Winmark Corporation (WINA) - Net Assets

Latest as of March 2026: $-46.21 Million USD

Based on the latest financial reports, Winmark Corporation (WINA) has net assets worth $-46.21 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.07 Million) and total liabilities ($81.28 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Winmark Corporation to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets $-46.21 Million
% of Total Assets -131.75%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 78.54

Winmark Corporation - Net Assets Trend (1993–2025)

This chart illustrates how Winmark Corporation's net assets have evolved over time, based on quarterly financial data. See WINA days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Winmark Corporation (1993–2025)

The table below shows the annual net assets of Winmark Corporation from 1993 to 2025. For live valuation and market cap data, see WINA market cap overview.

Year Net Assets Change
2025-12-31 $-53.68 Million -5.16%
2024-12-31 $-51.05 Million +13.71%
2023-12-31 $-59.16 Million +4.02%
2022-12-31 $-61.63 Million -57.69%
2021-12-31 $-39.08 Million -243.48%
2020-12-31 $-11.38 Million -191.41%
2019-12-31 $12.45 Million +358.88%
2018-12-31 $-4.81 Million +84.33%
2017-12-31 $-30.68 Million -290.71%
2016-12-31 $-7.85 Million +74.40%
2015-12-31 $-30.67 Million -241.95%
2014-12-31 $21.61 Million -43.35%
2013-12-31 $38.14 Million +112.77%
2012-12-31 $17.93 Million -48.94%
2011-12-31 $35.11 Million +52.56%
2010-12-31 $23.01 Million +50.13%
2009-12-31 $15.33 Million +10.35%
2008-12-31 $13.89 Million +9.65%
2007-12-31 $12.67 Million -19.59%
2006-12-31 $15.76 Million -29.31%
2005-12-31 $22.29 Million +3.38%
2004-12-31 $21.56 Million +39.94%
2003-12-31 $15.41 Million +29.45%
2002-12-31 $11.90 Million +79.76%
2001-12-31 $6.62 Million +90.97%
2000-12-31 $3.47 Million +19.54%
1999-12-31 $2.90 Million -71.57%
1998-12-31 $10.20 Million -41.71%
1997-12-31 $17.50 Million -1.13%
1996-12-31 $17.70 Million -16.51%
1995-12-31 $21.20 Million -2.30%
1994-12-31 $21.70 Million +9.60%
1993-12-31 $19.80 Million --

Equity Component Analysis

This analysis shows how different components contribute to Winmark Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 9261.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock $19.61 Million %
Total Equity $-53.68 Million 100.00%

Winmark Corporation Competitors by Market Cap

The table below lists competitors of Winmark Corporation ranked by their market capitalization.

Company Market Cap
ROMANDE ENERGIE SA
SW:REHN
 $1.29 Billion
Chemtrade Logistics Income Fund
TO:CHE-UN
 $1.29 Billion
Saha Pathana Inter-Holding PCL
BK:SPI
 $1.29 Billion
SP Setia Bhd
KLSE:8664
 $1.29 Billion
Forbo Holding AG
SW:FORN
 $1.29 Billion
ACV Auctions Inc.
NASDAQ:ACVA
 $1.29 Billion
Guangdong Tapai Group Co Ltd
SHE:002233
 $1.29 Billion
Xiamen King Long Motor Group Co Ltd
SHG:600686
 $1.29 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Winmark Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from -51,046,100 to -53,682,400, a change of -2,636,300.
  • Net income of 41,654,100 contributed positively to equity growth.
  • Dividend payments of 49,112,700 reduced retained earnings.
  • Share repurchases of 2,418,700 reduced equity.
  • Other factors increased equity by 7,241,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $41.65 Million +77.59%
Dividends Paid $49.11 Million -91.49%
Share Repurchases $2.42 Million -4.51%
Other Changes $7.24 Million +13.49%
Total Change $- %

Book Value vs Market Value Analysis

This analysis compares Winmark Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 $3.96 $400.34 x
1994-12-31 $2.95 $400.34 x
1995-12-31 $2.97 $400.34 x
1996-12-31 $2.71 $400.34 x
1997-12-31 $2.84 $400.34 x
1998-12-31 $1.75 $400.34 x
1999-12-31 $0.56 $400.34 x
2000-12-31 $0.64 $400.34 x
2001-12-31 $1.14 $400.34 x
2002-12-31 $1.96 $400.34 x
2003-12-31 $2.44 $400.34 x
2004-12-31 $3.32 $400.34 x
2005-12-31 $3.51 $400.34 x
2006-12-31 $2.62 $400.34 x
2007-12-31 $2.27 $400.34 x
2008-12-31 $2.51 $400.34 x
2009-12-31 $2.87 $400.34 x
2010-12-31 $4.42 $400.34 x
2011-12-31 $6.70 $400.34 x
2012-12-31 $3.42 $400.34 x
2013-12-31 $7.28 $400.34 x
2014-12-31 $4.14 $400.34 x
2015-12-31 $-6.59 $400.34 x
2016-12-31 $-1.81 $400.34 x
2017-12-31 $-7.07 $400.34 x
2018-12-31 $-1.16 $400.34 x
2019-12-31 $3.04 $400.34 x
2020-12-31 $-2.95 $400.34 x
2021-12-31 $-10.26 $400.34 x
2022-12-31 $-17.16 $400.34 x
2023-12-31 $-16.25 $400.34 x
2024-12-31 $-13.92 $400.34 x
2025-12-31 $-14.57 $400.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Winmark Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 48.40%
  • • Asset Turnover: 3.46x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is below the historical average (18.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 1.52% 0.58% 1.63x 1.61x $-1.68 Million
1994 6.45% 1.67% 2.11x 1.82x $-770.00K
1995 9.43% 2.00% 2.95x 1.60x $-120.00K
1996 14.69% 2.84% 3.13x 1.65x $830.00K
1997 18.29% 3.60% 2.35x 2.16x $1.45 Million
1998 70.59% 7.47% 2.24x 4.23x $6.18 Million
1999 -296.55% -12.91% 2.25x 10.21x $-8.89 Million
2000 -10.12% -0.74% 3.23x 4.25x $-697.38K
2001 48.30% 8.86% 2.94x 1.86x $2.54 Million
2002 32.17% 11.46% 2.07x 1.36x $2.64 Million
2003 26.05% 12.84% 1.63x 1.24x $2.47 Million
2004 18.93% 15.01% 1.10x 1.15x $1.93 Million
2005 9.42% 7.90% 1.00x 1.19x $-128.69K
2006 21.72% 12.50% 0.73x 2.39x $1.85 Million
2007 24.03% 9.77% 0.55x 4.50x $1.78 Million
2008 8.20% 3.22% 0.61x 4.18x $-249.72K
2009 38.16% 15.68% 0.66x 3.71x $4.32 Million
2010 44.88% 25.07% 0.98x 1.83x $8.03 Million
2011 40.15% 27.46% 1.08x 1.36x $10.58 Million
2012 72.17% 24.91% 1.19x 2.43x $11.15 Million
2013 47.80% 32.71% 1.05x 1.39x $14.42 Million
2014 92.86% 32.80% 1.12x 2.53x $17.91 Million
2015 0.00% 31.39% 1.46x 0.00x $24.87 Million
2016 0.00% 33.37% 1.37x 0.00x $23.00 Million
2017 0.00% 35.22% 1.44x 0.00x $27.63 Million
2018 0.00% 41.55% 1.55x 0.00x $30.61 Million
2019 258.26% 43.86% 1.19x 4.97x $30.90 Million
2020 0.00% 45.14% 2.11x 0.00x $30.96 Million
2021 0.00% 51.04% 2.91x 0.00x $43.83 Million
2022 0.00% 48.43% 2.67x 0.00x $45.59 Million
2023 0.00% 48.27% 2.92x 0.00x $46.09 Million
2024 0.00% 49.15% 3.03x 0.00x $45.06 Million
2025 0.00% 48.40% 3.46x 0.00x $47.02 Million

Industry Comparison

This section compares Winmark Corporation's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

  • Industry: Specialty Retail
  • Average net assets among peers: $777,811,219
  • Average return on equity (ROE) among peers: 28.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Winmark Corporation (WINA) $-46.21 Million 1.52% N/A $1.29 Billion
Able View Global Inc. Class B Ordinary Shares (ABLV) $11.42 Million 85.41% 3.81x $27.46 Million
Arhaus Inc (ARHS) $3.03 Million 248.25% 87.69x $391.66 Million
Arko Corp (ARKO) $63.58 Million 1.84% 1.82x $770.72 Million
Academy Sports Outdoors Inc (ASO) $2.00 Billion 20.88% 1.45x $3.34 Billion
BARK, Inc. (BARK) $170.54 Million -36.07% 1.35x $73.19 Million
Build-A-Bear Workshop Inc (BBW) $65.68 Million -37.47% 2.98x $407.23 Million
Bath & Body Works Inc. (BBWI) $2.44 Billion 16.02% 0.69x $3.86 Billion
Best Buy Co. Inc (BBY) $2.81 Billion 33.01% 4.26x $13.82 Billion
Big 5 Sporting Goods Corporation (BGFV) $-82.48 Million 0.00% 0.00x $33.00 Million
Barnes & Noble Education Inc (BNED) $293.01 Million -47.71% 2.52x $250.98 Million

About Winmark Corporation

NASDAQ:WINA USA Specialty Retail
Market Cap
$1.43 Billion
Market Cap Rank
#7966 Global
#2291 in USA
Share Price
$400.34
Change (1 day)
-0.05%
52-Week Range
$351.11 - $517.89
All Time High
$517.89
Categories
Companies in USA Specialty Retail
About

Winmark Corporation, a resale company, operates as a franchisor in the United States and Canada. It is involved in the operation of Plato's Closet, which franchisees buy and sell gently used clothing and accessories for the teenage and young adult market; Once Upon A Child, which franchisees buy and sell gently used and, to a lesser extent, new children's clothing, toys, furniture, equipment, and… Read more