Stocks · Industrials · Railroads
Westinghouse Air Brake Technologies Corporation WAB
$287.54 -0.10% Close, Oct 2, 2026 · NYSE · Market cap $48.57B
Strong growthStrong trendLow risk
Next earnings report: Oct 21, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 38.6× trailing earnings, higher than 95% of the company's own readings over the past five years.
- The stock is in an uptrend: above its 200-day average for 237 trading days, with the 50-day average above the 200-day.
- Earnings beat analyst estimates in each of the last 4 quarters (average surprise over the last four: +4.2%).
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth80Strong
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 32%
- EPS growth (TTM, YoY)Top 48%
- FCF growth (TTM, YoY)Top 37%
- Revenue growth, 3-year CAGRTop 29%
- Revenue growth accelerationTop 27%
Quality67Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 38%
- Gross marginTop 37%
- Operating marginTop 19%
- Cash conversion (OCF / net income)Top 45%
- Accruals (lower is better)Bottom 40%
- Net debt / EBITDA (lower is better)Bottom 40%
- Interest coverTop 32%
Value24Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 49%
- Free-cash-flow yieldTop 43%
- EBITDA / enterprise valueBottom 38%
- Sales / enterprise valueBottom 21%
- P/E vs own 5-year history (lower is better)Bottom 6%
Momentum82Strong
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 22%
- 6-month returnTop 36%
- 1-year return vs S&P 500Top 22%
- Distance from 52-week highTop 9%
- Trend checklist (0–4)Top 27%
Revisions48Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 46%
- Consecutive EPS beatsTop 28%
- Share of analysts rating BuyTop 45%
- Upside to consensus price targetBottom 23%
Stability80Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 18%
- Maximum drawdown, 3 yearsTop 5%
- Beta vs S&P 500 (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Bottom 40%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 9.6% | 13.4% | ↑ |
| EPS growth (YoY) | 10.8% | 11.0% | ↑ |
| Gross margin | 33.3% | 34.3% | ↑ |
| Operating margin | 16.2% | 16.5% | ↑ |
| FCF margin | 13.7% | 15.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 13.4% | 9.6% | ↑ | Top 32% |
| EPS growth (TTM, YoY) | 11.0% | 10.8% | ↑ | Top 48% |
| Gross margin | 34.3% | 33.3% | ↑ | Top 37% |
| Operating margin | 16.5% | 16.2% | ↑ | Top 19% |
| Net margin | 10.6% | 10.9% | ↓ | — |
| Free-cash-flow margin | 15.5% | 13.7% | ↑ | — |
| Return on invested capital | 7.6% | — | Top 38% | |
| Revenue growth, 3-year CAGR | 10.1% | — | Top 29% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.58×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -4.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.56×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 7.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.40%
- Net buyback yield (TTM)
- 0.79%
- Shareholder yield
- 1.19%
- Share count change, 1 year
- -0.6%
- Share count change, 3-year CAGR
- -1.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 22, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +4.2%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $326.50
- Target vs current price
- +13.5%
- Analysts with a rating
- 34
- Share rating Buy or Strong Buy
- 62%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 22, 2026 | +6.2% | +10.0% | +16.0% | +11.8% | — |
| Apr 22, 2026 | +8.0% | +1.5% | +2.2% | -0.9% | +1.7% |
| Feb 11, 2026 | +1.0% | +3.2% | +5.2% | -0.2% | +7.8% |
| Oct 22, 2025 | +1.8% | -2.3% | -0.0% | -0.2% | +16.0% |
| Jul 24, 2025 | -9.7% | -6.4% | -11.1% | -10.0% | -9.7% |
| Apr 23, 2025 | +12.3% | +5.9% | +7.3% | +19.2% | +23.4% |
| Feb 12, 2025 | -3.4% | -9.1% | -7.1% | -15.4% | -7.9% |
| Oct 23, 2024 | +5.3% | -1.2% | +0.2% | +3.4% | +8.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 22, 2026 | $2.76 | $2.60 | +6.2% | $3.18B |
| Apr 22, 2026 | $2.71 | $2.51 | +8.0% | $2.95B |
| Feb 11, 2026 | $2.10 | $2.08 | +1.0% | $2.96B |
| Oct 22, 2025 | $2.32 | $2.28 | +1.8% | $2.89B |
| Jul 24, 2025 | $1.96 | $2.17 | -9.7% | $2.71B |
| Apr 23, 2025 | $2.28 | $2.03 | +12.3% | $2.61B |
| Feb 12, 2025 | $1.68 | $1.74 | -3.4% | $2.58B |
| Oct 23, 2024 | $2.00 | $1.90 | +5.3% | $2.66B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 38.6× | 30.4× | 95th | Bottom 49% |
| P/E (forward) | 26.5× | — | — | — |
| EV / EBITDA | 22.4× | — | — | Bottom 38% |
| EV / Sales | 4.58× | — | — | Bottom 21% |
| Free-cash-flow yield | 3.81% | — | — | Top 43% |
| Earnings yield | 2.59% | — | — | Bottom 49% |
P/E over the past five years
Range 24.7× – 39.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +44.8%
- Earnings per share growth (TTM)
- +11.0%
- Change in P/E multiple
- +30.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 237
- 50-day average slope (20 days)
- +2.5%
- 200-day average slope (20 days)
- +3.0%
- Distance from 50-day average
- -1.0%
- Distance from 200-day average
- +10.0%
- RSI (14)
- 51.1
- Relative volume
- 1.18×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 28.6%
- Volatility vs own 5-year history
- 68th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.97
- Correlation with S&P 500
- 0.56
- Current drawdown from 1-year high
- -6.0%
- Maximum drawdown, 3 years
- -23.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 30, 2025 | Apr 8, 2025 | -23.6% | 47 days | 58 days (Jul 2, 2025) |
| Mar 29, 2022 | Jul 14, 2022 | -19.1% | 73 days | 84 days (Nov 10, 2022) |
| Aug 1, 2023 | Oct 23, 2023 | -17.2% | 58 days | 28 days (Dec 1, 2023) |
| Jan 14, 2021 | Feb 18, 2021 | -13.9% | 23 days | 44 days (Apr 22, 2021) |
| Mar 3, 2023 | May 31, 2023 | -13.7% | 61 days | 20 days (Jun 29, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $48.57B
- P/E (TTM)
- 38.6
- EPS, diluted (TTM)
- $7.44
- Revenue (TTM)
- $11.98B
- Dividend yield
- 0.41%
- 52-week range
- $186.06 – $306.64
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $7.82B | $8.36B | $9.68B | $10.39B | $11.17B |
| Gross profit | $2.37B | $2.54B | $2.94B | $3.37B | $3.52B |
| Operating income | $876.0M | $1.01B | $1.27B | $1.61B | $1.87B |
| Net income | $558.0M | $633.0M | $815.0M | $1.06B | $1.17B |
| EPS (diluted) | $2.96 | $3.46 | $4.54 | $6.04 | $6.83 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.66B | $2.58B | $2.61B | $2.71B | $2.89B | $2.96B | $2.95B | $3.18B |
| Net income | $283.0M | $212.0M | $322.0M | $336.0M | $310.0M | $202.0M | $362.0M | $395.0M |
| EPS (diluted) | $1.63 | $1.23 | $1.88 | $1.96 | $1.81 | $1.18 | $2.12 | $2.33 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.07B | $1.04B | $1.20B | $1.83B | $1.76B |
| Capital expenditure | -$130.0M | -$149.0M | -$186.0M | -$207.0M | -$260.0M |
| Free cash flow | $943.0M | $889.0M | $1.01B | $1.63B | $1.50B |
| Dividends paid | -$92.0M | -$111.0M | -$123.0M | -$140.0M | -$173.0M |
| Net share buybacks | -$300.0M | -$473.0M | -$409.0M | -$1.10B | -$223.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $670.0M
- Total assets
- $23.13B
- Total liabilities
- $11.88B
- Total debt
- $6.94B
- Net debt
- $6.27B
- Shareholders’ equity
- $11.24B
As of Jun 30, 2026 (filed Jul 22, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 18, 2026 | $0.31 | Sep 1, 2026 |
| May 22, 2026 | $0.31 | Jun 3, 2026 |
| Feb 17, 2026 | $0.31 | Mar 2, 2026 |
| Nov 12, 2025 | $0.25 | Nov 26, 2025 |
| Aug 14, 2025 | $0.25 | Aug 28, 2025 |
| May 27, 2025 | $0.25 | Jun 10, 2025 |
| Feb 21, 2025 | $0.25 | Mar 7, 2025 |
| Nov 13, 2024 | $0.20 | Nov 27, 2024 |
Short interest
- Shares sold short
- 3,634,070
- Days to cover
- 5.13
- Change vs previous report
- +9.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 12, 2013
- 2-for-1