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Westinghouse Air Brake Technologies Corporation logo

Westinghouse Air Brake Technologies Corporation

WABโ€ขRank #260โ€ขIndustrialsโ€ขRailroads

Market Cap

$48.6B

Global Rank

#260

All-Time High

$51.7B

2026-07-28

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 29% of the 367 companies we track (globally).
  • Equivalent to 0.2% of United States's GDP (2025 data).
  • Just above: #259 AB Volvo (publ) ($49.7B)
  • Just below: #261 eBay Inc. ($48.0B)
  • Best year: 1997 (+103%). Worst year: 2000 (-34%).

Westinghouse Air Brake Technologies Corporation Financial Breakdown (FY 2025)

Source: Yahoo Finance โ€” WAB annual filings (2025) โ†’

$11.2B revenue ยท $1.8B operating income ยท $1.2B net income

  • โ—Operating margin: 16.1% on $11.2B in revenue.
  • โ—R&D is 2.0% of revenue ($0.2B).
  • โ—Net income margin: 10.5% โ€” $1.2B in profit.
  • โ—Free cash flow: $1.5B (13.4% of revenue).

Cost / Operating Expenses

Total operating expenses $9.4B

Total

$9.1B

Cost of revenueยท Product / service delivery costs (COGS)$7.4B81.1%
Research & development$0.2B2.5%
Selling, general & administrativeยท Sales, marketing, and corporate overhead$1.5B16.4%

Capital Expenditures

$0.3B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$1.5B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About Westinghouse Air Brake Technologies Corporation

Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower in 1999. It is headquartered in Pittsburgh, Pennsylvania.

Westinghouse Air Brake Technologies Corporation Market Cap History (2026โ€“2026)

Westinghouse Air Brake Technologies Corporation vs Sector Peers by Market Cap

Fastenal CompanyFAST
$57.9B
AMETEK, Inc.AME
$57.5B
Thales S.A.HO.PA
$51.0B
AB Volvo (publ)VOLV-B.ST
$49.7B
Westinghouse Air Brake Technologies CorporationWAB
$48.6B
Carrier Global CorporationCARR
$46.5B
Thomson Reuters CorporationTRI.TO
$44.3B
L3Harris Technologies, Inc.LHX
$44.3B

Compare Westinghouse Air Brake Technologies Corporation

Ranking History

YearMarket CapRankYoY Change
2026$48.6B#260(โ†‘30)+34.6%
2025$36.1B#290(โ†‘6)+13.2%
2024$31.9B#296(โ†‘26)+50.1%
2023$21.3B#322(โ†“1)+28.0%
2022$16.6B#321(โ†‘7)+9.1%
2021$15.2B#328(โ†‘3)+26.5%
2020$12.0B#331(โ†“21)-5.2%
2019$12.7B#310(โ†“18)+11.5%
2018$11.4B#292(โ†“17)-13.3%
2017$13.1B#275(โ†“22)-1.4%
2016$13.3B#253(โ†“5)+17.3%
2015$11.4B#248(โ†“13)-17.9%
2014$13.8B#235(โ†“6)+17.3%
2013$11.8B#229(โ†‘12)+70.1%
2012$6.9B#241(โ†‘1)+25.4%
2011$5.5B#242(โ†‘18)+32.4%
2010$4.2B#260(โ†“3)+29.6%
2009$3.2B#257(โ†“22)+2.9%
2008$3.1B#235(โ†‘24)+15.5%
2007$2.7B#259(โ†“4)+13.5%
2006$2.4B#255(โ†“7)+13.1%
2005$2.1B#248(โ†“5)+26.4%
2004$1.7B#243(โ†“3)+25.4%
2003$1.3B#240(โ†“6)+21.7%
2002$1.1B#234(โ†‘2)+14.5%
2001$956.1M#236(โ†“14)+5.0%
2000$910.5M#222(โ†“51)-33.6%
1999$1.4B#171(โ†“26)-27.2%
1998$1.9B#145(โ†“10)-4.5%
1997$2.0B#135(โ†‘12)+103.5%
1996$968.9M#147(โ†“8)+19.2%
1995$812.7M#139

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FAQ

What is Westinghouse Air Brake Technologies Corporation's market cap?

Westinghouse Air Brake Technologies Corporation (WAB) has a market capitalization of $48.6B, making it the #260 largest company in the world by market cap.

What was Westinghouse Air Brake Technologies Corporation's highest market cap?

Westinghouse Air Brake Technologies Corporation's all-time high market cap was $51.7B, reached in 2026-07-28. Its highest rank was #260 in 2026.

What sector is Westinghouse Air Brake Technologies Corporation in?

Westinghouse Air Brake Technologies Corporation is in the Industrials sector, specifically the Railroads industry. It is based in United States.

How has Westinghouse Air Brake Technologies Corporation's market cap changed over time?

Westinghouse Air Brake Technologies Corporation has been tracked since 2026. Its market cap has grown by 0% from $48.6B in 2026 to $48.6B today.