Wabtec vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Wabtec Corporation (WAB) reported ~$10.3B revenue in FY2024. Leading maker of freight and transit rail equipment including locomotives, braking systems, and digital train management. HQ: Pittsburgh.
About
Wabtec Corporation is the world's leading supplier of equipment, systems, and services for the freight and transit rail industries. Formed through the 2019 combination of Westinghouse Air Brake Technologies and GE Transportation, Wabtec provides locomotives (under the Evolution Series and FLX brands), braking systems, positive train control (PTC) technology, coupler systems, digital fleet management software, and an extensive parts and services aftermarket. Virtually every major freight railroad in North America runs Wabtec-powered locomotives or relies on Wabtec braking and safety systems.
Boston industrial CAD/PLM software (NASDAQ: PTC); FY2025 8.5% ARR growth, Kepware/ThingWorx IoT divested to TPG (Nov 2025) under new CEO Neil Barua competing with Siemens Teamcenter for discrete manufacturer PLM.
About
PTC Inc. is a Boston, Massachusetts-based industrial software company — publicly traded on NASDAQ (NASDAQ: PTC) as an S&P 500 component — providing computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), service lifecycle management (SLM), and industrial IoT software to manufacturers across aerospace, defense, automotive, medical devices, and industrial machinery. In FY2025 (fiscal year ended September 30, 2025), PTC reported 8.5% ARR growth and 16% free cash flow growth, with Q4 FY2025 revenue up 39% in constant currency and 18% year-over-year. CEO Neil Barua took over from long-tenured CEO James Heppelmann in February 2024 and introduced the "Barua Blueprint" refocusing PTC on its core CAD/PLM/ALM/SLM strengths. In November 2025, PTC announced the divestiture of its industrial IoT assets — Kepware and ThingWorx — to TPG, sharpening its portfolio around design and lifecycle management software. PTC's product portfolio includes Creo (3D parametric CAD for mechanical engineers), Windchill (PLM for product data and process management), Onshape (cloud-native CAD platform), and Arena (cloud-native PLM/QMS).
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