Westinghouse Air Brake Technologies (WAB) EBITDA Margin (2009 - 2026)
Westinghouse Air Brake Technologies (WAB) recorded EBITDA Margin of 23.37% in Q2 2026, up 1.61 percentage points from 21.77% a year earlier and up 1.13 percentage points from the prior quarter.
Westinghouse Air Brake Technologies (WAB) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Westinghouse Air Brake Technologies' EBITDA Margin came in at 20.95% as of Jun 30, 2026, up 0.01 percentage points year-over-year; for FY2025, it was 20.54%, up 0.21 percentage points from FY2024.
- Annual EBITDA Margin has increased for six straight years, with a five-year change of +4.42 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 20.33% in FY2024 (+1.76 pp), 18.57% in FY2023 (+0.75 pp), 17.82% in FY2022 (+0.34 pp) and 17.48% in FY2021 (+1.36 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin in data going back to Q3 2009.
- On a year-over-year basis, EBITDA Margin rose in five of the last eight quarters, with an average year-over-year change of +0.45 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 4.77 percentage points in Q4 2021, against a drop of 2.75 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.24% (Q1 2026), 16.59% (Q4 2025) and 21.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 23.91% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 33.41% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 19.50% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 20.99% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 27.98% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 23.02% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 34.66% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 20.29% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 28.95% |
| 10 | Westinghouse Air Brake Technologies | 49.25 Bn | 46.76 Bn | 1.16 Bn | 23.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.37% |
| Mar 31, 2026 | 22.24% |
| Dec 31, 2025 | 16.59% |
| Sep 30, 2025 | 21.45% |
| Jun 30, 2025 | 21.77% |
| Mar 31, 2025 | 22.76% |
| Dec 31, 2024 | 17.89% |
| Sep 30, 2024 | 21.29% |
| Jun 30, 2024 | 20.73% |
| Mar 31, 2024 | 21.43% |
| Dec 31, 2023 | 18.53% |
| Sep 30, 2023 | 19.41% |
| Jun 30, 2023 | 18.07% |
| Mar 31, 2023 | 18.19% |
| Dec 31, 2022 | 15.92% |
| Sep 30, 2022 | 18.26% |
| Jun 30, 2022 | 18.65% |
| Mar 31, 2022 | 18.73% |
| Dec 31, 2021 | 18.67% |
| Sep 30, 2021 | 17.78% |
Westinghouse Air Brake Technologies EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "WAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();