Wabtec/$WAB

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About Wabtec

Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.

Ticker

$WAB

Primary listing

NYSE

Employees

29,500

Wabtec Metrics

BasicAdvanced
$32B
28.35
$6.70
1.11
$0.95
0.53%

What the Analysts think about Wabtec

Analyst ratings (Buy, Hold, Sell) for Wabtec stock.

Bulls say / Bears say

In Q1 2025, Wabtec expanded its order pipeline by securing a $140 million locomotive order from a North American Class I railroad, $127 million in Asia-Pacific locomotive and service contracts, two transit platform door contracts worth $85 million, a $47 million brakes and couplers order, and a $299 million service contract in Kazakhstan, underscoring diversified demand across key end markets (SEC 10-Q).
After beating Q2 adjusted EPS estimates with $2.27 per share, Wabtec raised its full-year 2025 guidance to $8.55–$9.15 EPS and lifted revenue guidance by $200 million at the midpoint to $10.925–$11.225 billion, reflecting confidence in its operating leverage and recent acquisitions (Investing.com).
The strategic acquisition of Dellner Couplers for $960 million in March 2025 is expected to be immediately accretive to adjusted EBIT margins and EPS, while delivering $22 million of run-rate cost synergies over three years, bolstering Wabtec’s transit systems portfolio and ROIC profile (Rail Market).
Wabtec’s Freight segment sales were flat year-over-year in Q2 2025 at $1.919 billion, with locomotive deliveries delayed by a supplied-part issue, which may defer revenue to the second half of the year (Investing.com Q2 slides).
Operating cash flow conversion declined to 46% in Q2 2025 from 57% a year earlier due to higher inventories and timing of customer deposits, highlighting potential near-term cash cycle headwinds (Business Wire).
Wabtec’s total multi-year backlog was down 1.1% year-over-year and down 2.0% excluding foreign exchange at June 30, 2025, signaling a potential deceleration in long-term order activity (Business Wire).
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2025.

Wabtec Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Wabtec Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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