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Wabash National Corp (WNC)
NYSE:WNC
US Market

Wabash National (WNC) Ratios

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Wabash National Ratios

WNC's free cash flow for Q4 2025 was $-0.05. For the 2025 fiscal year, WNC's free cash flow was decreased by $ and operating cash flow was $-0.19. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.39 1.39 1.93 1.93 1.71
Quick Ratio
0.79 0.79 1.09 1.17 1.00
Cash Ratio
0.11 0.11 0.37 0.51 0.17
Solvency Ratio
0.33 0.34 -0.19 0.34 0.20
Operating Cash Flow Ratio
0.04 0.04 0.38 0.91 0.36
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
$ -383.61M$ -383.61M$ -627.22M$ -131.36M$ -212.78M
Leverage Ratios
Debt-to-Assets Ratio
0.38 0.38 0.31 0.31 0.35
Debt-to-Equity Ratio
1.21 1.21 2.30 0.78 1.05
Debt-to-Capital Ratio
0.55 0.55 0.70 0.44 0.51
Long-Term Debt-to-Capital Ratio
0.55 0.55 0.68 0.42 0.50
Financial Leverage Ratio
3.19 3.19 7.48 2.48 3.03
Debt Service Coverage Ratio
12.99 13.68 -10.40 14.96 8.80
Interest Coverage Ratio
15.06 15.06 -17.95 15.71 8.12
Debt to Market Cap
1.39 1.23 0.52 0.33 0.36
Interest Debt Per Share
11.41 11.18 10.22 9.54 9.04
Net Debt to EBITDA
1.18 1.13 -1.06 0.69 1.68
Profitability Margins
Gross Profit Margin
3.81%3.81%13.62%19.64%12.90%
EBIT Margin
19.08%19.74%-18.33%12.40%6.69%
EBITDA Margin
22.58%23.54%-15.40%14.19%8.56%
Operating Profit Margin
20.81%20.81%-18.29%12.30%6.66%
Pretax Profit Margin
18.35%18.35%-19.35%11.62%5.85%
Net Profit Margin
13.71%13.71%-14.59%9.12%4.49%
Continuous Operations Profit Margin
13.70%13.72%-14.54%9.14%4.51%
Net Income Per EBT
74.69%74.67%75.43%78.47%76.66%
EBT Per EBIT
88.20%88.20%105.76%94.47%87.87%
Return on Assets (ROA)
18.06%18.05%-20.13%16.97%9.33%
Return on Equity (ROE)
53.71%57.56%-150.44%42.08%28.23%
Return on Capital Employed (ROCE)
36.95%36.95%-32.28%30.87%19.47%
Return on Invested Capital (ROIC)
27.62%27.62%-24.01%24.07%14.88%
Return on Tangible Assets
23.08%23.07%-24.73%21.41%12.26%
Earnings Yield
66.04%58.89%-37.38%19.20%10.22%
Efficiency Ratios
Receivables Turnover
12.87 12.87 12.62 13.02 9.70
Payables Turnover
10.18 10.18 11.46 13.02 11.52
Inventory Turnover
8.19 8.19 6.50 7.62 8.94
Fixed Asset Turnover
5.13 5.13 5.74 7.79 9.23
Asset Turnover
1.32 1.32 1.38 1.86 2.08
Working Capital Turnover Ratio
11.30 7.66 6.33 8.83 10.31
Cash Conversion Cycle
37.06 37.06 53.24 47.92 46.79
Days of Sales Outstanding
28.36 28.36 28.91 28.04 37.63
Days of Inventory Outstanding
44.56 44.56 56.18 47.93 40.84
Days of Payables Outstanding
35.86 35.86 31.85 28.04 31.68
Operating Cycle
72.92 72.92 85.09 75.96 78.47
Cash Flow Ratios
Operating Cash Flow Per Share
0.29 0.28 2.64 6.80 2.55
Free Cash Flow Per Share
-0.32 -0.31 1.02 4.71 1.38
CapEx Per Share
0.61 0.60 1.63 2.09 1.17
Free Cash Flow to Operating Cash Flow
-1.12 -1.12 0.38 0.69 0.54
Dividend Paid and CapEx Coverage Ratio
0.30 0.30 1.35 2.80 1.70
Capital Expenditure Coverage Ratio
0.47 0.47 1.62 3.26 2.17
Operating Cash Flow Coverage Ratio
0.03 0.03 0.27 0.75 0.30
Operating Cash Flow to Sales Ratio
<0.01 <0.01 0.06 0.13 0.05
Free Cash Flow Yield
-4.09%-3.63%5.93%18.39%6.10%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
1.51 1.70 -2.67 5.21 9.79
Price-to-Sales (P/S) Ratio
0.21 0.23 0.39 0.47 0.44
Price-to-Book (P/B) Ratio
0.87 0.98 4.02 2.19 2.76
Price-to-Free Cash Flow (P/FCF) Ratio
-24.41 -27.53 16.85 5.44 16.40
Price-to-Operating Cash Flow Ratio
27.40 30.78 6.48 3.77 8.86
Price-to-Earnings Growth (PEG) Ratio
-0.08 >-0.01 0.01 0.05 <0.01
Price-to-Fair Value
0.87 0.98 4.02 2.19 2.76
Enterprise Value Multiple
2.09 2.12 -3.60 4.04 6.81
Enterprise Value
730.00M 770.00M 1.08B 1.45B 1.46B
EV to EBITDA
2.10 2.12 -3.60 4.04 6.81
EV to Sales
0.47 0.50 0.55 0.57 0.58
EV to Free Cash Flow
-55.96 -59.03 23.91 6.56 21.78
EV to Operating Cash Flow
62.57 66.00 9.19 4.55 11.76
Tangible Book Value Per Share
2.80 2.74 -1.65 5.69 2.27
Shareholders’ Equity Per Share
9.03 8.85 4.26 11.69 8.18
Tax and Other Ratios
Effective Tax Rate
0.25 0.25 0.25 0.21 0.23
Revenue Per Share
37.94 37.16 43.89 53.96 51.46
Net Income Per Share
5.20 5.09 -6.40 4.92 2.31
Tax Burden
0.75 0.75 0.75 0.78 0.77
Interest Burden
0.96 0.93 1.06 0.94 0.88
Research & Development to Revenue
0.00 0.00 0.00 0.00 <0.01
SG&A to Revenue
0.21 0.19 0.30 0.06 0.05
Stock-Based Compensation to Revenue
<0.01 <0.01 0.00 <0.01 <0.01
Income Quality
0.06 0.06 -0.41 1.38 1.10
Currency in USD