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Wabtec
WAB · NYSEIndustrials — Rail
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
$47B
P/E ratio
39×
Div yield
0.5%
EPS (TTM)
$7.08
Profit margin
11%
Rev. growth
+8%
Revenue
$11.2B
Backlog
~$8.2B
In plain English
Westinghouse Air Brake Technologies (Wabtec) is the company behind the freight train. After absorbing GE Transportation in 2019, it builds the diesel and battery locomotives, braking systems and digital controls that move North American freight — then earns for decades on the parts, overhauls and software those locomotives need. A second Transit business supplies the brakes, doors and HVAC on passenger metros and trains worldwide.
In simple terms
What Wabtec really sells
Westinghouse Air Brake Technologies (Wabtec) is the company behind the freight train. After absorbing GE Transportation in 2019, it builds the diesel and battery locomotives, braking systems and digital controls that move North American freight — then earns for decades on the parts, overhauls and software those locomotives need. A second Transit business supplies the brakes, doors and HVAC on passenger metros and trains worldwide.
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Risk read
SteadierMore speculative
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