Westinghouse Air Brake Technologies Gross Margin Growth & History (WAB)
Westinghouse Air Brake Technologies's gross margin was 34.08% for fiscal 2025.
View full Westinghouse Air Brake Technologies company overviewWestinghouse Air Brake Technologies annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 34.08% | +1.68 pp |
| 2024 | 2024-12-31 | 32.41% | +1.98 pp |
| 2023 | 2023-12-31 | 30.42% | +0.05 pp |
| 2022 | 2022-12-31 | 30.38% | +0.09 pp |
| 2021 | 2021-12-31 | 30.29% | +2.00 pp |
| 2020 | 2020-12-31 | 28.28% | +0.50 pp |
| 2019 | 2019-12-31 | 27.78% | −0.50 pp |
| 2018 | 2018-12-31 | 28.28% | +0.83 pp |
| 2017 | 2017-12-31 | 27.44% | −4.09 pp |
| 2016 | 2016-12-31 | 31.53% | −0.14 pp |
| 2015 | 2015-12-31 | 31.68% | +0.93 pp |
| 2014 | 2014-12-31 | 30.74% | +0.97 pp |
| 2013 | 2013-12-31 | 29.77% | +0.72 pp |
| 2012 | 2012-12-31 | 29.05% | +0.06 pp |
| 2011 | 2011-12-31 | 28.99% | −0.81 pp |
| 2010 | 2010-12-31 | 29.80% | +1.74 pp |
| 2009 | 2009-12-31 | 28.06% | +0.94 pp |
| 2008 | 2008-12-31 | 27.13% | — |
Westinghouse Air Brake Technologies quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 36.52% | +1.86 pp |
| Q1 2026 | 2026-03-31 | 35.97% | +1.48 pp |
| Q4 2025 | 2025-12-31 | 32.58% | +1.72 pp |
| Q3 2025 | 2025-09-30 | 34.72% | +1.67 pp |
| Q2 2025 | 2025-06-30 | 34.66% | +1.61 pp |
| Q1 2025 | 2025-03-31 | 34.48% | +1.84 pp |
| Q4 2024 | 2024-12-31 | 30.86% | +0.61 pp |
| Q3 2024 | 2024-09-30 | 33.05% | +1.99 pp |
| Q2 2024 | 2024-06-30 | 33.06% | +3.02 pp |
| Q1 2024 | 2024-03-31 | 32.64% | +2.33 pp |
| Q4 2023 | 2023-12-31 | 30.25% | +1.97 pp |
| Q3 2023 | 2023-09-30 | 31.06% | −0.08 pp |
| Q2 2023 | 2023-06-30 | 30.04% | −1.46 pp |
| Q1 2023 | 2023-03-31 | 30.31% | −0.57 pp |
| Q4 2022 | 2022-12-31 | 28.27% | −3.18 pp |
| Q3 2022 | 2022-09-30 | 31.14% | −0.48 pp |
| Q2 2022 | 2022-06-30 | 31.49% | +2.67 pp |
| Q1 2022 | 2022-03-31 | 30.88% | +1.70 pp |
| Q4 2021 | 2021-12-31 | 31.45% | +6.48 pp |
| Q3 2021 | 2021-09-30 | 31.62% | +1.26 pp |
| Q2 2021 | 2021-06-30 | 28.83% | +0.81 pp |
| Q1 2021 | 2021-03-31 | 29.18% | −0.81 pp |
| Q4 2020 | 2020-12-31 | 24.98% | −3.52 pp |
| Q3 2020 | 2020-09-30 | 30.36% | +0.41 pp |
| Q2 2020 | 2020-06-30 | 28.01% | +0.53 pp |
| Q1 2020 | 2020-03-31 | 29.99% | +5.58 pp |
| Q4 2019 | 2019-12-31 | 28.50% | +1.92 pp |
| Q3 2019 | 2019-09-30 | 29.94% | +1.92 pp |
| Q2 2019 | 2019-06-30 | 27.49% | −1.65 pp |
| Q1 2019 | 2019-03-31 | 24.41% | −5.02 pp |
| Q4 2018 | 2018-12-31 | 26.57% | +1.61 pp |
| Q3 2018 | 2018-09-30 | 28.02% | +1.59 pp |
| Q2 2018 | 2018-06-30 | 29.14% | −0.25 pp |
| Q1 2018 | 2018-03-31 | 29.43% | −0.01 pp |
| Q4 2017 | 2017-12-31 | 24.96% | −3.88 pp |
| Q3 2017 | 2017-09-30 | 26.43% | −5.02 pp |
| Q2 2017 | 2017-06-30 | 29.39% | −3.42 pp |
| Q1 2017 | 2017-03-31 | 29.44% | −3.61 pp |
| Q4 2016 | 2016-12-31 | 28.84% | −3.29 pp |
| Q3 2016 | 2016-09-30 | 31.45% | −0.30 pp |
| Q2 2016 | 2016-06-30 | 32.81% | +1.19 pp |
| Q1 2016 | 2016-03-31 | 33.05% | +1.86 pp |
| Q4 2015 | 2015-12-31 | 32.13% | +1.15 pp |
| Q3 2015 | 2015-09-30 | 31.76% | +0.72 pp |
| Q2 2015 | 2015-06-30 | 31.61% | +0.88 pp |
| Q1 2015 | 2015-03-31 | 31.19% | +1.05 pp |
| Q4 2014 | 2014-12-31 | 30.98% | +1.61 pp |
| Q3 2014 | 2014-09-30 | 31.04% | +1.24 pp |
| Q2 2014 | 2014-06-30 | 30.73% | +0.50 pp |
| Q1 2014 | 2014-03-31 | 30.14% | +0.43 pp |
| Q4 2013 | 2013-12-31 | 29.37% | −0.20 pp |
| Q3 2013 | 2013-09-30 | 29.80% | +0.65 pp |
| Q2 2013 | 2013-06-30 | 30.23% | +1.79 pp |
| Q1 2013 | 2013-03-31 | 29.71% | +0.68 pp |
| Q4 2012 | 2012-12-31 | 29.57% | +2.01 pp |
| Q3 2012 | 2012-09-30 | 29.15% | −0.35 pp |
| Q2 2012 | 2012-06-30 | 28.44% | −1.37 pp |
| Q1 2012 | 2012-03-31 | 29.04% | −0.22 pp |
| Q4 2011 | 2011-12-31 | 27.56% | −2.45 pp |
| Q3 2011 | 2011-09-30 | 29.50% | +0.42 pp |
| Q2 2011 | 2011-06-30 | 29.81% | −0.52 pp |
| Q1 2011 | 2011-03-31 | 29.26% | −0.53 pp |
| Q4 2010 | 2010-12-31 | 30.00% | +1.31 pp |
| Q3 2010 | 2010-09-30 | 29.08% | +1.63 pp |
| Q2 2010 | 2010-06-30 | 30.33% | — |
| Q1 2010 | 2010-03-31 | 29.78% | — |
| Q3 2009 | 2009-09-30 | 28.70% | — |
| Q2 2009 | 2009-06-30 | 27.44% | — |
Westinghouse Air Brake Technologies gross margin trends
Over the last five reported fiscal years, Westinghouse Air Brake Technologies's gross margin increased from 28.28% to 34.08%, a change of +5.80 percentage points. The latest reported quarter, Q2 2026, shows 36.52%.
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Westinghouse Air Brake Technologies filings at SEC.gov ↗