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Wabtec WAB Interest coverage

Interest coverage at other companies

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CaterpillarCAT
6.1×-1.5×
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CSXCSX
5.6×-0.4×
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CumminsCMI
11.7×+0.6×
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Norfolk SouthernNSC
5.2×-1.0×
Parker-Hannifin logo
Parker-HannifinPH
11.6×+1.2×
Union Pacific logo
Union PacificUNP
7.6×-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×
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 interest coverage?
Wabtec (WAB) reported interest coverage of 7.3× in Q1 2026.
How has Wabtec's interest coverage changed year-over-year?
Wabtec's interest coverage decreased by 12.1% year-over-year, from 8.4× to 7.3×.
What is the long-term trend for Wabtec's interest coverage?
Over 2 years (2023 to 2025), Wabtec's interest coverage has grown at a 22.3% compound annual growth rate (CAGR), from 22.4× to 33.5×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.