WWWNYSEFootwear, (No Rubber)Fiscal year ends December 30
WOLVERINE WORLD WIDE INC /DE/
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 13, 2026
$19.42−0.37 (-1.87%)
Close on Oct 19, 2026
- Market cap
- $1.59B
- P/E (TTM)
- 15.2
- Dividend yield
- 2.06%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
47.3%+6.2 pts over 5 years
Operating margin
8.0%+15.7 pts over 5 years
Net margin
5.1%+12.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.8% | -11.3% | +0.9% | -3.6% | |
| Gross profit | +14.0% | -6.1% | +3.8% | -1.7% | |
| Operating income | +54.1% | – | – | -2.9% | |
| Net income | +111.9% | – | – | -2.5% | |
| EPS, diluted | +107.3% | – | – | -0.5% | |
| Free cash flow | -21.5% | – | -15.9% | -2.9% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | +5.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.1% | -20.6% | 26.6% | |
| Return on assets | 3.6% | -5.9% | 5.7% | |
| Current ratio | 3.09 | 2.23 | 1.40 | |
| Debt to equity | 0.85 | 1.29 | 1.34 | |
| Net debt to EBITDA | 2.16× | -3.60× | 1.93× | |
| Inventory turnover | 3.8× | 3.6× | 3.8× | |
| Capex to revenue | 2.2% | 0.6% | 0.8% | |
| Diluted shares | 96M | 81M | 82M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Wolverine World Wide generated $707.60M from operations and spent $403.50M on capital expenditure, dividends and share buybacks. 26% of that went back into the business.
Generated
$707.60M
Used
$403.50M
Capital expenditure$103.40M26%Dividends$164.70M41%Share buybacks$135.40M34%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.1%
×Asset turnover1.11×
×Equity multiplier4.69×
=Return on equity, FY202526.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.1% | 1.11× | 4.69× | 26.6% |
| FY2024 | 2.6% | 0.94× | 6.32× | 15.3% |
| FY2023 | -1.7% | 0.98× | 7.60× | -12.9% |
| FY2022 | -7.0% | 1.06× | 5.35× | -39.6% |
| FY2021 | 2.8% | 1.02× | 3.97× | 11.5% |
| FY2020 | -7.6% | 0.78× | 3.48× | -20.6% |
| FY2019 | 5.7% | 0.98× | 2.66× | 14.7% |
| FY2018 | 8.9% | 0.98× | 2.37× | 20.7% |
| FY2017 | 0.0% | 0.97× | 2.52× | 0.0% |
| FY2016 | 3.5% | 1.03× | 2.52× | 9.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$95.80M
- Cash generatingOperating cash flow above zero$140.00M
- Return on assets improvedROA up on the prior year2.2% → 5.7%
- Earnings backed by cashOperating cash flow above net income$140.00M vs $95.80M
- Less leverageLong-term debt to assets fell33.9% → 32.0%
- Better liquidityCurrent ratio rose1.31 → 1.40
- No dilutionShare count did not rise80M → 82M
- Gross margin improvedGross margin up on the prior year44.33% → 47.31%
- More efficientAsset turnover rose0.85 → 1.12