Westinghouse Air Brake Technologies (WAB) Gross Margin (2009 - 2026)
Westinghouse Air Brake Technologies posted quarterly Gross Margin of 35.97% for Q1 2026, up 148.0% year-on-year from 14.5% in Q1 2025, and up 10.39% on a QoQ basis from 32.58% in Q4 2025.
Westinghouse Air Brake Technologies (WAB) has 18 years of Gross Margin data on file, last reported 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.
- Across five years, Gross Margin topped out at 35.97% in Q1 2026 and bottomed at 28.27% in Q4 2022.
- The 5-year median for Gross Margin is 31.49% (2022), against an average of 32.08%.
- The widest annual swing landed in 2022, when Gross Margin tumbled 318 bps; it then soared 302 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 28.27% in 2022, then advanced by 7 bps to 30.25% in 2023, then gained by 2 bps to 30.86% in 2024, then rose by 6 bps to 32.58% in 2025, then advanced 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 94.15% |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 91.33% |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 91.46% |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 87.62% |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 35.97% |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 26.20% |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 11.83% |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 21.21% |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 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% |
| Mar 31, 2021 | 29.18% |
| Dec 31, 2020 | 24.98% |
| Sep 30, 2020 | 30.36% |
| Jun 30, 2020 | 28.01% |
| Mar 31, 2020 | 29.99% |
| Dec 31, 2019 | 28.50% |
| Sep 30, 2019 | 29.94% |
| Jun 30, 2019 | 27.49% |
| Mar 31, 2019 | 24.41% |
| Dec 31, 2018 | 26.57% |
| Sep 30, 2018 | 28.02% |
| Jun 30, 2018 | 29.14% |
| Mar 31, 2018 | 29.44% |
| Dec 31, 2017 | 24.96% |
| Sep 30, 2017 | 26.43% |
| Jun 30, 2017 | 29.39% |
| Mar 31, 2017 | 29.44% |
| Dec 31, 2016 | 28.84% |
| Sep 30, 2016 | 31.45% |
| Jun 30, 2016 | 32.81% |
| Mar 31, 2016 | 33.05% |
| Dec 31, 2015 | 32.13% |
| Sep 30, 2015 | 31.76% |
| Jun 30, 2015 | 31.61% |
| Mar 31, 2015 | 31.19% |
| Dec 31, 2014 | 30.98% |
| Sep 30, 2014 | 31.04% |
| Jun 30, 2014 | 30.73% |
| Mar 31, 2014 | 30.14% |
| Dec 31, 2013 | 29.37% |
| Sep 30, 2013 | 29.80% |
| Jun 30, 2013 | 30.23% |
| Mar 31, 2013 | 29.71% |
| Dec 31, 2012 | 29.57% |
| Sep 30, 2012 | 29.15% |
| Jun 30, 2012 | 28.44% |
| Mar 31, 2012 | 29.04% |
| Dec 31, 2011 | 27.56% |
| Sep 30, 2011 | 29.50% |
| Jun 30, 2011 | 29.81% |
| Mar 31, 2011 | 29.26% |
| Dec 31, 2010 | 30.00% |
| Sep 30, 2010 | 29.08% |
| Jun 30, 2010 | 30.33% |
| Mar 31, 2010 | 29.78% |
| Dec 31, 2009 | 27.75% |
| Sep 30, 2009 | 28.70% |
| Jun 30, 2009 | 27.44% |