WAB (Westinghouse Air Brake Technologies) Scaled Net Operating Assets: 0.78 (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 Scaled Net Operating Assets?

Westinghouse Air Brake Technologies WAB -4.57% 89 Scaled Net Operating Assets is 0.78 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Westinghouse Air Brake Technologies's operating assets for the quarter that ended in Mar. 2026 was $22,665 Mil. Westinghouse Air Brake Technologies's operating liabilities for the quarter that ended in Mar. 2026 was $5,507 Mil. Westinghouse Air Brake Technologies's Total Assets for the quarter that ended in Dec. 2025 was $22,069 Mil. Therefore, Westinghouse Air Brake Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.


Westinghouse Air Brake Technologies Scaled Net Operating Assets Historical Data

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The historical data trend for Westinghouse Air Brake Technologies's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Westinghouse Air Brake Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.76 0.71 0.85

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
Scaled Net Operating Assets 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 0.73 0.74 0.78 0.74 0.78

WAB vs NSC, CSX, TRN: Scaled Net Operating Assets Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Scaled Net Operating Assets falls into.


WAB
89GF Score
Westinghouse Air Brake Technologies Corp WAB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Westinghouse Air Brake Technologies Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Westinghouse Air Brake Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(21305-5338)/18702
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22069 - 764
=21305

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10879 - 4291 - 1250
=5338

Westinghouse Air Brake Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(22665-5507)/22069
=0.78

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23196 - 531
=22665

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12045 - 4708 - 1830
=5507

* 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.

What does a Scaled Net Operating Assets of 0.78 mean?
Westinghouse Air Brake Technologies (WAB) has a Scaled Net Operating Assets of 0.78 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Westinghouse Air Brake Technologies and its competitors.
Is Westinghouse Air Brake Technologies' Scaled Net Operating Assets too high?
Westinghouse Air Brake Technologies' current Scaled Net Operating Assets is 0.78. 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' Scaled Net Operating Assets compare to NSC and CSX?
Westinghouse Air Brake Technologies' Scaled Net Operating Assets of 0.78 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 Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Westinghouse Air Brake Technologies and its competitors. Westinghouse Air Brake Technologies's current Scaled Net Operating Assets is 0.78. 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 Scaled Net Operating Assets is 0.78. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Westinghouse Air Brake Technologies (WAB), the current Scaled Net Operating Assets is 0.78 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:

  • Scaled Net Operating Assets: 0.78
  • 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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$269.53
Price
$212.55
GF Value