(WAB) Westinghouse Air Brake - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US9297401088
Stock: Locomotives, Braking Systems, Electronics, Services
Total Rating 60
Risk 70
Buy Signal -0.45
| Risk 5d forecast | |
|---|---|
| Volatility | 26.5% |
| Relative Tail Risk | -8.04% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.30 |
| Alpha | 17.37 |
| Character TTM | |
|---|---|
| Beta | 1.133 |
| Beta Downside | 1.039 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.55% |
| CAGR/Max DD | 1.52 |
EPS (Earnings per Share)
Revenue
Description: WAB Westinghouse Air Brake March 04, 2026
Westinghouse Air Brake Technologies Corporation (WAB) supplies equipment and services to the freight rail and passenger transit sectors globally. The company operates through two segments: Freight and Transit.
WABs product offerings include locomotives, propulsion systems, and marine and mining products. The company also provides advanced rail technology such as positive train control and electronic braking systems. The rail industry relies on such technologies for safety and efficiency.
Services offered by WAB encompass locomotive overhauls, maintenance, and long-term parts arrangements. The company also provides digital solutions, including industrial IoT hardware, software, and analytics, which are becoming increasingly important for operational optimization in transportation.
Additionally, WAB manufactures components like freight car trucks, braking equipment, HVAC systems, and pantographs. The companys business model includes both original equipment manufacturing and aftermarket services, which typically provides more stable revenue streams.
To deepen your understanding of WABs market position and financial health, further research on ValueRay is recommended.
Headlines to watch out for
- Global freight rail traffic directly impacts demand for WAB products and services
- Transit infrastructure spending drives demand for new equipment and maintenance
- Raw material cost fluctuations affect manufacturing profitability
- Regulatory changes in rail safety and emissions create new product opportunities
- Locomotive modernization cycles influence aftermarket parts and service revenue
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 1.17b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -1.28 > 1.0 |
| NWC/Revenue: 4.87% < 20% (prev 11.08%; Δ -6.21% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.76b > Net Income 1.17b |
| Net Debt (5.46b) to EBITDA (2.33b): 2.34 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (171.0m) vs 12m ago -0.58% < -2% |
| Gross Margin: 33.39% > 18% (prev 0.32%; Δ 3.31k % > 0.5%) |
| Asset Turnover: 54.78% > 50% (prev 55.54%; Δ -0.76% > 0%) |
| Interest Coverage Ratio: 8.14 > 6 (EBITDA TTM 2.33b / Interest Expense TTM 225.0m) |
Altman Z'' 1.65
| A: 0.02 (Total Current Assets 5.69b - Total Current Liabilities 5.15b) / Total Assets 22.07b |
| B: 0.18 (Retained Earnings 3.88b / Total Assets 22.07b) |
| C: 0.09 (EBIT TTM 1.83b / Avg Total Assets 20.39b) |
| D: 0.30 (Book Value of Equity 3.26b / Total Liabilities 10.88b) |
| Altman-Z'' Score: 1.65 = BB |
Beneish M -2.99
| DSRI: 1.04 (Receivables 1.90b/1.70b, Revenue 11.17b/10.39b) |
| GMI: 0.97 (GM 33.39% / 32.41%) |
| AQI: 1.02 (AQ_t 0.67 / AQ_t-1 0.66) |
| SGI: 1.08 (Revenue 11.17b / 10.39b) |
| TATA: -0.03 (NI 1.17b - CFO 1.76b) / TA 22.07b) |
| Beneish M-Score: -2.99 (Cap -4..+1) = A |
What is the price of WAB shares?
As of March 12, 2026, the stock is trading at USD 246.75 with a total of 650,239 shares traded.
Over the past week, the price has changed by -5.68%, over one month by -3.20%, over three months by +13.09% and over the past year by +40.51%.
Over the past week, the price has changed by -5.68%, over one month by -3.20%, over three months by +13.09% and over the past year by +40.51%.
Is WAB a buy, sell or hold?
Westinghouse Air Brake has received a consensus analysts rating of 4.08.
Therefore, it is recommended to buy WAB.
- StrongBuy: 6
- Buy: 1
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the WAB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 289.8 | 17.4% |
| Analysts Target Price | 289.8 | 17.4% |
WAB Fundamental Data Overview March 12, 2026
P/E Trailing = 36.1274
P/E Forward = 23.753
P/S = 3.7775
P/B = 3.7801
P/EG = 1.368
Revenue TTM = 11.17b USD
EBIT TTM = 1.83b USD
EBITDA TTM = 2.33b USD
Long Term Debt = 4.29b USD (from longTermDebt, last quarter)
Short Term Debt = 1.33b USD (from shortTermDebt, last quarter)
Debt = 6.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.46b USD (from netDebt column, last quarter)
Enterprise Value = 47.64b USD (42.18b + Debt 6.25b - CCE 789.0m)
Interest Coverage Ratio = 8.14 (Ebit TTM 1.83b / Interest Expense TTM 225.0m)
EV/FCF = 29.10x (Enterprise Value 47.64b / FCF TTM 1.64b)
FCF Yield = 3.44% (FCF TTM 1.64b / Enterprise Value 47.64b)
FCF Margin = 14.66% (FCF TTM 1.64b / Revenue TTM 11.17b)
Net Margin = 10.48% (Net Income TTM 1.17b / Revenue TTM 11.17b)
Gross Margin = 33.39% ((Revenue TTM 11.17b - Cost of Revenue TTM 7.44b) / Revenue TTM)
Gross Margin QoQ = 29.98% (prev 34.72%)
Tobins Q-Ratio = 2.16 (Enterprise Value 47.64b / Total Assets 22.07b)
Interest Expense / Debt = 1.09% (Interest Expense 68.0m / Debt 6.25b)
Taxrate = 29.90% (87.0m / 291.0m)
NOPAT = 1.28b (EBIT 1.83b * (1 - 29.90%))
Current Ratio = 1.11 (Total Current Assets 5.69b / Total Current Liabilities 5.15b)
Debt / Equity = 0.56 (Debt 6.25b / totalStockholderEquity, last quarter 11.19b)
Debt / EBITDA = 2.34 (Net Debt 5.46b / EBITDA 2.33b)
Debt / FCF = 3.33 (Net Debt 5.46b / FCF TTM 1.64b)
Total Stockholder Equity = 10.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.74% (Net Income 1.17b / Total Assets 22.07b)
RoE = 10.77% (Net Income TTM 1.17b / Total Stockholder Equity 10.86b)
RoCE = 12.08% (EBIT 1.83b / Capital Employed (Equity 10.86b + L.T.Debt 4.29b))
RoIC = 8.15% (NOPAT 1.28b / Invested Capital 15.74b)
WACC = 8.89% (E(42.18b)/V(48.43b) * Re(10.09%) + D(6.25b)/V(48.43b) * Rd(1.09%) * (1-Tc(0.30)))
Discount Rate = 10.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.21%
[DCF] Terminal Value 75.49% ; FCFF base≈1.63b ; Y1≈1.69b ; Y5≈1.93b
[DCF] Fair Price = 136.0 (EV 28.64b - Net Debt 5.46b = Equity 23.18b / Shares 170.5m; r=8.89% [WACC]; 5y FCF grow 3.80% → 2.90% )
EPS Correlation: 93.11 | EPS CAGR: 17.97% | SUE: 0.13 | # QB: 0
Revenue Correlation: 94.56 | Revenue CAGR: 12.18% | SUE: 1.78 | # QB: 1
EPS next Quarter (2026-06-30): EPS=2.62 | Chg7d=-0.002 | Chg30d=+0.021 | Revisions Net=+3 | Analysts=11
EPS current Year (2026-12-31): EPS=10.38 | Chg7d=+0.003 | Chg30d=+0.167 | Revisions Net=+7 | Growth EPS=+15.8% | Growth Revenue=+10.4%
EPS next Year (2027-12-31): EPS=11.82 | Chg7d=+0.030 | Chg30d=+0.277 | Revisions Net=+8 | Growth EPS=+13.8% | Growth Revenue=+6.0%
[Analyst] Revisions Ratio: +0.43 (5 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 7.3% (Discount Rate 10.1% - Earnings Yield 2.8%)
[Growth] Growth Spread = +6.5% (Analyst 13.8% - Implied 7.3%)
P/E Forward = 23.753
P/S = 3.7775
P/B = 3.7801
P/EG = 1.368
Revenue TTM = 11.17b USD
EBIT TTM = 1.83b USD
EBITDA TTM = 2.33b USD
Long Term Debt = 4.29b USD (from longTermDebt, last quarter)
Short Term Debt = 1.33b USD (from shortTermDebt, last quarter)
Debt = 6.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.46b USD (from netDebt column, last quarter)
Enterprise Value = 47.64b USD (42.18b + Debt 6.25b - CCE 789.0m)
Interest Coverage Ratio = 8.14 (Ebit TTM 1.83b / Interest Expense TTM 225.0m)
EV/FCF = 29.10x (Enterprise Value 47.64b / FCF TTM 1.64b)
FCF Yield = 3.44% (FCF TTM 1.64b / Enterprise Value 47.64b)
FCF Margin = 14.66% (FCF TTM 1.64b / Revenue TTM 11.17b)
Net Margin = 10.48% (Net Income TTM 1.17b / Revenue TTM 11.17b)
Gross Margin = 33.39% ((Revenue TTM 11.17b - Cost of Revenue TTM 7.44b) / Revenue TTM)
Gross Margin QoQ = 29.98% (prev 34.72%)
Tobins Q-Ratio = 2.16 (Enterprise Value 47.64b / Total Assets 22.07b)
Interest Expense / Debt = 1.09% (Interest Expense 68.0m / Debt 6.25b)
Taxrate = 29.90% (87.0m / 291.0m)
NOPAT = 1.28b (EBIT 1.83b * (1 - 29.90%))
Current Ratio = 1.11 (Total Current Assets 5.69b / Total Current Liabilities 5.15b)
Debt / Equity = 0.56 (Debt 6.25b / totalStockholderEquity, last quarter 11.19b)
Debt / EBITDA = 2.34 (Net Debt 5.46b / EBITDA 2.33b)
Debt / FCF = 3.33 (Net Debt 5.46b / FCF TTM 1.64b)
Total Stockholder Equity = 10.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.74% (Net Income 1.17b / Total Assets 22.07b)
RoE = 10.77% (Net Income TTM 1.17b / Total Stockholder Equity 10.86b)
RoCE = 12.08% (EBIT 1.83b / Capital Employed (Equity 10.86b + L.T.Debt 4.29b))
RoIC = 8.15% (NOPAT 1.28b / Invested Capital 15.74b)
WACC = 8.89% (E(42.18b)/V(48.43b) * Re(10.09%) + D(6.25b)/V(48.43b) * Rd(1.09%) * (1-Tc(0.30)))
Discount Rate = 10.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.21%
[DCF] Terminal Value 75.49% ; FCFF base≈1.63b ; Y1≈1.69b ; Y5≈1.93b
[DCF] Fair Price = 136.0 (EV 28.64b - Net Debt 5.46b = Equity 23.18b / Shares 170.5m; r=8.89% [WACC]; 5y FCF grow 3.80% → 2.90% )
EPS Correlation: 93.11 | EPS CAGR: 17.97% | SUE: 0.13 | # QB: 0
Revenue Correlation: 94.56 | Revenue CAGR: 12.18% | SUE: 1.78 | # QB: 1
EPS next Quarter (2026-06-30): EPS=2.62 | Chg7d=-0.002 | Chg30d=+0.021 | Revisions Net=+3 | Analysts=11
EPS current Year (2026-12-31): EPS=10.38 | Chg7d=+0.003 | Chg30d=+0.167 | Revisions Net=+7 | Growth EPS=+15.8% | Growth Revenue=+10.4%
EPS next Year (2027-12-31): EPS=11.82 | Chg7d=+0.030 | Chg30d=+0.277 | Revisions Net=+8 | Growth EPS=+13.8% | Growth Revenue=+6.0%
[Analyst] Revisions Ratio: +0.43 (5 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 7.3% (Discount Rate 10.1% - Earnings Yield 2.8%)
[Growth] Growth Spread = +6.5% (Analyst 13.8% - Implied 7.3%)