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Westinghouse Air Brake Technologies vs Trinity Industries: WAB and TRN compared
Westinghouse Air Brake Technologies is the larger company: $3.1B of revenue in its latest quarter (Q3 2026) against $535M for Trinity Industries (Q3 2026). Trinity Industries is growing faster (+18% against +8% a year earlier). Westinghouse Air Brake Technologies is more profitable, with an operating margin of 20.0% against 17.9%.
Where the money goes: WAB and TRN
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.
Trinity Industries (TRN) · Q3 2026
Trinity Industries, Q3 2026: revenue $535M (+18% year over year), operating margin 17.9%, net earnings $17.6M, operating cash flow $66.3M. The chart follows the revenue to costs, profit and cash.
| Westinghouse Air Brake Technologies (WAB) | Trinity Industries (TRN) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $3.1B | $535M |
| Revenue growth, Y/Y | +8% | +18% |
| Gross margin | 37.3% | — |
| Operating margin | 20.0% | 17.9% |
| Net earnings | $409M | $17.6M |
| Net margin | 13.1% | 3.3% |
| Operating cash flow | $455M | $66.3M |
| Free cash flow | $381M | $49.6M |
| Market value | $48.0B | $2.4B |
| P/E | 35.3× | 7.4× |
| Analysts’ mean target | $332.08 | $31.00 |
Where the revenue comes from
Westinghouse Air Brake Technologies
- Goods: $2.6B (84%)
- Services: $493M (16%)
Trinity Industries
- Leasing & Services: $286M (53%)
- Manufacturing: $249M (47%)
Questions
Which is bigger, Westinghouse Air Brake Technologies or Trinity Industries?
Westinghouse Air Brake Technologies is the larger company: $3.1B of revenue in its latest quarter (Q3 2026) against $535M for Trinity Industries (Q3 2026).
Is Westinghouse Air Brake Technologies or Trinity Industries growing faster?
Trinity Industries is growing faster (+18% against +8% a year earlier).
Which is more profitable, Westinghouse Air Brake Technologies or Trinity Industries?
Westinghouse Air Brake Technologies is more profitable, with an operating margin of 20.0% against 17.9%.
More: Westinghouse Air Brake Technologies earnings · how Westinghouse Air Brake Technologies makes money · Trinity Industries earnings · how Trinity Industries makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 21, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.