Company Analysis

Wabtec Inc. (WAB)

NYSE: WAB · Railroad Equipment · Pittsburgh, PA · filing with the SEC since 1996
Grade7.0
◀ Past 7.8● Present 7.3▶ Future 5.9
The companyfiscal 2025, as filed
Revenue$11.17B+7.5%
Net income$1.17B+10.8%
Earnings per share$6.83+13.1%
Operating cash flow$1.76B-4.1%
Cash$789M+10.3%
Debt$4.29B+23.3%
Shareholders’ equity$11.14B+10.4%
Shares, diluted171.1M-2.1%
Return on equity10.5%
The recordfrom its filings
Filings in 2026123
Newest filingNov 12 · 144
Annual reportFeb 13, 2026
Quarterly reportOct 21, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$42.5M
Insider buys, 12 months$0.00
Patents granted1,515
Filer categoryLarge accelerated filer
Trailing twelve months to Sep 2026Revenue $12.21BNet income $1.37BCash from operations $2.09Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

Wabtec reported third-quarter 2026 sales of $3.12 billion on 21 October, up 8.1 percent from a year earlier 1. Adjusted earnings per share were $2.83, up 22.0 percent, and cash from operations was $455 million 1.

Sales growth and better gross margins lifted operating margin, and both the Freight and Transit segments grew, helped by the Frauscher and Dellner Couplers acquisitions 1. Finance chief John Olin said the timing of some locomotive deliveries shifted from the third quarter into the fourth 10.

The company raised its 2026 adjusted earnings per share guidance to $10.85 to $11.05 and continues to expect revenue of $12.30 billion to $12.60 billion 1. Backlog, meaning orders signed but not yet delivered, was $31.4 billion at 30 September 1.

Dellner Couplers, bought on 10 February 2026 for about $1.053 billion, is still in its first year of accounting, and the company has not finalized the purchase accounting for it 2. The open question is how much the three recent purchases add as they are folded in 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

Nov 4, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 4, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Nov 3, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Oct 21, 2026 · SEC EDGAR · Form 10-Q
Quarterly report
Open the filing on sec.gov
Oct 21, 2026 · SEC EDGAR · Form S-3ASR
Shelf registration
Open the filing on sec.gov
Oct 21, 2026 · SEC EDGAR · Form 8-K
Results released
Open the filing on sec.gov
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SI Assistanton WAB · research, not advice