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Westinghouse Air Brake Technologies Corp

wabteccorp.com

Westinghouse Air Brake Technologies Corp (NYSE: WAB), known as Wabtec, is a rail and transit equipment company that supplies locomotives, equipment, systems, and services to the global freight rail and passenger transit industries, as well as mining, marine, and industrial markets. Revenue comes from selling highly engineered products and technology-based solutions, along with aftermarket services and digital solutions, to freight railroads, passenger transit operators, and adjacent industrial customers. Wabtec's product portfolio spans most locomotives, freight cars, passenger transit cars, and buses worldwide. The company reached its current scale through two transformative acquisitions: Faiveley Transport and the 2019 acquisition of GE Transportation from General Electric, which added locomotives, mining equipment, and digital solutions. Wabtec's products are designed to improve safety, productivity, and maintenance economics for rail operators. The filing was made on 2026-02-13 for the fiscal year ended in FY2025.

Products & Services

Locomotives, freight rail equipment, passenger transit car components, bus components, digital solutions, mining equipment, marine equipment, stationary power equipment, drilling equipment, and aftermarket services. Products are designed to enhance safety, improve productivity, and reduce maintenance costs.

Revenue Model

Transactional and service-based revenue from sales of locomotives, rail equipment, and systems, combined with aftermarket services, parts, and digital solutions sold to freight railroads, passenger transit agencies, and industrial customers.

Customers & Markets

Freight railroads, passenger transit agencies, mining companies, marine operators, and industrial and drilling market participants. Operating results are described as largely dependent on the capital spending plans and financial condition of freight railroads and passenger transit operators.

Geographic Exposure

Global operations. Products described as present on most locomotives, freight cars, passenger transit cars, and buses around the world. GE Transportation acquisition added global reach in rail, mining, marine, stationary power, and drilling industries.

Financial Snapshot

Revenue
TTM
$11.98B
Gross Margin
TTM
34.99%
Net Income
TTM
$1.270B
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
112.14%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
$11.24B
Cash
2026 Q2
P/E
TTM
38.90
Free Cash Flow
TTM
$1.714B

Stock Price

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Market Cap: $49.4 Billion

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