GBX vs. WAB
GBX (The Greenbrier Companies, Inc.) and WAB (Westinghouse Air Brake Technologies Corporation) are both stocks. Both operate in the Railroads industry within the Industrials sector. Over the past 10 years, GBX returned 7.32%/yr vs 14.49%/yr for WAB. At a 0.43 correlation, their price movements are largely independent.
Performance
GBX vs. WAB - Performance Comparison
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Returns By Period
In the year-to-date period, GBX achieves a 4.42% return, which is significantly lower than WAB's 22.51% return. Over the past 10 years, GBX has underperformed WAB with an annualized return of 7.32%, while WAB has yielded a comparatively higher 14.49% annualized return.
GBX
- 1D
- 1.84%
- 1M
- -0.00%
- 6M
- -0.18%
- YTD
- 4.42%
- 1Y
- -7.85%
- 3Y*
- 6.05%
- 5Y*
- 5.00%
- 10Y*
- 7.32%
WAB
- 1D
- -0.13%
- 1M
- -1.64%
- 6M
- 15.46%
- YTD
- 22.51%
- 1Y
- 22.69%
- 3Y*
- 33.27%
- 5Y*
- 26.60%
- 10Y*
- 14.49%
GBX vs. WAB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GBX The Greenbrier Companies, Inc. | 4.42% | -21.33% | 41.32% | 36.32% | -24.80% | 29.44% | 17.62% | -15.52% | -24.34% | 30.82% |
WAB Westinghouse Air Brake Technologies Corporation | 22.51% | 13.15% | 50.14% | 27.96% | 9.07% | 26.53% | -5.23% | 11.46% | -13.26% | -1.36% |
Correlation
The correlation between GBX and WAB is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 1995 | 0.43 |
The correlation between GBX and WAB shifts across timeframes, from 0.43 (all time) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GBX:
$1.49B
WAB:
$44.26B
GBX:
$3.28
WAB:
$7.08
GBX:
14.70
WAB:
36.86
GBX:
0.22
WAB:
1.56
GBX:
2.01
WAB:
3.88
GBX:
0.97
WAB:
3.99
GBX:
$755.80M
WAB:
$11.51B
GBX:
$139.90M
WAB:
$3.89B
GBX:
$193.40M
WAB:
$2.33B
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Return for Risk
GBX vs. WAB — Risk / Return Rank
GBX
WAB
GBX vs. WAB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Greenbrier Companies, Inc. (GBX) 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.
| GBX | WAB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.17 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 1.72 | -2.08 |
| Martin ratioReturn relative to average drawdown | -0.60 | 3.69 | -4.29 |
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Drawdowns
GBX vs. WAB - Drawdown Comparison
The maximum GBX drawdown since its inception was -95.61%, which is greater than WAB's maximum drawdown of -71.85%. Use the drawdown chart below to compare losses from any high point for GBX and WAB.
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Drawdown Indicators
| GBX | WAB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.61% | -71.85% | -23.76% |
Max Drawdown (1Y)Largest decline over 1 year | -21.71% | -13.29% | -8.42% |
Max Drawdown (3Y)Largest decline over 3 years | -43.69% | -23.55% | -20.14% |
Max Drawdown (5Y)Largest decline over 5 years | -53.88% | -23.55% | -30.33% |
Max Drawdown (10Y)Largest decline over 10 years | -78.68% | -64.08% | -14.60% |
Current DrawdownCurrent decline from peak | -29.13% | -7.64% | -21.49% |
Average DrawdownAverage peak-to-trough decline | -39.23% | -23.91% | -15.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.88% | 6.17% | +7.71% |
Volatility
GBX vs. WAB - Volatility Comparison
The Greenbrier Companies, Inc. (GBX) and Westinghouse Air Brake Technologies Corporation (WAB) have volatilities of 8.20% and 7.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GBX | WAB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.20% | 7.84% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 23.53% | 18.77% | +4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.63% | 24.87% | +5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.28% | 25.94% | +16.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.29% | 31.31% | +12.98% |
Dividends
GBX vs. WAB - Dividend Comparison
GBX's dividend yield for the trailing twelve months is around 2.70%, more than WAB's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBX The Greenbrier Companies, Inc. | 2.70% | 2.70% | 1.97% | 2.58% | 3.22% | 2.35% | 2.97% | 3.08% | 2.48% | 1.65% | 1.97% | 1.99% |
WAB Westinghouse Air Brake Technologies Corporation | 0.43% | 0.47% | 0.42% | 0.54% | 0.60% | 0.52% | 0.66% | 0.62% | 0.68% | 0.54% | 0.43% | 0.39% |
Financials
GBX vs. WAB - Financials Comparison
This section allows you to compare key financial metrics between The Greenbrier Companies, 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
GBX vs. WAB - Profitability Comparison
GBX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Greenbrier Companies, Inc. reported a gross profit of -172.80M and revenue of -1.29B. Therefore, the gross margin over that period was 13.4%.
WAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Westinghouse Air Brake Technologies Corporation reported a gross profit of 1.06B and revenue of 2.95B. Therefore, the gross margin over that period was 36.0%.
GBX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Greenbrier Companies, Inc. reported an operating income of 31.90M and revenue of -1.29B, resulting in an operating margin of -2.5%.
WAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Westinghouse Air Brake Technologies Corporation reported an operating income of 517.00M and revenue of 2.95B, resulting in an operating margin of 17.5%.
GBX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Greenbrier Companies, Inc. reported a net income of 17.50M and revenue of -1.29B, resulting in a net margin of -1.4%.
WAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Westinghouse Air Brake Technologies Corporation reported a net income of 362.00M and revenue of 2.95B, resulting in a net margin of 12.3%.
Frequently Asked Questions
GBX and WAB have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GBX has higher volatility (8.20%) compared to WAB (7.84%). In terms of maximum drawdown, GBX dropped -95.61% vs WAB's -71.85%.
WAB currently has the higher Sharpe Ratio (0.92 vs -0.26), 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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