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WAB

Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.

Research, not advice.

À propos

Westinghouse Air Brake Technologies Corporation

Nom
Westinghouse Air Brake Technologies Corporation
Secteur
Industrials
Industrie
Railroads
Bourse
NYSE
Capitalisation
$46.0B
Employés
31,000
PDG
Rafael Ottoni Santana
Site web
https://www.wabteccorp.com
Marché
ALSMYCRYYFFSTRGBXKNRRYTRN

Westinghouse Air Brake Technologies Corporation (WAB) delivers a comprehensive suite of advanced technological solutions, equipment, and services tailored for the global freight railway and urban mass transit sectors. Its operations are bifurcated into two principal divisions: Freight and Transit. The Freight segment develops, produces, and maintains critical components for both newly manufactured and operational freight carriages and locomotives. This includes constructing brand-new commuter-focused locomotives, undertaking comprehensive rebuilding of freight locomotives, and delivering sophisticated railway electronic systems, positive train control (PTC) technology, signal design expertise, and related engineering provisions. This segment also furnishes essential heat exchange and cooling apparatus. Its clientele encompasses major publicly listed railway operators, equipment leasing firms, original equipment manufacturers (OEMs) of locomotives and freight cars, and various utility companies. The Transit segment is responsible for the production and upkeep of components utilized in both new and existing passenger conveyance systems, including regional and high-speed trains, subway cars, light-rail vehicles, and buses. This division also renovates subway cars and supplies HVAC (heating, ventilation, and air conditioning) systems, alongside doors for both buses and subways. This division caters to public transit agencies, municipal governments, leasing corporations, and manufacturers specializing in subway cars and buses. Beyond these core offerings, the company's extensive product portfolio further includes advanced electronically controlled pneumatic braking systems, various railway electronic devices, robust freight car undercarriages, crucial draft gears, couplers, and slack adjusters, as well as air compression and drying units. They also offer diverse heat exchange and cooling solutions, track and switch apparatus, and comprehensive railway braking components. WAB manufactures new switcher locomotives, friction products, and provides extensive overhaul, modernization, and refurbishment services for both transit and freight locomotives and cars. Additionally, their offerings extend to platform screen doors, pantographs, window assemblies, specialized couplers, accessibility lifts and ramps for public transport vehicles, and traction motors. Established in 1869, the company maintains its corporate headquarters in Pittsburgh, Pennsylvania.

Price (1 year)

Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.

Decouvert par les declarations du Congres

Insiders
—
Total bought
—

Avg buy (VWAP, 90d window) —

Total sold
$647,558

Avg sell (VWAP, 90d window) $296.09 vs last close $287.76 (-2.8%)

Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.

$560,265 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.

Last activity
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Liquidity
Liquid $249,865,303/day · 20d vol
Last synced
2026-10-15 21:11:04 Synced via automated research pipeline

Sign in to request a sync of this company's price history and timing levels.

Insider holdings as a share of total assets aren't available for this company.

Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.

Recent Form 4

Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.

Date Person Side Shares Price Value Form 4
2026-10-06 Santana Rafael Sell · S · 10b5-1 222 $294.16 $65,303 Form 4
2026-10-05 Santana Rafael Sell · S · 10b5-1 84 $292.99 $24,611 Form 4
2026-09-02 Santana Rafael Sell · S · 10b5-1 126 $282.03 $35,536 Form 4
2026-09-01 Santana Rafael Sell · S · 10b5-1 118 $281.74 $33,246 Form 4
2026-08-21 Mendonca Rogerio Sell · S 9 $296.24 $2,666 Form 4
2026-08-20 Fetsko Michael Sell · S 288 $293.84 $84,627 Form 4
2026-08-17 Sbrocco Gregory Sell · S · 10b5-1 952 $300.00 $285,600 Form 4
2026-08-05 Santana Rafael Sell · S · 10b5-1 54 $298.85 $16,138 Form 4
2026-08-04 Santana Rafael Sell · S · 10b5-1 334 $298.90 $99,831 Form 4

Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.

Congressional trades

STOCK Act disclosures (90-day window)

Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.

No STOCK Act disclosures for this company in this window.

Recent trades

DateRepresentativeTypeAmount
2026-08-25April DelaneySale$100,001 - $250,000
2026-08-03April DelaneySale$15,001 - $50,000
2026-07-28April McClain DelaneySale$1,001 - $15,000
2026-07-23April McClain DelaneySale$15,001 - $50,000
2026-07-07Ro KhannaSale$1,001 - $15,000
2026-06-15April McClain DelaneySale (Partial)$1,001 - $15,000
2026-06-12April McClain DelaneySale (Partial)$1,001 - $15,000
2026-06-10April McClain DelaneySale (Partial)$1,001 - $15,000
2026-06-04April McClain DelaneySale (Partial)$1,001 - $15,000
2026-05-01Ro KhannaPurchase$1,001 - $15,000
2026-04-07Richard Ray LarsenPurchase$1,001 - $15,000
2026-01-30April McClain DelaneySale (Partial)$1,001 - $15,000
2026-01-22April McClain DelaneySale (Partial)$1,001 - $15,000
2026-01-14April McClain DelaneySale (Partial)$1,001 - $15,000
2025-09-23Val HoyleSale (Full)$1,001 - $15,000
2025-05-15Robert P. BresnahanSale (Full)$1,001 - $15,000
2025-03-25April McClain DelaneySale$1,001 - $15,000
2025-03-25John DelaneySale$1,001 - $15,000
2025-01-13Robert P. BresnahanSale (Full)$1,001 - $15,000
2025-01-13Gilbert Ray CisnerosSale (Partial)$15,001 - $50,000
2025-01-07Gilbert Ray CisnerosSale (Partial)$1,001 - $15,000
2024-10-29Val HoylePurchase$1,001 - $15,000
2024-09-04John JamesSale (Full)$1,001 - $15,000
2024-02-14John JamesPurchase$1,001 - $15,000
2024-01-10Ro KhannaSale$1,001 - $15,000
2023-10-31Ro KhannaSale$1,001 - $15,000
2023-01-06Ro KhannaSale$15,001 - $50,000
2023-01-04Ro KhannaSale$15,001 - $50,000
2023-01-03Ro KhannaSale$1,001 - $15,000
2023-01-03Ro KhannaSale$1,001 - $15,000
2022-12-13Ro KhannaSale$15,001 - $50,000
2022-11-21Ro KhannaSale$1,001 - $15,000
2022-11-17Ro KhannaSale$15,001 - $50,000
2022-10-28Ro KhannaSale$15,001 - $50,000
2022-10-26Ro KhannaSale$1,001 - $15,000
2022-10-25Ro KhannaSale$1,001 - $15,000
2022-10-17Ro KhannaSale$1,001 - $15,000
2022-07-19Ro KhannaSale$1,001 - $15,000
2022-07-01Ro KhannaSale$1,001 - $15,000
2022-06-21Ro KhannaSale$1,001 - $15,000
2022-06-21Ro KhannaSale$1,001 - $15,000
2022-06-17Ro KhannaSale$15,001 - $50,000
2022-04-11Ro KhannaPurchase$1,001 - $15,000
2022-04-06Ro KhannaSale$15,001 - $50,000
2021-04-09Sara JacobsSale (Full)$15,001 - $50,000
2021-03-12Ro KhannaPurchase$1,001 - $15,000
2020-04-02Dean PhillipsSale (Full)$1,001 - $15,000
2020-03-18Gilbert Ray CisnerosPurchase$1,001 - $15,000
2020-02-18Susie LeeSale (Full)$1,001 - $15,000
2019-11-26Susie LeePurchase$1,001 - $15,000
2019-11-22Susie LeePurchase$1,001 - $15,000
2019-08-14Gilbert Ray CisnerosSale (Full)$1,001 - $15,000
2019-08-13Dean PhillipsPurchase$1,001 - $15,000
2019-05-29Gilbert Ray CisnerosPurchase$1,001 - $15,000
2019-05-09Gilbert Ray CisnerosPurchase$1,001 - $15,000
2019-04-09Gilbert Ray CisnerosPurchase$1,001 - $15,000
2019-04-08Gilbert Ray CisnerosPurchase$1,001 - $15,000
2019-04-02Gilbert Ray CisnerosPurchase$15,001 - $50,000
2018-10-31Lamar Seeligson SmithSale (Full)$1,001 - $15,000
2018-06-01Lamar Seeligson SmithSale (Partial)$1,001 - $15,000

Signal

Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.

WAB presents a compelling event-driven setup with a $700M+ rail services contract in Africa acting as a direct earnings catalyst ahead of the Q3 2026 report, supported by solid multi-year margin and ROIC improvement.

The first sentence of the analysis written for WAB on 2026-10-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.

Neutral signal Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.

Factor checklist — research, not advice

A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.

  • Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
  • Congress Supports a bullish reading. 2 purchase disclosures year to date
  • Narrative Supports a bullish reading. Stored narrative reading is in the bullish band
  • Timing Unavailable or mixed. Weekly bias is flat
  • Financial indicators Supports a bullish reading. Current ratio 1.11 · operating margin 17%

Suggested stop 284.62, nearest stored support minus 0.5 ATR(1.1% under the last close). Reward/risk to the next stored resistance is 2.56. Research, not advice. Not an order.

Market snapshot

Financial ratios

MetricTrend2025-12-312024-12-312023-12-312022-12-312021-12-31
Gross Profit Margin31.5%32.4%30.4%30.4%30.3%
Ebit Margin16.3%15.5%13.5%12.4%11.7%
Ebitda Margin20.8%19.9%18.5%17.5%17.3%
Operating Profit Margin16.7%15.5%13.1%12.1%11.2%
Pretax Profit Margin14.3%13.6%11.3%10.2%9.4%
Continuous Operations Profit Margin10.6%10.3%8.5%7.7%7.2%
Net Profit Margin10.5%10.2%8.4%7.6%7.1%
Bottom Line Profit Margin10.5%10.2%8.4%7.6%7.1%
Current Ratio1.1061.3041.1971.2481.317
Quick Ratio0.5730.6930.6340.6610.736
Solvency Ratio0.1540.1770.1530.1270.122
Cash Ratio0.1530.1860.1530.1560.163
Price To Earnings Ratio31.11531.33727.82928.76431.118
Price To Earnings Growth Ratio2.3240.9590.8861.6690.870
Forward Price To Earnings Growth Ratio2.3240.9590.8861.6690.870
Price To Earnings Diluted Ratio31.25231.38927.95228.84731.118
Price To Earnings Diluted Growth Ratio2.3890.9500.8951.7080.855
Price To Book Ratio3.2663.2712.1641.8001.695
Price To Sales Ratio3.2593.1782.3452.1752.210
Price To Free Cash Flow Ratio24.27820.28722.35420.45618.334
Price To Operating Cash Flow Ratio20.69017.99818.89217.52016.113
Debt To Assets Ratio0.2510.2130.2140.2160.220
Debt To Equity Ratio0.4970.3940.3880.3960.398
Debt To Capital Ratio0.3320.2830.2800.2840.285
Long Term Debt To Capital Ratio0.2780.2560.2390.2710.284
Financial Leverage Ratio1.9811.8531.8111.8331.809
Working Capital Turnover Ratio13.17610.65311.6669.3859.928
Operating Cash Flow Ratio0.3420.4840.2960.2990.369
Operating Cash Flow Sales Ratio0.1580.1770.1240.1240.137
Free Cash Flow Operating Cash Flow Ratio0.8520.8870.8450.8560.879
Debt Service Coverage Ratio1.2942.4641.5222.8676.609
Interest Coverage Ratio8.3078.0055.8075.4354.949
Short Term Operating Cash Flow Coverage Ratio1.4073.6681.5384.135536.500
Operating Cash Flow Coverage Ratio0.3170.4610.2950.2590.264
Capital Expenditure Coverage Ratio6.7658.8606.4576.9668.254
Dividend Paid And Capex Coverage Ratio4.0625.2853.8873.9924.833
Dividend Payout Ratio0.1480.1330.1510.1750.165
Enterprise Value Multiple17.75017.52714.62714.76615.405

Sparkline shows each ratio oldest → newest (left → right).

How the latest year compares

For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower

MetricCurrentvs 1Y agovs 5Y avg
Gross Profit Margin 31.5% ▼-0.9% ▲0.5%
Ebit Margin 16.3% ▲0.8% ▲2.4%
Ebitda Margin 20.8% ▲0.8% ▲2.0%
Operating Profit Margin 16.7% ▲1.2% ▲3.0%
Pretax Profit Margin 14.3% ▲0.7% ▲2.5%
Continuous Operations Profit Margin 10.6% ▲0.3% ▲1.7%
Net Profit Margin 10.5% ▲0.3% ▲1.7%
Bottom Line Profit Margin 10.5% ▲0.3% ▲1.7%
Current Ratio 1.106 ▼-0.198 ▼-0.129
Quick Ratio 0.573 ▼-0.121 ▼-0.087
Solvency Ratio 0.154 ▼-0.023 ▲0.007
Cash Ratio 0.153 ▼-0.033 ▼-0.009
Price To Earnings Ratio 31.115 ▼-0.222 ▲1.083
Price To Earnings Growth Ratio 2.324 ▲1.365 ▲0.982
Forward Price To Earnings Growth Ratio 2.324 ▲1.365 ▲0.982
Price To Earnings Diluted Ratio 31.252 ▼-0.137 ▲1.140
Price To Earnings Diluted Growth Ratio 2.389 ▲1.439 ▲1.030
Price To Book Ratio 3.266 ▼-0.005 ▲0.827
Price To Sales Ratio 3.259 ▲0.081 ▲0.626
Price To Free Cash Flow Ratio 24.278 ▲3.991 ▲3.136
Price To Operating Cash Flow Ratio 20.690 ▲2.692 ▲2.447
Debt To Assets Ratio 0.251 ▲0.038 ▲0.028
Debt To Equity Ratio 0.497 ▲0.103 ▲0.083
Debt To Capital Ratio 0.332 ▲0.049 ▲0.040
Long Term Debt To Capital Ratio 0.278 ▲0.022 ▲0.012
Financial Leverage Ratio 1.981 ▲0.127 ▲0.123
Working Capital Turnover Ratio 13.176 ▲2.523 ▲2.215
Operating Cash Flow Ratio 0.342 ▼-0.142 ▼-0.016
Operating Cash Flow Sales Ratio 0.158 ▼-0.019 ▲0.014
Free Cash Flow Operating Cash Flow Ratio 0.852 ▼-0.035 ▼-0.012
Debt Service Coverage Ratio 1.294 ▼-1.169 ▼-1.657
Interest Coverage Ratio 8.307 ▲0.302 ▲1.806
Short Term Operating Cash Flow Coverage Ratio 1.407 ▼-2.261 ▼-108.043
Operating Cash Flow Coverage Ratio 0.318 ▼-0.143 ▼-0.002
Capital Expenditure Coverage Ratio 6.765 ▼-2.095 ▼-0.695
Dividend Paid And Capex Coverage Ratio 4.062 ▼-1.223 ▼-0.350
Dividend Payout Ratio 0.148 ▲0.015 ▼-0.006
Enterprise Value Multiple 17.750 ▲0.223 ▲1.735

Key metrics

MetricTrend20252024202320222021
Market cap$36.39B$33.01B$22.69B$18.19B$17.29B
Enterprise value$41.15B$36.28B$26.14B$21.65B$20.87B
EV / Sales3.69x3.49x2.70x2.59x2.67x
EV / Op. cash flow23.39x19.78x21.76x20.85x19.45x
EV / Free cash flow27.45x22.30x25.75x24.35x22.14x
EV / EBITDA17.75x17.53x14.63x14.77x15.40x
Net debt / EBITDA2.05x1.58x1.93x2.36x2.65x
Current ratio1.11x1.30x1.20x1.25x1.32x
Income quality1.49x1.72x1.46x1.62x1.90x
Graham number$100$89$78$66$60
Graham net-net-$43-$31-$30-$31-$31
Tax burden73.5%74.9%74.6%74.1%75.7%
Interest burden87.6%87.5%83.4%82.1%80.6%
Working capital$544.0M$1.15B$799.0M$860.0M$922.0M
Invested capital$16.21B$14.24B$14.27B$14.20B$14.71B
Return on assets5.3%5.6%4.3%3.4%3.0%
Operating ROA9.2%8.5%6.8%5.5%4.7%
Return on tangible assets14.6%15.0%11.6%9.6%9.1%
Return on equity10.5%10.5%7.8%6.3%5.5%
Return on invested capital7.6%7.9%6.1%5.0%4.3%
Return on capital employed11.0%10.8%8.5%6.7%5.6%
Earnings yield3.2%3.2%3.6%3.5%3.2%
Free cash flow yield4.1%4.9%4.5%4.9%5.5%
Capex / Op. cash flow14.8%11.3%15.5%14.4%12.1%
Capex / Depreciation56.9%45.1%39.0%35.0%29.5%
Capex / Sales2.3%2.0%1.9%1.8%1.7%
SG&A / Sales12.7%12.0%11.8%12.3%13.2%
R&D / Sales2.0%2.0%2.3%2.5%2.3%
Stock comp / Sales0.7%0.6%0.5%0.5%0.6%
Intangibles / Total assets63.7%62.3%63.1%64.3%66.6%
Days sales outstanding62d60d64d66d69d
Days payables outstanding67d68d68d82d68d
Operating cycle193d180d187d194d182d
Cash conversion cycle126d113d120d112d114d

Change by theme

Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.

Change over 1 year

Valuation
Market cap ▲+10.3%EV / Sales ▲+5.5%EV / EBITDA ▲+1.3%EV / Op. cash flow ▲+3.608Earnings yield +0.000Graham number ▲+11.509
Profitability
Return on equity +0.000Return on assets ▼-0.003Return on invested capital ▼-0.003Return on capital employed ▲+0.003Operating ROA ▲+0.006Income quality ▼-0.232Tax burden ▼-0.014
Efficiency
Days sales outstanding ▲+2.196Days payables outstanding ▼-0.708Operating cycle ▲+12.835Cash conversion cycle ▲+13.542Capex / Sales ▲+0.003R&D / Sales +0.000
Balance-sheet strength
Current ratio ▼-0.198Net debt / EBITDA ▲+0.468Working capital ▼-607000000.000Invested capital ▲+1972000000.000Intangibles / Total assets ▲+0.014

Change over 5 years

Valuation
Market cap ▲+110.5%EV / Sales ▲+38.1%EV / EBITDA ▲+15.2%EV / Op. cash flow ▲+3.937Earnings yield -0.000Graham number ▲+40.155
Profitability
Return on equity ▲+0.050Return on assets ▲+0.023Return on invested capital ▲+0.033Return on capital employed ▲+0.054Operating ROA ▲+0.044Income quality ▼-0.412Tax burden ▼-0.022
Efficiency
Days sales outstanding ▼-6.917Days payables outstanding ▼-0.864Operating cycle ▲+10.965Cash conversion cycle ▲+11.829Capex / Sales ▲+0.007R&D / Sales ▼-0.003
Balance-sheet strength
Current ratio ▼-0.211Net debt / EBITDA ▼-0.596Working capital ▼-378000000.000Invested capital ▲+1503000000.000Intangibles / Total assets ▼-0.029

Employee count

Peer market caps

Recent news