Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026)
Westinghouse Air Brake Technologies posted quarterly Net Margin of 12.31% for Q1 2026, down 22.0% year-on-year from 15.78% in Q1 2025, and up 78.85% on a QoQ basis from 6.88% in Q4 2025.
Westinghouse Air Brake Technologies (WAB) has 18 years of Net Margin data on file, last reported 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.
- Across five years, Net Margin topped out at 12.53% in Q1 2025 and bottomed at 6.88% in Q4 2025.
- The 5-year median for Net Margin is 8.59% (2023), against an average of 9.47%.
- The widest annual swing landed in 2022, when Net Margin plunged 242 bps; it then surged 321 bps in 2024.
- A 5-year view of Net Margin shows it stood at 6.9% in 2022, then increased by 25 bps to 8.59% in 2023, then fell by 4 bps to 8.25% in 2024, then decreased by 17 bps to 6.88% in 2025, then jumped 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 | 155.75 Bn | 154.71 Bn | 5.85 Bn | 27.36% |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 23.18% |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 18.25% |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 22.83% |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 12.31% |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | -0.37% |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 1.65% |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 1.23% |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 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% |
| Mar 31, 2021 | 6.28% |
| Dec 31, 2020 | 4.27% |
| Sep 30, 2020 | 6.89% |
| Jun 30, 2020 | 4.94% |
| Mar 31, 2020 | 5.76% |
| Dec 31, 2019 | 5.81% |
| Sep 30, 2019 | 4.53% |
| Jun 30, 2019 | 4.59% |
| Mar 31, 2019 | -0.25% |
| Dec 31, 2018 | 3.11% |
| Sep 30, 2018 | 7.99% |
| Jun 30, 2018 | 7.49% |
| Mar 31, 2018 | 8.28% |
| Dec 31, 2017 | 4.62% |
| Sep 30, 2017 | 7.14% |
| Jun 30, 2017 | 7.74% |
| Mar 31, 2017 | 7.86% |
| Dec 31, 2016 | 6.10% |
| Sep 30, 2016 | 12.20% |
| Jun 30, 2016 | 12.50% |
| Mar 31, 2016 | 12.20% |
| Dec 31, 2015 | 12.22% |
| Sep 30, 2015 | 12.25% |
| Jun 30, 2015 | 11.98% |
| Mar 31, 2015 | 11.75% |
| Dec 31, 2014 | 11.29% |
| Sep 30, 2014 | 11.31% |
| Jun 30, 2014 | 12.13% |
| Mar 31, 2014 | 11.53% |
| Dec 31, 2013 | 10.86% |
| Sep 30, 2013 | 11.71% |
| Jun 30, 2013 | 11.70% |
| Mar 31, 2013 | 11.31% |
| Dec 31, 2012 | 10.71% |
| Sep 30, 2012 | 10.72% |
| Jun 30, 2012 | 10.61% |
| Mar 31, 2012 | 10.16% |
| Dec 31, 2011 | -24.58% |
| Sep 30, 2011 | 9.34% |
| Jun 30, 2011 | 7.59% |
| Mar 31, 2011 | 9.00% |
| Dec 31, 2010 | -20.97% |
| Sep 30, 2010 | 8.13% |
| Jun 30, 2010 | 8.34% |
| Mar 31, 2010 | 8.34% |
| Dec 31, 2009 | 8.80% |
| Sep 30, 2009 | 8.28% |
| Jun 30, 2009 | 9.23% |