WAB Westinghouse Air Brake Technologies margins

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Relative Growth: Rel. Growth: 90
Relative Strength: Rel. Strength: 75
Relative Valuation: Rel. Valuation: 34
Relative Profitability: Rel. Profitability: 69
Gross margin
35.6%
Operating margin
17.2%
EBITDA margin
21.7%
Net margin
11.2%

For this period, Westinghouse Air Brake Technologies reports a gross margin of 35.6%, an operating margin of 17.2%, an EBITDA margin of 21.7%, and a net margin of 11.2%. Each available margin increased from the same period last year. Gross margin recorded the strongest gain, rising by 1.9 percentage points.

WAB margin history

Gross, operating, EBITDA and net margin trends

Westinghouse Air Brake Technologies's margins averaged 33.08% gross, 15.58% operating, 20.15% EBITDA, and 10.26% net during the last 3 years. Currently all four current margins are above their three-year averages.

WAB margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by gross margin with an increase of 1.9 percentage points.

Gross margin expansion
1.9pp
Operating margin expansion
0.8pp
EBITDA margin expansion
1pp
Net margin expansion
0.3pp

WAB Gross margin

Westinghouse Air Brake Technologies's gross margin averaged 33.08% over the last 3 years. Compared with its three-year average, Westinghouse Air Brake Technologies's current gross margin is 35.6% and is 2.5 percentage points above its three-year average. Over the last 3 years, Westinghouse Air Brake Technologies's gross margin peaked at 35.6% in Sep 2026 and reached a low of 30.4% in Dec 2023.

WAB Operating margin

Westinghouse Air Brake Technologies recorded an average operating margin of 15.58% across the last 3 years. Westinghouse Air Brake Technologies currently reports an operating margin of 17.2%, 1.6 percentage points above its three-year average. Looking back over the last 3 years, Westinghouse Air Brake Technologies's operating margin reached 17.2% at its highest point in Sep 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 20.15%. Right now, Westinghouse Air Brake Technologies's current EBITDA margin is 21.7%, which is 1.6 percentage points above its three-year average. During this period, EBITDA margin reached a high of 21.7% in Sep 2026 and a low of 18.4% in Dec 2023.

WAB Net margin

Westinghouse Air Brake Technologies's net margin averaged 10.26% across the past 3 years. Against its three-year average, Westinghouse Air Brake Technologies's net margin is currently 11.2%, 0.9 percentage points above its three-year average. Over the last 3 years, Westinghouse Air Brake Technologies's net margin peaked at 11.2% in Sep 2026 and reached a low of 8.4% in Dec 2023.

WAB margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 35.6%, WAB stands above the Industrials sector and its peers average but below the industry average. Looking at its Industrials sector average of 32.5%, Westinghouse Air Brake Technologies's gross margin is 10% higher.

WAB margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Westinghouse Air Brake Technologies's gross margin?

As of Sep 30, 2026, WAB has a gross margin of 35.6%.

What is Westinghouse Air Brake Technologies's operating margin?

The current operating margin for WAB is 17.2% as of Sep 30, 2026.

What is Westinghouse Air Brake Technologies's EBITDA margin?

As of Sep 30, 2026, WAB has an EBITDA margin of 21.7%.

What is Westinghouse Air Brake Technologies's net margin?

As of Sep 30, 2026, WAB has a net margin of 11.2%.

What are the average margins of WAB?

Looking back over 3 years, WAB recorded average margins of 33.1% gross, 15.6% operating, 20.2% EBITDA, and 10.3% net.

What are the highest historical margins of WAB?

Within the 5-year period, WAB recorded its highest margins at 35.6% gross in Sep 2026, 17.2% operating in Sep 2026, 21.7% EBITDA in Sep 2026, and 11.2% net in Sep 2026.

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.