Wabash National (WNC) Ratios
Wabash National Ratios
MX:WNC's free cash flow for Q3 2026 was $-31.81M. For the 2026 fiscal year, MX:WNC's free cash flow was increased by $5.49M and operating cash flow was $-37.30M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.39 | 1.93 | 1.93 | 1.71 | 1.83 |
| Quick Ratio | 0.79 | 1.09 | 1.17 | 1.00 | 1.01 |
| Cash Ratio | 0.11 | 0.37 | 0.51 | 0.17 | 0.25 |
| Solvency Ratio | 0.34 | -0.19 | 0.34 | 0.20 | 0.06 |
| Operating Cash Flow Ratio | 0.04 | 0.38 | 0.91 | 0.36 | -0.03 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 9.95 | 0.00 | 0.00 | -2.09 |
| Net Current Asset Value | $ -383.61M | $ -627.22M | $ -131.36M | $ -212.78M | $ -272.50M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.38 | 0.31 | 0.31 | 0.35 | 0.39 |
| Debt-to-Equity Ratio | 1.21 | 2.30 | 0.78 | 1.05 | 1.35 |
| Debt-to-Capital Ratio | 0.55 | 0.70 | 0.44 | 0.51 | 0.57 |
| Long-Term Debt-to-Capital Ratio | 0.55 | 0.68 | 0.42 | 0.50 | 0.57 |
| Financial Leverage Ratio | 3.19 | 7.48 | 2.48 | 3.03 | 3.46 |
| Debt Service Coverage Ratio | 13.68 | -6.52 | 14.96 | 8.80 | 2.74 |
| Interest Coverage Ratio | 15.06 | -17.95 | 15.71 | 8.12 | 1.45 |
| Debt to Market Cap | 1.23 | 0.54 | 0.33 | 0.36 | 0.44 |
| Interest Debt Per Share | 11.18 | 10.22 | 9.54 | 9.04 | 9.13 |
| Net Debt to EBITDA | 1.13 | -1.06 | 0.69 | 1.68 | 5.02 |
| Profitability Margins | |||||
| Gross Profit Margin | 3.81% | 13.62% | 19.64% | 12.90% | 10.90% |
| EBIT Margin | 19.74% | -18.33% | 12.40% | 6.69% | 1.35% |
| EBITDA Margin | 23.54% | -15.40% | 14.19% | 8.56% | 4.06% |
| Operating Profit Margin | 20.81% | -18.29% | 12.30% | 6.66% | 1.86% |
| Pretax Profit Margin | 18.35% | -19.35% | 11.62% | 5.85% | 0.07% |
| Net Profit Margin | 13.71% | -14.59% | 9.12% | 4.49% | 0.06% |
| Continuous Operations Profit Margin | 13.72% | -14.54% | 9.14% | 4.51% | 0.06% |
| Net Income Per EBT | 74.67% | 75.43% | 78.47% | 76.66% | 90.23% |
| EBT Per EBIT | 88.20% | 105.76% | 94.47% | 87.87% | 3.85% |
| Return on Assets (ROA) | 18.05% | -20.13% | 16.97% | 9.33% | 0.10% |
| Return on Equity (ROE) | 57.56% | -150.44% | 42.08% | 28.23% | 0.36% |
| Return on Capital Employed (ROCE) | 36.95% | -32.28% | 30.87% | 19.47% | 4.00% |
| Return on Invested Capital (ROIC) | 27.62% | -24.01% | 24.07% | 14.88% | 3.59% |
| Return on Tangible Assets | 23.07% | -24.73% | 21.41% | 12.26% | 0.14% |
| Earnings Yield | 58.89% | -37.38% | 19.20% | 10.22% | 0.12% |
| Efficiency Ratios | |||||
| Receivables Turnover | 11.73 | 12.62 | 13.02 | 9.70 | 9.65 |
| Payables Turnover | 10.18 | 11.46 | 13.02 | 11.52 | 9.24 |
| Inventory Turnover | 8.19 | 6.50 | 7.62 | 8.94 | 6.76 |
| Fixed Asset Turnover | 5.13 | 5.74 | 7.79 | 9.23 | 7.40 |
| Asset Turnover | 1.32 | 1.38 | 1.86 | 2.08 | 1.60 |
| Working Capital Turnover Ratio | 7.66 | 6.33 | 8.83 | 10.31 | 6.55 |
| Cash Conversion Cycle | 39.82 | 53.24 | 47.92 | 46.79 | 52.29 |
| Days of Sales Outstanding | 31.13 | 28.91 | 28.04 | 37.63 | 37.83 |
| Days of Inventory Outstanding | 44.56 | 56.18 | 47.93 | 40.84 | 53.98 |
| Days of Payables Outstanding | 35.86 | 31.85 | 28.04 | 31.68 | 39.51 |
| Operating Cycle | 75.68 | 85.09 | 75.96 | 78.47 | 91.81 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.28 | 2.64 | 6.80 | 2.55 | -0.15 |
| Free Cash Flow Per Share | -0.31 | 1.02 | 4.71 | 1.38 | -1.12 |
| Dividend Paid and CapEx Coverage Ratio | 0.30 | 1.35 | 2.80 | 1.70 | -0.11 |
| Capital Expenditure Coverage Ratio | 0.47 | 1.62 | 3.26 | 2.17 | -0.15 |
| Operating Cash Flow Coverage Ratio | 0.03 | 0.27 | 0.75 | 0.30 | -0.02 |
| Operating Cash Flow to Sales Ratio | 0.01 | 0.06 | 0.13 | 0.05 | -0.00 |
| Free Cash Flow Yield | -3.63% | 5.93% | 18.39% | 6.10% | -5.72% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 1.70 | -2.68 | 5.21 | 9.79 | 849.96 |
| Price-to-Sales (P/S) Ratio | 0.23 | 0.39 | 0.47 | 0.44 | 0.55 |
| Price-to-Book (P/B) Ratio | 0.98 | 4.02 | 2.19 | 2.76 | 3.04 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -27.53 | 16.85 | 5.44 | 16.40 | -17.49 |
| Price-to-Operating Cash Flow Ratio | 30.78 | 6.48 | 3.77 | 8.86 | -132.44 |
| Price-to-Earnings Growth (PEG) Ratio | -0.01 | 0.01 | 0.05 | 0.00 | -8.39 |
| Enterprise Value Multiple | 2.12 | -3.60 | 4.04 | 6.81 | 18.53 |
| Enterprise Value | 770.00M | 1.08B | 1.45B | 1.46B | 1.36B |
| EV to EBITDA | 2.12 | -3.60 | 4.04 | 6.81 | 18.53 |
| EV to Sales | 0.50 | 0.55 | 0.57 | 0.58 | 0.75 |
| EV to Free Cash Flow | -59.03 | 23.91 | 6.56 | 21.78 | -23.99 |
| EV to Operating Cash Flow | 66.00 | 9.19 | 4.55 | 11.76 | -181.70 |
| Tangible Book Value Per Share | 2.74 | -1.65 | 5.69 | 2.27 | 0.36 |
| Shareholders’ Equity Per Share | 8.85 | 4.26 | 11.69 | 8.18 | 6.42 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.25 | 0.21 | 0.23 | 0.10 |
| Revenue Per Share | 37.16 | 43.89 | 53.96 | 51.46 | 35.58 |
| Net Income Per Share | 5.09 | -6.40 | 4.92 | 2.31 | 0.02 |
| Tax Burden | 0.75 | 0.75 | 0.78 | 0.77 | 0.90 |
| Interest Burden | 0.93 | 1.06 | 0.94 | 0.88 | 0.05 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| SG&A to Revenue | 0.20 | 0.31 | 0.06 | 0.05 | 0.05 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.06 | -0.41 | 1.38 | 1.10 | -6.42 |
Currency in USD