Westinghouse Air Brake Technologies' ROE and Earnings Growth: A Closer Look

Westinghouse Air Brake Technologies' (WAB) stock has increased 7.5% over the past three months, driven by the company's financial fundamentals. The return on equity (ROE) is 11%, calculated as net profit divided by shareholders' equity. While the ROE is similar to the industry average, the company's net income growth of 22% over the last five years suggests efficient management and high earnings retention. This growth rate is higher than the industry's 15% growth.