# Winnebago Industries Inc. (WGO) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Cyclical / Automobiles. Price $31.03, market value $877 million.

## Valuation
- **P/E (trailing): 22.8×** (5-yr avg 37.1×, 3-yr avg 57.7×). Winnebago Industries Inc. trades at 22.8× trailing earnings, well below its own five-year average of 37.1×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 13.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.12**. A PEG of 0.12 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 9.6×**. Enterprise value is 9.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 20.6%** (5-yr avg 10.3%). Free cash flow equals 20.6% of the market value, above its five-year average of 10.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.4%**. The inverse of the P/E: 4.4% of the price is earned each year.

## Profitability
- **Gross margin: 13.0%**. Winnebago Industries Inc. keeps 13.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 2.4%**. 2.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 0.9%**. 0.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 2.1%**. 2.1% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 3.4%**. Return on all capital, debt included, is 3.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 1.8%**. Each dollar of assets produces 1.8% of profit.

## Growth
- **Revenue growth (1 yr): -5.9%** (3-yr -17.4%/yr, 5-yr 3.5%/yr). Revenue fell 5.9% over the last year, against 3.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 106.8%** (3-yr -57.5%/yr, 5-yr -13.1%/yr). Earnings per share rose 106.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -34.1%/yr**. Free cash flow has compounded at -34.1% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.44**. Debt is 0.44 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.8×**. It would take 2.8 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.75**. A Z-score of 2.75 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 4.64%** ($1.39 per share, trailing). Winnebago Industries Inc. yields 4.64%, an income-level yield.
- **Payout ratio: 151%** (22% of free cash flow). The dividend exceeds earnings (151% payout), though free cash flow still covers it.
- **Consecutive years of increases: 9**. 9 straight years of increases.
- **Dividend growth (5 yr): 24.9%/yr** (1-yr 7.9%). The dividend has compounded at 24.9% a year over five years, doubling roughly every 3 years at that pace.

## Price and momentum
- **Total return (1 yr): -11.5%** (YTD -21.1%, 3-mo 13.4%). The shares are down 11.5% over twelve months including dividends.
- **From 52-week high: -38.1%** (15.8% above the low). Trading 38% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.90** (volatility 51%). Beta of 0.90 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=WGO · Page: https://foliofundamentals.com/stocks/wgo

Not investment advice.