WAB
Westinghouse Air Brake Technologies CorporationEvidence as of 2026-09-03Overview · Westinghouse Air Brake Technologies Corporation
Westinghouse Air Brake Technologies Corporation provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. The company operates in two segments, Freight and Transit. The Freight segment manufactures and services components for freight cars and locomotives; builds, rebuilds, upgrades, and overhauls locomotives; supplies railway electronics,…
Management team
- Mr. Greg A. Sbrocco · Executive Vice President of Global OperationsFind on LinkedIn
- Mr. Pascal Schweitzer · President of TransitFind on LinkedIn
- Mr. David L. DeNinno · Executive VP, General Counsel & SecretaryFind on LinkedIn
- Ms. Nicole B. Theophilus · Executive VP & Chief Administrative OfficerFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.2 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Mixed (+ 0.2 of a possible + 2) with high confidence. Revenue rose from $ 2,706,000,000 in fiscal Q2 2025 (fiscal quarter ended 2025-07-21) to $ 2,886,000,000 in fiscal Q3 2025 (fiscal quarter ended 2025-10-17), to $ 2,950,000,000 in fiscal Q1 2026 (fiscal quarter ended 2026-04-17) and to $ 3,179,000,000 in fiscal Q2 2026 (fiscal quarter ended 2026-07-17). Gross profit and gross margin expanded modestly over the same cadence — $ 938,000,000 (34.7%), $ 1,002,000,000 (34.7%), $ 1,061,000,000 (36.0%) and $ 1,161,000,000 (36.5%) — while operating income progressed from $ 472,000,000 to $ 600,000,000 with operating margin roughly rising from 17.4% to 18.9%.
Net income and diluted EPS show the same multi-quarter pattern: net income moved from $ 336,000,000 to $ 395,000,000 and diluted EPS from $ 1.96 to $ 2.33 across the reported quarters. Shares outstanding and point-in-time common shares declined slightly, from weighted-average diluted shares of 171,200,000 in fiscal Q2 2025 to 169,600,000 in fiscal Q2 2026 and point-in-time common shares from 171,126,330 (as of 2025-04-18) to 168,910,851 (as of 2026-07-17). Long-term debt rose over the periods to $ 6,571,000,000 as of 2026-06-30.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue (three-months) rose from $2,706,000,000 in fiscal Q2 2025 (2025-04-01 to 2025-06-30) to $2,886,000,000 in fiscal Q3 2025 (2025-07-01 to 2025-09-30), to $2,950,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31), and to $3,179,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30).
XBRL companyfacts · 0001628280-25-035852Gross profit (three-months) increased from $938,000,000 in fiscal Q2 2025 to $1,002,000,000 in fiscal Q3 2025, to $1,061,000,000 in fiscal Q1 2026, and to $1,161,000,000 in fiscal Q2 2026; expressed as gross margin these are approximately 34.7% (938/2,706), 34.7% (1,002/2,886), 36.0% (1,061/2,950) and 36.5% (1,161/3,179) respectively.
XBRL companyfacts · 0001628280-25-035852Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
A Form 4 (insider transaction report) bearing the 4 filed 21 August 2026 was filed on 2026-08-21.
4 filed 2026-08-21A Form 4 (insider transaction report) bearing the 4 filed 18 August 2026 was filed on 2026-08-18.
4 filed 2026-08-18Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Momentum (12_1) is +60.8%, which ranks in the 86th percentile of the 547-stock research universe on 2026-09-02.
Moneyta signal set · 2026-09-02weakened in debateShorter-term momentum shows +6.5% for 3 months and +7.4% for 6 months, with 6-month momentum at the 50th percentile of the 547-stock universe on 2026-09-02.
Moneyta signal set · 2026-09-02weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02, the ETF IVV held WAB at 0.07% weight of the fund.
ETF constituents · market dataThere is a Form 4 filing for WAB with the 4 filed 18 August 2026 filed on 2026-08-18.
Form 4 × 3 (90d window not enforced here)Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Coverage on 2 September 2026 highlights activity around Westinghouse and the uranium/nuclear sector as a broader theme rather than Wabtec specifically.
News · kalkinemedia.com · 2026-09-02weakened in debateA 1 September 2026 headline reports the US Army awarded contracts to five firms to build 20 nuclear microreactors at five bases by 2028, a market-wide nuclear energy story not specific to Wabtec.
News · techradar.com · 2026-09-01weakened in debateReads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
On 2026-08-21, Mendonca Rogerio (President, Equipment Group) reported selling 2,910 shares for a value of "$864k".
Form 4 · Mendonca Rogerio (President, Equipment Group) · $864k sold · 2026-08-21On 2026-08-21, Mendonca Rogerio (President, Equipment Group) reported selling 9 shares for a value of "$3k".
Form 4 · Mendonca Rogerio (President, Equipment Group) · $864k sold · 2026-08-21Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model shows the market price implies a free cash flow (FCF) growth rate of 49.46% per year under the stated discount and terminal assumptions.
Valuation inputs · SEC XBRL + stored EOD closePrice to trailing twelve‑month free cash flow (P/FCF) is 86.92.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The assembled evidence shows a clear, multi-quarter improvement in core operating performance: sequential revenue growth (fundamentals-0), rising gross profit and expanding gross margins (fundamentals-1), and increasing operating income with improving operating margin (fundamentals-2). Net income and diluted EPS recovered after a mid-sequence dip (fundamentals-3), while share count has been creeping down, which increases EPS leverage (fundamentals-4). Market signals show strong medium-term momentum and a bullish technical setup (market-0, market-2), and some institutional holders increased positions during the quarter (news-2, news-4), which together provide supportive market context for the operational improvements. These points jointly make a favorable read on recent business performance and investor interest, though they coexist with valuation and capital-structure issues noted elsewhere.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.31
34 surviving claims rest on 17 distinct sources; the heaviest analyst carries 18% of them, and 94% of what the desk raised survived the debate.
The read rests on a moderate number of distinct sources, so it has some breadth, but a large share of surviving claims came through the desk review (94%), which can indicate strong internal persistence or potential confirmation bias. The largest analyst only carries 18% of surviving claims, so no single analyst dominates, but many claims still lean on a few primary documents (notably the 10-Qs and recent Form 4s), which makes the overall read sensitive to any new filings or material restatements.
Peer context · computed, not argued
12-1 momentum ranks 1st of 2 in Railroads (as of 2026-09-02).
90-day volatility ranks 1st of 2 in Railroads (as of 2026-09-02).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
11 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+1.3 to the score
3 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.1 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.0 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
3 filings· 1 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot−0.4 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on WAB Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.