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Saturday 17 October 2026 Export WAB’s income statement to Excel — free account

Wabtec

WAB Industrials Railroads

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.

286.82 0.94 −0.33%
Market cap
$48.6B
P/E
38.5×
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

Wabtec (WAB) Debt to equity

Alert me on Debt to equity

Wabtec's debt to equity at the end of the quarter to 30 June 2026 was 0.6×, up 0.1× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.4× (fiscal 2023) to 1.3× (fiscal 2018); the current reading is higher than 73% of that period. That is in line with the Railroads industry median of 0.6× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.5× 26.07%
FY2024 0.4× 1.60%
FY2023 0.4× (1.98%)
FY2022 0.4× (0.48%)
FY2021 0.4× (5.08%)
FY2020 0.4× (5.80%)
FY2019 0.4× (67.03%)
FY2018 1.3× 103.28%
FY2017 0.7× 4.01%
FY2016 0.6× 56.25%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× (0.32%)
Mar 2026 0.6× 18.40%
Dec 2025 0.5× 3.97%
Sep 2025 0.5× 7.98%
42 more quarters

Against its own ten years

Low 0.4× High 1.3×
Ten-year median 0.4×
Current reading's percentile 73

Debt to equity against peers

Company Debt to equity
GBX Greenbrier Companies, Inc. (The) compare 0.0×
FSTR L.B. Foster Company compare 0.3×
CP Canadian Pacific Kansas City Limited compare 0.5×
WAB Wabtec 0.6×
NSC Norfolk Southern Corporation compare 1.0×
CSX CSX Corporation compare 1.3×
UNP Union Pacific Corporation compare 1.5×
RAIL Freightcar America, Inc. compare 2.8×
TRN Trinity Industries, Inc. compare 4.6×
Railroads industry median 0.6×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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