WGO Financials Winnebago Industries Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 3.5% per year over the past 5 years.
Net income has grown slower than revenue (-16.0% vs 3.5% per year).
Operating margin has contracted, at 2.0% in the latest year.
Free cash flow has declined 17.8% per year over the past 5 years.

Financial health

Total debt ($541M) exceeds cash ($174M); net debt is $367M.
Total debt has grown in line with revenue (1.1% vs 3.5% per year).
Operating income covered interest expense 2.2× in the latest year.
Total debt is 4.6× EBITDA.

Shareholder returns

Dividends have been paid for 11 consecutive years, consuming 151.4% of earnings and 43.5% of free cash flow.
The dividend has grown 21.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
2025	$2.8B	$26M	13.0%	2.0%	$90M	$541M	$174M
2024	$3.0B	$13M	14.6%	3.4%	$99M	$637M	$331M
2023	$3.5B	$216M	16.8%	8.6%	$211M	$592M	$310M
2022	$5.0B	$391M	18.7%	11.8%	$313M	$546M	$282M
2021	$3.6B	$282M	17.9%	11.2%	$192M	$529M	$435M
2020	$2.4B	$61M	13.3%	4.8%	$238M	$513M	$293M
2019	$2.0B	$112M	15.5%	7.8%	$93M	$254M	$37M
2018	$2.0B	$102M	14.9%	8.0%	$55M	$291M	$2M
2017	—	$71M	—	—	$83M	$275M	$36M
2016	—	$45M	—	—	$28M	$0	$86M
2015	—	$41M	—	—	$29M	—	$70M
2014	—	$45M	—	—	$13M	—	$58M
2013	—	$32M	—	—	$6M	—	$64M
2012	—	$45M	—	—	-$2M	—	$63M
2011	—	$12M	—	—	-$12M	—	$63M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
May '26	$699M	$15M	13.6%	3.3%	$19M	$443M	$57M
Feb '26	$657M	$5M	13.0%	1.8%	-$29M	$442M	$47M
Nov '25	$703M	$6M	12.7%	2.0%	$20M	$541M	$182M
Aug '25	$777M	$14M	12.8%	2.6%	$171M	$541M	$174M
May '25	$775M	$18M	13.7%	3.9%	-$36M	$540M	$11M
Mar '25	$620M	-$400000	13.4%	1.3%	-$19M	$539M	$116M
Nov '24	$626M	-$5M	12.3%	-0.1%	-$27M	$638M	$263M
Aug '24	$721M	-$29M	13.1%	-2.5%	$30M	$637M	$331M
May '24	$786M	$29M	15.0%	5.5%	$88M	$636M	$318M
Feb '24	$704M	-$13M	15.0%	5.0%	$14M	$695M	$266M
Nov '23	$763M	$26M	15.2%	5.1%	-$33M	$593M	$220M
Aug '23	$771M	$44M	16.5%	7.5%	$123M	$592M	$310M
May '23	$901M	$59M	16.8%	8.9%	$121M	$592M	$226M
Feb '23	$867M	$53M	16.9%	8.9%	-$35M	$591M	$229M
Nov '22	$952M	$60M	16.8%	9.0%	$2M	$590M	$272M
Aug '22	$1.2B	$83M	17.8%	10.5%	$131M	$546M	$282M
May '22	$1.5B	$117M	18.7%	12.1%	$179M	$541M	$238M
Feb '22	$1.2B	$91M	18.6%	11.7%	-$31M	$537M	$135M
Nov '21	$1.2B	$100M	19.8%	12.7%	$33M	$533M	$211M
Aug '21	$1.0B	$84M	18.1%	11.6%	$68M	$529M	$435M

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 34.0× (Jun '26).
The price-to-sales ratio has fallen from 0.3× (Mar '23) to 0.3× (Jun '26).
The dividend yield has risen from 1.5% (Mar '23) to 4.5% (Jun '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 grown 3.5% per year, and net income declined 16.0% per year. These are computed facts, not advice.

How much debt does WGO have?

As of FY2025, Winnebago Industries Inc reported $541M of total debt against $174M of cash; operating income covered interest expense 2.2×.

What is WGO's profit margin?

In FY2025, gross margin was 13.0%, operating margin 2.0%, and net margin 0.9%.

What is WGO's P/E ratio?

As of Jun '26, Winnebago Industries Inc traded at a price-to-earnings ratio of about 34.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.