WW International, Inc. (WW) 10-Year Financial Performance & Capital Metrics

WW • • Industrial / General

Consumer CyclicalPersonal ServicesHealth & Fitness ServicesWeight Management Programs

AboutWW International, Inc. provides weight management products and services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and Web-based products, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with other people on weight management and wellness journeys. In addition, it offers various consumer products, including bars, snacks, cookbooks, kitchen tools, and other products. Further, the company licenses its trademarks and other intellectual property in food, beverages, and other relevant consumer products and services, as well as provides publishing services. It offers products through e-commerce platforms and through partners. The company was formerly known as Weight Watchers International, Inc. and changed its name to WW International, Inc. in September 2019. WW International, Inc. was founded in 1961 and is headquartered in New York, New York.Show more

Revenue $786M -11.6%
EBITDA -$198M -365.3%
Net Income -$346M -208.0%
EPS (Diluted) -4.34 -197.3%
Gross Margin 67.83% +14.0%
EBITDA Margin -25.25% -400.3%
Operating Margin -30.06% -1297.2%
Net Margin -43.99% -248.6%
ROE -
ROIC -37.9% -1529.4%
Debt/Equity -
Interest Coverage -2.17 -1030.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 19 (bottom 19%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 11.1% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-6.13%

5Y-11.07%

3Y-13.43%

TTM-10.97%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM336.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM243.52%

ROCE

10Y Avg10.17%

5Y Avg-6.02%

3Y Avg-22.04%

Latest-40.96%

Peer Comparison

Weight Management Programs

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MEDMedifast, Inc.	130.03M	11.83	62.26	-43.8%	0.06%	0.12%	13.09%	0.08
WWWW International, Inc.	236.79M	23.71	-5.46	-11.65%	151.02%	336.14%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.16B	1.16B	1.31B	1.51B	1.41B	1.38B	1.21B	1.04B	889.55M	785.92M
Revenue Growth %	-0.21%	0%	0.12%	0.16%	-0.07%	-0.02%	-0.12%	-0.14%	-0.14%	-0.12%
Cost of Goods Sold+	590.3M	579.4M	614.3M	647.71M	626.65M	600.28M	484.5M	418.46M	360.25M	252.82M
COGS % of Revenue	0.51%	0.5%	0.47%	0.43%	0.44%	0.44%	0.4%	0.4%	0.4%	0.32%
Gross Profit+	574.2M	585.5M	692.6M	866.41M	786.68M	777.84M	726.67M	621.38M	529.3M	533.1M
Gross Margin %	0.49%	0.5%	0.53%	0.57%	0.56%	0.56%	0.6%	0.6%	0.6%	0.68%
Gross Profit Growth %	-0.28%	0.02%	0.18%	0.25%	-0.09%	-0.01%	-0.07%	-0.14%	-0.15%	0.01%
Operating Expenses+	406M	384.7M	412M	477.43M	498.7M	561.68M	530.07M	905.35M	506.97M	769.33M
OpEx % of Revenue	0.35%	0.33%	0.32%	0.32%	0.35%	0.41%	0.44%	0.87%	0.57%	0.98%
Selling, General & Admin	406M	384.7M	412M	477.43M	498.7M	558.01M	530.07M	508.62M	503.34M	454.29M
SG&A % of Revenue	0.35%	0.33%	0.32%	0.32%	0.35%	0.4%	0.44%	0.49%	0.57%	0.58%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-2M	-1.5M	-500K	-2.58M	0	3.67M	0	396.73M	3.63M	315.03M
Operating Income+	168.1M	200.8M	267.3M	388.99M	287.99M	216.16M	196.6M	-283.97M	22.33M	-236.22M
Operating Margin %	0.14%	0.17%	0.2%	0.26%	0.2%	0.16%	0.16%	-0.27%	0.03%	-0.3%
Operating Income Growth %	-0.38%	0.19%	0.33%	0.46%	-0.26%	-0.25%	-0.09%	-2.44%	1.08%	-11.58%
EBITDA+	221.27M	253.43M	318.18M	433.05M	333M	266.84M	245.15M	-240.17M	74.8M	-198.44M
EBITDA Margin %	0.19%	0.22%	0.24%	0.29%	0.24%	0.19%	0.2%	-0.23%	0.08%	-0.25%
EBITDA Growth %	-0.31%	0.15%	0.26%	0.36%	-0.23%	-0.2%	-0.08%	-1.98%	1.31%	-3.65%
D&A (Non-Cash Add-back)	53.17M	52.63M	50.88M	44.06M	45.02M	50.68M	48.55M	43.8M	52.47M	37.78M
EBIT	177.46M	199.29M	257.86M	386.41M	286.23M	215.81M	164.89M	-285.66M	22.26M	-236.22M
Net Interest Income+	-121.84M	-115.16M	-112.78M	-142.35M	-135.27M	-123.31M	-87.91M	-81.14M	-95.89M	-108.95M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	121.8M	115.2M	112.8M	142.35M	135.27M	123.31M	87.91M	81.14M	95.89M	108.95M
Other Income/Expense	-112.44M	-116.68M	-122.22M	-144.92M	-137.03M	-123.66M	-119.62M	-82.83M	-95.97M	-108.95M
Pretax Income+	55.6M	84.1M	145.1M	244.06M	150.96M	92.5M	76.98M	-366.8M	-73.63M	-345.18M
Pretax Margin %	0.05%	0.07%	0.11%	0.16%	0.11%	0.07%	0.06%	-0.35%	-0.08%	-0.44%
Income Tax+	22.8M	16.6M	-18.2M	20.49M	31.51M	17.46M	9.85M	-109.94M	38.62M	526K
Effective Tax Rate %	0.59%	0.8%	1.13%	0.92%	0.79%	0.81%	0.87%	0.7%	1.52%	1%
Net Income+	32.9M	67.7M	163.5M	223.75M	119.62M	75.08M	67.13M	-256.87M	-112.25M	-345.7M
Net Margin %	0.03%	0.06%	0.13%	0.15%	0.08%	0.05%	0.06%	-0.25%	-0.13%	-0.44%
Net Income Growth %	-0.66%	1.06%	1.42%	0.37%	-0.47%	-0.37%	-0.11%	-4.83%	0.56%	-2.08%
Net Income (Continuing)	32.78M	67.49M	163.32M	223.57M	119.45M	75.04M	67.13M	-256.87M	-112.25M	-345.7M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	4.45M	4.7M	4.47M	3.91M	0	0	0	0	0	0
EPS (Diluted)+	0.56	1.03	2.40	3.19	1.72	1.07	0.95	-3.58	-1.46	-4.34
EPS Growth %	-0.73%	0.84%	1.33%	0.33%	-0.46%	-0.38%	-0.11%	-4.77%	0.59%	-1.97%
EPS (Basic)	0.56	1.06	2.54	3.19	1.78	1.11	0.96	-3.58	-1.46	-4.34
Diluted Shares Outstanding	58.97M	65.9M	68.25M	70.11M	69.55M	70.02M	70.74M	70.32M	76.68M	79.58M
Basic Shares Outstanding	58.37M	63.74M	64.33M	70.11M	67.19M	67.85M	69.64M	70.32M	76.68M	79.58M
Dividend Payout Ratio	0%	0%	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	358.97M	235.2M	209M	366.42M	295.39M	299.19M	271.17M	281.33M	179.47M	102.65M
Cash & Short-Term Investments	241.53M	108.66M	83.05M	236.97M	182.74M	165.89M	153.79M	178.33M	109.37M	53.02M
Cash Only	241.53M	108.66M	83.05M	236.97M	182.74M	165.89M	153.79M	178.33M	109.37M	53.02M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	29.28M	27.52M	23.91M	27.25M	30.52M	34.55M	29.32M	24.27M	14.94M	14.43M
Days Sales Outstanding	9.18	8.62	6.68	6.57	7.88	9.15	8.84	8.52	6.13	6.7
Inventory	27.84M	32.63M	31.73M	25.85M	27.2M	39.46M	30.57M	20.53M	68K	0
Days Inventory Outstanding	17.21	20.55	18.85	14.57	15.85	23.99	23.03	17.91	0.07	-
Other Current Assets	15.44M	30.88M	26.8M	42.35M	30.58M	23.61M	0	30.83M	19.58M	18.55M
Total Non-Current Assets+	1.06B	1.04B	1.04B	1.05B	1.2B	1.18B	1.16B	747.1M	802.56M	447.63M
Property, Plant & Equipment	58.19M	49.6M	48M	52.2M	206.05M	171.04M	127.12M	103.92M	72.01M	57.84M
Fixed Asset Turnover	20.01x	23.49x	27.23x	29.01x	6.86x	8.06x	9.53x	10.01x	12.35x	13.59x
Goodwill	159.33M	166.14M	156.28M	152.52M	157.92M	155.62M	157.37M	156M	243.44M	239.58M
Intangible Assets	813.66M	807.23M	800.58M	808.3M	812.48M	825.56M	846.32M	450.05M	449.73M	115.76M
Long-Term Investments	17.69M	-175.12M	-143.59M	-16.23M	0	0	0	0	0	0
Other Non-Current Assets	6.72M	12.8M	32.1M	35.1M	12.16M	16.14M	15.69M	14.88M	17.68M	17.75M
Total Assets+	1.42B	1.27B	1.25B	1.41B	1.5B	1.48B	1.43B	1.03B	982.03M	550.28M
Asset Turnover	0.82x	0.92x	1.05x	1.07x	0.94x	0.93x	0.85x	1.01x	0.91x	1.43x
Asset Growth %	-0.06%	-0.11%	-0.02%	0.14%	0.06%	-0.01%	-0.04%	-0.28%	-0.05%	-0.44%
Total Current Liabilities+	503.13M	292.4M	343M	341.32M	394.07M	340.1M	229.13M	196.56M	205.46M	173.33M
Accounts Payable	38.23M	40.64M	24.36M	27.1M	29.06M	23.05M	22.44M	18.89M	18.51M	17.8M
Days Payables Outstanding	23.64	25.6	14.47	15.27	16.93	14.02	16.91	16.48	18.75	25.7
Short-Term Debt	213.32M	21M	82.75M	77M	96.25M	77M	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	142.94M	118.23M	99.41M	70.18M	21.6M	28.28M	14.67M	0	0	0
Current Ratio	0.71x	0.80x	0.61x	1.07x	0.75x	0.88x	1.18x	1.43x	0.87x	0.59x
Quick Ratio	0.66x	0.69x	0.52x	1.00x	0.68x	0.76x	1.05x	1.33x	0.87x	0.59x
Cash Conversion Cycle	2.76	3.58	11.06	5.87	6.8	19.13	14.96	9.95	-12.55	-
Total Non-Current Liabilities+	2.21B	2.19B	1.92B	1.88B	1.79B	1.69B	1.66B	1.52B	1.54B	1.49B
Long-Term Debt	2B	1.98B	1.74B	1.67B	1.48B	1.41B	1.42B	1.42B	1.43B	1.43B
Capital Lease Obligations	0	0	0	0	128.46M	101.56M	78.16M	68.1M	53.46M	44.32M
Deferred Tax Liabilities	159.54M	200.2M	173.9M	208.55M	175.24M	173.71M	157.72M	25.08M	41.99M	14.76M
Other Non-Current Liabilities	23.88M	25.05M	30.29M	18.29M	6.17M	5.21M	2.23M	2.19M	15.74M	1.59M
Total Liabilities	2.71B	2.48B	2.26B	2.22B	2.18B	2.03B	1.89B	1.71B	1.74B	1.66B
Total Debt+	2.23B	1.98B	1.74B	1.75B	1.74B	1.62B	1.52B	1.51B	1.49B	1.48B
Net Debt	1.99B	1.87B	1.66B	1.51B	1.56B	1.45B	1.36B	1.33B	1.38B	1.43B
Debt / Equity	-	-	-	-	-	-	-	-	-	-
Debt / EBITDA	10.10x	7.82x	5.47x	4.03x	5.22x	6.06x	6.19x	-	19.91x	-
Net Debt / EBITDA	9.01x	7.39x	5.21x	3.49x	4.67x	5.43x	5.56x	-	18.45x	-
Interest Coverage	1.38x	1.74x	2.37x	2.73x	2.13x	1.75x	2.24x	-3.50x	0.23x	-2.17x
Total Equity+	-1.29B	-1.2B	-1.01B	-805.03M	-685.54M	-548.21M	-456.4M	-685.78M	-761.09M	-1.11B
Equity Growth %	0.07%	0.06%	0.16%	0.2%	0.15%	0.2%	0.17%	-0.5%	-0.11%	-0.46%
Book Value per Share	-21.80	-18.25	-14.82	-11.48	-9.86	-7.83	-6.45	-9.75	-9.93	-14.00
Total Shareholders' Equity	-1.29B	-1.21B	-1.02B	-808.94M	-685.54M	-548.21M	-456.4M	-685.78M	-761.09M	-1.11B
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	1.99B	2.06B	2.2B	2.38B	2.5B	2.62B	2.68B	2.42B	2.31B	1.94B
Treasury Stock	-3.25B	-3.24B	-3.21B	-3.18B	-3.16B	-3.14B	-3.12B	-3.1B	-3.06B	-3.02B
Accumulated OCI	-37.27M	-27.12M	-10.47M	-15.76M	-27.35M	-25.15M	-18.6M	-5.47M	-11.3M	-25.83M
Minority Interest	4.45M	4.7M	4.47M	3.91M	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	54.81M	119.04M	222.27M	295.59M	182.38M	135.94M	157.28M	76.65M	6.69M	-16.84M
Operating CF Margin %	0.05%	0.1%	0.17%	0.2%	0.13%	0.1%	0.13%	0.07%	0.01%	-0.02%
Operating CF Growth %	-0.76%	1.17%	0.87%	0.33%	-0.38%	-0.25%	0.16%	-0.51%	-0.91%	-3.52%
Net Income	32.78M	67.49M	163.32M	223.57M	119.45M	75.08M	67.13M	-251.4M	-112.25M	-345.7M
Depreciation & Amortization	53.17M	52.63M	50.88M	44.06M	45.02M	50.68M	48.55M	43.8M	52.47M	37.78M
Stock-Based Compensation	24.77M	6.53M	14.95M	20.19M	20.47M	0	21.35M	12.96M	15.19M	7.76M
Deferred Taxes	12.1M	11.09M	-48.22M	-13.67M	-9.42M	-1.44M	-15.56M	-150.99M	19.82M	-26.58M
Other Non-Cash Items	5.35M	13.47M	36.59M	18.64M	19.45M	86.41M	45.2M	413.91M	18.68M	320.39M
Working Capital Changes	-73.35M	-32.17M	4.75M	2.81M	-12.57M	-74.79M	-9.37M	8.38M	12.78M	-10.5M
Change in Receivables	-47.62M	-23.61M	5.5M	4.61M	1.33M	-3.6M	4.71M	-7.56M	17.11M	1.6M
Change in Inventory	-3.06M	-9.51M	-4.5M	-1.15M	-9.13M	-25.94M	1.82M	3.73M	14.02M	91K
Change in Payables	-13.93M	461K	-14.51M	2.22M	1.35M	-4.04M	373K	-2.69M	-54K	-508K
Cash from Investing+	-40.31M	-37.53M	-40.79M	-63.96M	-52.62M	-65.59M	-52.75M	-42.64M	-74.7M	-16.41M
Capital Expenditures	-36.26M	-34.34M	-40.65M	-46.81M	-47.98M	-50.43M	-37.65M	-38.25M	-36.3M	-16.41M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.03%	0.04%	0.03%	0.04%	0.04%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-936K	-291K	2.75M	-10.04M	-580K	-5.12M	-2.27M	-42K	-33K	-5K
Cash from Financing+	-68.58M	-212.22M	-211.48M	-74.35M	-182.99M	-95.54M	-111.54M	-4.72M	-2.75M	-17.34M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-42K	-11K	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	95K	973K	5.47M	8.4M	-5.99M	-7.46M	-47.54M	-2.52M	-2.75M	-17.34M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	18.56M	84.7M	181.63M	248.78M	134.4M	114.45M	119.63M	38.39M	-29.61M	-33.25M
FCF Margin %	0.02%	0.07%	0.14%	0.16%	0.1%	0.08%	0.1%	0.04%	-0.03%	-0.04%
FCF Growth %	-0.9%	3.56%	1.14%	0.37%	-0.46%	-0.15%	0.05%	-0.68%	-1.77%	-0.12%
FCF per Share	0.31	1.29	2.66	3.55	1.93	1.63	1.69	0.55	-0.39	-0.42
FCF Conversion (FCF/Net Income)	1.67x	1.76x	1.36x	1.32x	1.52x	1.81x	2.34x	-0.30x	-0.06x	0.05x
Interest Paid	0	0	0	0	0	0	79.37M	76.22M	91.61M	96.84M
Taxes Paid	0	0	0	0	0	0	41.38M	25.82M	30.91M	11.5M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Invested Capital (ROIC)	18.62%	21.87%	30.47%	43.2%	27.44%	18.3%	16.31%	-27.47%	2.65%	-37.9%
Gross Margin	49.31%	50.26%	53%	57.22%	55.66%	56.44%	60%	59.76%	59.5%	67.83%
Net Margin	2.83%	5.81%	12.51%	14.78%	8.46%	5.45%	5.54%	-24.7%	-12.62%	-43.99%
Interest Coverage	1.38x	1.74x	2.37x	2.73x	2.13x	1.75x	2.24x	-3.50x	0.23x	-2.17x
FCF Conversion	1.67x	1.76x	1.36x	1.32x	1.52x	1.81x	2.34x	-0.30x	-0.06x	0.05x
Revenue Growth	-21.31%	0.03%	12.19%	15.86%	-6.66%	-2.49%	-12.11%	-14.15%	-14.45%	-11.65%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Subscription	-	-	-	-	-	-	-	919.05M	822.75M	776.99M
Subscription Growth	-	-	-	-	-	-	-	-	-10.48%	-5.56%
Other	-	-	-	-	-	-	-	-	-	8.93M
Other Growth	-	-	-	-	-	-	-	-	-	-
Product And Other	-	-	-	-	-	-	-	121.8M	66.8M	-
Product And Other Growth	-	-	-	-	-	-	-	-	-45.16%	-
Subscription And Circulation	-	-	-	567.77M	610M	743.06M	788.17M	-	-	-
Subscription And Circulation Growth	-	-	-	-	7.44%	21.81%	6.07%	-	-	-
Product And Service Other	-	-	-	92.07M	87.58M	151.28M	127.52M	-	-	-
Product And Service Other Growth	-	-	-	-	-4.88%	72.74%	-15.71%	-	-	-
Product	-	-	-	148.86M	118.49M	40.35M	21.91M	-	-	-
Product Growth	-	-	-	-	-20.40%	-65.95%	-45.71%	-	-	-
Workshops Plus Digital Fees	-	-	-	-	-	443.43M	-	-	-	-
Workshops Plus Digital Fees Growth	-	-	-	-	-	-	-	-	-	-
G B	-	-	99.99M	-	-	-	-	-	-	-
G B Growth	-	-	-	-	-	-	-	-	-	-
All Others	-	-	57.35M	-	-	-	-	-	-	-
All Others Growth	-	-	-	-	-	-	-	-	-	-
GB	-	100.81M	-	-	-	-	-	-	-	-
GB Growth	-	-	-	-	-	-	-	-	-	-
Others	-	54.68M	-	-	-	-	-	-	-	-
Others Growth	-	-	-	-	-	-	-	-	-	-
Sales Revenue, Services, Net	587.8M	-	-	-	-	-	-	-	-	-
Sales Revenue, Services, Net Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	700.97M	743.67M	846.25M	-	-	-	-	-	-	541.97M
UNITED STATES Growth	-	6.09%	13.79%	-	-	-	-	-	-	-
Other Countries	55.25M	54.68M	57.35M	-	-	-	-	-	-	161.3M
Other Countries Growth	-	-1.04%	4.89%	-	-	-	-	-	-	-
GERMANY	-	-	-	-	-	-	-	-	-	82.65M
GERMANY Growth	-	-	-	-	-	-	-	-	-	-
North America	-	-	-	1.05B	979.3M	942.1M	814.8M	726.88M	638.2M	-
North America Growth	-	-	-	-	-6.49%	-3.80%	-13.51%	-10.79%	-12.20%	-
International	-	-	-	-	-	-	-	-	251.35M	-
International Growth	-	-	-	-	-	-	-	-	-	-
Europe	-	-	-	304.32M	293.23M	313.38M	297.91M	239.13M	-	-
Europe Growth	-	-	-	-	-3.64%	6.87%	-4.94%	-19.73%	-	-
G B	-	-	-	107.07M	94.56M	84.39M	65.82M	47.99M	-	-
G B Growth	-	-	-	-	-11.69%	-10.76%	-22.00%	-27.08%	-	-
All Others	-	-	-	55.47M	46.24M	38.26M	33.94M	26.85M	-	-
All Others Growth	-	-	-	-	-16.64%	-17.27%	-11.29%	-20.89%	-	-
Europe	229.15M	210.59M	239.22M	-	-	-	-	-	-	-
Europe Growth	-	-8.10%	13.60%	-	-	-	-	-	-	-
CANADA	54.28M	55.16M	64.1M	-	-	-	-	-	-	-
CANADA Growth	-	1.62%	16.21%	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

WW International, Inc. (WW) reported $718.9M in revenue for fiscal year 2024. This represents a 60% decrease from $1.82B in 2011.

WW International, Inc. (WW) saw revenue decline by 11.6% over the past year.

Yes, WW International, Inc. (WW) is profitable, generating $1.09B in net income for fiscal year 2024 (-44.0% net margin).

Dividend & Returns

WW International, Inc. (WW) had negative free cash flow of $27.9M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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WW International, Inc. (WW) 10-Year Financial Performance & Capital Metrics

WW • • Industrial / General

Consumer CyclicalPersonal ServicesHealth & Fitness ServicesWeight Management Programs

Revenue $786M -11.6%
EBITDA -$198M -365.3%
Net Income -$346M -208.0%
EPS (Diluted) -4.34 -197.3%
Gross Margin 67.83% +14.0%
EBITDA Margin -25.25% -400.3%
Operating Margin -30.06% -1297.2%
Net Margin -43.99% -248.6%
ROE -
ROIC -37.9% -1529.4%
Debt/Equity -
Interest Coverage -2.17 -1030.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 19 (bottom 19%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 11.1% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-6.13%

5Y-11.07%

3Y-13.43%

TTM-10.97%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM336.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM243.52%

ROCE

10Y Avg10.17%

5Y Avg-6.02%

3Y Avg-22.04%

Latest-40.96%

Peer Comparison

Weight Management Programs

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MEDMedifast, Inc.	130.03M	11.83	62.26	-43.8%	0.06%	0.12%	13.09%	0.08
WWWW International, Inc.	236.79M	23.71	-5.46	-11.65%	151.02%	336.14%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.16B	1.16B	1.31B	1.51B	1.41B	1.38B	1.21B	1.04B	889.55M	785.92M
Revenue Growth %	-0.21%	0%	0.12%	0.16%	-0.07%	-0.02%	-0.12%	-0.14%	-0.14%	-0.12%
Cost of Goods Sold+	590.3M	579.4M	614.3M	647.71M	626.65M	600.28M	484.5M	418.46M	360.25M	252.82M
COGS % of Revenue	0.51%	0.5%	0.47%	0.43%	0.44%	0.44%	0.4%	0.4%	0.4%	0.32%
Gross Profit+	574.2M	585.5M	692.6M	866.41M	786.68M	777.84M	726.67M	621.38M	529.3M	533.1M
Gross Margin %	0.49%	0.5%	0.53%	0.57%	0.56%	0.56%	0.6%	0.6%	0.6%	0.68%
Gross Profit Growth %	-0.28%	0.02%	0.18%	0.25%	-0.09%	-0.01%	-0.07%	-0.14%	-0.15%	0.01%
Operating Expenses+	406M	384.7M	412M	477.43M	498.7M	561.68M	530.07M	905.35M	506.97M	769.33M
OpEx % of Revenue	0.35%	0.33%	0.32%	0.32%	0.35%	0.41%	0.44%	0.87%	0.57%	0.98%
Selling, General & Admin	406M	384.7M	412M	477.43M	498.7M	558.01M	530.07M	508.62M	503.34M	454.29M
SG&A % of Revenue	0.35%	0.33%	0.32%	0.32%	0.35%	0.4%	0.44%	0.49%	0.57%	0.58%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-2M	-1.5M	-500K	-2.58M	0	3.67M	0	396.73M	3.63M	315.03M
Operating Income+	168.1M	200.8M	267.3M	388.99M	287.99M	216.16M	196.6M	-283.97M	22.33M	-236.22M
Operating Margin %	0.14%	0.17%	0.2%	0.26%	0.2%	0.16%	0.16%	-0.27%	0.03%	-0.3%
Operating Income Growth %	-0.38%	0.19%	0.33%	0.46%	-0.26%	-0.25%	-0.09%	-2.44%	1.08%	-11.58%
EBITDA+	221.27M	253.43M	318.18M	433.05M	333M	266.84M	245.15M	-240.17M	74.8M	-198.44M
EBITDA Margin %	0.19%	0.22%	0.24%	0.29%	0.24%	0.19%	0.2%	-0.23%	0.08%	-0.25%
EBITDA Growth %	-0.31%	0.15%	0.26%	0.36%	-0.23%	-0.2%	-0.08%	-1.98%	1.31%	-3.65%
D&A (Non-Cash Add-back)	53.17M	52.63M	50.88M	44.06M	45.02M	50.68M	48.55M	43.8M	52.47M	37.78M
EBIT	177.46M	199.29M	257.86M	386.41M	286.23M	215.81M	164.89M	-285.66M	22.26M	-236.22M
Net Interest Income+	-121.84M	-115.16M	-112.78M	-142.35M	-135.27M	-123.31M	-87.91M	-81.14M	-95.89M	-108.95M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	121.8M	115.2M	112.8M	142.35M	135.27M	123.31M	87.91M	81.14M	95.89M	108.95M
Other Income/Expense	-112.44M	-116.68M	-122.22M	-144.92M	-137.03M	-123.66M	-119.62M	-82.83M	-95.97M	-108.95M
Pretax Income+	55.6M	84.1M	145.1M	244.06M	150.96M	92.5M	76.98M	-366.8M	-73.63M	-345.18M
Pretax Margin %	0.05%	0.07%	0.11%	0.16%	0.11%	0.07%	0.06%	-0.35%	-0.08%	-0.44%
Income Tax+	22.8M	16.6M	-18.2M	20.49M	31.51M	17.46M	9.85M	-109.94M	38.62M	526K
Effective Tax Rate %	0.59%	0.8%	1.13%	0.92%	0.79%	0.81%	0.87%	0.7%	1.52%	1%
Net Income+	32.9M	67.7M	163.5M	223.75M	119.62M	75.08M	67.13M	-256.87M	-112.25M	-345.7M
Net Margin %	0.03%	0.06%	0.13%	0.15%	0.08%	0.05%	0.06%	-0.25%	-0.13%	-0.44%
Net Income Growth %	-0.66%	1.06%	1.42%	0.37%	-0.47%	-0.37%	-0.11%	-4.83%	0.56%	-2.08%
Net Income (Continuing)	32.78M	67.49M	163.32M	223.57M	119.45M	75.04M	67.13M	-256.87M	-112.25M	-345.7M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	4.45M	4.7M	4.47M	3.91M	0	0	0	0	0	0
EPS (Diluted)+	0.56	1.03	2.40	3.19	1.72	1.07	0.95	-3.58	-1.46	-4.34
EPS Growth %	-0.73%	0.84%	1.33%	0.33%	-0.46%	-0.38%	-0.11%	-4.77%	0.59%	-1.97%
EPS (Basic)	0.56	1.06	2.54	3.19	1.78	1.11	0.96	-3.58	-1.46	-4.34
Diluted Shares Outstanding	58.97M	65.9M	68.25M	70.11M	69.55M	70.02M	70.74M	70.32M	76.68M	79.58M
Basic Shares Outstanding	58.37M	63.74M	64.33M	70.11M	67.19M	67.85M	69.64M	70.32M	76.68M	79.58M
Dividend Payout Ratio	0%	0%	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	358.97M	235.2M	209M	366.42M	295.39M	299.19M	271.17M	281.33M	179.47M	102.65M
Cash & Short-Term Investments	241.53M	108.66M	83.05M	236.97M	182.74M	165.89M	153.79M	178.33M	109.37M	53.02M
Cash Only	241.53M	108.66M	83.05M	236.97M	182.74M	165.89M	153.79M	178.33M	109.37M	53.02M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	29.28M	27.52M	23.91M	27.25M	30.52M	34.55M	29.32M	24.27M	14.94M	14.43M
Days Sales Outstanding	9.18	8.62	6.68	6.57	7.88	9.15	8.84	8.52	6.13	6.7
Inventory	27.84M	32.63M	31.73M	25.85M	27.2M	39.46M	30.57M	20.53M	68K	0
Days Inventory Outstanding	17.21	20.55	18.85	14.57	15.85	23.99	23.03	17.91	0.07	-
Other Current Assets	15.44M	30.88M	26.8M	42.35M	30.58M	23.61M	0	30.83M	19.58M	18.55M
Total Non-Current Assets+	1.06B	1.04B	1.04B	1.05B	1.2B	1.18B	1.16B	747.1M	802.56M	447.63M
Property, Plant & Equipment	58.19M	49.6M	48M	52.2M	206.05M	171.04M	127.12M	103.92M	72.01M	57.84M
Fixed Asset Turnover	20.01x	23.49x	27.23x	29.01x	6.86x	8.06x	9.53x	10.01x	12.35x	13.59x
Goodwill	159.33M	166.14M	156.28M	152.52M	157.92M	155.62M	157.37M	156M	243.44M	239.58M
Intangible Assets	813.66M	807.23M	800.58M	808.3M	812.48M	825.56M	846.32M	450.05M	449.73M	115.76M
Long-Term Investments	17.69M	-175.12M	-143.59M	-16.23M	0	0	0	0	0	0
Other Non-Current Assets	6.72M	12.8M	32.1M	35.1M	12.16M	16.14M	15.69M	14.88M	17.68M	17.75M
Total Assets+	1.42B	1.27B	1.25B	1.41B	1.5B	1.48B	1.43B	1.03B	982.03M	550.28M
Asset Turnover	0.82x	0.92x	1.05x	1.07x	0.94x	0.93x	0.85x	1.01x	0.91x	1.43x
Asset Growth %	-0.06%	-0.11%	-0.02%	0.14%	0.06%	-0.01%	-0.04%	-0.28%	-0.05%	-0.44%
Total Current Liabilities+	503.13M	292.4M	343M	341.32M	394.07M	340.1M	229.13M	196.56M	205.46M	173.33M
Accounts Payable	38.23M	40.64M	24.36M	27.1M	29.06M	23.05M	22.44M	18.89M	18.51M	17.8M
Days Payables Outstanding	23.64	25.6	14.47	15.27	16.93	14.02	16.91	16.48	18.75	25.7
Short-Term Debt	213.32M	21M	82.75M	77M	96.25M	77M	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	142.94M	118.23M	99.41M	70.18M	21.6M	28.28M	14.67M	0	0	0
Current Ratio	0.71x	0.80x	0.61x	1.07x	0.75x	0.88x	1.18x	1.43x	0.87x	0.59x
Quick Ratio	0.66x	0.69x	0.52x	1.00x	0.68x	0.76x	1.05x	1.33x	0.87x	0.59x
Cash Conversion Cycle	2.76	3.58	11.06	5.87	6.8	19.13	14.96	9.95	-12.55	-
Total Non-Current Liabilities+	2.21B	2.19B	1.92B	1.88B	1.79B	1.69B	1.66B	1.52B	1.54B	1.49B
Long-Term Debt	2B	1.98B	1.74B	1.67B	1.48B	1.41B	1.42B	1.42B	1.43B	1.43B
Capital Lease Obligations	0	0	0	0	128.46M	101.56M	78.16M	68.1M	53.46M	44.32M
Deferred Tax Liabilities	159.54M	200.2M	173.9M	208.55M	175.24M	173.71M	157.72M	25.08M	41.99M	14.76M
Other Non-Current Liabilities	23.88M	25.05M	30.29M	18.29M	6.17M	5.21M	2.23M	2.19M	15.74M	1.59M
Total Liabilities	2.71B	2.48B	2.26B	2.22B	2.18B	2.03B	1.89B	1.71B	1.74B	1.66B
Total Debt+	2.23B	1.98B	1.74B	1.75B	1.74B	1.62B	1.52B	1.51B	1.49B	1.48B
Net Debt	1.99B	1.87B	1.66B	1.51B	1.56B	1.45B	1.36B	1.33B	1.38B	1.43B
Debt / Equity	-	-	-	-	-	-	-	-	-	-
Debt / EBITDA	10.10x	7.82x	5.47x	4.03x	5.22x	6.06x	6.19x	-	19.91x	-
Net Debt / EBITDA	9.01x	7.39x	5.21x	3.49x	4.67x	5.43x	5.56x	-	18.45x	-
Interest Coverage	1.38x	1.74x	2.37x	2.73x	2.13x	1.75x	2.24x	-3.50x	0.23x	-2.17x
Total Equity+	-1.29B	-1.2B	-1.01B	-805.03M	-685.54M	-548.21M	-456.4M	-685.78M	-761.09M	-1.11B
Equity Growth %	0.07%	0.06%	0.16%	0.2%	0.15%	0.2%	0.17%	-0.5%	-0.11%	-0.46%
Book Value per Share	-21.80	-18.25	-14.82	-11.48	-9.86	-7.83	-6.45	-9.75	-9.93	-14.00
Total Shareholders' Equity	-1.29B	-1.21B	-1.02B	-808.94M	-685.54M	-548.21M	-456.4M	-685.78M	-761.09M	-1.11B
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	1.99B	2.06B	2.2B	2.38B	2.5B	2.62B	2.68B	2.42B	2.31B	1.94B
Treasury Stock	-3.25B	-3.24B	-3.21B	-3.18B	-3.16B	-3.14B	-3.12B	-3.1B	-3.06B	-3.02B
Accumulated OCI	-37.27M	-27.12M	-10.47M	-15.76M	-27.35M	-25.15M	-18.6M	-5.47M	-11.3M	-25.83M
Minority Interest	4.45M	4.7M	4.47M	3.91M	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	54.81M	119.04M	222.27M	295.59M	182.38M	135.94M	157.28M	76.65M	6.69M	-16.84M
Operating CF Margin %	0.05%	0.1%	0.17%	0.2%	0.13%	0.1%	0.13%	0.07%	0.01%	-0.02%
Operating CF Growth %	-0.76%	1.17%	0.87%	0.33%	-0.38%	-0.25%	0.16%	-0.51%	-0.91%	-3.52%
Net Income	32.78M	67.49M	163.32M	223.57M	119.45M	75.08M	67.13M	-251.4M	-112.25M	-345.7M
Depreciation & Amortization	53.17M	52.63M	50.88M	44.06M	45.02M	50.68M	48.55M	43.8M	52.47M	37.78M
Stock-Based Compensation	24.77M	6.53M	14.95M	20.19M	20.47M	0	21.35M	12.96M	15.19M	7.76M
Deferred Taxes	12.1M	11.09M	-48.22M	-13.67M	-9.42M	-1.44M	-15.56M	-150.99M	19.82M	-26.58M
Other Non-Cash Items	5.35M	13.47M	36.59M	18.64M	19.45M	86.41M	45.2M	413.91M	18.68M	320.39M
Working Capital Changes	-73.35M	-32.17M	4.75M	2.81M	-12.57M	-74.79M	-9.37M	8.38M	12.78M	-10.5M
Change in Receivables	-47.62M	-23.61M	5.5M	4.61M	1.33M	-3.6M	4.71M	-7.56M	17.11M	1.6M
Change in Inventory	-3.06M	-9.51M	-4.5M	-1.15M	-9.13M	-25.94M	1.82M	3.73M	14.02M	91K
Change in Payables	-13.93M	461K	-14.51M	2.22M	1.35M	-4.04M	373K	-2.69M	-54K	-508K
Cash from Investing+	-40.31M	-37.53M	-40.79M	-63.96M	-52.62M	-65.59M	-52.75M	-42.64M	-74.7M	-16.41M
Capital Expenditures	-36.26M	-34.34M	-40.65M	-46.81M	-47.98M	-50.43M	-37.65M	-38.25M	-36.3M	-16.41M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.03%	0.04%	0.03%	0.04%	0.04%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-936K	-291K	2.75M	-10.04M	-580K	-5.12M	-2.27M	-42K	-33K	-5K
Cash from Financing+	-68.58M	-212.22M	-211.48M	-74.35M	-182.99M	-95.54M	-111.54M	-4.72M	-2.75M	-17.34M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-42K	-11K	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	95K	973K	5.47M	8.4M	-5.99M	-7.46M	-47.54M	-2.52M	-2.75M	-17.34M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	18.56M	84.7M	181.63M	248.78M	134.4M	114.45M	119.63M	38.39M	-29.61M	-33.25M
FCF Margin %	0.02%	0.07%	0.14%	0.16%	0.1%	0.08%	0.1%	0.04%	-0.03%	-0.04%
FCF Growth %	-0.9%	3.56%	1.14%	0.37%	-0.46%	-0.15%	0.05%	-0.68%	-1.77%	-0.12%
FCF per Share	0.31	1.29	2.66	3.55	1.93	1.63	1.69	0.55	-0.39	-0.42
FCF Conversion (FCF/Net Income)	1.67x	1.76x	1.36x	1.32x	1.52x	1.81x	2.34x	-0.30x	-0.06x	0.05x
Interest Paid	0	0	0	0	0	0	79.37M	76.22M	91.61M	96.84M
Taxes Paid	0	0	0	0	0	0	41.38M	25.82M	30.91M	11.5M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Invested Capital (ROIC)	18.62%	21.87%	30.47%	43.2%	27.44%	18.3%	16.31%	-27.47%	2.65%	-37.9%
Gross Margin	49.31%	50.26%	53%	57.22%	55.66%	56.44%	60%	59.76%	59.5%	67.83%
Net Margin	2.83%	5.81%	12.51%	14.78%	8.46%	5.45%	5.54%	-24.7%	-12.62%	-43.99%
Interest Coverage	1.38x	1.74x	2.37x	2.73x	2.13x	1.75x	2.24x	-3.50x	0.23x	-2.17x
FCF Conversion	1.67x	1.76x	1.36x	1.32x	1.52x	1.81x	2.34x	-0.30x	-0.06x	0.05x
Revenue Growth	-21.31%	0.03%	12.19%	15.86%	-6.66%	-2.49%	-12.11%	-14.15%	-14.45%	-11.65%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Subscription	-	-	-	-	-	-	-	919.05M	822.75M	776.99M
Subscription Growth	-	-	-	-	-	-	-	-	-10.48%	-5.56%
Other	-	-	-	-	-	-	-	-	-	8.93M
Other Growth	-	-	-	-	-	-	-	-	-	-
Product And Other	-	-	-	-	-	-	-	121.8M	66.8M	-
Product And Other Growth	-	-	-	-	-	-	-	-	-45.16%	-
Subscription And Circulation	-	-	-	567.77M	610M	743.06M	788.17M	-	-	-
Subscription And Circulation Growth	-	-	-	-	7.44%	21.81%	6.07%	-	-	-
Product And Service Other	-	-	-	92.07M	87.58M	151.28M	127.52M	-	-	-
Product And Service Other Growth	-	-	-	-	-4.88%	72.74%	-15.71%	-	-	-
Product	-	-	-	148.86M	118.49M	40.35M	21.91M	-	-	-
Product Growth	-	-	-	-	-20.40%	-65.95%	-45.71%	-	-	-
Workshops Plus Digital Fees	-	-	-	-	-	443.43M	-	-	-	-
Workshops Plus Digital Fees Growth	-	-	-	-	-	-	-	-	-	-
G B	-	-	99.99M	-	-	-	-	-	-	-
G B Growth	-	-	-	-	-	-	-	-	-	-
All Others	-	-	57.35M	-	-	-	-	-	-	-
All Others Growth	-	-	-	-	-	-	-	-	-	-
GB	-	100.81M	-	-	-	-	-	-	-	-
GB Growth	-	-	-	-	-	-	-	-	-	-
Others	-	54.68M	-	-	-	-	-	-	-	-
Others Growth	-	-	-	-	-	-	-	-	-	-
Sales Revenue, Services, Net	587.8M	-	-	-	-	-	-	-	-	-
Sales Revenue, Services, Net Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	700.97M	743.67M	846.25M	-	-	-	-	-	-	541.97M
UNITED STATES Growth	-	6.09%	13.79%	-	-	-	-	-	-	-
Other Countries	55.25M	54.68M	57.35M	-	-	-	-	-	-	161.3M
Other Countries Growth	-	-1.04%	4.89%	-	-	-	-	-	-	-
GERMANY	-	-	-	-	-	-	-	-	-	82.65M
GERMANY Growth	-	-	-	-	-	-	-	-	-	-
North America	-	-	-	1.05B	979.3M	942.1M	814.8M	726.88M	638.2M	-
North America Growth	-	-	-	-	-6.49%	-3.80%	-13.51%	-10.79%	-12.20%	-
International	-	-	-	-	-	-	-	-	251.35M	-
International Growth	-	-	-	-	-	-	-	-	-	-
Europe	-	-	-	304.32M	293.23M	313.38M	297.91M	239.13M	-	-
Europe Growth	-	-	-	-	-3.64%	6.87%	-4.94%	-19.73%	-	-
G B	-	-	-	107.07M	94.56M	84.39M	65.82M	47.99M	-	-
G B Growth	-	-	-	-	-11.69%	-10.76%	-22.00%	-27.08%	-	-
All Others	-	-	-	55.47M	46.24M	38.26M	33.94M	26.85M	-	-
All Others Growth	-	-	-	-	-16.64%	-17.27%	-11.29%	-20.89%	-	-
Europe	229.15M	210.59M	239.22M	-	-	-	-	-	-	-
Europe Growth	-	-8.10%	13.60%	-	-	-	-	-	-	-
CANADA	54.28M	55.16M	64.1M	-	-	-	-	-	-	-
CANADA Growth	-	1.62%	16.21%	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

WW International, Inc. (WW) reported $718.9M in revenue for fiscal year 2024. This represents a 60% decrease from $1.82B in 2011.

WW International, Inc. (WW) saw revenue decline by 11.6% over the past year.

Yes, WW International, Inc. (WW) is profitable, generating $1.09B in net income for fiscal year 2024 (-44.0% net margin).

Dividend & Returns

WW International, Inc. (WW) had negative free cash flow of $27.9M in fiscal year 2024, likely due to heavy capital investments.