Westinghouse Air Brake Technologies (WAB) Ratios
Westinghouse Air Brake Technologies Ratios
MX:WAB's free cash flow for Q3 2026 was $381.00M. For the 2026 fiscal year, MX:WAB's free cash flow was decreased by $-74.00M and operating cash flow was $455.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.11 | 1.30 | 1.20 | 1.25 | 1.32 |
| Quick Ratio | 0.57 | 0.69 | 0.63 | 0.66 | 0.74 |
| Cash Ratio | 0.15 | 0.19 | 0.15 | 0.16 | 0.16 |
| Solvency Ratio | 0.15 | 0.18 | 0.15 | 0.13 | 0.12 |
| Operating Cash Flow Ratio | 0.34 | 0.48 | 0.30 | 0.30 | 0.37 |
| Short-Term Operating Cash Flow Coverage | 1.41 | 3.67 | 1.54 | 4.14 | 536.50 |
| Net Current Asset Value | $ -5.18B | $ -3.63B | $ -3.61B | $ -4.04B | $ -4.38B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.25 | 0.21 | 0.21 | 0.22 | 0.22 |
| Debt-to-Equity Ratio | 0.50 | 0.39 | 0.39 | 0.40 | 0.40 |
| Debt-to-Capital Ratio | 0.33 | 0.28 | 0.28 | 0.28 | 0.28 |
| Long-Term Debt-to-Capital Ratio | 0.28 | 0.26 | 0.24 | 0.27 | 0.28 |
| Financial Leverage Ratio | 1.98 | 1.85 | 1.81 | 1.83 | 1.81 |
| Debt Service Coverage Ratio | 1.26 | 2.46 | 1.52 | 2.87 | 6.61 |
| Interest Coverage Ratio | 8.31 | 8.00 | 5.81 | 5.44 | 4.95 |
| Debt to Market Cap | 0.15 | 0.12 | 0.18 | 0.22 | 0.23 |
| Interest Debt Per Share | 33.82 | 24.01 | 23.98 | 22.99 | 22.56 |
| Net Debt to EBITDA | 2.09 | 1.58 | 1.93 | 2.36 | 2.65 |
| Profitability Margins | |||||
| Gross Profit Margin | 31.48% | 32.41% | 30.42% | 30.38% | 30.29% |
| EBIT Margin | 16.27% | 15.51% | 13.54% | 12.44% | 11.68% |
| EBITDA Margin | 20.36% | 19.93% | 18.47% | 17.53% | 17.32% |
| Operating Profit Margin | 16.74% | 15.49% | 13.08% | 12.09% | 11.20% |
| Pretax Profit Margin | 14.26% | 13.57% | 11.28% | 10.21% | 9.42% |
| Net Profit Margin | 10.48% | 10.17% | 8.42% | 7.57% | 7.13% |
| Continuous Operations Profit Margin | 10.59% | 10.27% | 8.53% | 7.67% | 7.22% |
| Net Income Per EBT | 73.49% | 74.89% | 74.63% | 74.12% | 75.71% |
| EBT Per EBIT | 85.18% | 87.63% | 86.26% | 84.47% | 84.13% |
| Return on Assets (ROA) | 5.30% | 5.65% | 4.29% | 3.42% | 3.02% |
| Return on Equity (ROE) | 10.50% | 10.46% | 7.77% | 6.27% | 5.47% |
| Return on Capital Employed (ROCE) | 11.05% | 10.79% | 8.48% | 6.72% | 5.64% |
| Return on Invested Capital (ROIC) | 7.64% | 7.90% | 6.09% | 4.96% | 4.32% |
| Return on Tangible Assets | 14.60% | 14.96% | 11.64% | 9.58% | 9.06% |
| Earnings Yield | 3.21% | 3.20% | 3.59% | 3.48% | 3.23% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.89 | 6.10 | 5.75 | 5.50 | 5.30 |
| Payables Turnover | 5.46 | 5.40 | 5.39 | 4.48 | 5.39 |
| Inventory Turnover | 2.79 | 3.03 | 2.95 | 2.86 | 3.23 |
| Fixed Asset Turnover | 6.91 | 7.18 | 6.52 | 5.85 | 5.23 |
| Asset Turnover | 0.51 | 0.56 | 0.51 | 0.45 | 0.42 |
| Working Capital Turnover Ratio | 13.18 | 10.65 | 11.67 | 9.38 | 9.93 |
| Cash Conversion Cycle | 126.07 | 112.52 | 119.57 | 112.26 | 114.24 |
| Days of Sales Outstanding | 62.00 | 59.81 | 63.52 | 66.30 | 68.92 |
| Days of Inventory Outstanding | 130.94 | 120.30 | 123.82 | 127.52 | 113.05 |
| Days of Payables Outstanding | 66.88 | 67.58 | 67.76 | 81.56 | 67.74 |
| Operating Cycle | 192.94 | 180.11 | 187.33 | 193.82 | 181.98 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 10.32 | 10.53 | 6.72 | 5.70 | 5.72 |
| Free Cash Flow Per Share | 8.79 | 9.35 | 5.68 | 4.88 | 5.02 |
| Dividend Paid and CapEx Coverage Ratio | 4.06 | 5.29 | 3.89 | 3.99 | 4.83 |
| Capital Expenditure Coverage Ratio | 6.77 | 8.86 | 6.46 | 6.97 | 8.25 |
| Operating Cash Flow Coverage Ratio | 0.32 | 0.46 | 0.30 | 0.26 | 0.26 |
| Operating Cash Flow to Sales Ratio | 0.16 | 0.18 | 0.12 | 0.12 | 0.14 |
| Free Cash Flow Yield | 4.12% | 4.93% | 4.47% | 4.89% | 5.45% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 31.12 | 31.34 | 27.84 | 28.73 | 30.98 |
| Price-to-Sales (P/S) Ratio | 3.26 | 3.18 | 2.34 | 2.17 | 2.21 |
| Price-to-Book (P/B) Ratio | 3.27 | 3.27 | 2.16 | 1.80 | 1.69 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 24.28 | 20.29 | 22.35 | 20.46 | 18.33 |
| Price-to-Operating Cash Flow Ratio | 20.69 | 18.00 | 18.89 | 17.52 | 16.11 |
| Price-to-Earnings Growth (PEG) Ratio | 2.32 | 0.96 | 0.89 | 1.67 | 0.87 |
| Enterprise Value Multiple | 18.09 | 17.53 | 14.63 | 14.77 | 15.41 |
| Enterprise Value | 41.15B | 36.28B | 26.14B | 21.65B | 20.87B |
| EV to EBITDA | 18.09 | 17.53 | 14.63 | 14.77 | 15.41 |
| EV to Sales | 3.68 | 3.49 | 2.70 | 2.59 | 2.67 |
| EV to Free Cash Flow | 27.45 | 22.30 | 25.75 | 24.35 | 22.14 |
| EV to Operating Cash Flow | 23.39 | 19.78 | 21.76 | 20.85 | 19.45 |
| Tangible Book Value Per Share | -16.80 | -8.68 | -8.17 | -9.68 | -10.94 |
| Shareholders’ Equity Per Share | 65.35 | 57.96 | 58.65 | 55.44 | 54.35 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.26 | 0.24 | 0.24 | 0.25 | 0.23 |
| Revenue Per Share | 65.50 | 59.66 | 54.12 | 45.89 | 41.67 |
| Net Income Per Share | 6.86 | 6.07 | 4.56 | 3.47 | 2.97 |
| Tax Burden | 0.73 | 0.75 | 0.75 | 0.74 | 0.76 |
| Interest Burden | 0.88 | 0.88 | 0.83 | 0.82 | 0.81 |
| Research & Development to Revenue | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| SG&A to Revenue | 0.13 | 0.12 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 |
| Income Quality | 1.49 | 1.72 | 1.46 | 1.62 | 1.90 |
Currency in USD