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Winmark WINA Operating margin

Operating margin at other companies

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14.3%-4.8pp
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UnifirstUNF
6.8%-0.9pp
HES
Hess MidstreamHESM
61.9%+0.5pp
Cabot Corporation logo
Cabot CorporationCBT
15.7%-0.6pp
Alignment Healthcare logo
Alignment HealthcareALHC
0.1%0.0pp
Federated Hermes logo
Federated HermesFHI
27.4%+3.6pp

Other financials

Income statement

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Revenue$20.8M-4.9%
Gross profit$20.7M+6.5%
Operating income$12.4M-9.1%
Net income$9.3M-7.0%
EPS (diluted)$2.50-7.7%

Balance sheet

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Cash & equivalents$19.8M-9.2%
Total debt$32.9M-1.8%
Total equity-$46.2M-0.6%
Total assets$35.6M-4.0%

Cash flow

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Operating cash flow$11.9M-21.2%
CapEx$14.6K-71.5%
Free cash flow$11.9M-21.1%

Valuation

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Market cap$1.54B+35.9%
Enterprise value$1.55B+35.7%
P/E37.6×+10.0×
P/S18.1×+4.5×

Profitability

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Gross margin96.4%+0.5pp
Net margin48.2%-1.3pp
FCF margin48.9%-3.7pp

Returns & leverage

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Return on equity67.2%
Debt / equity0.6×
Current ratio2.7×+0.1×

Where this comes from

Calculated from Winmark’s reported figures.

Based on trailing twelve months.

The official record: Winmark’s 10-Q, filed April 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Winmark's operating margin?
Winmark (WINA) reported operating margin of 62.8% in Q1 2026.
How has Winmark's operating margin changed year-over-year?
Winmark's operating margin decreased by 3.9% year-over-year, from 65.4% to 62.8%.
What is the long-term trend for Winmark's operating margin?
Over 5 years (2020 to 2025), Winmark's operating margin has grown at a 0.8% compound annual growth rate (CAGR), from 60.9% to 63.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.