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WABASH NATIONAL Corp

WNC

$11.13 ▼ -0.47 (-4.05%) at close

18 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

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Analytical Summary

WABASH NATIONAL Corp demonstrates solid fundamentals with strength in Return on Common Equity (%). However, watch Debt to Equity which shows concerning trends. Consider comparing against peers in the Industrials sector before making investment decisions.

Market Cap $462.0M

Dividend Yield 2.88%

Revenue Growth -20.8% ↗

Op. Margin 19.9% ↗

ROIC 28.4% ↗

FCF / Share $-0.31 ↘

Trailing P/E 2.2x

Price / Book 1.2x

FCF Yield —

Debt / Equity 1.21

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$1.54B

↓ -20.8% —

Net Income Profit after all expenses

$211.45M

↑ +174.4% —

Operating Margin Operating profit as % of sales

19.9%

↑ +209.0% 75th

FCF / Share Free cash flow per share

$-0.31

↓ -130.9% —

Long-Term Debt Long-term obligations

$442.85M

↑ +11.5% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)

Health Breakdown

Profitability ↑

Returns ↑

Financial Health →

Cash Quality ↑

Dividend History

Dividend / share · sourced from SEC filings

$0.32 Latest / share

+0.0% YoY

+20.4% 10-yr CAGR

FY 2014

FY 2015

$0.06

FY 2016

$0.26

FY 2017

$0.30

FY 2018

$0.32

FY 2019

$0.32

FY 2020

$0.32

FY 2021

$0.32

FY 2022

$0.32

FY 2023

$0.32

FY 2024

$0.32

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	-20.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-515%)	-23.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-565%)	1.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-73%)	38.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+675%)	21.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+334%)	-36.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-822%)	2.3% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-54%)	28.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+466%)	-4.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-185%)	-9.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-280%)	8.8% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+76%)	13.9% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+178%)	11.9% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+138%)	23.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+363%)	85.4% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1608%)	89.5% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1691%)	—	—
EPS Growth YoY (%)	N/M	N/M	113.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	11450.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	34.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-35.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	0.5% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	20.6% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	76.1% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	31.3% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	-56.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	595.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	N/M	N/M	106.0% Excellent Excellent Year-over-year change in net income	9544.2% Excellent Excellent Year-over-year change in net income	N/M	N/M	29.0% Excellent ↑ Excellent Improving Year-over-year change in net income	-37.7% Weak ↓ Weak Declining Year-over-year change in net income	-6.7% Weak ↓ Weak Declining Year-over-year change in net income	14.5% Fair ↓ Fair Declining Year-over-year change in net income	71.2% Excellent ↓ Excellent Declining Year-over-year change in net income	31.0% Excellent ↓ Excellent Declining Year-over-year change in net income	-56.0% Weak ↓ Weak Declining Year-over-year change in net income	602.2% Excellent Excellent Year-over-year change in net income	N/M	-39.3% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	N/M	-78.4% Weak Weak Year-over-year change in free cash flow	242.0% Excellent Excellent Year-over-year change in free cash flow	N/M	N/M	-1.1% Weak ↑ Weak Improving Year-over-year change in free cash flow	44.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-30.9% Weak Weak Year-over-year change in free cash flow	-19.8% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	-14.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	2.6% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	19.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	2.6% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-7.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-5.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	7.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	3.8% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	-1.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	4.1% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	11.5% Good ↓ Good Declining Compound annual revenue growth over 3 years	16.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	36.7% Excellent Excellent Compound annual revenue growth over 3 years	63.0% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	0.8% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-3.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	2.3% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	7.2% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	-0.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-6.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	4.5% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.7% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	3.9% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	9.2% Good ↓ Good Declining Compound annual revenue growth over 5 years	25.9% Excellent Excellent Compound annual revenue growth over 5 years	40.7% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	30.1% Excellent Excellent Compound annual EPS growth over 3 years	—	—	12.1% Good ↑ Good Improving Compound annual EPS growth over 3 years	-74.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	—	-4.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-7.7% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	28.8% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	40.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	0.4% Caution Caution Compound annual EPS growth over 3 years	58.7% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	19.9% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+66%)	-18.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-252%)	12.3% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	6.7% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	1.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-84%)	-5.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-148%)	6.2% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-49%)	4.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-59%)	7.4% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	11.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-9%)	8.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-26%)	6.6% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-45%)	6.3% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-47%)	4.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-60%)	1.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	-2.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-120%)	-19.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-263%)	—
Effective Tax Rate (%) (%)	25.3% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.8% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.3% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.0% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	13.7% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+71%)	-14.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-282%)	9.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+14%)	4.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	0.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-99%)	-6.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-182%)	3.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-52%)	3.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	6.3% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	6.5% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	5.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	3.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-59%)	2.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-64%)	7.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-10%)	1.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-84%)	-22.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-377%)	-30.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-477%)	—
FCF Margin (%) (%)	-0.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.7% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-3.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.7% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	8.6% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—	—	6.7% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-0.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-5.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-2.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-0.06x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.16x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.96x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-48.60x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.07x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.21x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.13x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.06x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	1.33x Good Good Free cash flow relative to reported net income Optimal: > 1x	—	—	2.37x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.58x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.56x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.23x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.08x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	28.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-45.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	25.9% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	16.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	4.0% Caution → Caution Stable Return earned on debt + equity capital invested Optimal: > 10%	-9.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	11.6% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	8.9% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	9.7% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	22.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	19.9% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	13.5% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	12.0% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	8.1% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	7.4% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-6.6% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-97.6% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	26.3% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	-25.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	22.9% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	13.8% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	3.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-7.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.9% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	8.5% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	9.7% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	22.5% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	19.0% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	13.2% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	11.2% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	7.8% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	5.1% Caution Caution Operating profit relative to total assets Optimal: > 10%	-5.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	57.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+284%)	-150.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1103%)	42.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+181%)	28.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+88%)	0.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-98%)	-24.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-260%)	17.2% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+15%)	14.7% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	22.0% Excellent → Excellent Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+47%)	25.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+69%)	23.7% Excellent → Excellent Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+58%)	15.6% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	14.4% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	39.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+162%)	10.3% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-31%)	-109.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-832%)	-190.3% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1368%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	1.21x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+72%)	2.10x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+200%)	0.72x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	1.00x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+42%)	1.32x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+88%)	1.11x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+58%)	0.87x Fair → Fair Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+25%)	1.08x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+54%)	1.10x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+57%)	0.49x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.63x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-11%)	0.83x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+19%)	1.11x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+59%)	1.55x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+122%)	0.44x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-37%)	0.43x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-39%)	—	—
Interest Coverage (x)	15.30x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	-18.96x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	15.71x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	8.12x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	1.45x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-3.54x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	5.22x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	3.86x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	7.98x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	12.93x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	9.23x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.52x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	3.92x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	3.24x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	4.78x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	-3.72x Weak Weak Operating income divided by interest expense Optimal: > 5x	-15.09x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$410.93M	$281.66M	$217.19M	$337.57M	$356.54M	$230.30M	$314.87M	$378.01M	$365.71M	$70.00M	$96.49M	$178.66M	$245.63M	$335.40M	$45.02M	$33.80M	$-1.11M	$-29.77M
Debt / EBITDA (x)	1.25x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.28x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.15x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.00x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.20x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-7.51x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.77x Fair → Fair Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.86x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.74x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.06x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.40x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.33x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.00x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.88x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.00x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-3.57x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$37.16	$43.89	$53.96	$51.46	$35.58	$27.99	$42.40	$39.78	$29.77	$28.96	—	—	—	—	$17.44	—	—	—
Basic EPS, GAAP (USD)	$5.09	$-6.40	$4.92	$2.31	$0.02	$-1.84	$1.64	$1.22	$1.88	$1.87	$1.55	$0.88	$0.67	$1.53	$0.22	—	—	—
Free Cash Flow per Share (USD)	$-0.31	$1.02	$4.71	$1.38	$-1.12	$1.96	$1.99	$1.38	$1.99	$2.49	—	—	—	—	$-0.12	—	—	—
Dividend per Share (USD)	$0.32	$0.32	$0.32	$0.32	$0.32	$0.32	$0.32	$0.30	$0.26	$0.06	—	—	—	—	—	—	—	—
Book Value per Share (USD)	$9.08	$4.40	$12.11	$8.34	$6.65	$7.71	$9.74	$8.59	$8.79	$7.86	$6.77	$5.66	$4.70	$3.93	$2.15	$1.90	—	—
Tangible Book Value per Share (USD)	$2.78	$-1.73	$6.05	$2.31	$0.46	$0.73	$0.38	$-0.86	$-0.84	$3.82	$2.70	$1.51	$0.19	$-0.73	$1.86	$1.56	—	—
Basic Weighted Avg Shares (shares)	41.51M	44.36M	47.01M	48.63M	50.68M	52.95M	54.70M	57.00M	59.36M	63.73M	67,201	68,895	68,460	68,325	68.09M	—	—	—
Dividend Payout Ratio (%)	6.3% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-5.0% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	6.5% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	13.9% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	1600.0% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-17.4% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	19.5% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	25.0% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	13.6% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	3.2% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$116.79M	$286.08M	$329.14M	$245.15M	$240.38M	$310.01M	$282.01M	$277.74M	$292.72M	$314.79M	$318.43M	$298.80M	$241.78M	$221.40M	$95.53M	$61.43M	—	—
LT Debt (USD)	$442.85M	$397.14M	$396.46M	$395.82M	$428.31M	$447.98M	$455.39M	$510.70M	$557.23M	$233.47M	$275.34M	$324.78M	$358.89M	$416.85M	$65.00M	$55.00M	—	—
Total Equity (USD)	$367.36M	$188.83M	$549.50M	$397.61M	$325.54M	$404.88M	$520.99M	$473.85M	$506.06M	$472.39M	$439.81M	$390.83M	$322.38M	$268.73M	$146.35M	$129.03M	$53.48M	$153.44M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$1.54B	$1.95B	$2.54B	$2.50B	$1.80B	$1.48B	$2.32B	$2.27B	$1.77B	$1.85B	$2.03B	$1.86B	$1.64B	$1.46B	$1.19B	$640.37M	$337.84M	—
Depreciation Expense (USD)	$47.55M	$45.01M	$32.51M	$31.76M	$25.98M	$25.99M	$21.89M	$21.21M	$18.01M	$16.83M	$16.74M	$16.95M	$16.55M	$14.97M	$12.64M	—	—	—
Net Income, GAAP (USD)	$211.45M	$-284.07M	$231.25M	$112.26M	$1.16M	$-97.41M	$89.58M	$69.42M	$111.42M	$119.43M	$104.29M	$60.93M	$46.53M	$105.63M	$15.04M	$-141.76M	$-101.77M	—
Operating Cash Flow (USD)	$11.67M	$117.27M	$319.61M	$124.08M	$-7.47M	$124.13M	$146.28M	$112.47M	$144.38M	$178.75M	—	—	$128.67M	$76.02M	$-1.17M	$-30.31M	$-6.98M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 18 years · 69 quarters

WABASH NATIONAL Corp

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