# WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) · Edgar & Edgarette company card

> Westinghouse Air Brake Technologies (WAB) grew revenue 7.5% in FY2025 to $11.2 billion, operating margin 16.1% against a 4.8% median for railroad equipment, equity 50.5% of assets, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 943452 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/WAB) · [JSON](https://www.pops4.com/boards/company/WAB.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $11.2B |
| Revenue growth, 1 year | 7.5% |
| Revenue growth per year | 9.3% |
| Operating margin | 16.1% (prior year 15.5%) |
| Net margin | 10.6% |
| Operating cash flow | $1.8B |
| Capital spending | $260M |
| Free cash flow | $1.5B |
| Cash | $789M |
| Long-term debt | $5.5B |
| Total assets | $22.1B |
| Total equity | $11.1B |
| Equity ÷ assets | 50.5% |
| Return on equity | 10.6% |
| Dividend per share | $1 |
| Dividend years rising | 4 |

## Readings, computed from those figures

- Altman Z: 2.36 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -2.47 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $11.2B (FY2025), total debt $5.5B. Experience: revenue up 7.5% on the year, up 9.3% a year over 4 years; operating margin 16.1%, up from 15.5%. Soundness: equity 50.5% of assets, return on equity 10.6%, payout 14.6% of profit, dividend per share up 4 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $10.9B and $12.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $10.2B to $13.4B. A statistical range, not company guidance. Against peers (75 filers, $50M+ revenue, its industry group): operating margin 16.1% against a 4.8% median; growth 7.5% against 4.9%.

Range logged 2026-10-30, receipt 71187a2714c41a1a, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 8-K · filed 2026-11-03 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/943452/000114036126041841/0001140361-26-041841-index.htm)
- 10-Q · filed 2026-10-21 · [filing](https://www.sec.gov/Archives/edgar/data/943452/000162828026066629/0001628280-26-066629-index.htm)
- 8-K · filed 2026-10-21 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/943452/000094345226000017/0000943452-26-000017-index.htm)
- 8-K · filed 2026-10-01 · 2.03 Creation of a Direct Financial Obligation · [filing](https://www.sec.gov/Archives/edgar/data/943452/000094345226000013/0000943452-26-000013-index.htm)
- 10-Q · filed 2026-07-22 · [filing](https://www.sec.gov/Archives/edgar/data/943452/000162828026049139/0001628280-26-049139-index.htm)
- 8-K · filed 2026-07-22 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/943452/000162828026049105/0001628280-26-049105-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000943452.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=943452

## Cite

POPS4, Edgar & Edgarette: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/WAB. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.