The Tip Desk

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

Company Stats

Market Cap
$48.5B
as of Sep 30, 2026
Shares Outstanding
168.9M
Free Float
91.8%

Income Statement

Revenue
$11.2B
Operating Income
$1.8B
Net Income
$1.2B
EBITDA
$2.0B
Revenue Growth, 3Y
10.1%
FCF Margin, 3Y Avg
13.2%
FCF Margin, Worst Year
10.5%

Cash Flow

Free Cash Flow
$1.5B
FCF Yield
3.1%
Owner FCF Yield
2.9%

Balance Sheet

Total Debt
$5.6B

Returns & Capital

Dividends Paid
$173.0M
Dividend Yield
0.4%
Dividend Payout, 3Y Avg
14.4%
Share Repurchases
$223.0M
Buyback Yield, 3Y Avg
1.2%
SBC, 3Y Avg
$64.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$11.2B$1.5B13.4%
FY2024$10.4B$1.6B15.7%
FY2023$9.7B$1.0B10.5%
FY2022$8.4B$889.0M10.6%
FY2021$7.8B$943.0M12.1%

Annual filing data through FY ended December 31, 2025; shares and float as of October 26, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage