Westinghouse Air Brake Technologies (WAB) Return on Invested Capital [ROIC] (2010 - 2026)
Westinghouse Air Brake Technologies (WAB) recorded Return on Invested Capital [ROIC] of 8.29% in Q2 2026, down 0.35 percentage points from 8.64% a year earlier but up 0.34 percentage points from the prior quarter.
Westinghouse Air Brake Technologies (WAB) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Westinghouse Air Brake Technologies reported Return on Invested Capital [ROIC] of 8.64%, up 0.16 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for five straight years, with a five-year change of +4.81 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 8.48% in FY2024 (+1.83 pp), 6.66% in FY2023 (+1.32 pp), 5.34% in FY2022 (+0.65 pp) and 4.68% in FY2021 (+0.86 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 3.99% in Q3 2021 to 8.88% in Q1 2025 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of +0.56 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 2.31 percentage points in Q2 2024, against a drop of 0.93 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.95% (Q1 2026), 8.05% (Q4 2025) and 8.32% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 15.86% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 16.52% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 9.33% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 10.34% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 15.40% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 23.98% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 10.94% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 22.67% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 27.10% |
| 10 | Westinghouse Air Brake Technologies | 48.65 Bn | 46.16 Bn | 1.16 Bn | 8.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.29% |
| Mar 31, 2026 | 7.95% |
| Dec 31, 2025 | 8.05% |
| Sep 30, 2025 | 8.32% |
| Jun 30, 2025 | 8.64% |
| Mar 31, 2025 | 8.88% |
| Dec 31, 2024 | 8.57% |
| Sep 30, 2024 | 8.37% |
| Jun 30, 2024 | 7.98% |
| Mar 31, 2024 | 7.33% |
| Dec 31, 2023 | 6.59% |
| Sep 30, 2023 | 6.23% |
| Jun 30, 2023 | 5.68% |
| Mar 31, 2023 | 5.52% |
| Dec 31, 2022 | 5.39% |
| Sep 30, 2022 | 5.61% |
| Jun 30, 2022 | 5.32% |
| Mar 31, 2022 | 4.97% |
| Dec 31, 2021 | 4.70% |
| Sep 30, 2021 | 3.99% |
Westinghouse Air Brake Technologies Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=WAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=WAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();