(WAB) Westinghouse Air Brake - Ratings and Ratios

Westinghouse Air Brake Technologies Corp (WAB) is a global leader in rail transportation, providing cutting-edge technology and services to the freight and passenger rail industries. Founded in 1869, WAB has a legacy of innovation, dating back to its roots in the development of air braking systems. Today, the company operates at the intersection of rail, transit, and industrial technologies, offering a comprehensive suite of products and services.

WAB’s portfolio spans locomotives, components, and services. It manufactures diesel-electric, battery, and LNG-powered locomotives, as well as propulsion systems and marine and mining equipment. The company is also a major player in braking systems, including pneumatic braking products and positive train control equipment. Additionally, WAB provides industrial IoT solutions, asset performance management, and network optimization tools, showcasing its commitment to digitizing and modernizing rail operations.

On the services side, WAB offers locomotive overhauls, modernizations, and maintenance services, ensuring rail fleets remain operational and efficient. It also supplies critical components such as freight car trucks, braking equipment, and heat transfer systems. For transit systems, WAB delivers signaling, electronics, and passenger information systems, along with HVAC equipment and accessibility solutions for buses and trains.

Financially, WAB trades on the NYSE with a market capitalization of $35.7 billion. Its P/E ratio stands at 34.65, with a forward P/E of 23.75, indicating expectations for future growth. The company’s P/S ratio of 3.46 reflects its revenue generation relative to market value. WAB’s strong financial position and diversified offerings make it a key player in the rail and transit industries.

WAB’s strategic focus on sustainability and efficiency aligns with global trends toward decarbonization and digitalization. Its investment in battery-powered locomotives and IoT solutions positions the company to benefit from the rail industry’s transition to cleaner energy and smarter operations. For investors and fund managers, WAB represents a balanced mix of legacy industrial strength and forward-looking innovation in the transportation sector.