Westinghouse Air Brake Technologies (WAB) Invested Capital (2009 - 2026)
Westinghouse Air Brake Technologies' Invested Capital came in at $17.82 billion for Q2 2026, up 14.0% from $15.63 billion a year earlier and up 0.7% from the prior quarter.
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Analysis
Westinghouse Air Brake Technologies (WAB) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Westinghouse Air Brake Technologies' Invested Capital was $16.73 billion, up 18.6% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- Going back by year, Invested Capital was $14.11 billion in FY2024 (-3.3%), $14.59 billion in FY2023 (+3.1%), $14.15 billion in FY2022 (-1.0%) and $14.3 billion in FY2021 (-0.7%).
- The Q2 2026 figure represents the highest quarterly Invested Capital in data going back to Q4 2009.
- Year-over-year, Invested Capital has increased for five consecutive quarters, with growth averaging 9.1% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q1 2026 (growth of 22.7%), and the weakest in Q4 2024 (a decline of 3.3%).
- Business Quant data shows WAB's Invested Capital at $17.69 billion (Q1 2026), $16.73 billion (Q4 2025) and $16.38 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 314.93 Bn | 286.62 Bn | 7.76 Bn | 64.54 Bn |
| 2 | Amphenol | 179.86 Bn | 174.44 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 171.32 Bn | 139.41 Bn | 4.66 Bn | 85.74 Bn |
| 4 | Eaton | 141.15 Bn | 138.34 Bn | 2.86 Bn | 40.91 Bn |
| 5 | Parker-Hannifin | 110.85 Bn | 108.97 Bn | 2.25 Bn | 23.93 Bn |
| 6 | Emerson Electric | 89.06 Bn | 81.80 Bn | 2.66 Bn | 33.51 Bn |
| 7 | 3M | 88.96 Bn | 70.40 Bn | 2.78 Bn | 19.17 Bn |
| 8 | Illinois Tool Works | 78.47 Bn | 75.03 Bn | 1.90 Bn | 12.59 Bn |
| 9 | Vertiv Holdings | 73.96 Bn | 64.58 Bn | 1.23 Bn | 7.70 Bn |
| 10 | Westinghouse Air Brake Technologies | 46.21 Bn | 43.69 Bn | 1.16 Bn | 17.82 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.82 Bn |
| Mar 31, 2026 | 17.69 Bn |
| Dec 31, 2025 | 16.73 Bn |
| Sep 30, 2025 | 16.38 Bn |
| Jun 30, 2025 | 15.63 Bn |
| Mar 31, 2025 | 14.42 Bn |
| Dec 31, 2024 | 14.11 Bn |
| Sep 30, 2024 | 14.31 Bn |
| Jun 30, 2024 | 14.52 Bn |
| Mar 31, 2024 | 14.50 Bn |
| Dec 31, 2023 | 14.59 Bn |
| Sep 30, 2023 | 14.41 Bn |
| Jun 30, 2023 | 14.62 Bn |
| Mar 31, 2023 | 14.30 Bn |
| Dec 31, 2022 | 14.15 Bn |
| Sep 30, 2022 | 14.00 Bn |
| Jun 30, 2022 | 14.16 Bn |
| Mar 31, 2022 | 14.33 Bn |
| Dec 31, 2021 | 14.30 Bn |
| Sep 30, 2021 | 14.26 Bn |
API Access
Westinghouse Air Brake Technologies Invested Capital 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=invested-capital&ticker=WAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=WAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();