WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) Risk Factors
IndustrialsLatest 10-K filed Feb 13, 2026Source: SEC EDGAR
WealthWire extracted and classified 33 risk factors from WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP’s latest SEC filing, mapping each to a standardized risk taxonomy so they can be compared across every company and sector. The breakdown below shows how those disclosures distribute across risk categories.
Legal & regulatory
9 factorsMarket & business
8 factorsOperations & people
6 factorsFinancial
4 factorsESG & reputation
3 factorsTechnology
2 factorsOther
1 factorsRecent key developments
Concrete developments — dated events, named agreements and instruments, legal proceedings — that WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP surfaced in its latest filing.
- Continuing conflict between Russia and Ukraine, including sanctions, embargoes, and potential nationalization of foreign assets in Russia.
- Wabtec has operations in Kazakhstan that have incurred supply, distribution, and currency impacts from the Russian invasion of Ukraine.
- A significant portion of our technology is not patented.
- At December 31, 2025, we had total debt of $5.5 billion, primarily related to Senior Notes and credit agreements.December 31, 2025
- Required Interest Coverage Ratio of at least 3.00 to 1.00 under the credit agreement.
- Required Leverage Ratio of 3.5 or less, calculated using net debt (total debt net of up to $500 million of unrestricted cash) under the credit agreement.
- Senior Notes indentures require repurchase offers upon certain change of control triggering events.
Go deeper on WAB
This page shows the category breakdown of the latest filing. The WealthWire API and dashboard add the full risk-factor text, multi-year trends, sector comparisons, and CSV export — for WAB and every other S&P 500 company.