Westinghouse Air Brake Technologies Corp (WAB) — Free Cash Flow Generation Index
Westinghouse Air Brake Technologies Corp (WAB) has a Free Cash Flow Generation Index of 0.77x as of March 2026. Free cash flow of $153.00 Million represents 1% of operating cash flow ($199.00 Million). Explore WAB capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Westinghouse Air Brake Technologies Corp Free Cash Flow Generation Index (1993–2025)
Historical FCF Generation Index trend for Westinghouse Air Brake Technologies Corp across 33 annual periods. For the full cash flow conversion analysis, see WAB operating cash flow.
Annual Free Cash Flow Generation for Westinghouse Air Brake Technologies Corp (1993–2025)
Year-by-year Free Cash Flow Generation Index for Westinghouse Air Brake Technologies Corp. Check WAB total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.85x | $1.50 Billion | $1.76 Billion | $260.00 Million | ▼ -3.9% |
| 2024 | 0.89x | $1.63 Billion | $1.83 Billion | $207.00 Million | ▲ +5.0% |
| 2023 | 0.85x | $1.01 Billion | $1.20 Billion | $186.00 Million | ▼ -1.3% |
| 2022 | 0.86x | $889.00 Million | $1.04 Billion | $149.00 Million | ▼ -2.5% |
| 2021 | 0.88x | $943.00 Million | $1.07 Billion | $130.00 Million | ▲ +6.4% |
| 2020 | 0.83x | $647.30 Million | $783.70 Million | $136.40 Million | ▲ +1.0% |
| 2019 | 0.82x | $830.20 Million | $1.02 Billion | $185.30 Million | ▲ +16.2% |
| 2018 | 0.70x | $221.37 Million | $314.67 Million | $93.31 Million | ▲ +33.7% |
| 2017 | 0.53x | $99.34 Million | $188.81 Million | $89.47 Million | ▼ -40.8% |
| 2016 | 0.89x | $399.09 Million | $449.31 Million | $50.22 Million | ▼ -0.2% |
| 2015 | 0.89x | $398.83 Million | $448.26 Million | $49.43 Million | ▼ -1.0% |
| 2014 | 0.90x | $424.72 Million | $472.38 Million | $47.66 Million | ▲ +9.0% |
| 2013 | 0.83x | $194.41 Million | $235.65 Million | $41.24 Million | ▼ -2.8% |
| 2012 | 0.85x | $201.44 Million | $237.44 Million | $36.00 Million | ▲ +0.1% |
| 2011 | 0.85x | $210.66 Million | $248.63 Million | $37.97 Million | ▼ -3.9% |
| 2010 | 0.88x | $155.29 Million | $176.14 Million | $20.84 Million | ▼ -0.5% |
| 2009 | 0.89x | $142.23 Million | $160.52 Million | $18.29 Million | ▲ +1.1% |
| 2008 | 0.88x | $139.67 Million | $159.38 Million | $19.71 Million | ▲ +2.3% |
| 2007 | 0.86x | $122.09 Million | $142.51 Million | $20.42 Million | ▼ -0.5% |
| 2006 | 0.86x | $130.09 Million | $151.03 Million | $20.94 Million | ▲ +17.9% |
| 2005 | 0.73x | $61.41 Million | $84.07 Million | $22.67 Million | ▲ +14.9% |
| 2004 | 0.64x | $33.60 Million | $52.87 Million | $19.26 Million | ▼ -7.5% |
| 2003 | 0.69x | $38.43 Million | $55.90 Million | $17.47 Million | ▲ +107.3% |
| 2002 | 0.33x | $5.19 Million | $15.66 Million | $10.46 Million | ▼ -62.1% |
| 2001 | 0.88x | $104.30 Million | $119.10 Million | $14.80 Million | ▲ +55.6% |
| 2000 | 0.56x | $33.88 Million | $60.21 Million | $26.34 Million | ▼ -6.5% |
| 1999 | 0.60x | $46.58 Million | $77.39 Million | $30.81 Million | ▲ +125.5% |
| 1998 | -2.36x | $-99.40 Million | $42.10 Million | $141.50 Million | ▼ -751.0% |
| 1997 | 0.36x | $24.30 Million | $67.00 Million | $42.70 Million | ▲ +165.1% |
| 1996 | -0.56x | $-32.80 Million | $58.90 Million | $91.70 Million | ▼ -1.4% |
| 1995 | -0.55x | $-25.20 Million | $45.90 Million | $71.10 Million | ▼ -179.4% |
| 1994 | 0.69x | $30.20 Million | $43.70 Million | $13.50 Million | ▼ -6.0% |
| 1993 | 0.74x | $27.20 Million | $37.00 Million | $9.80 Million | — |