To the full analysis
Westinghouse Air Brake Technologies stock: growth
WABWestinghouse Air Brake Technologies reported $11.17B in revenue for fiscal 2025, up 7.5% on the prior year, up 8.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
13%
per year from 2006 to 2025, per share 9.7%
Earnings (Annual rate)
14.8%
per year from 2006 to 2025, per share 11.4%
Free cash flow (Annual rate)
13.7%
per year from 2006 to 2025, per share 10.4%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 8.1% | 12.9% | 13.0% |
| Revenue per share | 10.5% | 6.6% | 9.7% |
| Earnings | 23.1% | 11.4% | 14.8% |
| Earnings per share | 25.8% | 5.2% | 11.4% |
| Free cash flow | 18.3% | 14.2% | 13.7% |
| Free cash flow per share | 20.9% | 7.8% | 10.4% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $1.09B | $84.8M | $130.09M |
| 2007 | $1.36B | $109.57M | $122.09M |
| 2008 | $1.57B | $130.55M | $139.67M |
| 2009 | $1.4B | $115.06M | $142.23M |
| 2010 | $1.51B | $123.1M | $155.29M |
| 2011 | $1.97B | $170.15M | $210.66M |
| 2012 | $2.39B | $251.73M | $201.44M |
| 2013 | $2.57B | $292.24M | $194.42M |
| 2014 | $3.04B | $351.68M | $424.72M |
| 2015 | $3.31B | $398.63M | $398.83M |
| 2016 | $2.93B | $304.89M | $399.09M |
| 2017 | $3.88B | $262.3M | $99.35M |
| 2018 | $4.36B | $294.9M | $221.37M |
| 2019 | $8.2B | $327M | $830.2M |
| 2020 | $7.56B | $414M | $647.3M |
| 2021 | $7.82B | $558M | $943M |
| 2022 | $8.36B | $633M | $889M |
| 2023 | $9.68B | $815M | $1.02B |
| 2024 | $10.39B | $1.06B | $1.63B |
| 2025 | $11.17B | $1.17B | $1.5B |
Revenue by segment
How Westinghouse Air Brake Technologies Corporation makes its money and how that has shifted. Names are as the company reports them.
- Freight72%
- Transit28%
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|
| Freight | $5.5B | $5.13B | $5.29B | $6.06B | $7.02B | $7.47B | $8.04B | 72% |
| Transit | $2.78B | $2.51B | $2.62B | $2.38B | $2.76B | $2.92B | $3.13B | 28% |
| Total revenue | $8.2B | $7.56B | $7.82B | $8.36B | $9.68B | $10.39B | $11.17B | 100% |
Revenue by region
Where Westinghouse Air Brake Technologies Corporation generates its revenue.
- United States48%
- India6%
- Canada5%
- South America5%
- Australia and New Zealand4%
- Kazakhstan, Russia and CIS4%
- Other28%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.32B | $1.46B | $3.38B | $3.16B | $3.32B | $3.73B | $4.55B | $4.92B | $5.37B | 48.1% |
| India | $137.84M | $178.49M | $504.2M | $441.1M | $531M | $531M | $593M | $579M | $699M | 6.3% |
| Canada | $279.01M | $278.98M | $733.3M | $372.4M | $462M | $454M | $531M | $616M | $555M | 5% |
| South America | no data | no data | no data | $217.1M | $301M | $336M | $346M | $445M | $513M | 4.6% |
| Australia and New Zealand | $136.13M | $173.54M | no data | $366.2M | $386M | $465M | $451M | $481M | $453M | 4.1% |
| Kazakhstan, Russia and CIS | no data | no data | no data | $312.5M | $412M | $399M | $457M | $559M | $431M | 3.9% |
| Other | $2B | $2.27B | $3.58B | $2.69B | $2.41B | $2.44B | $2.75B | $2.78B | $3.15B | 28.2% |
| Total revenue | $3.88B | $4.36B | $8.2B | $7.56B | $7.82B | $8.36B | $9.68B | $10.39B | $11.17B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 10 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.