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Wabtec WAB EBITDA margin

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45.2%-1.1pp
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14.6%-0.2pp
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45%-7.5pp

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×
Current ratio-0.3×

Where this comes from

Calculated from Wabtec’s reported figures.

Based on trailing twelve months.

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 EBITDA margin?
Wabtec (WAB) reported EBITDA margin of 20.5% in Q1 2026.
How has Wabtec's EBITDA margin changed year-over-year?
Wabtec's EBITDA margin decreased by 1.0% year-over-year, from 20.7% to 20.5%.
What is the long-term trend for Wabtec's EBITDA margin?
Over 4 years (2021 to 2025), Wabtec's EBITDA margin has grown at a 6.0% compound annual growth rate (CAGR), from 65.9% to 83.2%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.