NXT vs. WAB: Nextracker vs. Wabtec Stock Comparison
How do Nextracker (NXT) and Wabtec (WAB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Nextracker (NXT) and Wabtec (WAB) both fall under the Capital Goods industry group, but NXT is classified in Electrical Equipment while WAB is classified in Machinery.
Wabtec (WAB) has more than two decades of public-market history since June 16, 1995, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.
| Profile Item | NXT | WAB |
|---|---|---|
| Name | Nextpower Inc. Class A Common Stock | Wabtec Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Machinery |
| GICS Sub-Industry | Electrical Components & Equipment | Construction Machinery & Heavy Transportation Equipment |
| Market Capitalization | 16.00 billion USD | 47.59 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | February 9, 2023 | June 16, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NXT | WAB |
|---|---|---|
| Total Return (1Y) | 0.06% | 44.64% |
| Total Return (3Y, Annualized) | 45.51% | 39.37% |
| Total Return (5Y, Annualized) | -- | 25.90% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NXT | WAB |
|---|---|---|
| Volatility (1Y, Annualized) | 68.10% | 27.53% |
| Beta (5Y) | 1.66 | 0.91 |
| Max Drawdown (5Y) | -51.10% | -23.55% |
| Avg. Volume (3M) | 2.38M | 890.96K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NXT | WAB |
|---|---|---|
| Sharpe Ratio (1Y) | -0.06 | 1.47 |
| Sortino Ratio (1Y) | -0.09 | 2.34 |
Profitability
ROE (TTM)
Nextracker (NXT) at 26.46% sits in the top ROE quartile, while Wabtec (WAB) at 12.24% is closer to the peer norm — stronger capital efficiency for NXT.
NXT
Capital Goods industry group
26.46%
- Max
- 40.55%
- NXT
- 26.46%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
WAB
Capital Goods industry group
12.24%
- Max
- 40.55%
- Q3
- 19.29%
- WAB
- 12.24%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Nextracker (NXT) at 15.98% retains a top-quartile share of revenue as profit, ahead of Wabtec (WAB) at 11.20%, which keeps about the industry-typical share.
NXT
Capital Goods industry group
15.98%
- Max
- 27.47%
- NXT
- 15.98%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
WAB
Capital Goods industry group
11.20%
- Max
- 27.47%
- Q3
- 12.10%
- WAB
- 11.20%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Nextracker (NXT) at 20.06% and Wabtec (WAB) at 20.22% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
NXT
Capital Goods industry group
20.06%
- Max
- 36.60%
- NXT
- 20.06%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
WAB
Capital Goods industry group
20.22%
- Max
- 36.60%
- WAB
- 20.22%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | NXT | WAB |
|---|---|---|
| ROE (TTM) | 26.46% | 12.24% |
| ROA (TTM) | 10.75% | 6.28% |
| Net Margin (TTM) | 15.98% | 11.20% |
| Operating Margin (TTM) | 20.06% | 20.22% |
| Gross Margin (TTM) | 21.84% | 36.17% |
Growth
Revenue Growth
Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while Wabtec (WAB) at 7.51% is closer to the peer norm — faster top-line expansion for NXT.
EPS Growth
Both Nextracker (NXT) at 10.66% and Wabtec (WAB) at 13.08% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | NXT | WAB |
|---|---|---|
| Revenue Growth (YoY) | 20.28% | 7.51% |
| Revenue Growth (3Y CAGR) | 23.23% | 10.12% |
| EPS Growth (YoY) | 10.66% | 13.08% |
| EPS Growth (3Y CAGR) | 476.90% | 25.44% |
Financial Strength
Current Ratio (MRQ)
Nextracker (NXT) at 2.23 keeps current ratio within its industry’s typical mid-range, while Wabtec (WAB) at 1.10 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WAB.
NXT
Capital Goods industry group
2.23
- Max
- 5.22
- Q3
- 2.95
- NXT
- 2.23
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
WAB
Capital Goods industry group
1.10
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- WAB
- 1.10
- Min
- 0.36
Debt / Equity (MRQ)
Nextracker (NXT) at 0.02 keeps leverage in the lower industry quartile, while Wabtec (WAB) at 0.60 runs a more typical debt-to-equity mix.
NXT
Capital Goods industry group
0.02
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- NXT
- 0.02
- Min
- 0.00
WAB
Capital Goods industry group
0.60
- Max
- 2.33
- Q3
- 1.12
- WAB
- 0.60
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | NXT | WAB |
|---|---|---|
| Current Ratio (MRQ) | 2.23 | 1.10 |
| Debt / Equity (MRQ) | 0.02 | 0.60 |
| Net Debt / EBITDA | -1.30 | 2.28 |
Dividends
Dividend Yield (TTM)
Nextracker (NXT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Wabtec (WAB) reports a yield of 0.42%, ranking against industry peers normally.
NXT
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- NXT
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WAB
Capital Goods industry group
0.42%
- Max
- 2.66%
- Q3
- 1.14%
- WAB
- 0.42%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nextracker (NXT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Wabtec (WAB) reports a payout of 14.66%, ranking against industry peers normally.
NXT
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- NXT
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WAB
Capital Goods industry group
14.66%
- Max
- 67.39%
- Q3
- 28.02%
- WAB
- 14.66%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | NXT | WAB |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.42% |
| Dividend Payout Ratio (TTM) | 0.00% | 14.66% |
Valuation
P/E Ratio (TTM)
Both Nextracker (NXT) at 26.42 and Wabtec (WAB) at 35.23 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
NXT
Capital Goods industry group
26.42
- Max
- 59.38
- Q3
- 35.92
- NXT
- 26.42
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
WAB
Capital Goods industry group
35.23
- Max
- 59.38
- Q3
- 35.92
- WAB
- 35.23
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both Nextracker (NXT) at 4.17 and Wabtec (WAB) at 3.90 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
NXT
Capital Goods industry group
4.17
- Max
- 7.54
- NXT
- 4.17
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
WAB
Capital Goods industry group
3.90
- Max
- 7.54
- WAB
- 3.90
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Wabtec (WAB) at 4.20 is valued about in line with its industry on P/B ratio, while Nextracker (NXT) at 5.98 carries an above-peer premium to book — NXT is pricier on assets.
NXT
Capital Goods industry group
5.98
- Max
- 9.66
- NXT
- 5.98
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
WAB
Capital Goods industry group
4.20
- Max
- 9.66
- Q3
- 5.00
- WAB
- 4.20
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | NXT | WAB |
|---|---|---|
| P/E Ratio (TTM) | 26.42 | 35.23 |
| P/S Ratio (TTM) | 4.17 | 3.90 |
| P/B Ratio (MRQ) | 5.98 | 4.20 |
| Free Cash Flow Yield (TTM) | 2.32% | 2.60% |