Saturday 10 October 2026 Export all WAB data to Excel Powerpack

Wabtec

Wabtec’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 7.51% from fiscal 2024. In the quarter to June 2026, revenue grew 17.5%, EPS grew 18.9%, free cash flow grew 122.9% and total debt rose 37.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for five.

285.43 4.63 +1.65%

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Market cap: $47.4B
P/E: 38.3×
Fwd P/E: 27.7×
Dividend yield: 0.41%
F-score: 6/9
Altman Z: 3.06
Beneish M: −2.56
Dividend safety: 89/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 42.55

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	4	1	6	2	1	2	2	4	4	1	1

Insider Ownership 0.82%

Capital & Financial Ratios $m

Market Cap 47,430.00

Revenue 11,980.00

Net Income 1,276.00

Free Cash Flow 1,719.00

Net Debt 5,901.00

Current Ratio 1.12

Debt/Equity 0.58

P/E ratio 38.33

Fwd P/E 27.70

P/S ratio 4.03

P/B ratio 4.30

Past 5Y EPS Growth 25.77%

This Y EPS Growth 20.91%

Next Y EPS Growth 15.04%

Next Y revenue growth 12.35%

Next 5Y EPS Growth 16.35%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 91.40%

10-year low 10-year high

P/S against its own 10 years 98.34%

10-year low 10-year high

P/B against its own 10 years 95.94%

10-year low 10-year high

EV/Sales against its own 10 years 98.26%

10-year low 10-year high

EV/FCF against its own 10 years 69.68%

10-year low 10-year high

Dividends

Payout Ratio 0.16

Annual Dividend Rate 1.18

Annual Dividend Yield 0.41%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.22	0.31 0.31 0.31
2025	1.00	0.25 0.25 0.25 0.25
2024	0.80	0.20 0.20 0.20 0.20
2023	0.68	0.17 0.17 0.17 0.17
2022	0.60	0.15 0.15 0.15 0.15
2021	0.48	0.12 0.12 0.12 0.12
2020	0.48	0.12 0.12 0.12 0.12
2019	0.48	0.12 0.12 0.12 0.12
2018	0.48	0.12 0.12 0.12 0.12
2017	0.44	0.10 0.10 0.12 0.12
2016	0.36	0.08 0.08 0.10 0.10

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	620	715	789	670
Receivables	1,684	1,702	1,897	2,169
Inventory	2,284	2,314	2,745	2,857
Other	267	212	263	345
	4,855	4,943	5,694	6,041

	2023	2024	2025	Q'26
Payables	1,250	1,300	1,402	1,427
ST’ Debt	781	500	1,250	1,656
Other	804	693	1,015	878
	4,056	3,792	5,150	5,387

Compound Annual Growth %

	10y	5y	3y
Sales	12.94%	8.13%	10.12%
Cash Flow	14.58%	17.54%	19.22%
Earnings	11.37%	23.09%	22.72%
Book Value	20.73%	1.96%	3.32%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,950	3,179	—	—	—
’25	2,610	2,706	2,886	2,965	11,167
’24	2,497	2,644	2,663	2,583	10,387
’23	2,194	2,407	2,550	2,526	9,677
’22	1,927	2,048	2,081	2,306	8,362
’21	1,830	2,012	1,907	2,073	7,822
’20	1,930	1,737	1,865	2,024	7,556

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	199	441	—	—	—
’25	191	209	367	992	1,759
’24	334	235	542	723	1,834
’23	(25)	115	425	686	1,201
’22	161	263	204	410	1,038
’21	292	223	244	314	1,073
’20	(82)	311	230	326	784

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	153	379	—	—	—
’25	147	170	315	872	1,504
’24	315	197	489	639	1,640
’23	(57)	77	386	611	1,017
’22	143	233	172	344	892
’21	271	197	221	279	968
’20	(109)	280	208	291	669

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.12	2.33	—	—	—
’25	1.88	1.96	1.81	1.18	6.83
’24	1.53	1.64	1.63	1.23	6.04
’23	0.93	1.06	1.33	1.20	4.53
’22	0.80	0.91	0.88	0.86	3.46
’21	0.59	0.66	0.69	1.02	2.96
’20	0.58	0.46	0.67	0.46	2.17

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	60.28	69.20	65.45	61.00	35.07	71.05	78.26	91.89	123.76	151.81	Analyst estimates 2026–2028 Powerpack
	High	89.18	93.81	115.40	81.75	81.50	97.71	105.51	127.57	207.51	222.47
People
People	Employees	20,000	18,000	18,000	27,500	27,000	25,000	27,000	29,000	29,500	31,000
	Revenue/emp, $m	0.15	0.22	0.24	0.30	0.28	0.31	0.31	0.33	0.35	0.36
Income, $m
Income, $m	Revenue	2,931	3,882	4,364	8,200	7,556	7,822	8,362	9,677	10,387	11,167
	Gross margin, %	31.53	27.44	28.28	27.78	28.28	30.29	30.38	30.42	32.41	34.08
	EBT	413	352	368	447	557	737	854	1,092	1,410	1,592
	EBT margin, %	14.08	9.07	8.42	5.45	7.37	9.42	10.21	11.28	13.57	14.26
	Net income	313	262	292	327	412	565	641	825	1,067	1,183
	Depreciation	70	103	109	319	385	441	426	477	459	457
Per share, $
Per share, $	Revenue	32.44	40.65	45.45	48.09	39.79	41.67	45.89	54.12	59.66	65.50
	Earnings	3.37	2.74	3.06	1.91	2.18	2.96	3.46	4.54	6.05	6.84
	Cash flow	4.99	1.98	3.28	5.96	4.13	5.72	5.70	6.72	10.53	10.32
	Capex	(0.55)	(0.92)	(0.85)	(1.07)	(0.61)	(0.56)	(0.80)	(1.03)	(1.11)	(1.50)
	Free cash flow	4.43	1.05	2.42	4.89	3.52	5.16	4.90	5.69	9.42	8.82
	Book value	32.94	29.62	29.89	58.61	53.47	54.55	55.69	58.86	58.20	65.63
	Shares, m	90	96	96	171	190	188	182	179	174	171
Valuation, ×
Valuation, ×	P/E	24.86	30.38	22.88	44.97	33.73	31.12	28.83	27.73	31.39	31.21
	P/S	2.59	2.04	1.55	1.62	1.84	2.21	2.17	2.33	3.18	3.26
	P/B	2.55	2.80	2.35	1.33	1.37	1.69	1.79	2.14	3.26	3.25
	EV/Sales	3.10	2.46	1.89	2.08	2.32	2.67	2.59	2.68	3.49	3.68
	EV/FCF	22.68	95.00	35.49	20.49	26.22	21.56	24.26	25.52	22.12	27.36
Cash, $m
Cash, $m	Operating cash flow	451	189	315	1,016	784	1,073	1,038	1,201	1,834	1,759
	Capex	(50)	(88)	(82)	(182)	(115)	(105)	(146)	(184)	(194)	(255)
	Free cash flow	401	101	233	834	669	968	892	1,017	1,640	1,504
Balance, $m
Balance, $m	Working capital	1,421	692	2,803	934	654	922	860	799	1,151	544
	Total debt	1,893	1,871	3,857	4,429	4,239	4,058	4,002	4,069	3,980	5,541
	Net debt	1,494	1,637	1,515	3,825	3,640	3,585	3,461	3,449	3,265	4,752
	Shareholders’ equity	2,977	2,829	2,869	9,994	10,153	10,239	10,147	10,524	10,133	11,190
Returns, %
Returns, %	ROA	6.22	3.99	3.87	2.37	2.21	3.02	3.42	4.35	5.60	5.74
	ROIC	6.38	5.89	6.75	3.00	3.38	3.96	4.64	5.66	7.51	7.03
	ROE	13.03	9.04	10.35	5.08	4.11	5.47	6.21	7.89	10.22	10.97

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
UNP Union Pacific Corporation	$165.3B	22.5×	21.9×	+11.54% (above 0%: growing)	+6.33% (above 0%: growing)	+57.70% (above 0%: growing)	57.94%	40.25%	Compare
CSX CSX Corporation	$87.7B	27.4×	24.6×	+10.10% (above 0%: growing)	+22.73% (above 0%: growing)	+816.52% (above 0%: growing)	69.83%	38.27%	Compare
CP Canadian Pacific Kansas City Limited	$74.2B	27.1×	25.5×	+12.46% (above 0%: growing)	−13.40% (below 0%: shrinking)	+54.79% (above 0%: growing)	67.51%	35.35%	Compare
NSC Norfolk Southern Corporation	$71.2B	27.1×	26.4×	+11.41% (above 0%: growing)	−4.40% (below 0%: shrinking)	−3.08% (below 0%: shrinking)	66.32%	32.44%	Compare
WAB Wabtec	$47.4B	38.3×	27.7×	+17.48% (above 0%: growing)	+18.88% (above 0%: growing)	+122.94% (above 0%: growing)	36.52%	18.87%
TRN Trinity Industries, Inc.	$2.0B	6.0×	14.2×	−4.17% (below 0%: shrinking)	+623.53% (above 0%: growing)	+75.30% (above 0%: growing)	22.66%	41.19%	Compare
GBX Greenbrier Companies, Inc. (The)	$1.2B	11.1×	14.8×	−31.59% (below 0%: shrinking)	−68.23% (below 0%: shrinking)	−412.32% (below 0%: shrinking)	14.07%	5.53%	Compare
FSTR L.B. Foster Company	$372.6M	31.5×	23.9×	−3.49% (below 0%: shrinking)	+7.14% (above 0%: growing)	+83.84% (above 0%: growing)	22.28%	4.44%	Compare
RAIL Freightcar America, Inc.	$202.3M	— (loss-making)	4.4×	−4.62% (below 0%: shrinking)	n/m	+33.43% (above 0%: growing)	5.45%	(3.80%)	Compare
Median of peers	$36.6B	27.1×	22.9×	+3.31%	+6.33%	+56.25%	40.30%	33.90%

All 11 Railroads stocks →

Wabtec (WAB) key facts

Strength: Wabtec’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 7.51% from fiscal 2024.
Strength: Net income was $1.2 billion, or $6.84 per share (basic), a net margin of 10.5%.
Wabtec (WAB) is a Railroads company in the Industrials sector, listed on the New York Stock Exchange.
As of October 9, 2026, WAB traded at $285.43, a market capitalization of $47.4 billion.
At that price the stock trades at 38.3× trailing-twelve-month earnings and 4.0× sales; its P/E is higher than 91% of its own readings over the past ten years.
Wabtec pays an annual dividend of $1.18 per share, a yield of 0.41%, with a payout ratio of 15.9%.
Return on equity was 11.0% and debt-to-equity 0.58.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.06 (safe zone) for fiscal 2025.