Wabtec

WAB

Market cap $45B

ALBERTVILLE, Ala. & PITTSBURGH--(BUSINESS WIRE)-- #WeAreWabtec--Progress Rail, a Caterpillar company, and Wabtec Corporation (NYSE: WAB) announced today that the two parties have reached a settlement in Progress Rail v. Wabtec. The parties agree that this settlement is best for both companies, customers, and consumers, and the prospect of additional litigation is not in anyone's interest. There is no admission of liability. The two companies acknowledge that they have been and remain suppliers of long-haul fr.

Consistent efforts to reward its shareholders through dividend payments and share repurchases highlight the financial strength of WAB.

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Westinghouse Air Brake Technologies Corp (NYSE: WAB) reported better-than-expected earnings for the fourth quarter on Wednesday.

WAB tops Q4 estimates with 25% EPS jump and 14.8% revenue growth, driven by Freight strength and acquisitions, as 2026 outlook beats forecasts.