Westinghouse Air Brake Technologies Corp (WAB) stock
WABNYSERailroad EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 21, 2026Score 17/3069% above fair value
$297.96−2.55 (-0.85%)
Close on Nov 13, 2026Market cap $50.00BP/E 37.0Yield 0.34%
Westinghouse Air Brake Technologies gross margin
Gross margin is gross profit as a percentage of revenue.
Westinghouse Air Brake Technologies's gross margin for the twelve months ending Sep 30, 2026 was 35.6%. For fiscal 2025 it was 34.1%, against 32.4% the year before. The highest annual figure on record is 34.1% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 34.1% | +1.7 |
| FY2024 | Dec 31, 2024 | 32.4% | +2.0 |
| FY2023 | Dec 31, 2023 | 30.4% | +0.0 |
| FY2022 | Dec 31, 2022 | 30.4% | +0.1 |
| FY2021 | Dec 31, 2021 | 30.3% | +2.0 |
| FY2020 | Dec 31, 2020 | 28.3% | +0.5 |
| FY2019 | Dec 31, 2019 | 27.8% | −0.5 |
| FY2018 | Dec 31, 2018 | 28.3% | +0.8 |
| FY2017 | Dec 31, 2017 | 27.4% | −4.1 |
| FY2016 | Dec 31, 2016 | 31.5% | −0.1 |
| FY2015 | Dec 31, 2015 | 31.7% | +0.9 |
| FY2014 | Dec 31, 2014 | 30.7% | +1.0 |
| FY2013 | Dec 31, 2013 | 29.8% | +0.7 |
| FY2012 | Dec 31, 2012 | 29.0% | +0.1 |
| FY2011 | Dec 31, 2011 | 29.0% | −0.8 |
| FY2010 | Dec 31, 2010 | 29.8% | +1.7 |
| FY2009 | Dec 31, 2009 | 28.1% | +0.9 |
| FY2008 | Dec 31, 2008 | 27.1% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 37.3% | +2.6 |
| Q2 FY2026 | Jun 30, 2026 | 36.5% | +1.9 |
| Q1 FY2026 | Mar 31, 2026 | 36.0% | +1.5 |
| Q4 FY2025 | Dec 31, 2025 | 32.6% | +1.7 |
| Q3 FY2025 | Sep 30, 2025 | 34.7% | +1.7 |
| Q2 FY2025 | Jun 30, 2025 | 34.7% | +1.6 |
| Q1 FY2025 | Mar 31, 2025 | 34.5% | +1.8 |
| Q4 FY2024 | Dec 31, 2024 | 30.9% | +0.6 |
| Q3 FY2024 | Sep 30, 2024 | 33.0% | +2.0 |
| Q2 FY2024 | Jun 30, 2024 | 33.1% | +3.0 |
| Q1 FY2024 | Mar 31, 2024 | 32.6% | +2.3 |
| Q4 FY2023 | Dec 31, 2023 | 30.2% | +2.0 |
| Q3 FY2023 | Sep 30, 2023 | 31.1% | −0.1 |
| Q2 FY2023 | Jun 30, 2023 | 30.0% | −1.5 |
| Q1 FY2023 | Mar 31, 2023 | 30.3% | −0.6 |
| Q4 FY2022 | Dec 31, 2022 | 28.3% | −3.2 |
| Q3 FY2022 | Sep 30, 2022 | 31.1% | −0.5 |
| Q2 FY2022 | Jun 30, 2022 | 31.5% | +2.7 |
| Q1 FY2022 | Mar 31, 2022 | 30.9% | +1.7 |
| Q4 FY2021 | Dec 31, 2021 | 31.5% | +6.5 |
| Q3 FY2021 | Sep 30, 2021 | 31.6% | +1.3 |
| Q2 FY2021 | Jun 30, 2021 | 28.8% | +0.8 |
| Q1 FY2021 | Mar 31, 2021 | 29.2% | −0.8 |
| Q4 FY2020 | Dec 31, 2020 | 25.0% | −3.5 |
| Q3 FY2020 | Sep 30, 2020 | 30.4% | +0.4 |
| Q2 FY2020 | Jun 30, 2020 | 28.0% | +0.5 |
| Q1 FY2020 | Mar 31, 2020 | 30.0% | +5.6 |
| Q4 FY2019 | Dec 31, 2019 | 28.5% | +1.9 |
| Q3 FY2019 | Sep 30, 2019 | 29.9% | +1.9 |
| Q2 FY2019 | Jun 30, 2019 | 27.5% | −1.7 |
| Q1 FY2019 | Mar 31, 2019 | 24.4% | −5.0 |
| Q4 FY2018 | Dec 31, 2018 | 26.6% | +1.6 |
| Q3 FY2018 | Sep 30, 2018 | 28.0% | +1.6 |
| Q2 FY2018 | Jun 30, 2018 | 29.1% | −0.2 |
| Q1 FY2018 | Mar 31, 2018 | 29.4% | −0.0 |
| Q4 FY2017 | Dec 31, 2017 | 25.0% | −3.9 |
| Q3 FY2017 | Sep 30, 2017 | 26.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 29.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 29.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 28.8% | – |
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