WAB
Westinghouse Air Brake Technologies Industrials - Rail Equipment Investor Relations →
Westinghouse Air Brake Technologies (WAB) closed at $246.32 as of 2026-02-02, trading 70.5% above its 200-week moving average of $144.46. The stock moved further from the line this week, up from 60.2% last week. With a 14-week RSI of 85, WAB is in overbought territory.
Over the past 1551 weeks of data, WAB has crossed below its 200-week moving average 17 times. On average, these episodes lasted 24 weeks. Historically, investors who bought WAB at the start of these episodes saw an average one-year return of +20.1%.
With a market cap of $42.1 billion, WAB is a large-cap stock. The company generates a free cash flow yield of 2.6%. Return on equity stands at 11.1%. The stock trades at 3.8x book value.
The company has been aggressively buying back shares, reducing its share count by 7.8% over the past three years.
Over the past 29.8 years, a hypothetical investment of $100 in WAB would have grown to $4354, compared to $1731 for the S&P 500. That represents an annualized return of 13.5% vs 10.0% for the index — confirming WAB as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 19.9% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: WAB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After WAB Crosses Below the Line?
Across 17 historical episodes, buying WAB when it crossed below its 200-week moving average produced an average return of +17.8% after 12 months (median +19.0%), compared to +21.4% for the S&P 500 over the same periods. 76% of those episodes were profitable after one year. After 24 months, the average return was +33.0% vs +35.8% for the index.
Each line shows $100 invested at the moment WAB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
WAB has crossed below its 200-week MA 17 times with an average 1-year return of +20.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 1996 | Jun 1996 | 4 | 5.4% | +32.4% | +4253.8% |
| Jul 1996 | Dec 1996 | 22 | 15.0% | +81.8% | +4847.5% |
| Sep 1999 | Nov 2002 | 165 | 55.1% | -43.1% | +2943.8% |
| Dec 2002 | May 2003 | 24 | 23.9% | +30.4% | +3914.9% |
| Nov 2008 | Nov 2008 | 1 | 7.3% | +29.0% | +1616.3% |
| Jan 2009 | Apr 2009 | 14 | 29.9% | +22.6% | +1490.9% |
| May 2009 | Aug 2009 | 12 | 13.0% | +38.0% | +1454.9% |
| Jan 2016 | Feb 2016 | 7 | 9.3% | +34.6% | +313.4% |
| Jun 2016 | Aug 2016 | 8 | 6.0% | +26.6% | +270.8% |
| Mar 2017 | Apr 2017 | 4 | 3.3% | +8.4% | +234.6% |
| Jul 2017 | Dec 2017 | 22 | 13.2% | +45.3% | +245.3% |
| Jan 2018 | Mar 2018 | 5 | 11.7% | -4.1% | +251.9% |
| Mar 2018 | Apr 2018 | 3 | 4.7% | -9.1% | +232.8% |
| Dec 2018 | Nov 2019 | 48 | 22.7% | +3.2% | +250.6% |
| Nov 2019 | Jan 2021 | 58 | 48.5% | -5.4% | +224.9% |
| Jan 2021 | Feb 2021 | 1 | 2.1% | +19.1% | +241.5% |
| Feb 2021 | Mar 2021 | 3 | 4.2% | +31.5% | +242.2% |
| Average | 24 | — | +20.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02