Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026)

Westinghouse Air Brake Technologies (WAB) reported Net Margin of 12.31% for Q1 2026, down 22.0% on a YoY basis from 15.78% in Q1 2025, and up 78.85% quarter-over-quarter from 6.88% in Q4 2025.

Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026) Analysis & Trends

Westinghouse Air Brake Technologies has reported Net Margin for 18 years, with the latest figure at 12.31% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 22.0% year-over-year to 12.31%; the trailing twelve-month figure through Mar 2026 stood at 10.59% (down 4.0% YoY), and the FY2025 full-year result was 10.59%, up 32.0% from the prior year.
  • Net Margin for Q1 2026 stood at 12.31%, up from 6.88% in the prior quarter.
  • The five-year high for Net Margin was 12.53% in Q1 2025, with the low at 6.88% in Q4 2025.
  • Historically, Net Margin has averaged 9.47% across 5 years, with a median of 8.59% in 2023.
  • Annual changes were most pronounced in 2022 — Net Margin slumped 242 bps — and 2024, when it surged 321 bps.
  • Westinghouse Air Brake Technologies' Net Margin stood at 6.9% in 2022, then grew by 25 bps to 8.59% in 2023, then declined by 4 bps to 8.25% in 2024, then retreated by 17 bps to 6.88% in 2025, then soared by 79 bps to 12.31% in 2026.
  • The last three Net Margin figures came in at 12.31% (Q1 2026), 6.88% (Q4 2025), and 10.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 27.36%
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 23.18%
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 18.25%
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 22.83%
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 12.31%
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn -0.37%
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 1.65%
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn 1.23%
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 -482.40%
10 FreightCar America 178.32 Mn 114.02 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 12.31%
Dec 31, 2025 6.88%
Sep 30, 2025 10.85%
Jun 30, 2025 12.53%
Mar 31, 2025 12.53%
Dec 31, 2024 8.25%
Sep 30, 2024 10.74%
Jun 30, 2024 11.01%
Mar 31, 2024 11.09%
Dec 31, 2023 8.59%
Sep 30, 2023 9.49%
Jun 30, 2023 8.02%
Mar 31, 2023 7.89%
Dec 31, 2022 6.90%
Sep 30, 2022 7.83%
Jun 30, 2022 8.25%
Mar 31, 2022 7.78%
Dec 31, 2021 9.31%
Sep 30, 2021 6.92%
Jun 30, 2021 6.21%