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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.46
WAB's Cash to Debt is ranked higher than
59% of the 797 Companies
in the Global Railroads industry.

( Industry Median: 0.35 vs. WAB: 0.46 )
Ranked among companies with meaningful Cash to Debt only.
WAB' s Cash to Debt Range Over the Past 10 Years
Min: 0  Med: 0.44 Max: 1.65
Current: 0.46
0
1.65
Equity to Asset 0.60
WAB's Equity to Asset is ranked higher than
75% of the 791 Companies
in the Global Railroads industry.

( Industry Median: 0.45 vs. WAB: 0.60 )
Ranked among companies with meaningful Equity to Asset only.
WAB' s Equity to Asset Range Over the Past 10 Years
Min: -0.37  Med: 0.45 Max: 0.6
Current: 0.6
-0.37
0.6
F-Score: 8
Z-Score: 5.59
M-Score: -2.62
WACC vs ROIC
9.71%
19.77%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 18.00
WAB's Operating margin (%) is ranked higher than
75% of the 790 Companies
in the Global Railroads industry.

( Industry Median: 6.23 vs. WAB: 18.00 )
Ranked among companies with meaningful Operating margin (%) only.
WAB' s Operating margin (%) Range Over the Past 10 Years
Min: 9.79  Med: 13.48 Max: 17.31
Current: 18
9.79
17.31
Net-margin (%) 11.82
WAB's Net-margin (%) is ranked higher than
73% of the 796 Companies
in the Global Railroads industry.

( Industry Median: 4.39 vs. WAB: 11.82 )
Ranked among companies with meaningful Net-margin (%) only.
WAB' s Net-margin (%) Range Over the Past 10 Years
Min: 5.39  Med: 8.25 Max: 11.55
Current: 11.82
5.39
11.55
ROE (%) 20.83
WAB's ROE (%) is ranked higher than
88% of the 784 Companies
in the Global Railroads industry.

( Industry Median: 7.06 vs. WAB: 20.83 )
Ranked among companies with meaningful ROE (%) only.
WAB' s ROE (%) Range Over the Past 10 Years
Min: 14.68  Med: 20.07 Max: 21.68
Current: 20.83
14.68
21.68
ROA (%) 11.93
WAB's ROA (%) is ranked higher than
93% of the 807 Companies
in the Global Railroads industry.

( Industry Median: 3.05 vs. WAB: 11.93 )
Ranked among companies with meaningful ROA (%) only.
WAB' s ROA (%) Range Over the Past 10 Years
Min: 7.2  Med: 9.58 Max: 11.48
Current: 11.93
7.2
11.48
ROC (Joel Greenblatt) (%) 61.50
WAB's ROC (Joel Greenblatt) (%) is ranked higher than
93% of the 787 Companies
in the Global Railroads industry.

( Industry Median: 9.18 vs. WAB: 61.50 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
WAB' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 39.59  Med: 57.64 Max: 76.98
Current: 61.5
39.59
76.98
Revenue Growth (3Y)(%) 15.60
WAB's Revenue Growth (3Y)(%) is ranked higher than
88% of the 683 Companies
in the Global Railroads industry.

( Industry Median: 2.80 vs. WAB: 15.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
WAB' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -8.2  Med: 8.90 Max: 19.2
Current: 15.6
-8.2
19.2
EBITDA Growth (3Y)(%) 23.00
WAB's EBITDA Growth (3Y)(%) is ranked higher than
85% of the 578 Companies
in the Global Railroads industry.

( Industry Median: 3.70 vs. WAB: 23.00 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
WAB' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -22  Med: 11.10 Max: 34.3
Current: 23
-22
34.3
EPS Growth (3Y)(%) 27.30
WAB's EPS Growth (3Y)(%) is ranked higher than
85% of the 504 Companies
in the Global Railroads industry.

( Industry Median: 4.50 vs. WAB: 27.30 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
WAB' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -39.4  Med: 19.10 Max: 51.1
Current: 27.3
-39.4
51.1
» WAB's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2014

WAB Guru Trades in Q4 2014

Steven Cohen 184,400 sh (New)
Ron Baron 504,182 sh (+6.04%)
First Pacific Advisors 2,800 sh (unchged)
Mariko Gordon 766,157 sh (-0.46%)
Chuck Royce 706,909 sh (-0.95%)
Pioneer Investments 73,029 sh (-0.96%)
Columbia Wanger 1,053,000 sh (-2.77%)
John Keeley 101,100 sh (-3.34%)
Jeremy Grantham 100,953 sh (-14.92%)
Jim Simons 115,800 sh (-60.50%)
» More
Q1 2015

WAB Guru Trades in Q1 2015

Joel Greenblatt 17,335 sh (New)
Jim Simons 204,900 sh (+76.94%)
John Keeley 101,690 sh (+0.58%)
First Pacific Advisors 2,800 sh (unchged)
Ron Baron 503,844 sh (-0.07%)
Mariko Gordon 747,443 sh (-2.44%)
Columbia Wanger 1,021,000 sh (-3.04%)
Jeremy Grantham 95,853 sh (-5.05%)
Pioneer Investments 64,895 sh (-11.14%)
Chuck Royce 601,669 sh (-14.89%)
Steven Cohen 36,500 sh (-80.21%)
» More
Q2 2015

WAB Guru Trades in Q2 2015

Ray Dalio 8,028 sh (New)
Paul Tudor Jones 3,100 sh (New)
Joel Greenblatt 338,867 sh (+1854.81%)
Ron Baron 553,056 sh (+9.77%)
First Pacific Advisors 2,800 sh (unchged)
Mariko Gordon Sold Out
Pioneer Investments 64,609 sh (-0.44%)
Jeremy Grantham 95,053 sh (-0.83%)
Steven Cohen 33,800 sh (-7.40%)
John Keeley 92,820 sh (-8.72%)
Jim Simons 185,600 sh (-9.42%)
Chuck Royce 528,749 sh (-12.12%)
Columbia Wanger 662,474 sh (-35.12%)
» More
Q3 2015

WAB Guru Trades in Q3 2015

Paul Tudor Jones 50,800 sh (+1538.71%)
Ray Dalio 16,828 sh (+109.62%)
First Pacific Advisors 2,800 sh (unchged)
Columbia Wanger Sold Out
Steven Cohen Sold Out
Pioneer Investments 64,434 sh (-0.27%)
Jeremy Grantham 93,923 sh (-1.19%)
Ron Baron 541,219 sh (-2.14%)
Chuck Royce 425,019 sh (-19.62%)
John Keeley 61,170 sh (-34.10%)
Jim Simons 89,100 sh (-51.99%)
Joel Greenblatt 6,206 sh (-98.17%)
» More
» Details

Insider Trades

Latest Guru Trades with WAB

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Guru Investment Theses on Westinghouse Air Brake Technologies Corp

Baron Funds Comments on Westinghouse Air Brake Technologies - Feb 20, 2014

The Fund also added to its holdings in Westinghouse Air Brake Technologies Corporation (NYSE:WAB), or "Wabtec." The company is a leading provider of component parts and services to the global rail industry. The company dates back to 1869, and it was an original part of George Westinghouse's industrial empire. Today, Wabtec is a leading supplier of critical components, such as airbrakes, couplers, doors, and electronics, to railcar and locomotive manufacturers. Once installed on these train platforms, Wabtec becomes an integral aftermarket service provider to various railroad operators and transportation authorities. As rail volumes naturally increase when the economy strengthens, more strain is placed on rail infrastructure assets, and Wabtec's aftermarket parts business benefits.



Wabtec is also a key vendor to mass transit systems, an area where we see attractive long term growth potential, as governments focus on reducing highway congestion via light rail and high-speed passenger train investments. In addition, Wabtec offers diversified international growth with nearly 50% of its revenues emanating overseas, where the addressable market opportunities are larger, the margins higher, and Wabtec's relative market share lower, all offering a runway for growth. Finally, Wabtec represents a key investment in rail safety initiatives through its leadership in Positive Train Control (PTC) technology. Positive Train Control, an on- board GPS system for locomotive engineers, may represent the greatest potential growth for Wabtec. With PTC, movement-related information, such as speed limits, track changes, signal aspects and work zones are passed through a digital communications network and displayed on a computer screen inside the locomotive. The onboard computer, with location information provided via GPS, is designed to automatically initiate braking if the engineer fails to properly do so, similar to an autopilot feature. PTC was embraced in a rail safety bill signed into U.S. law in 2007. The bill mandated the widespread domestic adoption of this safety technology by 2015. Currently, Wabtec is the only major player with an advanced commercial PTC offering. The company's bookings in this field are accelerating and represent its highest margin revenue source. (Matt Weiss)



From Baron Funds' fourth quarter letter 2013 to shareholders.



Check out Ron Baron latest stock trades

Top Ranked Articles about Westinghouse Air Brake Technologies Corp

Mariko Gordon Acquires Five New Stakes in Second Quarter
Mariko Gordon (Trades, Portfolio)’s Daruma Capital Management has had an enviable record of late. It registered a return of 44.08% in 2014 and 19.89% in 2013. Gordon started the firm 20 years ago with no assets under management. Today Gordon's firm has more than $2 billion in assets. Not bad for someone whose college degree was in comparative literature. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 15.52
WAB's P/E(ttm) is ranked lower than
54% of the 947 Companies
in the Global Railroads industry.

( Industry Median: 14.70 vs. WAB: 15.52 )
Ranked among companies with meaningful P/E(ttm) only.
WAB' s P/E(ttm) Range Over the Past 10 Years
Min: 8.94  Med: 19.88 Max: 28.54
Current: 15.52
8.94
28.54
Forward P/E 13.72
WAB's Forward P/E is ranked lower than
61% of the 550 Companies
in the Global Railroads industry.

( Industry Median: 12.21 vs. WAB: 13.72 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 15.47
WAB's PE(NRI) is ranked lower than
53% of the 727 Companies
in the Global Railroads industry.

( Industry Median: 14.80 vs. WAB: 15.47 )
Ranked among companies with meaningful PE(NRI) only.
WAB' s PE(NRI) Range Over the Past 10 Years
Min: 8.91  Med: 19.77 Max: 27.98
Current: 15.47
8.91
27.98
P/B 3.05
WAB's P/B is ranked lower than
99.99% of the 946 Companies
in the Global Railroads industry.

( Industry Median: 0.92 vs. WAB: 3.05 )
Ranked among companies with meaningful P/B only.
WAB' s P/B Range Over the Past 10 Years
Min: 1.74  Med: 3.28 Max: 5.4
Current: 3.05
1.74
5.4
P/S 1.83
WAB's P/S is ranked lower than
92% of the 945 Companies
in the Global Railroads industry.

( Industry Median: 0.65 vs. WAB: 1.83 )
Ranked among companies with meaningful P/S only.
WAB' s P/S Range Over the Past 10 Years
Min: 0.74  Med: 1.63 Max: 3.11
Current: 1.83
0.74
3.11
PFCF 13.50
WAB's PFCF is ranked higher than
62% of the 630 Companies
in the Global Railroads industry.

( Industry Median: 20.61 vs. WAB: 13.50 )
Ranked among companies with meaningful PFCF only.
WAB' s PFCF Range Over the Past 10 Years
Min: 6.95  Med: 18.46 Max: 41.85
Current: 13.5
6.95
41.85
POCF 12.12
WAB's POCF is ranked lower than
70% of the 947 Companies
in the Global Railroads industry.

( Industry Median: 7.32 vs. WAB: 12.12 )
Ranked among companies with meaningful POCF only.
WAB' s POCF Range Over the Past 10 Years
Min: 6.27  Med: 15.63 Max: 34.58
Current: 12.12
6.27
34.58
EV-to-EBIT 10.50
WAB's EV-to-EBIT is ranked higher than
63% of the 945 Companies
in the Global Railroads industry.

( Industry Median: 12.28 vs. WAB: 10.50 )
Ranked among companies with meaningful EV-to-EBIT only.
WAB' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.6  Med: 13.00 Max: 18.5
Current: 10.5
6.6
18.5
EV-to-EBITDA 9.46
WAB's EV-to-EBITDA is ranked lower than
59% of the 946 Companies
in the Global Railroads industry.

( Industry Median: 8.33 vs. WAB: 9.46 )
Ranked among companies with meaningful EV-to-EBITDA only.
WAB' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.8  Med: 11.00 Max: 16.3
Current: 9.46
5.8
16.3
PEG 0.68
WAB's PEG is ranked higher than
78% of the 320 Companies
in the Global Railroads industry.

( Industry Median: 1.68 vs. WAB: 0.68 )
Ranked among companies with meaningful PEG only.
WAB' s PEG Range Over the Past 10 Years
Min: 0.31  Med: 1.08 Max: 23.27
Current: 0.68
0.31
23.27
Shiller P/E 29.72
WAB's Shiller P/E is ranked lower than
79% of the 255 Companies
in the Global Railroads industry.

( Industry Median: 18.62 vs. WAB: 29.72 )
Ranked among companies with meaningful Shiller P/E only.
WAB' s Shiller P/E Range Over the Past 10 Years
Min: 18.23  Med: 35.67 Max: 53.27
Current: 29.72
18.23
53.27
Current Ratio 2.52
WAB's Current Ratio is ranked higher than
86% of the 800 Companies
in the Global Railroads industry.

( Industry Median: 1.22 vs. WAB: 2.52 )
Ranked among companies with meaningful Current Ratio only.
WAB' s Current Ratio Range Over the Past 10 Years
Min: 1.37  Med: 2.12 Max: 2.52
Current: 2.52
1.37
2.52
Quick Ratio 1.73
WAB's Quick Ratio is ranked higher than
74% of the 800 Companies
in the Global Railroads industry.

( Industry Median: 1.14 vs. WAB: 1.73 )
Ranked among companies with meaningful Quick Ratio only.
WAB' s Quick Ratio Range Over the Past 10 Years
Min: 0.84  Med: 1.36 Max: 1.81
Current: 1.73
0.84
1.81
Days Inventory 82.91
WAB's Days Inventory is ranked lower than
90% of the 610 Companies
in the Global Railroads industry.

( Industry Median: 12.55 vs. WAB: 82.91 )
Ranked among companies with meaningful Days Inventory only.
WAB' s Days Inventory Range Over the Past 10 Years
Min: 48.99  Med: 78.86 Max: 91.13
Current: 82.91
48.99
91.13
Days Sales Outstanding 52.51
WAB's Days Sales Outstanding is ranked lower than
64% of the 578 Companies
in the Global Railroads industry.

( Industry Median: 41.97 vs. WAB: 52.51 )
Ranked among companies with meaningful Days Sales Outstanding only.
WAB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.7  Med: 59.58 Max: 73.03
Current: 52.51
49.7
73.03
Days Payable 51.52
WAB's Days Payable is ranked higher than
66% of the 536 Companies
in the Global Railroads industry.

( Industry Median: 35.89 vs. WAB: 51.52 )
Ranked among companies with meaningful Days Payable only.
WAB' s Days Payable Range Over the Past 10 Years
Min: 42.75  Med: 52.61 Max: 69.22
Current: 51.52
42.75
69.22

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.45
WAB's Dividend Yield is ranked lower than
99.99% of the 946 Companies
in the Global Railroads industry.

( Industry Median: 3.05 vs. WAB: 0.45 )
Ranked among companies with meaningful Dividend Yield only.
WAB' s Dividend Yield Range Over the Past 10 Years
Min: 0.06  Med: 0.13 Max: 0.45
Current: 0.45
0.06
0.45
Dividend Payout 0.06
WAB's Dividend Payout is ranked higher than
98% of the 579 Companies
in the Global Railroads industry.

( Industry Median: 0.39 vs. WAB: 0.06 )
Ranked among companies with meaningful Dividend Payout only.
WAB' s Dividend Payout Range Over the Past 10 Years
Min: 0.01  Med: 0.03 Max: 0.2
Current: 0.06
0.01
0.2
Dividend Growth (3y) 71.00
WAB's Dividend Growth (3y) is ranked higher than
97% of the 356 Companies
in the Global Railroads industry.

( Industry Median: 3.30 vs. WAB: 71.00 )
Ranked among companies with meaningful Dividend Growth (3y) only.
WAB' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 86.6
Current: 71
0
86.6
Forward Dividend Yield 0.52
WAB's Forward Dividend Yield is ranked lower than
97% of the 928 Companies
in the Global Railroads industry.

( Industry Median: 2.77 vs. WAB: 0.52 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 5.49
WAB's Yield on cost (5-Year) is ranked higher than
69% of the 946 Companies
in the Global Railroads industry.

( Industry Median: 3.51 vs. WAB: 5.49 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
WAB' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.77  Med: 1.66 Max: 5.74
Current: 5.49
0.77
5.74
3-Year Average Share Buyback Ratio -0.10
WAB's 3-Year Average Share Buyback Ratio is ranked higher than
72% of the 439 Companies
in the Global Railroads industry.

( Industry Median: -1.10 vs. WAB: -0.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
WAB' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -15.8  Med: -0.30 Max: 0.8
Current: -0.1
-15.8
0.8

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 19.46
WAB's Price/Net Current Asset Value is ranked lower than
78% of the 208 Companies
in the Global Railroads industry.

( Industry Median: 5.88 vs. WAB: 19.46 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
WAB' s Price/Net Current Asset Value Range Over the Past 10 Years
Min: 11.12  Med: 36.23 Max: 286.79
Current: 19.46
11.12
286.79
Price/Tangible Book 8.63
WAB's Price/Tangible Book is ranked lower than
99.99% of the 946 Companies
in the Global Railroads industry.

( Industry Median: 1.06 vs. WAB: 8.63 )
Ranked among companies with meaningful Price/Tangible Book only.
WAB' s Price/Tangible Book Range Over the Past 10 Years
Min: 4.29  Med: 12.44 Max: 307.5
Current: 8.63
4.29
307.5
Price/Projected FCF 1.16
WAB's Price/Projected FCF is ranked higher than
58% of the 605 Companies
in the Global Railroads industry.

( Industry Median: 1.34 vs. WAB: 1.16 )
Ranked among companies with meaningful Price/Projected FCF only.
WAB' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.7  Med: 1.33 Max: 2.59
Current: 1.16
0.7
2.59
Price/DCF (Earnings Based) 0.54
WAB's Price/DCF (Earnings Based) is ranked higher than
81% of the 123 Companies
in the Global Railroads industry.

( Industry Median: 1.09 vs. WAB: 0.54 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.13
WAB's Price/Median PS Value is ranked lower than
75% of the 947 Companies
in the Global Railroads industry.

( Industry Median: 0.87 vs. WAB: 1.13 )
Ranked among companies with meaningful Price/Median PS Value only.
WAB' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.36  Med: 0.77 Max: 1.81
Current: 1.13
0.36
1.81
Price/Peter Lynch Fair Value 0.66
WAB's Price/Peter Lynch Fair Value is ranked higher than
75% of the 266 Companies
in the Global Railroads industry.

( Industry Median: 1.27 vs. WAB: 0.66 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
WAB' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.39  Med: 1.05 Max: 3.12
Current: 0.66
0.39
3.12
Price/Graham Number 2.43
WAB's Price/Graham Number is ranked lower than
88% of the 835 Companies
in the Global Railroads industry.

( Industry Median: 1.34 vs. WAB: 2.43 )
Ranked among companies with meaningful Price/Graham Number only.
WAB' s Price/Graham Number Range Over the Past 10 Years
Min: 1.8  Med: 3.34 Max: 10.25
Current: 2.43
1.8
10.25
Earnings Yield (Greenblatt) (%) 9.57
WAB's Earnings Yield (Greenblatt) (%) is ranked higher than
70% of the 794 Companies
in the Global Railroads industry.

( Industry Median: 6.20 vs. WAB: 9.57 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
WAB' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 5.4  Med: 7.70 Max: 15.1
Current: 9.57
5.4
15.1
Forward Rate of Return (Yacktman) (%) 27.69
WAB's Forward Rate of Return (Yacktman) (%) is ranked higher than
92% of the 441 Companies
in the Global Railroads industry.

( Industry Median: 1.62 vs. WAB: 27.69 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
WAB' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -7  Med: 21.70 Max: 37.4
Current: 27.69
-7
37.4

More Statistics

Revenue(Mil) $3296
EPS $ 4.01
Beta1.20
Short Percentage of Float14.68%
52-Week Range $60.28 - 105.10
Shares Outstanding(Mil)96.48

Analyst Estimate

Dec15 Dec16
Revenue(Mil) 3,329 3,537
EPS($) 4.11 4.52
EPS without NRI($) 4.11 4.52

Latest Earnings Webcast

Call starts at Oct 22, 2015 10:00 AM EDT

» More Conference Calls

Business Description

Industry: Transportation & Logistics » Railroads
Compare:TRN, UNP, EJPRY, CSX, MTRJY » details
Traded in other countries:WB2.Germany,
Westinghouse Air Brake Technologies Corp was incorporated in 1990 in Delaware. It is a provider of value-added, technology-based products and services for the rail industry. The Company's products enhance safety, improve productivity and reduce maintenance costs for customers, and many of its core products and services are essential in the safe and efficient operation of freight rail and passenger transit vehicles. The Company provides its products and services through two main business segments, the Freight Segment and the Transit Segment, both of which have different market characteristics and business drivers. The Freight segment mainly manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives and rebuilds freight locomotives. Customers include publicly traded railroads, leasing companies and manufacturers of original equipment such as locomotives and freight cars around the world. The Transit Segment mainly manufactures and services components for new and existing passenger transit vehicles, typically subway cars and buses, builds new commuter locomotives and refurbishes subway cars. Customers include public transit authorities and municipalities, leasing companies and manufacturers of subway cars and buses around the world. Its customers include railroads throughout North America, as well as in the United Kingdom, Australia, Europe, Asia and South Africa; manufacturers of transportation equipment, such as locomotives, freight cars, subway vehicles and buses; lessors of such equipment; and passenger transit authorities, mainly those in North America. It operates in a competitive marketplace and faces competition from a limited number of established competitors in the United States and abroad, some of which might have greater financial resources than it does. Within North America, New York Air Brake Company, a subsidiary of the German air brake producer Knorr-Bremse AG "Knorr" and Amsted Rail Company, Inc., a subsidiary of Amsted Industries Corporation, are OEM competitors. Its competition for locomotive, freight and passenger transit service and repair is mainly from the railroads' and passenger transit authorities' in-house operations, Electro-Motive Diesel, GE Transportation Systems, and New York Air Brake/Knorr. The Company's operations are subject to various regulations of agencies and other entities.
» More Articles for WAB

Headlines

Articles On GuruFocus.com
Mariko Gordon Acquires Five New Stakes in Second Quarter Aug 27 2015 
Westinghouse Air Brake: The Power of Predictability Nov 05 2014 
Baron Funds Comments on Westinghouse Air Brake Technologies Feb 20 2014 
Weekly CFO Sells Highlight: FXCM, MU, WAB, RLD, DISH Aug 18 2013 
American Railway Industries: Choo-Choo Cha-Ching Aug 13 2013 
Wabtec Corp: Consistent Earnings with Good Share Performance to Patient Investors Sep 26 2011 
Wabtec Reports Operating Results (10-Q) Nov 08 2010 
Wabtec Reports Operating Results (10-Q) Aug 05 2010 
Wabtec Reports Operating Results (10-Q) May 06 2010 
Wabtec (WAB) Sr. VP, CFO & Secretary Tunon Alvaro Garcia sells 8,232 Shares Mar 11 2010 

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1/26/2016 Wabtec Declares Regular Quarterly Dividend, Announces Earnings Release Date Jan 26 2016
Wabtec Declares Regular Quarterly Dividend, Announces Earnings Release Date Jan 26 2016
Allison Transmission Announces Board Changes Jan 25 2016
Allison Transmission Announces Board Changes Jan 25 2016
[$$] Westinghouse Air Brake Boosted by Rail Rule Jan 19 2016
1/6/2016 Wabtec Delivers Brake Equipment To Alstom For South African Transit Cars Jan 06 2016
Wabtec Delivers Brake Equipment to Alstom for South African Transit Cars Jan 06 2016
Stifel: Buy 'Cal Ripken-Like' Wabtec Dec 21 2015
12/16/2015 WABTEC announces PTC contracts worth $45 million with Metra Dec 16 2015
Wabtec Announces Contracts Worth $45 Million to Provide PTC Equipment/Services for Metra; Comments... Dec 16 2015
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP Financials Dec 08 2015
12/7/2015 Wabtec Acquires Relay Monitoring Systems, A Manufacturer Of Electrical Protection And... Dec 07 2015
Wabtec Acquires Relay Monitoring Systems, a Manufacturer of Electrical Protection and Control... Dec 07 2015
Is Westinghouse Air Brake Technologies Corp (WAB) Going to Burn These Hedge Funds? Nov 25 2015
11/17/2015 Wabtec Receives $26 Million Order For Freight Car Components, Including ECP, In Saudi... Nov 17 2015
Wabtec Receives $26 Million Order for Freight Car Components, Including ECP, in Saudi Arabia Nov 17 2015

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