WABTEC has reported total sales of $US 11.17bn for 2025, up 7.5% from the year before. GAAP diluted earnings per share were up 13.1% year-on-year at $US 6.83, with adjusted diluted earnings per share up 18.7% at in what Wabtec says is fifth consecutive year of growth averaging in the high teens.
Total sales at Wabtec’s Freight segment in the 12 months to December 31 2025 were $US 8.04bn, up from $US 7.47bn the year before. Within the Freight segment, Wabtec says that sales of digital intelligence products were driven by the acquisition of Inspection Technologies and Frauscher Sensor Technology, up 74.4% in the fourth quarter and reaching $US 1.03bn in 2025, up from $US 786m the year before.
Other recent acquisitions by Wabtec include Dellner Couplers. This transaction was completed on February 10.
Equipment sales within the Freight segment were driven by higher locomotive deliveries, reaching a total of $US 2.36bn in 2025, up from $US 2.11bn the year before. Total sales at the Transit segment were $US 3.13bn, up from $US 2.29bn in 2024.
Wabtec says that its total backlog has set another record, standing at $US 27.41bn as of December 31 2025, up 23.1% from $US 22.27bn the year before. This includes a 12-month backlog up 7.2% at $US 8.23bn from $US 7.68bn. Excluding the impact of foreign currency exchange, the 12-month backlog was up 4.7% and the total multi-year backlog up 20.5%.
“I am very encouraged by the underlying momentum of our business and our recent acquisitions, both of which we expect to drive significant value going forward,” says Wabtec president and CEO, Rafael Santana.
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