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

Westinghouse Air Brake Technologies has reported Operating Margin for 18 years, with the latest figure at 17.53% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 64.0% year-over-year to 17.53%; the trailing twelve-month figure through Mar 2026 stood at 15.96% (up 4.0% YoY), and the FY2025 full-year result was 16.06%, up 57.0% from the prior year.
• Operating Margin for Q1 2026 stood at 17.53%, up from 12.01% in the prior quarter.
• The five-year high for Operating Margin was 18.16% in Q1 2025, with the low at 10.71% in Q4 2022.
• Historically, Operating Margin has averaged 14.41% across 5 years, with a median of 12.96% in 2023.
• Annual changes were most pronounced in 2022 — Operating Margin slumped 202 bps — and 2024, when it soared 392 bps.
• Westinghouse Air Brake Technologies' Operating Margin stood at 10.71% in 2022, then increased by 14 bps to 12.19% in 2023, then rose by 6 bps to 12.93% in 2024, then declined by 7 bps to 12.01% in 2025, then surged by 46 bps to 17.53% in 2026.
• The last three Operating Margin figures came in at 17.53% (Q1 2026), 12.01% (Q4 2025), and 17.01% (Q3 2025), per Business Quant data.