Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026)
Westinghouse Air Brake Technologies' (WAB) quarterly Net Margin came in at 12.46% in Q2 2026, down 7.0% on a YoY basis from 13.39% in Q2 2025, and up 1.23% quarter-over-quarter from 12.31% in Q1 2026.
Analysis
Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies (WAB) has reported Net Margin for 18 consecutive years, with 12.46% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 7.0% year-over-year to 12.46%; the trailing twelve-month figure through Jun 2026 stood at 10.65% (down 38.0% YoY), and the FY2025 full-year result was 10.59%, up 32.0% from the prior year.
- Net Margin climbed to 12.46% in Q2 2026 per WAB's latest filing, from 12.31% in the prior quarter.
- Across five years, Net Margin topped out at 12.53% in Q1 2025 and bottomed at 6.88% in Q4 2025.
- Historically, Net Margin has averaged 9.63% across 5 years, with a median of 9.04% in 2023.
- The sharpest annual moves came in 2022 and 2024: Net Margin tumbled 242 bps in 2022, then soared 321 bps in 2024.
- Over 5 years, Net Margin stood at 6.9% in 2022, then rose by 25 bps to 8.59% in 2023, then retreated by 4 bps to 8.25% in 2024, then slipped by 17 bps to 6.88% in 2025, then jumped by 81 bps to 12.46% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 12.46%, 12.31%, and 6.88% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Westinghouse Air Brake Technologies | 46.92 Bn | 46.25 Bn | 1.16 Bn | 12.46% |
| 2 | Gatx | 6.25 Bn | 6.25 Bn | 555.30 Mn | 12.72% |
| 3 | Trinity Industries | 2.22 Bn | 2.06 Bn | 109.90 Mn | 20.26% |
| 4 | Triton International | 1.42 Bn | 1.42 Bn | 622,000.00 | 397.51% |
| 5 | Greenbrier Companies | 1.32 Bn | 1.04 Bn | 81.10 Mn | 2.15% |
| 6 | Foster L B | 388.69 Mn | 382.91 Mn | 30.87 Mn | 2.25% |
| 7 | FreightCar America | 213.01 Mn | 148.72 Mn | - | - |
| 8 | GenFlat Holdings | 47.31 Mn | 43.30 Mn | -32,922.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.46% |
| 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% |