Winnebago Industries, Inc. (WGO) Key Metrics
WGO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $678.5M
- Enterprise value
- $1.20B
- P/E (TTM)
- 17.6 10-yr median 12.9
- Forward P/E
- 11.5
- PEG ratio
- 0.21
- Price / sales
- 0.2 10-yr median 0.6
- Price / book
- 0.6 10-yr median 1.9
- EV / EBITDA
- 9.3 10-yr median 8.6
- Dividend yield
- 6.00% $1.44 a year
- Beta
- 1.18
WGO key metrics, FY2016–FY2025
Fiscal year ended August 31, 2025 · U.S. dollarsWGO valuation Price multiples at each fiscal year-end price.
WGO returns How much profit the business earns on the capital it uses.
WGO per-share figures Results divided by the shares outstanding at year-end.
WGO financial health Debt, liquidity and how easily interest is covered.
WGO efficiency & capital use Working capital cycle and where the cash goes.
WGO valuation history
WGO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WGO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WGO cash returned to shareholders
WGO price vs earnings per share
WGO key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.02B | $1.76B | $2.30B | $1.90B | $2.37B | $1.81B | $1.02B | $1.18B | $1.11B | $650.7M |
| Enterprise value | $1.44B | $2.17B | $2.64B | $2.22B | $2.49B | $2.06B | $1.23B | $1.46B | $1.35B | $565.1M |
| P/E ratio | 39.6 | 135.4 | 10.6 | 4.9 | 8.4 | 29.4 | 9.1 | 11.5 | 15.6 | 14.3 |
| Price / sales | 0.4 | 0.6 | 0.7 | 0.4 | 0.7 | 0.8 | 0.5 | 0.6 | 0.7 | 0.7 |
| Price / book | 0.8 | 1.4 | 1.7 | 1.5 | 2.2 | 2.2 | 1.6 | 2.2 | 2.5 | 2.4 |
| Price / free cash flow | 11.4 | 17.8 | 10.9 | 6.1 | 12.3 | 7.6 | 10.9 | 21.5 | 13.4 | 23.1 |
| Price / operating cash flow | 7.9 | 12.2 | 7.8 | 4.7 | 10.0 | 6.7 | 7.6 | 14.1 | 11.5 | 12.3 |
| EV / sales | 0.5 | 0.7 | 0.8 | 0.4 | 0.7 | 0.9 | 0.6 | 0.7 | 0.9 | 0.6 |
| EV / EBITDA | 15.2 | 18.4 | 7.5 | 3.6 | 5.7 | 13.6 | 6.9 | 8.2 | 10.2 | 9.1 |
| EV / free cash flow | 16.1 | 22.0 | 12.5 | 7.1 | 13.0 | 8.7 | 13.3 | 26.8 | 16.2 | 20.0 |
| Earnings yield | 2.5% | 0.7% | 9.4% | 20.6% | 11.9% | 3.4% | 11.0% | 8.7% | 6.4% | 7.0% |
| Free cash flow yield | 8.8% | 5.6% | 9.2% | 16.5% | 8.1% | 13.2% | 9.1% | 4.7% | 7.5% | 4.3% |
| Dividend yield | 3.8% | 2.1% | 1.4% | 1.3% | 0.7% | 0.8% | 1.3% | 1.1% | 1.1% | 1.7% |
| Shareholder yield (dividends + buybacks) | 9.1% | 6.3% | 3.8% | 12.5% | 2.7% | 0.9% | 2.2% | 1.6% | 1.3% | 2.1% |
| Share price at fiscal year-end | $35.98 | $59.66 | $64.85 | $57.58 | $69.62 | $53.98 | $32.02 | $36.95 | $36.15 | $24.07 |
| Per share | ||||||||||
| Revenue per share | $98.88 | $100.80 | $98.61 | $150.30 | $106.58 | $70.41 | $62.60 | $63.39 | $50.29 | $36.08 |
| Earnings per share | $0.91 | $0.44 | $6.10 | $11.84 | $8.28 | $1.84 | $3.52 | $3.22 | $2.32 | $1.68 |
| Operating cash flow per share | $4.55 | $4.88 | $8.32 | $12.15 | $6.97 | $8.08 | $4.22 | $2.62 | $3.16 | $1.95 |
| Free cash flow per share | $3.16 | $3.35 | $5.97 | $9.48 | $5.65 | $7.12 | $2.93 | $1.72 | $2.70 | $1.04 |
| Cash per share | $6.15 | $11.22 | $8.75 | $8.55 | $12.76 | $8.75 | $1.18 | $0.07 | $1.17 | $3.17 |
| Book value per share | $43.28 | $43.16 | $38.65 | $38.29 | $31.04 | $24.73 | $19.93 | $16.80 | $14.36 | $9.93 |
| Tangible book value per share | $10.02 | $10.51 | $9.93 | $9.29 | $9.35 | $2.23 | $3.19 | −$0.18 | −$0.96 | $9.84 |
| Dividends per share | $1.37 | $1.25 | $0.94 | $0.72 | $0.47 | $0.44 | $0.43 | $0.40 | $0.41 | $0.40 |
| Capex per share | $1.39 | $1.53 | $2.35 | $2.67 | $1.32 | $0.97 | $1.29 | $0.90 | $0.45 | $0.91 |
| Debt per share | $21.04 | $25.15 | $18.34 | $18.15 | $16.31 | $16.37 | $8.02 | $9.16 | $8.92 | $0.00 |
| Shares outstanding | 28.3M | 29.5M | 35.4M | 33.0M | 34.1M | 33.5M | 31.7M | 31.8M | 30.8M | 27.0M |
| Change in shares outstanding | −4.1% | −16.7% | +7.3% | −3.1% | +1.8% | +5.5% | −0.3% | +3.4% | +13.8% | −0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 2.1% | 1.0% | 16.4% | 33.7% | 29.9% | 8.4% | 19.2% | 21.0% | 20.1% | 18.6% |
| Return on invested capital (ROIC) | 2.9% | 3.0% | 14.1% | 32.1% | 27.7% | 9.4% | 14.9% | 15.3% | 19.0% | 27.1% |
| Return on assets (ROA) | 1.1% | 0.5% | 8.6% | 17.2% | 14.8% | 4.3% | 10.4% | 10.5% | 11.0% | 12.1% |
| Return on tangible assets | 1.9% | 0.9% | 14.4% | 25.6% | 21.3% | 6.1% | 19.5% | 20.0% | 16.5% | 11.7% |
| Free cash flow margin | 3.2% | 3.3% | 6.1% | 6.3% | 5.3% | 10.1% | 4.7% | 2.7% | 5.4% | 2.9% |
| Income quality (OCF / net income) | 5.02 | 11.07 | 1.36 | 1.03 | 0.84 | 4.40 | 1.20 | 0.81 | 1.36 | 1.16 |
| Financial health | ||||||||||
| Total debt | $595.4M | $741.8M | $649.3M | $598.7M | $555.3M | $547.7M | $254.3M | $291.4M | $274.6M | $0 |
| Cash & short-term investments | $174.0M | $330.9M | $309.9M | $282.2M | $434.6M | $292.6M | $37.4M | $2.3M | $35.9M | $85.6M |
| Net debt | $421.4M | $410.9M | $339.4M | $316.5M | $120.7M | $255.2M | $216.9M | $289.1M | $238.6M | −$85.6M |
| Debt / equity | 0.49 | 0.58 | 0.47 | 0.47 | 0.53 | 0.66 | 0.40 | 0.55 | 0.62 | 0.00 |
| Debt / assets | 0.26 | 0.31 | 0.26 | 0.24 | 0.27 | 0.31 | 0.23 | 0.28 | 0.30 | 0.00 |
| Net debt / EBITDA | 4.46 | 3.48 | 0.97 | 0.52 | 0.27 | 1.68 | 1.21 | 1.61 | 1.80 | −1.38 |
| Current ratio | 2.42 | 2.44 | 2.52 | 2.10 | 2.60 | 2.38 | 2.08 | 1.82 | 1.88 | 3.02 |
| Quick ratio | 1.21 | 1.36 | 1.33 | 1.09 | 1.76 | 1.77 | 1.06 | 0.87 | 1.03 | 1.70 |
| Interest coverage | 2.2 | 4.7 | 14.7 | 14.1 | 10.1 | 3.0 | 8.7 | 8.8 | 7.4 | — |
| Working capital | $465.1M | $584.0M | $600.7M | $571.7M | $651.6M | $413.2M | $212.9M | $167.8M | $147.0M | $187.6M |
| Invested capital | $1.65B | $1.68B | $1.71B | $1.58B | $1.18B | $1.08B | $849.1M | $823.5M | $680.3M | $182.8M |
| Tangible asset value | $283.6M | $310.1M | $351.6M | $306.4M | $318.5M | $74.6M | $101.2M | −$5.6M | −$29.5M | $265.9M |
| Net current asset value | −$247.9M | −$122.2M | −$147.4M | −$125.9M | $53.3M | −$213.1M | −$61.4M | −$145.4M | −$146.7M | $158.2M |
| Graham number | $29.74 | $20.69 | $72.82 | $101.01 | $76.03 | $31.97 | $39.76 | $34.87 | $27.37 | $19.39 |
| Graham net-net per share | −$18.32 | −$14.34 | −$12.91 | −$14.68 | −$6.17 | −$11.27 | −$6.79 | −$9.24 | −$8.46 | $2.74 |
| Capital allocation | ||||||||||
| Dividends paid | $38.9M | $36.8M | $33.2M | $23.8M | $16.2M | $14.6M | $13.7M | $12.7M | $12.7M | $10.9M |
| Share buybacks (net) | $53.7M | $74.5M | $55.1M | $214.3M | $47.6M | $1.8M | $8.2M | $6.5M | $1.5M | $3.1M |
| Dividend payout ratio | 151.4% | 283.1% | 15.4% | 6.1% | 5.7% | 23.7% | 12.2% | 12.4% | 17.9% | 23.9% |
| Dividends + buybacks / free cash flow | 103.5% | 112.5% | 41.8% | 76.1% | 33.1% | 6.9% | 23.5% | 35.1% | 17.2% | 49.5% |
| Capex / revenue | 1.4% | 1.5% | 2.4% | 1.8% | 1.2% | 1.4% | 2.1% | 1.4% | 0.9% | 2.5% |
| Capex / operating cash flow | 30.6% | 31.3% | 28.3% | 22.0% | 18.9% | 12.0% | 30.5% | 34.4% | 14.4% | 46.5% |
| Capex / depreciation | 0.65 | 0.77 | 1.77 | 1.64 | 1.38 | 0.85 | 1.75 | 1.49 | 0.44 | 4.27 |
| Stock-based compensation / revenue | 0.6% | 0.5% | 0.3% | 0.3% | 0.4% | 0.3% | 0.4% | 0.4% | 0.2% | 0.3% |
| R&D / revenue | — | — | — | — | — | — | — | — | — | 0.4% |
| SG&A / revenue | 10.2% | 9.4% | 7.6% | 6.4% | 6.3% | 7.5% | 7.2% | 6.3% | 5.9% | 2.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 25.0 | 22.9 | 23.2 | 18.7 | 23.9 | 29.4 | 29.7 | 26.2 | 22.5 | 24.9 |
| Days of inventory on hand | 62.6 | 65.3 | 62.6 | 39.3 | 32.1 | 34.3 | 43.1 | 35.9 | 36.5 | 49.7 |
| Days payables outstanding | 20.6 | 21.0 | 22.9 | 18.0 | 19.1 | 19.1 | 17.7 | 17.0 | 17.0 | 16.4 |
| Cash conversion cycle (days) | 67.1 | 67.3 | 62.9 | 40.0 | 36.8 | 44.5 | 55.0 | 45.0 | 42.0 | 58.2 |
| Receivables turnover | 14.62 | 15.96 | 15.75 | 19.52 | 15.30 | 12.44 | 12.31 | 13.95 | 16.22 | 14.65 |
| Payables turnover | 17.76 | 17.42 | 15.94 | 20.27 | 19.07 | 19.08 | 20.64 | 21.43 | 21.48 | 22.32 |
| Inventory turnover | 5.83 | 5.59 | 5.83 | 9.29 | 11.36 | 10.64 | 8.47 | 10.18 | 10.00 | 7.35 |
| Asset turnover | 1.20 | 1.21 | 1.40 | 2.18 | 1.90 | 1.65 | 1.84 | 2.06 | 2.39 | 2.59 |
| Average receivables | $191.4M | $186.3M | $221.7M | $254.0M | $237.3M | $189.4M | $161.3M | $144.6M | $95.4M | $66.6M |
| Average payables | $137.0M | $145.8M | $182.2M | $198.7M | $156.3M | $107.1M | $81.3M | $80.1M | $61.7M | $38.6M |
| Average inventory | $417.6M | $454.6M | $498.2M | $433.6M | $262.2M | $192.0M | $198.1M | $168.7M | $132.4M | $117.3M |
| Intangibles / total assets | 41.6% | 40.4% | 40.5% | 38.5% | 35.8% | 42.9% | 48.1% | 51.3% | 52.2% | 0.6% |
Computed from WGO's annual financial statements (latest annual report filed October 22, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WGO valuation and financial ratios
At the end of fiscal 2025 (August 31, 2025), Winnebago Industries traded at 39.6 times earnings, against a 10-year median of 12.9. Based on the latest twelve months, the trailing P/E is 17.6 and the forward P/E is 11.5. Winnebago Industries earned a return on equity of 2.1% and a return on invested capital of 2.9% in fiscal 2025. It ended the year with $595.4 million of debt and $174.0 million in cash and short-term investments, net debt of $421.4 million. It returned $92.6 million to shareholders: $38.9 million in dividends and $53.7 million in share buybacks, 103% of free cash flow. The share count rose 4.7% from 27.0M to 28.3M over 9 years.
See the WGO income statement, the WGO chart for price history, or the WGO stock overview for the latest quote and news.
WGO key metrics FAQ
What is Winnebago Industries's P/E ratio?
Winnebago Industries's trailing P/E ratio is 17.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.5. At the end of fiscal 2025 it was 39.6, compared with a 10-year median of 12.9.
What is Winnebago Industries's EV/EBITDA?
Winnebago Industries's enterprise value was 15.2 times EBITDA at the end of fiscal 2025 (enterprise value $1.4 billion, EBITDA $94.5 million); the current EV/EBITDA is 9.3.
What is Winnebago Industries's return on equity?
Winnebago Industries's return on equity (ROE) was 2.1% in fiscal 2025: net income of $25.7 million on average shareholders' equity of $1.2 billion.
What is Winnebago Industries's ROIC?
Winnebago Industries's return on invested capital was 2.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Winnebago Industries have?
Winnebago Industries had total debt of $595.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.49 and $421.4 million of net debt (4.46 times EBITDA).
What is Winnebago Industries's dividend yield?
Winnebago Industries's forward dividend yield is 6.00%. Winnebago Industries paid $38.9 million in dividends in fiscal 2025 ($1.37 per share), a payout ratio of 151.4%.
Does Winnebago Industries buy back its shares?
Yes. Winnebago Industries spent $53.7 million on net share repurchases in fiscal 2025 Shares outstanding changed −4.1% over the year, to 28.3M..
What is Winnebago Industries's free cash flow yield?
Winnebago Industries generated $89.5 million of free cash flow in fiscal 2025, a free cash flow yield of 8.8% on its market value at year-end ($1.0 billion).
What is Winnebago Industries's current ratio?
Winnebago Industries's current ratio was 2.42 at the end of fiscal 2025: current assets were 2.42 times current liabilities.