Which has the lower trailing P/E, FAST or WAB?

WAB has the lower trailing P/E: FAST trades at 40.37 and WAB at 29.70. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FAST or WAB?

Over the past five years, WAB grew revenue faster — FAST at a 8.96% CAGR versus WAB at 9.16%.

Does FAST or WAB pay a bigger dividend?

FAST yields 1.93% and WAB yields 0.37% based on trailing dividends and the latest price.

Is FAST or WAB more profitable?

FAST runs the higher net margin — FAST at 15.45% versus WAB at 10.60%.

How have FAST and WAB total returns compared?

Over the past 10 years, FAST delivered 19.42% and WAB delivered 16.59% annualized total return. Past performance doesn't predict future results.

Fastenal Company (FAST) vs Westinghouse Air Brake Technologies Corporation (WAB)

A side-by-side comparison of Fastenal Company and Westinghouse Air Brake Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

FAST

Fastenal Company

$55.19B

$48.10IndustrialsDelayed quote: Jul 28, 2026, 4:00 PM EDT

WAB

Westinghouse Air Brake Technologies Corporation

$51.65B

$305.79IndustrialsDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — FAST vs WAB

growth of $100 · dividends reinvested · last 30y

FAST +5993.6%WAB +6244.3%WAB compounded faster

FAST WAB

FAST vs WAB: by the numbers

•FAST is the larger company ($55.19B vs $51.65B market cap).
•WAB trades at the lower trailing earnings multiple (29.70 vs 40.37 P/E), one valuation lens rather than an overall verdict.
•FAST converts more revenue to profit (15.45% vs 10.60% net margin).
•WAB grew revenue faster over the past five years (9.16% vs 8.96% CAGR).
•FAST pays the higher dividend yield (1.93% vs 0.37%).

Metrics side by side

Valuation

Metric	FAST	WAB
P/E ratio	40.37	29.70
Forward P/E	37.73	27.79
P/S ratio	6.26	4.27
P/B ratio	13.47	4.55
PEG ratio	3.65	2.32
EV / EBITDA	28.83	24.45
FCF yield	1.88%	3.83%

Profitability

Metric	FAST	WAB
Gross margin	44.70%	34.33%
Operating margin	20.29%	16.54%
Net margin	15.45%	10.60%
ROE	33.23%	11.29%
ROIC	28.17%	7.64%

Dividends

Metric	FAST	WAB
Dividend yield	1.93%	0.37%
Payout ratio	83.64%	16.33%

Growth (annualized)

Metric	FAST	WAB
Revenue CAGR (5Y)	8.96%	9.16%
EPS CAGR (5Y)	7.96%	25.77%
FCF CAGR (5Y)	2.54%	15.68%
Total return CAGR (5Y)	15.08%	30.42%

Frequently asked

Which has the lower trailing P/E, FAST or WAB?: WAB has the lower trailing P/E: FAST trades at 40.37 and WAB at 29.70. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FAST or WAB?: Over the past five years, WAB grew revenue faster — FAST at a 8.96% CAGR versus WAB at 9.16%.
Does FAST or WAB pay a bigger dividend?: FAST yields 1.93% and WAB yields 0.37% based on trailing dividends and the latest price.
Is FAST or WAB more profitable?: FAST runs the higher net margin — FAST at 15.45% versus WAB at 10.60%.
How have FAST and WAB total returns compared?: Over the past 10 years, FAST delivered 19.42% and WAB delivered 16.59% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FAST analysis Full WAB analysis Interactive comparison tool

Dig into the metrics

Fastenal P/E ratio Westinghouse Air Brake Technologies P/E ratio Fastenal dividend yield Westinghouse Air Brake Technologies dividend yield Fastenal ROE Westinghouse Air Brake Technologies ROE Fastenal operating margin Westinghouse Air Brake Technologies operating margin Fastenal revenue growth Westinghouse Air Brake Technologies revenue growth Fastenal free cash flow Westinghouse Air Brake Technologies free cash flow

Fastenal & Westinghouse Air Brake Technologies appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.