Westinghouse Air Brake Technologies (WAB) Tax Rate (2009 - 2026)
Westinghouse Air Brake Technologies' Tax Rate came in at 23.55% for Q2 2026, down 1.11 percentage points from 24.67% a year earlier but up 0.95 percentage points from the prior quarter.
Westinghouse Air Brake Technologies (WAB) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Westinghouse Air Brake Technologies reported Tax Rate of 25.07%, up 0.82 percentage points year-over-year; for FY2025, it came in at 25.69%, up 1.36 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.34 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 24.33% in FY2024 (-0.12 pp), 24.45% in FY2023 (-0.49 pp), 24.94% in FY2022 (+1.60 pp) and 23.34% in FY2021 (-2.69 pp).
- The five-year range for quarterly Tax Rate is 17.87% (Q4 2021) to 29.90% (Q4 2025).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +0.93 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2022 (a gain of 6.41 percentage points), and the weakest in Q4 2021 (a drop of 8.88 percentage points).
- Business Quant data shows WAB's Tax Rate at 22.60% (Q1 2026), 29.90% (Q4 2025) and 26.35% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 24.54% |
| 10 | Westinghouse Air Brake Technologies | 49.25 Bn | 46.76 Bn | 1.16 Bn | 23.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.55% |
| Mar 31, 2026 | 22.60% |
| Dec 31, 2025 | 29.90% |
| Sep 30, 2025 | 26.35% |
| Jun 30, 2025 | 24.67% |
| Mar 31, 2025 | 23.24% |
| Dec 31, 2024 | 25.00% |
| Sep 30, 2024 | 24.34% |
| Jun 30, 2024 | 24.42% |
| Mar 31, 2024 | 23.69% |
| Dec 31, 2023 | 22.50% |
| Sep 30, 2023 | 24.38% |
| Jun 30, 2023 | 25.48% |
| Mar 31, 2023 | 25.75% |
| Dec 31, 2022 | 24.29% |
| Sep 30, 2022 | 24.88% |
| Jun 30, 2022 | 25.55% |
| Mar 31, 2022 | 25.00% |
| Dec 31, 2021 | 17.87% |
| Sep 30, 2021 | 24.57% |
Westinghouse Air Brake Technologies Tax Rate 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=tax-rate&ticker=WAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();