• Wabtec average operating margin for 2024 was 14.94%, a 19.14% increase from 2023.
• Wabtec average operating margin for 2023 was 12.54%, a 2.87% increase from 2022.
• Wabtec average operating margin for 2022 was 12.19%, a 19.74% increase from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.