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| Date | Value |
|---|---|
| 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% |