WAB
Westinghouse Air Brake Technologies Industrials - Rail Equipment Investor Relations →
Westinghouse Air Brake Technologies (WAB) closed at $236.06 as of 2026-03-20, trading 58.2% above its 200-week moving average of $149.20. The stock is currently moving closer to the line, down from 59.5% last week. The 14-week RSI sits at 63, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.04 ratio) is neutral — neither side is clearly dominating.
Over the past 1557 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 $40.4 billion, WAB is a large-cap stock. The company generates a free cash flow yield of 3.0%. Return on equity stands at 11.1%. The stock trades at 3.6x book value.
The company has been aggressively buying back shares, reducing its share count by 5.8% over the past three years.
Over the past 29.9 years, a hypothetical investment of $100 in WAB would have grown to $4178, compared to $1630 for the S&P 500. That represents an annualized return of 13.3% vs 9.8% for the index — confirming WAB as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 19% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | +4077.5% |
| Jul 1996 | Dec 1996 | 22 | 15.0% | +81.8% | +4647.1% |
| Sep 1999 | Nov 2002 | 165 | 55.1% | -43.1% | +2820.5% |
| Dec 2002 | May 2003 | 24 | 23.9% | +30.4% | +3752.3% |
| Nov 2008 | Nov 2008 | 1 | 7.3% | +29.0% | +1546.8% |
| Jan 2009 | Apr 2009 | 14 | 29.9% | +22.6% | +1426.5% |
| May 2009 | Aug 2009 | 12 | 13.0% | +38.0% | +1391.9% |
| Jan 2016 | Feb 2016 | 7 | 9.3% | +34.6% | +296.6% |
| Jun 2016 | Aug 2016 | 8 | 6.0% | +26.6% | +255.8% |
| Mar 2017 | Apr 2017 | 4 | 3.3% | +8.4% | +221.0% |
| Jul 2017 | Dec 2017 | 22 | 13.2% | +45.3% | +231.3% |
| Jan 2018 | Mar 2018 | 5 | 11.7% | -4.1% | +237.7% |
| Mar 2018 | Apr 2018 | 3 | 4.7% | -9.1% | +219.3% |
| Dec 2018 | Nov 2019 | 48 | 22.7% | +3.2% | +236.4% |
| Nov 2019 | Jan 2021 | 58 | 48.5% | -5.4% | +211.7% |
| Jan 2021 | Feb 2021 | 1 | 2.1% | +19.1% | +227.7% |
| Feb 2021 | Mar 2021 | 3 | 4.2% | +31.5% | +228.3% |
| Average | 24 | — | +20.1% | — |
Frequently Asked Questions
Is WAB below its 200-week moving average?
No. Westinghouse Air Brake Technologies (WAB) is currently 58.2% above its 200-week moving average of $149.20. It would need to fall to $149.20 to cross below the line.
What is WAB's 200-week moving average price?
Westinghouse Air Brake Technologies's 200-week moving average is $149.20 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when WAB drops below its 200-week moving average?
WAB has crossed below its 200-week moving average 17 times in our data. On average, buying at that moment produced a one-year return of +20.1%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is WAB a good value right now?
Here's what our data says about WAB as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 63. Free cash flow yield is 3.0%. Return on equity is 11.1%. Price-to-book is 3.6x. This is not a buy or sell recommendation — always do your own research.
How does WAB compare to the S&P 500?
Over the past 29.9 years, $100 invested in WAB would have grown to $4178, compared to $1630 for the S&P 500. That's 13.3% annualized vs 9.8% for the index. WAB has outperformed the broader market over this period.
Does WAB pay a dividend?
Yes. Westinghouse Air Brake Technologies currently pays a dividend yield of 45.00%.
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 week of 2026-03-20