Buyback yield (TTM)
1.49%
Shareholder yield (TTM)
1.91%
5Y share count change
-10.1%
Buyback spend (TTM)
$680M
Cumulative buybacks
$3.93B
Key takeaways
- Wabtec (WAB) repurchased about $680M of stock over the trailing twelve months.
- Diluted share count is down 10.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 6.30× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +1.5% per year over the latest 5-year window.
- TTM repurchases used about 41% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Wabtec (WAB)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Wabtec (WAB)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Wabtec (WAB)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Wabtec (WAB)
Latest: $223M
Overview
As of the 2025 fiscal year, Wabtec (WAB) reported buyback spend of $223M – plunged 79.7% year-over-year.
Through 2020–2025 (5 years), Wabtec buyback spend delivered a +1.5% annualised rate; with mixed annual results across the window.
Between 2024 and 2025, Wabtec buyback spend plunged 79.7%, falling from $1.1B to $223M.
2024 marks the peak buyback spend at $1.1B, with the historical low of $0.00 recorded in 1993.
Wabtec Buyback Spend 2025: $223M
In 2025, Wabtec reported buyback spend of $223M, plunged 79.7% below 2024.
Wabtec Buyback Spend 2024: $1.1B
Wabtec buyback spend in 2024 was $1.1B, surged 168.2% from 2023. This figure represents the highest annual value in the available history.
Wabtec Buyback Spend 2023: $409M
2023's buyback spend for Wabtec came in at $409M, declined 13.5% below 2022.
Wabtec Buyback Spend 2022: $473M
Wabtec posted buyback spend of $473M in 2022, surged 57.7% from 2021.
Wabtec Buyback Spend 2021: $300M
Wabtec buyback spend in 2021 was $300M.
See more financial history for Wabtec (WAB).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $223M | $80M | $143M | 0.61% | 171M | -2.1% | |
| 2024 | $1.1B | $66M | $1.03B | 3.38% | 175M | -2.6% | |
| 2023 | $409M | $47M | $362M | 1.81% | 180M | -1.8% | |
| 2022 | $473M | $41M | $432M | 2.61% | 183M | -2.8% | |
| 2021 | $300M | $46M | $254M | 1.75% | 188M | -1.2% | |
| 2020 | $207M | $20M | $187M | 1.49% | 190M | +7.4% | |
| 2019 | $0.00 | $50M | -$50M | — | 177M | +83.7% | |
| 2018 | $0.00 | $25.3M | -$25.3M | — | 96.5M | +0.4% | |
| 2017 | $6.8M | $21.3M | -$14.5M | 0.09% | 96.1M | +5.4% | |
| 2016 | $212M | $20.8M | $191M | 2.86% | 91.1M | -6.0% | |
| 2015 | $388M | $26M | $362M | 5.72% | 97M | +0.1% | |
| 2014 | $26.8M | $26.1M | $623K | 0.32% | 96.9M | +0.1% | |
| 2013 | $33M | $24.1M | $8.89M | 0.46% | 96.8M | +0.1% | |
| 2012 | $46.6M | $19.8M | $26.7M | 1.12% | 96.7M | +0.1% | |
| 2011 | $26M | $18.6M | $7.38M | 0.78% | 96.7M | +0.7% | |
| 2010 | $8.38M | $11.8M | -$3.38M | 0.33% | 96M | +0.1% | |
| 2009 | $19.7M | $3.62M | $16M | 1.01% | 96M | -1.8% | |
| 2008 | $45.8M | $10.5M | $35.3M | 2.42% | 97.7M | -0.6% | |
| 2007 | $17.9M | $11.3M | $6.64M | 1.07% | 98.3M | +0.1% | |
| 2006 | $18.9M | $9.19M | $9.68M | 1.29% | 98.2M | +3.2% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 95.2M | +3.9% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 91.6M | +4.1% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 87.9M | +0.8% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 87.2M | +1.0% | |
| 2001 | $585K | $0.00 | $585K | 0.11% | 86.4M | -0.4% | |
| 2000 | $12.2M | $0.00 | $12.2M | — | 86.8M | -1.7% | |
| 1999 | $10.6M | $0.00 | $10.6M | — | 88.2M | +71.0% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 51.6M | -0.6% | |
| 1997 | $44M | $0.00 | $44M | — | 51.9M | -8.7% | |
| 1996 | $1.6M | $0.00 | $1.6M | — | 56.9M | — | |
| 1995 | $306M | $0.00 | $306M | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$223M
- 2024$1.1B
- 2023$409M
- 2022$473M
- 2021$300M
- 2020$207M
- 2019$0.00
- 2018$0.00
- 2017$6.8M
- 2016$212M
- 2015$388M
- 2014$26.8M
- 2013$33M
- 2012$46.6M
- 2011$26M
- 2010$8.38M
- 2009$19.7M
- 2008$45.8M
- 2007$17.9M
- 2006$18.9M
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$585K
- 2000$12.2M
- 1999$10.6M
- 1998$0.00
- 1997$44M
- 1996$1.6M
- 1995$306M
- 1994$0.00
- 1993$0.00
Buybacks vs stock-based compensation for Wabtec (WAB)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 6.30×.
Buybacks vs dividends (share of cash returned) for Wabtec (WAB)
How Wabtec splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Wabtec, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50M | |
| $34M |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50M
- $34M
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.66B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.49% TTM
- Dividend Profile0.38% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History1 split
How this company returns cash to shareholders — buybacks, dividends, and stock splits.