Parts & Services Growth
In 2024, Wabash made significant strides in growing its Parts & Services revenue streams, including the expansion of its preferred partner network and the successful upfitting of over 1,100 truck bodies.
Strategic Initiatives and Innovations
Wabash has been investing in strategic partnerships and innovations such as the Trailers as a Service partnership with Kodiak and the Smart Crossroads initiative with Purdue University, aiming to transform logistics ecosystems.
Strong Liquidity Position
Wabash ended 2024 with a liquidity of $422 million and a net debt leverage ratio of 1.7 times, indicating strong financial health.
Share Repurchase Program
Wabash repurchased approximately 2.9 million shares in 2024, reducing its share count by about 6% and over 12 million shares over the past five years, demonstrating a commitment to returning value to shareholders.