LINE vs WAB vs FR Stock Comparison

Lineage, Westinghouse Air Brake Technologies and First Industrial Realty Trust Prices as of Oct 23, 2026 Peers: Industry group
LINE Lineage, Inc.
$35.36 -2.6% 1M -11.8% 1Y
Market cap
$8.15B
P/E
–
Revenue (TTM)
$5.37B
Div. yield
–
Industrial REITs Real Estate

Head to Head

12 decided of 12

Westinghouse Air Brake Technologies leads on 6 of the 12 questions below (Westinghouse Air Brake Technologies 6, First Industrial Realty Trust 6). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLINEWABFRLeader
Larger companyMarket capitalisation $8.15B $46.97B $7.32B WAB
Cheaper on earningsLower P/E, profitable companies only -48.2x 37.0x 20.1x FR
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 23.6x 20.3x FR
Faster revenue growthRevenue growth, trailing twelve months +1.0% +13.4% +8.4% WAB
More profitableNet margin, trailing twelve months -3.1% 10.6% 47.9% FR
Better return on capitalReturn on invested capital — 8.3% 8.2% WAB
Less leveragedLower net debt / EBITDA 5.5x 2.4x 2.5x WAB
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.03% FR
Better 1-year returnPrice return, last 12 months -11.8% +38.2% -2.3% WAB
Better 5-year returnAnnualised price return, 5 years — +24.1%/yr -1.4%/yr WAB
Less volatileAnnualised volatility, 1 year 37.0% 26.2% 20.1% FR
Higher overall scoreMean of the five percentile scores vs peers 65/100 59/100 71/100 FR

Percentile Scorecard

LINEWABFR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLINEWABFR
Valuation 83 #26 of 145 34 #134 of 203 22 #113 of 145
Growth 76 #35 of 144 86 #28 of 188 77 #34 of 144
Profitability 26 #104 of 140 67 #62 of 187 92 #12 of 140
Financial Health 57 #64 of 146 29 #159 of 222 89 #17 of 146
Shareholder Returns 82 #25 of 132 78 #35 of 153 76 #32 of 132
Overall 65 59 71
  • LINE ranked among 149 companies in Property REITs
  • WAB ranked among 222 companies in Machinery
  • FR ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLINEWABFRSPY
1 month -2.6%-6.9%-10.9% -1.0%
3 months -14.6%-10.0%-18.7% +2.9%
6 months -4.8%+1.9%-11.3% +6.4%
Year to date +1.0%+27.5%-5.0% +11.4%
1 year -11.8%+38.2%-2.3% +13.1%
3 years —+172.4%+30.1% +79.4%
3 years, per year —+39.7%+9.2% +21.5%
5 years —+194.6%-6.6% +67.7%
5 years, per year —+24.1%-1.4% +10.9%
10 years —+229.9%+101.7% +255.2%
10 years, per year —+12.7%+7.3% +13.5%

Risk

MeasureLINEWABFRSPY
Volatility, 1Y 37.0%26.2%20.1% 12.7%
Downside volatility, 1Y 34.3%24.1%21.5% 12.7%
Beta vs S&P 500, 1Y 1.010.980.44 1.00
Return / volatility, 1Y -0.321.46-0.12 1.03
Max drawdown, 5Y -64.1%-23.7%-38.9% -25.4%
From 52-week high -21.6%-11.0%-20.9% -2.5%
52-week high $45.10$305.87$68.83 $779.14
52-week low $31.80$196.14$54.43 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLINEWABFR
P/E now vs peer median -47.7xmedian 27.0x 36.3xmedian 25.9x 19.8xmedian 27.0x
P/S now vs peer median 1.5xmedian 4.1x 3.8xmedian 1.9x 9.5xmedian 4.1x
EV/EBITDA now vs peer median 12.7xmedian 14.5x 20.7xmedian 13.7x 15.3xmedian 14.5x
P/FCF now vs peer median 33.0xmedian 23.7x 26.9xmedian 21.1x -90.1xmedian 23.7x
P/B now vs peer median 0.9xmedian 1.3x 4.1xmedian 2.3x 2.5xmedian 1.3x
PEG now vs peer median —median 2.07 1.42median 1.19 4.18median 2.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLINEWABFR
Revenue $5.37B $11.98B $759.61M
Gross profit $1.72B $4.19B –
Operating income $192.00M $1.96B –
Net income -$189.00M $1.28B $381.93M
Free cash flow $244.00M $1.71B -$80.09M
R&D – $253.00M –
EPS (diluted) $-0.74 $7.48 $2.74
Cash & equivalents $58.00M $670.00M $46.05M
Total debt $24.54B $6.57B $1.44B
Shares (diluted) 228.00M 169.60M 132.67M
Enterprise value $7.88B $44.45B $7.13B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLINEWABFR
P/E -47.7x 36.3x 19.8x
P/FCF 33.0x 26.9x -90.1x
P/Operating cash flow 8.2x 23.0x 16.1x
P/S 1.5x 3.8x 9.5x
P/B 0.9x 4.1x 2.5x
P/Tangible book 1.0x 6.5x 2.5x
EV/EBITDA 12.7x 20.7x 15.3x
EV/EBIT 74.1x 26.4x 23.7x
EV/Revenue 2.6x 4.3x 11.3x
EV/FCF 58.3x 30.3x -107.5x
EV/Operating cash flow 14.4x 26.0x 19.2x
PEG (3Y EPS CAGR) – 1.42 4.18

Growth

14 metrics
MetricLINEWABFR
Revenue growth (1Y) 1.0% 13.4% 8.4%
Revenue CAGR (3Y) – 10.1% 9.0%
Gross profit growth (1Y) 0.0% 19.2% –
Gross profit CAGR (3Y) – 15.9% –
Operating income growth (1Y) 142.0% 14.7% –
Operating income CAGR (3Y) – 21.5% –
Net income growth (1Y) 70.0% 9.5% 35.3%
Net income CAGR (3Y) – 22.9% 5.2%
EPS growth (1Y) 69.8% 11.1% 34.3%
EPS CAGR (3Y) – 25.6% 4.7%
Operating cash flow growth (1Y) 17.5% 20.1% 13.3%
Operating cash flow CAGR (3Y) – 41.6% 13.4%
Free cash flow growth (1Y) 45.2% 18.0% -25.1%
Free cash flow CAGR (3Y) – 47.4% 38.7%

Profitability

14 metrics
MetricLINEWABFR
Gross margin 32.0% 35.0% –
EBITDA margin 20.9% 21.0% 74.2%
Operating margin 3.6% 16.4% –
Pretax margin -3.5% 14.2% 47.7%
Net margin -3.1% 10.6% 47.9%
FCF margin 4.5% 14.3% -10.5%
Operating cash flow margin 18.4% 16.7% 59.2%
Return on equity -2.1% 11.4% 13.4%
Return on assets -1.0% 5.5% 6.6%
Return on invested capital – 8.3% 8.2%
Return on capital employed 1.1% 11.0% –
Asset turnover 0.3x 0.5x 0.1x
Cash conversion (OCF / net income) -5.2x 1.6x 1.2x
Stock comp / revenue 2.0% 0.8% –

Financial Health

11 metrics
MetricLINEWABFR
Debt / assets 32.9% 28.4% 24.9%
Debt / equity 0.7x 0.6x 0.5x
Net debt / EBITDA 5.5x 2.4x 2.5x
Debt / FCF 25.5x 3.8x -18.0x
Liabilities / assets 53.0% 51.4% 50.4%
Equity / assets 47.0% 48.6% 49.6%
Interest coverage – 6.9x 787.6x
Current ratio 0.8x 1.1x –
Quick ratio 0.6x 0.5x –
Cash ratio 0.0x 0.1x –
Altman Z-score 0.57 3.43 –

Shareholder Returns

7 metrics
MetricLINEWABFR
Dividend yield 6.0% 0.4% 3.6%
Net buyback yield – 1.2% –
Shareholder yield 6.0% 1.6% 3.6%
Payout ratio (earnings) – 15.0% 65.2%
Payout ratio (FCF) – 11.2% -311.1%
Dividend growth (1Y) – 23.1% 18.3%
Dividend CAGR (3Y) – 17.6% 15.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLINEWABFR
Forward P/E – 23.6xFY2026 20.3xFY2026
EPS, next fiscal year $-0.73FY2026 $11.51FY2026 $2.68FY2026
EPS growth, next FY – +28.3%FY2026 +43.3%FY2026
EPS growth, the year after – +5.9% -25.4%
Revenue, next fiscal year $5.06BFY2026 $12.87BFY2026 $811.76MFY2026
Revenue growth, next FY -5.6%FY2026 +15.2%FY2026 +11.6%FY2026
Revenue growth, the year after +3.9% -2.5% +9.7%
LINE estimates →WAB estimates →FR estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLINEWABFR
Held by institutions 33.7% 92.6% 100.0%
Institutions holding 327 1,195 487
Change in shares held, QoQ +18.2% +0.2% +5.0%
Institutions buying 183 553 260
Institutions selling 93 409 145
Buyers to sellers 1.97 1.35 1.79
LINE holders →WAB holders →FR holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LINEWABFR
LINE 1.00 0.14 0.32
WAB 0.14 1.00 0.29
FR 0.32 0.29 1.00

Add a Peer

Largest companies in the same industry
LINE · Industrial REITs
+PLDPrologis +EGPEastgroup Properties +REXRRexford Industrial Realty +STAGSTAG Industrial +TRNOTerreno Realty +OMABCentral North Airport +COLDAmericold Realty Trust +LXPLXP Industrial Trust
Plot all 21 Industrial REITs stocks → Plot all 17 Rail Equipment stocks →

Related Comparisons

LINE vs PLDPrologis LINE vs EGPEastgroup Properties LINE vs REXRRexford Industrial Realty LINE vs STAGSTAG Industrial

Frequently Asked Questions

Which is bigger, LINE, WAB and FR?

Westinghouse Air Brake Technologies (WAB) is the largest by market capitalisation: Lineage (LINE) $8.15B, Westinghouse Air Brake Technologies (WAB) $46.97B, First Industrial Realty Trust (FR) $7.32B.

Which stock is cheaper, LINE, WAB and FR?

First Industrial Realty Trust (FR) trades on the lowest price-to-earnings ratio (Lineage (LINE) -48.2x, Westinghouse Air Brake Technologies (WAB) 37.0x, First Industrial Realty Trust (FR) 20.1x). On next year's consensus earnings, First Industrial Realty Trust (FR) is cheapest (Westinghouse Air Brake Technologies (WAB) 23.6x, First Industrial Realty Trust (FR) 20.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Westinghouse Air Brake Technologies (WAB) grew revenue fastest over the trailing twelve months: Lineage (LINE) +1.0%, Westinghouse Air Brake Technologies (WAB) +13.4%, First Industrial Realty Trust (FR) +8.4%.

Which company is more profitable?

First Industrial Realty Trust (FR) has the highest net margin (Lineage (LINE) -3.1%, Westinghouse Air Brake Technologies (WAB) 10.6%, First Industrial Realty Trust (FR) 47.9%). On return on invested capital, Westinghouse Air Brake Technologies (WAB) leads (Westinghouse Air Brake Technologies (WAB) 8.3%, First Industrial Realty Trust (FR) 8.2%).

Which stock has performed better?

Over the past year Westinghouse Air Brake Technologies (WAB) returned the most: Lineage (LINE) -11.8%, Westinghouse Air Brake Technologies (WAB) +38.2%, First Industrial Realty Trust (FR) -2.3%. Over five years, Westinghouse Air Brake Technologies (WAB) compounded fastest (Westinghouse Air Brake Technologies (WAB) +24.1%/yr, First Industrial Realty Trust (FR) -1.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

First Industrial Realty Trust (FR) has the highest dividend yield: Lineage (LINE) 0.00%, Westinghouse Air Brake Technologies (WAB) 0.00%, First Industrial Realty Trust (FR) 0.03%. Lineage (LINE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, First Industrial Realty Trust (FR) has been the steadiest (Lineage (LINE) 37.0%, Westinghouse Air Brake Technologies (WAB) 26.2%, First Industrial Realty Trust (FR) 20.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LINE, WAB and FR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Westinghouse Air Brake Technologies (WAB) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.