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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
WAB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.44 Max: 1.35
Current: 0.59
During the past 13 years, the highest Debt-to-Equity Ratio of Westinghouse Air Brake Technologies was 1.35. The lowest was 0.38. And the median was 0.44.
WAB's Debt-to-Equity is ranked worse than 52.97% of 910
companies
in the Transportation industry
Industry Median: 0.53
vs WAB: 0.59
Westinghouse Air Brake Technologies (NYSE:WAB) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Westinghouse Air Brake Technologies Debt-to-Equity Related Terms
Westinghouse Air Brake Technologies Debt-to-Equity Historical Data
* 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 Debt-to-Equity Chart
For the Railroads subindustry, Westinghouse Air Brake Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Westinghouse Air Brake Technologies's Debt-to-Equity falls into.
* 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 (WAB) has a Debt-to-Equity of 0.59 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Westinghouse Air Brake Technologies and its competitors. This is 34% above median its historical median of 0.44. Over the past decade, Westinghouse Air Brake Technologies' Debt-to-Equity has ranged from 0.38 to 1.35. According to the industry distribution chart, Westinghouse Air Brake Technologies ranks #482 out of 910 companies in the Transportation industry, placing it in the top 53%.
Is Westinghouse Air Brake Technologies' Debt-to-Equity too high?
Westinghouse Air Brake Technologies' current Debt-to-Equity of 0.59 is 34% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.35. The Transportation industry median Debt-to-Equity is 0.53. Westinghouse Air Brake Technologies' value of 0.59 is 11.3% above this industry median. Based on the distribution chart, Westinghouse Air Brake Technologies ranks #482 out of 910 companies in the Transportation industry, which is below the industry midpoint. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' Debt-to-Equity compare to NSC and CSX?
According to the Transportation industry distribution chart, Westinghouse Air Brake Technologies ranks #482 out of 910 companies for Debt-to-Equity. This places Westinghouse Air Brake Technologies in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Westinghouse Air Brake Technologies' value of 0.59 is 11.3% above this benchmark. Historically, Westinghouse Air Brake Technologies' own Debt-to-Equity has ranged from 0.38 to 1.35 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.53, Westinghouse Air Brake Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westinghouse Air Brake Technologies's current Debt-to-Equity of 0.59 is 11.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Westinghouse Air Brake Technologies and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westinghouse Air Brake Technologies's current Debt-to-Equity is 0.59, which is 34% above median its own 10-year median of 0.44. 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 Significantly Overvalued. The stock's GF Value™ is $223.62, compared to a current price of $305.79 — trading 36.7% above its estimated fair value. The current Debt-to-Equity is 0.59, which is 34% above median its 10-year median of 0.44 and 11.3% above the Transportation industry median of 0.53. Westinghouse Air Brake Technologies' overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Westinghouse Air Brake Technologies (WAB), the current Debt-to-Equity is 0.59 as of Jun. 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 $305.79 is trading 36.7% above its estimated GF Value™ of $223.62.
GuruFocus considers Westinghouse Air Brake Technologies to be Significantly Overvalued.
Key valuation signals for WAB:
Debt-to-Equity: 0.59 (34% above median its 10-year median of 0.44)
GF Value™: $223.62 vs. price of $305.79 (36.7% above fair value)
Industry Position: 11.3% above the Transportation median (#482 of 910)
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
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.
88GF Score
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