Westinghouse Air Brake Technologies Return on Equity (ROE) Growth & History (WAB)
Westinghouse Air Brake Technologies's return on equity was 11.02% for fiscal 2025.
View full Westinghouse Air Brake Technologies company overviewWestinghouse Air Brake Technologies annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.02% | +0.76 pp |
| 2024 | 2024-12-31 | 10.26% | +2.35 pp |
| 2023 | 2023-12-31 | 7.92% | +1.68 pp |
| 2022 | 2022-12-31 | 6.24% | +0.74 pp |
| 2021 | 2021-12-31 | 5.49% | +1.37 pp |
| 2020 | 2020-12-31 | 4.12% | −0.98 pp |
| 2019 | 2019-12-31 | 5.10% | −5.29 pp |
| 2018 | 2018-12-31 | 10.39% | −0.07 pp |
| 2017 | 2017-12-31 | 10.46% | −5.15 pp |
| 2016 | 2016-12-31 | 15.61% | −7.12 pp |
| 2015 | 2015-12-31 | 22.73% | +2.00 pp |
| 2014 | 2014-12-31 | 20.73% | +0.31 pp |
| 2013 | 2013-12-31 | 20.42% | −1.26 pp |
| 2012 | 2012-12-31 | 21.68% | +4.19 pp |
| 2011 | 2011-12-31 | 17.50% | +2.81 pp |
| 2010 | 2010-12-31 | 14.68% | −1.50 pp |
| 2009 | 2009-12-31 | 16.18% | — |
Westinghouse Air Brake Technologies quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.54% | +0.37 pp |
| Q1 2026 | 2026-03-31 | 3.25% | +0.11 pp |
| Q4 2025 | 2025-12-31 | 1.82% | −0.26 pp |
| Q3 2025 | 2025-09-30 | 2.84% | +0.11 pp |
| Q2 2025 | 2025-06-30 | 3.17% | +0.41 pp |
| Q1 2025 | 2025-03-31 | 3.15% | +0.55 pp |
| Q4 2024 | 2024-12-31 | 2.08% | +0.02 pp |
| Q3 2024 | 2024-09-30 | 2.73% | +0.39 pp |
| Q2 2024 | 2024-06-30 | 2.76% | +0.88 pp |
| Q1 2024 | 2024-03-31 | 2.60% | +0.92 pp |
| Q4 2023 | 2023-12-31 | 2.07% | +0.48 pp |
| Q3 2023 | 2023-09-30 | 2.34% | +0.72 pp |
| Q2 2023 | 2023-06-30 | 1.88% | +0.22 pp |
| Q1 2023 | 2023-03-31 | 1.67% | +0.20 pp |
| Q4 2022 | 2022-12-31 | 1.58% | −0.29 pp |
| Q3 2022 | 2022-09-30 | 1.62% | +0.34 pp |
| Q2 2022 | 2022-06-30 | 1.66% | +0.44 pp |
| Q1 2022 | 2022-03-31 | 1.47% | +0.37 pp |
| Q4 2021 | 2021-12-31 | 1.87% | +1.00 pp |
| Q3 2021 | 2021-09-30 | 1.28% | −0.01 pp |
| Q2 2021 | 2021-06-30 | 1.22% | +0.34 pp |
| Q1 2021 | 2021-03-31 | 1.11% | −0.03 pp |
| Q4 2020 | 2020-12-31 | 0.87% | −0.51 pp |
| Q3 2020 | 2020-09-30 | 1.29% | +0.36 pp |
| Q2 2020 | 2020-06-30 | 0.89% | −0.18 pp |
| Q1 2020 | 2020-03-31 | 1.13% | +1.20 pp |
| Q4 2019 | 2019-12-31 | 1.38% | +0.19 pp |
| Q3 2019 | 2019-09-30 | 0.93% | −2.11 pp |
| Q2 2019 | 2019-06-30 | 1.07% | −1.83 pp |
| Q1 2019 | 2019-03-31 | −0.07% | −3.13 pp |
| Q4 2018 | 2018-12-31 | 1.19% | −0.58 pp |
| Q3 2018 | 2018-09-30 | 3.05% | +0.50 pp |
| Q2 2018 | 2018-06-30 | 2.90% | −0.03 pp |
| Q1 2018 | 2018-03-31 | 3.06% | −0.18 pp |
| Q4 2017 | 2017-12-31 | 1.77% | −0.15 pp |
| Q3 2017 | 2017-09-30 | 2.55% | −2.23 pp |
| Q2 2017 | 2017-06-30 | 2.93% | −2.40 pp |
| Q1 2017 | 2017-03-31 | 3.24% | −2.34 pp |
| Q4 2016 | 2016-12-31 | 1.92% | −3.60 pp |
| Q3 2016 | 2016-09-30 | 4.78% | −0.26 pp |
| Q2 2016 | 2016-06-30 | 5.32% | −0.06 pp |
| Q1 2016 | 2016-03-31 | 5.58% | +0.27 pp |
| Q4 2015 | 2015-12-31 | 5.53% | +0.37 pp |
| Q3 2015 | 2015-09-30 | 5.04% | −0.04 pp |
| Q2 2015 | 2015-06-30 | 5.38% | +0.23 pp |
| Q1 2015 | 2015-03-31 | 5.31% | +0.40 pp |
| Q4 2014 | 2014-12-31 | 5.16% | +0.38 pp |
| Q3 2014 | 2014-09-30 | 5.07% | −0.00 pp |
| Q2 2014 | 2014-06-30 | 5.15% | −0.32 pp |
| Q1 2014 | 2014-03-31 | 4.91% | −0.44 pp |
| Q4 2013 | 2013-12-31 | 4.78% | −0.40 pp |
| Q3 2013 | 2013-09-30 | 5.08% | −0.23 pp |
| Q2 2013 | 2013-06-30 | 5.47% | −0.22 pp |
| Q1 2013 | 2013-03-31 | 5.35% | −0.12 pp |
| Q4 2012 | 2012-12-31 | 5.18% | +0.68 pp |
| Q3 2012 | 2012-09-30 | 5.30% | +0.70 pp |
| Q2 2012 | 2012-06-30 | 5.70% | +2.03 pp |
| Q1 2012 | 2012-03-31 | 5.47% | +1.08 pp |
| Q4 2011 | 2011-12-31 | 4.50% | +1.00 pp |
| Q3 2011 | 2011-09-30 | 4.60% | +0.95 pp |
| Q2 2011 | 2011-06-30 | 3.67% | −0.28 pp |
| Q1 2011 | 2011-03-31 | 4.39% | — |
| Q4 2010 | 2010-12-31 | 3.50% | — |
| Q3 2010 | 2010-09-30 | 3.65% | — |
| Q2 2010 | 2010-06-30 | 3.95% | — |
Westinghouse Air Brake Technologies return on equity trends
Over the last five fiscal years, Westinghouse Air Brake Technologies's return on equity increased from 4.12% to 11.02%, a change of +6.90 percentage points. The latest reported quarter, Q2 2026, shows 3.54%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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