Wolverine World Wide (WWW) Financials

$16.36 -0.46 (-2.72%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$16.35 -0.01 (-0.08%)

As of 05/23/2025 06:42 PM Eastern

Annual Income Statements for Wolverine World Wide

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016	1/3/2015
Net Income / (Loss) Attributable to Common Shareholders	48	-40	-188	69	-137	129	200	0.30	88	123	133
Consolidated Net Income / (Loss)	52	-39	-189	67	-139	129	200	-0.70	88	123	134
Net Income / (Loss) Continuing Operations	52	-39	-189	67	-139	129	200	-0.70	88	123	134
Total Pre-Tax Income	62	-134	-253	80	-184	146	227	-11	111	165	182
Total Operating Income	101	-68	-208	156	-137	171	252	32	164	201	230
Total Gross Profit	782	873	1,070	1,030	736	924	921	914	960	1,052	1,086
Total Revenue	1,755	2,243	2,685	2,415	1,791	2,274	2,239	2,350	2,495	2,692	2,761
Operating Revenue	1,755	2,243	2,685	2,415	1,791	2,274	2,239	2,350	2,495	2,692	2,761
Total Cost of Revenue	974	1,370	1,614	1,385	1,056	1,350	1,318	1,436	1,535	1,640	1,675
Operating Cost of Revenue	974	1,370	1,614	1,385	1,056	1,350	1,318	1,427	1,526	1,637	1,674
Total Operating Expenses	681	941	1,279	874	873	753	669	883	796	851	856
Selling, General & Admin Expense	690	856	906	818	639	669	654	706	754	816	815
Other Operating Expenses / (Income)	-10	-10	34	0.00	11	84	15	35	0.00	0.00	15
Impairment Charge	9.30	185	429	0.00	222	0.00	0.00	69	7.10	5.10	-
Restructuring Charge	-8.50	-90	-90	-	0.00	-	-	73	35	30	26
Total Other Income / (Expense), net	-39	-66	-45	-75	-47	-25	-25	-42	-53	-37	-48
Interest Expense	43	64	47	72	49	30	25	32	53	40	47
Other Income / (Expense), net	3.30	-2.50	2.80	-3.70	2.10	4.90	0.60	-10	-0.40	3.30	-1.70
Income Tax Expense	10	-95	-64	13	-46	17	27	-9.90	23	41	48
Net Income / (Loss) Attributable to Noncontrolling Interest	3.60	0.40	-0.80	-1.60	-1.70	0.40	0.20	-1.00	-0.20	0.40	0.80
Basic Earnings per Share	$0.58	($0.51)	($2.37)	$0.82	($1.70)	$1.48	$2.07	$0.00	$0.90	$1.22	$1.33
Weighted Average Basic Shares Outstanding	80.37M	79.75M	78.93M	81.69M	82.48M	81.93M	93M	96.01M	95.30M	98.60M	98.20M
Diluted Earnings per Share	$0.58	($0.51)	($2.37)	$0.81	($1.70)	$1.44	$2.05	$0.00	$0.89	$1.20	$1.30
Weighted Average Diluted Shares Outstanding	80.37M	79.75M	78.93M	81.69M	82.48M	81.93M	93M	96.01M	95.30M	98.60M	98.20M
Weighted Average Basic & Diluted Shares Outstanding	80.37M	79.75M	78.93M	81.69M	82.48M	81.93M	93M	96.01M	95.30M	98.60M	98.20M
Cash Dividends to Common per Share	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.32	$0.24	$0.24	$0.24	$0.24

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Income / (Loss) Attributable to Common Shareholders	11	25	24	14	-15	-91	8.60	24	19	-362	39
Consolidated Net Income / (Loss)	12	25	24	16	-14	-91	9.00	24	18	-361	39
Net Income / (Loss) Continuing Operations	12	25	24	16	-14	-91	9.00	24	18	-361	39
Total Pre-Tax Income	13	29	29	18	-14	-202	9.40	30	28	-466	44
Total Operating Income	20	40	35	29	-3.10	-187	27	46	45	-455	59
Total Gross Profit	195	218	199	183	181	193	215	228	236	224	278
Total Revenue	412	495	440	425	395	527	528	589	599	665	691
Operating Revenue	412	495	440	425	395	527	528	589	599	665	691
Total Cost of Revenue	218	277	241	242	214	334	312	361	363	441	414
Operating Cost of Revenue	218	277	241	242	214	334	312	361	363	441	414
Total Operating Expenses	175	178	164	154	185	380	188	182	191	679	219
Selling, General & Admin Expense	172	175	171	167	177	245	203	196	212	249	217
Other Operating Expenses / (Income)	3.10	-12	1.30	0.00	0.00	7.40	2.30	0.00	-20	1.10	2.20
Impairment Charge	0.00	-	0.00	3.20	6.10	130	40	16	0.00	-	0.00
Total Other Income / (Expense), net	-6.50	-11	-5.80	-11	-11	-15	-18	-16	-17	-11	-15
Interest Expense	8.00	9.20	9.60	12	12	16	16	16	16	16	13
Other Income / (Expense), net	1.50	-2.10	3.80	0.80	0.80	0.70	-2.40	0.40	-1.20	5.00	-2.70
Income Tax Expense	1.00	3.20	5.10	2.40	-0.60	-112	0.40	6.00	10	-105	4.80
Net Income / (Loss) Attributable to Noncontrolling Interest	1.10	0.70	0.70	1.40	0.80	0.60	0.40	0.40	-1.00	0.80	-0.20
Basic Earnings per Share	$0.13	$0.32	$0.28	$0.17	($0.19)	($1.15)	$0.11	$0.30	$0.23	($4.51)	$0.49
Weighted Average Basic Shares Outstanding	81.04M	80.37M	80.07M	80.01M	79.93M	79.75M	79.53M	79.51M	79.43M	78.93M	78.76M
Diluted Earnings per Share	$0.13	$0.32	$0.28	$0.17	($0.19)	($1.15)	$0.11	$0.30	$0.23	($4.50)	$0.48
Weighted Average Diluted Shares Outstanding	81.04M	80.37M	80.07M	80.01M	79.93M	79.75M	79.53M	79.51M	79.43M	78.93M	78.76M
Weighted Average Basic & Diluted Shares Outstanding	81.04M	80.37M	80.07M	80.01M	79.93M	79.75M	79.53M	79.51M	79.43M	78.93M	78.76M
Cash Dividends to Common per Share	$0.10	-	$0.10	$0.10	$0.10	-	$0.10	$0.10	$0.10	-	$0.10

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016	1/3/2015
Net Change in Cash & Equivalents	-33	49	-26	-186	167	38	-338	111	176	-30	9.60
Net Cash From Operating Activities	180	122	-179	87	309	223	98	203	296	216	315
Net Cash From Continuing Operating Activities	180	122	-179	87	309	223	98	203	296	216	315
Net Income / (Loss) Continuing Operations	52	-39	-189	67	-139	129	200	-0.70	88	123	134
Consolidated Net Income / (Loss)	52	-39	-189	67	-139	129	200	-0.70	88	123	134
Depreciation Expense	26	35	35	33	33	33	32	37	44	49	53
Non-Cash Adjustments To Reconcile Net Income	-1.60	54	356	90	284	67	-19	205	94	79	71
Changes in Operating Assets and Liabilities, net	104	72	-380	-103	131	-6.30	-116	-39	71	-35	56
Net Cash From Investing Activities	87	172	55	-437	6.10	-62	-22	-1.00	-38	-50	-35
Net Cash From Continuing Investing Activities	87	172	55	-437	6.10	-62	-22	-1.00	-38	-50	-35
Purchase of Property, Plant & Equipment	-20	-15	-37	-18	-10	-34	-22	-32	-55	-46	-30
Acquisitions	0.00	0.00	-2.80	-417	-9.00	-24	0.00	-2.10	-0.50	0.00	-1.10
Sale of Property, Plant & Equipment	102	189	90	0.00	-	-	2.20	-	-	-	-
Sale and/or Maturity of Investments	7.90	0.00	0.00	-	27	0.00	0.00	-	-	-	-
Other Investing Activities, net	-3.30	-2.70	3.90	-2.30	-1.40	-3.50	-2.70	-5.10	9.60	-3.60	-3.70
Net Cash From Financing Activities	-299	-246	107	169	-154	-125	-405	-98	-80	-187	-270
Net Cash From Continuing Financing Activities	-299	-246	107	169	-154	-125	-405	-93	-80	-187	-270
Repayment of Debt	-658	-862	-750	-1,175	-1,088	-477	-569	-40	-412	-533	-250
Repurchase of Common Equity	0.00	0.00	-81	-40	-21	-319	-175	-52	-53	-93	0.00
Payment of Dividends	-33	-33	-33	-34	-34	-34	-29	-23	-24	-24	-24
Issuance of Debt	384	623	940	1,410	1,009	704	352	0.00	403	450	0.00
Issuance of Common Equity	3.10	31	8.40	22	12	18	24	22	9.60	16	8.30
Other Financing Activities, net	4.40	-5.80	23	-14	-32	-17	-8.80	-	-4.30	-2.80	-4.90
Effect of Exchange Rate Changes	-0.20	2.00	-9.00	-4.50	5.60	1.00	-8.70	7.50	-2.70	-7.90	0.20
Cash Interest Paid	44	64	43	35	41	32	29	32	34	35	42
Cash Income Taxes Paid	20	27	44	28	8.60	23	17	24	35	50	70

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Change in Cash & Equivalents	-46	12	-8.10	-21	-15	20	-15	60	-15	-0.90	-13
Net Cash From Operating Activities	-84	82	108	27	-37	115	-39	144	-98	311	-242
Net Cash From Continuing Operating Activities	-84	82	108	27	-37	115	-39	144	-98	311	-242
Net Income / (Loss) Continuing Operations	12	25	24	16	-14	-91	9.00	24	18	-361	39
Consolidated Net Income / (Loss)	12	25	24	16	-14	-91	9.00	24	18	-361	39
Depreciation Expense	6.10	6.80	6.10	6.20	7.10	8.80	9.20	8.60	8.50	9.40	8.40
Non-Cash Adjustments To Reconcile Net Income	-1.10	1.60	18	-19	-2.60	133	-41	-20	-18	451	5.80
Changes in Operating Assets and Liabilities, net	-101	49	60	23	-28	64	-16	131	-106	212	-295
Net Cash From Investing Activities	-7.90	-8.30	5.20	4.50	85	55	49	-7.50	75	-14	-11
Net Cash From Continuing Investing Activities	-7.90	-8.30	5.20	4.50	85	55	49	-7.50	75	-14	-11
Purchase of Property, Plant & Equipment	-7.60	-8.00	-4.10	-3.00	-5.10	3.90	-4.30	-6.90	-7.30	-13	-7.40
Divestitures	0.00	-	9.90	-	93	-	54	-	82	-	-
Other Investing Activities, net	-0.30	-0.30	-0.60	-0.40	-2.00	-1.40	-0.60	-0.60	-0.10	-0.60	-0.30
Net Cash From Financing Activities	47	-61	-121	-51	-67	-155	-26	-75	8.70	-295	239
Net Cash From Continuing Financing Activities	47	-61	-121	-51	-67	-155	-26	-75	8.70	-295	239
Repayment of Debt	-86	-176	-157	-156	-170	-234	-148	-253	-228	-590	-49
Payment of Dividends	-8.50	-8.10	-8.20	-8.10	-8.10	-8.10	-8.10	-8.00	-8.40	-8.10	-7.90
Issuance of Debt	148	121	44	113	106	58	130	185	250	272	296
Issuance of Common Equity	0.30	3.10	-	-	0.00	29	-	2.10	0.10	-	-
Other Financing Activities, net	-7.70	-0.60	-0.30	-0.10	5.40	-	-0.10	-0.20	-5.50	30	-0.20
Effect of Exchange Rate Changes	-0.50	-1.60	-0.50	-1.90	3.80	4.50	-	-2.20	-0.30	-3.20	0.50

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016	1/3/2015
Total Assets	1,669	2,063	2,493	2,586	2,137	2,480	2,183	2,399	2,432	2,434	2,505
Total Current Assets	689	1,025	1,265	904	904	967	868	1,074	1,031	1,014	1,042
Restricted Cash	152	179	132	162	-	-	-	-	-	-	-
Accounts Receivable	209	231	242	320	268	331	361	271	263	299	313
Inventories, net	241	374	745	366	243	348	318	277	349	467	414
Prepaid Expenses	86	81	79	57	45	107	46	45	50	54	64
Other Current Nonoperating Assets	0.00	161	68	0.00	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	90	96	136	129	125	141	131	137	146	132	137
Total Noncurrent Assets	891	941	1,091	1,554	1,109	1,372	1,185	1,188	1,254	1,289	1,326
Goodwill	425	427	485	557	442	439	424	430	424	429	439
Intangible Assets	205	209	341	793	455	682	676	682	762	783	803
Noncurrent Deferred & Refundable Income Taxes	94	116	25	1.80	3.20	2.90	3.10	4.30	2.30	3.70	2.80
Other Noncurrent Operating Assets	168	189	240	203	208	248	81	72	65	74	65
Total Liabilities & Shareholders' Equity	1,669	2,063	2,493	2,586	2,137	2,480	2,183	2,399	2,432	2,434	2,505
Total Liabilities	1,352	1,763	2,154	1,942	1,564	1,702	1,192	1,444	1,458	1,465	1,567
Total Current Liabilities	533	869	1,110	760	406	787	473	362	334	353	341
Short-Term Debt	80	315	435	235	10	373	133	38	40	17	47
Accounts Payable	201	206	272	222	185	202	202	162	151	200	149
Accrued Expenses	219	290	355	264	177	179	138	162	143	137	145
Other Current Liabilities	34	35	39	38	34	34	0.00	-	-	-	-
Other Current Nonoperating Liabilities	0.00	24	8.80	0.00	-	-	-	-	-	-	-
Total Noncurrent Liabilities	819	893	1,043	1,182	1,158	914	718	1,082	1,124	1,111	1,226
Long-Term Debt	568	606	723	732	713	426	438	745	780	793	854
Noncurrent Deferred & Payable Income Tax Liabilities	29	27	35	119	36	99	108	84	161	179	217
Noncurrent Employee Benefit Liabilities	71	78	73	107	147	110	92	142	143	110	128
Other Noncurrent Operating Liabilities	151	182	212	224	263	280	81	111	40	30	27
Total Equity & Noncontrolling Interests	317	300	339	644	573	778	992	955	974	970	938
Total Preferred & Common Equity	307	279	321	630	561	767	986	950	967	964	934
Total Common Equity	307	279	321	630	561	767	986	950	967	964	934
Common Stock	496	477	438	411	363	342	309	256	209	180	142
Retained Earnings	850	835	907	1,128	1,093	1,263	1,170	992	1,015	951	852
Treasury Stock	-891	-891	-891	-810	-764	-736	-404	-223	-176	-111	-12
Accumulated Other Comprehensive Income / (Loss)	-148	-142	-133	-99	-131	-102	-88	-75	-81	-56	-50
Noncontrolling Interest	9.20	21	18	15	12	12	5.60	5.60	7.60	6.00	4.50

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

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/29/2025	9/28/2024	6/29/2024	3/30/2024	9/30/2023	7/1/2023	4/1/2023	10/1/2022
Total Assets	1,685	1,759	1,796	1,853	2,231	2,357	2,417	3,171
Total Current Assets	692	762	791	826	1,097	1,164	1,203	1,552
Cash & Equivalents	107	140	148	170	160	177	116	136
Accounts Receivable	239	244	272	231	272	242	251	440
Inventories, net	271	286	297	354	564	648	726	881
Prepaid Expenses	76	92	73	71	85	79	87	95
Plant, Property, & Equipment, net	95	89	90	93	127	134	141	126
Total Noncurrent Assets	898	908	915	935	1,008	1,059	1,074	1,493
Goodwill	427	431	426	426	465	470	467	527
Intangible Assets	207	213	207	207	294	338	337	726
Noncurrent Deferred & Refundable Income Taxes	94	93	116	116	26	25	29	0.80
Other Noncurrent Operating Assets	170	172	167	185	222	226	242	239
Total Liabilities & Shareholders' Equity	1,685	1,759	1,796	1,853	2,231	2,357	2,417	3,171
Total Liabilities	1,364	1,462	1,526	1,593	1,869	1,990	2,072	2,496
Total Current Liabilities	551	619	666	730	852	964	1,036	1,331
Short-Term Debt	145	135	235	275	380	395	460	750
Accounts Payable	175	230	182	202	197	252	227	318
Accrued Expenses	197	220	216	217	233	274	304	230
Other Current Liabilities	34	33	33	37	39	39	39	34
Total Noncurrent Liabilities	813	843	860	863	1,017	1,026	1,036	1,165
Long-Term Debt	566	568	580	582	716	719	721	725
Noncurrent Deferred & Payable Income Tax Liabilities	28	28	28	27	34	34	34	116
Noncurrent Employee Benefit Liabilities	71	76	77	78	72	72	73	103
Other Noncurrent Operating Liabilities	148	172	176	176	195	202	209	221
Total Equity & Noncontrolling Interests	321	297	270	260	363	367	345	674
Total Preferred & Common Equity	311	288	262	253	342	347	327	657
Total Common Equity	311	288	262	253	342	347	327	657
Common Stock	495	490	485	479	444	440	437	431
Retained Earnings	852	833	818	812	935	934	918	1,277
Treasury Stock	-891	-891	-891	-891	-891	-891	-891	-891
Accumulated Other Comprehensive Income / (Loss)	-145	-144	-150	-148	-145	-136	-137	-160
Noncontrolling Interest	10	8.60	8.30	7.60	20	20	18	17

This table displays calculated financial ratios and metrics derived from Wolverine World Wide's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016	1/3/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-21.75%	-16.46%	11.18%	34.83%	-21.23%	1.54%	-4.71%	-5.80%	-7.32%	-2.52%	2.60%
EBITDA Growth	466.57%	79.18%	-192.33%	281.21%	-148.99%	-26.55%	383.82%	-71.63%	-18.25%	-10.09%	13.05%
EBIT Growth	247.52%	65.61%	-235.26%	212.59%	-176.75%	-30.34%	1,074.42%	-86.84%	-20.06%	-10.43%	18.36%
NOPAT Growth	276.87%	67.27%	-212.29%	235.37%	-163.52%	-31.91%	903.08%	-82.95%	-13.83%	-11.25%	11.52%
Net Income Growth	231.38%	79.27%	-382.24%	148.34%	-207.53%	-35.65%	28,714.29%	-100.80%	-28.98%	-7.99%	32.57%
EPS Growth	213.73%	78.48%	-392.59%	147.65%	-218.06%	-29.76%	0.00%	-100.00%	-25.83%	-7.69%	31.31%
Operating Cash Flow Growth	47.87%	168.08%	-306.11%	-71.92%	38.86%	128.31%	-51.90%	-31.59%	37.49%	-31.50%	55.51%
Free Cash Flow Firm Growth	-49.77%	12,807.19%	99.25%	-205.50%	102.52%	191.34%	-68.64%	-34.40%	77.31%	-49.86%	306.39%
Invested Capital Growth	-10.27%	-30.70%	-9.87%	52.88%	-32.09%	-1.61%	12.91%	-11.80%	-10.12%	-0.82%	-8.93%
Revenue Q/Q Growth	-1.79%	-5.81%	1.11%	5.50%	-5.18%	1.24%	0.04%	-6.04%	-0.86%	-2.10%	2.53%
EBITDA Q/Q Growth	242.78%	88.07%	-163.45%	1,799.08%	-202.61%	-19.43%	72.33%	-62.08%	-0.67%	-3.84%	1.77%
EBIT Q/Q Growth	187.21%	78.85%	-187.79%	453.49%	-303.31%	-22.41%	89.85%	-81.02%	0.62%	-4.58%	3.59%
NOPAT Q/Q Growth	195.97%	79.70%	-176.05%	567.48%	-230.14%	-22.75%	84.56%	-80.38%	1.34%	-3.72%	3.05%
Net Income Q/Q Growth	179.97%	87.33%	-220.68%	175.11%	-531.78%	-23.59%	99.90%	-101.21%	-14.05%	0.57%	10.30%
EPS Q/Q Growth	165.17%	86.79%	-220.92%	171.68%	-525.00%	-22.16%	99.03%	-100.00%	-13.59%	1.69%	9.24%
Operating Cash Flow Q/Q Growth	-15.25%	-61.73%	57.45%	-54.46%	-9.65%	50.92%	-18.20%	0.05%	19.04%	-30.42%	64.20%
Free Cash Flow Firm Q/Q Growth	-47.55%	-28.23%	99.18%	-76.57%	-6.43%	94.15%	-31.89%	-9.72%	37.76%	-49.46%	305.96%
Invested Capital Q/Q Growth	-5.46%	-29.57%	-35.10%	-2.24%	-27.07%	-12.88%	-5.19%	-14.16%	-8.78%	-3.61%	-11.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.53%	38.90%	39.87%	42.65%	41.07%	40.63%	41.14%	38.91%	38.48%	39.07%	39.34%
EBITDA Margin	7.44%	-1.59%	-6.37%	7.67%	-5.71%	9.17%	12.68%	2.50%	8.29%	9.40%	10.20%
Operating Margin	5.76%	-3.04%	-7.76%	6.45%	-7.65%	7.52%	11.25%	1.34%	6.57%	7.47%	8.33%
EBIT Margin	5.94%	-3.15%	-7.66%	6.29%	-7.54%	7.74%	11.28%	0.91%	6.55%	7.59%	8.26%
Profit (Net Income) Margin	2.93%	-1.75%	-7.04%	2.77%	-7.74%	5.67%	8.95%	-0.03%	3.51%	4.58%	4.85%
Tax Burden Percent	83.60%	29.21%	74.77%	83.44%	75.29%	88.35%	88.08%	6.60%	79.19%	74.85%	73.77%
Interest Burden Percent	59.06%	189.82%	123.01%	52.83%	136.37%	82.94%	90.06%	-49.30%	67.63%	80.53%	79.54%
Effective Tax Rate	16.40%	0.00%	0.00%	16.56%	0.00%	11.65%	11.92%	0.00%	20.81%	25.15%	26.23%
Return on Invested Capital (ROIC)	9.83%	-4.32%	-10.59%	10.84%	-8.19%	10.73%	16.58%	1.65%	8.62%	9.46%	10.11%
ROIC Less NNEP Spread (ROIC-NNEP)	3.85%	-3.23%	-15.46%	0.18%	-16.77%	6.49%	10.66%	-4.42%	0.70%	5.17%	5.58%
Return on Net Nonoperating Assets (RNNOA)	6.88%	-7.95%	-27.87%	0.17%	-12.32%	3.83%	3.99%	-1.72%	0.39%	3.46%	4.94%
Return on Equity (ROE)	16.71%	-12.27%	-38.46%	11.01%	-20.51%	14.57%	20.58%	-0.07%	9.00%	12.92%	15.05%
Cash Return on Invested Capital (CROIC)	20.66%	31.94%	-0.20%	-30.99%	30.04%	12.35%	4.46%	14.19%	19.27%	10.28%	19.46%
Operating Return on Assets (OROA)	5.59%	-3.10%	-8.10%	6.44%	-5.85%	7.54%	11.02%	0.89%	6.72%	8.28%	8.90%
Return on Assets (ROA)	2.76%	-1.72%	-7.45%	2.84%	-6.00%	5.53%	8.74%	-0.03%	3.60%	4.99%	5.22%
Return on Common Equity (ROCE)	15.88%	-11.51%	-37.16%	10.77%	-20.16%	14.42%	20.46%	-0.07%	8.94%	12.85%	14.98%
Return on Equity Simple (ROE_SIMPLE)	16.76%	-14.07%	-58.98%	10.64%	-24.69%	16.81%	20.31%	-0.07%	9.05%	12.78%	14.34%
Net Operating Profit after Tax (NOPAT)	84	-48	-146	130	-96	151	222	22	130	151	170
NOPAT Margin	4.81%	-2.13%	-5.43%	5.38%	-5.36%	6.64%	9.91%	0.94%	5.20%	5.59%	6.14%
Net Nonoperating Expense Percent (NNEP)	5.98%	-1.09%	4.88%	10.66%	8.59%	4.24%	5.92%	6.07%	7.91%	4.28%	4.54%
Return On Investment Capital (ROIC_SIMPLE)	8.75%	-3.91%	-9.74%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	55.47%	61.10%	60.13%	57.35%	58.93%	59.37%	58.86%	61.09%	61.52%	60.93%	60.66%
SG&A Expenses to Revenue	39.32%	38.17%	33.76%	33.86%	35.70%	29.44%	29.21%	30.04%	30.23%	30.32%	29.52%
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	38.77%	41.94%	47.63%	36.20%	48.72%	33.11%	29.89%	37.57%	31.91%	31.60%	31.02%
Earnings before Interest and Taxes (EBIT)	104	-71	-206	152	-135	176	253	22	163	204	228
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	131	-36	-171	185	-102	209	284	59	207	253	282
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.83	2.47	2.52	3.51	4.20	3.21	2.77	2.84	1.96	1.54	2.71
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.02	0.31	0.30	0.91	1.32	1.08	1.22	1.15	0.76	0.55	0.92
Price to Earnings (P/E)	37.41	0.00	0.00	32.21	0.00	19.13	13.67	8,983.73	21.63	12.12	18.99
Dividend Yield	1.79%	4.62%	3.90%	1.49%	1.39%	1.25%	1.04%	0.85%	1.25%	1.66%	0.96%
Earnings Yield	2.67%	0.00%	0.00%	3.10%	0.00%	5.23%	7.32%	0.01%	4.62%	8.25%	5.27%
Enterprise Value to Invested Capital (EV/IC)	2.83	1.60	1.42	2.09	2.90	2.21	2.23	2.39	1.65	1.33	2.01
Enterprise Value to Revenue (EV/Rev)	1.31	0.65	0.69	1.25	1.53	1.36	1.41	1.28	0.94	0.78	1.16
Enterprise Value to EBITDA (EV/EBITDA)	17.60	0.00	0.00	16.36	0.00	14.80	11.16	51.15	11.39	8.34	11.40
Enterprise Value to EBIT (EV/EBIT)	22.02	0.00	0.00	19.93	0.00	17.56	12.55	139.64	14.42	10.32	14.06
Enterprise Value to NOPAT (EV/NOPAT)	27.20	0.00	0.00	23.32	0.00	20.44	14.28	135.73	18.16	14.02	18.92
Enterprise Value to Operating Cash Flow (EV/OCF)	12.75	11.92	0.00	34.90	8.88	13.87	32.49	14.81	7.95	9.79	10.20
Enterprise Value to Free Cash Flow (EV/FCFF)	12.94	4.11	0.00	0.00	7.80	17.76	53.09	15.78	8.12	12.90	9.83
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.05	3.07	3.42	1.50	1.26	1.03	0.58	0.82	0.84	0.84	0.96
Long-Term Debt to Equity	1.79	2.02	2.13	1.14	1.24	0.55	0.44	0.78	0.80	0.82	0.91
Financial Leverage	1.79	2.46	1.80	0.97	0.73	0.59	0.37	0.39	0.55	0.67	0.88
Leverage Ratio	6.05	7.13	5.16	3.88	3.42	2.63	2.35	2.50	2.50	2.59	2.88
Compound Leverage Factor	3.57	13.53	6.35	2.05	4.66	2.19	2.12	-1.23	1.69	2.08	2.29
Debt to Total Capital	67.19%	75.43%	77.35%	60.01%	55.77%	50.63%	36.52%	45.03%	45.73%	45.51%	48.99%
Short-Term Debt to Total Capital	8.29%	25.80%	29.06%	14.59%	0.77%	23.62%	8.48%	2.19%	2.25%	0.95%	2.54%
Long-Term Debt to Total Capital	58.89%	49.62%	48.30%	45.42%	55.00%	27.01%	28.04%	42.85%	43.48%	44.56%	46.45%
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	0.95%	1.75%	1.23%	0.92%	0.90%	0.74%	0.36%	0.32%	0.42%	0.34%	0.24%
Common Equity to Total Capital	31.86%	22.82%	21.42%	39.08%	43.33%	48.62%	63.12%	54.64%	53.85%	54.16%	50.77%
Debt to EBITDA	4.97	-25.87	-6.77	5.22	-7.07	3.83	2.01	13.33	3.97	3.20	3.20
Net Debt to EBITDA	3.80	-20.84	-6.00	4.35	-3.67	2.96	1.50	5.14	2.18	2.43	2.41
Long-Term Debt to EBITDA	4.35	-17.02	-4.23	3.95	-6.97	2.04	1.54	12.68	3.77	3.13	3.03
Debt to NOPAT	7.67	-19.29	-7.94	7.44	-7.53	5.28	2.57	35.38	6.33	5.38	5.31
Net Debt to NOPAT	5.87	-15.54	-7.04	6.20	-3.91	4.09	1.93	13.63	3.48	4.09	3.99
Long-Term Debt to NOPAT	6.73	-12.69	-4.96	5.63	-7.42	2.82	1.97	33.66	6.02	5.27	5.04
Altman Z-Score	2.88	1.87	1.61	2.49	2.53	2.82	3.75	3.06	2.96	2.86	3.18
Noncontrolling Interest Sharing Ratio	4.96%	6.23%	3.38%	2.17%	1.72%	0.98%	0.58%	0.68%	0.70%	0.55%	0.47%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.29	1.18	1.14	1.19	2.23	1.23	1.83	2.97	3.09	2.87	3.06
Quick Ratio	0.39	0.27	0.22	0.42	1.52	0.65	1.07	2.08	1.90	1.40	1.57
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	177	353	-2.78	-371	352	174	60	190	290	164	326
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	493.18%	3,000.97%	647.09%	500.00%	625.62%	535.80%	464.44%	1,048.67%
Free Cash Flow to Firm to Interest Expense	4.16	5.56	-0.06	-5.18	7.17	5.80	2.38	5.93	5.48	4.11	6.99
Operating Cash Flow to Interest Expense	4.22	1.92	-3.78	1.21	6.30	7.42	3.88	6.31	5.60	5.41	6.74
Operating Cash Flow Less CapEx to Interest Expense	6.14	4.66	-2.65	0.97	6.09	6.27	3.11	5.31	4.56	4.25	6.09
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.94	0.98	1.06	1.02	0.78	0.98	0.98	0.97	1.03	1.09	1.08
Accounts Receivable Turnover	7.97	9.49	9.57	8.22	5.98	6.57	7.08	8.79	8.87	8.80	7.77
Inventory Turnover	3.17	2.45	2.91	4.55	3.57	4.06	4.44	4.59	3.76	3.72	3.98
Fixed Asset Turnover	18.87	19.29	20.25	19.05	13.49	16.72	16.74	16.62	17.97	20.06	19.13
Accounts Payable Turnover	4.79	5.73	6.53	6.80	5.45	6.68	7.23	9.17	8.76	9.40	11.77
Days Sales Outstanding (DSO)	45.78	38.45	38.15	44.43	61.08	55.58	51.55	41.52	41.13	41.47	46.98
Days Inventory Outstanding (DIO)	115.14	148.99	125.56	80.19	102.24	90.01	82.30	79.50	96.95	98.00	91.77
Days Payable Outstanding (DPO)	76.28	63.68	55.88	53.64	66.93	54.67	50.49	39.80	41.68	38.85	31.01
Cash Conversion Cycle (CCC)	84.64	123.76	107.84	70.98	96.39	90.92	83.36	81.22	96.40	100.62	107.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	812	905	1,306	1,450	948	1,396	1,419	1,257	1,425	1,585	1,599
Invested Capital Turnover	2.04	2.03	1.95	2.01	1.53	1.62	1.67	1.75	1.66	1.69	1.65
Increase / (Decrease) in Invested Capital	-93	-401	-143	501	-448	-23	162	-168	-160	-13	-157
Enterprise Value (EV)	2,297	1,452	1,852	3,029	2,746	3,088	3,168	3,002	2,356	2,110	3,209
Market Capitalization	1,792	688	808	2,209	2,359	2,459	2,735	2,695	1,897	1,489	2,527
Book Value per Share	$3.84	$3.50	$4.07	$7.64	$6.84	$9.48	$10.40	$9.92	$9.80	$9.37	$9.19
Tangible Book Value per Share	($4.02)	($4.50)	($6.42)	($8.74)	($4.10)	($4.38)	($1.21)	($1.69)	($2.23)	($2.41)	($3.03)
Total Capital	965	1,221	1,497	1,611	1,296	1,577	1,562	1,738	1,795	1,780	1,839
Total Debt	648	921	1,158	967	723	798	571	783	821	810	901
Total Long-Term Debt	568	606	723	732	713	426	438	745	780	793	854
Net Debt	496	742	1,027	805	375	618	427	302	451	616	677
Capital Expenditures (CapEx)	-82	-174	-54	18	10	34	20	32	55	46	30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	83	292	459	217	161	372	384	269	368	483	524
Debt-free Net Working Capital (DFNWC)	235	471	590	379	508	552	527	750	738	677	748
Net Working Capital (NWC)	155	156	155	144	498	180	395	712	698	661	702
Net Nonoperating Expense (NNE)	33	-8.54	43	63	43	22	22	23	42	27	36
Net Nonoperating Obligations (NNO)	496	605	967	805	375	618	427	302	451	616	661
Total Depreciation and Amortization (D&A)	26	35	35	33	33	33	32	37	44	49	53
Debt-free, Cash-free Net Working Capital to Revenue	4.75%	13.01%	17.08%	9.00%	8.98%	16.34%	17.15%	11.45%	14.76%	17.96%	18.99%
Debt-free Net Working Capital to Revenue	13.41%	20.99%	21.98%	15.70%	28.37%	24.29%	23.54%	31.91%	29.59%	25.17%	27.10%
Net Working Capital to Revenue	8.85%	6.94%	5.77%	5.97%	27.82%	7.90%	17.62%	30.30%	27.97%	24.54%	25.41%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.58	($0.51)	($2.37)	$0.82	($1.70)	$1.48	$2.07	$0.00	$0.90	$1.22	$1.33
Adjusted Weighted Average Basic Shares Outstanding	80.37M	79.75M	78.93M	81.69M	82.48M	81.93M	91.52M	96.01M	96.73M	99.89M	103.08M
Adjusted Diluted Earnings per Share	$0.58	($0.51)	($2.37)	$0.81	($1.70)	$1.44	$2.05	$0.00	$0.89	$1.20	$1.30
Adjusted Weighted Average Diluted Shares Outstanding	80.37M	79.75M	78.93M	81.69M	82.48M	81.93M	91.52M	96.01M	96.73M	99.89M	103.08M
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	80.37M	79.75M	78.93M	81.69M	82.48M	81.93M	91.52M	96.01M	96.73M	99.89M	103.08M
Normalized Net Operating Profit after Tax (NOPAT)	85	19	91	177	60	151	222	121	163	176	189
Normalized NOPAT Margin	4.85%	0.83%	3.40%	7.33%	3.33%	6.64%	9.91%	5.16%	6.53%	6.55%	6.84%
Pre Tax Income Margin	3.51%	-5.98%	-9.42%	3.33%	-10.28%	6.42%	10.16%	-0.45%	4.43%	6.12%	6.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.44	-1.11	-4.35	2.12	-2.75	5.86	10.06	0.67	3.09	5.14	4.89
NOPAT to Interest Expense	1.98	-0.75	-3.08	1.81	-1.95	5.04	8.84	0.69	2.45	3.78	3.63
EBIT Less CapEx to Interest Expense	4.37	1.63	-3.22	1.87	-2.96	4.72	9.28	-0.34	2.04	3.97	4.24
NOPAT Less CapEx to Interest Expense	3.90	1.99	-1.95	1.57	-2.16	3.89	8.06	-0.32	1.41	2.62	2.99
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	63.11%	-83.16%	-17.35%	50.00%	-24.24%	26.07%	14.28%	-3,285.71%	26.86%	19.81%	17.92%
Augmented Payout Ratio	63.11%	-83.16%	-60.34%	109.10%	-39.39%	273.70%	101.50%	-10,642.86%	87.09%	94.97%	17.92%

This table displays calculated financial ratios and metrics derived from Wolverine World Wide's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.41%	-6.08%	-16.58%	-27.82%	-34.12%	-20.80%	-23.68%	-17.45%	-2.50%	4.63%	8.59%
EBITDA Growth	468.75%	125.08%	32.26%	-34.48%	-90.87%	59.71%	-47.13%	-68.62%	80.14%	-220,250.00%	25.00%
EBIT Growth	1,021.74%	120.25%	56.63%	-35.70%	-105.22%	58.59%	-55.62%	-72.21%	113.04%	-4,442.42%	30.77%
NOPAT Growth	939.06%	127.01%	11.31%	-31.84%	-107.53%	58.90%	-50.05%	-72.17%	110.01%	-5,126.44%	75.89%
Net Income Growth	189.05%	127.92%	170.00%	-36.07%	-176.11%	74.89%	-76.80%	-80.40%	114.29%	-2,305.33%	4,950.00%
EPS Growth	168.42%	127.83%	154.55%	-43.33%	-182.61%	74.44%	-77.08%	-80.39%	91.67%	-2,547.06%	0.00%
Operating Cash Flow Growth	-125.27%	-28.22%	378.15%	-81.42%	61.96%	-63.12%	83.95%	192.47%	-5.73%	345.99%	-598.27%
Free Cash Flow Firm Growth	-90.88%	-52.50%	-39.57%	-22.68%	125.50%	254.22%	257.65%	183.39%	134.73%	65.48%	-212.71%
Invested Capital Growth	-2.34%	-10.27%	-33.16%	-27.32%	-31.98%	-30.70%	-36.14%	-25.92%	-10.75%	-9.87%	35.77%
Revenue Q/Q Growth	-16.66%	12.38%	3.53%	7.67%	-25.02%	-0.19%	-10.42%	-1.72%	-9.86%	-3.82%	-3.11%
EBITDA Q/Q Growth	-38.65%	-1.33%	24.93%	652.08%	102.71%	-620.23%	-38.11%	4.75%	111.95%	-782.64%	-63.27%
EBIT Q/Q Growth	-43.77%	-3.33%	30.43%	1,400.00%	98.76%	-847.79%	-46.45%	5.44%	109.81%	-901.60%	-66.47%
NOPAT Q/Q Growth	-48.47%	21.44%	15.36%	1,262.21%	98.34%	-600.53%	-29.36%	28.42%	109.05%	-708.28%	-60.65%
Net Income Q/Q Growth	-51.78%	4.12%	55.77%	213.87%	84.88%	-1,106.67%	-63.11%	35.56%	104.99%	-1,029.90%	-68.84%
EPS Q/Q Growth	-59.38%	14.29%	64.71%	189.47%	83.48%	-1,145.45%	-63.33%	30.43%	105.11%	-1,037.50%	-68.63%
Operating Cash Flow Q/Q Growth	-201.70%	-23.84%	305.24%	171.77%	-132.40%	395.12%	-127.07%	246.93%	-131.42%	228.48%	-55.92%
Free Cash Flow Firm Q/Q Growth	-68.51%	-71.82%	20.69%	-14.85%	64.02%	-64.15%	54.41%	148.33%	212.17%	63.35%	18.33%
Invested Capital Q/Q Growth	13.87%	-5.46%	-8.27%	-1.11%	4.63%	-29.57%	-0.26%	-7.45%	6.60%	-35.10%	15.70%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	47.25%	44.01%	45.25%	43.09%	45.94%	36.64%	40.82%	38.67%	39.42%	33.71%	40.18%
EBITDA Margin	6.62%	9.00%	10.25%	8.49%	1.22%	-33.68%	6.46%	9.35%	8.78%	-66.21%	9.33%
Operating Margin	4.78%	8.05%	8.00%	6.84%	-0.79%	-35.49%	5.17%	7.83%	7.56%	-68.38%	8.50%
EBIT Margin	5.14%	7.62%	8.86%	7.03%	-0.58%	-35.35%	4.72%	7.89%	7.36%	-67.62%	8.11%
Profit (Net Income) Margin	2.96%	5.11%	5.52%	3.67%	-3.47%	-17.20%	1.71%	4.14%	3.00%	-54.26%	5.61%
Tax Burden Percent	92.42%	88.77%	82.65%	86.67%	95.80%	44.79%	95.74%	80.26%	63.60%	77.47%	88.99%
Interest Burden Percent	62.26%	75.60%	75.38%	60.20%	621.74%	108.65%	37.75%	65.38%	64.17%	103.56%	77.72%
Effective Tax Rate	7.58%	11.23%	17.35%	13.33%	0.00%	0.00%	4.26%	19.74%	36.40%	0.00%	11.01%
Return on Invested Capital (ROIC)	8.36%	14.59%	11.01%	9.99%	-0.96%	-50.38%	7.15%	10.56%	8.69%	-93.26%	11.50%
ROIC Less NNEP Spread (ROIC-NNEP)	7.43%	12.77%	10.37%	8.78%	-2.29%	-45.26%	5.64%	9.29%	7.61%	-98.05%	10.26%
Return on Net Nonoperating Assets (RNNOA)	16.52%	22.81%	23.36%	21.88%	-6.56%	-111.41%	12.29%	18.07%	15.79%	-176.73%	16.99%
Return on Equity (ROE)	24.88%	37.41%	34.37%	31.87%	-7.52%	-161.78%	19.44%	28.63%	24.49%	-269.99%	28.48%
Cash Return on Invested Capital (CROIC)	13.86%	20.66%	31.55%	23.24%	31.09%	31.94%	29.84%	15.71%	2.70%	-0.20%	-19.37%
Operating Return on Assets (OROA)	5.15%	7.17%	7.94%	6.35%	-0.56%	-34.81%	4.16%	7.57%	7.61%	-71.49%	7.36%
Return on Assets (ROA)	2.97%	4.81%	4.94%	3.31%	-3.31%	-16.94%	1.50%	3.97%	3.11%	-57.36%	5.09%
Return on Common Equity (ROCE)	24.12%	35.55%	32.86%	30.45%	-7.20%	-151.71%	18.74%	27.57%	23.55%	-260.87%	27.78%
Return on Equity Simple (ROE_SIMPLE)	24.92%	0.00%	-22.35%	-30.41%	-28.08%	0.00%	-90.36%	-80.62%	-54.96%	0.00%	23.85%
Net Operating Profit after Tax (NOPAT)	18	35	29	25	-2.17	-131	26	37	29	-318	52
NOPAT Margin	4.42%	7.14%	6.61%	5.93%	-0.55%	-24.84%	4.95%	6.28%	4.81%	-47.86%	7.57%
Net Nonoperating Expense Percent (NNEP)	0.93%	1.82%	0.65%	1.21%	1.33%	-5.12%	1.52%	1.26%	1.09%	4.80%	1.24%
Return On Investment Capital (ROIC_SIMPLE)	1.77%	3.66%	-	-	-	-10.72%	-	-	-	-21.26%	-
Cost of Revenue to Revenue	52.75%	55.99%	54.75%	56.91%	54.06%	63.36%	59.18%	61.33%	60.58%	66.29%	59.82%
SG&A Expenses to Revenue	41.72%	35.46%	38.89%	39.18%	44.77%	46.59%	38.53%	33.19%	35.37%	37.46%	31.36%
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	42.47%	35.96%	37.26%	36.24%	46.72%	72.13%	35.65%	30.84%	31.87%	102.09%	31.67%
Earnings before Interest and Taxes (EBIT)	21	38	39	30	-2.30	-186	25	47	44	-450	56
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	27	45	45	36	4.80	-177	34	55	53	-440	65
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.53	5.83	4.83	4.09	3.53	2.47	1.81	3.23	3.96	2.52	1.74
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.62	1.02	0.78	0.57	0.44	0.31	0.26	0.44	0.48	0.30	0.43
Price to Earnings (P/E)	14.93	37.41	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.22
Dividend Yield	2.93%	1.79%	2.30%	2.98%	3.57%	4.62%	5.13%	2.84%	2.44%	3.90%	2.75%
Earnings Yield	6.70%	2.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	13.85%
Enterprise Value to Invested Capital (EV/IC)	1.85	2.83	2.29	1.87	1.67	1.60	1.23	1.61	1.71	1.42	1.24
Enterprise Value to Revenue (EV/Rev)	0.97	1.31	1.10	0.93	0.78	0.65	0.66	0.82	0.89	0.69	0.94
Enterprise Value to EBITDA (EV/EBITDA)	11.19	17.60	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.28
Enterprise Value to EBIT (EV/EBIT)	13.39	22.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.68
Enterprise Value to NOPAT (EV/NOPAT)	15.92	27.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	13.04
Enterprise Value to Operating Cash Flow (EV/OCF)	12.82	12.75	9.24	26.72	8.70	11.92	4.95	18.08	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	13.19	12.94	5.81	6.76	4.36	4.11	3.20	8.74	59.67	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.22	2.05	2.37	3.01	3.29	3.07	3.02	3.03	3.43	3.42	2.19
Long-Term Debt to Equity	1.76	1.79	1.91	2.14	2.24	2.02	1.97	1.96	2.09	2.13	1.08
Financial Leverage	2.22	1.79	2.25	2.49	2.87	2.46	2.18	1.94	2.08	1.80	1.66
Leverage Ratio	6.09	6.05	6.05	6.52	7.06	7.13	5.21	5.16	5.38	5.16	4.45
Compound Leverage Factor	3.79	4.58	4.56	3.92	43.91	7.75	1.97	3.37	3.45	5.35	3.46
Debt to Total Capital	68.90%	67.19%	70.32%	75.08%	76.71%	75.43%	75.14%	75.22%	77.41%	77.35%	68.63%
Short-Term Debt to Total Capital	14.06%	8.29%	13.51%	21.66%	24.62%	25.80%	26.05%	26.68%	30.16%	29.06%	34.89%
Long-Term Debt to Total Capital	54.85%	58.89%	56.81%	53.42%	52.09%	49.62%	49.10%	48.53%	47.26%	48.30%	33.74%
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	0.99%	0.95%	0.86%	0.76%	0.68%	1.75%	1.39%	1.36%	1.17%	1.23%	0.80%
Common Equity to Total Capital	30.11%	31.86%	28.82%	24.15%	22.61%	22.82%	23.47%	23.43%	21.41%	21.42%	30.56%
Debt to EBITDA	4.65	4.97	-7.69	-7.96	-10.27	-25.87	-3.67	-4.15	-8.00	-6.77	5.47
Net Debt to EBITDA	3.95	3.80	-6.16	-6.51	-8.24	-20.84	-3.14	-3.50	-7.21	-6.00	4.97
Long-Term Debt to EBITDA	3.70	4.35	-6.21	-5.66	-6.98	-17.02	-2.40	-2.68	-4.88	-4.23	2.69
Debt to NOPAT	6.61	7.67	-7.99	-8.71	-10.50	-19.29	-4.66	-5.22	-9.23	-7.94	7.69
Net Debt to NOPAT	5.62	5.87	-6.39	-7.13	-8.42	-15.54	-3.98	-4.40	-8.32	-7.04	6.98
Long-Term Debt to NOPAT	5.26	6.73	-6.45	-6.20	-7.13	-12.69	-3.05	-3.37	-5.64	-4.96	3.78
Altman Z-Score	2.39	2.75	2.42	2.24	2.11	1.68	2.02	2.14	2.15	1.29	1.82
Noncontrolling Interest Sharing Ratio	3.06%	4.96%	4.38%	4.46%	4.22%	6.23%	3.63%	3.69%	3.80%	3.38%	2.47%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.26	1.29	1.23	1.19	1.13	1.18	1.29	1.21	1.16	1.14	1.17
Quick Ratio	0.63	0.39	0.62	0.63	0.55	0.27	0.51	0.43	0.35	0.22	0.43
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	40	128	455	377	443	270	754	488	197	-175	-478
Operating Cash Flow to CapEx	-1,102.63%	1,030.00%	2,639.02%	890.00%	-729.41%	0.00%	-904.65%	2,082.61%	-1,339.73%	2,394.62%	-3,274.32%
Free Cash Flow to Firm to Interest Expense	5.05	13.95	47.44	31.71	36.93	16.78	48.62	30.31	12.44	-10.95	-38.24
Operating Cash Flow to Interest Expense	-10.48	8.96	11.27	2.24	-3.10	7.13	-2.51	8.93	-6.19	19.46	-19.38
Operating Cash Flow Less CapEx to Interest Expense	-11.43	8.09	10.84	1.99	-3.53	7.37	-2.79	8.50	-6.65	18.64	-19.98
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.00	0.94	0.90	0.90	0.95	0.98	0.88	0.96	1.03	1.06	0.91
Accounts Receivable Turnover	7.54	7.97	6.92	7.30	8.45	9.49	6.69	7.69	8.59	9.57	6.62
Inventory Turnover	3.13	3.17	2.43	2.33	2.26	2.45	2.05	2.45	2.69	2.91	2.39
Fixed Asset Turnover	18.94	18.87	16.61	16.70	17.49	19.29	18.86	19.44	19.85	20.25	20.97
Accounts Payable Turnover	5.19	4.79	4.82	5.08	5.69	5.73	5.74	5.54	6.24	6.53	5.31
Days Sales Outstanding (DSO)	48.44	45.78	52.74	50.01	43.19	38.45	54.57	47.44	42.51	38.15	55.16
Days Inventory Outstanding (DIO)	116.69	115.14	150.45	156.57	161.48	148.99	178.45	148.82	135.89	125.56	152.54
Days Payable Outstanding (DPO)	70.37	76.28	75.75	71.87	64.16	63.68	63.62	65.92	58.51	55.88	68.79
Cash Conversion Cycle (CCC)	94.76	84.64	127.44	134.71	140.51	123.76	169.39	130.33	119.88	107.84	138.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	925	812	859	937	947	905	1,286	1,289	1,393	1,306	2,013
Invested Capital Turnover	1.89	2.04	1.67	1.68	1.74	2.03	1.44	1.68	1.81	1.95	1.52
Increase / (Decrease) in Invested Capital	-22	-93	-426	-352	-445	-401	-727	-451	-168	-143	530
Enterprise Value (EV)	1,712	2,297	1,964	1,747	1,586	1,452	1,576	2,078	2,376	1,852	2,502
Market Capitalization	1,097	1,792	1,393	1,073	892	688	620	1,121	1,293	808	1,146
Book Value per Share	$3.86	$3.84	$3.60	$3.28	$3.16	$3.50	$4.31	$4.37	$4.14	$4.07	$8.34
Tangible Book Value per Share	($4.02)	($4.02)	($4.44)	($4.63)	($4.76)	($4.50)	($5.25)	($5.81)	($6.04)	($6.42)	($7.57)
Total Capital	1,032	965	1,000	1,085	1,117	1,221	1,459	1,480	1,525	1,497	2,149
Total Debt	711	648	703	815	857	921	1,096	1,114	1,181	1,158	1,475
Total Long-Term Debt	566	568	568	580	582	606	716	719	721	723	725
Net Debt	604	496	563	666	687	742	936	937	1,065	1,027	1,339
Capital Expenditures (CapEx)	7.60	8.00	4.10	3.00	5.10	-3.90	4.30	6.90	7.30	13	7.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	180	83	139	212	201	292	465	418	511	459	834
Debt-free Net Working Capital (DFNWC)	286	235	279	360	371	471	626	595	627	590	971
Net Working Capital (NWC)	141	155	144	125	96	156	246	200	167	155	221
Net Nonoperating Expense (NNE)	6.01	10	4.79	9.62	12	-40	17	13	11	43	14
Net Nonoperating Obligations (NNO)	604	496	563	666	687	605	923	922	1,048	967	1,339
Total Depreciation and Amortization (D&A)	6.10	6.80	6.10	6.20	7.10	8.80	9.20	8.60	8.50	9.40	8.40
Debt-free, Cash-free Net Working Capital to Revenue	10.14%	4.75%	7.75%	11.30%	9.86%	13.01%	19.53%	16.43%	19.12%	17.08%	31.41%
Debt-free Net Working Capital to Revenue	16.15%	13.41%	15.60%	19.22%	18.18%	20.99%	26.27%	23.37%	23.48%	21.98%	36.55%
Net Working Capital to Revenue	7.97%	8.85%	8.04%	6.68%	4.69%	6.94%	10.31%	7.85%	6.24%	5.77%	8.30%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.13	$0.32	$0.28	$0.17	($0.19)	($1.15)	$0.11	$0.30	$0.23	($4.51)	$0.49
Adjusted Weighted Average Basic Shares Outstanding	81.04M	80.37M	80.07M	80.01M	79.93M	79.75M	79.53M	79.51M	79.43M	78.93M	78.76M
Adjusted Diluted Earnings per Share	$0.13	$0.32	$0.28	$0.17	($0.19)	($1.15)	$0.11	$0.30	$0.23	($4.50)	$0.48
Adjusted Weighted Average Diluted Shares Outstanding	81.04M	80.37M	80.07M	80.01M	79.93M	79.75M	79.53M	79.51M	79.43M	78.93M	78.76M
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	81.04M	80.37M	80.07M	80.01M	79.93M	79.75M	79.53M	79.51M	79.43M	78.93M	78.76M
Normalized Net Operating Profit after Tax (NOPAT)	18	35	22	14	3.22	-40	9.38	26	28	-318	52
Normalized NOPAT Margin	4.42%	7.14%	5.01%	3.38%	0.82%	-7.63%	1.78%	4.40%	4.71%	-47.86%	7.57%
Pre Tax Income Margin	3.20%	5.76%	6.68%	4.23%	-3.62%	-38.41%	1.78%	5.16%	4.72%	-70.03%	6.31%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.65	4.10	4.06	2.51	-0.19	-11.57	1.61	2.89	2.79	-28.11	4.49
NOPAT to Interest Expense	2.28	3.84	3.03	2.12	-0.18	-8.13	1.69	2.30	1.82	-19.89	4.19
EBIT Less CapEx to Interest Expense	1.70	3.23	3.64	2.26	-0.62	-11.32	1.33	2.46	2.33	-28.92	3.90
NOPAT Less CapEx to Interest Expense	1.33	2.97	2.60	1.87	-0.61	-7.88	1.41	1.87	1.36	-20.71	3.59
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	42.51%	63.11%	-50.47%	-40.65%	-45.56%	-83.16%	-10.54%	-11.59%	-18.27%	-17.35%	21.06%
Augmented Payout Ratio	42.51%	63.11%	-50.47%	-40.65%	-45.56%	-83.16%	-10.54%	-11.59%	-18.27%	-60.34%	81.05%

Frequently Asked Questions About Wolverine World Wide's Financials

When does Wolverine World Wide's fiscal year end?

According to the most recent income statement we have on file, Wolverine World Wide's financial year ends in December. Their financial year 2024 ended on December 28, 2024.

How has Wolverine World Wide's net income changed over the last 10 years?

Wolverine World Wide's net income appears to be on a downward trend, with a most recent value of $51.50 million in 2024, falling from $133.90 million in 2014. The previous period was -$39.20 million in 2023. See Wolverine World Wide's forecast for analyst expectations on what’s next for the company.

What is Wolverine World Wide's operating income?

Wolverine World Wide's total operating income in 2024 was $101 million, based on the following breakdown:

Total Gross Profit: $781.50 million
Total Operating Expenses: $680.50 million

How has Wolverine World Wide revenue changed over the last 10 years?

Over the last 10 years, Wolverine World Wide's total revenue changed from $2.76 billion in 2014 to $1.76 billion in 2024, a change of -36.4%.

How much debt does Wolverine World Wide have?

Wolverine World Wide's total liabilities were at $1.35 billion at the end of 2024, a 23.3% decrease from 2023, and a 13.7% decrease since 2014.

How has Wolverine World Wide's book value per share changed over the last 10 years?

Over the last 10 years, Wolverine World Wide's book value per share changed from 9.19 in 2014 to 3.84 in 2024, a change of -58.2%.

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This page (NYSE:WWW) was last updated on 5/25/2025 by MarketBeat.com Staff

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Wolverine World Wide (WWW) Financials

Frequently Asked Questions About Wolverine World Wide's Financials

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Wolverine World Wide (WWW) Financials

Annual Income Statements for Wolverine World Wide

Quarterly Income Statements for Wolverine World Wide

Annual Cash Flow Statements for Wolverine World Wide

Quarterly Cash Flow Statements for Wolverine World Wide

Annual Balance Sheets for Wolverine World Wide

Quarterly Balance Sheets for Wolverine World Wide

Annual Metrics And Ratios for Wolverine World Wide

Quarterly Metrics And Ratios for Wolverine World Wide

Frequently Asked Questions About Wolverine World Wide's Financials

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