Westinghouse Air Brake Technologies (WAB) FCF Margin (2009 - 2026)
Westinghouse Air Brake Technologies (WAB) reported FCF Margin of 11.92% for Q2 2026, up 5.64 percentage points from 6.28% a year earlier and up 6.74 percentage points from the prior quarter.
Westinghouse Air Brake Technologies (WAB) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Westinghouse Air Brake Technologies' FCF Margin came in at 14.31%, up 0.56 percentage points year-over-year; for FY2025, it came in at 13.42%, down 2.24 percentage points from FY2024.
- FCF Margin has a five-year change of +4.85 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 15.66% in FY2024 (+5.18 pp), 10.49% in FY2023 (-0.14 pp), 10.63% in FY2022 (-1.42 pp) and 12.06% in FY2021 (+3.48 pp).
- Five-year quarterly FCF Margin spans a low of -2.60% in Q1 2023 and a high of 29.34% in Q4 2025.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of -0.16 percentage points.
- The high point for year-over-year FCF Margin in five years was Q1 2024 (a gain of 14.73 percentage points); the low point was Q1 2023 (a drop of 9.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.19% (Q1 2026), 29.34% (Q4 2025) and 10.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 18.42% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 12.45% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 27.16% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 28.30% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 27.13% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 11.74% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 14.67% |
| 10 | Westinghouse Air Brake Technologies | 49.25 Bn | 46.76 Bn | 1.16 Bn | 11.92% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.92% |
| Mar 31, 2026 | 5.19% |
| Dec 31, 2025 | 29.34% |
| Sep 30, 2025 | 10.81% |
| Jun 30, 2025 | 6.28% |
| Mar 31, 2025 | 5.63% |
| Dec 31, 2024 | 24.74% |
| Sep 30, 2024 | 18.63% |
| Jun 30, 2024 | 7.15% |
| Mar 31, 2024 | 12.13% |
| Dec 31, 2023 | 24.11% |
| Sep 30, 2023 | 15.14% |
| Jun 30, 2023 | 3.20% |
| Mar 31, 2023 | -2.60% |
| Dec 31, 2022 | 14.87% |
| Sep 30, 2022 | 8.27% |
| Jun 30, 2022 | 11.38% |
| Mar 31, 2022 | 7.32% |
| Dec 31, 2021 | 12.64% |
| Sep 30, 2021 | 11.59% |
Westinghouse Air Brake Technologies FCF 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=fcf-margin&ticker=WAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=WAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();