Westinghouse Air Brake Technologies Corp (WAB) — Cash Flow Quality Index
Westinghouse Air Brake Technologies Corp (WAB) has a Cash Flow Quality Index of 0.55x as of March 2026. Operating cash flow of $199.00 Million is below net income of $363.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore WAB operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Westinghouse Air Brake Technologies Corp Cash Flow Quality Index (1993–2025)
Historical Cash Flow Quality Index for Westinghouse Air Brake Technologies Corp across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see WAB cash flow metrics.
Annual Cash Flow Quality Index for Westinghouse Air Brake Technologies Corp (1993–2025)
Year-by-year earnings quality comparison for Westinghouse Air Brake Technologies Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.49x | $1.76 Billion | $1.18 Billion | ▼ -13.5% |
| 2024 | 1.72x | $1.83 Billion | $1.07 Billion | ▲ +18.1% |
| 2023 | 1.46x | $1.20 Billion | $825.00 Million | ▼ -10.1% |
| 2022 | 1.62x | $1.04 Billion | $641.00 Million | ▼ -14.7% |
| 2021 | 1.90x | $1.07 Billion | $565.00 Million | ▼ -0.1% |
| 2020 | 1.90x | $783.70 Million | $412.30 Million | ▼ -38.9% |
| 2019 | 3.11x | $1.02 Billion | $326.50 Million | ▲ +188.3% |
| 2018 | 1.08x | $314.67 Million | $291.70 Million | ▲ +49.9% |
| 2017 | 0.72x | $188.81 Million | $262.29 Million | ▼ -49.8% |
| 2016 | 1.43x | $449.31 Million | $313.40 Million | ▲ +27.5% |
| 2015 | 1.12x | $448.26 Million | $398.63 Million | ▼ -16.3% |
| 2014 | 1.34x | $472.38 Million | $351.68 Million | ▲ +66.6% |
| 2013 | 0.81x | $235.65 Million | $292.24 Million | ▼ -14.5% |
| 2012 | 0.94x | $237.44 Million | $251.73 Million | ▼ -35.5% |
| 2011 | 1.46x | $248.63 Million | $170.15 Million | ▲ +2.1% |
| 2010 | 1.43x | $176.14 Million | $123.10 Million | ▲ +2.6% |
| 2009 | 1.40x | $160.52 Million | $115.06 Million | ▲ +14.2% |
| 2008 | 1.22x | $159.38 Million | $130.51 Million | ▼ -6.1% |
| 2007 | 1.30x | $142.51 Million | $109.57 Million | ▼ -27.0% |
| 2006 | 1.78x | $151.03 Million | $84.80 Million | ▲ +18.2% |
| 2005 | 1.51x | $84.07 Million | $55.78 Million | ▼ -7.5% |
| 2004 | 1.63x | $52.87 Million | $32.45 Million | ▼ -33.8% |
| 2003 | 2.46x | $55.90 Million | $22.70 Million | ▲ +27.7% |
| 2001 | 1.93x | $119.10 Million | $61.78 Million | ▼ -18.7% |
| 2000 | 2.37x | $60.21 Million | $25.39 Million | ▲ +16.3% |
| 1999 | 2.04x | $77.39 Million | $37.94 Million | ▲ +118.0% |
| 1998 | 0.94x | $42.10 Million | $45.00 Million | ▼ -47.9% |
| 1997 | 1.80x | $67.00 Million | $37.30 Million | ▼ -0.3% |
| 1996 | 1.80x | $58.90 Million | $32.70 Million | ▲ +37.7% |
| 1995 | 1.31x | $45.90 Million | $35.10 Million | ▲ +10.1% |
| 1994 | 1.19x | $43.70 Million | $36.80 Million | ▼ -16.2% |
| 1993 | 1.42x | $37.00 Million | $26.10 Million | — |