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TTM

14.3%

YoY change

−2.24pp

Trough year (1998)

-9.6%

Peak year (2024)

15.7%

FCF Margin history chart for Wabtec (WAB) from 1993 to 2025

Latest: 13.4%

FCF Margin change chart for Wabtec (WAB) from 1993 to 2025

Latest: −2.24pp

FCF Margin history table for Wabtec (WAB) from 1993 to 2025

  • 202513.4%-2.24pp
  • 202415.7%+5.18pp
  • 202310.5%-0.14pp
  • 202210.6%-1.42pp
  • 202112.1%+3.49pp
  • 20208.6%-1.56pp
  • 201910.1%+5.05pp
  • 20185.1%+2.51pp
  • 20172.6%-11.06pp
  • 201613.6%+1.56pp
  • 201512.1%-1.89pp
  • 201414.0%+6.38pp
  • 20137.6%-0.85pp
  • 20128.4%-2.28pp
  • 201110.7%+0.40pp
  • 201010.3%+0.16pp
  • 200910.1%+1.28pp
  • 20088.9%-0.11pp
  • 20079.0%-2.98pp
  • 200612.0%+6.02pp
  • 20055.9%+1.85pp
  • 20044.1%-1.27pp
  • 20035.4%+4.61pp
  • 20020.7%-12.56pp
  • 200113.3%+9.13pp
  • 20004.2%-1.34pp
  • 19995.5%+15.11pp
  • 1998-9.6%-12.39pp
  • 19972.8%+10.02pp
  • 1996-7.2%-1.30pp
  • 1995-5.9%-14.62pp
  • 19948.7%-0.84pp
  • 19939.5%

FCF Margin values are taken from Wabtec's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Wabtec (WAB)

According to Wabtec's latest reported financial statements, the company's latest reported free cash flow margin is 14.3%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Wabtec (WAB) reported free cash flow margin of 13.42% – contracted 2.2 percentage points year-over-year.

Across the available history, free cash flow margin reached its high of 15.66% in 2024 and its low of -9.59% in 1998.

Wabtec FCF Margin by Year

Wabtec FCF Margin 2025: 13.4%

In 2025, Wabtec reported free cash flow margin of 13.42%, contracted 2.2 percentage points from 2024.

Wabtec FCF Margin 2024: 15.7%

Wabtec free cash flow margin in 2024 was 15.66%, expanded 5.2 percentage points from 2023. This figure represents the highest annual value in the available history.

Wabtec FCF Margin 2023: 10.5%

2023's free cash flow margin for Wabtec came in at 10.49%, contracted 0.1 percentage points from 2022.

Wabtec FCF Margin 2022: 10.6%

Wabtec posted free cash flow margin of 10.63% in 2022, contracted 1.4 percentage points from 2021.

Wabtec FCF Margin 2021: 12.1%

Wabtec free cash flow margin in 2021 was 12.06%.

See more financial history for Wabtec (WAB).

Sector peers by FCF Margin

Industrials peers of Wabtec (WAB), ranked by their latest free cash flow margin

Frequently asked questions