Wabtec (WAB) Financial Forecast Calculator
Interactive 5-year forecast and DCF for Wabtec. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Wabtec’s most recent SEC filings.
Assumptions
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Keep iterating on the Wabtec forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.
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Frequently asked
What does Wabtec Corporation do?+
Wabtec (Westinghouse Air Brake Technologies Corporation) is a leading global provider of equipment, systems, digital solutions, and services for the freight and transit rail sectors. The company manufactures diesel-electric and battery-electric locomotives, transit cars, and rail control systems, also offering highly profitable recurring revenue from servicing its large installed base.
What are the primary revenue drivers for Wabtec's business?+
Wabtec's revenue is primarily driven by a global locomotive fleet renewal cycle and its high-margin aftermarket services business. The company's massive installed base of nearly 24,600 locomotives ensures a resilient stream of aftermarket parts and services revenue.
What are the key assumptions used in the Wabtec financial model regarding capital expenditures?+
The financial model assumes capital expenditures as a percentage of revenue are approximately 1.89%. This low percentage for an industrial company reflects a split of approximately 60% maintenance capex and 40% growth capex, focused on facility modernization and automation.
How does the financial model evaluate Wabtec's valuation and free cash flow?+
The financial model evaluates Wabtec's equity valuation and free cash flow generation capacity to help determine if its Integration 3.0 cost savings, global locomotive fleet renewal cycle, and high-margin aftermarket services justify its current market premium. It aims to assess the company's ability to generate cash for equity holders.
Can I download an Excel financial model for Wabtec?+
Yes, an Excel financial model for Wabtec is available for download. This model provides a forecast horizon from fiscal year 2026 through fiscal year 2030, offering detailed financial projections.
What is Wabtec's business model for its freight segment?+
Wabtec's freight segment, which comprises 72% of its 2025 revenue, operates on a "razor and blades" industrial framework. While initial equipment sales are capital intensive and cyclical, the large installed base of locomotives drives a highly resilient, high-margin aftermarket parts and services business.
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