# Wabash National Corporation (WNC) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Machinery. Price $14.31, market value $583 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Wabash National Corporation reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.07**. A PEG of 0.07 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.4×**. Each dollar of revenue is priced at 0.4×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -2.7%** (5-yr avg 4.4%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 1.0%**. Wabash National Corporation keeps 1.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -5.7%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 13.7%**. 13.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 57.6%**. A 57.6% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: -8.2%**. Return on all capital, debt included, is -8.2%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -6.7%**. Each dollar of assets produces -6.7% of profit.

## Growth
- **Revenue growth (1 yr): -20.8%** (3-yr -14.9%/yr, 5-yr 0.8%/yr). Revenue fell 20.8% over the last year, against 0.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 179.2%** (3-yr 31.1%/yr). Earnings per share rose 179.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 1.21**. Debt is 1.21 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: net cash**. Wabash National Corporation holds more cash than debt.
- **Altman Z-score: 3.06**. A Z-score of 3.06 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.24%** ($0.32 per share, trailing). Wabash National Corporation yields 2.24%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 7%**. 7% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 5.9%/yr** (1-yr 0.0%). The dividend has grown 5.9% a year over five years.

## Analyst view
- **Analyst consensus: strong_buy** (2 analysts). 2 analysts cover Wabash National Corporation; the consensus is strong_buy, with an average price target of $22.50 (+57% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 30.4%** (YTD 69.5%, 3-mo 96.1%). The shares are up 30.4% over twelve months including dividends.
- **From 52-week high: -1.1%** (115.8% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): 1.42** (volatility 56%). Beta of 1.42 against the S&P 500: the shares move much more than the market.

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

Not investment advice.