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Winmark WINA Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin62.8%-2.6pp63.4%-1.7pp64.3%-0.1pp65.2%+1.1pp65.4%+1.2pp
Net margin48.2%-1.3pp48.4%-0.7pp48.8%-0.2pp49.5%+0.9pp49.4%+1.1pp
EBITDA margin63.7%-2.6pp64.3%-1.8pp65.2%-0.2pp66.1%+1.1pp66.3%+1.2pp
Free cash flow margin48.9%-3.7pp51.9%+0.3pp52.8%+1.3pp53.5%+2.7pp52.6%+0.6pp
Returns
Return on assets112.7%+3.7pp161%+17.9pp78.1%+3.5pp93.9%+7.0pp109%+6.4pp
Efficiency
Asset turnover2.3×+0.1×3.3×+0.4×1.6×+0.1×1.9×+0.1×2.2×+0.1×
Liquidity
Current ratio2.7×+0.1×2.5×-0.5×+2.1×4.6×+1.7×2.7×+0.8×
Quick ratio2.7×+0.1×2.4×-0.5×5.9×+2.1×4.5×+1.7×2.6×+0.8×
Cash ratio2.2×-0.1×1.8×-0.6×5.5×+2.0×4.1×+1.5×2.3×+0.7×
Leverage
Debt-to-assets0.9×0.0×1.3×+0.1×0.6×-0.1×0.8×-0.1×0.9×-0.1×
Net debt / EBITDA0.2×0.0×0.4×0.0×-0.1×-0.1×0.1×-0.1×0.2×-0.1×
Interest coverage21.8×+1.9×22.3×+3.8×21.5×+3.4×20.7×+3.0×19.9×+2.3×
Per Share
Book value per share-$12.46+0.4%-$14.57-4.7%-$7.13+22.4%-$10.03+13.1%-$12.51+12.9%
Valuation
Market capitalization$1.54B-1.9%$1.44B+4.2%$1.77B+31.3%$1.33B+7.3%$1.13B-11.0%
Enterprise value$1.55B-1.8%$1.47B+4.3%$1.76B+30.9%$1.33B+7.0%$1.14B-11.2%
Price / earnings37.6×-0.6×34.6×0.0×42.8×+9.2×32.2×+1.3×27.4×-4.2×
Price / sales18.1×-0.8×16.8×-0.3×20.9×+4.4×15.9×+0.9×13.5×-1.7×
EV / EBITDA28.7×0.0×26.5×+0.3×31.9×+6.8×24.2×+1.0×20.6×-3.1×
EV / sales18.3×-0.8×17×-0.3×20.8×+4.4×16×+0.9×13.7×-1.8×
Free cash flow yield2.7%-0.1pp3.1%+0.1pp2.5%-0.6pp3.4%0.0pp3.9%+0.5pp
Earnings yield2.7%0.0pp2.9%0.0pp2.3%-0.6pp3.1%-0.1pp3.7%+0.5pp
Dividend yield3.2%+0.7pp3.4%+0.6pp2.2%-1.1pp3%-0.6pp3.5%0.0pp

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Questions, answered.

What are Winmark's profit margins?
Winmark (WINA) runs a 96.4% gross margin and a 62.8% operating margin, with a 48.2% net margin.
Where do Winmark's ratios come from?
Every ratio is computed from Winmark's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.