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Wabtec WAB Transit Segment — CapEx

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Freight Segment
$27M-12.9%

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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 ratio-0.3×

Where this comes from

Reported directly by Wabtec in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

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 transit segment — capex?
Wabtec (WAB) reported transit segment — capex of $18M in Q1 2026.
How has Wabtec's transit segment — capex changed year-over-year?
Wabtec's transit segment — capex increased by 80.0% year-over-year, from $10M to $18M.
What is the long-term trend for Wabtec's transit segment — capex?
Over 4 years (2021 to 2025), Wabtec's transit segment — capex has grown at a 12.9% compound annual growth rate (CAGR), from $48M to $78M.
What does transit segment — capex mean?
This measures the cash outflows used by the Transit segment to acquire, upgrade, or maintain physical assets such as property, plants, and equipment. It reflects the segment's investment in future growth and operational capacity. High capital expenditure indicates a commitment to expanding market share or modernizing transit technology.