What is Wabtec's capex?

Wabtec (WAB) reported capex of $46M in Q1 2026.

How has Wabtec's capex changed year-over-year?

Wabtec's capex increased by 4.5% year-over-year, from $44M to $46M.

What is the long-term trend for Wabtec's capex?

Over 4 years (2021 to 2025), Wabtec's capex has grown at a 18.9% compound annual growth rate (CAGR), from $130M to $260M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Wabtec WAB CapEx

CapEx at other companies

Cabot CorporationCBT

$45M-37.5%

UnifirstUNF

$38.4M+18.1%

HES

Hess MidstreamHESM

$28.8M-36.7%

Warrior Met CoalHCC

$80.13M+17.0%

Travel + LeisureTNL

$19M-9.5%

MYR GroupMYRG

$16.13M+23.5%

Other financials

Income statement

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Revenue$3.0B+13.0%

Gross profit$1.1B+17.9%

Operating income$517.0M+9.1%

Net income$362.0M+12.4%

EPS (diluted)$2.12+12.8%

Balance sheet

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Cash & equivalents$531.0M-23.9%

Total debt$6.9B+60.5%

Total equity$11.1B+7.1%

Total assets$23.2B+21.5%

Cash flow

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Operating cash flow$199.0M+4.2%

Free cash flow$153.0M+4.1%

Valuation

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Market cap$47.93B+40.0%

Enterprise value$54.31B+43.5%

P/E39.6×+8.7×

P/S4.2×+0.9×

Profitability

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Gross margin34.5%+1.6pp

Operating margin16%0.0pp

Net margin10.5%0.0pp

FCF margin13.1%-0.9pp

Returns & leverage

See full

Return on equity11.3%+0.7pp

Debt / equity0.6×+0.2×

Current ratio1×-0.3×

Where this comes from

Reported directly by Wabtec in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Wabtec’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wabtec's capex?: Wabtec (WAB) reported capex of $46M in Q1 2026.
How has Wabtec's capex changed year-over-year?: Wabtec's capex increased by 4.5% year-over-year, from $44M to $46M.
What is the long-term trend for Wabtec's capex?: Over 4 years (2021 to 2025), Wabtec's capex has grown at a 18.9% compound annual growth rate (CAGR), from $130M to $260M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.