Winmark Corporation (WINA) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Apparel - Footwear & Accessories
EV/EBITDA
↑
26.27
+9% vs avg
5yr avg: 24.14
30Y Low4.8·High48.1
P/FCF
↑
31.50
+9% vs avg
5yr avg: 28.82
30Y Low2.6·High84.3
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low3.2·High65.3
ROE
N/A
—
5yr avg: N/A
30Y Low-131%·High67%
Debt/EBITDA
↑
1.16
↓-5% vs avg
5yr avg: 1.22
30Y Low0.0·High14.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
WINA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Winmark Corporation trades at 34.8x earnings, 12% above its 5-year average of 31.1x, sitting at the 71st percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 20.8x, the stock trades at a premium of 67%. On a free-cash-flow basis, the stock trades at 31.5x P/FCF, 9% above the 5-year average of 28.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $1.5B | $1.5B | $1.5B | $847M | $946M | $718M | $813M | $660M | $562M | $546M |
| Enterprise Value | $1.5B | $1.6B | $1.5B | $1.6B | $911M | $987M | $740M | $823M | $692M | $630M | $590M |
| P/E Ratio → | 34.84 | 36.30 | 36.38 | 37.82 | 21.50 | 23.69 | 24.07 | 25.29 | 21.90 | 22.86 | 24.59 |
| P/S Ratio | 16.37 | 17.57 | 17.88 | 18.26 | 10.41 | 12.10 | 10.87 | 11.09 | 9.10 | 8.05 | 8.20 |
| P/B Ratio | — | — | — | — | — | — | — | 65.32 | — | — | — |
| P/FCF | 31.50 | 33.82 | 34.63 | 34.86 | 21.12 | 19.68 | 18.38 | 19.61 | 59.24 | — | — |
| P/OCF | 31.37 | 33.67 | 34.47 | 34.55 | 19.35 | 19.57 | 16.61 | 16.06 | 18.89 | 22.32 | 21.29 |
P/E links to full P/E history page with 30-year chart
WINA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Winmark Corporation's enterprise value stands at 26.3x EBITDA, 9% above its 5-year average of 24.1x. The Consumer Cyclical sector median is 12.1x, placing the stock at a 117% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 18.20 | 18.50 | 18.97 | 11.19 | 12.62 | 11.20 | 11.23 | 9.54 | 9.03 | 8.87 |
| EV / EBITDA | 26.27 | 28.12 | 27.83 | 29.07 | 16.72 | 18.98 | 18.02 | 18.76 | 16.44 | 16.09 | 15.25 |
| EV / EBIT | 26.79 | 28.18 | 27.81 | 29.01 | 17.00 | 19.23 | 18.40 | 19.08 | 16.57 | 16.23 | 15.45 |
| EV / FCF | — | 35.03 | 35.84 | 36.22 | 22.72 | 20.54 | 18.94 | 19.85 | 62.12 | — | — |
WINA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Winmark Corporation earns an operating margin of 63.4%, significantly above the Consumer Cyclical sector average of 2.0%. ROIC of 18361.2% represents excellent returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 96.4% | 96.4% | 95.8% | 94.2% | 94.2% | 93.9% | 92.8% | 93.9% | 93.6% | 91.8% | 93.4% |
| Operating Margin | 63.4% | 63.4% | 65.1% | 64.0% | 65.9% | 65.6% | 60.9% | 58.8% | 57.6% | 55.6% | 57.5% |
| Net Profit Margin | 48.4% | 48.4% | 49.2% | 48.3% | 48.4% | 51.0% | 45.1% | 43.9% | 41.5% | 35.2% | 33.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | 5576.5% | 841.6% | — | — | — |
| ROA | 161.0% | 161.0% | 143.2% | 135.2% | 137.5% | 137.1% | 64.0% | 59.3% | 63.4% | 50.7% | 46.3% |
| ROIC | 18361.2% | 18361.2% | 122903.9% | 3087.2% | 1891.1% | 605.7% | 182.4% | 130.5% | 96.8% | 79.0% | 81.1% |
| ROCE | 266.5% | 266.5% | 262.9% | 277.7% | 291.5% | 278.4% | 115.1% | 102.6% | 114.2% | 96.7% | 94.4% |
WINA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Winmark Corporation carries a Debt/EBITDA ratio of 1.2x, which is manageable (76% below the sector average of 4.8x). Net debt stands at $54M ($65M total debt minus $10M cash). Interest coverage of 22.7x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | 2.81 | — | — | — |
| Debt / EBITDA | 1.16 | 1.16 | 1.17 | 1.34 | 1.42 | 1.01 | 0.70 | 0.80 | 0.82 | 1.77 | 1.17 |
| Net Debt / Equity | — | — | — | — | — | — | — | 0.79 | — | — | — |
| Net Debt / EBITDA | 0.98 | 0.98 | 0.94 | 1.09 | 1.17 | 0.79 | 0.54 | 0.22 | 0.76 | 1.74 | 1.14 |
| Debt / FCF | — | 1.22 | 1.21 | 1.36 | 1.59 | 0.85 | 0.57 | 0.24 | 2.88 | — | — |
| Interest Coverage | 22.72 | 22.72 | 18.93 | 17.62 | 18.39 | 34.95 | 23.14 | 24.92 | 16.84 | 16.49 | 16.22 |
WINA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Winmark Corporation's current ratio of 2.49x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.60x to 2.49x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.49 | 2.49 | 3.02 | 1.60 | 1.71 | 1.75 | 1.61 | 3.45 | 1.94 | 2.26 | 3.10 |
| Quick Ratio | 2.42 | 2.42 | 2.94 | 1.56 | 1.64 | 1.71 | 1.60 | 3.45 | 1.93 | 2.25 | 3.09 |
| Cash Ratio | 1.85 | 1.85 | 2.40 | 1.28 | 1.32 | 1.43 | 0.59 | 2.11 | 1.69 | 1.74 | 2.51 |
| Asset Turnover | — | 3.46 | 3.03 | 2.87 | 2.67 | 2.91 | 2.11 | 1.19 | 1.55 | 1.44 | 1.37 |
| Inventory Turnover | 8.56 | 8.56 | 8.59 | 12.59 | 6.10 | 14.73 | 44.34 | 52.33 | 43.41 | 58.72 | 50.57 |
| Days Sales Outstanding | — | 8.26 | 6.43 | 6.61 | 8.95 | 8.26 | 57.96 | 74.53 | 104.03 | 100.95 | 110.53 |
WINA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Winmark Corporation returns 3.6% to shareholders annually — split between a 3.4% dividend yield and 0.2% buyback yield. The payout ratio exceeds 100% at 117.9%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 2.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.4% | 3.2% | 2.7% | 2.9% | 2.3% | 3.5% | 2.0% | 0.4% | 0.3% | 0.3% | 0.3% |
| Payout Ratio | 117.9% | 117.9% | 97.3% | 108.7% | 48.8% | 83.1% | 47.7% | 10.7% | 7.2% | 7.2% | 6.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.9% | 2.8% | 2.7% | 2.6% | 4.7% | 4.2% | 4.2% | 4.0% | 4.6% | 4.4% | 4.1% |
| FCF Yield | 3.2% | 3.0% | 2.9% | 2.9% | 4.7% | 5.1% | 5.4% | 5.1% | 1.7% | — | — |
| Buyback Yield | 0.2% | 0.2% | 0.0% | 0.0% | 5.8% | 4.7% | 6.8% | 3.0% | 0.3% | 8.9% | 0.3% |
| Total Shareholder Yield | 3.6% | 3.4% | 2.7% | 2.9% | 8.1% | 8.2% | 8.8% | 3.4% | 0.6% | 9.2% | 0.6% |
| Shares Outstanding | — | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M |
Peer Comparison
Compare WINA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 WINAYou | $1B | 34.8 | 26.3 | 31.5 | 96.4% | 63.4% | — | 18361.2% | 1.2 |
 MFH | $352M | -68.3 | — | — | -37.3% | -458.3% | -21.6% | -11.7% | — |
 UFPT | $2B | 26.6 | 16.7 | 22.8 | 28.3% | 15.3% | 17.8% | 12.7% | 1.3 |
 FCFS | $10B | 30.8 | 12.9 | 21.5 | 51.7% | 15.4% | 15.3% | 9.2% | 2.8 |
 EZPW | $2B | 22.2 | 11.8 | 16.8 | 58.5% | 11.7% | 12.0% | 7.1% | 4.2 |
 MCD | $192B | 22.6 | 16.9 | 26.7 | 57.4% | 46.1% | — | 18.7% | 3.8 |
 DPZ | $10B | 16.8 | 14.1 | 14.8 | 40.0% | 19.3% | — | 73.5% | 5.0 |
 FAT | $3M | -0.0 | — | — | 25.4% | -8.8% | — | -3.8% | — |
 RAVE | $47M | 17.5 | 11.9 | 14.2 | 71.8% | 27.1% | 20.1% | 21.6% | 0.2 |
 DENN | $322M | 15.2 | 12.1 | 350.6 | 73.4% | 10.0% | — | 9.7% | 6.8 |
 JACK | $218M | -2.7 | 81.7 | 2.9 | 28.7% | -1.2% | — | -0.6% | 77.6 |
| Consumer Cyclical Median | — | 20.8 | 12.1 | 15.5 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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WINA — Frequently Asked Questions
Quick answers to the most common questions about buying WINA stock.
What is Winmark Corporation's P/E ratio?
Winmark Corporation's current P/E ratio is 34.8x. The historical average is 28.7x. This places it at the 71th percentile of its historical range.
What is Winmark Corporation's EV/EBITDA?
Winmark Corporation's current EV/EBITDA is 26.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.0x.
Is WINA stock overvalued?
Based on historical data, Winmark Corporation is trading at a P/E of 34.8x. This is at the 71th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Winmark Corporation's dividend yield?
Winmark Corporation's current dividend yield is 3.39% with a payout ratio of 117.9%.
What are Winmark Corporation's profit margins?
Winmark Corporation has 96.4% gross margin and 63.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Winmark Corporation have?
Winmark Corporation's Debt/EBITDA ratio is 1.2x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.