WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
WAB Industrials · Capital GoodsEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▼−17 over range · as of 2026-06-30
Revenue +17.5% YoY, earnings +17.6% YoY · sector avg 71
▲+9 over range · as of 2026-06-30
12.4% net margin, 11% return on equity, 14% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 49
▼−7 over range · as of 2026-06-30
Net debt 2.4x EBITDA, 8x interest coverage, 1.1x current ratio · sector avg 68
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $3.2B +7.8% Gross margin 36.5% +0.6pp Operating margin 18.9% +1.3pp Net margin 12.4% +0.2pp Net income $395.0M +9.1%Filings
21-09 → 26-06 · following the period bar 20 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | no filing | no filing | 10-Q Q3 2021 | 10-K FY 2021 |
All 20 filings
10-K FY 2024 2025-02-12 Pro → 10-Q Q3 2024 2024-10-23 Pro → 10-Q Q2 2024 2024-07-24 Pro → 10-Q Q1 2024 2024-04-24 Pro → 10-K FY 2023 2024-02-14 Pro → 10-Q Q3 2023 2023-10-25 Pro → 10-Q Q2 2023 2023-07-27 Pro → 10-Q Q1 2023 2023-04-26 Pro → 10-K FY 2022 2023-02-15 Pro → 10-Q Q3 2022 2022-11-01 Pro → 10-Q Q2 2022 2022-08-05 Pro → 10-Q Q1 2022 2022-04-27 Pro → 10-K FY 2021 2022-02-17 Pro → 10-Q Q3 2021 2021-10-27 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 21-09 | 2021-09-30 | $1.9B |
| 21-12 | 2021-12-31 | $2.1B |
| 22-03 | 2022-03-31 | $1.9B |
| 22-06 | 2022-06-30 | $2.0B |
| 22-09 | 2022-09-30 | $2.1B |
| 22-12 | 2022-12-31 | $2.3B |
| 23-03 | 2023-03-31 | $2.2B |
| 23-06 | 2023-06-30 | $2.4B |
| 23-09 | 2023-09-30 | $2.5B |
| 23-12 | 2023-12-31 | $2.5B |
| 24-03 | 2024-03-31 | $2.5B |
| 24-06 | 2024-06-30 | $2.6B |
| 24-09 | 2024-09-30 | $2.7B |
| 24-12 | 2024-12-31 | $2.6B |
| 25-03 | 2025-03-31 | $2.6B |
| 25-06 | 2025-06-30 | $2.7B |
| 25-09 | 2025-09-30 | $2.9B |
| 25-12 | 2025-12-31 | $3.0B |
| 26-03 | 2026-03-31 | $3.0B |
| 26-06 | 2026-06-30 | $3.2B |
| Period | Period end | Net income |
|---|---|---|
| 21-09 | 2021-09-30 | $131.0M |
| 21-12 | 2021-12-31 | $190.0M |
| 22-03 | 2022-03-31 | $149.0M |
| 22-06 | 2022-06-30 | $166.0M |
| 22-09 | 2022-09-30 | $160.0M |
| 22-12 | 2022-12-31 | $158.0M |
| 23-03 | 2023-03-31 | $169.0M |
| 23-06 | 2023-06-30 | $191.0M |
| 23-09 | 2023-09-30 | $240.0M |
| 23-12 | 2023-12-31 | $215.0M |
| 24-03 | 2024-03-31 | $272.0M |
| 24-06 | 2024-06-30 | $289.0M |
| 24-09 | 2024-09-30 | $283.0M |
| 24-12 | 2024-12-31 | $212.0M |
| 25-03 | 2025-03-31 | $322.0M |
| 25-06 | 2025-06-30 | $336.0M |
| 25-09 | 2025-09-30 | $310.0M |
| 25-12 | 2025-12-31 | $202.0M |
| 26-03 | 2026-03-31 | $362.0M |
| 26-06 | 2026-06-30 | $395.0M |
| Period | Period end | Operating income |
|---|---|---|
| 21-09 | 2021-09-30 | $217.0M |
| 21-12 | 2021-12-31 | $264.0M |
| 22-03 | 2022-03-31 | $239.0M |
| 22-06 | 2022-06-30 | $264.0M |
| 22-09 | 2022-09-30 | $261.0M |
| 22-12 | 2022-12-31 | $247.0M |
| 23-03 | 2023-03-31 | $276.0M |
| 23-06 | 2023-06-30 | $312.0M |
| 23-09 | 2023-09-30 | $370.0M |
| 23-12 | 2023-12-31 | $308.0M |
| 24-03 | 2024-03-31 | $412.0M |
| 24-06 | 2024-06-30 | $430.0M |
| 24-09 | 2024-09-30 | $433.0M |
| 24-12 | 2024-12-31 | $334.0M |
| 25-03 | 2025-03-31 | $474.0M |
| 25-06 | 2025-06-30 | $472.0M |
| 25-09 | 2025-09-30 | $491.0M |
| 25-12 | 2025-12-31 | $356.0M |
| 26-03 | 2026-03-31 | $517.0M |
| 26-06 | 2026-06-30 | $600.0M |
| Period | Period end | EBITDA |
|---|---|---|
| 21-09 | 2021-09-30 | $339.0M |
| 21-12 | 2021-12-31 | $387.0M |
| 22-03 | 2022-03-31 | $361.0M |
| 22-06 | 2022-06-30 | $382.0M |
| 22-09 | 2022-09-30 | $380.0M |
| 22-12 | 2022-12-31 | $367.0M |
| 23-03 | 2023-03-31 | $399.0M |
| 23-06 | 2023-06-30 | $435.0M |
| 23-09 | 2023-09-30 | $495.0M |
| 23-12 | 2023-12-31 | $468.0M |
| 24-03 | 2024-03-31 | $535.0M |
| 24-06 | 2024-06-30 | $548.0M |
| 24-09 | 2024-09-30 | $567.0M |
| 24-12 | 2024-12-31 | $462.0M |
| 25-03 | 2025-03-31 | $594.0M |
| 25-06 | 2025-06-30 | $589.0M |
| 25-09 | 2025-09-30 | $619.0M |
| 25-12 | 2025-12-31 | $492.0M |
| 26-03 | 2026-03-31 | $656.0M |
| 26-06 | 2026-06-30 | $743.0M |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 82 | 37 | 42 |
| 23-12 | 2023-12-31 | 64 | 41 | 45 |
| 24-03 | 2024-03-31 | 83 | 48 | 63 |
| 24-06 | 2024-06-30 | 82 | 48 | 57 |
| 24-09 | 2024-09-30 | 54 | 46 | 49 |
| 24-12 | 2024-12-31 | 35 | 45 | 48 |
| 25-03 | 2025-03-31 | 62 | 48 | 61 |
| 25-06 | 2025-06-30 | 51 | 46 | 65 |
| 25-09 | 2025-09-30 | 63 | 46 | 50 |
| 25-12 | 2025-12-31 | 59 | 41 | 32 |
| 26-03 | 2026-03-31 | 63 | 46 | 33 |
| 26-06 | 2026-06-30 | 65 | 46 | 35 |