WAB vs. ERIE
Compare and contrast key facts about Westinghouse Air Brake Technologies Corporation (WAB) and Erie Indemnity Company (ERIE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAB or ERIE.
Correlation
The correlation between WAB and ERIE is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WAB vs. ERIE - Performance Comparison
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Key characteristics
WAB:
0.86
ERIE:
-0.13
WAB:
1.31
ERIE:
0.06
WAB:
1.20
ERIE:
1.01
WAB:
1.07
ERIE:
-0.11
WAB:
3.21
ERIE:
-0.20
WAB:
7.84%
ERIE:
19.16%
WAB:
28.02%
ERIE:
33.23%
WAB:
-71.84%
ERIE:
-50.74%
WAB:
-1.86%
ERIE:
-30.73%
Fundamentals
WAB:
$34.95B
ERIE:
$19.25B
WAB:
$6.41
ERIE:
$11.76
WAB:
31.86
ERIE:
31.30
WAB:
3.92
ERIE:
3.05
WAB:
3.33
ERIE:
4.93
WAB:
3.37
ERIE:
9.09
WAB:
$10.50B
ERIE:
$3.32B
WAB:
$3.31B
ERIE:
$1.70B
WAB:
$2.02B
ERIE:
$525.14M
Returns By Period
In the year-to-date period, WAB achieves a 8.63% return, which is significantly higher than ERIE's -8.67% return. Over the past 10 years, WAB has underperformed ERIE with an annualized return of 7.89%, while ERIE has yielded a comparatively higher 19.22% annualized return.
WAB
8.63%
21.20%
5.53%
24.01%
32.31%
7.89%
ERIE
-8.67%
-9.21%
-7.04%
-4.44%
20.28%
19.22%
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Risk-Adjusted Performance
WAB vs. ERIE — Risk-Adjusted Performance Rank
WAB
ERIE
WAB vs. ERIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Westinghouse Air Brake Technologies Corporation (WAB) and Erie Indemnity Company (ERIE). 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.
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Dividends
WAB vs. ERIE - Dividend Comparison
WAB's dividend yield for the trailing twelve months is around 0.41%, less than ERIE's 1.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAB Westinghouse Air Brake Technologies Corporation | 0.41% | 0.42% | 0.54% | 0.60% | 0.52% | 0.66% | 0.62% | 0.68% | 0.54% | 0.43% | 0.39% | 0.23% |
ERIE Erie Indemnity Company | 1.41% | 1.24% | 1.42% | 1.79% | 2.15% | 2.39% | 2.17% | 2.52% | 2.57% | 1.95% | 3.61% | 2.80% |
Drawdowns
WAB vs. ERIE - Drawdown Comparison
The maximum WAB drawdown since its inception was -71.84%, which is greater than ERIE's maximum drawdown of -50.74%. Use the drawdown chart below to compare losses from any high point for WAB and ERIE. For additional features, visit the drawdowns tool.
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Volatility
WAB vs. ERIE - Volatility Comparison
The current volatility for Westinghouse Air Brake Technologies Corporation (WAB) is 8.17%, while Erie Indemnity Company (ERIE) has a volatility of 15.36%. This indicates that WAB experiences smaller price fluctuations and is considered to be less risky than ERIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
WAB vs. ERIE - Financials Comparison
This section allows you to compare key financial metrics between Westinghouse Air Brake Technologies Corporation and Erie Indemnity Company. 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. ERIE - Profitability Comparison
WAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Westinghouse Air Brake Technologies Corporation reported a gross profit of 900.00M and revenue of 2.61B. Therefore, the gross margin over that period was 34.5%.
ERIE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported a gross profit of 989.40M and revenue of 989.40M. Therefore, the gross margin over that period was 100.0%.
WAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Westinghouse Air Brake Technologies Corporation reported an operating income of 474.00M and revenue of 2.61B, resulting in an operating margin of 18.2%.
ERIE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported an operating income of 151.38M and revenue of 989.40M, resulting in an operating margin of 15.3%.
WAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Westinghouse Air Brake Technologies Corporation reported a net income of 322.00M and revenue of 2.61B, resulting in a net margin of 12.3%.
ERIE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported a net income of 138.42M and revenue of 989.40M, resulting in a net margin of 14.0%.