NYSE : WGO
Winnebago Industries, Inc. — Financial statements
Consumer Discretionary · Recreational Vehicles · United States
Last price 30.61 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 870.68M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Winnebago Industries, Inc. (WGO) reported revenue of 2.70B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.70B | 2.70B | 2.80B | 2.97B | 3.49B | 4.96B |
| Cost of Revenue | 2.35B | 2.35B | 2.43B | 2.54B | 2.90B | 4.03B |
| Gross Profit | 350.20M | 350.20M | 365.10M | 433.50M | 586.10M | 929.30M |
| Selling, General & Admin | 262.30M | 262.30M | 285.80M | 280.00M | 264.60M | 316.40M |
| Amortization of Goodwill & Intangibles | 21.70M | 21.70M | 22.10M | 23.00M | 17.70M | 29.40M |
| Operating Expenses | 284.00M | 284.00M | 307.90M | 303.00M | 282.30M | 345.80M |
| Operating Income | 66.20M | 66.20M | 57.20M | 130.50M | 303.80M | 583.50M |
| Interest Expense | -20.90M | -20.90M | -25.90M | -21.10M | -20.50M | -41.30M |
| Other Non Operating Income (Expenses) | -100.00K | -100.00K | 800.00K | -6.90M | -400.00K | 1.90M |
| EBT Excluding Unusual Items | 45.20M | 45.20M | 32.10M | 102.50M | 282.90M | 544.10M |
| Merger & Restructuring Charges | -3.10M | |||||
| Impairment of Goodwill | -30.30M | |||||
| Other Unusual Items | -800.00K | -800.00K | -2.00M | -33.80M | -600.00K | -29.40M |
| Pretax Income | 44.40M | 44.40M | 30.10M | 38.40M | 279.20M | 514.70M |
| Income Tax Expense | 9.90M | 9.90M | 4.40M | 25.40M | 63.30M | 124.10M |
| Net Income | 34.50M | 34.50M | 25.70M | 13.00M | 215.90M | 390.60M |
| Net Income to Common | 34.50M | 34.50M | 25.70M | 13.00M | 215.90M | 390.60M |
| Shares Outstanding (Basic) | 28.20M | 28.20M | 28.20M | 29.20M | 30.30M | 32.50M |
| Shares Outstanding (Diluted) | 28.40M | 28.40M | 28.30M | 29.50M | 35.40M | 33.00M |
| EPS (Basic) | 1.22 | 1.22 | 0.91 | 0.45 | 7.13 | 12.02 |
| EPS (Diluted) | 1.21 | 1.21 | 0.91 | 0.44 | 6.23 | 11.84 |
| Free Cash Flow | 144.60M | 144.60M | 89.50M | 98.90M | 211.30M | 312.60M |
| Free Cash Flow Per Share | 5.09 | 5.09 | 3.16 | 3.35 | 5.97 | 9.47 |
| Dividend Per Share | 1.41 | 1.41 | 1.36 | 1.24 | 1.08 | 0.72 |
| Gross Margin | 12.95% | 12.95% | 13.05% | 14.58% | 16.79% | 18.74% |
| Operating Margin | 2.45% | 2.45% | 2.04% | 4.39% | 8.70% | 11.77% |
| Profit Margin | 1.28% | 1.28% | 0.92% | 0.44% | 6.19% | 7.88% |
| Free Cash Flow Margin | 5.35% | 5.35% | 3.20% | 3.33% | 6.05% | 6.30% |
| EBITDA | 127.40M | 127.40M | 119.00M | 190.20M | 351.70M | 637.90M |
| EBITDA Margin | 4.71% | 4.71% | 4.25% | 6.40% | 10.08% | 12.87% |
| D&A For EBITDA | 61.20M | 61.20M | 61.80M | 59.70M | 47.90M | 54.40M |
| EBIT | 66.20M | 66.20M | 57.20M | 130.50M | 303.80M | 583.50M |
| EBIT Margin | 2.45% | 2.45% | 2.04% | 4.39% | 8.70% | 11.77% |
| Effective Tax Rate | 22.30% | 22.30% | 14.62% | 66.15% | 22.67% | 24.11% |
| Advertising Expenses | 16.80M | 16.80M | 20.90M | 21.90M | 21.30M | 23.30M |
Balance sheet
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 181.40M | 181.40M | 174.00M | 330.90M | 309.90M | 282.20M |
| Cash & Short-Term Investments | 181.40M | 181.40M | 174.00M | 330.90M | 309.90M | 282.20M |
| Accounts Receivable | 153.50M | 153.50M | 192.00M | 183.50M | 178.50M | 254.10M |
| Other Receivables | 4.00M | 4.00M | 7.30M | 6.80M | 10.70M | |
| Receivables | 157.50M | 157.50M | 199.30M | 190.30M | 189.20M | 254.10M |
| Inventory | 404.70M | 404.70M | 396.40M | 438.70M | 470.60M | 525.80M |
| Prepaid Expenses | 34.70M | 34.70M | 22.50M | 28.80M | 27.00M | 31.70M |
| Total Current Assets | 778.30M | 778.30M | 792.20M | 988.70M | 996.70M | 1.09B |
| Property, Plant & Equipment | 363.90M | 363.90M | 382.50M | 394.40M | 378.00M | 324.00M |
| Goodwill | 484.20M | 484.20M | 484.20M | 484.20M | 514.50M | 484.20M |
| Other Intangible Assets | 435.30M | 435.30M | 456.90M | 479.00M | 502.00M | 472.40M |
| Other Long-Term Assets | 39.80M | 39.80M | 38.60M | 37.90M | 41.20M | 42.30M |
| Total Assets | 2.10B | 2.10B | 2.15B | 2.38B | 2.43B | 2.42B |
| Accounts Payable | 174.10M | 174.10M | 129.30M | 144.70M | 146.90M | 217.50M |
| Accrued Expenses | 91.00M | 91.00M | 101.70M | 101.10M | 102.80M | 127.50M |
| Current Portion of Long-Term Debt | 59.10M | |||||
| Current Portion of Leases | 10.00M | 10.00M | 9.30M | 8.00M | 7.20M | 5.70M |
| Current Income Taxes Payable | 700.00K | |||||
| Other Current Liabilities | 84.10M | 84.10M | 86.80M | 91.80M | 139.10M | 170.70M |
| Total Current Liabilities | 359.20M | 359.20M | 327.10M | 404.70M | 396.00M | 522.10M |
| Long-Term Debt | 443.30M | 443.30M | 540.50M | 637.10M | 592.40M | 545.90M |
| Long-Term Leases | 40.70M | 40.70M | 45.60M | 53.40M | 49.70M | 47.10M |
| Pension & Post-Retirement Benefits | 4.30M | 4.30M | 5.10M | 6.60M | 7.90M | 8.10M |
| Long-Term Deferred Tax Liabilities | 12.30M | 12.30M | 5.90M | 3.00M | 11.70M | 6.10M |
| Other Long-Term Liabilities | 5.10M | 5.10M | 5.50M | 6.10M | 6.60M | 24.40M |
| Total Liabilities | 864.90M | 864.90M | 929.70M | 1.11B | 1.06B | 1.15B |
| Common Stock | 25.90M | 25.90M | 25.90M | 25.90M | 25.90M | 25.90M |
| Additional Paid-In Capital | 214.20M | 214.20M | 203.30M | 194.20M | 197.70M | 256.30M |
| Retained Earnings | 1.70B | 1.70B | 1.71B | 1.72B | 1.75B | 1.54B |
| Treasury Stock | -707.00M | -707.00M | -714.10M | -669.70M | -602.90M | -556.20M |
| Comprehensive Income & Other | -400.00K | -400.00K | -400.00K | -400.00K | -400.00K | -500.00K |
| Shareholders' Equity | 1.24B | 1.24B | 1.22B | 1.27B | 1.37B | 1.26B |
| Total Liabilities & Equity | 2.10B | 2.10B | 2.15B | 2.38B | 2.43B | 2.42B |
| Total Debt | 494.00M | 494.00M | 595.40M | 757.60M | 649.30M | 598.70M |
| Net Cash (Debt) | -312.60M | -312.60M | -421.40M | -426.70M | -339.40M | -316.50M |
| Net Cash Per Share | -11.01 | -11.01 | -14.89 | -14.46 | -9.59 | -9.59 |
| Filing Date Shares Outstanding | 28.44M | 28.44M | 28.21M | 28.92M | 29.89M | 30.51M |
| Total Common Shares Outstanding | 28.30M | 28.30M | 28.00M | 28.80M | 29.80M | 30.31M |
| Working Capital | 419.10M | 419.10M | 465.10M | 584.00M | 600.70M | 571.70M |
| Book Value Per Share | 43.70 | 43.70 | 43.74 | 44.21 | 45.91 | 41.67 |
| Tangible Book Value | 317.10M | 317.10M | 283.60M | 310.10M | 351.60M | 306.40M |
| Tangible Book Value Per Share | 11.20 | 11.20 | 10.13 | 10.77 | 11.80 | 10.11 |
| Land | 14.30M | 14.30M | 14.60M | 14.60M | 14.60M | 14.60M |
| Buildings | 282.10M | 282.10M | 279.30M | 279.30M | 247.30M | 171.00M |
| Machinery | 191.40M | 191.40M | 188.10M | 179.60M | 166.50M | 149.10M |
| Construction In Progress | 30.20M | 30.20M | 29.30M | 24.50M | 49.30M | 76.80M |
Cash flow statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 34.50M | 34.50M | 25.70M | 13.00M | 215.90M | 390.60M |
| Depreciation & Amortization | 61.20M | 61.20M | 61.80M | 59.70M | 47.90M | 54.40M |
| Other Amortization | 2.50M | 2.50M | 3.00M | 3.20M | 3.10M | 2.50M |
| Asset Writedown & Restructuring Costs | 1.60M | 1.60M | 4.10M | 30.30M | ||
| Stock-Based Compensation | 17.50M | 17.50M | 16.50M | 15.50M | 11.60M | 17.60M |
| Other Operating Activities | 3.30M | 3.30M | 4.50M | 35.70M | 3.90M | 47.30M |
| Change in Accounts Receivable | 38.50M | 38.50M | -8.20M | -5.20M | 76.70M | 1.90M |
| Change in Inventory | -8.40M | -8.40M | 40.50M | 27.20M | 63.80M | -171.30M |
| Change in Accounts Payable | 43.70M | 43.70M | -11.60M | -3.90M | -67.50M | 27.20M |
| Change in Income Taxes | 3.30M | 3.30M | 1.30M | 5.00M | -8.90M | -7.40M |
| Change in Other Net Operating Assets | -29.00M | -29.00M | -8.70M | -36.60M | -52.00M | 37.80M |
| Operating Cash Flow | 168.70M | 168.70M | 128.90M | 143.90M | 294.50M | 400.60M |
| Capital Expenditures | -24.10M | -24.10M | -39.40M | -45.00M | -83.20M | -88.00M |
| Sale of Property, Plant & Equipment | 5.60M | 5.60M | 2.20M | 400.00K | 400.00K | 200.00K |
| Cash Acquisitions | -87.50M | -228.20M | ||||
| Other Investing Activities | 2.40M | -1.30M | 300.00K | 300.00K | ||
| Investing Cash Flow | -18.50M | -18.50M | -34.80M | -45.90M | -170.00M | -315.70M |
| Long-Term Debt Issued | 3.00M | 3.00M | 48.80M | 2.65B | 3.72B | 4.74B |
| Long-Term Debt Repaid | -103.00M | -103.00M | -208.70M | -2.60B | -3.72B | -4.74B |
| Net Debt Issued (Repaid) | -100.00M | -100.00M | -159.90M | 56.20M | ||
| Repurchase of Common Stock | -1.70M | -1.70M | -53.70M | -74.50M | -55.10M | -214.30M |
| Common Dividends Paid | -39.90M | -39.90M | -38.90M | -36.80M | -33.20M | -23.80M |
| Other Financing Activities | -1.20M | -1.20M | 1.50M | -21.90M | -8.50M | 800.00K |
| Financing Cash Flow | -142.80M | -142.80M | -251.00M | -77.00M | -96.80M | -237.30M |
| Net Cash Flow | 7.40M | 7.40M | -156.90M | 21.00M | 27.70M | -152.40M |
| Free Cash Flow | 144.60M | 144.60M | 89.50M | 98.90M | 211.30M | 312.60M |
| Free Cash Flow Margin | 5.35% | 5.35% | 3.20% | 3.33% | 6.05% | 6.30% |
| Free Cash Flow Per Share | 5.09 | 5.09 | 3.16 | 3.35 | 5.97 | 9.47 |
| Levered Free Cash Flow | 137.51M | 137.51M | 80.56M | 78.67M | 152.96M | 250.04M |
| Unlevered Free Cash Flow | 148.07M | 148.07M | 93.75M | 88.66M | 162.68M | 273.36M |
| Cash Interest Paid | 22.30M | 22.30M | 29.50M | 29.00M | 24.20M | 23.80M |
| Cash Income Tax Paid | 900.00K | 900.00K | 2.50M | 14.40M | 57.80M | 139.70M |
| Change in Working Capital | 48.10M | 48.10M | 13.30M | -13.50M | 12.10M | -111.80M |
Ratios
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 870.68M | 865.03M | 1.01B | 1.73B | 1.92B | 1.94B |
| Enterprise Value | 1.18B | 1.29B | 1.58B | 2.16B | 2.33B | 2.29B |
| Last Close Price | 30.61 | 30.23 | 34.14 | 54.67 | 57.21 | 54.05 |
| PE Ratio | 25.30 | 25.07 | 39.24 | 132.88 | 8.91 | 4.98 |
| Forward PE | 15.50 | 14.02 | 17.06 | 11.70 | 8.89 | 6.22 |
| PS Ratio | 0.32 | 0.32 | 0.36 | 0.58 | 0.55 | 0.39 |
| PB Ratio | 0.70 | 0.70 | 0.82 | 1.36 | 1.41 | 1.54 |
| P/TBV Ratio | 2.75 | 2.73 | 3.56 | 5.57 | 5.47 | 6.34 |
| P/FCF Ratio | 6.02 | 5.98 | 11.27 | 17.47 | 9.10 | 6.22 |
| P/OCF Ratio | 5.16 | 5.13 | 7.82 | 12.01 | 6.53 | 4.85 |
| PEG Ratio | 0.57 | 0.57 | 0.57 | 0.57 | 0.57 | |
| EV/Sales Ratio | 0.44 | 0.48 | 0.56 | 0.73 | 0.67 | 0.46 |
| EV/EBITDA Ratio | 9.29 | 10.13 | 13.27 | 11.36 | 6.63 | 3.59 |
| EV/EBIT Ratio | 17.87 | 19.50 | 27.60 | 16.55 | 7.67 | 3.92 |
| EV/FCF Ratio | 8.18 | 8.93 | 17.64 | 21.84 | 11.03 | 7.32 |
| Debt / Equity Ratio | 0.40 | 0.40 | 0.49 | 0.59 | 0.47 | 0.47 |
| Debt / EBITDA Ratio | 3.52 | 3.52 | 4.53 | 3.75 | 1.79 | 0.92 |
| Debt / FCF Ratio | 3.42 | 3.42 | 6.65 | 7.66 | 3.07 | 1.92 |
| Net Debt / Equity Ratio | 0.25 | 0.25 | 0.34 | 0.34 | 0.25 | 0.25 |
| Net Debt / EBITDA Ratio | 2.45 | 2.45 | 3.54 | 2.24 | 0.96 | 0.50 |
| Net Debt / FCF Ratio | 2.16 | 2.16 | 4.71 | 4.31 | 1.61 | 1.01 |
| Asset Turnover | 1.27 | 1.27 | 1.23 | 1.24 | 1.44 | 2.21 |
| Inventory Turnover | 5.88 | 5.88 | 5.83 | 5.59 | 5.83 | 9.29 |
| Quick Ratio | 0.94 | 0.94 | 1.14 | 1.29 | 1.26 | 1.03 |
| Current Ratio | 2.17 | 2.17 | 2.42 | 2.44 | 2.52 | 2.10 |
| Return on Equity (ROE) | 2.80% | 2.80% | 2.06% | 0.98% | 16.41% | 33.67% |
| Return on Assets (ROA) | 1.94% | 1.94% | 1.57% | 3.39% | 7.83% | 16.28% |
| Return on Invested Capital (ROIC) | 3.21% | 3.22% | 2.92% | 2.59% | 14.29% | 32.02% |
| Return on Capital Employed (ROCE) | 3.80% | 3.80% | 3.10% | 6.60% | 14.90% | 30.80% |
| Earnings Yield | 3.95% | 3.99% | 2.55% | 0.75% | 11.23% | 20.09% |
| FCF Yield | 16.61% | 16.72% | 8.87% | 5.73% | 10.99% | 16.08% |
| Dividend Yield | 4.70% | 4.61% | 3.78% | 2.07% | 1.67% | 1.12% |
| Payout Ratio | 119.01% | 115.65% | 151.36% | 283.08% | 15.38% | 6.09% |
| Buyback Yield / Dilution | -0.35% | -0.35% | 4.07% | 16.67% | -7.27% | 3.23% |
| Total Shareholder Return | 4.35% | 4.26% | 7.84% | 18.73% | -5.60% | 4.35% |