WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)

Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the Freight and Transit segments. The Freight segment builds new locomotives, manufactures and services components for new and existing freight cars and locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, and signal design and engineering services, and provides related heat exchange and cooling systems. The Transit segment manufactures and services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses, builds new commuter locomotives, refurbishes subway cars, and provides heating, ventilation, air conditioning equipment, and doors for buses and subway cars. The company was founded in 1869 and is headquartered in Pittsburgh, PA.

Address

30 ISABELLA STREET
PITTSBURGH, PA 15212

Founded

1869

Number of Employees

29,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - $78,437 - - - $207,175 $300,226 $472,962 $408,720 $374,486 $307,001
Average Price - - $71.54 - - - $66.23 $90.18 $93.78 $105.19 $143.04 $96.44
# Shares Purchased - - 1,096,408 - - - 3,127,971 3,329,003 5,043,152 3,885,377 2,618,000 3,183,319
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - 134.8% - - - 153.6% 86.3% 79.1% 59.7% 17.4% 74.2%
S&P 500 Return to Date - - 168.6% - - - 74.8% 31.7% 37.3% 31.3% 7.4% 58.5%
Excess Total Return - - -33.8% - - - 78.8% 54.6% 41.9% 28.4% 10.0% 15.7%
Quartile Rank
Percentile Rank - - 67% - - - 85% 88% 88% 88% 74% 79%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.