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.
Follow WAB
Wabtec (WAB) Operating margin
Wabtec's operating margin over the twelve months to 30 June 2026 was 16.4%, up 0.3 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 24.3% and above the Industrials sector median of 5.13%.
Operating margin, annual
Embed this chart
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) |
|---|---|---|
| Jun 2026 | 18.9% | 1.34 |
| Mar 2026 | 17.5% | 5.52 |
| Dec 2025 | 12.0% | (5.00) |
| Sep 2025 | 17.0% | (0.43) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| UNP Union Pacific Corporation compare | 40.0% |
| TRN Trinity Industries, Inc. compare | 37.0% |
| CP Canadian Pacific Kansas City Limited compare | 36.7% |
| CSX CSX Corporation compare | 34.2% |
| NSC Norfolk Southern Corporation compare | 32.2% |
| WAB Wabtec | 16.4% |
| GBX Greenbrier Companies, Inc. (The) compare | 7.23% |
| FSTR L.B. Foster Company compare | 4.36% |
| RAIL Freightcar America, Inc. compare | 3.77% |
| Railroads industry median | 24.3% |
| Industrials sector median | 5.13% |
| Market median | 0.00% |
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
More on WAB
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow 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