WAB logo WAB
Upturn stock rating
WAB logo

Westinghouse Air Brake Technologies Corp (WAB)

Upturn stock rating
$204.44
Last Close (24-hour delay)
Profit since last BUY2.18%
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BUY since 21 days
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Upturn Advisory Summary

10/31/2025: WAB (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

12 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $231.5

1 Year Target Price $231.5

Analysts Price Target For last 52 week
$231.5 Target price
52w Low $151.43
Current$204.44
52w High $215.82

Analysis of Past Performance

Type Stock
Historic Profit 67.02%
Avg. Invested days 53
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/31/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 34.95B USD
Price to earnings Ratio 29.67
1Y Target Price 231.5
Price to earnings Ratio 29.67
1Y Target Price 231.5
Volume (30-day avg) 12
Beta 1.1
52 Weeks Range 151.43 - 215.82
Updated Date 11/3/2025
52 Weeks Range 151.43 - 215.82
Updated Date 11/3/2025
Dividends yield (FY) 0.47%
Basic EPS (TTM) 6.89

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 2025-10-22
When -
Estimate 2.27
Actual 2.32

Profitability

Profit Margin 10.94%
Operating Margin (TTM) 18.47%

Management Effectiveness

Return on Assets (TTM) 5.86%
Return on Equity (TTM) 11.15%

Valuation

Trailing PE 29.67
Forward PE 23.75
Enterprise Value 37124505132
Price to Sales(TTM) 3.24
Enterprise Value 37124505132
Price to Sales(TTM) 3.24
Enterprise Value to Revenue 3.51
Enterprise Value to EBITDA 16.94
Shares Outstanding 170957186
Shares Floating 168895442
Shares Outstanding 170957186
Shares Floating 168895442
Percent Insiders 1.1
Percent Institutions 93.99

ai summary icon Upturn AI SWOT

Westinghouse Air Brake Technologies Corp

stock logo

Company Overview

overview logo History and Background

Westinghouse Air Brake Technologies Corp (Wabtec) was formed in 1999 through the merger of Westinghouse Air Brake Company and MotivePower Industries. Westinghouse Air Brake traces its roots back to 1869. The company has grown through organic expansion and acquisitions, becoming a major player in the rail industry.

business area logo Core Business Areas

  • Freight: Provides a comprehensive range of products and services for freight cars, locomotives, and associated systems. This includes braking systems, train control systems, and digital solutions.
  • Transit: Offers products and services for passenger transit vehicles, including commuter rail, light rail, and metro systems. Key offerings include braking systems, door systems, and HVAC systems.

leadership logo Leadership and Structure

Rafael Santana is the current President and CEO. Wabtec operates with a divisional structure, separating its Freight and Transit segments. The company has a global presence, with manufacturing and service facilities in numerous countries.

Top Products and Market Share

overview logo Key Offerings

  • Braking Systems: Wabtec is a leading supplier of braking systems for both freight and passenger rail. Market share is estimated to be around 30-35% globally. Competitors include Knorr-Bremse and Siemens. Revenue is embedded in the Freight and Transit segment revenue. It is impossible to parse out the exact revenue from just breaking systems.
  • Train Control Systems: Offers advanced train control systems, including PTC (Positive Train Control) solutions. This market is growing due to increased safety regulations. Siemens, Alstom, and Hitachi Rail are competitors. Revenue is embedded in the Freight and Transit segment revenue. It is impossible to parse out the exact revenue from just train control systems.
  • Locomotive Modernization: Provides modernization and overhaul services for locomotives, extending their lifespan and improving performance. This is a significant source of revenue for the Freight segment. Competitors include Progress Rail (Caterpillar) and GE Transportation (now Wabtec). Revenue is embedded in the Freight and Transit segment revenue. It is impossible to parse out the exact revenue from just locomotive modernization.

Market Dynamics

industry overview logo Industry Overview

The rail industry is experiencing moderate growth, driven by increasing freight volumes, urbanization, and government investments in infrastructure. There is a growing emphasis on safety, efficiency, and sustainability, leading to demand for advanced technologies.

Positioning

Wabtec is a leading player in the rail equipment and services market, with a strong global presence and a comprehensive product portfolio. Its competitive advantages include its large installed base, technological expertise, and strong customer relationships.

Total Addressable Market (TAM)

The global rail equipment market is estimated to be worth over $80 billion. Wabtec is well-positioned to capture a significant share of this market, with a focus on high-growth segments such as train control and digital solutions.

Upturn SWOT Analysis

Strengths

  • Strong market position
  • Comprehensive product portfolio
  • Global presence
  • Technological expertise
  • Large installed base

Weaknesses

  • Dependence on cyclical industries
  • Exposure to commodity price fluctuations
  • Integration risks from acquisitions
  • High debt load

Opportunities

  • Growing demand for rail transportation
  • Increasing investments in rail infrastructure
  • Adoption of advanced technologies
  • Expansion into new markets
  • Increased outsourcing of rail services

Threats

  • Economic downturns
  • Competition from other transportation modes
  • Technological disruptions
  • Changes in government regulations
  • Geopolitical risks

Competitors and Market Share

competitor logo Key Competitors

  • SI (Siemens AG)
  • KNX (Knorr-Bremse AG)
  • CAT (Caterpillar Inc.)

Competitive Landscape

Wabtec's competitive advantages include its comprehensive product portfolio, global presence, and large installed base. However, it faces competition from other large players in the rail industry.

Major Acquisitions

Nordco

  • Year: 2021
  • Acquisition Price (USD millions): 400
  • Strategic Rationale: Expanded Wabtec's track maintenance equipment and services offerings.

Faiveley Transport

  • Year: 2016
  • Acquisition Price (USD millions): 1800
  • Strategic Rationale: Expanded Wabtec's presence in the transit market and enhanced its product portfolio.

Growth Trajectory and Initiatives

Historical Growth: Wabtec has experienced growth through organic expansion and acquisitions. Historical growth rates would be analyzed based on revenue and earnings data.

Future Projections: Analyst estimates suggest continued growth for Wabtec, driven by increasing demand for rail transportation and its focus on advanced technologies. Revenue growth might be forecasted at 3-5% annually.

Recent Initiatives: Recent initiatives include acquisitions to expand its product portfolio and investments in research and development to develop new technologies.

Summary

Westinghouse Air Brake Technologies Corp (Wabtec) holds a strong position in the rail industry, benefiting from its comprehensive product portfolio and global presence. The company's growth is fueled by increasing demand for rail transportation and investments in advanced technologies. While facing competition and cyclical industry pressures, Wabtec's strategic initiatives and acquisitions position it for continued growth. Wabtec should be careful of integrating acquisitions.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Financial data is approximate and may not be up-to-date.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization 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
Full time employees 29500

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.