# Westinghouse Air Brake Technologies share price today (Westinghouse Air Brake Technologies Corporation, WAB)

> Westinghouse Air Brake Technologies Corporation's share price has risen faster than its earnings: +42.9% in a year, against +13.1% for earnings per share. WAB · Industrials · Railroads · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/wab

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $294.80 (+42.9% in a year)
- P/E: 36.6× (higher than 90% of the last 4.6 years)
- Revenue (Sep 2026): $3.1 B (+8.1% on a year ago)
- Profit (Sep 2026): $409 M (+32.4% on a year ago)
- Operating margin: 20.2% (+1.7 points on a year ago)
- ROE: 10%, FY25
- ROIC: 9.6%, against a 8.6% cost of capital: +1.0 points

The main question: the share price moved +42.9% in a year while yearly earnings per share moved +13.1%. The difference came from the market paying a higher multiple. ## What is the Westinghouse Air Brake Technologies share price today? Westinghouse Air Brake Technologies Corporation's share price was $294.80 at the close on 4 November 2026. It has been rising for 56 weeks. That is 9.6% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. In the last 52 weeks it traded between $200 and $303, and at that close it sat 92% of the way up from that low. Over the last 10 years the share price moved +318% while the S&P 500 moved +261%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Westinghouse Air Brake Technologies pay? Westinghouse Air Brake Technologies Corporation paid $1.18 per share over the last four reported quarters. The most recent declaration was $0.31 for Sep 2026. At today's price of $294.80 that is a yield of 0.40%, based on dividends already paid, not a forecast. ## Which stock lists is Westinghouse Air Brake Technologies on? Westinghouse Air Brake Technologies is on one of our US lists: S&P 500 companies. [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks)

## Is Westinghouse Air Brake Technologies profitable? Westinghouse Air Brake Technologies Corporation earned $409 M of net profit in the Sep 2026 quarter, +32.4% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $1.2 B. Over 4 years profit has grown 20.3% a year on average. That is 13.1% of the quarter's revenue. The same quarter a year earlier earned $309 M. For the full year, FY25 profit was $1.2 B (+10.8% on the year before). Why profit moved: revenue changed +8.1% on a year earlier and the margin moved +1.7 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +14.6% and revenue +13.3%. Profit and revenue are moving at about the same pace. ## How much revenue does Westinghouse Air Brake Technologies make, and is it growing? Westinghouse Air Brake Technologies Corporation reported $3.1 B of revenue in the Sep 2026 quarter, +8.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 9.3% a year on average. The last full year, FY25, came in at $11.2 B. The last four reported quarters add to $12.2 B. FY25 revenue was $11.2 B, +7.5% on the year before. Recent pace: the last four quarters grew +13.3% on average, against 9.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +13.2%, against +8.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +16.2%, against +13.8% a year (stabilising). ## How much of every $100 of sales does Westinghouse Air Brake Technologies keep? Westinghouse Air Brake Technologies Corporation's operating margin was 20.2% in the Sep 2026 quarter, 1.7 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 11.3% and 17.7%. The latest quarter is above every full year in that period. Across 5 years it has been between 11.3% and 17.7%, and FY25's 17.7% is the highest of them. Why the margin moved: operating margin changed +1.7 percentage points on the year while gross margin changed +1.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Westinghouse Air Brake Technologies' profit turning into cash? Over the last 3 years, 158% of Westinghouse Air Brake Technologies Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $1.8 B of operating cash against $1.2 B of profit. After $260 M of spending on assets, $1.5 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Westinghouse Air Brake Technologies' cash go? Westinghouse Air Brake Technologies Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $653 M on assets over the last 3 years. Averaged over those years that is 1.9% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $653 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Westinghouse Air Brake Technologies' P/E ratio, and how does it compare with its own history? Westinghouse Air Brake Technologies Corporation's P/E is 36.6×, near the high end of its own history: higher than 90% of past readings. Its usual P/E (the middle reading) is 29.9×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +13.1% while the price moved +42.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +38.4% a year; about +24.3% a year came from earnings growth and about +14.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Westinghouse Air Brake Technologies business getting better or worse? Westinghouse Air Brake Technologies Corporation's business is giving mixed signals. Growth has been steadily positive, but ROCE at 12.8% is below the 15% level needed to call it steady growth. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Westinghouse Air Brake Technologies earn on its capital? Westinghouse Air Brake Technologies Corporation earned a ROE of 10% in FY25. That is up from a low of 5% in FY21. Its return on capital used (ROIC) is 1.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.5% net margin and 0.51× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 10.5% net margin × 0.51× asset turnover × 1.97× leverage (assets divided by equity) ≈ 10.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 9.6% − 8.6% = +1.0 percentage points. The 8.6% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Westinghouse Air Brake Technologies have too much debt? Westinghouse Air Brake Technologies Corporation has total debt of $6.8 B against shareholder equity of $11.4 B as of Sep 2026, so its debt is 0.60× its equity. Year by year, that ratio went from 0.40 in FY21 to 0.53 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Westinghouse Air Brake Technologies shareholding pattern? 2.3% of Westinghouse Air Brake Technologies Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Westinghouse Air Brake Technologies from balance-sheet trouble? For Westinghouse Air Brake Technologies Corporation, the Z-score is 3.33. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.33 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Westinghouse Air Brake Technologies rank in its industry? 61.8 out of 100, rank 3 of 10 in Railroads, with 85% of the evidence available. Westinghouse Air Brake Technologies Corporation scores 61.8 out of 100 against the 10 companies it is compared with in Railroads, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 27.3 + 15.1 + 8.1 + 11.3 = 61.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Westinghouse Air Brake Technologies compared with? Westinghouse Air Brake Technologies ranks 3 of 10 Railroads companies on the 4-Factor Sector Score, with 61.8 out of 100. 1. [CSX Corporation](https://www.sectoralpha.in/us/stocks/csx) CSX · turning · Most evidence points up · 85% evidence 73.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 5.8% · Profit 23.4% · Operating margin change 4.2 points · 95% evidence Capital efficiency 17.4/25 · ROCE 13.5% · Operating margin 39.3% · 76% evidence Valuation 13.6/20 · P/E 24.1× · PEG 0.94 · 65% evidence Relative strength 16.4/20 · Lead over its industry 12.7% · Lead over S&P 500 11.4% · 1 year 47.4% · 100% evidence · 2 of 12 weeks ahead Exact sum: 26.3 + 17.4 + 13.6 + 16.4 = 73.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Union Pacific Corporation](https://www.sectoralpha.in/us/stocks/unp) UNP · turning · Evidence leans up · 85% evidence 64.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/35 · Revenue 7.4% · Profit 8% · Operating margin change -0.4 points · 95% evidence Capital efficiency 19.5/25 · ROCE 16% · Operating margin 41.3% · 76% evidence Valuation 8.0/20 · P/E 21.2× · PEG 2.35 · 65% evidence Relative strength 17.1/20 · Lead over its industry 10.9% · Lead over S&P 500 9.7% · 1 year 39.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 19.9 + 19.5 + 8 + 17.1 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Westinghouse Air Brake Technologies Corporation this page WAB · losing its lead · Evidence leans up · 85% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 13.3% · Profit 16.2% · Operating margin change 1.7 points · 95% evidence Capital efficiency 15.1/25 · ROCE 12.7% · Operating margin 20.2% · 76% evidence Valuation 8.1/20 · P/E 35.5× · PEG 2.07 · 65% evidence Relative strength 11.3/20 · Lead over its industry 8.6% · Lead over S&P 500 7.4% · 1 year 42.9% · 100% evidence · 5 of 12 weeks ahead Exact sum: 27.3 + 15.1 + 8.1 + 11.3 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [L.B. Foster Company](https://www.sectoralpha.in/us/stocks/fstr) FSTR · turning · Evidence leans up · 71% evidence 52.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 10.1% · Profit -73% · Operating margin change 0 points · 83% evidence Capital efficiency 9.1/25 · ROCE 11.5% · Operating margin 6.3% · 76% evidence Valuation 8.5/20 · P/E 41.5× · PEG n/a · 15% evidence Relative strength 16.0/20 · Lead over its industry 15.6% · Lead over S&P 500 14.1% · 1 year 53.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.8 + 9.1 + 8.5 + 16 = 52.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Canadian National Railway Company](https://www.sectoralpha.in/us/stocks/cni) CNI · turning · Evidence leans up · 81% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 3.6% · Profit 4.8% · Operating margin change -1 points · 83% evidence Capital efficiency 16.2/25 · ROCE 12.7% · Operating margin 40.3% · 76% evidence Valuation 5.3/20 · P/E 21.5× · PEG 2.95 · 65% evidence Relative strength 15.0/20 · Lead over its industry 8.9% · Lead over S&P 500 7.7% · 1 year 35.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 14.8 + 16.2 + 5.3 + 15 = 51.3 · What this means: Relative strength against the index is 7.7%, and revenue and profit growth are weak. 6. [Norfolk Southern Corporation](https://www.sectoralpha.in/us/stocks/nsc) NSC · turning · Evidence leans down · 85% evidence 46.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 6% · Profit -9.4% · Operating margin change -1.2 points · 95% evidence Capital efficiency 12.6/25 · ROCE 10.3% · Operating margin 35.4% · 76% evidence Valuation 7.9/20 · P/E 25.9× · PEG 2.21 · 65% evidence Relative strength 13.2/20 · Lead over its industry 4.8% · Lead over S&P 500 3.8% · 1 year 21.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 13.2 + 12.6 + 7.9 + 13.2 = 46.9 · What this means: Relative strength against the index is 3.8%, and revenue and profit growth are weak. 7. [Trinity Industries, Inc.](https://www.sectoralpha.in/us/stocks/trn) TRN · turning · Evidence leans down · 81% evidence 45.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.7/35 · Revenue -18.9% · Profit 100% · Operating margin change -4.5 points · 83% evidence Capital efficiency 8.3/25 · ROCE 4.1% · Operating margin 12.1% · 76% evidence Valuation 12.2/20 · P/E 8.1× · PEG 1.65 · 65% evidence Relative strength 9.6/20 · Lead over its industry -1.3% · Lead over S&P 500 -2.7% · 1 year 24.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 15.7 + 8.3 + 12.2 + 9.6 = 45.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Canadian Pacific Kansas City Limited](https://www.sectoralpha.in/us/stocks/cp) CP · turning · Evidence leans down · 81% evidence 44.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue 3.6% · Profit -7.5% · Operating margin change -0.7 points · 83% evidence Capital efficiency 10.6/25 · ROCE 7.4% · Operating margin 39% · 76% evidence Valuation 5.1/20 · P/E 28.2× · PEG 2.83 · 65% evidence Relative strength 13.6/20 · Lead over its industry 6.9% · Lead over S&P 500 5.8% · 1 year 33.2% · 100% evidence · 1 of 12 weeks ahead Exact sum: 15.1 + 10.6 + 5.1 + 13.6 = 44.4 · What this means: Relative strength against the index is 5.8%, and revenue and profit growth are weak. 9. [The Greenbrier Companies, Inc.](https://www.sectoralpha.in/us/stocks/gbx) GBX · basing · Most evidence points down · 81% evidence 29.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.1/35 · Revenue -25.6% · Profit -53.3% · Operating margin change -5.7 points · 83% evidence Capital efficiency 5.0/25 · ROCE 4% · Operating margin 4.5% · 76% evidence Valuation 15.8/20 · P/E 13.6× · PEG 0.26 · 65% evidence Relative strength 3.9/20 · Lead over its industry -12.7% · Lead over S&P 500 -13.8% · 1 year 2.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 5.1 + 5 + 15.8 + 3.9 = 29.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. FreightCar America, Inc. RAIL · quiet · Most evidence points down · 64% evidence 25.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.1/35 · Revenue -0.4% · Profit n/a · Operating margin change -10.3 points · 62% evidence Capital efficiency 5.7/25 · ROCE 8.8% · Operating margin -3.8% · 76% evidence Valuation 11.5/20 · P/E 5.3× · PEG n/a · 15% evidence Relative strength 0.0/20 · Lead over its industry -54.3% · Lead over S&P 500 -55% · 1 year -50.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 8.1 + 5.7 + 11.5 + 0 = 25.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Railroads](https://www.sectoralpha.in/us/sectors/railroads), all 10 compared on one page. ## Which companies are close to Westinghouse Air Brake Technologies in size? Westinghouse Air Brake Technologies is the 6th largest of 10 Railroads companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Canadian Pacific Kansas City, Canadian National Railway Company and Norfolk Southern Corporation. Just below it: Trinity Industries, Inc., The Greenbrier Companies, Inc. and L.B. Foster Company. ### Railroads companies close in size

1. [Canadian Pacific Kansas City Limited](https://www.sectoralpha.in/us/stocks/cp) $82 billion
2. [Canadian National Railway Company](https://www.sectoralpha.in/us/stocks/cni) $77.5 billion
3. [Norfolk Southern Corporation](https://www.sectoralpha.in/us/stocks/nsc) $77.3 billion
4. Westinghouse Air Brake Technologies Corporation $49.5 billion
5. [Trinity Industries, Inc.](https://www.sectoralpha.in/us/stocks/trn) $2.5 billion
6. [The Greenbrier Companies, Inc.](https://www.sectoralpha.in/us/stocks/gbx) $1.4 billion
7. [L.B. Foster Company](https://www.sectoralpha.in/us/stocks/fstr) $438 million

[All 10 Railroads companies, largest first](https://www.sectoralpha.in/us/sectors/railroads#all-companies)

### Companies close in size in other industries

1. [Agilent Technologies, Inc.](https://www.sectoralpha.in/us/stocks/a) $49.9 billion · Diagnostics & Research
2. [Baker Hughes Company](https://www.sectoralpha.in/us/stocks/bkr) $49.5 billion · Oil & Gas Equipment & Services
3. Westinghouse Air Brake Technologies Corporation $49.5 billion
4. [Fifth Third Bancorp](https://www.sectoralpha.in/us/stocks/fitb) $49.5 billion · Banks - Regional
5. [Equity Residential](https://www.sectoralpha.in/us/stocks/eqr) $49.4 billion · REIT - Residential

## What else do people ask about Westinghouse Air Brake Technologies? ### What were Westinghouse Air Brake Technologies's latest quarterly results? Westinghouse Air Brake Technologies Corporation reported revenue of $3.1 B and net profit of $409 M for the Sep 2026 quarter. Revenue rose 8.1% and profit rose 32.4% compared with a year earlier. Earnings per share were $2.42 (as of 4 November 2026). ### What is Westinghouse Air Brake Technologies's market cap? Westinghouse Air Brake Technologies Corporation's market capitalisation is $49.5 B at a stock price of $294.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Westinghouse Air Brake Technologies performing? Westinghouse Air Brake Technologies Corporation's share price has been rising for 56 weeks. In its latest quarter, revenue rose 8.1% and profit rose 32.4% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 4 November 2026). ### Will Westinghouse Air Brake Technologies's stock price go up? This page does not forecast Westinghouse Air Brake Technologies Corporation's stock price. What it shows instead: the stock price is $294.80, and it has been rising for 56 weeks. Its P/E of 36.6× is higher than 90% of its own last 5 years (as of 4 November 2026). ### Where is Westinghouse Air Brake Technologies in its business cycle? Westinghouse Air Brake Technologies Corporation's FY25 operating margin was 17.7%, against a 5-year range of 11.3% to 17.7%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 20.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Westinghouse Air Brake Technologies story? The main question: the share price moved +42.9% in a year while yearly earnings per share moved +13.1%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Westinghouse Air Brake Technologies a stock worth studying right now? What the numbers show: Westinghouse Air Brake Technologies Corporation's share price has risen faster than its earnings: +42.9% in a year, against +13.1% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- S&P 500 companies: https://www.sectoralpha.in/sp-500-stocks

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