Westinghouse Air Brake Technologies (WAB) Operating Income (2009 - 2026)
Westinghouse Air Brake Technologies (WAB) recorded Operating Income of $600 million in Q2 2026, up 27.1% from $472 million a year earlier and up 16.1% from the prior quarter.
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Analysis
Westinghouse Air Brake Technologies (WAB) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Westinghouse Air Brake Technologies' Operating Income came in at $1.96 billion as of Jun 30, 2026, up 14.7% year-over-year; for FY2025, it was $1.79 billion, up 11.4% from FY2024.
- Annual Operating Income has increased for eight straight years, with a five-year compound annual growth rate of 19.2% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $1.61 billion in FY2024 (+27.1%), $1.27 billion in FY2023 (+25.2%), $1.01 billion in FY2022 (+15.4%) and $876 million in FY2021 (+17.6%).
- The Q2 2026 figure is the highest quarterly Operating Income in data going back to Q2 2009.
- On a year-over-year basis, Operating Income has increased for 14 consecutive quarters, with growth averaging 13.3% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 63.4% in Q4 2021, against a decline of 6.4% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $517 million (Q1 2026), $356 million (Q4 2025) and $491 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 4.30 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 2.58 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 1.39 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 1.37 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 637.90 Mn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 1.31 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 984.00 Mn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 1.15 Bn |
| 10 | Westinghouse Air Brake Technologies | 48.65 Bn | 46.16 Bn | 1.16 Bn | 600.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 600.00 Mn |
| Mar 31, 2026 | 517.00 Mn |
| Dec 31, 2025 | 356.00 Mn |
| Sep 30, 2025 | 491.00 Mn |
| Jun 30, 2025 | 472.00 Mn |
| Mar 31, 2025 | 474.00 Mn |
| Dec 31, 2024 | 334.00 Mn |
| Sep 30, 2024 | 433.00 Mn |
| Jun 30, 2024 | 430.00 Mn |
| Mar 31, 2024 | 412.00 Mn |
| Dec 31, 2023 | 308.00 Mn |
| Sep 30, 2023 | 370.00 Mn |
| Jun 30, 2023 | 312.00 Mn |
| Mar 31, 2023 | 276.00 Mn |
| Dec 31, 2022 | 247.00 Mn |
| Sep 30, 2022 | 261.00 Mn |
| Jun 30, 2022 | 264.00 Mn |
| Mar 31, 2022 | 239.00 Mn |
| Dec 31, 2021 | 264.00 Mn |
| Sep 30, 2021 | 217.00 Mn |
API Access
Westinghouse Air Brake Technologies Operating Income 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=operating-income&ticker=WAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=WAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();