Westinghouse Air Brake Technologies Corporation (WAB) is a Industrials stock trading at $262.10 (as of 2026-07-17), with a market capitalization of $44.47B and a trailing P/E of 33.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Westinghouse Air Brake Technologies Corporation supplies technology-based equipment, systems, and services for freight rail and passenger transit. It operates through two segments—Freight and Transit—providing components and engineering services for rail vehicles and associated electronics, and supporting passenger vehicle components, refurbishment, and related systems for transit agencies and rail industry customers.
Wabtec provides technology-based rail equipment, systems, and services for freight rail and passenger transit, and it makes money by manufacturing and servicing rail components, supplying railway electronics and positive train control equipment, rebuilding locomotives, and providing related engineering and cooling systems for transit and freight operators.
Wabtec's consolidated operating performance is structurally dominated by the Freight segment, since Freight generates most of the company's segment income from operations while Transit contributes much less.
| Freight | $2.1B |
| Transit | $0.8B |
Business quality (Mixed): Clear two-segment structure (Freight and Transit) with segment-level operating income metrics, but the Transit business is smaller, so consolidated results can be more sensitive to what happens in Freight.
Valuation: At 37× earnings, WAB trades 102% above the Shipbuilding & Railroad Equipment average (19×). Note: one-time items can distort reported P/E.
| Price | $262.10 |
| Market Cap | $44.47B |
| P/E Ratio | 33.2 |
| EV / EBITDA | 20.5 |
| Price / Book | 3.99 |
| Price / Sales | 3.99 |
| FCF Yield | 2.8% |
| DCF Value (model) | $63.43 |
| DCF Upside vs Price | -75.8% |
| Revenue (TTM) | $11.17B |
| Net Margin | 10.5% |
| Revenue Growth (YoY) | 14.8% |
| EPS Growth (YoY) | -4.0% |
| FCF Growth (YoY) | -100.0% |
| Altman Z-Score | 3.51 (safe) |
| Piotroski F-Score | 5/9 (moderate) |
| Stock P/E | 33.2 |
| Sector P/E (Industrials) | 28.7 |
| Industry P/E (Shipbuilding & Railroad Equipment) | 25.7 |
| vs Sector | 15.9% |
| vs Industry | 29.1% |
| Top Institutional Holder | FMR LLC ($4.93B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Industrials |
| Industry | Shipbuilding & Railroad Equipment |
| CEO | Rafael Ottoni Santana |
| Employees | 29,500 |
| Country | US |
| IPO Date | 1995-06-16 |
Data as of 2026-07-17.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.