StratGraph
Companies / Industrials
WAB

Wabtec

Construction Machinery & Heavy Transportation Equipment

Construction Machinery & Heavy Transportation EquipmentAnalysis in progress
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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health65
Growth54
Profitability50
Cash generation77
Balance sheet51
Dilution control93
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)8.1%Revenue growth (FY)7.5%Revenue CAGR (3y)10.1%Gross margin34.1%Operating margin16.1%Net margin10.5%Free cash flow margin13.4%R&D / revenue2.0%Stock comp / revenue0.7%Net debt / operating cash flow3.41xCurrent ratio1.11Diluted share count change-2.1%
Fiscal year endingFY 2021-12FY 2022-12FY 2023-12FY 2024-12FY 2025-12
Revenue$7.8B$8.4B$9.7B$10.4B$11.2B
Gross profit$2.4B$2.5B$2.9B$3.4B$3.8B
Operating income$876M$1.0B$1.3B$1.6B$1.8B
Net income$558M$633M$815M$1.1B$1.2B
Operating cash flow$1.1B$1.0B$1.2B$1.8B$1.8B
Capital expenditure$130M$149M$186M$207M$260M
Free cash flow$943M$889M$1.0B$1.6B$1.5B
R&D$176M$209M$218M$206M$223M
Stock-based comp$46M$41M$47M$66M$80M
Buybacks$300M$473M$409M$1.1B$223M
Dividends$92M$111M$123M$140M$173M
Cash$473M$541M$620M$715M$789M
Total debt$4.1B$4.3B$4.8B$4.5B$6.8B
Equity$10.2B$10.1B$10.5B$10.1B$11.1B

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