WAB vs. AEO
WAB (Westinghouse Air Brake Technologies Corporation) and AEO (American Eagle Outfitters, Inc.) are both stocks. WAB operates in Railroads (Industrials), while AEO operates in Apparel Retail (Consumer Cyclical). Over the past 10 years, WAB returned 16.31%/yr vs 2.34%/yr for AEO. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
WAB vs. AEO - Performance Comparison
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Returns By Period
In the year-to-date period, WAB achieves a 36.60% return, which is significantly higher than AEO's -33.61% return. Over the past 10 years, WAB has outperformed AEO with an annualized return of 16.31%, while AEO has yielded a comparatively lower 2.34% annualized return.
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%
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%
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 |
WAB vs. AEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Correlation
The correlation between WAB and AEO 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
WAB:
$49.13B
AEO:
$2.88B
WAB:
$7.40
AEO:
$1.62
WAB:
39.29
AEO:
10.61
WAB:
1.66
AEO:
2.70
WAB:
4.15
AEO:
0.53
WAB:
4.40
AEO:
1.80
WAB:
$11.98B
AEO:
$5.60B
WAB:
$4.11B
AEO:
$2.00B
WAB:
$2.43B
AEO:
$662.21M
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Return for Risk
WAB vs. AEO — Risk / Return Rank
WAB
AEO
WAB vs. AEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westinghouse Air Brake Technologies Corporation (WAB) and American Eagle Outfitters, Inc. (AEO). 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.
| WAB | AEO | 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 | 1.35 | 1.24 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | 1.37 | +3.47 |
| Martin ratioReturn relative to average drawdown | 14.17 | 2.45 | +11.72 |
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Drawdowns
WAB vs. AEO - Drawdown Comparison
The maximum WAB drawdown since its inception was -71.85%, smaller than the maximum AEO drawdown of -80.67%. Use the drawdown chart below to compare losses from any high point for WAB and AEO.
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Drawdown Indicators
| WAB | AEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.85% | -80.67% | +8.82% |
Max Drawdown (1Y)Largest decline over 1 year | -10.85% | -46.69% | +35.84% |
Max Drawdown (3Y)Largest decline over 3 years | -23.55% | -63.13% | +39.58% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -71.49% | +47.94% |
Max Drawdown (10Y)Largest decline over 10 years | -64.08% | -75.67% | +11.59% |
Current DrawdownCurrent decline from peak | -4.88% | -47.36% | +42.48% |
Average DrawdownAverage peak-to-trough decline | -23.88% | -37.93% | +14.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.71% | 26.01% | -22.30% |
Volatility
WAB vs. AEO - Volatility Comparison
The current volatility for Westinghouse Air Brake Technologies Corporation (WAB) is 11.91%, while American Eagle Outfitters, Inc. (AEO) has a volatility of 14.20%. This indicates that WAB experiences smaller price fluctuations and is considered to be less risky than AEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WAB | AEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.91% | 14.20% | -2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 21.75% | 38.04% | -16.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.50% | 70.08% | -43.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.29% | 54.30% | -28.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.43% | 51.94% | -20.51% |
Dividends
WAB vs. AEO - Dividend Comparison
WAB's dividend yield for the trailing twelve months is around 0.39%, less than AEO's 2.91% 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
WAB vs. AEO - Financials Comparison
This section allows you to compare key financial metrics between Westinghouse Air Brake Technologies Corporation and American Eagle Outfitters, Inc.. 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
WAB vs. AEO - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
WAB and AEO 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, WAB dropped -71.85% vs AEO's -80.67%.
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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