WAT vs. WAB
Compare and contrast key facts about Waters Corporation (WAT) and Westinghouse Air Brake Technologies Corporation (WAB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAT or WAB.
Correlation
The correlation between WAT and WAB is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WAT vs. WAB - Performance Comparison
Loading data...
Key characteristics
WAT:
0.12
WAB:
0.71
WAT:
0.86
WAB:
1.17
WAT:
1.10
WAB:
1.18
WAT:
0.40
WAB:
0.93
WAT:
1.18
WAB:
2.81
WAT:
11.17%
WAB:
7.83%
WAT:
37.89%
WAB:
28.21%
WAT:
-80.12%
WAB:
-71.84%
WAT:
-13.66%
WAB:
-4.10%
Fundamentals
WAT:
$20.47B
WAB:
$32.96B
WAT:
$11.01
WAB:
$6.39
WAT:
31.25
WAB:
30.14
WAT:
2.28
WAB:
3.92
WAT:
6.86
WAB:
3.14
WAT:
10.48
WAB:
3.13
WAT:
$2.98B
WAB:
$10.50B
WAT:
$1.85B
WAB:
$3.31B
WAT:
$995.26M
WAB:
$2.02B
Returns By Period
In the year-to-date period, WAT achieves a -1.16% return, which is significantly lower than WAB's 6.15% return. Over the past 10 years, WAT has outperformed WAB with an annualized return of 10.91%, while WAB has yielded a comparatively lower 7.79% annualized return.
WAT
-1.16%
12.75%
-3.70%
4.43%
15.51%
10.91%
WAB
6.15%
17.02%
0.14%
19.97%
32.54%
7.79%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WAT vs. WAB — Risk-Adjusted Performance Rank
WAT
WAB
WAT vs. WAB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waters Corporation (WAT) 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.
Loading data...
Dividends
WAT vs. WAB - Dividend Comparison
WAT has not paid dividends to shareholders, while WAB's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAT Waters Corporation | 0.00% | 0.00% | 0.00% | 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% | 0.42% | 0.54% | 0.60% | 0.52% | 0.66% | 0.62% | 0.68% | 0.54% | 0.43% | 0.39% | 0.23% |
Drawdowns
WAT vs. WAB - Drawdown Comparison
The maximum WAT drawdown since its inception was -80.12%, which is greater than WAB's maximum drawdown of -71.84%. Use the drawdown chart below to compare losses from any high point for WAT and WAB. For additional features, visit the drawdowns tool.
Loading data...
Volatility
WAT vs. WAB - Volatility Comparison
Waters Corporation (WAT) has a higher volatility of 11.04% compared to Westinghouse Air Brake Technologies Corporation (WAB) at 8.64%. This indicates that WAT'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.
Loading data...
Financials
WAT vs. WAB - Financials Comparison
This section allows you to compare key financial metrics between Waters Corporation 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
WAT vs. WAB - Profitability Comparison
WAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Waters Corporation reported a gross profit of 493.15M and revenue of 661.71M. Therefore, the gross margin over that period was 74.5%.
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%.
WAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Waters Corporation reported an operating income of 151.75M and revenue of 661.71M, resulting in an operating margin of 22.9%.
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%.
WAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Waters Corporation reported a net income of 121.38M and revenue of 661.71M, resulting in a net margin of 18.3%.
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%.