Is Wabtec (WAB) overvalued or fairly valued?

MarketChacha shows Wabtec's valuation in context — a trailing P/E of about 34.4, a forward P/E of about 22.7, a price-to-book of about 4.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Wabtec's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.58×) from reported figures — education, not a rating.

What is Wabtec's revenue?

Wabtec reported revenue of $11.2B for FY2025, with net profit of $1.2B, per official filings.

What is the share price of Wabtec (WAB)?

Wabtec last traded at $282.86 (+0.7% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Wabtec

WAB · NYSE · Industrials · United States

Snapshot

TickerWAB

ExchangeNYSE

SectorIndustrials

IndustryRailroads

CountryUnited States

Employees31,000

HeadquartersPittsburgh, United States

Websitewww.wabteccorp.com

Filings tracked10

About Wabtec

Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, and train cruise and remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. In addition, it provides freight car trucks, braking equipment, and related components; air compressors and dryers, as well as heating, ventilation, and air conditioning (HVAC) systems; heat transfer components and systems; custom engineered burners and combustion systems; rail gear, signaling, and switch products; and turbochargers. Further, it offers freight locomotive overhauls, modernizations, and refurbishment; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; long-term parts arrangements; and way equipment maintenance services. Additionally, it provides railway and freight braking equipment and related components; brake shoes, discs, and pads; HVAC equipment; access and platform screen doors; pantographs; power converters and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Who owns it

Insiders0.7%
Institutions95.8%
Public & other3.5%

1,660 institutional holders

Ownership breakdown from public market data.

Top holders

FMR, LLC12.66%
Blackrock Inc.8.22%
Vanguard Capital Management LLC6.56%
State Street Corporation4.68%
Price (T.Rowe) Associates Inc4.30%
Vanguard Portfolio Management LLC4.25%
Geode Capital Management, LLC2.68%
FIL LTD2.09%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.58×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend8.4% → 10.5%

Margin has expanded by about 2.1 points — the business is getting more profitable.

Growth qualityrev 7% · PAT 20%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $3.2B · EPS 2.64

Est. earnings growth +25.6%

Next fiscal year

Rev $13.4B · EPS 12.44

Est. earnings growth +14.5%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$11.2B

Net margin

10.5%

ROE

10.5%

Revenue CAGR (2y)

+7.4%

Profit CAGR (2y)

+19.8%

EPS (FY2025)

6.83

Net profit (FY2025)

$1.2B

Ask MarketChacha about WAB

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On MarketChacha

Posts about WAB

Why did Wabtec (WAB) jump ~11% today?c/usmarkets · 7/22/2026▲ 0

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$11.2B	$1.2B	6.83	10.5%	10.5%
FY2024	$10.4B	$1.1B	6.04	10.2%	10.5%
FY2023	$9.7B	$815.0M	4.53	8.4%	7.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$3.2B	$395.0M	2.33	12.4%
2026Q1	$3.0B	$362.0M	2.12	12.3%
2025Q3	$2.9B	$310.0M	1.81	10.7%
2025Q2	$2.7B	$336.0M	1.96	12.4%
2025Q1	$2.6B	$322.0M	1.88	12.3%
2024Q3	$2.7B	$283.0M	1.63	10.6%
2024Q2	$2.6B	$289.0M	1.64	10.9%
2024Q1	$2.5B	$272.0M	1.53	10.9%
2023Q3	$2.5B	$240.0M	1.33	9.4%
2023Q2	$2.4B	$191.0M	1.06	7.9%
2023Q1	$2.2B	$169.0M	0.93	7.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/22/2026material
10-Q filing
SEC7/22/2026
8-K — Shareholder vote results
SEC5/15/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/22/2026material
10-Q filing
SEC4/22/2026
8-K — Reg FD disclosure, Exhibits
SEC3/3/2026material
10-K filing
SEC2/13/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/11/2026material

2025

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/22/2025material
10-Q filing
SEC10/22/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.