Winnebago Industries, Inc. (WGO) AI Stock Analysis

Winnebago Industries, Inc. is a manufacturer and distributor of recreation vehicles (RVs) and marine products for leisure travel and outdoor recreation. The company operates through six distinct segments: Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Newmar Motorhomes, Chris-Craft Marine, and Winnebago Specialty Vehicles. Its portfolio includes towable units like travel trailers, fifth wheels, folding camper trailers, and truck campers under brands such as Winnebago and Grand Design. It also builds motorhomes under the Winnebago and Newmar brands, specialty commercial vehicles, and recreational powerboats under the Chris-Craft and Barletta brands. Products are sold primarily through independent dealers.

Annual revenue expanded from $3.63B in FY2021 to a peak of $4.96B in FY2022, before declining to $3.49B in FY2023, $2.97B in FY2024, and $2.80B in FY2025. Over the five fiscal years from FY2020 to FY2025, revenue grew at a CAGR of 3.5%. Operating margin contracted from 11.8% in FY2022 to 2.0% in FY2025, while net income fell from $390.6M to $25.7M over the same period. For the latest quarter ended May 31, 2026, revenue fell 9.9% year-over-year, and earnings declined 18.2%. TTM revenue is $2.84B with a profit margin of 1.4% and diluted EPS of $1.36.

As of May 31, 2026, the company held $57.1M in cash and short-term investments against total debt of $477.0M, resulting in net debt of $419.9M. Total assets stood at $2.04B, while shareholders' equity was $1.23B, yielding a debt-to-equity ratio of 0.39 and a current ratio of 2.37. In FY2025, operating cash flow was $128.9M and free cash flow was $89.5M. Capital expenditures totaled $39.4M, share buybacks were $53.7M, and dividends paid absorbed $38.9M.

At $24.00, WGO has a market capitalization of $678.5M and an enterprise value of $1.20B. The stock trades at a trailing P/E of 17.6x and a forward P/E of 11.5x, compared to medians of 18.0x and 14.1x for its US-listed Consumer Cyclical peers. Its EV to EBITDA ratio is 9.3x, below the peer median of 11.1x, while its price-to-sales multiple is 0.2x versus 0.7x for peers. Over the past year, WGO fell 16.5% while the SPY gained 16.8%. Over 5 years, the stock dropped 60.8% against an 83.0% gain for SPY.

Winnebago pays an annual forward dividend of $1.44 per share, resulting in a dividend yield of 6.00% paid quarterly. The dividend payout ratio stands at 107.6%. Winnebago has maintained 13 consecutive years of dividend payments, posting a 5-year annualized dividend growth rate of 24.9%. The last ex-dividend date was September 9, 2026.

Wall Street sentiment shows 5 Strong Buy and 9 Hold ratings, with no Buy, Sell, or Strong Sell recommendations. The mean price target is $37.30, which is 55.4% above the last close of $24.00. For the fiscal year ending August 31, 2026, consensus estimates project EPS of $1.78 on revenue of $2.72B. For the next fiscal year, 13 analysts forecast EPS of $2.39 on revenue of $2.82B. Winnebago beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for October 21, 2026.

This page is an AI-written research summary of Winnebago Industries, Inc. (WGO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: WGO income statement, WGO balance sheet, WGO key metrics, WGO analyst forecast, WGO chart. See the WGO stock overview for the latest quote and news.