Westinghouse Air Brake Technologies Debt-to-Assets Ratio Growth & History (WAB)
Westinghouse Air Brake Technologies's debt-to-assets ratio was 0.27 for fiscal 2025.
View full Westinghouse Air Brake Technologies company overviewWestinghouse Air Brake Technologies annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.27 | 0.04 | +17.25% |
| 2024 | 2024-12-31 | 0.23 | −0.00 | −0.65% |
| 2023 | 2023-12-31 | 0.23 | −0.00 | −1.45% |
| 2022 | 2022-12-31 | 0.23 | −0.00 | −1.25% |
| 2021 | 2021-12-31 | 0.24 | −0.01 | −3.51% |
| 2020 | 2020-12-31 | 0.25 | −0.00 | −1.00% |
| 2019 | 2019-12-31 | 0.25 | −0.20 | −44.34% |
| 2018 | 2018-12-31 | 0.45 | 0.16 | +56.86% |
| 2017 | 2017-12-31 | 0.28 | −0.00 | −1.16% |
| 2016 | 2016-12-31 | 0.29 | 0.07 | +34.18% |
| 2015 | 2015-12-31 | 0.21 | 0.06 | +35.87% |
| 2014 | 2014-12-31 | 0.16 | −0.00 | −1.23% |
| 2013 | 2013-12-31 | 0.16 | 0.02 | +18.14% |
| 2012 | 2012-12-31 | 0.14 | −0.05 | −26.27% |
| 2011 | 2011-12-31 | 0.18 | −0.05 | −21.67% |
| 2010 | 2010-12-31 | 0.23 | −0.01 | −5.25% |
| 2009 | 2009-12-31 | 0.25 | — | — |
Westinghouse Air Brake Technologies quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.30 | 0.05 | +19.74% |
| Q1 2026 | 2026-03-31 | 0.30 | 0.07 | +32.09% |
| Q4 2025 | 2025-12-31 | 0.27 | 0.04 | +17.25% |
| Q3 2025 | 2025-09-30 | 0.26 | 0.03 | +14.08% |
| Q2 2025 | 2025-06-30 | 0.25 | 0.02 | +10.15% |
| Q1 2025 | 2025-03-31 | 0.23 | −0.00 | −1.37% |
| Q4 2024 | 2024-12-31 | 0.23 | −0.00 | −0.65% |
| Q3 2024 | 2024-09-30 | 0.23 | −0.00 | −0.48% |
| Q2 2024 | 2024-06-30 | 0.23 | −0.02 | −8.50% |
| Q1 2024 | 2024-03-31 | 0.23 | −0.01 | −5.04% |
| Q4 2023 | 2023-12-31 | 0.23 | −0.00 | −1.45% |
| Q3 2023 | 2023-09-30 | 0.23 | −0.01 | −3.37% |
| Q2 2023 | 2023-06-30 | 0.25 | 0.00 | +0.93% |
| Q1 2023 | 2023-03-31 | 0.24 | −0.01 | −2.17% |
| Q4 2022 | 2022-12-31 | 0.23 | −0.00 | −1.25% |
| Q3 2022 | 2022-09-30 | 0.24 | 0.00 | +0.09% |
| Q2 2022 | 2022-06-30 | 0.25 | 0.01 | +4.01% |
| Q1 2022 | 2022-03-31 | 0.25 | −0.00 | −0.23% |
| Q4 2021 | 2021-12-31 | 0.24 | −0.01 | −3.51% |
| Q3 2021 | 2021-09-30 | 0.24 | −0.00 | −1.83% |
| Q2 2021 | 2021-06-30 | 0.24 | −0.02 | −7.34% |
| Q1 2021 | 2021-03-31 | 0.25 | −0.02 | −7.60% |
| Q4 2020 | 2020-12-31 | 0.25 | −0.00 | −1.00% |
| Q3 2020 | 2020-09-30 | 0.24 | −0.02 | −7.66% |
| Q2 2020 | 2020-06-30 | 0.26 | −0.00 | −0.79% |
| Q1 2020 | 2020-03-31 | 0.27 | −0.01 | −2.17% |
| Q4 2019 | 2019-12-31 | 0.25 | −0.20 | −44.34% |
| Q3 2019 | 2019-09-30 | 0.26 | −0.19 | −41.41% |
| Q2 2019 | 2019-06-30 | 0.26 | −0.02 | −8.78% |
| Q1 2019 | 2019-03-31 | 0.27 | −0.01 | −2.20% |
| Q4 2018 | 2018-12-31 | 0.45 | 0.16 | +56.86% |
| Q3 2018 | 2018-09-30 | 0.45 | 0.16 | +55.53% |
| Q2 2018 | 2018-06-30 | 0.28 | −0.03 | −8.45% |
| Q1 2018 | 2018-03-31 | 0.28 | −0.03 | −9.91% |
| Q4 2017 | 2017-12-31 | 0.28 | −0.00 | −1.16% |
| Q3 2017 | 2017-09-30 | 0.29 | 0.05 | +21.48% |
| Q2 2017 | 2017-06-30 | 0.31 | 0.09 | +40.00% |
| Q1 2017 | 2017-03-31 | 0.31 | 0.07 | +30.71% |
| Q4 2016 | 2016-12-31 | 0.29 | 0.07 | +34.18% |
| Q3 2016 | 2016-09-30 | 0.24 | 0.10 | +76.38% |
| Q2 2016 | 2016-06-30 | 0.22 | 0.10 | +81.23% |
| Q1 2016 | 2016-03-31 | 0.24 | 0.10 | +78.48% |
| Q4 2015 | 2015-12-31 | 0.21 | 0.06 | +35.87% |
| Q3 2015 | 2015-09-30 | 0.14 | −0.03 | −16.14% |
| Q2 2015 | 2015-06-30 | 0.12 | −0.04 | −23.24% |
| Q1 2015 | 2015-03-31 | 0.13 | −0.02 | −13.98% |
| Q4 2014 | 2014-12-31 | 0.16 | −0.00 | −1.23% |
| Q3 2014 | 2014-09-30 | 0.16 | −0.03 | −15.60% |
| Q2 2014 | 2014-06-30 | 0.16 | 0.00 | +0.36% |
| Q1 2014 | 2014-03-31 | 0.15 | −0.01 | −7.27% |
| Q4 2013 | 2013-12-31 | 0.16 | 0.02 | +18.14% |
| Q3 2013 | 2013-09-30 | 0.19 | 0.01 | +6.04% |
| Q2 2013 | 2013-06-30 | 0.16 | −0.03 | −16.99% |
| Q1 2013 | 2013-03-31 | 0.17 | −0.01 | −4.16% |
| Q4 2012 | 2012-12-31 | 0.14 | −0.05 | −26.27% |
| Q3 2012 | 2012-09-30 | 0.18 | −0.02 | −10.78% |
| Q2 2012 | 2012-06-30 | 0.19 | −0.01 | −3.54% |
| Q1 2012 | 2012-03-31 | 0.17 | −0.04 | −17.56% |
| Q4 2011 | 2011-12-31 | 0.18 | −0.05 | −21.67% |
| Q3 2011 | 2011-09-30 | 0.20 | −0.04 | −15.72% |
| Q2 2011 | 2011-06-30 | 0.20 | −0.05 | −21.18% |
| Q1 2011 | 2011-03-31 | 0.21 | — | — |
| Q4 2010 | 2010-12-31 | 0.23 | −0.01 | −5.25% |
| Q3 2010 | 2010-09-30 | 0.24 | — | — |
| Q2 2010 | 2010-06-30 | 0.25 | — | — |
| Q4 2009 | 2009-12-31 | 0.25 | — | — |
Westinghouse Air Brake Technologies debt-to-assets ratio trends
Over the last five fiscal years, Westinghouse Air Brake Technologies's debt-to-assets ratio increased from 0.25 to 0.27, a change of 0.02. The latest reported quarter, Q2 2026, shows 0.30.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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