Westinghouse AIR Brake Technologies

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION

Key figures

Period Jan 2025 to Dec 2025ConsolidatedU.S. GAAP

RevenueDisclosed US$11.2B

Operating marginCalculated 16.1%

Net assets to total assetsCalculated 50.5%

Company profile

Ticker WAB / CIK 943452 / Transportation equipment (SIC 3743) / Fiscal year end 2025-12-31
U.S. GAAP. From the Form 10-K filed with the SEC’s EDGAR.

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Disclosed data

Source: U.S. SEC annual report (Form 10-K) (Jan 2025 to Dec 2025) · filed 2026-02-13

Profitability ★★★★☆position among all companies 16.1%

Growth (revenue, 4-year average) ★★★★☆position among all companies 9.3%

Capital efficiency ★★★☆☆position among all companies 10.5%

Revenue and profit

Performance, financial position and capital allocation

Westinghouse AIR Brake Technologies

Recent performance trends

Westinghouse AIR Brake Technologies

Cash flow trends

Consolidated indicators (9 items)

Item	4 years ago	3 years ago	2 years ago	Last year	This year
Net sales	US$7.8 billion	US$8.4 billion	US$9.7 billion	US$10.4 billion	US$11.2 billion
Operating income	US$0.9 billion	US$1.0 billion	US$1.3 billion	US$1.6 billion	US$1.8 billion
Net income	US$0.6 billion	US$0.6 billion	US$0.8 billion	US$1.1 billion	US$1.2 billion
Total assets	US$18.5 billion	US$18.5 billion	US$19.0 billion	US$18.7 billion	US$22.1 billion
Shareholders' equity	US$10.2 billion	US$10.1 billion	US$10.5 billion	US$10.1 billion	US$11.1 billion
Net cash provided by (used in) operating activities	US$1.1 billion	US$1.0 billion	US$1.2 billion	US$1.8 billion	US$1.8 billion
Net cash provided by (used in) investing activities	US$-0.5 billion	US$-0.2 billion	US$-0.5 billion	US$-0.3 billion	US$-2.7 billion
Net cash provided by (used in) financing activities	US$-0.7 billion	US$-0.7 billion	US$-0.6 billion	US$-1.4 billion	US$1.0 billion
Cash and cash equivalents	US$0.5 billion	US$0.5 billion	US$0.6 billion	US$0.7 billion	US$0.8 billion

Revenue scale in the same industry

Westinghouse AIR Brake Technologies

Transportation equipment: 34 companies · revenue · largest first・FY Dec 2025・Consolidated・Disclosed

1 Ford Motor US$187.3B
2 General Motors US$185.0B
3 Tesla US$94.8B
… 9 companies
13 Borgwarner US$14.3B
14 Huntington Ingalls Industries US$12.5B
15 Westinghouse AIR Brake TechnologiesThis company US$11.2B
16 Autoliv US$10.8B
17 Oshkosh US$10.4B
… 17 companies

Sources and methodology

Basic indicators

Item	Value	Consolidated / Non-consolidated	Source
Purchase of property, plant and equipment	US$0.3 billion	Consolidated	Disclosed
Cash and cash equivalents	US$0.8 billion	Consolidated	Disclosed
Net cash provided by (used in) financing activities	US$1.0 billion	Consolidated	Disclosed
Net cash provided by (used in) investing activities	US$-2.7 billion	Consolidated	Disclosed
Net cash provided by (used in) operating activities	US$1.8 billion	Consolidated	Disclosed
Depreciation and amortization	US$0.5 billion	Consolidated	Disclosed
Dividends paid	US$0.2 billion	Consolidated	Disclosed
Stockholders' equity (including non-controlling interests)	US$11.2 billion	Consolidated	Disclosed
Non-controlling interests	US$48.00 million	Consolidated	Disclosed
Net assets	US$11.1 billion	Consolidated	Disclosed
Net sales	US$11.2 billion	Consolidated	Disclosed
Operating income	US$1.8 billion	Consolidated	Disclosed
Net income	US$1.2 billion	Consolidated	Disclosed
Total assets	US$22.1 billion	Consolidated	Disclosed
Purchase of treasury stock	US$0.2 billion	Consolidated	Disclosed
Operating margin	16.1%	Consolidated	Calculated
Net assets to total assets	50.5%	Consolidated	Calculated
Net margin	10.5%	Consolidated	Calculated
Return on equity	10.5%	Consolidated	Calculated

How to read the figures, and caveats

Terms

Consolidated: the parent company together with the subsidiaries it consolidates
Parent-only: the single company that filed the annual securities report
Calculated: a disclosed figure put through the formula shown
Not disclosed: no such value in the filing (not treated as zero)
Not retrieved: a value this page could not extract, including values in the filing that could not be matched. The same item may appear in another table
Segment: a business division the company uses in its disclosures
Industry median: the middle value among companies in the same industry that disclose the item
★: position when every company is lined up by value (not a judgement of the company)See the formulas
Source: document name, period covered, filing date and where it was obtained
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Key figures

Operating margin 16.1%　Operating income ÷ revenue 　＝ US$1.8 billion ÷ US$11.2 billion
The denominator is revenue under U.S. GAAP (consolidated, U.S. GAAP).
Net assets to total assets 50.5%　Stockholders' equity ÷ total assets 　＝ US$11.1 billion ÷ US$22.1 billion
Calculated here from stockholders' equity and total assets (no equity-to-asset ratio disclosed by U.S. companies; the Japanese field is the company's own disclosed value)
Net margin 10.5%　Net income ÷ revenue 　＝ US$1.2 billion ÷ US$11.2 billion
Return on equity 10.5%　Net income ÷ stockholders' equity 　＝ US$1.2 billion ÷ US$11.1 billion
Calculated here (not a value the company disclosed)

Cash flow trends

Cash flow (change in cash and cash equivalents) by activity. Operating CF: cash generated by the business. Investing CF: asset purchases, disposals and acquisitions. Financing CF: borrowing, repayments, dividends and share repurchases. Negative: net outflow

Revenue scale in the same industry

Revenue (disclosed values) of companies in the same industry, using the same grouping as the industry pages. Only the top three and the two companies either side of this one. Bar length relative to the largest company (100). An order of size, not a ranking of quality

Data sources and calculation methods

Primary source: the SEC’s EDGAR: Form 10-K of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (CIK 943452), free to read
Accounting standard: U.S. GAAP / Form: 10-K / Filed: 2026-02-13 / Accession number: 0001628280-26-008067

Amounts: machine transcription of XBRL filed with the SEC’s EDGAR (bulk companyfacts), no manual re-keying. In dollars, not converted to yen (an exchange rate would produce a figure that was never disclosed)
Annual values: full-year figures in the Form 10-K only. Where a restatement gives more than one value for a period, the more recently filed one. Each five-year series from a single element (tag)
Revenue: the company’s elements checked in the order Revenues → RevenueFromContractWithCustomer… → SalesRevenueNet, taking the one with the most recent period. What “revenue” covers may differ between companies
Net income: attributable to the parent’s shareholders. Stockholders’ equity: excluding non-controlling interests (the figure including them on a separate row)
★: position of values calculated from disclosed figures among U.S. companies, on a five-step scale. Separate from Japanese companies because of different accounting standards. Finance (SIC 6000s) in its own set, as revenue is defined differently
Equity-to-asset ratio: no rank (higher or lower is not better or worse). Calculated here as stockholders’ equity ÷ total assets, as U.S. companies do not disclose it (for Japanese companies the field is the company’s disclosed value). Return on equity also calculated here
Industry: first two digits of the SEC’s SIC code. A different classification from the Japanese industry categories (FSA), so shown separately from Japanese companies
Segment breakdown, profit-and-loss flow and cost breakdown: not published (bulk companyfacts holds company-wide figures only). Nothing drawn from guesswork
Share prices: not used. Employee counts: only where the 10-K XBRL carries them as a number