Agricultural - Machinery
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WNC vs WLFC
Revenue, margins, valuation, and 5-year total return — side by side.
Rental & Leasing Services
WNC vs WLFC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Agricultural - Machinery | Rental & Leasing Services |
| Market Cap | $316M | $1.82B |
| Revenue (TTM) | $1.47B | $763M |
| Net Income (TTM) | $-65M | $121M |
| Gross Margin | 2.0% | 53.9% |
| Operating Margin | -3.1% | 20.4% |
| Forward P/E | 1.5x | 17.2x |
| Total Debt | $443M | $2.71B |
| Cash & Equiv. | $32M | $16M |
WNC vs WLFC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Wabash National Cor… (WNC) | 100 | 81.4 | -18.6% |
| Willis Lease Financ… (WLFC) | 100 | 1133.2 | +1033.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WNC vs WLFC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WNC is the clearest fit if your priority is income & stability.
- Dividend streak 0 yrs, beta 1.93, yield 4.2%
- Lower P/E (1.5x vs 17.2x)
- 4.2% yield, vs WLFC's 0.3%
WLFC carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 18.7%, EPS growth 0.3%, 3Y rev CAGR 29.4%
- 8.9% 10Y total return vs WNC's -22.3%
- Lower volatility, beta 1.66, current ratio 3.09x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 18.7% revenue growth vs WNC's -20.8% | |
| Value | Lower P/E (1.5x vs 17.2x) | |
| Quality / Margins | 15.8% margin vs WNC's -4.4% | |
| Stability / Safety | Beta 1.66 vs WNC's 1.93 | |
| Dividends | 4.2% yield, vs WLFC's 0.3% | |
| Momentum (1Y) | +79.1% vs WNC's -0.5% | |
| Efficiency (ROA) | 3.2% ROA vs WNC's -5.0%, ROIC 5.3% vs 37.4% |
WNC vs WLFC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WNC vs WLFC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
WLFC leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WNC is the larger business by revenue, generating $1.5B annually — 1.9x WLFC's $763M. WLFC is the more profitable business, keeping 15.8% of every revenue dollar as net income compared to WNC's -4.4%. On growth, WLFC holds the edge at +23.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.5B | $763M |
| EBITDAEarnings before interest/tax | -$2M | $273M |
| Net IncomeAfter-tax profit | -$65M | $121M |
| Free Cash FlowCash after capex | -$38M | -$277M |
| Gross MarginGross profit ÷ Revenue | +2.0% | +53.9% |
| Operating MarginEBIT ÷ Revenue | -3.1% | +20.4% |
| Net MarginNet income ÷ Revenue | -4.4% | +15.8% |
| FCF MarginFCF ÷ Revenue | -2.6% | -36.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | -20.4% | +23.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -120.7% | +57.9% |
Valuation Metrics
WNC leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
At 1.5x trailing earnings, WNC trades at a 90% valuation discount to WLFC's 15.5x P/E. On an enterprise value basis, WNC's 1.9x EV/EBITDA is more attractive than WLFC's 13.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $316M | $1.8B |
| Enterprise ValueMkt cap + debt − cash | $727M | $4.5B |
| Trailing P/EPrice ÷ TTM EPS | 1.53x | 15.52x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 17.24x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.22x |
| EV / EBITDAEnterprise value multiple | 1.91x | 13.69x |
| Price / SalesMarket cap ÷ Revenue | 0.20x | 2.69x |
| Price / BookPrice ÷ Book value/share | 0.88x | 2.31x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
WNC leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
WLFC delivers a 16.8% return on equity — every $100 of shareholder capital generates $17 in annual profit, vs $-17 for WNC. WNC carries lower financial leverage with a 1.20x debt-to-equity ratio, signaling a more conservative balance sheet compared to WLFC's 3.74x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -17.3% | +16.8% |
| ROA (TTM)Return on assets | -5.0% | +3.2% |
| ROICReturn on invested capital | +37.4% | +5.3% |
| ROCEReturn on capital employed | +32.6% | +6.2% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 4 |
| Debt / EquityFinancial leverage | 1.20x | 3.74x |
| Net DebtTotal debt minus cash | $411M | $2.7B |
| Cash & Equiv.Liquid assets | $32M | $16M |
| Total DebtShort + long-term debt | $443M | $2.7B |
| Interest CoverageEBIT ÷ Interest expense | -0.97x | 1.79x |
Total Returns (Dividends Reinvested)
WLFC leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WLFC five years ago would be worth $57,589 today (with dividends reinvested), compared to $5,206 for WNC. Over the past 12 months, WLFC leads with a +79.1% total return vs WNC's -0.5%. The 3-year compound annual growth rate (CAGR) favors WLFC at 67.6% vs WNC's -28.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -11.3% | +78.4% |
| 1-Year ReturnPast 12 months | -0.5% | +79.1% |
| 3-Year ReturnCumulative with dividends | -64.0% | +370.7% |
| 5-Year ReturnCumulative with dividends | -47.9% | +475.9% |
| 10-Year ReturnCumulative with dividends | -22.3% | +888.3% |
| CAGR (3Y)Annualised 3-year return | -28.9% | +67.6% |
Risk & Volatility
WLFC leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WLFC is the less volatile stock with a 1.66 beta — it tends to amplify market swings less than WNC's 1.93 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WLFC currently trades 99.8% from its 52-week high vs WNC's 60.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.93x | 1.66x |
| 52-Week HighHighest price in past year | $12.94 | $239.44 |
| 52-Week LowLowest price in past year | $7.10 | $114.01 |
| % of 52W HighCurrent price vs 52-week peak | +60.0% | +99.8% |
| RSI (14)Momentum oscillator 0–100 | 34.2 | 72.5 |
| Avg Volume (50D)Average daily shares traded | 594K | 74K |
Analyst Outlook
WNC leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates WNC as "Hold" and WLFC as "Buy". For income investors, WNC offers the higher dividend yield at 4.25% vs WLFC's 0.34%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $17.50 | — |
| # AnalystsCovering analysts | 18 | 1 |
| Dividend YieldAnnual dividend ÷ price | +4.2% | +0.3% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $0.33 | $0.81 |
| Buyback YieldShare repurchases ÷ mkt cap | +10.7% | +0.2% |
WLFC leads in 3 of 6 categories (Income & Cash Flow, Total Returns). WNC leads in 3 (Valuation Metrics, Profitability & Efficiency).
WNC vs WLFC: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is WNC or WLFC a better buy right now?
For growth investors, Willis Lease Finance Corporation (WLFC) is the stronger pick with 18.
7% revenue growth year-over-year, versus -20. 8% for Wabash National Corporation (WNC). Wabash National Corporation (WNC) offers the better valuation at 1. 5x trailing P/E, making it the more compelling value choice. Analysts rate Willis Lease Finance Corporation (WLFC) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — WNC or WLFC?
On trailing P/E, Wabash National Corporation (WNC) is the cheapest at 1.
5x versus Willis Lease Finance Corporation at 15. 5x.
03Which is the better long-term investment — WNC or WLFC?
Over the past 5 years, Willis Lease Finance Corporation (WLFC) delivered a total return of +475.
9%, compared to -47. 9% for Wabash National Corporation (WNC). Over 10 years, the gap is even starker: WLFC returned +888. 3% versus WNC's -22. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — WNC or WLFC?
By beta (market sensitivity over 5 years), Willis Lease Finance Corporation (WLFC) is the lower-risk stock at 1.
66β versus Wabash National Corporation's 1. 93β — meaning WNC is approximately 16% more volatile than WLFC relative to the S&P 500. On balance sheet safety, Wabash National Corporation (WNC) carries a lower debt/equity ratio of 120% versus 4% for Willis Lease Finance Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — WNC or WLFC?
By revenue growth (latest reported year), Willis Lease Finance Corporation (WLFC) is pulling ahead at 18.
7% versus -20. 8% for Wabash National Corporation (WNC). On earnings-per-share growth, the picture is similar: Wabash National Corporation grew EPS 179. 2% year-over-year, compared to 0. 3% for Willis Lease Finance Corporation. Over a 3-year CAGR, WLFC leads at 29. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — WNC or WLFC?
Willis Lease Finance Corporation (WLFC) is the more profitable company, earning 16.
8% net margin versus 13. 7% for Wabash National Corporation — meaning it keeps 16. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WLFC leads at 32. 3% versus 20. 8% for WNC. At the gross margin level — before operating expenses — WLFC leads at 65. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — WNC or WLFC?
All stocks in this comparison pay dividends.
Wabash National Corporation (WNC) offers the highest yield at 4. 2%, versus 0. 3% for Willis Lease Finance Corporation (WLFC).
08Is WNC or WLFC better for a retirement portfolio?
For long-horizon retirement investors, Willis Lease Finance Corporation (WLFC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+888.
3% 10Y return). Wabash National Corporation (WNC) carries a higher beta of 1. 93 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (WLFC: +888. 3%, WNC: -22. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between WNC and WLFC?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: WNC is a small-cap deep-value stock; WLFC is a small-cap high-growth stock. WNC pays a dividend while WLFC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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