoY, driven by operational excellence and favorable product mix. - Integration 3.0 and portfolio optimization initiatives contributed to margin improvements, with adjusted operating margin rising to 22.9%. - The company expects continued margin expansion into Q4, aided by reduced tariff impacts and improved operational efficiencies.

4) Strategic Outlook and Guidance - Wabtec raised its full-year adjusted EPS guidance to a range of $10.85-$11.05, reflecting strong demand and operational execution. - The company is well-positioned for growth, with a strong pipeline of opportunities in both freight and transit sectors. - There is optimism regarding fleet renewal in North America, which could drive future orders and revenue growth.

5) Challenges and Future Considerations - The North American railcar build forecast was reduced to approximately 23,000 cars, a 26% decline from the previous year, which may impact future revenue. - While backlog growth is strong, the company acknowledges the need for sustained carload growth to convert pipeline opportunities into orders. - The transcript did not provide detailed insights into specific customer behaviors or the timeline for expected order conversions.

Bottom line: Wabtec's strong Q3 performance, characterized by significant revenue growth and margin expansion, positions the company favorably for continued profitability and shareholder value enhancement, despite some headwinds in the railcar build outlook.

Annual Reports, Presentations And IR Contacts

Go to the website

Wabtec — Financial Overview, Stock Price, Market Cap

Wabtec is a company. Founded in 1999. As of October 23, 2026, the company's market capitalization is $46093237575 with a current stock price of $272.88.