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Wabash National WNC Free cash flow margin

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Other financials

Income statement

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Revenue$417.2M-9.1%
Gross profit$15.3M-63.0%
Operating income-$25.3M-432%
Net income-$22.9M-139%
EPS (diluted)-$0.56-143%

Balance sheet

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Cash & equivalents$71.5M+24.5%
Total debt$545.1M+15.8%
Total equity$292.5M-24.1%
Total assets$1.2B-10.0%

Cash flow

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Operating cash flow-$33.7M-12,272%
CapEx$2.1M-66.8%
Free cash flow-$37.1M-313%

Valuation

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Market cap$526.73M+32.0%
Enterprise value$1B+23.1%
P/S0.4×+0.1×

Profitability

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Gross margin1%-8.3pp
Operating margin22.4%+16.2pp
Net margin-5.5%-0.7pp

Returns & leverage

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Return on equity-23%-0.5pp
Debt / equity1.9×+0.6×
Current ratio1.3×-0.4×

Where this comes from

Calculated from Wabash National’s reported figures.

Based on trailing twelve months.

The source filing: Wabash National’s 10-Q, filed May 1, 2026. Open the filing →

Filed
May 1, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000879526-26-000053

FAQ

What is Wabash National's free cash flow margin?
Wabash National (WNC) reported free cash flow margin of -2.8% in Q1 2026.
How has Wabash National's free cash flow margin changed year-over-year?
Wabash National's free cash flow margin decreased by 170.0% year-over-year, from 4% to -2.8%.
What is the long-term trend for Wabash National's free cash flow margin?
Over 3 years (2020 to 2025), Wabash National's free cash flow margin has grown at a -50.6% compound annual growth rate (CAGR), from 7% to -0.8%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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