Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026)
Westinghouse Air Brake Technologies' Net Margin was 12.43% in Q2 2026, up 0.01 percentage points from 12.42% a year earlier and up 0.15 percentage points from the prior quarter.
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Analysis
Westinghouse Air Brake Technologies (WAB) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Westinghouse Air Brake Technologies' Net Margin was 10.59% through Jun 30, 2026, down 0.32 percentage points year-over-year; for FY2025, it came in at 10.48%, up 0.31 percentage points from FY2024.
- Net Margin has now increased for six consecutive years, with a five-year change of +5.00 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 10.17% in FY2024 (+1.74 pp), 8.42% in FY2023 (+0.85 pp), 7.57% in FY2022 (+0.44 pp) and 7.13% in FY2021 (+1.65 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q2 2016.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +0.31 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2021 (a gain of 4.84 percentage points); the worst was Q4 2022 (a drop of 2.31 percentage points).
- Per Business Quant data, WAB's Net Margin in the three quarters before Q2 2026 was 12.27% (Q1 2026), 6.81% (Q4 2025) and 10.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 18.95% |
| 10 | Westinghouse Air Brake Technologies | 49.25 Bn | 46.76 Bn | 1.16 Bn | 12.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.43% |
| Mar 31, 2026 | 12.27% |
| Dec 31, 2025 | 6.81% |
| Sep 30, 2025 | 10.74% |
| Jun 30, 2025 | 12.42% |
| Mar 31, 2025 | 12.34% |
| Dec 31, 2024 | 8.21% |
| Sep 30, 2024 | 10.63% |
| Jun 30, 2024 | 10.93% |
| Mar 31, 2024 | 10.89% |
| Dec 31, 2023 | 8.51% |
| Sep 30, 2023 | 9.41% |
| Jun 30, 2023 | 7.94% |
| Mar 31, 2023 | 7.70% |
| Dec 31, 2022 | 6.85% |
| Sep 30, 2022 | 7.69% |
| Jun 30, 2022 | 8.11% |
| Mar 31, 2022 | 7.73% |
| Dec 31, 2021 | 9.17% |
| Sep 30, 2021 | 6.87% |
API Access
Westinghouse Air Brake Technologies Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();