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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) Gross margin

Alert me on Gross margin

Wabtec's gross margin over the twelve months to 30 June 2026 was 35.0%, up 0.9 percentage points from fiscal 2025 (34.1%). Over the past ten years it has ranged from 27.4% (fiscal 2017) to 34.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Railroads industry median of 30.6% and above the Industrials sector median of 30.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 34.1% 1.67
FY2024 32.4% 1.99
FY2023 30.4% 0.04
FY2022 30.4% 0.09
FY2021 30.3% 2.01
FY2020 28.3% 0.50
FY2019 27.8% (0.50)
FY2018 28.3% 0.84
FY2017 27.4% (4.09)
FY2016 31.5% (0.15)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 36.5% 0.55
Mar 2026 36.0% 3.39
Dec 2025 32.6% (2.14)
Sep 2025 34.7% 0.06
42 more quarters

Against its own ten years

Low 27.4% High 34.1%
Ten-year median 30.4%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
CP Canadian Pacific Kansas City Limited compare 69.8%
CSX CSX Corporation compare 69.4%
NSC Norfolk Southern Corporation compare 68.8%
UNP Union Pacific Corporation compare 59.0%
WAB Wabtec 35.0%
TRN Trinity Industries, Inc. compare 26.2%
FSTR L.B. Foster Company compare 21.4%
GBX Greenbrier Companies, Inc. (The) compare 15.1%
RAIL Freightcar America, Inc. compare 12.5%
Railroads industry median 30.6%
Industrials sector median 30.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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