WAB
Westinghouse Air Brake Technologies margins
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- NYSE: WAB
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For this period, Westinghouse Air Brake Technologies reports a gross margin of 35%, an operating margin of 16.4%, an EBITDA margin of 20.7%, and a net margin of 10.6%. Gross margin recorded the largest improvement, rising by 1.7 percentage points. Net margin recorded the largest decline, falling by 0.3 percentage points.
WAB margin history
Westinghouse Air Brake Technologies's margins averaged 32.85% gross, 15.44% operating, 20.01% EBITDA, and 10.17% net during the last 3 years. Currently all four current margins are above their three-year averages.
WAB margin expansion
The largest positive change was in gross margin, up 1.7 percentage points. Operating margin also expanded by 0.2 percentage points and Ebitda margin also expanded by 0.1 percentage points, while net margin contracted by 0.3 percentage points.
WAB Gross margin
Westinghouse Air Brake Technologies's gross margin averaged 32.85% over the last 3 years. Compared with its three-year average, Westinghouse Air Brake Technologies's current gross margin is 35% and is 2.2 percentage points above its three-year average. Over the last 3 years, Westinghouse Air Brake Technologies's gross margin peaked at 35% in Jun 2026 and reached a low of 30.4% in Dec 2023.
WAB Operating margin
Westinghouse Air Brake Technologies recorded an average operating margin of 15.44% across the last 3 years. Westinghouse Air Brake Technologies currently reports an operating margin of 16.4%, 1 percentage points above its three-year average. Looking back over the last 3 years, Westinghouse Air Brake Technologies's operating margin reached 16.4% at its highest point in Jun 2026 and 13.1% at its lowest in Dec 2023.
WAB EBITDA margin
Over the last 3 years, Westinghouse Air Brake Technologies's EBITDA margin averaged 20.01%. Right now, Westinghouse Air Brake Technologies's current EBITDA margin is 20.7%, which is 0.7 percentage points above its three-year average. During this period, EBITDA margin reached a high of 20.7% in Jun 2026 and a low of 18.4% in Dec 2023.
WAB Net margin
Westinghouse Air Brake Technologies's net margin averaged 10.17% across the past 3 years. Against its three-year average, Westinghouse Air Brake Technologies's net margin is currently 10.6%, 0.4 percentage points above its three-year average. Over the last 3 years, Westinghouse Air Brake Technologies's net margin peaked at 10.9% in Sep 2025 and reached a low of 8.4% in Dec 2023.
WAB margin group comparison
With a gross margin of 35%, WAB stands above the Industrials sector and its peers average but below the industry average. Looking at its Industrials sector average of 32.6%, Westinghouse Air Brake Technologies's gross margin is 7% higher.
WAB margin peer comparison
Frequently asked questions
What is Westinghouse Air Brake Technologies's gross margin?
As of Jun 30, 2026, WAB has a gross margin of 35%.
What is Westinghouse Air Brake Technologies's operating margin?
The current operating margin for WAB is 16.4% as of Jun 30, 2026.
What is Westinghouse Air Brake Technologies's EBITDA margin?
As of Jun 30, 2026, WAB has an EBITDA margin of 20.7%.
What is Westinghouse Air Brake Technologies's net margin?
As of Jun 30, 2026, WAB has a net margin of 10.6%.
What are the average margins of WAB?
Looking back over 3 years, WAB recorded average margins of 32.9% gross, 15.4% operating, 20.0% EBITDA, and 10.2% net.
What are the highest historical margins of WAB?
Within the 5-year period, WAB recorded its highest margins at 35% gross in Jun 2026, 16.4% operating in Jun 2026, 20.7% EBITDA in Jun 2026, and 10.9% net in Sep 2025.
What are the lowest historical margins of WAB?
Over the last 5 years, Westinghouse Air Brake Technologies's lowest margins were 29.9% gross in Jun 2023, 11.2% operating in Dec 2021, 17.2% EBITDA in Dec 2021, and 7.1% net in Dec 2021.