Westinghouse Air Brake Technologies (WAB) Debt Ratio (2009 - 2026)
Westinghouse Air Brake Technologies' (WAB) quarterly Debt Ratio came in at 0.36 in Q2 2026, up 51.62% on a YoY basis from 0.23 in Q2 2025, and down 1.4% quarter-over-quarter from 0.36 in Q1 2026.
Analysis
Westinghouse Air Brake Technologies (WAB) Debt Ratio (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies (WAB) has reported Debt Ratio for 18 consecutive years, with 0.36 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 51.62% year-over-year to 0.36; the trailing twelve-month figure through Jun 2026 stood at 0.36 (up 51.62% YoY), and the FY2025 full-year result was 0.31, up 28.46% from the prior year.
- Debt Ratio declined to 0.36 in Q2 2026 per WAB's latest filing, from 0.36 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.36 in Q1 2026 and bottomed at 0.21 in Q1 2024.
- Historically, Debt Ratio has averaged 0.26 across 5 years, with a median of 0.24 in 2022.
- The sharpest annual moves came in 2024 and 2026: Debt Ratio retreated 22.43% in 2024, then soared 52.71% in 2026.
- Over 5 years, Debt Ratio stood at 0.23 in 2022, then rose by 11.2% to 0.26 in 2023, then slipped by 6.22% to 0.24 in 2024, then increased by 28.46% to 0.31 in 2025, then increased by 15.6% to 0.36 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.36, 0.36, and 0.31 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Westinghouse Air Brake Technologies | 47.41 Bn | 46.74 Bn | 1.16 Bn | 0.36 |
| 2 | Gatx | 6.31 Bn | 6.31 Bn | 555.30 Mn | 0.00 |
| 3 | Trinity Industries | 2.25 Bn | 2.10 Bn | 109.90 Mn | - |
| 4 | Triton International | 1.42 Bn | 1.42 Bn | 622,000.00 | 0.65 |
| 5 | Greenbrier Companies | 1.32 Bn | 1.05 Bn | 81.10 Mn | 0.42 |
| 6 | Foster L B | 386.10 Mn | 380.32 Mn | 30.87 Mn | 0.14 |
| 7 | FreightCar America | 212.69 Mn | 148.40 Mn | - | 0.37 |
| 8 | GenFlat Holdings | 47.31 Mn | 43.30 Mn | -32,922.00 | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.22 |