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Wabash National Corporation

WNCIndustrialsNASDAQ

Farm & Heavy Construction Machinery

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Financials · Annual
Revenue
$1.54B
-20.8% YoY
Net Income
$211.5M
+174.4% YoY
EBITDA
$363.2M
+221.2% YoY
Free Cash Flow
$98.3M

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About Wabash National Corporation

Wabash National Corporation manufactures engineered solutions and services for transportation, logistics and infrastructure industry in the United States. At a $322.5M market cap, Wabash National Corporation ranks as a small-cap company within industrials. The company operates in two segments, Transportation Solutions and Parts & Services.

Key stats
Market Cap$322.5M
Fwd P/E5.05
EPS$-1.43
Beta1.59
52W Change-7.2%
Dividend Yield4.04%
ROE-17.8%
Analysis

On the balance sheet, WNC has $43.4M in cash with $530.9M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $98.3M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -17.8%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has pulled back from $2.50B (2022) to $1.54B (2025), a 38% decline worth watching.

Wabash National Corporation's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Wabash National Corporation and its sector.

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