WAB

Wabtec

Industrials Railroads NYSE

About the company

Westinghouse Air Brake Technologies Corp, commonly known as Wabtec, is a leading global provider of value-added, technology-based products and services for the rail industry. With a rich history dating back to 1869, Wabtec has established itself as a pioneer in the field, constantly pushing the boundaries of innovation to meet the evolving needs of the rail transportation sector. Wabtec operates through two main business segments: Freight and Transit. The Freight segment is the primary revenue generator for the company, offering a comprehensive range of products and services tailored to the unique requirements of freight railroads worldwide. This segment focuses on enhancing safety, productivity, and efficiency in the movement of goods by providing locomotives, freight cars, braking equipment, and maintenance services. Wabtec's locomotives are known for their reliability, power, and advanced technology, ensuring optimal performance in the most demanding operational conditions. These locomotives employ cutting-edge features such as fuel-efficient engines, advanced control systems, and remote monitoring capabilities, enabling railroads to maximize operational efficiency while minimizing environmental impact. In addition to locomotives, Wabtec offers a wide range of freight car solutions designed to enhance durability, load capacity, and operational flexibility. These include innovative designs for various types of freight cars, such as boxcars, tank cars, hoppers, and intermodal units. Furthermore, the company's comprehensive suite of braking equipment ensures the safety of freight trains by delivering reliable and responsive braking performance, reducing the risk of accidents and derailments. Complementing its manufacturing capabilities, Wabtec also provides comprehensive maintenance, repair, and overhaul (MRO) services for freight rail equipment. These services aim to optimize asset utilization and minimize downtime through proactive maintenance programs, rapid response to repairs, and state-of-the-art diagnostic tools. By leveraging their expertise and technical knowledge, Wabtec's MRO services enable freight rail operators to improve overall fleet reliability, extend asset lifespan, and reduce maintenance costs. While the Freight segment forms the cornerstone of Wabtec's business, the company also excels in the Transit segment, where it offers specialized products and services for passenger rail operators around the world. With an emphasis on safety, comfort, and efficiency, Wabtec's transit solutions encompass a broad range of offerings, including locomotives, commuter cars, control systems, and passenger information systems. Wabtec's transit locomotives incorporate advanced technology and design features that prioritize energy efficiency, reduced emissions, and improved passenger experience. These locomotives are highly customizable to meet the specific requirements of each transit authority, ensuring seamless integration into existing rail networks and delivering exceptional performance in urban environments. Commuter cars developed by Wabtec are designed with passenger comfort and safety in mind. These cars offer spacious seating, ergonomic designs, and advanced amenities like Wi-Fi connectivity and on-board entertainment systems. With a focus on accessibility, Wabtec also provides innovative solutions to meet the needs of individuals with disabilities, including ramp systems, priority seating, and passenger information services tailored for those with visual or auditory impairments. Wabtec's control systems form an integral part of their transit solutions, providing operators with efficient and reliable mechanisms for train control, communications, and signaling. These systems employ advanced technologies such as positive train control (PTC), automatic train control (ATC), and communications-based train control (CBTC) to enhance operational safety, improve capacity, and optimize train movements within complex transit networks. To further enhance the passenger experience, Wabtec offers comprehensive passenger information systems that provide real-time updates on train schedules, arrival times, and service disruptions. These systems leverage cutting-edge technology, including digital signage, mobile applications, and audio announcements, ensuring that passengers are well-informed throughout their journey. With its unwavering commitment to innovation, reliability, and customer satisfaction, Wabtec continues to be a leading force in the rail industry. Through its Freight and Transit segments, the company delivers superior products and services that drive the rail sector forward, ensuring safe, efficient, and sustainable transportation solutions for the world.

Website: https://www.wabteccorp.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Industrials · 700 peers in sector

Metric WAB Sector median Vs. industry
P/E 36.21 27.09 ↑ Above average
EPS 7.07 USD 0.33 USD ↑ Above average
Dividend yield 0.41% 0.00% ↑ Above average
Profit margin 10.52% 1.69% ↑ Above average
ROE 11.31% 3.83% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Wabtec?
Westinghouse Air Brake Technologies Corp, commonly known as Wabtec, is a leading global provider of value-added, technology-based products and services for the rail industry. With a rich history dating back to 1869, Wabtec has established itself as a pioneer in the field, constantly pushing the boundaries of innovation to meet the evolving needs of the rail transportation sector. Wabtec operates through two main business segments: Freight and Transit. The Freight segment is the primary revenue generator for the company, offering a comprehensive range of products and services tailored to the unique requirements of freight railroads worldwide. This segment focuses on enhancing safety, productivity, and efficiency in the movement of goods by providing locomotives, freight cars, braking equipment, and maintenance services. Wabtec's locomotives are known for their reliability, power, and advanced technology, ensuring optimal performance in the most demanding operational conditions. These locomotives employ cutting-edge features such as fuel-efficient engines, advanced control systems, and remote monitoring capabilities, enabling railroads to maximize operational efficiency while minimizing environmental impact. In addition to locomotives, Wabtec offers a wide range of freight car solutions designed to enhance durability, load capacity, and operational flexibility. These include innovative designs for various types of freight cars, such as boxcars, tank cars, hoppers, and intermodal units. Furthermore, the company's comprehensive suite of braking equipment ensures the safety of freight trains by delivering reliable and responsive braking performance, reducing the risk of accidents and derailments. Complementing its manufacturing capabilities, Wabtec also provides comprehensive maintenance, repair, and overhaul (MRO) services for freight rail equipment. These services aim to optimize asset utilization and minimize downtime through proactive maintenance programs, rapid response to repairs, and state-of-the-art diagnostic tools. By leveraging their expertise and technical knowledge, Wabtec's MRO services enable freight rail operators to improve overall fleet reliability, extend asset lifespan, and reduce maintenance costs. While the Freight segment forms the cornerstone of Wabtec's business, the company also excels in the Transit segment, where it offers specialized products and services for passenger rail operators around the world. With an emphasis on safety, comfort, and efficiency, Wabtec's transit solutions encompass a broad range of offerings, including locomotives, commuter cars, control systems, and passenger information systems. Wabtec's transit locomotives incorporate advanced technology and design features that prioritize energy efficiency, reduced emissions, and improved passenger experience. These locomotives are highly customizable to meet the specific requirements of each transit authority, ensuring seamless integration into existing rail networks and delivering exceptional performance in urban environments. Commuter cars developed by Wabtec are designed with passenger comfort and safety in mind. These cars offer spacious seating, ergonomic designs, and advanced amenities like Wi-Fi connectivity and on-board entertainment systems. With a focus on accessibility, Wabtec also provides innovative solutions to meet the needs of individuals with disabilities, including ramp systems, priority seating, and passenger information services tailored for those with visual or auditory impairments. Wabtec's control systems form an integral part of their transit solutions, providing operators with efficient and reliable mechanisms for train control, communications, and signaling. These systems employ advanced technologies such as positive train control (PTC), automatic train control (ATC), and communications-based train control (CBTC) to enhance operational safety, improve capacity, and optimize train movements within complex transit networks. To further enhance the passenger experience, Wabtec offers comprehensive passenger information systems that provide real-time updates on train schedules, arrival times, and service disruptions. These systems leverage cutting-edge technology, including digital signage, mobile applications, and audio announcements, ensuring that passengers are well-informed throughout their journey. With its unwavering commitment to innovation, reliability, and customer satisfaction, Wabtec continues to be a leading force in the rail industry. Through its Freight and Transit segments, the company delivers superior products and services that drive the rail sector forward, ensuring safe, efficient, and sustainable transportation solutions for the world.
Are Wabtec shares expensive?
The price-to-earnings (P/E) ratio of Wabtec is 36.21 — the share price is 36.21 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 27.09). This is information, not a recommendation. (as of 2026-06-02)
How big is Wabtec?
The market capitalization of Wabtec — the combined value of all its shares — is 43.44 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Wabtec pay dividends?
The dividend yield of Wabtec is 0.41% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Wabtec belong to?
Wabtec operates in the Industrials sector, industry: Railroads.

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