WGO Financials Winnebago Industries Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Oct 24, 2026, 11:08 UTC Overview →

Growth & profitability

Revenue has declined 5.7% per year over the past 5 years.
Net income has grown slower than revenue (-34.3% vs -5.7% per year).
Operating margin has contracted, at 2.4% in the latest year.
Free cash flow has declined 5.6% per year over the past 5 years.

Financial health

Total debt ($443M) exceeds cash ($181M); net debt is $262M.
Total debt has grown in line with revenue (-3.5% vs -5.7% per year).
Operating income covered interest expense 3.2× in the latest year.
Total debt is 3.5× EBITDA.

Shareholder returns

Dividends have been paid for 12 consecutive years, consuming 115.7% of earnings and 27.6% of free cash flow.
The dividend has grown 19.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$2.7B	$35M	13.0%	2.4%	2.8%	1.6%	$145M	$443M	$181M
2025	$2.8B	$26M	13.0%	2.0%	2.1%	1.2%	$90M	$541M	$174M
2024	$3.0B	$13M	14.6%	3.4%	1.0%	0.5%	$99M	$637M	$331M
2023	$3.5B	$216M	16.8%	8.6%	15.8%	8.9%	$211M	$592M	$310M
2022	$5.0B	$391M	18.7%	11.8%	30.9%	16.2%	$313M	$546M	$282M
2021	$3.6B	$282M	17.9%	11.2%	26.7%	13.7%	$192M	$529M	$435M
2020	$2.4B	$61M	13.3%	4.8%	7.4%	3.6%	$238M	$513M	$293M
2019	$2.0B	$112M	15.5%	7.8%	17.7%	10.1%	$93M	$254M	$37M
2018	$2.0B	$102M	14.9%	8.0%	19.2%	9.7%	$55M	$291M	$2M
2017	—	$71M	—	—	16.1%	7.9%	$83M	$275M	$36M
2016	—	$45M	—	—	17.0%	11.6%	$28M	$0	$86M
2015	—	$41M	—	—	18.7%	11.4%	$29M	—	$70M
2014	—	$45M	—	—	23.4%	12.6%	$13M	—	$58M
2013	—	$32M	—	—	18.7%	10.3%	$6M	—	$64M
2012	—	$45M	—	—	31.1%	15.7%	-$2M	—	$63M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Aug '26	$645M	$10M	12.5%	2.7%	0.8%	0.5%	$135M	$443M	$181M
May '26	$699M	$15M	13.6%	3.3%	1.2%	0.7%	$19M	$443M	$57M
Feb '26	$657M	$5M	13.0%	1.8%	0.4%	0.2%	-$29M	$442M	$47M
Nov '25	$703M	$6M	12.7%	2.0%	0.4%	0.3%	$20M	$541M	$182M
Aug '25	$777M	$14M	12.8%	2.6%	1.1%	0.6%	$171M	$541M	$174M
May '25	$775M	$18M	13.7%	3.9%	1.4%	0.8%	-$36M	$540M	$11M
Mar '25	$620M	-$400000	13.4%	1.3%	-0.0%	-0.0%	-$19M	$539M	$116M
Nov '24	$626M	-$5M	12.3%	-0.1%	-0.4%	-0.2%	-$27M	$638M	$263M
Aug '24	$721M	-$29M	13.1%	-2.5%	-2.3%	-1.2%	$30M	$637M	$331M
May '24	$786M	$29M	15.0%	5.5%	2.2%	1.2%	$88M	$636M	$318M
Feb '24	$704M	-$13M	15.0%	5.0%	-1.0%	-0.5%	$14M	$695M	$266M
Nov '23	$763M	$26M	15.2%	5.1%	1.9%	1.1%	-$33M	$593M	$220M
Aug '23	$771M	$44M	16.5%	7.5%	3.2%	1.8%	$123M	$592M	$310M
May '23	$901M	$59M	16.8%	8.9%	4.3%	2.4%	$121M	$592M	$226M
Feb '23	$867M	$53M	16.9%	8.9%	3.9%	2.2%	-$35M	$591M	$229M
Nov '22	$952M	$60M	16.8%	9.0%	4.7%	2.5%	$2M	$590M	$272M
Aug '22	$1.2B	$83M	17.8%	10.5%	6.5%	3.4%	$131M	$546M	$282M
May '22	$1.5B	$117M	18.7%	12.1%	9.3%	4.8%	$179M	$541M	$238M
Feb '22	$1.2B	$91M	18.6%	11.7%	7.5%	3.9%	-$31M	$537M	$135M
Nov '21	$1.2B	$100M	19.8%	12.7%	8.6%	4.5%	$33M	$533M	$211M

Valuation over time

How the market has priced WGO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 4.2× (Mar '23) to 26.7× (Nov '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.3× (Nov '26).
The dividend yield has risen from 1.5% (Mar '23) to 4.3% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is WGO growing its revenue and profit?

Over the past 5 years, Winnebago Industries Inc's revenue has declined 5.7% per year, and net income declined 34.3% per year. These are computed facts, not advice.

How much debt does WGO have?

As of FY2026, Winnebago Industries Inc reported $443M of total debt against $181M of cash; operating income covered interest expense 3.2×.

What is WGO's profit margin?

In FY2026, gross margin was 13.0%, operating margin 2.4%, and net margin 1.3%.

What is WGO's P/E ratio?

Winnebago Industries Inc's P/E (TTM) is 26.73 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the WGO stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 26.7× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.