Westinghouse Air Brake Technologies (WAB) Gross Margin (2009 - 2026)
Westinghouse Air Brake Technologies' (WAB) quarterly Gross Margin came in at 36.52% in Q2 2026, up 186.0% YoY from 12.77% in Q2 2025, and up 1.54% on a QoQ basis from 35.97% in Q1 2026.
Westinghouse Air Brake Technologies (WAB) Gross Margin (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies (WAB) has 18 years of Gross Margin data on file, last reported at 36.52% in Q2 2026.
- Quarterly Gross Margin rose 186.0% year-over-year to 36.52% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 34.97% (up 170.0% YoY) and the FY2025 annual result came in at 34.08%, up 168.0% from the prior year.
- Gross Margin rose to 36.52% in Q2 2026, from 35.97% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 36.52% in Q2 2026 to a low of 28.27% in Q4 2022.
- A 5-year average of 32.33% and a median of 32.04% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 318 bps — and 2024, when it soared 302 bps.
- Tracing WAB's Gross Margin over 5 years: 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 increased by 12 bps to 36.52% in 2026.
- The last three Gross Margin figures came in at 36.52% (Q2 2026), 35.97% (Q1 2026), and 32.58% (Q4 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 | 180.52 Bn | 178.40 Bn | 6.50 Bn | 94.73% |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 83.63% |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 96.88% |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | - |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | - |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 36.52% |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 22.66% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 14.07% |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 22.28% |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.52% |
| 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% |