Westinghouse Air Brake Technologies (WAB) Tax Rate (2009 - 2026)
Westinghouse Air Brake Technologies (WAB) reported Tax Rate of 22.6% for Q1 2026, down 64.0% on a YoY basis from 62.78% in Q1 2025, and down 24.4% quarter-over-quarter from 29.9% in Q4 2025.
Westinghouse Air Brake Technologies (WAB) Tax Rate (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies has reported Tax Rate for 18 years, with the latest figure at 22.6% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 64.0% year-over-year to 22.6%; the trailing twelve-month figure through Mar 2026 stood at 25.44% (up 128.0% YoY), and the FY2025 full-year result was 25.69%, up 136.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.6%, down from 29.9% in the prior quarter.
- The five-year high for Tax Rate was 29.9% in Q4 2025, with the low at 22.5% in Q4 2023.
- Historically, Tax Rate has averaged 24.83% across 5 years, with a median of 24.67% in 2025.
- The largest YoY upside for Tax Rate was 641 bps in 2022 against a maximum downside of 222 bps in 2022.
- Westinghouse Air Brake Technologies' Tax Rate stood at 24.29% in 2022, then decreased by 7 bps to 22.5% in 2023, then rose by 11 bps to 25.0% in 2024, then grew by 20 bps to 29.9% in 2025, then slipped by 24 bps to 22.6% in 2026.
- The last three Tax Rate figures came in at 22.6% (Q1 2026), 29.9% (Q4 2025), and 26.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 23.69 |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 24.08 |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 23.50 |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 24.55 |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 22.60 |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 24.22 |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 14.91 |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | -5.74 |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | - |
| 10 | FreightCar America | 178.32 Mn | 114.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.60% |
| Mar 31, 2026 | 22.60% |
| Dec 31, 2025 | 29.90% |
| Dec 31, 2025 | 29.90% |
| Sep 30, 2025 | 26.35% |
| Sep 30, 2025 | 26.35% |
| Jun 30, 2025 | 24.67% |
| Jun 30, 2025 | 24.67% |
| Mar 31, 2025 | 23.24% |
| Mar 31, 2025 | 23.24% |
| Dec 31, 2024 | 25.00% |
| Dec 31, 2024 | 25.00% |
| Sep 30, 2024 | 24.34% |
| Sep 30, 2024 | 24.34% |
| Jun 30, 2024 | 24.42% |
| Jun 30, 2024 | 24.42% |
| Mar 31, 2024 | 23.69% |
| Mar 31, 2024 | 23.69% |
| Dec 31, 2023 | 22.50% |
| Dec 31, 2023 | 22.50% |