HEICO Corporation (HEI) vs Westinghouse Air Brake Technologies Corporation (WAB)
A side-by-side comparison of HEICO Corporation and Westinghouse Air Brake Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.
HEI
HEICO Corporation
$337.01IndustrialsDelayed quote: Aug 27, 2026, 4:00 PM EDT
WAB
Westinghouse Air Brake Technologies Corporation
$297.28IndustrialsDelayed quote: Aug 27, 2026, 4:02 PM EDT
Total return — HEI vs WAB
growth of $100 · dividends reinvested · last 10yHEI +830.1% (+25.0%/yr)WAB +309.1% (+15.1%/yr)HEI compounded faster over this window
HEI WAB
HEI vs WAB: by the numbers
- •WAB is the larger company ($50.21B vs $46.95B market cap).
- •WAB trades at the lower trailing earnings multiple (39.96 vs 56.17 P/E), one valuation lens rather than an overall verdict.
- •HEI converts more revenue to profit (16.38% vs 10.59% net margin).
- •HEI grew revenue faster over the past five years (23.77% vs 9.16% CAGR).
- •WAB pays the higher dividend yield (0.38% vs 0.07%).
Metrics side by side
Valuation
| Metric | HEI | WAB |
|---|---|---|
| P/E ratio | 56.17 | 39.96 |
| Forward P/E | 55.11 | 27.37 |
| P/S ratio | 9.20 | 4.22 |
| P/B ratio | 9.47 | 4.50 |
| EV / EBITDA | 34.13 | 22.85 |
| FCF yield | 2.16% | 3.66% |
Profitability
| Metric | HEI | WAB |
|---|---|---|
| Gross margin | 40.40% | 34.33% |
| Operating margin | 24.04% | 16.54% |
| Net margin | 16.38% | 10.59% |
| ROE | 16.87% | 11.29% |
| ROIC | 11.37% | 7.64% |
Dividends
| Metric | HEI | WAB |
|---|---|---|
| Dividend yield | 0.07% | 0.38% |
| Payout ratio | 5.03% | 16.33% |
Growth (annualized)
| Metric | HEI | WAB |
|---|---|---|
| Revenue CAGR (5Y) | 23.77% | 9.16% |
| EPS CAGR (5Y) | 16.36% | 25.77% |
| FCF CAGR (5Y) | 20.32% | 14.38% |
| Total return CAGR (5Y) | 21.51% | 27.67% |
Frequently asked
- Which has the lower trailing P/E, HEI or WAB?
- WAB has the lower trailing P/E: HEI trades at 56.17 and WAB at 39.96. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, HEI or WAB?
- Over the past five years, HEI grew revenue faster — HEI at a 23.77% CAGR versus WAB at 9.16%.
- Does HEI or WAB pay a bigger dividend?
- HEI yields 0.07% and WAB yields 0.38% based on trailing dividends and the latest price.
- Is HEI or WAB more profitable?
- HEI runs the higher net margin — HEI at 16.38% versus WAB at 10.59%.
- How have HEI and WAB total returns compared?
- Over the past 10 years, HEI delivered 25.45% and WAB delivered 15.37% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
HEICO P/E ratioWestinghouse Air Brake Technologies P/E ratioHEICO dividend yieldWestinghouse Air Brake Technologies dividend yieldHEICO ROEWestinghouse Air Brake Technologies ROEHEICO operating marginWestinghouse Air Brake Technologies operating marginHEICO revenue growthWestinghouse Air Brake Technologies revenue growthHEICO free cash flowWestinghouse Air Brake Technologies free cash flow
HEICO & Westinghouse Air Brake Technologies appear in these rankings
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 August 28, 2026.