Wabtec Inc. (WAB) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial ma...
Wabtec Inc.'s revenue increased 7.5% year over year, from $10.39B to $11.17B.
Net income increased 10.8% over the same period, from $1.06B to $1.17B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 281% in total.
Total debt increased by 23.3% to $4.29B.
The debt-to-equity ratio stands at 0.39, indicating a moderate leverage profile.
Operating cash flow declined 4.1% to $1.76B.
Wabtec Inc. maintains a healthy net profit margin of 10.5%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $2.66B+0.7% | $285.0M | $868.0M | $411.0M | $542.0M | $18.64B | $3.52B | $10.25B |
| Q4 FY2024 | $2.58B-3.0% | $212.0M | $797.0M | $334.0M | $723.0M | $18.70B | $3.48B | $10.09B |
| Q1 FY2025 | $2.61B+1.0% | $322.0M | $900.0M | $474.0M | $191.0M | $19.10B | $3.50B | $10.37B |
| Q2 FY2025 | $2.71B+3.7% | $336.0M | $938.0M | $472.0M | $209.0M | $20.39B | $4.78B | $10.80B |
| Q3 FY2025 | $2.89B+6.7% | $310.0M | $1.00B | $491.0M | $367.0M | $21.53B | $5.03B | $11.05B |
| Q4 FY2025 | $2.96B+2.7% | $202.0M | $966.0M | $356.0M | $992.0M | $22.07B | $4.29B | $11.14B |
| Q1 FY2026 | $2.95B-0.5% | $362.0M | $1.06B | $517.0M | $199.0M | $23.20B | $6.92B | $11.15B |
| Q2 FY2026 | $3.18B+7.8% | $395.0M | $1.16B | $600.0M | $441.0M | $23.13B | $6.94B | $11.24B |
Balance Sheet Summary (Q2 FY2026)
Wabtec Inc. (WAB) Financial Statements & Revenue History
Wabtec Inc. (WAB) is a US-listed stock operating in the Industrials sector, specifically the Railroad Equipment industry trading at $286.82 with a market capitalization of $48. This page provides 42 historical financial statements for Wabtec Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Wabtec Inc. reported revenue of $11.2 billion, representing 7.5% year-over-year growth. The net profit margin of 10.5% indicates moderate profitability. The debt-to-equity ratio of 0.39 shows conservative leverage.
WAB Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Wabtec Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether WAB is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track WAB's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Wabtec Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of WAB's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use WAB Financial Data
Investors use Wabtec Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare WAB's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how WAB's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View WAB's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Wabtec Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.WAB trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

