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 operating margin
Operating margin is operating income as a percentage of revenue.
Westinghouse Air Brake Technologies's operating margin for the twelve months ending Sep 30, 2026 was 17.2%. For fiscal 2025 it was 16.1%, against 15.5% the year before. The highest annual figure on record is 18.4% in fiscal 2015.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 16.1% | +0.6 |
| FY2024 | Dec 31, 2024 | 15.5% | +2.4 |
| FY2023 | Dec 31, 2023 | 13.1% | +1.0 |
| FY2022 | Dec 31, 2022 | 12.1% | +0.9 |
| FY2021 | Dec 31, 2021 | 11.2% | +1.3 |
| FY2020 | Dec 31, 2020 | 9.9% | +1.8 |
| FY2019 | Dec 31, 2019 | 8.1% | −2.8 |
| FY2018 | Dec 31, 2018 | 10.8% | +0.0 |
| FY2017 | Dec 31, 2017 | 10.8% | −4.7 |
| FY2016 | Dec 31, 2016 | 15.6% | −2.8 |
| FY2015 | Dec 31, 2015 | 18.4% | +1.1 |
| FY2014 | Dec 31, 2014 | 17.3% | +0.3 |
| FY2013 | Dec 31, 2013 | 17.0% | +0.6 |
| FY2012 | Dec 31, 2012 | 16.4% | +2.6 |
| FY2011 | Dec 31, 2011 | 13.8% | +0.3 |
| FY2010 | Dec 31, 2010 | 13.5% | +0.6 |
| FY2009 | Dec 31, 2009 | 12.8% | −0.7 |
| FY2008 | Dec 31, 2008 | 13.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 20.0% | +3.0 |
| Q2 FY2026 | Jun 30, 2026 | 18.9% | +1.4 |
| Q1 FY2026 | Mar 31, 2026 | 17.5% | −0.6 |
| Q4 FY2025 | Dec 31, 2025 | 12.0% | −0.9 |
| Q3 FY2025 | Sep 30, 2025 | 17.0% | +0.8 |
| Q2 FY2025 | Jun 30, 2025 | 17.4% | +1.2 |
| Q1 FY2025 | Mar 31, 2025 | 18.2% | +1.7 |
| Q4 FY2024 | Dec 31, 2024 | 12.9% | +0.7 |
| Q3 FY2024 | Sep 30, 2024 | 16.3% | +1.8 |
| Q2 FY2024 | Jun 30, 2024 | 16.3% | +3.3 |
| Q1 FY2024 | Mar 31, 2024 | 16.5% | +3.9 |
| Q4 FY2023 | Dec 31, 2023 | 12.2% | +1.5 |
| Q3 FY2023 | Sep 30, 2023 | 14.5% | +2.0 |
| Q2 FY2023 | Jun 30, 2023 | 13.0% | +0.1 |
| Q1 FY2023 | Mar 31, 2023 | 12.6% | +0.2 |
| Q4 FY2022 | Dec 31, 2022 | 10.7% | −2.0 |
| Q3 FY2022 | Sep 30, 2022 | 12.5% | +1.2 |
| Q2 FY2022 | Jun 30, 2022 | 12.9% | +2.8 |
| Q1 FY2022 | Mar 31, 2022 | 12.4% | +1.9 |
| Q4 FY2021 | Dec 31, 2021 | 12.7% | +4.7 |
| Q3 FY2021 | Sep 30, 2021 | 11.4% | +0.3 |
| Q2 FY2021 | Jun 30, 2021 | 10.1% | +0.9 |
| Q1 FY2021 | Mar 31, 2021 | 10.5% | −0.8 |
| Q4 FY2020 | Dec 31, 2020 | 8.0% | −1.6 |
| Q3 FY2020 | Sep 30, 2020 | 11.1% | +2.6 |
| Q2 FY2020 | Jun 30, 2020 | 9.2% | +0.2 |
| Q1 FY2020 | Mar 31, 2020 | 11.3% | +7.0 |
| Q4 FY2019 | Dec 31, 2019 | 9.5% | +1.2 |
| Q3 FY2019 | Sep 30, 2019 | 8.4% | −3.2 |
| Q2 FY2019 | Jun 30, 2019 | 9.0% | −2.1 |
| Q1 FY2019 | Mar 31, 2019 | 4.2% | −8.2 |
| Q4 FY2018 | Dec 31, 2018 | 8.4% | −0.2 |
| Q3 FY2018 | Sep 30, 2018 | 11.6% | +1.0 |
| Q2 FY2018 | Jun 30, 2018 | 11.1% | −1.1 |
| Q1 FY2018 | Mar 31, 2018 | 12.4% | −0.1 |
| Q4 FY2017 | Dec 31, 2017 | 8.5% | +0.2 |
| Q3 FY2017 | Sep 30, 2017 | 10.6% | – |
| Q2 FY2017 | Jun 30, 2017 | 12.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 12.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 8.3% | – |
See a number that looks wrong?