WABASH NATIONAL CORP (WNC) Fundamental Analysis & Valuation

NYSE:WNC • US9295661071

9.21 USD
-0.49 (-5.05%)
At close: Mar 6, 2026
9.21 USD
0 (0%)
After Hours: 3/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This WNC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to WNC. WNC was compared to 130 industry peers in the Machinery industry. WNC has a medium profitability rating, but doesn't score so well on its financial health evaluation. WNC is not valued too expensively and it also shows a decent growth rate. Finally WNC also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. WNC Profitability Analysis

1.1 Basic Checks

  • WNC had negative earnings in the past year.
  • WNC had a positive operating cash flow in the past year.
  • WNC had positive earnings in 4 of the past 5 years.
  • Of the past 5 years WNC 4 years had a positive operating cash flow.
WNC Yearly Net Income VS EBIT VS OCF VS FCFWNC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M

1.2 Ratios

  • With an excellent Return On Assets value of 18.05%, WNC belongs to the best of the industry, outperforming 96.92% of the companies in the same industry.
  • WNC has a better Return On Equity (57.56%) than 98.46% of its industry peers.
  • WNC has a better Return On Invested Capital (27.62%) than 98.46% of its industry peers.
Industry RankSector Rank
ROA 18.05%
ROE 57.56%
ROIC 27.62%
ROA(3y)4.97%
ROA(5y)4.87%
ROE(3y)-16.93%
ROE(5y)-4.44%
ROIC(3y)N/A
ROIC(5y)N/A
WNC Yearly ROA, ROE, ROICWNC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100 -150

1.3 Margins

  • With an excellent Profit Margin value of 13.71%, WNC belongs to the best of the industry, outperforming 83.08% of the companies in the same industry.
  • WNC's Profit Margin has improved in the last couple of years.
  • WNC has a better Operating Margin (20.81%) than 90.77% of its industry peers.
  • In the last couple of years the Operating Margin of WNC has grown nicely.
  • WNC has a Gross Margin of 4.53%. This is amonst the worse of the industry: WNC underperforms 90.00% of its industry peers.
  • In the last couple of years the Gross Margin of WNC has declined.
Industry RankSector Rank
OM 20.81%
PM (TTM) 13.71%
GM 4.53%
OM growth 3Y46%
OM growth 5Y72.91%
PM growth 3Y45.1%
PM growth 5YN/A
GM growth 3Y-29.43%
GM growth 5Y-15.91%
WNC Yearly Profit, Operating, Gross MarginsWNC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. WNC Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so WNC is creating value.
  • The number of shares outstanding for WNC has been reduced compared to 1 year ago.
  • The number of shares outstanding for WNC has been reduced compared to 5 years ago.
  • The debt/assets ratio for WNC is higher compared to a year ago.
WNC Yearly Shares OutstandingWNC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
WNC Yearly Total Debt VS Total AssetsWNC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B

2.2 Solvency

  • An Altman-Z score of 3.00 indicates that WNC is not in any danger for bankruptcy at the moment.
  • WNC's Altman-Z score of 3.00 is in line compared to the rest of the industry. WNC outperforms 53.85% of its industry peers.
  • WNC has a Debt/Equity ratio of 1.21. This is a high value indicating a heavy dependency on external financing.
  • WNC's Debt to Equity ratio of 1.21 is on the low side compared to the rest of the industry. WNC is outperformed by 81.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.21
Debt/FCF N/A
Altman-Z 3
ROIC/WACC3.36
WACC8.22%
WNC Yearly LT Debt VS Equity VS FCFWNC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M

2.3 Liquidity

  • WNC has a Current Ratio of 1.39. This is a normal value and indicates that WNC is financially healthy and should not expect problems in meeting its short term obligations.
  • WNC has a Current ratio of 1.39. This is in the lower half of the industry: WNC underperforms 78.46% of its industry peers.
  • A Quick Ratio of 0.79 indicates that WNC may have some problems paying its short term obligations.
  • The Quick ratio of WNC (0.79) is worse than 76.92% of its industry peers.
Industry RankSector Rank
Current Ratio 1.39
Quick Ratio 0.79
WNC Yearly Current Assets VS Current LiabilitesWNC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. WNC Growth Analysis

3.1 Past

  • WNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -277.87%.
  • WNC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.05% yearly.
  • The Revenue for WNC has decreased by -20.75% in the past year. This is quite bad
  • Measured over the past years, WNC shows a small growth in Revenue. The Revenue has been growing by 0.81% on average per year.
EPS 1Y (TTM)-277.87%
EPS 3Y31.05%
EPS 5YN/A
EPS Q2Q%-4550%
Revenue 1Y (TTM)-20.75%
Revenue growth 3Y-14.89%
Revenue growth 5Y0.81%
Sales Q2Q%-22.88%

3.2 Future

  • Based on estimates for the next years, WNC will show a very strong growth in Earnings Per Share. The EPS will grow by 59.98% on average per year.
  • The Revenue is expected to grow by 11.68% on average over the next years. This is quite good.
EPS Next Y116.87%
EPS Next 2Y59.98%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.64%
Revenue Next 2Y11.68%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
WNC Yearly Revenue VS EstimatesWNC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B 2.5B
WNC Yearly EPS VS EstimatesWNC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4

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Find the best growth stocksShow best growing peers

4

4. WNC Valuation Analysis

4.1 Price/Earnings Ratio

  • WNC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • WNC is valuated quite expensively with a Price/Forward Earnings ratio of 25.16.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of WNC is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of WNC to the average of the S&P500 Index (24.57), we can say WNC is valued inline with the index average.
Industry RankSector Rank
PE N/A
Fwd PE 25.16
WNC Price Earnings VS Forward Price EarningsWNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, WNC is valued cheaply inside the industry as 98.46% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.11
WNC Per share dataWNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of WNC may justify a higher PE ratio.
  • WNC's earnings are expected to grow with 59.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y59.98%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

8

5. WNC Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.07%, WNC has a reasonable but not impressive dividend return.
  • WNC's Dividend Yield is rather good when compared to the industry average which is at 1.13. WNC pays more dividend than 93.85% of the companies in the same industry.
  • WNC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.07%

5.2 History

  • The dividend of WNC has a limited annual growth rate of 0.24%.
  • WNC has been paying a dividend for at least 10 years, so it has a reliable track record.
  • WNC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.24%
Div Incr Years0
Div Non Decr Years5
WNC Yearly Dividends per shareWNC Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0 0 0 0

5.3 Sustainability

  • WNC pays out 6.52% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of WNC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP6.52%
EPS Next 2Y59.98%
EPS Next 3YN/A
WNC Yearly Income VS Free CF VS DividendWNC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M -200M
WNC Dividend Payout.WNC Dividend Payout, showing the Payout Ratio.WNC Dividend Payout.PayoutRetained Earnings

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WNC Fundamentals: All Metrics, Ratios and Statistics

WABASH NATIONAL CORP

NYSE:WNC (3/6/2026, 8:04:00 PM)

After market: 9.21 0 (0%)

9.21

-0.49 (-5.05%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04
Earnings (Next)04-28
Inst Owners96.18%
Inst Owner Change3.83%
Ins Owners3.74%
Ins Owner Change7.36%
Market Cap372.45M
Revenue(TTM)1.54B
Net Income(TTM)211.45M
Analysts76.67
Price Target14.79 (60.59%)
Short Float %6.26%
Short Ratio3.81
Dividend
Industry RankSector Rank
Dividend Yield 3.07%
Yearly Dividend0.33
Dividend Growth(5Y)0.24%
DP6.52%
Div Incr Years0
Div Non Decr Years5
Ex-Date04-02
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.03%
Min EPS beat(2)-29.31%
Max EPS beat(2)-20.76%
EPS beat(4)1
Avg EPS beat(4)-27.84%
Min EPS beat(4)-116.7%
Max EPS beat(4)55.4%
EPS beat(8)2
Avg EPS beat(8)-38.24%
EPS beat(12)6
Avg EPS beat(12)-12.09%
EPS beat(16)10
Avg EPS beat(16)1.39%
Revenue beat(2)0
Avg Revenue beat(2)-0.49%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)-0.02%
Revenue beat(4)1
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-7.99%
Max Revenue beat(4)4.73%
Revenue beat(8)1
Avg Revenue beat(8)-2.21%
Revenue beat(12)1
Avg Revenue beat(12)-3.5%
Revenue beat(16)4
Avg Revenue beat(16)-1.53%
PT rev (1m)7.41%
PT rev (3m)20.83%
EPS NQ rev (1m)-532.18%
EPS NQ rev (3m)-532.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-34.74%
Revenue NQ rev (1m)-22.26%
Revenue NQ rev (3m)-22.26%
Revenue NY rev (1m)-12.96%
Revenue NY rev (3m)-14.97%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 25.16
P/S 0.24
P/FCF N/A
P/OCF 31.93
P/B 1.01
P/tB 3.31
EV/EBITDA 2.11
EPS(TTM)-2.17
EYN/A
EPS(NY)0.37
Fwd EY3.98%
FCF(TTM)-1.5
FCFYN/A
OCF(TTM)0.29
OCFY3.13%
SpS38.15
BVpS9.08
TBVpS2.78
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 18.05%
ROE 57.56%
ROCE 36.95%
ROIC 27.62%
ROICexc 28.67%
ROICexgc 41.22%
OM 20.81%
PM (TTM) 13.71%
GM 4.53%
FCFM N/A
ROA(3y)4.97%
ROA(5y)4.87%
ROE(3y)-16.93%
ROE(5y)-4.44%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y18.91%
ROICexgc growth 5Y56.68%
ROICexc growth 3Y22.29%
ROICexc growth 5Y68.57%
OM growth 3Y46%
OM growth 5Y72.91%
PM growth 3Y45.1%
PM growth 5YN/A
GM growth 3Y-29.43%
GM growth 5Y-15.91%
F-Score4
Asset Turnover1.32
Health
Industry RankSector Rank
Debt/Equity 1.21
Debt/FCF N/A
Debt/EBITDA 1.17
Cap/Depr 123.02%
Cap/Sales 4.68%
Interest Coverage 15.97
Cash Conversion 3.07%
Profit Quality N/A
Current Ratio 1.39
Quick Ratio 0.79
Altman-Z 3
F-Score4
WACC8.22%
ROIC/WACC3.36
Cap/Depr(3y)163.6%
Cap/Depr(5y)142.58%
Cap/Sales(3y)4.28%
Cap/Sales(5y)3.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-277.87%
EPS 3Y31.05%
EPS 5YN/A
EPS Q2Q%-4550%
EPS Next Y116.87%
EPS Next 2Y59.98%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-20.75%
Revenue growth 3Y-14.89%
Revenue growth 5Y0.81%
Sales Q2Q%-22.88%
Revenue Next Year-0.64%
Revenue Next 2Y11.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y190.29%
EBIT growth 3Y24.26%
EBIT growth 5Y74.31%
EBIT Next Year163.51%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-258.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-90.05%
OCF growth 3Y-54.53%
OCF growth 5Y-37.68%

WABASH NATIONAL CORP / WNC FAQ

What is the fundamental rating for WNC stock?

ChartMill assigns a fundamental rating of 5 / 10 to WNC.


What is the valuation status of WABASH NATIONAL CORP (WNC) stock?

ChartMill assigns a valuation rating of 4 / 10 to WABASH NATIONAL CORP (WNC). This can be considered as Fairly Valued.


How profitable is WABASH NATIONAL CORP (WNC) stock?

WABASH NATIONAL CORP (WNC) has a profitability rating of 6 / 10.


What is the expected EPS growth for WABASH NATIONAL CORP (WNC) stock?

The Earnings per Share (EPS) of WABASH NATIONAL CORP (WNC) is expected to grow by 116.87% in the next year.


Is the dividend of WABASH NATIONAL CORP sustainable?

The dividend rating of WABASH NATIONAL CORP (WNC) is 8 / 10 and the dividend payout ratio is 6.52%.