Wabtec

WAB Industrials Railroads

Wabtec’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 7.51% from fiscal 2024.

Revenue
+8.11%
EPS
+34.3%
Free cash flow
+22.1%
Total debt
+20.7%

Quarter to September 2026, against a year earlier

283.80 5.32 +1.91%
Market cap
$46.7B
P/E
34.7×
Fwd P/E
30.0×
Dividend yield
0.42%
F-score
6/9
Altman Z
3.06
Beneish M
−2.56
Dividend safety
89/100

Wabtec (WAB) Operating margin

Alert me on Operating margin

Wabtec's operating margin over the twelve months to 30 September 2026 was 17.2%, up 1.1 percentage points from fiscal 2025 (16.1%). Over the past ten years it has ranged from 8.09% (fiscal 2019) to 18.4% (fiscal 2015); the current reading is higher than 91% of that period. That is below the Railroads industry median of 24.4% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 16.1% 0.57
FY2024 15.5% 2.41
FY2023 13.1% 0.99
FY2022 12.1% 0.89
FY2021 11.2% 1.34
FY2020 9.86% 1.77
FY2019 8.09% (2.76)
FY2018 10.9% 0.00
FY2017 10.9% (4.73)
FY2016 15.6% (2.79)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 20.0% 1.16
Jun 2026 18.9% 1.34
Mar 2026 17.5% 5.52
Dec 2025 12.0% (5.00)
43 more quarters

Against its own ten years

Low 8.09% High 18.4%
Ten-year median 12.1%
Current reading's percentile 93

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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