Company Analysis

Winnebago Industries, Inc. (WGO)

NYSE: WGO · Motor Homes · Eden Prairie, MN · filing with the SEC since 1994
Grade5.0
◀ Past 6.1● Present 5.3▶ Future 3.6

The grade of Winnebago Industries, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past6.130% of the headline
● Present5.340% of the headline
▶ Future3.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 70th percentile among 30 sector filers · read for itself

From the record

Winnebago Industries, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.8/10

What has it actually done, year after year?

+3.7% a year over 9 filed years; profitable in 9 of 9.

weight 45% of this tense · 38th percentile among 29 sector filers · read for its customers

From the record

Winnebago Industries, Inc.'s 9 filed years say what it did: revenue went from $2.0 billion in fiscal 2018 to $2.7 billion in fiscal 2026, up 3.7% a year; it rose in 3 of 8 years; the deepest fall was 45% from fiscal 2022 to fiscal 2026; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.7%bottom 38% of its family
  • the share of years revenue rosebottom 9% of its family
  • the share of filed years with a profittop 19% of its family
  • the deepest fall from a revenue peak45.5%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
9.3/10

How has it treated the people who own it?

Share count shrank 7.1% a year. 56% of cash flow returned. Insiders: 4 sales, 0 purchases.

weight 22% of this tense · 93rd percentile among 20 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-08-29, Winnebago Industries, Inc.'s diluted share count shrank about 7.1% a year, and dividends and buybacks returned about 56% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-06 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 2% of its family
  • cash returned against operating cash flowtop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.0/10

Is it financially healthy right now?

ROE 3%: 3¢ of profit per shareholder dollar. Leverage 41%: owes 41¢ per asset dollar.

weight 45% of this tense · 50th percentile among 27 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-08-29, Winnebago Industries, Inc. earned about 3 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 41 cents per dollar of assets, and net share issuance: its share count grew 0.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 24% of its family
  • return on equitybottom 42% of its family
  • gross profit against assetsbottom 48% of its family
  • the share count against the year beforebottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.7/10

How strong is its position in its industry?

bottom 47% of 30 in its family; net margin 1.3%.

weight 33% of this tense · 47th percentile among 30 sector filers · read for its customers

From the record

Winnebago Industries, Inc.'s standing among 30 graded names in its industry family: revenue of $2.7 billion in fiscal 2026 ranks in the top 30% by size; a net margin of 1.3% ranks in the bottom 48%; revenue growth of -8.1% a year over the last 3 filed years ranks in the bottom 22% (its annual reports).

What it rests on

  • revenue against the family$2.70Btop 30% of its family
  • net margin1.3%bottom 48% of its family
  • three-year revenue growth-8.1%bottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.0/10

What are the people in charge doing?

top 30% of 21 in its family for leadership; chief executive since 2016.

weight 22% of this tense · 70th percentile among 21 sector filers · read for its shareholders

From the record

Winnebago Industries, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Happe, Michael J (PRESIDENT & CEO, as filed), filing under that title since 2016-01-19, 10.8 years (top 17% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 9.6 years (top 17%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 43%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 16 peoplebottom 43% of its family
  • the median years the people in charge have filed9.6 yearstop 17% of its family
  • the chief executive's years on the record10.8 yearstop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.0/10

How much room does it have to grow?

bottom 40% of 30 in its family for room to expand.

weight 45% of this tense · 40th percentile among 30 sector filers · read for itself

From the record

Winnebago Industries, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $181 million against debt of $443 million leaves -12.5% of its assets as net cash, bottom 32% of its family; cash from operations less capital spending is 5.3% of revenue (top 42%); a gross margin of 13% (bottom 31%) (its annual report).

What it rests on

  • cash less debt against assets-12.5%bottom 32% of its family
  • cash from operations less capital spending against revenue5.3%top 42% of its family
  • gross margin13.0%bottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.6/10

What could actually drive growth from here?

bottom 26% of 29 in its family for growth drivers.

weight 33% of this tense · 26th percentile among 29 sector filers · read for its customers

From the record

Winnebago Industries, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -8.1% a year over the last three filed years against 3.7% over all 9, slowing (bottom 34% of its family); the newest year grew -3.4% (bottom 33%); research spending grew 1.7% a year (bottom 29%); capital spending grew -33.8% a year (bottom 9%) (its annual reports). Winnebago Industries, Inc. reported 3 lines of business in fiscal 2025: Towable RV at $1.2 billion, Motorhome RV at $1.2 billion, Marine at $368 million. 1 of 3 grew in the latest filed year, and the largest line is 44% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-11.9 points a yearbottom 34% of its family
  • the newest year's revenue growth-3.4%bottom 33% of its family
  • three-year growth of research spending1.7%bottom 29% of its family
  • three-year growth of capital spending-33.8%bottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.3/10

Did its newest year beat what its own record pointed to?

bottom 43% of 28 in its family for expectations against reality.

weight 22% of this tense · 43rd percentile among 28 sector filers · read for its shareholders

From the record

Winnebago Industries, Inc.'s newest year against its own record: revenue of $2.7 billion in fiscal 2026 came in 7.9% above the $2.5 billion its prior three years' pace pointed to (top 37% of its family); net income of $35 million against a prior three-year average of $85 million (bottom 27%); a net margin of 1.3% against 2.5% before (bottom 41%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace7.9%top 37% of its family
  • net income against the prior three years' average-59%bottom 27% of its family
  • net margin against its prior average-1.2 pointsbottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WGO · research, not advice