Westinghouse Air Brake Technologies (WAB) Operating Margin (2009 - 2026)

Westinghouse Air Brake Technologies (WAB) has reported Operating Margin for 18 consecutive years, with 18.87% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin rose 143.0% year-over-year to 18.87%; the trailing twelve-month figure through Jun 2026 stood at 16.39% (up 18.0% YoY), and the FY2025 full-year result was 16.06%, up 57.0% from the prior year.
• Operating Margin grew to 18.87% in Q2 2026 per WAB's latest filing, from 17.53% in the prior quarter.
• Across five years, Operating Margin topped out at 18.87% in Q2 2026 and bottomed at 10.71% in Q4 2022.
• Historically, Operating Margin has averaged 14.65% across 5 years, with a median of 13.74% in 2023.
• The sharpest annual moves came in 2022 and 2024: Operating Margin tumbled 202 bps in 2022, then jumped 392 bps in 2024.
• Over 5 years, Operating Margin stood at 10.71% in 2022, then gained by 14 bps to 12.19% in 2023, then advanced by 6 bps to 12.93% in 2024, then retreated by 7 bps to 12.01% in 2025, then surged by 57 bps to 18.87% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 18.87%, 17.53%, and 12.01% for Q2 2026, Q1 2026, and Q4 2025 respectively.