Westinghouse Air Brake Technologies Corp (WAB) — Financial Flexibility Index

Latest as of March 2026: 0.02x

Westinghouse Air Brake Technologies Corp (WAB) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $245.00 Million (operating CF $199.00 Million minus capex $46.00 Million) represents 0% of total liabilities ($12.04 Billion). Check Westinghouse Air Brake Technologies Corp (WAB) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$245.00 Million
Operating CF − Capex

Total Liabilities

$12.04 Billion
USD

Capital Expenditures

$46.00 Million
USD

Westinghouse Air Brake Technologies Corp Financial Flexibility Index (1993–2025)

Historical Financial Flexibility Index trend for Westinghouse Air Brake Technologies Corp across 33 annual periods. For the full cash flow conversion analysis, see Westinghouse Air Brake Technologies Corp (WAB) cash conversion ratio.

Annual Financial Flexibility Index for Westinghouse Air Brake Technologies Corp (1993–2025)

Year-by-year free cash flow to debt coverage for Westinghouse Air Brake Technologies Corp. Explore Westinghouse Air Brake Technologies Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.19x $2.02 Billion $1.76 Billion $10.88 Billion ▼ -22.1%
2024 0.24x $2.04 Billion $1.83 Billion $8.57 Billion ▲ +45.3%
2023 0.16x $1.39 Billion $1.20 Billion $8.46 Billion ▲ +15.5%
2022 0.14x $1.19 Billion $1.04 Billion $8.37 Billion ▼ -3.1%
2021 0.15x $1.20 Billion $1.07 Billion $8.21 Billion ▲ +32.1%
2020 0.11x $920.10 Million $783.70 Million $8.30 Billion ▼ -17.9%
2019 0.14x $1.20 Billion $1.02 Billion $8.89 Billion ▲ +91.3%
2018 0.07x $407.98 Million $314.67 Million $5.78 Billion ▼ -4.8%
2017 0.07x $278.28 Million $188.81 Million $3.75 Billion ▼ -46.5%
2016 0.14x $499.52 Million $449.31 Million $3.60 Billion ▼ -55.5%
2015 0.31x $497.69 Million $448.26 Million $1.60 Billion ▼ -10.5%
2014 0.35x $520.05 Million $472.38 Million $1.50 Billion ▲ +55.1%
2013 0.22x $276.89 Million $235.65 Million $1.23 Billion ▼ -12.3%
2012 0.26x $273.44 Million $237.44 Million $1.07 Billion ▼ -0.9%
2011 0.26x $286.60 Million $248.63 Million $1.11 Billion ▲ +17.8%
2010 0.22x $196.98 Million $176.14 Million $899.69 Million ▼ -1.2%
2009 0.22x $178.81 Million $160.52 Million $806.92 Million ▲ +6.7%
2008 0.21x $179.10 Million $159.38 Million $862.15 Million ▼ -31.0%
2007 0.30x $162.93 Million $142.51 Million $541.43 Million ▼ -12.0%
2006 0.34x $171.97 Million $151.03 Million $502.95 Million ▲ +46.4%
2005 0.23x $106.74 Million $84.07 Million $457.15 Million ▲ +29.8%
2004 0.18x $72.13 Million $52.87 Million $400.97 Million ▲ +0.0%
2003 0.18x $73.37 Million $55.90 Million $408.01 Million ▲ +168.2%
2002 0.07x $26.12 Million $15.66 Million $389.60 Million ▼ -75.7%
2001 0.28x $133.90 Million $119.10 Million $484.68 Million ▲ +151.4%
2000 0.11x $86.55 Million $60.21 Million $787.68 Million ▼ -17.3%
1999 0.13x $108.20 Million $77.39 Million $814.80 Million ▼ -54.4%
1998 0.29x $183.60 Million $42.10 Million $630.10 Million ▲ +30.2%
1997 0.22x $109.70 Million $67.00 Million $490.20 Million ▼ -34.7%
1996 0.34x $150.60 Million $58.90 Million $439.40 Million ▲ +9.0%
1995 0.31x $117.00 Million $45.90 Million $372.10 Million ▼ -22.5%
1994 0.41x $57.20 Million $43.70 Million $140.90 Million ▲ +42.8%
1993 0.28x $46.80 Million $37.00 Million $164.60 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities