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Wabash National Corporation(WNC)Earnings, Financials & Key Ratios
WNC•NYSE
2.2× P/E·Price updated Jun 19, 2026
SectorIndustrialsIndustryAgricultural MachinerySub-IndustrySpecialty Vehicles and Other/Misclassified
AboutWabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment provides dry van and platform trailers; refrigerated trailers; converter dollies; van bodies for dry-freight transportation; cutaway van bodies for commercial applications; service bodies; insulated van bodies; stake bodies; refrigerated truck bodies; and used trailers, as well as laminated hardwood oak flooring products. This segment also offers stainless steel and aluminum tank trailers for the dairy, food and beverage, oil, gas, and chemical end markets; dry bulk trailers; and fiberglass reinforced poly tank trailers. The Parts & Services segment provides aftermarket parts and services; aluminum and steel flatbed bodies, shelving for package delivery, partitions, roof racks, hitches, liftgates, and thermal solutions; and door repair and replacement, collision repair, and basic maintenance services. This segment also offers stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech end markets; and composite products, including truck bodies, overhead doors, and other industrial application products. The company offers its products under the Wabash, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, as well as EcoNex brand. It distributes its products directly, as well as through its retail operations and independent dealers to truckload common carriers, leasing companies, private fleet carriers, less-than-truckload common carriers, and package carriers. The company was founded in 1985 and is headquartered in Lafayette, Indiana.Show more
- Revenue$1.54B-20.8%
- EBITDA$380M+227.0%
- Net Income$211M+174.4%
- EPS (Diluted)5.07+179.2%
- Gross Margin3.81%-72.0%
- EBITDA Margin24.62%+260.2%
- Operating Margin20.81%+213.8%
- Net Margin13.71%+193.9%
- ROE75.74%+198.6%
WNC Key Insights
Wabash National Corporation (WNC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Good 3Y average ROE of 15.9%
- ✓Healthy dividend yield of 2.9%
- ✓Share count reduced 5.9% through buybacks
- ✓Trading at only 1.3x book value
- ✓Efficient asset utilization: 1.3x turnover
✗Weaknesses
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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WNC Price & Volume
Wabash National Corporation (WNC) stock price & volume — 10-year historical chart
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WNC Growth Metrics
Wabash National Corporation (WNC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-2.7%
5 Years0.81%
3 Years-14.89%
TTM-19.16%
Profit CAGR
10 Years7.32%
5 Years-
3 Years23.5%
TTM9.37%
EPS CAGR
10 Years12.95%
5 Years-
3 Years31.1%
TTM-2.97%
Return on Capital
10 Years11.35%
5 Years11.14%
3 Years10.76%
Last Year32.56%
WNC Recent Earnings
Wabash National Corporation (WNC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 1, 2026Metric
Actual
Est
EPS
$1.17-15.8%
$1.01
Rev
$303M-5.0%
$319M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$0.93-20.8%
$0.77
Rev
$321M+1.0%
$318M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$0.51-113.3%
$0.24
Rev
$382M-2.3%
$391M
Q3 2025
Jul 25, 2025Metric
Actual
Est
EPS
$0.15+51.6%
$0.31
Rev
$459M+0.6%
$456M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 1, 2026 | $1.17vs $1.01-15.8% | $303Mvs $319M-5.0% |
| Q1 2026 | Feb 4, 2026 | $0.93vs $0.77-20.8% | $321Mvs $318M+1.0% |
| Q4 2025 | Oct 30, 2025 | $0.51vs $0.24-113.3% | $382Mvs $391M-2.3% |
| Q3 2025 | Jul 25, 2025 | $0.15vs $0.31+51.6% | $459Mvs $456M+0.6% |
Based on last 12 quarters of dataView full earnings history →
WNC Peer Comparison
Wabash National Corporation (WNC) competitors in Specialty Vehicles and Other/Misclassified — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 WLFC | 1.57B | 206.43 | 13.41 | 18.73% | 15.79% | 17.13% | 3.74 | |
 GNSS | 74.23M | 1.63 | -4.08 | 69.76% | -13.44% | -314.53% | 9.85 | |
 THR | 2.01B | 61.16 | 45.64 | 7.64% | 8.31% | 8.48% | 0.29 | |
 ELME | 178.6M | 2.01 | -1.15 | -100% | -18.93% | 2.18 | ||
 HYLN | 1.44B | 8.10 | -24.55 | 130.28% | -8.88% | -26.05% | 0.02 | |
 PCAR | 62.6B | 118.95 | 26.37 | -15.5% | 9.09% | 17.2% | ||
 CMC | 8.03B | 72.36 | 97.78 | -1.61% | 5.46% | 10.15% | 0.32 | |
 ATRO | 2.89B | 80.56 | 99.46 | 8.39% | 5.12% | 26.6% | 2.70 |
Compare WNC vs Peers
Wabash National Corporation (WNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WNC Income Statement
Wabash National Corporation (WNC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 1.77B | 2.27B | 2.32B | 1.48B | 1.8B | 2.5B | 2.54B | 1.95B | 1.54B | 1.47B |
Revenue Growth % | -4.24% | 28.3% | 2.29% | -36.1% | 21.69% | 38.76% | 1.37% | -23.25% | -20.75% | -19.16% |
Cost of Goods Sold | 1.51B | 1.98B | 2.01B | 1.32B | 1.61B | 2.18B | 2.04B | 1.68B | 1.48B | 1.12B |
COGS % of Revenue | 85.24% | 87.49% | 86.79% | 89.22% | 89.1% | 87.1% | 80.36% | 86.38% | 96.19% | - |
Gross Profit | 260.88M▲ 0% | 283.65M▲ 8.7% | 306.38M▲ 8.0% | 159.75M▼ 47.9% | 196.47M▲ 23.0% | 322.69M▲ 64.2% | 498.19M▲ 54.4% | 265.07M▼ 46.8% | 58.73M▼ 77.8% | 29.15M▲ 0% |
Gross Margin % | 14.76% | 12.51% | 13.21% | 10.78% | 10.9% | 12.9% | 19.64% | 13.62% | 3.81% | 1.99% |
Gross Profit Growth % | -19.86% | 8.73% | 8.01% | -47.86% | 22.98% | 64.25% | 54.39% | -46.79% | -77.84% | - |
Operating Expenses | 120.45M | 147.63M | 163.6M | 245.36M | 162.93M | 155.36M | 186.24M | 621.18M | -262.33M | 73.03M |
OpEx % of Revenue | 6.82% | 6.51% | 7.05% | 16.56% | 9.04% | 6.21% | 7.34% | 31.91% | -17% | - |
Selling, General & Admin | 103.41M | 128.16M | 143.13M | 117.82M | 112.5M | 140.15M | 173.19M | 608.72M | 311.22M | 75.79M |
SG&A % of Revenue | 5.85% | 5.65% | 6.17% | 7.95% | 6.24% | 5.6% | 6.83% | 31.27% | 20.17% | - |
Research & Development | 3.9M | 8.8M | 19.5M | 21.9M | 13.6M | 5.3M | 0 | 0 | 0 | 0 |
R&D % of Revenue | 0.22% | 0.39% | 0.84% | 1.48% | 0.75% | 0.21% | - | - | - | - |
Other Operating Expenses | 8.12M | 13.78M | 971K | 105.64M | 36.83M | 9.91M | 13.05M | 12.46M | -573.55M | 1000K |
Operating Income | 130.82M▲ 0% | 110.99M▼ 15.2% | 142.79M▲ 28.7% | -85.61M▼ 160.0% | 33.54M▲ 139.2% | 166.64M▲ 396.8% | 311.95M▲ 87.2% | -356.1M▼ 214.2% | 321.06M▲ 190.2% | -45.85M▲ 0% |
Operating Margin % | 7.4% | 4.9% | 6.16% | -5.78% | 1.86% | 6.66% | 12.3% | -18.29% | 20.81% | -3.13% |
Operating Income Growth % | -35.41% | -15.16% | 28.65% | -159.96% | 139.18% | 396.82% | 87.2% | -214.15% | 190.16% | - |
EBITDA | 165.87M | 151.67M | 185.19M | -37.64M | 82.38M | 213.61M | 357.27M | -299.12M | 379.79M | -2.15M |
EBITDA Margin % | 9.39% | 6.69% | 7.99% | -2.54% | 4.57% | 8.54% | 14.09% | -15.37% | 24.62% | -0.15% |
EBITDA Growth % | -30.69% | -8.56% | 22.1% | -120.32% | 318.89% | 159.29% | 67.25% | -183.72% | 226.97% | 93.4% |
D&A (Non-Cash Add-back) | 35.05M | 40.68M | 42.4M | 47.97M | 48.84M | 46.97M | 45.32M | 56.98M | 58.73M | 43.7M |
EBIT | 138.94M | 124.76M | 142.79M | -85.02M | 24.42M | 167.28M | 314.54M | -356.76M | 304.48M | -9.84M |
Net Interest Income | -16.4M | -28.76M | -27.34M | -24.19M | -23.13M | -20.52M | -19.85M | -19.84M | -21.32M | -16.29M |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 16.4M | 28.76M | 27.34M | 24.19M | 23.13M | 20.52M | 19.85M | 19.84M | 21.32M | 10.1M |
Other Income/Expense | -8.28M | -14.98M | -25.05M | -23.61M | -32.25M | -20.21M | -17.26M | -20.49M | -37.9M | -38.54M |
Pretax Income | 122.54M▲ 0% | 96M▼ 21.7% | 117.73M▲ 22.6% | -109.21M▼ 192.8% | 1.29M▲ 101.2% | 146.44M▲ 11251.6% | 294.69M▲ 101.2% | -376.6M▼ 227.8% | 283.16M▲ 175.2% | -84.39M▲ 0% |
Pretax Margin % | 6.93% | 4.23% | 5.08% | -7.37% | 0.07% | 5.85% | 11.62% | -19.35% | 18.35% | -5.76% |
Income Tax | 11.12M | 26.58M | 28.16M | -11.8M | 126K | 33.66M | 62.83M | -93.52M | 71.52M | -19.6M |
Effective Tax Rate % | 9.07% | 27.69% | 23.92% | 10.81% | 9.77% | 22.99% | 21.32% | 24.83% | 25.26% | 23.22% |
Net Income | 111.42M▲ 0% | 69.42M▼ 37.7% | 89.58M▲ 29.0% | -97.41M▼ 208.7% | 1.16M▲ 101.2% | 112.26M▲ 9544.2% | 231.25M▲ 106.0% | -284.07M▼ 222.8% | 211.45M▲ 174.4% | -64.61M▲ 0% |
Net Margin % | 6.31% | 3.06% | 3.86% | -6.57% | 0.06% | 4.49% | 9.12% | -14.59% | 13.71% | -4.41% |
Net Income Growth % | -6.71% | -37.7% | 29.03% | -208.75% | 101.19% | 9544.16% | 106% | -222.84% | 174.44% | 9.37% |
Net Income (Continuing) | 111.42M | 69.42M | 89.58M | -97.41M | 1.16M | 112.77M | 231.85M | -283.07M | 211.64M | -64.73M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 512K | 603K | 996K | 1.18M | 1.12M |
EPS (Diluted) | 1.78▲ 0% | 1.19▼ 33.1% | 1.62▲ 36.1% | -1.84▼ 213.6% | 0.02▲ 101.2% | 2.25▲ 9855.8% | 4.81▲ 113.8% | -6.40▼ 233.1% | 5.07▲ 179.2% | -1.59▲ 0% |
EPS Growth % | -2.2% | -33.15% | 36.13% | -213.58% | 101.23% | 9855.75% | 113.78% | -233.06% | 179.22% | -2.97% |
EPS (Basic) | 1.88 | 1.22 | 1.64 | -1.84 | 0.02 | 2.31 | 4.92 | -6.40 | 5.09 | - |
Diluted Shares Outstanding | 62.6M | 58.43M | 55.29M | 52.95M | 51.61M | 49.88M | 48.03M | 44.36M | 41.75M | 40.74M |
Basic Shares Outstanding | 59.36M | 57M | 54.7M | 52.95M | 50.68M | 48.63M | 47.01M | 44.36M | 41.51M | 40.74M |
Dividend Payout Ratio | 13.74% | 25.59% | 19.87% | - | 1411.94% | 14.27% | 6.86% | - | 6.52% | - |
WNC Balance Sheet
Wabash National Corporation (WNC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 576.39M | 549.42M | 541.39M | 545.76M | 529.71M | 592.62M | 681.35M | 594.49M | 419.09M | 469.25M |
Cash & Short-Term Investments | 191.52M | 132.69M | 140.52M | 217.68M | 71.78M | 58.24M | 179.27M | 115.48M | 31.92M | 43.43M |
Cash Only | 191.52M | 132.69M | 140.52M | 217.68M | 71.78M | 58.24M | 179.27M | 115.48M | 31.92M | 43.43M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 146.84M | 181.06M | 172.74M | 119.37M | 186.9M | 257.94M | 194.83M | 154.22M | 119.87M | 159.19M |
Days Sales Outstanding | 30.33 | 29.15 | 27.19 | 29.4 | 37.83 | 37.63 | 28.04 | 28.91 | 28.36 | 40.59 |
Inventory | 180.74M | 184.4M | 186.91M | 163.75M | 237.62M | 243.87M | 267.63M | 258.82M | 181.15M | 198.29M |
Days Inventory Outstanding | 43.8 | 33.93 | 33.9 | 45.21 | 53.98 | 40.84 | 47.93 | 56.18 | 44.55 | 69.23 |
Other Current Assets | 50.44M | 47.95M | 38.01M | 44.96M | 33.41M | 28.62M | 33.72M | 3.26M | 86.14M | 68.35M |
Total Non-Current Assets | 775.12M | 754.97M | 763.2M | 634.17M | 598.04M | 610.9M | 681.46M | 817.04M | 752.15M | 759.88M |
Property, Plant & Equipment | 195.36M | 206.99M | 221.35M | 220.52M | 243.8M | 271.12M | 325.44M | 339.25M | 300.48M | 292.39M |
Fixed Asset Turnover | 9.05x | 10.95x | 10.48x | 6.72x | 7.40x | 9.23x | 7.79x | 5.74x | 5.13x | 4.72x |
Goodwill | 317.46M | 311.08M | 311.03M | 199.56M | 188.44M | 188.43M | 188.41M | 188.44M | 191.22M | 213.34M |
Intangible Assets | 237.03M | 210.33M | 189.9M | 172.99M | 118.64M | 99.23M | 94.42M | 74.44M | 63.56M | 60.89M |
Long-Term Investments | -36.95M | -34.91M | -37.58M | 0 | 0 | -36.03M | 1.65M | 7.25M | 7.25M | 21.75M |
Other Non-Current Assets | 25.27M | 26.57M | 40.93M | 22.64M | 26.48M | 60.4M | 31.32M | 112.78M | 180.6M | 171.31M |
Total Assets | 1.35B▲ 0% | 1.3B▼ 3.5% | 1.3B▲ 0.0% | 1.18B▼ 9.6% | 1.13B▼ 4.4% | 1.2B▲ 6.7% | 1.36B▲ 13.2% | 1.41B▲ 3.6% | 1.17B▼ 17.0% | 1.23B▲ 0% |
Asset Turnover | 1.31x | 1.74x | 1.78x | 1.26x | 1.60x | 2.08x | 1.86x | 1.38x | 1.32x | 1.14x |
Asset Growth % | 50.38% | -3.49% | 0.02% | -9.56% | -4.42% | 6.72% | 13.24% | 3.57% | -17.02% | -34.68% |
Total Current Liabilities | 283.67M | 271.68M | 259.38M | 235.75M | 289.32M | 347.47M | 352.21M | 308.41M | 302.36M | 352.75M |
Accounts Payable | 108.45M | 153.11M | 134.82M | 104.42M | 173.95M | 189.14M | 156.61M | 146.74M | 145.8M | 212.51M |
Days Payables Outstanding | 26.28 | 28.17 | 24.45 | 28.83 | 39.51 | 31.68 | 28.04 | 31.85 | 35.86 | 58.51 |
Short-Term Debt | 46.31M | 2.18M | 0 | 4.46M | 3.57M | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue (Current) | 26.06M | 23.48M | 19.32M | 0 | 0 | 32.13M | 0 | 0 | 0 | 67.06M |
Other Current Liabilities | 73.45M | 75.36M | 35.61M | 105.91M | 87.7M | 29.22M | 146.29M | 149.89M | 156.56M | 352.75M |
Current Ratio | 2.03x | 2.02x | 2.09x | 2.31x | 1.83x | 1.71x | 1.93x | 1.93x | 1.39x | 1.33x |
Quick Ratio | 1.39x | 1.34x | 1.37x | 1.62x | 1.01x | 1.00x | 1.17x | 1.09x | 0.79x | 0.77x |
Cash Conversion Cycle | 47.84 | 34.91 | 36.63 | 45.78 | 52.29 | 46.79 | 47.92 | 53.24 | 37.06 | 51.32 |
Total Non-Current Liabilities | 561.78M | 558.87M | 524.23M | 539.3M | 512.88M | 457.93M | 460.51M | 913.29M | 500.34M | 554.64M |
Long-Term Debt | 504.09M | 503.02M | 455.39M | 447.98M | 428.31M | 395.82M | 396.46M | 397.14M | 442.85M | 498.04M |
Capital Lease Obligations | 1.01M | 714K | 10.42M | 7M | 7.87M | 16.88M | 23.17M | 24.64M | 0 | 0 |
Deferred Tax Liabilities | 36.95M | 34.91M | 37.58M | 65.24M | 56.69M | 27.76M | 0 | 0 | 0 | 12K |
Other Non-Current Liabilities | 19.72M | 20.23M | 20.84M | 19.08M | 20M | 17.47M | 40.87M | 491.51M | 57.49M | 56.6M |
Total Liabilities | 845.45M | 830.54M | 783.6M | 775.05M | 802.21M | 805.4M | 812.72M | 1.22B | 802.7M | 907.39M |
Total Debt | 551.41M | 505.91M | 470.5M | 459.44M | 439.75M | 418.82M | 428.68M | 433.56M | 442.85M | 498.04M |
Net Debt | 359.89M | 373.22M | 329.99M | 241.76M | 367.98M | 360.58M | 249.41M | 318.08M | 410.93M | 454.61M |
Debt / Equity | 1.09x | 1.07x | 0.90x | 1.13x | 1.35x | 1.05x | 0.78x | 2.28x | 1.20x | 1.55x |
Debt / EBITDA | 3.32x | 3.34x | 2.54x | - | 5.34x | 1.96x | 1.20x | - | 1.17x | -231.75x |
Net Debt / EBITDA | 2.17x | 2.46x | 1.78x | - | 4.47x | 1.69x | 0.70x | - | 1.08x | -211.54x |
Interest Coverage | 8.47x | 4.34x | 5.22x | -3.51x | 1.06x | 8.15x | 15.84x | -17.98x | 14.28x | -0.97x |
Total Equity | 506.06M▲ 0% | 473.85M▼ 6.4% | 520.99M▲ 9.9% | 404.88M▼ 22.3% | 325.54M▼ 19.6% | 398.13M▲ 22.3% | 550.1M▲ 38.2% | 189.83M▼ 65.5% | 368.54M▲ 94.1% | 321.73M▲ 0% |
Equity Growth % | 7.13% | -6.37% | 9.95% | -22.29% | -19.6% | 22.3% | 38.17% | -65.49% | 94.15% | 152.51% |
Book Value per Share | 8.08 | 8.11 | 9.42 | 7.65 | 6.31 | 7.98 | 11.45 | 4.28 | 8.83 | 7.90 |
Total Shareholders' Equity | 506.06M | 473.85M | 520.99M | 404.88M | 325.54M | 397.61M | 549.5M | 188.83M | 367.36M | 320.61M |
Common Stock | 737K | 744K | 750K | 755K | 759K | 766K | 774K | 781K | 787K | 789K |
Retained Earnings | 98.73M | 150.24M | 221.84M | 107.23M | 92.11M | 188.24M | 403.92M | 105.63M | 303.62M | 255.11M |
Treasury Stock | -244.45M | -302.83M | -336.54M | -355.44M | -422.17M | -456.45M | -532.66M | -603.57M | -637.34M | 0 |
Accumulated OCI | -2.38M | -3.34M | -3.98M | 7.63M | 859K | -882K | -428K | -3.23M | -398K | 255K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 512K | 603K | 996K | 1.18M | 1.12M |
WNC Cash Flow Statement
Wabash National Corporation (WNC) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 144.38M | 112.47M | 146.28M | 124.13M | -7.47M | 124.08M | 319.61M | 117.27M | 11.67M | -21.71M |
Operating CF Margin % | 8.17% | 4.96% | 6.31% | 8.38% | -0.41% | 4.96% | 12.6% | 6.02% | 0.76% | - |
Operating CF Growth % | -19.23% | -22.1% | 30.06% | -15.14% | -106.02% | 1761.1% | 157.57% | -63.31% | -90.05% | -12587.53% |
Net Income | 111.42M | 69.42M | 89.58M | -97.41M | 1.16M | 112.77M | 231.25M | -284.07M | 211.64M | -64.61M |
Depreciation & Amortization | 35.05M | 40.68M | 42.36M | 47.97M | 48.84M | 46.97M | 45.32M | 56.98M | 58.73M | 58.73M |
Stock-Based Compensation | 10.43M | 10.17M | 9.04M | 4.51M | 7.06M | 9.75M | 11.8M | 0 | 11.48M | 8.82M |
Deferred Taxes | -14.81M | -1.98M | 3.42M | 5.02M | -8.15M | -7.61M | -13.46M | -111.68M | 85.83M | -13.53M |
Other Non-Cash Items | -13.52M | 15.23M | 705K | 102.66M | 38.16M | 374K | 824K | 19.86M | 21.45M | 28.07M |
Working Capital Changes | 15.81M | -21.05M | 1.19M | 61.39M | -94.54M | -38.16M | 43.87M | 436.18M | -377.46M | -39.13M |
Change in Receivables | 31.94M | -39.54M | 8.33M | 71.44M | -80.88M | -79.07M | 72.59M | 39.04M | 24.07M | 13.1M |
Change in Inventory | -13.16M | -18.71M | -2.51M | 21.1M | -74.8M | -6.25M | -23.77M | 8.81M | 77.67M | 80.36M |
Change in Payables | -963K | 37.2M | 0 | 0 | 54.86M | 46.09M | 5.78M | -68.69M | -7M | -16.02M |
Cash from Investing | -332.24M | -13.17M | -36.86M | -3.02M | -27.08M | -55.3M | -106.04M | -94.79M | -92.68M | -63.19M |
Capital Expenditures | -26.06M | -34.01M | -37.65M | -20.13M | -49.1M | -57.09M | -98.09M | -79.14M | 0 | -16.75M |
CapEx % of Revenue | 1.47% | 1.5% | 1.62% | 1.36% | 2.72% | 2.28% | 3.87% | 4.07% | 1.6% | 1.14% |
Acquisitions | -323.49M | 17.78M | 0 | 0 | 22.03M | 1.78K | -2.45M | 4.45M | -1.67M | -15.22M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 17.3M | 20.84M | 785K | 17.11M | 0 | 1.78M | -3.05M | 0 | -91.02M | -15.66M |
Cash from Financing | 215.91M | -158.13M | -101.6M | -43.96M | -111.35M | -82.31M | -92.54M | -86.27M | -2.54M | 47.29M |
Debt Issued (Net) | 306.71M | -82.46M | -50.78M | -8.22M | -21.12M | -33.09M | -117K | -5K | 45M | 25M |
Equity Issued (Net) | -74.49M | -58.38M | -33.71M | -18.89M | -66.73M | -34.28M | -76.21M | -70.88M | -33.76M | -17.27M |
Dividends Paid | -15.31M | -17.77M | -17.8M | -17.32M | -16.43M | -16.02M | -15.86M | -14.78M | -13.78M | -13.39M |
Share Repurchases | -74.49M | -58.38M | -33.71M | -18.89M | -66.73M | -34.28M | -76.21M | -70.91M | -33.77M | -17.27M |
Other Financing | -993K | 485K | 684K | 482K | -7.07M | 1.09M | -357K | -603K | 0 | 52.95M |
Net Change in Cash | 28.05M▲ 0% | -58.83M▼ 309.7% | 7.83M▲ 113.3% | 77.16M▲ 886.0% | -145.9M▼ 289.1% | -13.53M▲ 90.7% | 121.03M▲ 994.3% | -63.79M▼ 152.7% | -83.56M▼ 31.0% | -37.61M▲ 0% |
Free Cash Flow | 118.32M▲ 0% | 78.46M▼ 33.7% | 108.64M▲ 38.5% | 104M▼ 4.3% | -56.58M▼ 154.4% | 67M▲ 218.4% | 221.51M▲ 230.6% | 45.08M▼ 79.6% | -13.04M▼ 128.9% | -37.73M▲ 0% |
FCF Margin % | 6.7% | 3.46% | 4.68% | 7.02% | -3.14% | 2.68% | 8.73% | 2.32% | -0.85% | -2.58% |
FCF Growth % | -25.3% | -33.69% | 38.46% | -4.27% | -154.4% | 218.42% | 230.63% | -79.65% | -128.93% | -151.89% |
FCF per Share | 1.89 | 1.34 | 1.96 | 1.96 | -1.10 | 1.34 | 4.61 | 1.02 | -0.31 | -0.93 |
FCF Conversion (FCF/Net Income) | 1.30x | 1.62x | 1.63x | -1.27x | -6.42x | 1.11x | 1.38x | -0.41x | 0.06x | 0.58x |
Interest Paid | 9.48M | 27.39M | 26.23M | 23.41M | 22.04M | 20.13M | 0 | 0 | 0 | 787K |
Taxes Paid | 41.39M | 24.24M | 20.38M | 0 | 467K | 18.33M | 0 | 0 | 0 | 0 |
WNC Key Ratios
Wabash National Corporation (WNC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 22.78% | 14.17% | 18.01% | -21.04% | 0.32% | 31.02% | 48.78% | -76.78% | 75.74% | -17.27% |
Return on Invested Capital (ROIC) | 13.89% | 9.72% | 12.61% | -8.57% | 3.75% | 17.21% | 30.03% | -40.86% | 37.41% | -4.44% |
Gross Margin | 14.76% | 12.51% | 13.21% | 10.78% | 10.9% | 12.9% | 19.64% | 13.62% | 3.81% | 1.99% |
Net Margin | 6.31% | 3.06% | 3.86% | -6.57% | 0.06% | 4.49% | 9.12% | -14.59% | 13.71% | -4.41% |
Debt / Equity | 1.09x | 1.07x | 0.90x | 1.13x | 1.35x | 1.05x | 0.78x | 2.28x | 1.20x | 1.55x |
Interest Coverage | 8.47x | 4.34x | 5.22x | -3.51x | 1.06x | 8.15x | 15.84x | -17.98x | 14.28x | -0.97x |
FCF Conversion | 1.30x | 1.62x | 1.63x | -1.27x | -6.42x | 1.11x | 1.38x | -0.41x | 0.06x | 0.58x |
Revenue Growth | -4.24% | 28.3% | 2.29% | -36.1% | 21.69% | 38.76% | 1.37% | -23.25% | -20.75% | -19.16% |
Related:WNC Dividend History·WNC Revenue History·WNC Price History·WNC P/E History·WNC Financial Ratios·WNC Institutional Holders
WNC SEC Filings & Documents
Wabash National Corporation (WNC) SEC filings — annual & quarterly reports (10-K, 10-Q)
WNC Frequently Asked Questions
Wabash National Corporation (WNC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Wabash National Corporation (WNC) reported $1.47B in revenue for fiscal year 2025. This represents a 132% increase from $631.5M in 1996.
Wabash National Corporation (WNC) saw revenue decline by 20.8% over the past year.
Wabash National Corporation (WNC) reported a net loss of $64.6M for fiscal year 2025.
Dividend & Returns
Yes, Wabash National Corporation (WNC) pays a dividend with a yield of 2.91%. This makes it attractive for income-focused investors.
Wabash National Corporation (WNC) has a return on equity (ROE) of 75.7%. This is excellent, indicating efficient use of shareholder capital.
Wabash National Corporation (WNC) had negative free cash flow of $37.7M in fiscal year 2025, likely due to heavy capital investments.