
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


Westinghouse Air Brake Technologies Corp (WAB)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/15/2025: WAB (4-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $226.12
1 Year Target Price $226.12
6 | Strong Buy |
1 | Buy |
5 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 63.46% | Avg. Invested days 59 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 32.28B USD | Price to earnings Ratio 28.18 | 1Y Target Price 226.12 |
Price to earnings Ratio 28.18 | 1Y Target Price 226.12 | ||
Volume (30-day avg) 12 | Beta 1.11 | 52 Weeks Range 151.43 - 215.82 | Updated Date 09/15/2025 |
52 Weeks Range 151.43 - 215.82 | Updated Date 09/15/2025 | ||
Dividends yield (FY) 0.47% | Basic EPS (TTM) 6.7 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 10.92% | Operating Margin (TTM) 18.48% |
Management Effectiveness
Return on Assets (TTM) 5.61% | Return on Equity (TTM) 10.91% |
Valuation
Trailing PE 28.18 | Forward PE 23.75 | Enterprise Value 35577378881 | Price to Sales(TTM) 3.06 |
Enterprise Value 35577378881 | Price to Sales(TTM) 3.06 | ||
Enterprise Value to Revenue 3.37 | Enterprise Value to EBITDA 16.24 | Shares Outstanding 170952992 | Shares Floating 168882934 |
Shares Outstanding 170952992 | Shares Floating 168882934 | ||
Percent Insiders 1.1 | Percent Institutions 95.31 |
Upturn AI SWOT
Westinghouse Air Brake Technologies Corp

Company Overview
History and Background
Westinghouse Air Brake Technologies Corp (WABCO) was formed in 1999 from the merger of Westinghouse Air Brake Company and MotivePower Industries. Westinghouse Air Brake Company had roots dating back to 1869 with George Westinghouse's invention of the air brake. The company evolved through acquisitions and innovation, becoming a leading provider of technology and services for the rail and transit industries.
Core Business Areas
- Freight: Offers a comprehensive portfolio of freight car equipment, digital solutions, and service offerings for new and existing freight cars, locomotives, and railway infrastructure around the world.
- Transit: Provides a wide range of products and services for passenger transit vehicles, including brakes, doors, HVAC, and other systems.
Leadership and Structure
The leadership team is headed by the CEO. The organizational structure is divided into business units based on product lines and geographic regions, with support functions such as finance, human resources, and legal.
Top Products and Market Share
Key Offerings
- Braking Systems: Wabtec's braking systems are critical for rail safety and efficiency. They serve a global market, competing with Knorr-Bremse. Market share data is difficult to obtain specifically for braking systems, but Wabtec and Knorr-Bremse are considered market leaders.
- Competitors: Knorr-Bremse
- Number of users: Servicing all major rail transportation companies Globally
- Competitors: Siemens, Alstom
- Digital Solutions: Provides software and analytics solutions for rail operators to improve efficiency, safety, and asset utilization. Competitors include Siemens and Alstom. Market share is growing, but still less dominant that braking. Revenue data is not separated by product type
- Number of users: Not Easily Measured, but growing
Market Dynamics
Industry Overview
The rail industry is experiencing growth driven by increasing freight volumes, urbanization, and the need for sustainable transportation solutions. Digitalization and automation are key trends.
Positioning
WABCO is a major player in the rail equipment and services market, with a strong global presence and a diversified product portfolio. It has a competitive advantage in its installed base and technological expertise.
Total Addressable Market (TAM)
The global rail transport market is estimated to be hundreds of billions of dollars. WABCO is positioned to capture a significant share through its diverse offerings and global reach.
Upturn SWOT Analysis
Strengths
- Strong global presence
- Diversified product portfolio
- Extensive installed base
- Technological expertise
- Strong aftermarket services
Weaknesses
- Dependence on rail industry cycles
- Exposure to commodity price fluctuations
- Integration risks associated with acquisitions
- High R&D expenses
Opportunities
- Growing rail freight volumes
- Increasing urbanization and demand for passenger transit
- Adoption of digital technologies in rail
- Expansion into emerging markets
- Government investments in rail infrastructure
Threats
- Economic downturns
- Competition from other transportation modes
- Technological disruptions
- Regulatory changes
- Geopolitical risks
Competitors and Market Share
Key Competitors
- SIEMENS (SIE.DE)
- ALSTOM (ALO.PA)
- KNORR-BREMSE (KBX.DE)
Competitive Landscape
WAB has a broad product portfolio and global reach, while Siemens and Alstom have strengths in signalling and train manufacturing, and Knorr-Bremse focuses on braking systems.
Major Acquisitions
Nordco
- Year: 2021
- Acquisition Price (USD millions): 400
- Strategic Rationale: Expands Wabtec's presence in the rail maintenance-of-way market.
Growth Trajectory and Initiatives
Historical Growth: Needs financial data. Acquisitions and market growth should be mentioned here.
Future Projections: Analyst estimates predict moderate growth driven by increased rail activity and digitalization.
Recent Initiatives: Recent intiatives include acquisitions to improve service offering.
Summary
Westinghouse Air Brake Technologies Corp (WAB) is a well-established player in the rail industry, benefiting from its diversified product portfolio and global reach. Its strong installed base and aftermarket services provide a stable revenue stream. However, WAB is exposed to cyclical industry trends and faces competition from other transportation modes. Future growth hinges on capitalizing on digitalization trends and expanding into emerging markets.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Analyst Reports
- Press Releases
Disclaimers:
This analysis is based on publicly available information and should not be considered investment advice. Financial data is incomplete; results were calculated using estimations.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Westinghouse Air Brake Technologies Corp
Exchange NYSE | Headquaters Pittsburgh, PA, United States | ||
IPO Launch date 1995-06-20 | CEO, President & Director Mr. Rafael Ottoni Santana | ||
Sector Industrials | Industry Railroads | Full time employees 29500 | Website https://www.wabteccorp.com |
Full time employees 29500 | Website https://www.wabteccorp.com |
Westinghouse Air Brake Technologies Corporation provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, train cruise controls, and train remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. It provides freight car trucks, braking equipment, and related components; air compressors and dryers, as well as heating, ventilation, and air conditioning (HVAC) systems; heat transfer components and systems; custom engineered burners and combustion systems; rail gear, signaling, and switch products; and turbochargers. The company also offers various services, such as freight locomotive overhauls, modernizations, and refurbishment; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; long term parts arrangements; and maintenance of way equipment and services. It provides railway and freight braking equipment and related components; brake shoes, discs, and pads; HVAC equipment; access and platform screen doors; pantographs; auxiliary power converters and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.