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.
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Wabtec (WAB) Free cash flow margin
Wabtec's free cash flow margin over the twelve months to 30 June 2026 was 14.4%, up 0.9 percentage points from fiscal 2025 (13.5%). Over the past ten years it has ranged from 2.59% (fiscal 2017) to 15.8% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Railroads industry median of 8.43% and above the Industrials sector median of 2.43%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 13.5% | (2.32) |
| FY2024 | 15.8% | 5.28 |
| FY2023 | 10.5% | (0.16) |
| FY2022 | 10.7% | (1.71) |
| FY2021 | 12.4% | 3.53 |
| FY2020 | 8.85% | (1.32) |
| FY2019 | 10.2% | 4.84 |
| FY2018 | 5.33% | 2.74 |
| FY2017 | 2.59% | (11.08) |
| FY2016 | 13.7% | 1.48 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| UNP Union Pacific Corporation compare | 25.6% |
| CSX CSX Corporation compare | 20.4% |
| CP Canadian Pacific Kansas City Limited compare | 15.7% |
| NSC Norfolk Southern Corporation compare | 15.2% |
| WAB Wabtec | 14.4% |
| FSTR L.B. Foster Company compare | 8.43% |
| RAIL Freightcar America, Inc. compare | 3.86% |
| GBX Greenbrier Companies, Inc. (The) compare | 2.27% |
| TRN Trinity Industries, Inc. compare | −16.5% |
| Railroads industry median | 8.43% |
| Industrials sector median | 2.43% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on WAB
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement