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% on a YoY basis from 12.77% in Q2 2025, and up 1.54% quarter-over-quarter from 35.97% in Q1 2026.
Analysis
Westinghouse Air Brake Technologies (WAB) Gross Margin (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies (WAB) has reported Gross Margin for 18 consecutive years, with 36.52% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 186.0% year-over-year to 36.52%; the trailing twelve-month figure through Jun 2026 stood at 34.97% (up 170.0% YoY), and the FY2025 full-year result was 34.08%, up 168.0% from the prior year.
- Gross Margin climbed to 36.52% in Q2 2026 per WAB's latest filing, from 35.97% in the prior quarter.
- Across five years, Gross Margin topped out at 36.52% in Q2 2026 and bottomed at 28.27% in Q4 2022.
- Historically, Gross Margin has averaged 32.33% across 5 years, with a median of 32.04% in 2022.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 318 bps in 2022, then jumped 302 bps in 2024.
- Over 5 years, Gross Margin stood at 28.27% in 2022, then climbed by 7 bps to 30.25% in 2023, then advanced by 2 bps to 30.86% in 2024, then gained by 6 bps to 32.58% in 2025, then gained by 12 bps to 36.52% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 36.52%, 35.97%, and 32.58% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Westinghouse Air Brake Technologies | 47.41 Bn | 46.74 Bn | 1.16 Bn | 36.52% |
| 2 | Gatx | 6.29 Bn | 6.29 Bn | 555.30 Mn | 95.72% |
| 3 | Trinity Industries | 2.25 Bn | 2.09 Bn | 109.90 Mn | 22.66% |
| 4 | Triton International | 1.42 Bn | 1.42 Bn | 622,000.00 | 2.86% |
| 5 | Greenbrier Companies | 1.32 Bn | 1.04 Bn | 81.10 Mn | 14.07% |
| 6 | Foster L B | 385.17 Mn | 379.39 Mn | 30.87 Mn | 22.28% |
| 7 | FreightCar America | 214.29 Mn | 149.99 Mn | - | - |
| 8 | GenFlat Holdings | 47.31 Mn | 43.30 Mn | -32,922.00 | - |
Historic Data
Download Data
Historic 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% |