WNC
Wabash National Corp Consumer Discretionary Truck Trailers Russell 3000
$11.74Close
$474.7MMarket cap
$6.73 – $14.2352-week range
Jan 27, 2027Next report · estimated
Highlights
Cautions
- Trend not confirmed 7 of 8 conditions · under the 50-day
- Earnings shrinking EPS −152% year on year
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
17%
1wk
down 8.8%
price change
1mo
down 4.2%
price change
12-month return
up 49%
market up 11% ·
its own up 34%
F-score
4 / 9
Weak
Altman Z
3.02
Low risk
P/E
2.2×
price / earnings
PEG
—
P/E / EPS growth
P/B
1.3×
price / book
Earnings yield
up 34.7%
EBIT / enterprise value
Cheaper than
67%
of the market · cheap
Revenue growth
down 21%
year on year
EPS growth
down 152%
latest quarter
Sales growth
up 25%
latest quarter · +34 pts
ROE
up 76%
return on equity
Free cash margin
down 1%
-$13.0M FCF
D/E
1.21
long-term debt / equity
Net debt / EBITDA
1.1×
Interest cover
—EBIT / interest
Piotroski tests
- profits not fully backed by cash
- took on more long-term debt
- short-term liquidity weakened
- gross margin narrowed
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profitability improving
- no new shares issued
Trade setup
ATR%
7.0%
$0.83 a day · 2×ATR $10.09
RS
78 / 99
vs the universe
Trend
7 / 8
under the 50-day
Relative volume
2.4×
vs 50-day average
Up/down volume
0.95
50 sessions
Implied move
—
no scheduled report
Trend template · 7 of 8
- Price above the 50-day average: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Material impairment The company disclosed a material impairment - an asset written down below the value the balance sheet had been carrying.
- Profit not backed by cash Reported profit of $211.5M came with $11.7M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
- Gross margin narrowing Gross margin fell from 13.6% to 4.5%. The company is keeping less of each dollar of sales than it did a year ago.
- Revenue shrinking Revenue fell 20.8% over the year, from $1.9B to $1.5B.
Last reported
Oct 29, 2026
Results reaction
Oct 29, 2026-13% vs market2 sessions after results
Financials
- Gross 5%
- Net 14%
- Free cash -1%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.8B | $2.5B | $2.5B | $1.9B | $1.5B |
| Gross margin | 11% | 11% | 13% | 20% | 14% | 5% |
| Operating income | -$85.6M | $33.5M | $166.6M | $311.9M | -$356.1M | $307.5M |
| Net income | -$97.4M | $1.2M | $112.3M | $231.3M | -$284.1M | $211.5M |
| Net margin | -7% | 0% | 4% | 9% | -15% | 14% |
| Earnings per share | -$1.84 | $0.02 | $2.25 | $4.81 | -$6.40 | $5.07 |
| Free cash flow | $104.0M | -$56.6M | $67.0M | $221.5M | $45.1M | -$13.0M |
| Free cash margin | 7% | -3% | 3% | 9% | 2% | -1% |
| Cash | $217.7M | $71.8M | $58.2M | $179.3M | $115.5M | $31.9M |
| Long-term debt | $448.0M | $428.3M | $395.8M | $396.5M | $397.1M | $442.9M |
| Shareholders' equity | $404.9M | $325.5M | $397.6M | $549.5M | $188.8M | $367.4M |
| Shares outstanding | 52.54m | 48.95m | 47.68m | 45.39m | 42.88m | 40.44m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 29, 2026 | Quarterly ↗ | Sep 30, 2026 | 29d |
| Jul 29, 2026 | Quarterly ↗ | Jun 30, 2026 | 29d |
| May 1, 2026 | Quarterly ↗ | Mar 31, 2026 | 31d |
| Feb 18, 2026 | Annual ↗ | Dec 31, 2025 | 49d |
| Oct 30, 2025 | Quarterly ↗ | Sep 30, 2025 | 30d |
| Jul 25, 2025 | Quarterly ↗ | Jun 30, 2025 | 25d |
| Apr 30, 2025 | Quarterly ↗ | Mar 31, 2025 | 30d |
| Feb 18, 2025 | Annual ↗ | Dec 31, 2024 | 49d |
| Oct 24, 2024 | Quarterly ↗ | Sep 30, 2024 | 24d |
| Jul 24, 2024 | Quarterly ↗ | Jun 30, 2024 | 24d |
| Apr 24, 2024 | Quarterly ↗ | Mar 31, 2024 | 24d |
| Feb 22, 2024 | Annual ↗ | Dec 31, 2023 | 53d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Results ↗ |
| Sep 24, 2026 | Regulation FD ↗ |
| Aug 13, 2026 | Material agreement · New obligation ↗ |
| Jul 31, 2026 | Director or officer change ↗ |
| Jul 29, 2026 | Results ↗ |
| Jul 20, 2026 | Material agreement · New obligation · Unregistered share sale · Other events ↗ |
| Jul 14, 2026 | Material agreement · Results · Regulation FD · Other events ↗ |
| May 14, 2026 | Shareholder vote ↗ |
| May 1, 2026 | Results ↗ |
| Apr 9, 2026 | Director or officer change ↗ |
| Feb 4, 2026 | Results ↗ |
| Jan 5, 2026 | Restructuring · Impairment ↗ |