WABASH NATIONAL Corp
WNC NYSE· Truck Trailers
Last close · Oct 23, 2026
$12.87
KIRA · Stoqly’s AI analyst, in plain words
- WABASH NATIONAL Corp had $1.5B of revenue in fiscal 2025, down 20.8% on the year before. Over five years, revenue changed +0.8% a year on average.
- Its operating margin was 19.9%, up 38.2 pts: of every 100 in sales, about 20 is left after running the business.
- WABASH NATIONAL Corp made $211M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 12.1% a year.
- Free cash flow was −$13.0M in fiscal 2025, −0.8% of revenue.
- WABASH NATIONAL Corp returned $13.8M to shareholders in fiscal 2025. The diluted share count fell 5.9%.
- WABASH NATIONAL Corp owes $413M more than it holds in cash, about 1.1 years of operating profit.
Market cap
$524M
P/E
—
Revenue
$1.5B
Net income
$211M
Free cash flow
−$13.0M
Operating margin
19.9%
WABASH NATIONAL Corp in 30 seconds · fiscal 2025
Are sales growing?
−20.8%
No. Sales fell 20.8% last year.
Does it make a profit?
13.7%
Yes. It keeps 13.7% of every sale as profit.
Does profit turn into cash?
−0.8%
No. It spent more cash than it brought in.
Is debt under control?
1.1x
Keep an eye on it. Repaying its debt would take 1.1 years of operating profit.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What WABASH NATIONAL Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 18, 2026
- Legal name
- WABASH NATIONAL Corp
- CIK
- 0000879526
WABASH NATIONAL Corp · WNC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.8B | $2.5B | $2.5B | $1.9B | $1.5B |
| Revenue growth | 21.7% | 38.8% | 1.4% | −23.3% | −20.8% |
| Gross margin | 10.9% | 12.9% | 19.6% | 13.6% | 4.5% |
| Operating margin | 1.9% | 6.7% | 12.3% | −18.3% | 19.9% |
| Net income | $1.2M | $112M | $231M | −$284M | $211M |
| Net margin | 0.1% | 4.5% | 9.1% | −14.6% | 13.7% |
| Diluted EPS | $0.02 | $2.25 | $4.81 | −$6.40 | $5.07 |
| Cash | |||||
| Cash from operations | −$7.5M | $124M | $320M | $117M | $11.7M |
| Capital expenditure | $49.1M | $57.1M | $98.1M | $72.2M | $24.7M |
| Free cash flow | −$56.6M | $67.0M | $222M | $45.1M | −$13.0M |
| FCF margin | −3.1% | 2.7% | 8.7% | 2.3% | −0.8% |
| Dividends paid | $16.4M | $16.0M | $15.9M | $14.8M | $13.8M |
| Share count change | −2.5% | −3.3% | −3.7% | −7.6% | −5.9% |
| Debt and strength | |||||
| Cash and short-term investments | $71.8M | $58.2M | $179M | $115M | $31.9M |
| Debt incl. finance leases | $433M | $400M | $400M | $400M | $445M |
| Shareholders' equity | $326M | $398M | $549M | $189M | $367M |
| Net debt / EBITDA | 4.4x | 1.6x | 0.6x | — | 1.1x |
| Current ratio | 1.8x | 1.7x | 1.9x | 1.9x | 1.4x |
| Interest coverage | 1.5x | 8.1x | 15.7x | −17.9x | 14.4x |
| Returns and quality | |||||
| Return on capital | 4.4% | 17.4% | 31.9% | −59.4% | 29.4% |
| Return on equity | 0.3% | 31.0% | 48.8% | −77.0% | 76.0% |
| Return on tangible equity | 5.1% | 102.1% | 84.2% | — | 187.8% |
| Piotroski F-score | 5 | 8 | 8 | 4 | 4 |
| Altman Z'' | 2.3 | 3.3 | 4.8 | 0.0 | 3.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.1M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
WABASH NATIONAL Corp · WNC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $12.87 a share, the company is worth $524M.
Source: SEC EDGAR XBRL filings (CIK 0000879526). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.