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Westinghouse Air Brake Technologies vs FreightCar America: WAB and RAIL compared
Westinghouse Air Brake Technologies is the larger company: $3.1B of revenue in its latest quarter (Q3 2026) against $113M for FreightCar America (Q2 2026). Westinghouse Air Brake Technologies is growing faster (+8% against -5% a year earlier). Westinghouse Air Brake Technologies is more profitable, with an operating margin of 20.0% against -3.8%.
Where the money goes: WAB and RAIL
Westinghouse Air Brake Technologies (WAB) · Q3 2026
Westinghouse Air Brake Technologies, Q3 2026: revenue $3.1B (+8% year over year), operating margin 20.0%, net earnings $409M, operating cash flow $455M. The chart follows the revenue to costs, profit and cash.
FreightCar America (RAIL) · Q2 2026
FreightCar America, Q2 2026: revenue $113M (-5% year over year), operating margin -3.8%, net loss $30.1M, operating cash flow $12.1M. The chart follows the revenue to costs, profit and cash.
| Westinghouse Air Brake Technologies (WAB) | FreightCar America (RAIL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $3.1B | $113M |
| Revenue growth, Y/Y | +8% | -5% |
| Gross margin | 37.3% | — |
| Operating margin | 20.0% | -3.8% |
| Net earnings | $409M | −$30.1M |
| Net margin | 13.1% | -26.6% |
| Operating cash flow | $455M | $12.1M |
| Free cash flow | $381M | $11.3M |
| Market value | $48.0B | — |
| P/E | 35.3× | — |
| Analysts’ mean target | $332.08 | — |
Where the revenue comes from
Westinghouse Air Brake Technologies
- Goods: $2.6B (84%)
- Services: $493M (16%)
FreightCar America
- Manufacturing Sales: $104M (92%)
- Aftermarket Sales: $8.9M (8%)
Questions
Which is bigger, Westinghouse Air Brake Technologies or FreightCar America?
Westinghouse Air Brake Technologies is the larger company: $3.1B of revenue in its latest quarter (Q3 2026) against $113M for FreightCar America (Q2 2026).
Is Westinghouse Air Brake Technologies or FreightCar America growing faster?
Westinghouse Air Brake Technologies is growing faster (+8% against -5% a year earlier).
Which is more profitable, Westinghouse Air Brake Technologies or FreightCar America?
Westinghouse Air Brake Technologies is more profitable, with an operating margin of 20.0% against -3.8%.
More: Westinghouse Air Brake Technologies earnings · how Westinghouse Air Brake Technologies makes money · FreightCar America earnings · how FreightCar America makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 21, 2026; 10-Q filed Aug 3, 2026). Fiscal quarters can end on different dates. Not investment advice.