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Wabtec WAB Freight Segment — Gross Profit

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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+4.5%
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

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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:GrossProfit.

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 freight segment — gross profit?
Wabtec (WAB) reported freight segment — gross profit of $788M in Q1 2026.
How has Wabtec's freight segment — gross profit changed year-over-year?
Wabtec's freight segment — gross profit increased by 15.0% year-over-year, from $685M to $788M.
What is the long-term trend for Wabtec's freight segment — gross profit?
Over 3 years (2022 to 2025), Wabtec's freight segment — gross profit has grown at a 14.5% compound annual growth rate (CAGR), from $1.89B to $2.84B.
What does freight segment — gross profit mean?
Gross profit is the difference between total net sales and the cost of products and services sold for the Freight segment. It measures the profitability of the segment's core operations before accounting for operating expenses like R&D or administrative costs.