Wabtec (WAB)
Industrials · Rail and transit equipment manufacturing and services
Global provider of locomotives, rail components, transit systems, and digital solutions serving freight rail, passenger transit, mining, and industrial markets.
What Wabtec does
Wabtec is a global provider of value-added, technology-based locomotives, equipment, systems and services for the freight rail and passenger transit industries, as well as mining, marine, and industrial applications. The company manufactures new and modernized locomotives, provides aftermarket parts and services, supplies rail control and infrastructure products including electronics and positive train control equipment, and offers software-enabled digital solutions. Operating through two principal segments—Freight and Transit—Wabtec serves railroads, transit agencies, and transportation equipment manufacturers across over 50 countries with approximately 31,000 employees.
Themes: ["Freight rail modernization","Passenger transit systems","Rail electrification and sustainability","Digital transportation solutions","Mining and industrial equipment","Infrastructure modernization","Aftermarket services and parts","Global trade and urbanization","Fleet aging and replacement","Safety and reliability technologies"]
Fundamentals
- Price$259.00 as of 2026-07-08 close
- Market cap$44.2B as of 2026-07-09
- 1-year return+22.3% as of 2026-07-08 close
- P/E36.51 as of 2026-07-09
- Net margin+10.5% as of 2026-07-09
- Gross margin+34.6% as of 2026-07-09
- ROE+11.0% as of 2026-07-09
- Debt / equity0.59 as of 2026-07-09
- Revenue growth (YoY)+9.6% as of 2026-07-09
- Revenue CAGR (3y)+10.1% SEC XBRL
- Beta0.94 as of 2026-07-09
Dividend: yield +0.5%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Operating results depend on capital spending plans and financial condition of freight railroads and passenger transit agencies, which are influenced by general economic conditions and government budgets","Exposure to global market operations across over 50 countries with associated currency exchange, regulatory, and geopolitical risks","Reliance on strategic acquisitions for growth and technology advancement; integration risks from recent major acquisitions including Faiveley Transport (2017) and GE Transportation (2019)"]
Competitors & peers
- Bombardier
- Alstom
- Siemens Mobility
- Trinity Industries
- Knorr-Bremse
Fundamentals: Finnhub, as of 2026-07-09. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.