Wabtec Inc. (WAB)

From the record

Wabtec Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Wabtec Inc.'s 10 filed years say what it did: revenue went from $2.9 billion in fiscal 2016 to $11 billion in fiscal 2025, up 16% a year; it rose in 8 of 9 years; the deepest fall was 8% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Wabtec Inc.'s diluted share count shrank about 2.2% a year, and dividends and buybacks returned about 45% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 134 sales (110 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-04 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Wabtec Inc. earned about 11 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 50 cents per dollar of assets, and net share issuance: its share count shrank 2.1% over the year (the filed statements).

From the record

Wabtec Inc.'s standing among 30 graded names in its industry family: revenue of $11 billion in fiscal 2025 ranks in the top 12% by size; a net margin of 10.5% ranks in the top 8%; revenue growth of 10.1% a year over the last 3 filed years ranks in the top 32% (its annual reports).

From the record

Wabtec Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Santana, Rafael (President and CEO, as filed), filing under that title since 2019-03-07, 7.7 years (top 31% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 6.1 years (bottom 45%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 21 people in charge now (top 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Wabtec Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $789 million against debt of $4.3 billion leaves -15.9% of its assets as net cash, bottom 25% of its family; cash from operations less capital spending is 13.4% of revenue (top 5%); a gross margin of 34.1% (top 13%); research spending of 2% of revenue (bottom 31%) (its annual report).

From the record

Wabtec Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 10.1% a year over the last three filed years against 16% over all 10, slowing (bottom 48% of its family); the newest year grew 7.5% (top 43%); research spending grew 2.2% a year (bottom 33%); capital spending grew 20.4% a year (top 19%) (its annual reports). Wabtec Inc. reported 2 lines of business in fiscal 2025: Freight at $8.0 billion (72%), Transit at $3.1 billion (28%); 2 of 2 grew against the year before (its annual report).

From the record

Wabtec Inc.'s newest year against its own record: revenue of $11 billion in fiscal 2025 came in 3.5% below the $12 billion its prior three years' pace pointed to (bottom 41% of its family); net income of $1.2 billion against a prior three-year average of $835 million (top 23%); a net margin of 10.5% against 8.7% before (top 30%) (its annual reports).