Westinghouse Air Brake Technologies (WAB) Gross Margin (2009 - 2026)
Westinghouse Air Brake Technologies (WAB) reported Gross Margin of 35.97% for Q1 2026, up 148.0% on a YoY basis from 14.5% in Q1 2025, and up 10.39% quarter-over-quarter from 32.58% in Q4 2025.
Westinghouse Air Brake Technologies (WAB) Gross Margin (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies has reported Gross Margin for 18 years, with the latest figure at 35.97% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 148.0% year-over-year to 35.97%; the trailing twelve-month figure through Mar 2026 stood at 34.47% (up 161.0% YoY), and the FY2025 full-year result was 34.08%, up 168.0% from the prior year.
- Gross Margin for Q1 2026 stood at 35.97%, up from 32.58% in the prior quarter.
- The five-year high for Gross Margin was 35.97% in Q1 2026, with the low at 28.27% in Q4 2022.
- Historically, Gross Margin has averaged 32.08% across 5 years, with a median of 31.49% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin sank 318 bps — and 2024, when it soared 302 bps.
- Westinghouse Air Brake Technologies' Gross Margin stood at 28.27% in 2022, then gained by 7 bps to 30.25% in 2023, then rose by 2 bps to 30.86% in 2024, then increased by 6 bps to 32.58% in 2025, then gained by 10 bps to 35.97% in 2026.
- The last three Gross Margin figures came in at 35.97% (Q1 2026), 32.58% (Q4 2025), and 34.72% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 94.15% |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 91.33% |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 91.46% |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 87.62% |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 35.97% |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 26.20% |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 11.83% |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 21.21% |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | 40.32% |
| 10 | FreightCar America | 178.32 Mn | 114.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.97% |
| Dec 31, 2025 | 32.58% |
| Sep 30, 2025 | 34.72% |
| Jun 30, 2025 | 34.66% |
| Mar 31, 2025 | 34.48% |
| Dec 31, 2024 | 30.86% |
| Sep 30, 2024 | 33.05% |
| Jun 30, 2024 | 33.06% |
| Mar 31, 2024 | 32.64% |
| Dec 31, 2023 | 30.25% |
| Sep 30, 2023 | 31.06% |
| Jun 30, 2023 | 30.04% |
| Mar 31, 2023 | 30.31% |
| Dec 31, 2022 | 28.27% |
| Sep 30, 2022 | 31.14% |
| Jun 30, 2022 | 31.49% |
| Mar 31, 2022 | 30.88% |
| Dec 31, 2021 | 31.45% |
| Sep 30, 2021 | 31.62% |
| Jun 30, 2021 | 28.83% |