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Wabtec WAB Current ratio

Current ratio at other companies

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CaterpillarCAT
1.4×0.0×
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+0.1×
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1.7×+0.4×
Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
0.7×-0.1×
Norfolk Southern logo
Norfolk SouthernNSC
0.9×+0.1×
Parker-Hannifin logo
Parker-HannifinPH
1.1×-0.1×

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%
CapEx$46.0M+4.6%
Free cash flow$153.0M+4.1%

Valuation

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Market cap$46.13B+37.5%
Enterprise value$52.51B+41.6%
P/E38.1×+7.8×
P/S+0.8×

Profitability

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Gross margin34.5%+1.6pp
Operating margin16%0.0pp
Net margin10.5%0.0pp

Returns & leverage

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Return on equity11.3%+0.7pp
Debt / equity0.6×+0.2×

Where this comes from

Calculated from Wabtec’s reported figures.

Based on the most recent quarter.

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 current ratio?
Wabtec (WAB) reported current ratio of 1× in Q1 2026.
How has Wabtec's current ratio changed year-over-year?
Wabtec's current ratio decreased by 23.5% year-over-year, from 1.3× to 1×.
What is the long-term trend for Wabtec's current ratio?
Over 4 years (2021 to 2025), Wabtec's current ratio has grown at a 2.1% compound annual growth rate (CAGR), from 5.2× to 5.6×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.