TRN vs POWL vs WAB Stock Comparison

Trinity Industries, Powell Industries and Westinghouse Air Brake Technologies Prices as of Nov 3, 2026 Peers: Industry group
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TRN Trinity Industries Inc
$29.88 +14.4% 1M +12.2% 1Y
Market cap
$2.53B
P/E
7.7x
Revenue (TTM)
$2.12B
Div. yield
0.04%
Rail Equipment Industrials
3 wins
POWL Powell Industries Inc
$163.34 -16.7% 1M +25.4% 1Y
Market cap
$5.19B
P/E
27.2x
Revenue (TTM)
$1.16B
Div. yield
0.00%
Electrical Equipment Industrials
3 wins

Head to Head

12 decided of 12

Westinghouse Air Brake Technologies leads on 6 of the 12 questions below (Westinghouse Air Brake Technologies 6, Trinity Industries 3, Powell Industries 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTRNPOWLWABLeader
Larger companyMarket capitalisation $2.53B $5.19B $49.41B WAB
Cheaper on earningsLower P/E, profitable companies only 7.7x 27.2x 36.1x TRN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.4x 31.6x 25.1x TRN
Faster revenue growthRevenue growth, trailing twelve months -2.4% +7.0% +13.2% WAB
More profitableNet margin, trailing twelve months 15.4% 16.5% 11.2% POWL
Better return on capitalReturn on invested capital 8.5% — 8.8% WAB
Less leveragedLower net debt / EBITDA 5.0x — 2.2x WAB
Higher dividend yieldTrailing dividend yield 0.04% 0.00% 0.00% TRN
Better 1-year returnPrice return, last 12 months +12.2% +25.4% +42.4% WAB
Better 5-year returnAnnualised price return, 5 years +0.7%/yr +78.9%/yr +26.0%/yr POWL
Less volatileAnnualised volatility, 1 year 37.1% 64.3% 26.4% WAB
Higher overall scoreMean of the five percentile scores vs peers 61/100 71/100 61/100 POWL

Percentile Scorecard

TRNPOWLWAB

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

AxisTRNPOWLWAB
Valuation 77 #47 of 204 42 #119 of 204 34 #135 of 204
Growth 75 #49 of 191 92 #17 of 191 88 #24 of 191
Profitability 64 #68 of 189 97 #6 of 189 70 #57 of 189
Financial Health 4 #213 of 221 76 #54 of 221 31 #152 of 221
Shareholder Returns 83 #28 of 158 47 #85 of 158 82 #29 of 158
Overall 61 71 61
  • TRN ranked among 223 companies in Machinery
  • POWL ranked among 223 companies in Machinery
  • WAB ranked among 223 companies in Machinery

Price Performance

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

Returns

PeriodTRNPOWLWABSPY
1 month +14.4%-16.7%+1.4% -2.0%
3 months -6.8%-22.7%-2.4% -2.2%
6 months -16.7%-44.6%+10.8% +4.2%
Year to date +13.0%+53.7%+36.7% +10.6%
1 year +12.2%+25.4%+42.4% +10.4%
3 years +24.5%+511.8%+162.2% +73.6%
3 years, per year +7.6%+83.0%+37.9% +20.2%
5 years +3.5%+1,726.5%+217.3% +61.6%
5 years, per year +0.7%+78.9%+26.0% +10.1%
10 years +96.8%+1,285.1%+286.9% +261.3%
10 years, per year +7.0%+30.1%+14.5% +13.7%

Risk

MeasureTRNPOWLWABSPY
Volatility, 1Y 37.1%64.3%26.4% 12.8%
Downside volatility, 1Y 35.5%67.5%24.2% 12.8%
Beta vs S&P 500, 1Y 0.442.511.00 1.00
Return / volatility, 1Y 0.330.401.61 0.81
Max drawdown, 5Y -43.0%-55.9%-23.7% -25.4%
From 52-week high -21.6%-49.3%-4.6% -3.2%
52-week high $38.09$322.05$305.87 $779.14
52-week low $24.82$94.02$196.14 $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.

MultipleTRNPOWLWAB
P/E now vs peer median 7.3xmedian 25.4x 31.2xmedian 25.4x 35.9xmedian 25.4x
P/S now vs peer median 1.1xmedian 1.9x 5.1xmedian 1.9x 4.0xmedian 1.9x
EV/EBITDA now vs peer median 7.2xmedian 14.5x 22.5xmedian 14.5x 20.7xmedian 14.5x
P/FCF now vs peer median -9.0xmedian 23.6x 24.4xmedian 23.6x 27.5xmedian 23.6x
P/B now vs peer median 2.1xmedian 2.2x 7.9xmedian 2.2x 4.3xmedian 2.2x
PEG now vs peer median 0.11median 1.21 0.43median 1.21 1.48median 1.21

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 monthsTRNPOWLWAB
Revenue $2.12B $1.16B $12.21B
Gross profit $521.30M $348.18M $4.35B
Operating income $731.90M $227.67M $2.10B
Net income $334.90M $190.86M $1.37B
Free cash flow -$259.60M $243.96M $1.78B
R&D – $14.98M $261.00M
EPS (diluted) $4.03 $5.21 $8.10
Cash & equivalents $158.30M $633.56M $489.00M
Total debt $5.33B – $6.38B
Shares (diluted) 81.00M 36.60M 168.80M
Enterprise value $1.88B $3.04B $46.93B

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
MetricTRNPOWLWAB
P/E 7.3x 31.2x 35.9x
P/FCF -9.0x 24.4x 27.5x
P/Operating cash flow 5.5x 23.2x 23.5x
P/S 1.1x 5.1x 4.0x
P/B 2.1x 7.9x 4.3x
P/Tangible book 2.1x 7.9x 6.7x
EV/EBITDA 7.2x 22.5x 20.7x
EV/EBIT 10.3x 23.4x 26.2x
EV/Revenue 3.5x 4.6x 4.5x
EV/FCF -28.9x 21.8x 30.8x
EV/Operating cash flow 17.8x 20.8x 26.3x
PEG (3Y EPS CAGR) 0.11 0.43 1.48

Growth

14 metrics
MetricTRNPOWLWAB
Revenue growth (1Y) -2.4% 7.0% 13.2%
Revenue CAGR (3Y) -8.6% 21.0% 8.9%
Gross profit growth (1Y) -8.9% 11.9% 19.7%
Gross profit CAGR (3Y) 3.7% 39.2% 15.4%
Operating income growth (1Y) 71.9% 8.0% 18.5%
Operating income CAGR (3Y) 24.2% 74.2% 20.3%
Net income growth (1Y) 177.0% 8.8% 15.3%
Net income CAGR (3Y) 52.4% 73.1% 21.4%
EPS growth (1Y) 246.3% 8.6% 17.5%
EPS CAGR (3Y) 65.3% 72.8% 24.2%
Operating cash flow growth (1Y) 7.8% 153.9% 40.1%
Operating cash flow CAGR (3Y) 15.9% 25.5% 31.2%
Free cash flow growth (1Y) 33.2% 201.1% 40.6%
Free cash flow CAGR (3Y) 19.2% 25.0% 33.5%

Profitability

14 metrics
MetricTRNPOWLWAB
Gross margin 24.6% 30.1% 35.6%
EBITDA margin 48.8% 20.4% 21.8%
Operating margin 34.5% 19.7% 17.2%
Pretax margin 21.9% 21.2% 15.0%
Net margin 15.4% 16.5% 11.2%
FCF margin -12.2% 21.1% 14.6%
Operating cash flow margin 19.9% 22.1% 17.1%
Return on equity 29.4% 26.1% 12.2%
Return on assets 4.0% 14.8% 5.9%
Return on invested capital 8.5% – 8.8%
Return on capital employed – 34.0% 11.9%
Asset turnover 0.3x 0.9x 0.5x
Cash conversion (OCF / net income) 1.3x 1.3x 1.5x
Stock comp / revenue 1.1% 0.5% 0.8%

Financial Health

11 metrics
MetricTRNPOWLWAB
Debt / assets 63.8% – 27.6%
Debt / equity 4.7x – 0.6x
Net debt / EBITDA 5.0x – 2.2x
Debt / FCF -20.5x – 3.6x
Liabilities / assets 86.4% 46.2% 50.9%
Equity / assets 13.6% 53.8% 49.1%
Interest coverage – – 7.0x
Current ratio – 2.0x 1.1x
Quick ratio – 1.8x 0.5x
Cash ratio – 1.0x 0.1x
Altman Z-score – 8.12 3.65

Shareholder Returns

7 metrics
MetricTRNPOWLWAB
Dividend yield 4.1% 0.2% 0.4%
Net buyback yield 2.3% – 1.7%
Shareholder yield 6.5% 0.2% 2.1%
Payout ratio (earnings) 29.7% 6.8% 14.6%
Payout ratio (FCF) -38.3% 5.3% 11.3%
Dividend growth (1Y) 1.8% 1.6% 22.6%
Dividend CAGR (3Y) 6.1% 1.8% 18.8%

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.

ConsensusTRNPOWLWAB
Forward P/E 14.4xFY2026 31.6xFY2026 25.1xFY2026
EPS, next fiscal year $2.08FY2026 $5.17FY2026 $11.63FY2026
EPS growth, next FY -33.8%FY2026 +4.4%FY2026 +29.7%FY2026
EPS growth, the year after -1.9% +26.9% +5.7%
Revenue, next fiscal year $2.34BFY2026 $1.24BFY2026 $12.82BFY2026
Revenue growth, next FY +8.2%FY2026 +12.4%FY2026 +14.8%FY2026
Revenue growth, the year after +4.3% +26.2% -2.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTRNPOWLWAB
Held by institutions 95.3% 75.0% 92.7%
Institutions holding 345 583 1,197
Change in shares held, QoQ +6.3% -4.3% +0.2%
Institutions buying 171 320 554
Institutions selling 97 215 410
Buyers to sellers 1.76 1.49 1.35

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.

TRNPOWLWAB
TRN 1.00 0.15 0.35
POWL 0.15 1.00 0.51
WAB 0.35 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TRN, POWL and WAB?

Westinghouse Air Brake Technologies (WAB) is the largest by market capitalisation: Trinity Industries (TRN) $2.53B, Powell Industries (POWL) $5.19B, Westinghouse Air Brake Technologies (WAB) $49.41B.

Which stock is cheaper, TRN, POWL and WAB?

Trinity Industries (TRN) trades on the lowest price-to-earnings ratio (Trinity Industries (TRN) 7.7x, Powell Industries (POWL) 27.2x, Westinghouse Air Brake Technologies (WAB) 36.1x). On next year's consensus earnings, Trinity Industries (TRN) is cheapest (Trinity Industries (TRN) 14.4x, Powell Industries (POWL) 31.6x, Westinghouse Air Brake Technologies (WAB) 25.1x). 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: Trinity Industries (TRN) -2.4%, Powell Industries (POWL) +7.0%, Westinghouse Air Brake Technologies (WAB) +13.2%.

Which company is more profitable?

Powell Industries (POWL) has the highest net margin (Trinity Industries (TRN) 15.4%, Powell Industries (POWL) 16.5%, Westinghouse Air Brake Technologies (WAB) 11.2%). On return on invested capital, Westinghouse Air Brake Technologies (WAB) leads (Trinity Industries (TRN) 8.5%, Westinghouse Air Brake Technologies (WAB) 8.8%).

Which stock has performed better?

Over the past year Westinghouse Air Brake Technologies (WAB) returned the most: Trinity Industries (TRN) +12.2%, Powell Industries (POWL) +25.4%, Westinghouse Air Brake Technologies (WAB) +42.4%. Over five years, Powell Industries (POWL) compounded fastest (Trinity Industries (TRN) +0.7%/yr, Powell Industries (POWL) +78.9%/yr, Westinghouse Air Brake Technologies (WAB) +26.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Trinity Industries (TRN) has the highest dividend yield: Trinity Industries (TRN) 0.04%, Powell Industries (POWL) 0.00%, Westinghouse Air Brake Technologies (WAB) 0.00%.

Which stock is riskier?

By one-year price volatility, Westinghouse Air Brake Technologies (WAB) has been the steadiest (Trinity Industries (TRN) 37.1%, Powell Industries (POWL) 64.3%, Westinghouse Air Brake Technologies (WAB) 26.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TRN, POWL and WAB?

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.