Westinghouse Air Brake Technologies annual operating margin
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Westinghouse Air Brake Technologies Operating Margin Growth & History (WAB)
Westinghouse Air Brake Technologies's operating margin was 16.06% for fiscal 2025.
View full Westinghouse Air Brake Technologies company overviewWestinghouse Air Brake Technologies annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.06% | +0.57 pp |
| 2024 | 2024-12-31 | 15.49% | +2.41 pp |
| 2023 | 2023-12-31 | 13.08% | +0.99 pp |
| 2022 | 2022-12-31 | 12.09% | +0.89 pp |
| 2021 | 2021-12-31 | 11.20% | +1.34 pp |
| 2020 | 2020-12-31 | 9.86% | +1.77 pp |
| 2019 | 2019-12-31 | 8.09% | −2.76 pp |
| 2018 | 2018-12-31 | 10.85% | +0.00 pp |
| 2017 | 2017-12-31 | 10.85% | −4.73 pp |
| 2016 | 2016-12-31 | 15.58% | −2.79 pp |
| 2015 | 2015-12-31 | 18.37% | +1.05 pp |
| 2014 | 2014-12-31 | 17.31% | +0.27 pp |
| 2013 | 2013-12-31 | 17.04% | +0.63 pp |
| 2012 | 2012-12-31 | 16.41% | +2.65 pp |
| 2011 | 2011-12-31 | 13.76% | +0.30 pp |
| 2010 | 2010-12-31 | 13.46% | +0.61 pp |
| 2009 | 2009-12-31 | 12.84% | −0.65 pp |
| 2008 | 2008-12-31 | 13.50% | — |
Westinghouse Air Brake Technologies quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.87% | +1.43 pp |
| Q1 2026 | 2026-03-31 | 17.53% | −0.64 pp |
| Q4 2025 | 2025-12-31 | 12.01% | −0.92 pp |
| Q3 2025 | 2025-09-30 | 17.01% | +0.75 pp |
| Q2 2025 | 2025-06-30 | 17.44% | +1.18 pp |
| Q1 2025 | 2025-03-31 | 18.16% | +1.66 pp |
| Q4 2024 | 2024-12-31 | 12.93% | +0.74 pp |
| Q3 2024 | 2024-09-30 | 16.26% | +1.75 pp |
| Q2 2024 | 2024-06-30 | 16.26% | +3.30 pp |
| Q1 2024 | 2024-03-31 | 16.50% | +3.92 pp |
| Q4 2023 | 2023-12-31 | 12.19% | +1.48 pp |
| Q3 2023 | 2023-09-30 | 14.51% | +1.97 pp |
| Q2 2023 | 2023-06-30 | 12.96% | +0.07 pp |
| Q1 2023 | 2023-03-31 | 12.58% | +0.18 pp |
| Q4 2022 | 2022-12-31 | 10.71% | −2.02 pp |
| Q3 2022 | 2022-09-30 | 12.54% | +1.16 pp |
| Q2 2022 | 2022-06-30 | 12.89% | +2.80 pp |
| Q1 2022 | 2022-03-31 | 12.40% | +1.91 pp |
| Q4 2021 | 2021-12-31 | 12.74% | +4.75 pp |
| Q3 2021 | 2021-09-30 | 11.38% | +0.30 pp |
| Q2 2021 | 2021-06-30 | 10.09% | +0.91 pp |
| Q1 2021 | 2021-03-31 | 10.49% | −0.77 pp |
| Q4 2020 | 2020-12-31 | 7.99% | −1.56 pp |
| Q3 2020 | 2020-09-30 | 11.08% | +2.63 pp |
| Q2 2020 | 2020-06-30 | 9.17% | +0.20 pp |
| Q1 2020 | 2020-03-31 | 11.26% | +7.04 pp |
| Q4 2019 | 2019-12-31 | 9.54% | +1.19 pp |
| Q3 2019 | 2019-09-30 | 8.45% | −3.17 pp |
| Q2 2019 | 2019-06-30 | 8.97% | −2.14 pp |
| Q1 2019 | 2019-03-31 | 4.22% | −8.21 pp |
| Q4 2018 | 2018-12-31 | 8.36% | −0.16 pp |
| Q3 2018 | 2018-09-30 | 11.62% | +1.00 pp |
| Q2 2018 | 2018-06-30 | 11.11% | −1.05 pp |
| Q1 2018 | 2018-03-31 | 12.43% | −0.07 pp |
| Q4 2017 | 2017-12-31 | 8.51% | +0.48 pp |
| Q3 2017 | 2017-09-30 | 10.61% | −7.16 pp |
| Q2 2017 | 2017-06-30 | 12.16% | −6.26 pp |
| Q1 2017 | 2017-03-31 | 12.50% | −5.92 pp |
| Q4 2016 | 2016-12-31 | 8.03% | −10.12 pp |
| Q3 2016 | 2016-09-30 | 17.78% | −1.01 pp |
| Q2 2016 | 2016-06-30 | 18.42% | +0.02 pp |
| Q1 2016 | 2016-03-31 | 18.42% | +0.29 pp |
| Q4 2015 | 2015-12-31 | 18.16% | +1.47 pp |
| Q3 2015 | 2015-09-30 | 18.79% | +1.73 pp |
| Q2 2015 | 2015-06-30 | 18.40% | +0.30 pp |
| Q1 2015 | 2015-03-31 | 18.13% | +0.61 pp |
| Q4 2014 | 2014-12-31 | 16.69% | +0.37 pp |
| Q3 2014 | 2014-09-30 | 17.06% | −0.35 pp |
| Q2 2014 | 2014-06-30 | 18.10% | +0.46 pp |
| Q1 2014 | 2014-03-31 | 17.53% | +0.68 pp |
| Q4 2013 | 2013-12-31 | 16.32% | −0.14 pp |
| Q3 2013 | 2013-09-30 | 17.40% | +0.92 pp |
| Q2 2013 | 2013-06-30 | 17.64% | +1.10 pp |
| Q1 2013 | 2013-03-31 | 16.84% | +0.71 pp |
| Q4 2012 | 2012-12-31 | 16.46% | +2.90 pp |
| Q3 2012 | 2012-09-30 | 16.48% | +1.36 pp |
| Q2 2012 | 2012-06-30 | 16.54% | +4.77 pp |
| Q1 2012 | 2012-03-31 | 16.13% | +1.55 pp |
| Q4 2011 | 2011-12-31 | 13.56% | +0.50 pp |
| Q3 2011 | 2011-09-30 | 15.13% | +1.65 pp |
| Q2 2011 | 2011-06-30 | 11.77% | −1.50 pp |
| Q1 2011 | 2011-03-31 | 14.58% | +0.52 pp |
| Q4 2010 | 2010-12-31 | 13.06% | −0.79 pp |
| Q3 2010 | 2010-09-30 | 13.48% | +2.48 pp |
| Q2 2010 | 2010-06-30 | 13.27% | — |
| Q1 2010 | 2010-03-31 | 14.06% | — |
| Q3 2009 | 2009-09-30 | 13.85% | — |
| Q2 2009 | 2009-06-30 | 11.00% | — |
Westinghouse Air Brake Technologies operating margin trends
Over the last five reported fiscal years, Westinghouse Air Brake Technologies's operating margin increased from 9.86% to 16.06%, a change of +6.20 percentage points. The latest reported quarter, Q2 2026, shows 18.87%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗