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% YoY from 13.39% in Q2 2025, and up 1.23% on a QoQ basis from 12.31% in Q1 2026.
Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies (WAB) has 18 years of Net Margin data on file, last reported at 12.46% in Q2 2026.
- Quarterly Net Margin fell 7.0% year-over-year to 12.46% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 10.65% (down 38.0% YoY) and the FY2025 annual result came in at 10.59%, up 32.0% from the prior year.
- Net Margin rose to 12.46% in Q2 2026, from 12.31% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 12.53% in Q1 2025 to a low of 6.88% in Q4 2025.
- A 5-year average of 9.63% and a median of 9.04% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin slumped 242 bps — and 2024, when it surged 321 bps.
- Tracing WAB's Net Margin over 5 years: 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 surged by 81 bps to 12.46% in 2026.
- The last three Net Margin figures came in at 12.46% (Q2 2026), 12.31% (Q1 2026), and 6.88% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 29.04% |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 25.46% |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 24.59% |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | 25.17% |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | 21.18% |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 12.46% |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 20.26% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 2.15% |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 2.25% |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | - |
Historic Data
Download 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% |