WAB (Westinghouse Air Brake Technologies) Shares Outstanding (EOP): 170 Mil (As of Mar. 2026)


WAB Westinghouse Air Brake Technologies Corp WAB
89 GF Score
Price $269.53
GF Value $212.55
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Westinghouse Air Brake Technologies Shares Outstanding (EOP)?

Westinghouse Air Brake Technologies WAB -4.57% 89 Shares Outstanding (EOP) is 170 Mil as of Mar. 2026. GuruFocus rates WAB with a GF Score™ of 89/100 and a GF Value™ of $212.55 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Westinghouse Air Brake Technologies's shares outstanding for the quarter that ended in Mar. 2026 was 170 Mil.

Westinghouse Air Brake Technologies's quarterly shares outstanding declined from Dec. 2025 (171 Mil) to Mar. 2026 (170 Mil). It means Westinghouse Air Brake Technologies bought back shares from Dec. 2025 to Mar. 2026 .

Westinghouse Air Brake Technologies's annual shares outstanding declined from Dec. 2024 (171 Mil) to Dec. 2025 (171 Mil). It means Westinghouse Air Brake Technologies bought back shares from Dec. 2024 to Dec. 2025 .


Westinghouse Air Brake Technologies  (NYSE:WAB) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Westinghouse Air Brake Technologies Shares Outstanding (EOP) Related Terms


Westinghouse Air Brake Technologies Shares Outstanding (EOP) Historical Data

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The historical data trend for Westinghouse Air Brake Technologies's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Westinghouse Air Brake Technologies Shares Outstanding (EOP) Chart

Westinghouse Air Brake Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.80 181.20 177.80 171.30 170.60

Westinghouse Air Brake Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171.10 170.90 170.90 170.60 169.90

WAB vs NSC, CSX, TRN: Shares Outstanding (EOP) Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westinghouse Air Brake Technologies Shares Outstanding (EOP) vs Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Shares Outstanding (EOP) falls into.


WAB
89GF Score
Westinghouse Air Brake Technologies Corp WAB
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Westinghouse Air Brake Technologies Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 170 Mil mean?
Westinghouse Air Brake Technologies (WAB) has a Shares Outstanding (EOP) of 170 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Westinghouse Air Brake Technologies and its competitors.
Is Westinghouse Air Brake Technologies' Shares Outstanding (EOP) too high?
Westinghouse Air Brake Technologies' current Shares Outstanding (EOP) is 170 Mil. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' Shares Outstanding (EOP) compare to NSC and CSX?
Westinghouse Air Brake Technologies' Shares Outstanding (EOP) of 170 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Westinghouse Air Brake Technologies and its competitors. Westinghouse Air Brake Technologies's current Shares Outstanding (EOP) is 170 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westinghouse Air Brake Technologies stock overvalued right now?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies (WAB) is currently considered Modestly Overvalued. The stock's GF Value™ is $212.55, compared to a current price of $269.53 — trading 26.8% above its estimated fair value. The current Shares Outstanding (EOP) is 170 Mil. Westinghouse Air Brake Technologies' overall GF Score™ is 89/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Westinghouse Air Brake Technologies (WAB), the current Shares Outstanding (EOP) is 170 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Westinghouse Air Brake Technologies (WAB) Overvalued in 2026?

Based on GuruFocus' analysis, Westinghouse Air Brake Technologies stock appears to be overvalued. The current stock price of $269.53 is trading 26.8% above its estimated GF Value™ of $212.55. GuruFocus considers Westinghouse Air Brake Technologies to be Modestly Overvalued.

Key valuation signals for WAB:

  • Shares Outstanding (EOP): 170 Mil
  • GF Value™: $212.55 vs. price of $269.53 (26.8% above fair value)
  • GF Score™: 89/100 with 8 warning signs

No single metric tells the full story. See the WAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Westinghouse Air Brake Technologies Business Description

Address 30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.
89GF Score

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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$269.53
Price
$212.55
GF Value