WAB vs. PRMB
WAB (Westinghouse Air Brake Technologies Corporation) and PRMB (Primo Brands Corp) are both stocks. WAB operates in Railroads (Industrials), while PRMB operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past year, WAB returned 32.13% vs -16.72% for PRMB. At a 0.20 correlation, their price movements are largely independent.
Performance
WAB vs. PRMB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WAB achieves a 24.55% return, which is significantly lower than PRMB's 49.26% return.
WAB
- 1D
- 1.19%
- 1M
- 0.61%
- YTD
- 24.55%
- 6M
- 23.99%
- 1Y
- 32.13%
- 3Y*
- 38.16%
- 5Y*
- 27.30%
- 10Y*
- 14.26%
PRMB
- 1D
- 2.59%
- 1M
- 4.70%
- YTD
- 49.26%
- 6M
- 48.44%
- 1Y
- -16.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WAB vs. PRMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WAB Westinghouse Air Brake Technologies Corporation | 24.55% | 13.15% | -5.44% |
PRMB Primo Brands Corp | 49.26% | -45.95% | 23.47% |
Correlation
The correlation between WAB and PRMB is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024 | 0.20 |
Fundamentals
WAB:
$45.27B
PRMB:
$8.84B
WAB:
$7.07
PRMB:
$0.16
WAB:
37.48
PRMB:
153.41
WAB:
1.58
PRMB:
0.85
WAB:
3.94
PRMB:
1.35
WAB:
4.06
PRMB:
2.99
WAB:
$11.51B
PRMB:
$6.68B
WAB:
$3.89B
PRMB:
$1.95B
WAB:
$2.33B
PRMB:
$956.60M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WAB vs. PRMB — Risk / Return Rank
WAB
PRMB
WAB vs. PRMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westinghouse Air Brake Technologies Corporation (WAB) and Primo Brands Corp (PRMB). 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 | PRMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.98 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | -0.30 | +2.62 |
| Martin ratioReturn relative to average drawdown | 5.14 | -0.50 | +5.63 |
Loading charts...
Drawdowns
WAB vs. PRMB - Drawdown Comparison
The maximum WAB drawdown since its inception was -71.85%, which is greater than PRMB's maximum drawdown of -59.12%. Use the drawdown chart below to compare losses from any high point for WAB and PRMB.
Loading charts...
Drawdown Indicators
| WAB | PRMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.85% | -59.12% | -12.73% |
Max Drawdown (1Y)Largest decline over 1 year | -13.29% | -52.71% | +39.42% |
Max Drawdown (3Y)Largest decline over 3 years | -23.55% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.08% | — | — |
Current DrawdownCurrent decline from peak | -2.00% | -30.54% | +28.54% |
Average DrawdownAverage peak-to-trough decline | -23.96% | -25.98% | +2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.00% | 31.50% | -25.50% |
Volatility
WAB vs. PRMB - Volatility Comparison
The current volatility for Westinghouse Air Brake Technologies Corporation (WAB) is 8.05%, while Primo Brands Corp (PRMB) has a volatility of 9.62%. This indicates that WAB experiences smaller price fluctuations and is considered to be less risky than PRMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WAB | PRMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.05% | 9.62% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 18.21% | 30.06% | -11.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.10% | 47.82% | -23.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.89% | 42.56% | -16.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.35% | 42.56% | -11.21% |
Dividends
WAB vs. PRMB - Dividend Comparison
WAB's dividend yield for the trailing twelve months is around 0.42%, less than PRMB's 1.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRMB Primo Brands Corp | 1.82% | 2.45% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WAB Westinghouse Air Brake Technologies Corporation | 0.42% | 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. PRMB - Financials Comparison
This section allows you to compare key financial metrics between Westinghouse Air Brake Technologies Corporation and Primo Brands Corp. 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. PRMB - Profitability Comparison
WAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
PRMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Primo Brands Corp reported a gross profit of 464.90M and revenue of 1.63B. Therefore, the gross margin over that period was 28.6%.
WAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
PRMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Primo Brands Corp reported an operating income of 138.00M and revenue of 1.63B, resulting in an operating margin of 8.5%.
WAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
PRMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Primo Brands Corp reported a net income of 27.30M and revenue of 1.63B, resulting in a net margin of 1.7%.
Frequently Asked Questions
WAB and PRMB have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRMB has higher volatility (9.62%) compared to WAB (8.05%). In terms of maximum drawdown, WAB dropped -71.85% vs PRMB's -59.12%.
WAB currently has the higher Sharpe Ratio (1.28 vs -0.33), 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.
Find the right allocation for WAB and PRMB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer