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Wabtec WAB Transit Segment — Gross margin

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JANSegments Total — Gross Profit Percentage
10.3%-1.6pp
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GIIIRetail — 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 wab:GrossMarginPercent.

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 — gross margin?
Wabtec (WAB) reported transit segment — gross margin of 32.7% in Q1 2026.
How has Wabtec's transit segment — gross margin changed year-over-year?
Wabtec's transit segment — gross margin increased by 7.9% year-over-year, from 30.3% to 32.7%.
What is the long-term trend for Wabtec's transit segment — gross margin?
Over 3 years (2022 to 2025), Wabtec's transit segment — gross margin has grown at a 50.4% compound annual growth rate (CAGR), from 27.3% to 92.8%.
What does transit segment — gross margin mean?
The gross profit of the Transit segment expressed as a percentage of total net sales. This ratio measures the segment's profitability relative to its revenue, highlighting the efficiency of its manufacturing and service delivery processes.