Winnebago Industries Inc
Winnebago Industries, Inc. manufactures and sells recreation outdoor lifestyle products primarily for use in leisure travel and outdoor recreation activities. It operates through three segments: Towable RV, Motorhome RV, and Marine. The company provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters, s… Read more
Winnebago Industries Inc (WGO) - Net Assets
Latest net assets as of November 2025: $1.23 Billion USD
Based on the latest financial reports, Winnebago Industries Inc (WGO) has net assets worth $1.23 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.13 Billion) and total liabilities ($893.60 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.23 Billion |
| % of Total Assets | 57.99% |
| Annual Growth Rate | 5.64% |
| 5-Year Change | 15.87% |
| 10-Year Change | 356.37% |
| Growth Volatility | 19.04 |
Winnebago Industries Inc - Net Assets Trend (1985–2025)
This chart illustrates how Winnebago Industries Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Winnebago Industries Inc (1985–2025)
The table below shows the annual net assets of Winnebago Industries Inc from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $1.22 Billion | -3.82% |
| 2024-08-31 | $1.27 Billion | -6.93% |
| 2023-08-31 | $1.37 Billion | +8.32% |
| 2022-08-31 | $1.26 Billion | +19.50% |
| 2021-08-31 | $1.06 Billion | +27.73% |
| 2020-08-31 | $827.47 Million | +30.88% |
| 2019-08-31 | $632.21 Million | +18.29% |
| 2018-08-31 | $534.45 Million | +21.00% |
| 2017-08-31 | $441.67 Million | +64.58% |
| 2016-08-31 | $268.36 Million | +21.45% |
| 2015-08-31 | $220.96 Million | +14.64% |
| 2014-08-31 | $192.75 Million | +12.90% |
| 2013-08-31 | $170.73 Million | +18.00% |
| 2012-08-31 | $144.69 Million | +33.07% |
| 2011-08-31 | $108.73 Million | +11.49% |
| 2010-08-31 | $97.53 Million | +5.63% |
| 2009-08-31 | $92.33 Million | -46.91% |
| 2008-08-31 | $173.92 Million | -16.52% |
| 2007-08-31 | $208.35 Million | -4.57% |
| 2006-08-31 | $218.32 Million | -7.45% |
| 2005-08-31 | $235.89 Million | +16.85% |
| 2004-08-31 | $201.88 Million | -4.15% |
| 2003-08-31 | $210.63 Million | +17.13% |
| 2002-08-31 | $179.81 Million | -13.33% |
| 2001-08-31 | $207.46 Million | +18.61% |
| 2000-08-31 | $174.91 Million | +17.07% |
| 1999-08-31 | $149.40 Million | +28.24% |
| 1998-08-31 | $116.50 Million | -5.97% |
| 1997-08-31 | $123.90 Million | +15.26% |
| 1996-08-31 | $107.50 Million | +4.88% |
| 1995-08-31 | $102.50 Million | +25.31% |
| 1994-08-31 | $81.80 Million | -2.27% |
| 1993-08-31 | $83.70 Million | +12.20% |
| 1992-08-31 | $74.60 Million | -10.87% |
| 1991-08-31 | $83.70 Million | -25.99% |
| 1990-08-31 | $113.10 Million | -13.66% |
| 1989-08-31 | $131.00 Million | -9.66% |
| 1988-08-31 | $145.00 Million | -7.58% |
| 1987-08-31 | $156.90 Million | +3.56% |
| 1986-08-31 | $151.50 Million | +10.99% |
| 1985-08-31 | $136.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Winnebago Industries Inc'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 grown by 1643.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.71 Billion | 139.63% |
| Common Stock | $25.90 Million | 2.11% |
| Other Comprehensive Income | $-400.00K | -0.03% |
| Total Equity | $1.22 Billion | 100.00% |
Winnebago Industries Inc Competitors by Market Cap
The table below lists competitors of Winnebago Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEAT Limited
NSE:CEATLTD
|
$886.50 Million |
|
Kepco Plant S&
KO:051600
|
$887.05 Million |
|
President Securities Corp
TW:2855
|
$887.40 Million |
|
Streamax Technology Co Ltd
SHE:002970
|
$887.67 Million |
|
Mesnac Co Ltd
SHE:002073
|
$886.35 Million |
|
Cementir Holding
LSE:0HY2
|
$886.16 Million |
|
Oki Electric Industry Co. Ltd
F:OKI
|
$885.98 Million |
|
Beijing Gehua CATV Network Co Ltd
SHG:600037
|
$885.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winnebago Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,273,300,000 to 1,224,700,000, a change of -48,600,000 (-3.8%).
- Net income of 25,700,000 contributed positively to equity growth.
- Dividend payments of 38,900,000 reduced retained earnings.
- Share repurchases of 53,700,000 reduced equity.
- Other factors increased equity by 18,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $25.70 Million | +2.1% |
| Dividends Paid | $38.90 Million | -3.18% |
| Share Repurchases | $53.70 Million | -4.38% |
| Other Changes | $18.30 Million | +1.49% |
| Total Change | $- | -3.82% |
Book Value vs Market Value Analysis
This analysis compares Winnebago Industries Inc'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
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 12.21x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-08-31 | $2.68 | $32.70 | x |
| 1986-08-31 | $2.96 | $32.70 | x |
| 1987-08-31 | $3.06 | $32.70 | x |
| 1988-08-31 | $2.95 | $32.70 | x |
| 1989-08-31 | $2.65 | $32.70 | x |
| 1990-08-31 | $2.25 | $32.70 | x |
| 1991-08-31 | $1.66 | $32.70 | x |
| 1992-08-31 | $1.43 | $32.70 | x |
| 1993-08-31 | $1.63 | $32.70 | x |
| 1994-08-31 | $1.59 | $32.70 | x |
| 1995-08-31 | $1.99 | $32.70 | x |
| 1996-08-31 | $2.08 | $32.70 | x |
| 1997-08-31 | $2.44 | $32.70 | x |
| 1998-08-31 | $2.39 | $32.70 | x |
| 1999-08-31 | $3.31 | $32.70 | x |
| 2000-08-31 | $3.97 | $32.70 | x |
| 2001-08-31 | $4.93 | $32.70 | x |
| 2002-08-31 | $4.41 | $32.70 | x |
| 2003-08-31 | $5.60 | $32.70 | x |
| 2004-08-31 | $5.80 | $32.70 | x |
| 2005-08-31 | $6.98 | $32.70 | x |
| 2006-08-31 | $6.71 | $32.70 | x |
| 2007-08-31 | $6.63 | $32.70 | x |
| 2008-08-31 | $5.97 | $32.70 | x |
| 2009-08-31 | $3.18 | $32.70 | x |
| 2010-08-31 | $3.35 | $32.70 | x |
| 2011-08-31 | $3.73 | $32.70 | x |
| 2012-08-31 | $4.95 | $32.70 | x |
| 2013-08-31 | $6.09 | $32.70 | x |
| 2014-08-31 | $7.00 | $32.70 | x |
| 2015-08-31 | $8.17 | $32.70 | x |
| 2016-08-31 | $9.93 | $32.70 | x |
| 2017-08-31 | $14.36 | $32.70 | x |
| 2018-08-31 | $16.80 | $32.70 | x |
| 2019-08-31 | $19.93 | $32.70 | x |
| 2020-08-31 | $24.73 | $32.70 | x |
| 2021-08-31 | $31.04 | $32.70 | x |
| 2022-08-31 | $38.29 | $32.70 | x |
| 2023-08-31 | $38.65 | $32.70 | x |
| 2024-08-31 | $43.16 | $32.70 | x |
| 2025-08-31 | $43.28 | $32.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winnebago Industries Inc 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): 2.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.92%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.85x
- Recent ROE (2.10%) is below the historical average (11.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 13.26% | 4.27% | 2.09x | 1.48x | $4.45 Million |
| 1986 | 13.00% | 5.27% | 1.59x | 1.55x | $4.55 Million |
| 1987 | 12.75% | 4.92% | 1.76x | 1.47x | $4.31 Million |
| 1988 | 1.86% | 0.64% | 1.79x | 1.63x | $-11.80 Million |
| 1989 | -3.59% | -1.07% | 1.53x | 2.19x | $-17.80 Million |
| 1990 | -16.01% | -5.31% | 1.69x | 1.79x | $-28.92 Million |
| 1991 | -35.59% | -13.21% | 1.65x | 1.64x | $-37.66 Million |
| 1992 | -14.70% | -3.59% | 2.11x | 1.94x | $-17.81 Million |
| 1993 | 11.38% | 2.42% | 2.44x | 1.92x | $1.13 Million |
| 1994 | -3.76% | -0.66% | 2.46x | 2.31x | $-10.97 Million |
| 1995 | 27.69% | 5.74% | 2.29x | 2.11x | $17.76 Million |
| 1996 | 11.78% | 2.56% | 2.20x | 2.09x | $1.87 Million |
| 1997 | 18.64% | 5.29% | 2.05x | 1.72x | $10.71 Million |
| 1998 | 20.94% | 4.65% | 2.28x | 1.98x | $12.75 Million |
| 1999 | 29.65% | 6.63% | 2.34x | 1.91x | $29.36 Million |
| 2000 | 27.67% | 6.51% | 2.41x | 1.76x | $30.91 Million |
| 2001 | 20.58% | 6.26% | 1.99x | 1.65x | $21.96 Million |
| 2002 | 30.40% | 6.60% | 2.46x | 1.87x | $36.69 Million |
| 2003 | 23.68% | 5.90% | 2.24x | 1.79x | $28.82 Million |
| 2004 | 34.99% | 6.34% | 2.82x | 1.95x | $50.45 Million |
| 2005 | 27.59% | 6.56% | 2.40x | 1.75x | $41.48 Million |
| 2006 | 20.49% | 5.18% | 2.25x | 1.76x | $22.91 Million |
| 2007 | 19.95% | 4.78% | 2.37x | 1.76x | $20.73 Million |
| 2008 | 1.60% | 0.46% | 1.98x | 1.76x | $-14.61 Million |
| 2009 | -85.31% | -37.24% | 0.96x | 2.39x | $-88.00 Million |
| 2010 | 10.51% | 2.28% | 1.98x | 2.33x | $494.30K |
| 2011 | 10.89% | 2.39% | 2.07x | 2.21x | $970.00K |
| 2012 | 31.08% | 7.73% | 2.03x | 1.98x | $30.50 Million |
| 2013 | 6.22% | 4.96% | 0.69x | 1.81x | $-6.46 Million |
| 2014 | 23.37% | 4.77% | 2.64x | 1.86x | $25.78 Million |
| 2015 | 18.65% | 4.22% | 2.70x | 1.64x | $19.11 Million |
| 2016 | 16.95% | 4.67% | 2.50x | 1.46x | $18.66 Million |
| 2017 | 16.15% | 4.61% | 1.71x | 2.04x | $27.16 Million |
| 2018 | 19.15% | 5.08% | 1.92x | 1.97x | $48.91 Million |
| 2019 | 17.68% | 5.63% | 1.80x | 1.75x | $48.58 Million |
| 2020 | 7.43% | 2.61% | 1.34x | 2.12x | $-21.30 Million |
| 2021 | 26.67% | 7.77% | 1.76x | 1.95x | $176.21 Million |
| 2022 | 30.93% | 7.88% | 2.00x | 1.97x | $264.30 Million |
| 2023 | 15.78% | 6.19% | 1.39x | 1.84x | $79.09 Million |
| 2024 | 1.02% | 0.44% | 1.25x | 1.87x | $-114.33 Million |
| 2025 | 2.10% | 0.92% | 1.24x | 1.85x | $-96.77 Million |
Industry Comparison
This section compares Winnebago Industries Inc's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $132,606,330
- Average return on equity (ROE) among peers: -14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winnebago Industries Inc (WGO) | $1.23 Billion | 13.26% | 0.72x | $886.45 Million |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.57 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $268.43K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |