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Pittsburgh, Pennsylvania-based Westinghouse Air Brake Technologies Corporation (WAB) provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries. Valued at a market cap of $32.3 billion, the company’s offerings range from control systems, analytics, and asset performance management to braking systems, HVAC, signaling equipment, and remote train and locomotive controls, helping enhance efficiency, safety, and sustainability across global rail networks.
Companies worth $10 billion or more are typically classified as “large-cap stocks,” and WAB fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the railroads industry. The company is recognised as a global leader in rail technology, combining over 150 years of expertise with modern innovation. It leverages its scale, diverse product portfolio, and global reach to provide mission-critical equipment and services that keep rail networks running reliably while driving the industry’s transition toward cleaner and smarter transportation.
