← Back to All US Stocks

Winnebago Industries Inc. (WGO) Stock Fundamental Analysis & AI Rating 2026

WGO NYSE Motor Homes MN CIK: 0000107687
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2026-02-28
SELL
75% Conf
Pending
Analysis scheduled

📊 WGO Key Takeaways

Revenue: $1.4B
Net Margin: 0.8%
Free Cash Flow: $-9.3M
Current Ratio: 2.30x
Debt/Equity: 0.36x
EPS: $0.36
AI Rating: SELL with 75% confidence
Winnebago Industries Inc. (WGO) receives a SELL rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.4B, net profit margin of 0.8%, and return on equity (ROE) of 0.8%, Winnebago Industries Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete WGO stock analysis for 2026.

Is Winnebago Industries Inc. (WGO) a Good Investment?

Claude

Winnebago faces fundamental deterioration with -5.9% revenue decline paired with critically weak cash generation—operating cash flow of $600K and negative free cash flow of -$9.3M indicate poor earnings quality despite reported net income growth. Razor-thin margins (0.8% net, 1.9% operating), minimal capital returns (0.8% ROE, 0.5% ROA), and thin interest coverage (2.7x) compound concerns in a cyclical discretionary industry experiencing demand softness.

Why Buy Winnebago Industries Inc. Stock? WGO Key Strengths

Claude
  • + Net income growth of +97.7% YoY demonstrates cost management
  • + Moderate leverage with Debt/Equity of 0.36x and current ratio of 2.30x
  • + Positive EPS growth of +106.8% YoY shows per-share improvement

WGO Stock Risks: Winnebago Industries Inc. Investment Risks

Claude
  • ! Revenue declining -5.9% YoY signals weakening market demand in discretionary motor home sector
  • ! Negative free cash flow (-$9.3M) and operating cash flow near zero ($600K) despite positive earnings raises critical earnings quality concerns
  • ! Extreme margin compression with net margin of only 0.8% and operating margin of 1.9% leaves minimal buffer for operational disruptions
  • ! Very low capital efficiency with ROE of 0.8% and ROA of 0.5%
  • ! Interest coverage of 2.7x is dangerously thin given debt burden of $442.3M
  • ! Quick ratio of 0.99x indicates reliance on inventory conversion despite adequate current ratio

Key Metrics to Watch

Claude
  • * Quarterly operating cash flow trends and free cash flow recovery
  • * Revenue trajectory stabilization and demand indicators in motor home market
  • * Gross and operating margin expansion potential given expense management
  • * Debt service capacity and interest coverage ratio sustainability
  • * Working capital efficiency and inventory turnover

Winnebago Industries Inc. (WGO) Financial Metrics & Key Ratios

Revenue
$1.4B
Net Income
$10.3M
EPS (Diluted)
$0.36
Free Cash Flow
$-9.3M
Total Assets
$2.1B
Cash Position
$47.4M

💡 AI Analyst Insight

Strong liquidity with a 2.30x current ratio provides a solid financial cushion.

WGO Profit Margin, ROE & Profitability Analysis

Gross Margin 12.8%
Operating Margin 1.9%
Net Margin 0.8%
ROE 0.8%
ROA 0.5%
FCF Margin -0.7%

WGO vs Market Sector: How Winnebago Industries Inc. Compares

How Winnebago Industries Inc. compares to Market sector averages

Net Margin
WGO 0.8%
vs
Sector Avg 12.0%
WGO Sector
ROE
WGO 0.8%
vs
Sector Avg 15.0%
WGO Sector
Current Ratio
WGO 2.3x
vs
Sector Avg 1.8x
WGO Sector
Debt/Equity
WGO 0.4x
vs
Sector Avg 0.7x
WGO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Winnebago Industries Inc. Stock Overvalued? WGO Valuation Analysis 2026

Based on fundamental analysis, Winnebago Industries Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
0.8%
Sector avg: 15%
Net Profit Margin
0.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.36x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Winnebago Industries Inc. Balance Sheet: WGO Debt, Cash & Liquidity

Current Ratio
2.30x
Quick Ratio
0.99x
Debt/Equity
0.36x
Debt/Assets
39.8%
Interest Coverage
2.72x
Long-term Debt
$442.3M

WGO Revenue & Earnings Growth: 5-Year Financial Trend

WGO 5-year financial data: Year 2021: Revenue $3.6B, Net Income $111.8M, EPS $3.52. Year 2022: Revenue $5.0B, Net Income $61.4M, EPS $1.84. Year 2023: Revenue $5.0B, Net Income $281.9M, EPS $8.28. Year 2024: Revenue $5.0B, Net Income $390.6M, EPS $11.84. Year 2025: Revenue $3.5B, Net Income $215.9M, EPS $6.23.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Winnebago Industries Inc.'s revenue has remained relatively flat over the 5-year period, with a 4% decline. The most recent EPS of $6.23 reflects profitable operations.

WGO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-0.7%
Free cash flow / Revenue

WGO Quarterly Earnings & Performance

Quarterly financial performance data for Winnebago Industries Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $620.2M -$400.0K $-0.02
Q1 2026 $625.6M -$5.2M $-0.18
Q3 2025 $775.1M $12.0M $0.42
Q2 2025 $620.2M -$400.0K $-0.02
Q1 2025 $625.6M -$5.2M $-0.18
Q3 2024 $786.0M $29.0M $0.96
Q2 2024 $703.6M -$12.7M $-0.43
Q1 2024 $763.0M $25.8M $0.78

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Winnebago Industries Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$600.0K
Cash generated from operations
Stock Buybacks
$1.7M
Shares repurchased (TTM)
Capital Expenditures
$9.9M
Investment in assets
Dividends Paid
$20.1M
Returned to shareholders

WGO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Winnebago Industries Inc. (CIK: 0000107687)

📋 Recent SEC Filings

Date Form Document Action
Mar 25, 2026 10-Q wgo-20260228.htm View →
Mar 25, 2026 8-K wgo-20260325.htm View →
Mar 3, 2026 4 xslF345X05/form4-03032026_050305.xml View →
Mar 3, 2026 4 xslF345X05/form4-03032026_050311.xml View →
Feb 5, 2026 8-K wgo-20260205.htm View →

Frequently Asked Questions about WGO

What is the AI rating for WGO?

Winnebago Industries Inc. (WGO) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WGO's key strengths?

Claude: Net income growth of +97.7% YoY demonstrates cost management. Moderate leverage with Debt/Equity of 0.36x and current ratio of 2.30x.

What are the risks of investing in WGO?

Claude: Revenue declining -5.9% YoY signals weakening market demand in discretionary motor home sector. Negative free cash flow (-$9.3M) and operating cash flow near zero ($600K) despite positive earnings raises critical earnings quality concerns.

What is WGO's revenue and growth?

Winnebago Industries Inc. reported revenue of $1.4B.

Does WGO pay dividends?

Winnebago Industries Inc. pays dividends, with $20.1M distributed to shareholders in the trailing twelve months.

Where can I find WGO SEC filings?

Official SEC filings for Winnebago Industries Inc. (CIK: 0000107687) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WGO's EPS?

Winnebago Industries Inc. has a diluted EPS of $0.36.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WGO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Winnebago Industries Inc. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is WGO stock overvalued or undervalued?

Valuation metrics for WGO: ROE of 0.8% (sector avg: 15%), net margin of 0.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy WGO stock in 2026?

Our dual AI analysis gives Winnebago Industries Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WGO's free cash flow?

Winnebago Industries Inc.'s operating cash flow is $600.0K, with capital expenditures of $9.9M. FCF margin is -0.7%.

How does WGO compare to other Market stocks?

Vs Default sector averages: Net margin 0.8% (avg: 12%), ROE 0.8% (avg: 15%), current ratio 2.30 (avg: 1.8).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2026-02-28 | Powered by Claude AI