Winnebago Industries (WGO) Financials

$32.54 -0.49 (-1.49%)

Closing price 05/5/2025 03:59 PM Eastern

Extended Trading

$32.50 -0.04 (-0.11%)

As of 04:51 AM Eastern

Annual Income Statements for Winnebago Industries

This table shows Winnebago Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	8/30/2014	8/29/2015	8/27/2016	8/26/2017	8/25/2018	8/31/2019	8/29/2020	8/28/2021	8/27/2022	8/26/2023	8/31/2024
Net Income / (Loss) Attributable to Common Shareholders	45	41	45	71	102	112	61	282	391	216	13
Consolidated Net Income / (Loss)	45	41	45	71	102	112	61	282	391	216	13
Net Income / (Loss) Continuing Operations	45	41	45	71	102	112	61	282	391	216	13
Total Pre-Tax Income	65	60	66	109	143	139	77	368	515	279	38
Total Operating Income	64	59	66	125	160	155	114	407	584	301	100
Total Gross Profit	104	105	113	223	300	307	313	650	929	586	434
Total Revenue	945	977	975	1,547	2,017	1,986	2,356	3,630	4,958	3,491	2,974
Operating Revenue	945	977	975	1,547	2,017	1,986	2,356	3,630	4,958	3,491	2,974
Total Cost of Revenue	841	872	863	1,325	1,717	1,678	2,043	2,979	4,028	2,905	2,540
Operating Cost of Revenue	841	872	863	1,325	1,717	1,678	2,043	2,979	4,028	2,905	2,540
Total Operating Expenses	40	45	47	97	139	152	199	243	346	285	333
Selling, General & Admin Expense	22	30	33	98	130	142	177	229	316	268	280
Amortization Expense	-	0.00	0.00	25	9.33	9.64	22	14	29	18	23
Impairment Charge	-	-	-	-	-	-	-	-	0.00	0.00	30
Total Other Income / (Expense), net	0.77	0.12	0.46	-17	-18	-16	-36	-40	-69	-22	-62
Interest Expense	-	0.00	0.00	17	18	18	37	40	41	21	21
Other Income / (Expense), net	0.77	0.12	0.46	0.33	0.49	1.58	0.97	0.50	-28	-1.00	-41
Income Tax Expense	20	18	21	37	40	27	16	86	124	63	25
Basic Earnings per Share	$1.64	$1.53	$1.69	$2.33	$3.24	$3.55	$1.85	$8.41	$12.03	$7.12	$0.44
Weighted Average Basic Shares Outstanding	27.43M	26.94M	26.93M	30.65M	31.60M	31.54M	33.24M	33.50M	32.50M	30.30M	29.20M
Diluted Earnings per Share	$1.64	$1.52	$1.68	$2.32	$3.22	$3.52	$1.84	$8.28	$11.84	$6.23	$0.44
Weighted Average Diluted Shares Outstanding	27.55M	27.05M	27.03M	30.77M	31.81M	31.72M	33.45M	34.10M	33M	35.40M	29.50M
Weighted Average Basic & Diluted Shares Outstanding	27.50M	26.90M	26.90M	30.60M	31.60M	31.63M	33.76M	33.46M	30.51M	29.89M	28.92M
Cash Dividends to Common per Share	$0.00	$0.36	$0.40	$0.40	$0.40	$0.43	$0.45	$0.66	$0.81	$1.12	$1.27

This table shows Winnebago Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	8/27/2022	11/26/2022	2/25/2023	5/27/2023	8/26/2023	11/25/2023	2/24/2024	5/25/2024	8/31/2024	11/30/2024	3/1/2025
Net Income / (Loss) Attributable to Common Shareholders	83	60	53	59	44	26	-13	29	-29	-5.20	-0.40
Consolidated Net Income / (Loss)	83	60	53	59	44	26	-13	29	-29	-5.20	-0.40
Net Income / (Loss) Continuing Operations	83	60	53	59	44	26	-13	29	-29	-5.20	-0.40
Total Pre-Tax Income	111	80	70	75	55	34	-5.60	36	-26	-6.70	-0.40
Total Operating Income	124	86	77	81	58	39	35	44	-18	-0.90	7.80
Total Gross Profit	210	160	147	151	128	116	105	118	94	77	83
Total Revenue	1,179	952	867	901	771	763	704	786	721	626	620
Operating Revenue	1,179	952	867	901	771	763	704	786	721	626	620
Total Cost of Revenue	969	792	720	749	644	647	598	668	627	549	537
Operating Cost of Revenue	969	792	720	749	644	647	598	668	627	549	537
Total Operating Expenses	87	75	70	71	70	77	70	75	112	78	75
Selling, General & Admin Expense	82	71	66	67	64	71	64	69	76	72	70
Amortization Expense	5.20	3.80	3.80	4.40	5.70	5.60	5.70	5.60	6.10	5.60	5.60
Total Other Income / (Expense), net	-13	-6.20	-7.10	-5.40	-2.80	-4.70	-41	-8.00	-8.10	-5.80	-8.20
Interest Expense	10	5.90	5.30	5.20	4.10	4.10	5.30	5.80	5.90	5.80	6.80
Other Income / (Expense), net	-2.80	-0.30	-1.80	-0.20	1.30	-0.60	-36	-2.20	-2.20	0.00	-1.40
Income Tax Expense	28	20	17	16	11	8.60	7.10	6.50	3.20	-1.50	0.00
Basic Earnings per Share	$2.67	$1.98	$1.73	$1.95	$1.46	$0.87	($0.43)	$0.99	($0.99)	($0.18)	($0.02)
Weighted Average Basic Shares Outstanding	32.50M	30.40M	30.50M	30.40M	30.30M	29.60M	29.20M	29.20M	29.20M	28.60M	28.10M
Diluted Earnings per Share	$2.68	$1.73	$1.52	$1.71	$1.27	$0.78	($0.43)	$0.96	($0.87)	($0.18)	($0.02)
Weighted Average Diluted Shares Outstanding	33M	35.50M	35.50M	35.40M	35.40M	34.70M	29.20M	30.40M	29.50M	28.60M	28.10M
Weighted Average Basic & Diluted Shares Outstanding	30.51M	30.54M	30.56M	30.21M	29.89M	29.24M	29.27M	28.95M	28.92M	28.40M	28.03M
Cash Dividends to Common per Share	-	-	$0.27	$0.54	-	-	$0.31	$0.62	-	-	$0.34

This table details how cash moves in and out of Winnebago Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	8/30/2014	8/29/2015	8/27/2016	8/26/2017	8/25/2018	8/31/2019	8/29/2020	8/28/2021	8/27/2022	8/26/2023	8/31/2024
Net Change in Cash & Equivalents	-6.47	12	15	-50	-34	35	255	142	-152	28	21
Net Cash From Operating Activities	23	45	53	97	83	134	270	237	401	295	144
Net Cash From Continuing Operating Activities	23	45	53	97	83	134	270	237	401	297	144
Net Income / (Loss) Continuing Operations	45	41	45	71	102	112	61	282	391	216	13
Consolidated Net Income / (Loss)	45	41	45	71	102	112	61	282	391	216	13
Depreciation Expense	4.00	4.51	5.75	7.32	9.85	14	16	18	24	29	36
Amortization Expense	-	0.00	0.00	26	12	11	29	17	32	21	26
Non-Cash Adjustments To Reconcile Net Income	-35	7.19	4.45	4.70	11	9.32	12	32	70	1.10	68
Changes in Operating Assets and Liabilities, net	8.94	-7.73	-2.94	-12	-51	-12	151	-112	-116	30	0.90
Net Cash From Investing Activities	-5.37	-17	-23	-405	-112	-39	-293	-33	-316	-170	-46
Net Cash From Continuing Investing Activities	-5.37	-17	-23	-405	-112	-39	-293	-33	-316	-170	-46
Purchase of Property, Plant & Equipment	-10	-17	-25	-14	-29	-41	-32	-45	-88	-83	-45
Acquisitions	-	0.00	0.00	-392	-81	-0.70	-261	0.00	-228	-88	0.00
Sale of Property, Plant & Equipment	-	-	-	0.22	0.34	0.15	0.00	13	0.20	0.40	0.40
Other Investing Activities, net	2.76	0.06	1.16	0.86	-2.23	2.48	0.27	-0.60	0.30	0.30	-1.30
Net Cash From Financing Activities	-24	-16	-14	259	-5.19	-60	278	-62	-237	-97	-77
Net Cash From Continuing Financing Activities	-24	-16	-14	259	-5.19	-60	278	-62	-237	-97	-77
Repayment of Debt	-0.08	-22	-0.05	-94	-207	-930	-2,464	-3,626	-4,735	-3,718	-2,674
Repurchase of Common Equity	-26	-6.52	-3.07	-1.53	-6.48	-8.17	-1.84	-48	-214	-55	-75
Payment of Dividends	0.00	-9.77	-11	-13	-13	-14	-15	-16	-24	-33	-37
Issuance of Debt	-	22	0.00	366	221	893	2,787	3,628	4,736	3,718	2,684
Other Financing Activities, net	2.08	-	-	-	0.00	0.00	-71	0.00	0.00	-8.70	25
Cash Interest Paid	0.00	0.01	0.00	12	17	15	17	24	24	24	29
Cash Income Taxes Paid	14	18	18	21	26	37	3.67	89	140	58	14

This table details how cash moves in and out of Winnebago Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	8/27/2022	11/26/2022	2/25/2023	5/27/2023	8/26/2023	11/25/2023	2/24/2024	5/25/2024	8/31/2024	11/30/2024	3/1/2025
Net Change in Cash & Equivalents	44	-11	-42	-3.40	84	-90	46	52	13	-68	-147
Net Cash From Operating Activities	155	30	-13	140	138	-21	25	99	41	-17	-11
Net Cash From Continuing Operating Activities	155	30	-13	141	140	-21	25	99	41	-17	-10
Net Income / (Loss) Continuing Operations	83	60	53	59	44	26	-13	29	-29	-5.20	-0.40
Consolidated Net Income / (Loss)	83	60	53	59	44	26	-13	29	-29	-5.20	-0.40
Depreciation Expense	7.20	6.60	6.70	7.60	8.30	8.10	8.50	8.90	10	9.70	9.40
Amortization Expense	5.90	4.60	4.50	5.20	6.50	6.40	6.50	6.40	6.90	6.40	6.40
Non-Cash Adjustments To Reconcile Net Income	16	4.50	5.70	-10	1.30	5.50	37	-12	38	5.30	7.30
Changes in Operating Assets and Liabilities, net	44	-46	-83	79	80	-67	-14	67	15	-33	-33
Net Cash From Investing Activities	-24	-27	-22	-106	-16	-15	-11	-11	-9.50	-8.00	-7.20
Net Cash From Continuing Investing Activities	-24	-27	-22	-106	-16	-15	-11	-11	-9.50	-8.00	-7.20
Purchase of Property, Plant & Equipment	-25	-28	-22	-19	-15	-12	-11	-11	-11	-10	-8.40
Other Investing Activities, net	0.30	0.70	0.10	-	-0.50	-2.90	0.20	-0.20	1.60	2.00	1.20
Net Cash From Financing Activities	-87	-13	-7.80	-37	-39	-54	32	-36	-18	-44	-129
Net Cash From Continuing Financing Activities	-87	-13	-7.80	-37	-39	-54	32	-36	-18	-44	-129
Repayment of Debt	-1,314	-1,475	-333	-1,032	-878	-781	-1,046	-848	0.80	0.10	-100
Repurchase of Common Equity	-80	-4.50	-0.40	-20	-30	-44	-	-20	-10	-34	-20
Payment of Dividends	-5.70	-8.50	-8.30	-8.30	-8.10	-9.60	-9.10	-9.10	-9.00	-10	-9.60
Cash Interest Paid	9.50	2.30	9.80	2.50	9.60	2.50	11	0.70	15	0.70	16
Cash Income Taxes Paid	42	-1.30	43	13	2.90	0.00	11	1.80	1.80	-0.10	1.70

This table presents Winnebago Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	8/30/2014	8/29/2015	8/27/2016	8/26/2017	8/25/2018	8/31/2019	8/29/2020	8/28/2021	8/27/2022	8/26/2023	8/31/2024
Total Assets	358	362	391	903	1,052	1,104	1,714	2,063	2,417	2,432	2,384
Total Current Assets	272	266	281	314	372	411	714	1,059	1,094	997	989
Cash & Equivalents	58	70	86	36	2.34	37	293	435	282	310	331
Accounts Receivable	70	67	66	125	165	158	221	254	254	179	184
Inventories, net	113	112	123	142	195	201	183	341	526	471	439
Prepaid Expenses	5.72	6.88	6.30	11	9.88	14	17	29	32	38	36
Plant, Property, & Equipment, net	25	37	56	72	101	128	175	191	276	327	339
Total Noncurrent Assets	61	59	54	517	579	566	825	812	1,047	1,108	1,057
Goodwill	1.23	1.23	1.20	243	274	275	348	348	484	515	484
Intangible Assets	-	-	0.00	228	266	256	405	390	472	502	479
Other Noncurrent Operating Assets	36	35	34	33	39	35	72	74	90	92	93
Total Liabilities & Shareholders' Equity	358	362	391	903	1,052	1,104	1,714	2,063	2,417	2,432	2,384
Total Liabilities	166	141	122	461	517	472	886	1,006	1,154	1,064	1,111
Total Current Liabilities	100	82	93	167	204	198	300	407	522	396	405
Short-Term Debt	-	-	0.00	2.85	0.00	8.89	-	-	-	0.00	59
Accounts Payable	33	33	44	79	81	82	132	180	218	147	145
Accrued Expenses	22	22	23	44	63	69	100	122	198	176	130
Dividends Payable	-	-	-	-	-	-	-	11	13	14	15
Current Employee Benefit Liabilities	21	18	20	25	29	20	37	68	72	36	36
Other Current Liabilities	21	6.24	5.81	6.12	12	14	22	19	21	23	20
Total Noncurrent Liabilities	66	60	29	294	313	274	586	598	632	668	706
Long-Term Debt	-	-	0.00	272	291	245	513	529	546	592	637
Noncurrent Deferred & Payable Income Tax Liabilities	3.02	2.51	2.46	1.61	6.20	16	22	20	12	18	8.40
Other Noncurrent Operating Liabilities	-	-	0.00	1.08	0.25	0.37	40	40	66	50	61
Commitments & Contingencies	0.00	0.00	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	193	221	268	442	534	632	827	1,057	1,263	1,368	1,273
Total Preferred & Common Equity	193	221	268	442	534	632	827	1,057	1,263	1,368	1,273
Preferred Stock	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	193	221	268	442	534	632	827	1,057	1,263	1,368	1,273
Common Stock	58	58	59	106	112	117	230	244	282	224	220
Retained Earnings	554	586	621	679	769	867	914	1,173	1,538	1,748	1,723
Treasury Stock	-418	-421	-422	-343	-347	-351	-315	-360	-556	-603	-670
Accumulated Other Comprehensive Income / (Loss)	-1.81	-2.27	11	-1.02	0.89	-0.49	-0.53	-0.49	-0.50	-0.40	-0.40

This table presents Winnebago Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	5/28/2022	11/26/2022	2/25/2023	5/27/2023	11/25/2023	2/24/2024	5/25/2024	11/30/2024	3/1/2025
Total Assets	2,427	2,394	2,445	2,413	2,369	2,434	2,425	2,298	2,194
Total Current Assets	1,119	1,054	1,090	972	935	1,002	984	908	812
Cash & Equivalents	238	272	229	226	220	266	318	263	116
Accounts Receivable	374	203	281	205	188	234	199	171	202
Inventories, net	486	553	540	518	494	466	442	436	460
Prepaid Expenses	21	26	39	23	33	36	25	39	35
Plant, Property, & Equipment, net	256	295	310	320	331	334	336	338	337
Total Noncurrent Assets	1,052	1,045	1,046	1,121	1,103	1,098	1,106	1,052	1,045
Goodwill	484	484	484	515	515	515	515	484	484
Intangible Assets	478	469	465	508	496	491	485	473	468
Other Noncurrent Operating Assets	90	89	90	91	92	90	97	94	93
Total Liabilities & Shareholders' Equity	2,427	2,394	2,445	2,413	2,369	2,434	2,425	2,298	2,194
Total Liabilities	1,163	1,105	1,108	1,052	1,015	1,109	1,107	1,058	978
Total Current Liabilities	536	436	435	397	347	353	402	352	374
Short-Term Debt	-	-	-	-	-	-	59	59	59
Accounts Payable	230	133	165	133	123	138	134	114	145
Accrued Expenses	143	145	150	135	159	152	126	120	116
Dividends Payable	14	8.20	4.60	17	7.80	3.90	20	12	3.90
Current Employee Benefit Liabilities	64	57	42	38	34	38	38	30	34
Other Current Liabilities	74	72	73	73	23	21	22	18	16
Total Noncurrent Liabilities	627	669	673	654	668	756	705	706	604
Long-Term Debt	541	590	591	592	593	695	636	638	539
Noncurrent Deferred & Payable Income Tax Liabilities	15	5.80	6.00	6.50	19	6.60	6.00	9.30	8.30
Other Noncurrent Operating Liabilities	62	65	68	48	48	47	56	59	56
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,264	1,289	1,337	1,361	1,354	1,325	1,318	1,240	1,216
Total Preferred & Common Equity	1,264	1,289	1,337	1,361	1,354	1,325	1,318	1,240	1,216
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,264	1,289	1,337	1,361	1,354	1,325	1,318	1,240	1,216
Common Stock	278	217	220	221	222	214	217	220	225
Retained Earnings	1,463	1,627	1,671	1,713	1,774	1,752	1,762	1,718	1,708
Treasury Stock	-477	-555	-553	-573	-642	-641	-661	-698	-716
Accumulated Other Comprehensive Income / (Loss)	-0.46	-0.50	-0.40	-0.40	-0.40	-0.40	-0.40	-0.40	-0.40

This table displays calculated financial ratios and metrics derived from Winnebago Industries' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	8/30/2014	8/29/2015	8/27/2016	8/26/2017	8/25/2018	8/31/2019	8/29/2020	8/28/2021	8/27/2022	8/26/2023	8/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.68%	3.32%	-0.13%	58.64%	30.36%	-1.54%	18.63%	54.10%	36.58%	-29.59%	-14.82%
EBITDA Growth	37.74%	-6.74%	12.33%	121.02%	14.63%	-0.27%	-11.86%	176.50%	38.17%	-42.87%	-65.31%
EBIT Growth	43.43%	-7.95%	11.19%	89.49%	28.26%	-2.51%	-26.85%	255.51%	36.31%	-46.10%	-80.15%
NOPAT Growth	41.51%	-7.61%	9.85%	81.87%	40.07%	8.57%	-27.62%	245.49%	41.70%	-47.49%	-85.41%
Net Income Growth	41.00%	-8.53%	10.40%	56.78%	43.50%	9.22%	-45.04%	358.81%	38.56%	-44.73%	-93.98%
EPS Growth	45.13%	-7.32%	10.53%	38.10%	38.79%	9.32%	-47.73%	350.00%	43.00%	-47.38%	-92.94%
Operating Cash Flow Growth	126.96%	94.45%	16.74%	84.14%	-14.19%	60.48%	102.19%	-12.25%	68.82%	-26.49%	-51.14%
Free Cash Flow Firm Growth	2,882.62%	82.14%	-48.10%	-3,280.69%	93.28%	450.29%	-205.55%	290.86%	-67.35%	66.63%	-58.28%
Invested Capital Growth	29.33%	11.69%	21.25%	273.98%	20.95%	3.21%	22.79%	10.90%	32.54%	8.09%	-0.67%
Revenue Q/Q Growth	3.47%	0.53%	1.27%	14.14%	4.20%	-0.29%	9.66%	8.95%	2.97%	-10.47%	-1.66%
EBITDA Q/Q Growth	3.72%	-1.70%	3.50%	21.22%	2.85%	-0.96%	23.11%	11.96%	0.78%	-14.71%	-38.71%
EBIT Q/Q Growth	4.87%	-2.14%	3.37%	24.29%	1.45%	-0.60%	26.31%	14.37%	0.11%	-17.14%	-56.98%
NOPAT Q/Q Growth	5.37%	-2.96%	2.97%	22.65%	4.08%	2.19%	24.44%	14.10%	0.14%	-16.62%	-73.22%
Net Income Q/Q Growth	5.41%	-2.86%	3.24%	19.78%	4.99%	1.89%	20.83%	17.34%	-0.39%	-15.23%	-84.87%
EPS Q/Q Growth	5.81%	-3.18%	3.70%	16.58%	4.21%	1.73%	16.46%	17.45%	1.63%	-18.46%	-82.95%
Operating Cash Flow Q/Q Growth	-15.08%	42.97%	-9.63%	9.93%	-8.20%	27.16%	26.76%	-7.29%	19.74%	-5.55%	-40.36%
Free Cash Flow Firm Q/Q Growth	-6.82%	70.83%	-25.91%	2.78%	-138.00%	638.29%	36.73%	-14.58%	3,345.01%	-7.33%	-70.86%
Invested Capital Q/Q Growth	0.70%	-6.70%	-2.62%	-0.25%	14.53%	-1.07%	-4.71%	1.81%	-2.63%	-4.55%	-3.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	11.00%	10.74%	11.55%	14.39%	14.87%	15.47%	13.28%	17.92%	18.74%	16.79%	14.58%
EBITDA Margin	7.27%	6.56%	7.38%	10.28%	9.04%	9.15%	6.80%	12.20%	12.35%	10.02%	4.08%
Operating Margin	6.76%	6.08%	6.74%	8.09%	7.95%	7.82%	4.83%	11.22%	11.77%	8.61%	3.37%
EBIT Margin	6.84%	6.10%	6.79%	8.11%	7.98%	7.90%	4.87%	11.24%	11.21%	8.59%	2.00%
Profit (Net Income) Margin	4.77%	4.22%	4.67%	4.61%	5.08%	5.63%	2.61%	7.77%	7.88%	6.19%	0.44%
Tax Burden Percent	69.66%	69.22%	68.73%	65.68%	71.76%	80.48%	79.51%	76.71%	75.89%	77.33%	33.85%
Interest Burden Percent	100.00%	100.00%	100.00%	86.58%	88.66%	88.56%	67.35%	90.10%	92.57%	93.16%	64.54%
Effective Tax Rate	30.34%	30.78%	31.27%	34.32%	28.24%	19.52%	20.49%	23.29%	24.11%	22.67%	66.15%
Return on Invested Capital (ROIC)	37.21%	28.80%	27.10%	18.97%	15.24%	14.88%	9.52%	28.29%	32.78%	14.51%	2.05%
ROIC Less NNEP Spread (ROIC-NNEP)	36.35%	28.67%	26.69%	5.09%	10.47%	9.75%	-3.64%	9.44%	5.41%	8.71%	-4.14%
Return on Net Nonoperating Assets (RNNOA)	-12.42%	-8.87%	-8.50%	1.12%	5.73%	4.29%	-1.10%	1.63%	0.89%	1.90%	-1.06%
Return on Equity (ROE)	24.79%	19.92%	18.60%	20.09%	20.97%	19.17%	8.42%	29.92%	33.67%	16.41%	0.98%
Cash Return on Invested Capital (CROIC)	11.63%	17.75%	7.89%	-96.63%	-3.72%	11.72%	-10.94%	17.96%	4.80%	6.74%	2.71%
Operating Return on Assets (OROA)	19.38%	16.53%	17.59%	19.40%	16.46%	14.55%	8.14%	21.60%	24.83%	12.36%	2.47%
Return on Assets (ROA)	13.50%	11.44%	12.09%	11.03%	10.48%	10.37%	4.36%	14.93%	17.44%	8.90%	0.54%
Return on Common Equity (ROCE)	24.79%	19.92%	18.60%	20.09%	20.97%	19.17%	8.42%	29.92%	33.67%	16.41%	0.98%
Return on Equity Simple (ROE_SIMPLE)	23.37%	18.65%	16.95%	16.15%	19.15%	17.68%	7.43%	26.67%	30.93%	15.78%	1.02%
Net Operating Profit after Tax (NOPAT)	45	41	45	82	115	125	90	313	443	233	34
NOPAT Margin	4.71%	4.21%	4.63%	5.31%	5.71%	6.29%	3.84%	8.61%	8.93%	6.66%	1.14%
Net Nonoperating Expense Percent (NNEP)	0.86%	0.12%	0.40%	13.89%	4.77%	5.13%	13.16%	18.85%	27.38%	5.80%	6.19%
Cost of Revenue to Revenue	89.00%	89.26%	88.45%	85.61%	85.13%	84.53%	86.72%	82.08%	81.26%	83.21%	85.42%
SG&A Expenses to Revenue	2.37%	3.06%	3.41%	6.31%	6.45%	7.17%	7.52%	6.30%	6.38%	7.67%	9.42%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4.24%	4.66%	4.81%	6.30%	6.91%	7.65%	8.46%	6.69%	6.98%	8.18%	11.21%
Earnings before Interest and Taxes (EBIT)	65	60	66	125	161	157	115	408	556	300	60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	69	64	72	159	182	182	160	443	612	350	121
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.02	2.20	2.16	2.26	2.03	1.50	2.25	2.21	1.47	1.37	1.35
Price to Tangible Book Value (P/TBV)	3.04	2.22	2.17	0.00	0.00	9.36	24.92	7.35	6.08	5.33	5.54
Price to Revenue (P/Rev)	0.62	0.50	0.60	0.65	0.54	0.48	0.79	0.64	0.38	0.54	0.58
Price to Earnings (P/E)	12.93	11.81	12.76	14.00	10.61	8.47	30.28	8.30	4.77	8.68	132.06
Dividend Yield	0.00%	1.99%	2.27%	1.27%	1.45%	1.44%	0.80%	0.69%	1.43%	1.74%	2.09%
Earnings Yield	7.74%	8.46%	7.84%	7.14%	9.43%	11.81%	3.30%	12.05%	20.98%	11.52%	0.76%
Enterprise Value to Invested Capital (EV/IC)	3.89	2.76	2.71	1.81	1.66	1.36	1.99	2.09	1.38	1.30	1.26
Enterprise Value to Revenue (EV/Rev)	0.56	0.43	0.51	0.80	0.68	0.59	0.88	0.67	0.43	0.62	0.70
Enterprise Value to EBITDA (EV/EBITDA)	7.64	6.51	6.88	7.78	7.54	6.40	12.99	5.49	3.47	6.17	17.16
Enterprise Value to EBIT (EV/EBIT)	8.11	7.00	7.47	9.86	8.55	7.42	18.13	5.97	3.82	7.20	34.99
Enterprise Value to NOPAT (EV/NOPAT)	11.78	10.13	10.95	15.05	11.94	9.31	23.00	7.79	4.80	9.28	61.38
Enterprise Value to Operating Cash Flow (EV/OCF)	22.58	9.22	9.38	12.74	16.49	8.70	7.69	10.25	5.31	7.32	14.47
Enterprise Value to Free Cash Flow (EV/FCFF)	37.69	16.43	37.61	0.00	0.00	11.82	0.00	12.27	32.81	19.98	46.25
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.62	0.55	0.40	0.62	0.50	0.43	0.43	0.55
Long-Term Debt to Equity	0.00	0.00	0.00	0.62	0.55	0.39	0.62	0.50	0.43	0.43	0.50
Financial Leverage	-0.34	-0.31	-0.32	0.22	0.55	0.44	0.30	0.17	0.16	0.22	0.26
Leverage Ratio	1.84	1.74	1.54	1.82	2.00	1.85	1.93	2.00	1.93	1.84	1.82
Compound Leverage Factor	1.84	1.74	1.54	1.58	1.78	1.64	1.30	1.81	1.79	1.72	1.18
Debt to Total Capital	0.00%	0.00%	0.00%	38.34%	35.29%	28.69%	38.25%	33.34%	30.18%	30.22%	35.35%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.40%	0.00%	1.00%	0.00%	0.00%	0.00%	0.00%	3.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	37.94%	35.29%	27.68%	38.25%	33.34%	30.18%	30.22%	32.35%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	61.66%	64.71%	71.32%	61.75%	66.66%	69.82%	69.78%	64.65%
Debt to EBITDA	0.00	0.00	0.00	1.73	1.60	1.40	3.20	1.19	0.89	1.69	5.74
Net Debt to EBITDA	0.00	0.00	0.00	1.50	1.59	1.19	1.37	0.21	0.43	0.81	3.01
Long-Term Debt to EBITDA	0.00	0.00	0.00	1.71	1.60	1.35	3.20	1.19	0.89	1.69	5.25
Debt to NOPAT	0.00	0.00	0.00	3.34	2.53	2.03	5.67	1.69	1.23	2.55	20.52
Net Debt to NOPAT	0.00	0.00	0.00	2.90	2.51	1.74	2.43	0.30	0.60	1.21	10.77
Long-Term Debt to NOPAT	0.00	0.00	0.00	3.31	2.53	1.96	5.67	1.69	1.23	2.55	18.78
Altman Z-Score	8.09	8.18	8.70	4.72	4.90	4.80	3.89	4.98	4.95	4.20	3.56
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.72	3.26	3.02	1.88	1.82	2.08	2.38	2.60	2.10	2.52	2.44
Quick Ratio	1.28	1.68	1.63	0.96	0.82	0.99	1.71	1.69	1.03	1.23	1.27
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	14	25	13	-419	-28	98	-104	198	65	108	45
Operating Cash Flow to CapEx	221.80%	272.63%	214.84%	705.35%	294.20%	328.54%	835.27%	732.41%	456.26%	355.68%	322.65%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-24.86	-1.54	5.49	-2.77	4.91	1.57	5.26	2.13
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	5.77	4.57	7.46	7.22	5.87	9.70	14.37	6.82
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	4.95	3.02	5.19	6.35	5.07	7.57	10.33	4.71
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.83	2.71	2.59	2.39	2.06	1.84	1.67	1.92	2.21	1.44	1.23
Accounts Receivable Turnover	19.12	14.29	14.65	16.22	13.95	12.31	12.44	15.30	19.52	16.14	16.43
Inventory Turnover	7.46	7.75	7.35	10.00	10.18	8.47	10.64	11.36	9.29	5.83	5.59
Fixed Asset Turnover	41.64	31.31	20.93	24.27	23.35	17.36	15.57	19.81	21.20	11.57	8.93
Accounts Payable Turnover	27.47	26.31	22.32	21.48	21.43	20.64	19.08	19.07	20.27	15.94	17.42
Days Sales Outstanding (DSO)	19.09	25.54	24.91	22.50	26.16	29.65	29.35	23.86	18.70	22.62	22.22
Days Inventory Outstanding (DIO)	48.90	47.11	49.65	36.48	35.86	43.08	34.32	32.12	39.29	62.61	65.33
Days Payable Outstanding (DPO)	13.29	13.88	16.35	16.99	17.03	17.69	19.13	19.14	18.01	22.90	20.95
Cash Conversion Cycle (CCC)	54.70	58.77	58.21	41.99	44.99	55.05	44.54	36.84	39.98	62.33	66.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	135	151	183	683	827	853	1,048	1,162	1,540	1,664	1,653
Invested Capital Turnover	7.90	6.84	5.85	3.57	2.67	2.36	2.48	3.29	3.67	2.18	1.79
Increase / (Decrease) in Invested Capital	31	16	32	501	143	26	194	114	378	125	-11
Enterprise Value (EV)	525	417	495	1,237	1,375	1,164	2,080	2,433	2,125	2,157	2,082
Market Capitalization	582	487	580	998	1,086	947	1,860	2,339	1,861	1,874	1,717
Book Value per Share	$7.12	$8.20	$9.98	$13.98	$16.95	$20.00	$24.55	$31.46	$39.77	$45.29	$43.98
Tangible Book Value per Share	$7.08	$8.16	$9.93	($0.93)	($0.18)	$3.20	$2.21	$9.48	$9.65	$11.64	$10.71
Total Capital	193	221	268	716	826	887	1,340	1,586	1,809	1,961	1,970
Total Debt	0.00	0.00	0.00	275	291	254	513	529	546	592	696
Total Long-Term Debt	0.00	0.00	0.00	272	291	245	513	529	546	592	637
Net Debt	-58	-70	-86	239	289	217	220	94	264	283	365
Capital Expenditures (CapEx)	10	17	25	14	28	41	32	32	88	83	45
Debt-free, Cash-free Net Working Capital (DFCFNWC)	114	114	102	114	165	184	121	217	290	291	312
Debt-free Net Working Capital (DFNWC)	172	185	188	150	168	222	413	652	572	601	643
Net Working Capital (NWC)	172	185	188	147	168	213	413	652	572	601	584
Net Nonoperating Expense (NNE)	-0.53	-0.08	-0.31	11	13	13	29	31	52	17	21
Net Nonoperating Obligations (NNO)	-58	-70	-86	242	292	221	220	105	277	296	380
Total Depreciation and Amortization (D&A)	4.00	4.51	5.75	34	21	25	45	35	56	50	62
Debt-free, Cash-free Net Working Capital to Revenue	12.08%	11.71%	10.47%	7.36%	8.20%	9.29%	5.12%	5.98%	5.84%	8.33%	10.50%
Debt-free Net Working Capital to Revenue	18.20%	18.90%	19.24%	9.68%	8.32%	11.17%	17.54%	17.95%	11.53%	17.21%	21.63%
Net Working Capital to Revenue	18.20%	18.90%	19.24%	9.50%	8.32%	10.72%	17.54%	17.95%	11.53%	17.21%	19.64%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.64	$1.53	$1.69	$2.33	$3.24	$3.55	$1.85	$8.41	$12.03	$7.12	$0.44
Adjusted Weighted Average Basic Shares Outstanding	27.43M	26.94M	26.93M	30.65M	31.60M	31.54M	33.24M	33.53M	32.48M	30.30M	29.20M
Adjusted Diluted Earnings per Share	$1.64	$1.52	$1.68	$2.32	$3.22	$3.52	$1.84	$8.28	$11.84	$6.23	$0.44
Adjusted Weighted Average Diluted Shares Outstanding	27.55M	27.05M	27.03M	30.77M	31.81M	31.72M	33.45M	34.06M	32.99M	35.40M	29.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	26.96M	26.98M	26.90M	31.63M	31.63M	31.63M	33.76M	33.46M	30.51M	29.89M	28.92M
Normalized Net Operating Profit after Tax (NOPAT)	44	41	45	82	115	125	90	313	443	233	91
Normalized NOPAT Margin	4.66%	4.24%	4.63%	5.31%	5.71%	6.29%	3.84%	8.61%	8.93%	6.66%	3.07%
Pre Tax Income Margin	6.84%	6.10%	6.79%	7.02%	7.07%	7.00%	3.28%	10.12%	10.38%	8.00%	1.29%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	7.45	8.82	8.74	3.06	10.10	13.46	14.62	2.82
NOPAT to Interest Expense	0.00	0.00	0.00	4.88	6.31	6.97	2.41	7.74	10.72	11.34	1.61
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	6.63	7.26	6.47	2.20	9.29	11.34	10.58	0.71
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	4.06	4.76	4.70	1.55	6.93	8.60	7.30	-0.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	23.70%	23.94%	17.86%	12.44%	12.23%	23.74%	5.75%	6.09%	15.38%	283.08%
Augmented Payout Ratio	58.46%	39.51%	30.68%	20.00%	18.78%	19.54%	26.74%	22.63%	60.96%	40.90%	856.15%

This table displays calculated financial ratios and metrics derived from Winnebago Industries' official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	8/27/2022	11/26/2022	2/25/2023	5/27/2023	8/26/2023	11/25/2023	2/24/2024	5/25/2024	8/31/2024	11/30/2024	3/1/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.82%	-17.61%	-25.59%	-38.22%	-34.62%	-19.87%	-18.82%	-12.74%	-6.50%	-18.01%	-11.85%
EBITDA Growth	3.67%	-37.14%	-40.30%	-48.22%	-45.03%	-45.25%	-82.95%	-39.21%	-104.08%	-71.32%	51.02%
EBIT Growth	0.53%	-38.81%	-42.44%	-51.33%	-51.32%	-55.02%	-100.40%	-48.57%	-134.01%	-102.34%	2,233.33%
NOPAT Growth	0.70%	-42.29%	-44.04%	-52.74%	-50.17%	-54.80%	-57.41%	-43.91%	-127.06%	-102.15%	-77.97%
Net Income Growth	-1.80%	-39.56%	-42.11%	-49.57%	-46.97%	-57.14%	-124.05%	-50.93%	-166.44%	-120.16%	96.85%
EPS Growth	7.63%	-40.34%	-43.49%	-52.10%	-52.61%	-54.91%	-128.29%	-43.86%	-168.50%	-123.08%	95.35%
Operating Cash Flow Growth	73.93%	-47.08%	-25.96%	-29.88%	-11.13%	-171.57%	292.37%	-28.80%	-70.53%	21.96%	-141.67%
Free Cash Flow Firm Growth	-1,176.04%	75.49%	92.12%	67.66%	72.50%	-45.95%	1.91%	163.93%	98.27%	153.13%	304.18%
Invested Capital Growth	32.54%	8.52%	5.44%	10.27%	8.09%	7.42%	3.17%	-1.59%	-0.67%	-2.81%	-3.08%
Revenue Q/Q Growth	-19.13%	-19.25%	-8.98%	3.93%	-14.41%	-1.04%	-7.79%	11.71%	-8.28%	-13.22%	-0.86%
EBITDA Q/Q Growth	-25.53%	-27.71%	-10.95%	8.00%	-20.95%	-27.99%	-72.26%	285.03%	-105.30%	606.67%	46.05%
EBIT Q/Q Growth	-26.79%	-29.14%	-12.38%	7.07%	-26.77%	-34.52%	-100.78%	13,866.67%	-148.43%	95.50%	811.11%
NOPAT Q/Q Growth	-31.07%	-29.77%	-10.33%	8.89%	-27.32%	-36.31%	-15.50%	43.40%	-135.06%	94.94%	966.67%
Net Income Q/Q Growth	-29.52%	-27.12%	-12.29%	11.93%	-25.89%	-41.10%	-149.22%	328.35%	-200.34%	82.13%	92.31%
EPS Q/Q Growth	-24.93%	-35.45%	-12.14%	12.50%	-25.73%	-38.58%	-155.13%	323.26%	-190.63%	79.31%	88.89%
Operating Cash Flow Q/Q Growth	-21.95%	-80.76%	-143.81%	1,165.65%	-1.07%	-115.50%	217.76%	294.44%	-59.05%	-141.03%	37.13%
Free Cash Flow Firm Q/Q Growth	6.74%	78.30%	51.95%	-232.56%	20.70%	-15.17%	67.70%	316.75%	-102.15%	3,634.56%	24.11%
Invested Capital Q/Q Growth	-2.63%	4.92%	5.45%	2.35%	-4.55%	4.27%	1.29%	-2.37%	-3.65%	2.02%	1.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.83%	16.85%	16.94%	16.81%	16.54%	15.18%	14.97%	15.04%	13.07%	12.28%	13.40%
EBITDA Margin	11.36%	10.17%	9.95%	10.34%	9.55%	6.95%	2.09%	7.20%	-0.42%	2.43%	3.58%
Operating Margin	10.48%	9.02%	8.86%	8.94%	7.46%	5.12%	5.03%	5.53%	-2.47%	-0.14%	1.26%
EBIT Margin	10.24%	8.99%	8.65%	8.91%	7.63%	5.05%	-0.04%	5.25%	-2.77%	-0.14%	1.03%
Profit (Net Income) Margin	7.00%	6.32%	6.09%	6.56%	5.68%	3.38%	-1.81%	3.69%	-4.04%	-0.83%	-0.06%
Tax Burden Percent	74.75%	75.53%	75.75%	78.70%	80.07%	75.00%	226.79%	81.69%	112.36%	77.61%	100.00%
Interest Burden Percent	91.47%	93.11%	92.93%	93.52%	93.03%	89.35%	1,866.67%	85.96%	129.50%	744.44%	-6.25%
Effective Tax Rate	25.25%	24.47%	24.25%	21.30%	19.93%	25.00%	0.00%	18.31%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	28.76%	20.87%	18.02%	16.49%	13.01%	7.57%	6.39%	7.90%	-3.10%	-0.17%	1.40%
ROIC Less NNEP Spread (ROIC-NNEP)	23.62%	19.45%	16.63%	15.28%	12.23%	6.58%	-2.99%	6.23%	-8.02%	-1.27%	0.13%
Return on Net Nonoperating Assets (RNNOA)	3.88%	5.21%	5.05%	4.07%	2.66%	1.76%	-0.90%	1.81%	-2.05%	-0.41%	0.05%
Return on Equity (ROE)	32.64%	26.09%	23.07%	20.57%	15.68%	9.34%	5.49%	9.71%	-5.15%	-0.57%	1.45%
Cash Return on Invested Capital (CROIC)	4.80%	17.29%	15.76%	7.01%	6.74%	4.61%	5.86%	8.93%	2.71%	5.31%	-1.16%
Operating Return on Assets (OROA)	22.68%	18.58%	16.22%	14.36%	10.98%	7.00%	-0.05%	6.57%	-3.43%	-0.17%	1.23%
Return on Assets (ROA)	15.51%	13.07%	11.42%	10.57%	8.18%	4.69%	-2.32%	4.61%	-4.98%	-1.01%	-0.08%
Return on Common Equity (ROCE)	32.64%	26.09%	23.07%	20.57%	15.68%	9.34%	5.49%	9.71%	-5.15%	-0.57%	1.45%
Return on Equity Simple (ROE_SIMPLE)	0.00%	27.25%	23.39%	18.71%	0.00%	13.40%	8.76%	6.52%	0.00%	-1.45%	-0.47%
Net Operating Profit after Tax (NOPAT)	92	65	58	63	46	29	25	36	-12	-0.63	5.46
NOPAT Margin	7.84%	6.81%	6.71%	7.03%	5.97%	3.84%	3.52%	4.52%	-1.73%	-0.10%	0.88%
Net Nonoperating Expense Percent (NNEP)	5.13%	1.43%	1.39%	1.21%	0.78%	1.00%	9.38%	1.68%	4.92%	1.10%	1.27%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	1.51%	1.23%	-	-	-0.03%	0.30%
Cost of Revenue to Revenue	82.17%	83.15%	83.06%	83.19%	83.46%	84.82%	85.03%	84.96%	86.93%	87.72%	86.60%
SG&A Expenses to Revenue	6.91%	7.42%	7.64%	7.38%	8.34%	9.32%	9.12%	8.79%	10.49%	11.52%	11.24%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	7.35%	7.82%	8.08%	7.87%	9.08%	10.05%	9.93%	9.50%	15.54%	12.42%	12.14%
Earnings before Interest and Taxes (EBIT)	121	86	75	80	59	39	-0.30	41	-20	-0.90	6.40
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	134	97	86	93	74	53	15	57	-3.00	15	22
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.47	1.35	1.42	1.27	1.37	1.45	1.52	1.32	1.35	1.37	0.94
Price to Tangible Book Value (P/TBV)	6.08	5.20	4.89	5.11	5.33	5.73	6.31	5.47	5.54	5.99	4.34
Price to Revenue (P/Rev)	0.38	0.37	0.43	0.44	0.54	0.60	0.64	0.58	0.58	0.60	0.42
Price to Earnings (P/E)	4.77	4.97	6.07	6.81	8.68	10.82	17.38	20.29	132.06	0.00	0.00
Dividend Yield	1.43%	1.42%	1.45%	1.74%	1.74%	1.70%	1.68%	2.02%	2.09%	2.17%	3.22%
Earnings Yield	20.98%	20.13%	16.47%	14.69%	11.52%	9.24%	5.76%	4.93%	0.76%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.38	1.28	1.33	1.20	1.30	1.35	1.39	1.24	1.26	1.26	0.96
Enterprise Value to Revenue (EV/Rev)	0.43	0.43	0.51	0.54	0.62	0.71	0.78	0.70	0.70	0.75	0.59
Enterprise Value to EBITDA (EV/EBITDA)	3.47	3.72	4.55	5.12	6.17	7.64	10.43	10.71	17.16	25.48	17.92
Enterprise Value to EBIT (EV/EBIT)	3.82	4.11	5.06	5.80	7.20	9.26	13.79	15.33	34.99	105.83	60.85
Enterprise Value to NOPAT (EV/NOPAT)	4.80	5.22	6.47	7.53	9.28	11.87	15.73	16.73	61.38	50.48	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	5.31	5.52	6.09	6.73	7.32	9.61	8.68	8.79	14.47	14.32	14.44
Enterprise Value to Free Cash Flow (EV/FCFF)	32.81	7.69	8.65	18.03	19.98	30.28	24.10	13.72	46.25	23.42	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.43	0.46	0.44	0.43	0.43	0.44	0.52	0.53	0.55	0.56	0.49
Long-Term Debt to Equity	0.43	0.46	0.44	0.43	0.43	0.44	0.52	0.48	0.50	0.51	0.44
Financial Leverage	0.16	0.27	0.30	0.27	0.22	0.27	0.30	0.29	0.26	0.32	0.36
Leverage Ratio	1.93	1.88	1.87	1.84	1.84	1.80	1.83	1.81	1.82	1.80	1.82
Compound Leverage Factor	1.77	1.75	1.74	1.72	1.71	1.61	34.22	1.55	2.36	13.39	-0.11
Debt to Total Capital	30.18%	31.42%	30.65%	30.30%	30.22%	30.46%	34.41%	34.53%	35.35%	35.98%	32.99%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.93%	3.00%	3.06%	3.27%
Long-Term Debt to Total Capital	30.18%	31.42%	30.65%	30.30%	30.22%	30.46%	34.41%	31.60%	32.35%	32.92%	29.72%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	69.82%	68.58%	69.35%	69.70%	69.78%	69.54%	65.59%	65.47%	64.65%	64.02%	67.01%
Debt to EBITDA	0.89	1.06	1.19	1.44	1.69	1.94	2.96	3.51	5.74	8.35	6.58
Net Debt to EBITDA	0.43	0.57	0.73	0.89	0.81	1.22	1.83	1.91	3.01	5.20	5.31
Long-Term Debt to EBITDA	0.89	1.06	1.19	1.44	1.69	1.94	2.96	3.22	5.25	7.64	5.93
Debt to NOPAT	1.23	1.49	1.69	2.12	2.55	3.01	4.47	5.49	20.52	16.54	-8.05
Net Debt to NOPAT	0.60	0.81	1.04	1.31	1.21	1.90	2.76	2.98	10.77	10.31	-6.50
Long-Term Debt to NOPAT	1.23	1.49	1.69	2.12	2.55	3.01	4.47	5.02	18.78	15.13	-7.26
Altman Z-Score	4.36	4.31	4.23	4.00	3.87	3.95	3.71	3.55	3.45	3.53	3.30
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.10	2.42	2.50	2.45	2.52	2.69	2.84	2.45	2.44	2.58	2.17
Quick Ratio	1.03	1.09	1.17	1.09	1.23	1.17	1.42	1.29	1.27	1.23	0.85
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-286	-62	-30	-99	-79	-90	-29	63	-1.36	48	60
Operating Cash Flow to CapEx	629.15%	107.55%	-60.65%	750.54%	914.57%	-181.36%	229.09%	903.64%	366.67%	-167.00%	-125.00%
Free Cash Flow to Firm to Interest Expense	-27.73	-10.51	-5.62	-19.05	-19.16	-22.07	-5.51	10.92	-0.23	8.29	8.77
Operating Cash Flow to Interest Expense	15.09	5.07	-2.47	26.85	33.68	-5.22	4.75	17.14	6.90	-2.88	-1.54
Operating Cash Flow Less CapEx to Interest Expense	12.69	0.36	-6.55	23.27	30.00	-8.10	2.68	15.24	5.02	-4.60	-2.78
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.21	2.07	1.87	1.61	1.44	1.39	1.29	1.25	1.23	1.22	1.19
Accounts Receivable Turnover	19.52	20.37	13.48	13.47	16.14	16.90	12.17	14.95	16.43	15.80	12.63
Inventory Turnover	9.29	7.90	7.26	6.43	5.83	5.27	5.24	5.33	5.59	5.25	5.14
Fixed Asset Turnover	21.20	18.32	16.22	13.53	11.57	10.55	9.75	9.23	8.93	8.48	8.21
Accounts Payable Turnover	20.27	25.96	19.48	17.81	15.94	21.51	17.42	19.15	17.42	20.60	16.85
Days Sales Outstanding (DSO)	18.70	17.91	27.08	27.10	22.62	21.59	29.99	24.42	22.22	23.10	28.91
Days Inventory Outstanding (DIO)	39.29	46.20	50.28	56.73	62.61	69.23	69.60	68.49	65.33	69.48	70.99
Days Payable Outstanding (DPO)	18.01	14.06	18.73	20.49	22.90	16.97	20.96	19.06	20.95	17.71	21.66
Cash Conversion Cycle (CCC)	39.98	50.06	58.63	63.34	62.33	73.86	78.63	73.85	66.60	74.86	78.24
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,540	1,616	1,704	1,744	1,664	1,735	1,758	1,716	1,653	1,687	1,703
Invested Capital Turnover	3.67	3.06	2.69	2.35	2.18	1.97	1.81	1.75	1.79	1.66	1.59
Increase / (Decrease) in Invested Capital	378	127	88	162	125	120	54	-28	-11	-49	-54
Enterprise Value (EV)	2,125	2,063	2,261	2,100	2,157	2,338	2,445	2,120	2,082	2,127	1,631
Market Capitalization	1,861	1,745	1,899	1,734	1,874	1,965	2,016	1,743	1,717	1,693	1,148
Book Value per Share	$39.77	$42.24	$43.79	$44.55	$45.29	$45.30	$45.30	$45.04	$43.98	$42.89	$42.83
Tangible Book Value per Share	$9.65	$11.01	$12.71	$11.10	$11.64	$11.48	$10.92	$10.89	$10.71	$9.77	$9.30
Total Capital	1,809	1,879	1,928	1,953	1,961	1,947	2,019	2,014	1,970	1,937	1,815
Total Debt	546	590	591	592	592	593	695	695	696	697	599
Total Long-Term Debt	546	590	591	592	592	593	695	636	637	638	539
Net Debt	264	319	362	366	283	374	429	377	365	434	483
Capital Expenditures (CapEx)	25	28	22	19	15	12	11	11	11	10	8.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	290	346	425	349	291	368	383	323	312	353	382
Debt-free Net Working Capital (DFNWC)	572	618	654	575	601	587	649	641	643	615	498
Net Working Capital (NWC)	572	618	654	575	601	587	649	582	584	556	438
Net Nonoperating Expense (NNE)	9.79	4.68	5.38	4.25	2.24	3.53	37	6.54	17	4.57	5.86
Net Nonoperating Obligations (NNO)	277	327	366	382	296	381	433	398	380	446	487
Total Depreciation and Amortization (D&A)	13	11	11	13	15	15	15	15	17	16	16
Debt-free, Cash-free Net Working Capital to Revenue	5.84%	7.28%	9.54%	8.95%	8.33%	11.14%	12.21%	10.68%	10.50%	12.44%	13.88%
Debt-free Net Working Capital to Revenue	11.53%	12.99%	14.69%	14.74%	17.21%	17.79%	20.68%	21.20%	21.63%	21.70%	18.08%
Net Working Capital to Revenue	11.53%	12.99%	14.69%	14.74%	17.21%	17.79%	20.68%	19.25%	19.64%	19.61%	15.93%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.67	$1.98	$1.73	$1.95	$1.46	$0.87	($0.43)	$0.99	($0.99)	($0.18)	($0.02)
Adjusted Weighted Average Basic Shares Outstanding	32.50M	30.40M	30.50M	30.40M	30.30M	29.60M	29.20M	29.20M	29.20M	28.60M	28.10M
Adjusted Diluted Earnings per Share	$2.68	$1.73	$1.52	$1.71	$1.27	$0.78	($0.43)	$0.96	($0.87)	($0.18)	($0.02)
Adjusted Weighted Average Diluted Shares Outstanding	33M	35.50M	35.50M	35.40M	35.40M	34.70M	29.20M	30.40M	29.50M	28.60M	28.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.51M	30.54M	30.56M	30.21M	29.89M	29.24M	29.27M	28.95M	28.92M	28.40M	28.03M
Normalized Net Operating Profit after Tax (NOPAT)	92	65	58	63	46	29	25	36	-12	-0.63	5.46
Normalized NOPAT Margin	7.84%	6.81%	6.71%	7.03%	5.97%	3.84%	3.52%	4.52%	-1.73%	-0.10%	0.88%
Pre Tax Income Margin	9.37%	8.37%	8.04%	8.34%	7.09%	4.51%	-0.80%	4.52%	-3.59%	-1.07%	-0.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.73	14.51	14.15	15.44	14.34	9.39	-0.06	7.12	-3.39	-0.16	0.94
NOPAT to Interest Expense	8.97	11.00	10.98	12.18	11.23	7.15	4.68	6.13	-2.11	-0.11	0.80
EBIT Less CapEx to Interest Expense	9.33	9.80	10.08	11.87	10.66	6.51	-2.13	5.22	-5.27	-1.88	-0.29
NOPAT Less CapEx to Interest Expense	6.57	6.29	6.90	8.61	7.55	4.27	2.60	4.23	-3.99	-1.83	-0.43
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	6.09%	7.49%	9.14%	12.09%	15.38%	18.90%	30.26%	41.79%	283.08%	-207.78%	-664.91%
Augmented Payout Ratio	60.96%	63.04%	58.70%	53.32%	40.90%	71.13%	111.64%	151.80%	856.15%	-562.78%	-2,136.84%

Frequently Asked Questions About Winnebago Industries' Financials

When does Winnebago Industries's financial year end?

According to the most recent income statement we have on file, Winnebago Industries' fiscal year ends in August. Their fiscal year 2024 ended on August 31, 2024.

How has Winnebago Industries' net income changed over the last 10 years?

Winnebago Industries' net income appears to be on an upward trend, with a most recent value of $13 million in 2024, falling from $45.05 million in 2014. The previous period was $215.90 million in 2023. Check out Winnebago Industries' forecast to explore projected trends and price targets.

What is Winnebago Industries's operating income?

Winnebago Industries's total operating income in 2024 was $100.20 million, based on the following breakdown:

Total Gross Profit: $433.50 million
Total Operating Expenses: $333.30 million

How has Winnebago Industries revenue changed over the last 10 years?

Over the last 10 years, Winnebago Industries' total revenue changed from $945.16 million in 2014 to $2.97 billion in 2024, a change of 214.6%.

How much debt does Winnebago Industries have?

Winnebago Industries' total liabilities were at $1.11 billion at the end of 2024, a 4.4% increase from 2023, and a 571.0% increase since 2014.

How much cash does Winnebago Industries have?

In the past 10 years, Winnebago Industries' cash and equivalents has ranged from $2.34 million in 2018 to $434.56 million in 2021, and is currently $330.90 million as of their latest financial filing in 2024.

How has Winnebago Industries' book value per share changed over the last 10 years?

Over the last 10 years, Winnebago Industries' book value per share changed from 7.12 in 2014 to 43.98 in 2024, a change of 517.2%.

Related Companies

This page (NYSE:WGO) was last updated on 5/6/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Winnebago Industries (WGO) Financials

Frequently Asked Questions About Winnebago Industries' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Winnebago Industries (WGO) Financials

Annual Income Statements for Winnebago Industries

Quarterly Income Statements for Winnebago Industries

Annual Cash Flow Statements for Winnebago Industries

Quarterly Cash Flow Statements for Winnebago Industries

Annual Balance Sheets for Winnebago Industries

Quarterly Balance Sheets for Winnebago Industries

Annual Metrics and Ratios for Winnebago Industries

Quarterly Metrics and Ratios for Winnebago Industries

Frequently Asked Questions About Winnebago Industries' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools