AEO vs. WAB
AEO (American Eagle Outfitters, Inc.) and WAB (Westinghouse Air Brake Technologies Corporation) are both stocks. AEO operates in Apparel Retail (Consumer Cyclical), while WAB operates in Railroads (Industrials). Over the past 10 years, AEO returned 2.34%/yr vs 16.31%/yr for WAB. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
AEO vs. WAB - Performance Comparison
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Returns By Period
In the year-to-date period, AEO achieves a -33.61% return, which is significantly lower than WAB's 36.60% return. Over the past 10 years, AEO has underperformed WAB with an annualized return of 2.34%, while WAB has yielded a comparatively higher 16.31% annualized return.
AEO
- 1D
- -0.75%
- 1M
- 5.16%
- 6M
- -25.24%
- YTD
- -33.61%
- 1Y
- 64.35%
- 3Y*
- 8.60%
- 5Y*
- -10.47%
- 10Y*
- 2.34%
- ALL TIME*
- 12.14%
WAB
- 1D
- -0.55%
- 1M
- 10.93%
- 6M
- 26.69%
- YTD
- 36.60%
- 1Y
- 56.40%
- 3Y*
- 35.33%
- 5Y*
- 28.65%
- 10Y*
- 16.31%
- ALL TIME*
- 12.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $66.40M | $74.01M | $86.53M | |
| $398.60M | $285.84M | $258.66M |
AEO vs. WAB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEO American Eagle Outfitters, Inc. | -33.61% | 64.66% | -19.34% | 54.86% | -43.44% | 29.76% | 38.82% | -22.10% | 5.50% | 28.48% |
WAB Westinghouse Air Brake Technologies Corporation | 36.60% | 13.15% | 50.14% | 27.96% | 9.07% | 26.53% | -5.23% | 11.46% | -13.26% | -1.36% |
Correlation
The correlation between AEO and WAB is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.39 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 1995 | 0.30 |
Fundamentals
AEO:
$2.88B
WAB:
$49.13B
AEO:
$1.62
WAB:
$7.40
AEO:
10.61
WAB:
39.29
AEO:
2.70
WAB:
1.66
AEO:
0.53
WAB:
4.15
AEO:
1.80
WAB:
4.40
AEO:
$5.60B
WAB:
$11.98B
AEO:
$2.00B
WAB:
$4.11B
AEO:
$662.21M
WAB:
$2.43B
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Return for Risk
AEO vs. WAB — Risk / Return Rank
AEO
WAB
AEO vs. WAB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Eagle Outfitters, Inc. (AEO) and Westinghouse Air Brake Technologies Corporation (WAB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AEO | WAB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.35 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 4.84 | -3.47 |
| Martin ratioReturn relative to average drawdown | 2.45 | 14.17 | -11.72 |
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Drawdowns
AEO vs. WAB - Drawdown Comparison
The maximum AEO drawdown since its inception was -80.67%, which is greater than WAB's maximum drawdown of -71.85%. Use the drawdown chart below to compare losses from any high point for AEO and WAB.
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Drawdown Indicators
| AEO | WAB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.67% | -71.85% | -8.82% |
Max Drawdown (1Y)Largest decline over 1 year | -46.69% | -10.85% | -35.84% |
Max Drawdown (3Y)Largest decline over 3 years | -63.13% | -23.55% | -39.58% |
Max Drawdown (5Y)Largest decline over 5 years | -71.49% | -23.55% | -47.94% |
Max Drawdown (10Y)Largest decline over 10 years | -75.67% | -64.08% | -11.59% |
Current DrawdownCurrent decline from peak | -47.36% | -4.88% | -42.48% |
Average DrawdownAverage peak-to-trough decline | -37.93% | -23.88% | -14.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.01% | 3.71% | +22.30% |
Volatility
AEO vs. WAB - Volatility Comparison
American Eagle Outfitters, Inc. (AEO) has a higher volatility of 14.20% compared to Westinghouse Air Brake Technologies Corporation (WAB) at 11.91%. This indicates that AEO's price experiences larger fluctuations and is considered to be riskier than WAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEO | WAB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.20% | 11.91% | +2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 38.04% | 21.75% | +16.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.08% | 26.50% | +43.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.30% | 26.29% | +28.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.94% | 31.43% | +20.51% |
Dividends
AEO vs. WAB - Dividend Comparison
AEO's dividend yield for the trailing twelve months is around 2.91%, more than WAB's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEO American Eagle Outfitters, Inc. | 2.91% | 1.90% | 3.00% | 1.42% | 2.58% | 3.22% | 1.37% | 2.81% | 2.85% | 2.66% | 3.30% | 3.23% |
WAB Westinghouse Air Brake Technologies Corporation | 0.39% | 0.47% | 0.42% | 0.54% | 0.60% | 0.52% | 0.66% | 0.62% | 0.68% | 0.54% | 0.43% | 0.39% |
Financials
AEO vs. WAB - Financials Comparison
This section allows you to compare key financial metrics between American Eagle Outfitters, Inc. and Westinghouse Air Brake Technologies Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AEO vs. WAB - Profitability Comparison
AEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, American Eagle Outfitters, Inc. reported a gross profit of 456.17M and revenue of 1.20B. Therefore, the gross margin over that period was 38.2%.
WAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Westinghouse Air Brake Technologies Corporation reported a gross profit of 1.16B and revenue of 3.18B. Therefore, the gross margin over that period was 36.5%.
AEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, American Eagle Outfitters, Inc. reported an operating income of 28.23M and revenue of 1.20B, resulting in an operating margin of 2.4%.
WAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Westinghouse Air Brake Technologies Corporation reported an operating income of 600.00M and revenue of 3.18B, resulting in an operating margin of 18.9%.
AEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, American Eagle Outfitters, Inc. reported a net income of 23.53M and revenue of 1.20B, resulting in a net margin of 2.0%.
WAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Westinghouse Air Brake Technologies Corporation reported a net income of 390.00M and revenue of 3.18B, resulting in a net margin of 12.3%.
Frequently Asked Questions
AEO and WAB have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEO has higher volatility (14.20%) compared to WAB (11.91%). In terms of maximum drawdown, AEO dropped -80.67% vs WAB's -71.85%.
WAB currently has the higher Sharpe Ratio (1.98 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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