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Wabtec WAB Price / earnings

Price / earnings at other companies

Caterpillar logo
CaterpillarCAT
35×+19.1×
Paccar logo
PaccarPCAR
24.5×+9.8×
CSX logo
CSXCSX
25×+7.9×
Cummins logo
CumminsCMI
26.7×+11.8×
Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
17.3×+0.3×
Norfolk Southern logo
Norfolk SouthernNSC
24.1×+8.0×

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/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 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 price / earnings?
Wabtec (WAB) reported price / earnings of 35.2× in Q1 2026.
How has Wabtec's price / earnings changed year-over-year?
Wabtec's price / earnings increased by 25.7% year-over-year, from 28× to 35.2×.
What is the long-term trend for Wabtec's price / earnings?
Over 4 years (2021 to 2025), Wabtec's price / earnings has grown at a -3.3% compound annual growth rate (CAGR), from 135.9× to 118.8×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.