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Wolverine World Wide, Inc. WWW R2K

Consumer Cyclical · Footwear & Accessories · United States
https://www.wolverineworldwide.com

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through two segments: Active Group and Work Group. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. It sources and markets a range of footwear and apparel styles, such as shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Keds, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. The company markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio and other brands. It sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. The company was founded in 1883 and is headquartered in Rockford, Michigan.

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$17.55
+5.04% 1Y

Market & Price

Market Cap
$1.44B
Current Price
$17.55
High / Low (52W)
$31.91 / $14.48
Beta
1.76

Valuation

Stock P/E
14.27
Industry PE
22.37
Forward P/E
9.99
PEG Ratio
2.36
Book Value
$5.03
Price to Book
3.49
P/S
0.75
EV/EBITDA
11.14
Dividend Yield
2.28%

Profitability & Returns

ROCE
12.99%
ROE
29.24%
ROA
6.22%
Profit Margin
5.41%
Op Margin
7.43%
EPS (Latest Qtr)
$0.24
EPS (TTM)
$1.23

Balance Sheet & Liquidity

Debt/Equity
1.81
Quick Ratio
0.70
Current Ratio
1.53
Debt
$785.10M
Total Assets
$1.71B
Current Assets
$729.40M
Working Capital
$208.30M

Ownership

Promoter Holding
1.41%
Chg in Prom Hold
-
FII / Inst Holding
108.12%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$2.12B
Total Revenue (TTM)
$1.92B
EBITDA
$190.50M
Free Cash Flow
$97.58M
Operating Cash Flow
$140.60M
Shares Outstanding
81.99M
Gross Margin
47.32%
Payout Ratio
32.52%

Growth (CAGR)

Revenue 5Y
-11.29%
Profit 5Y
50.29%
Revenue (YoY)
11.00%
Earnings (YoY)
64.10%

PROS

  • Strong return on equity of 29.2%.
  • Profit CAGR of 50.3% over 5 years.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -11.3% CAGR over 5 years.
  • Trading 45.0% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 WWW Wolverine World Wide, Inc. R2K 17.55 14.27 $1.44B 2.28% 12.99% 29.24% -11.29% 50.29%
2 AMZN Amazon.com, Inc. NDXSPXAI 270.64 31.65 $2.91T - 16.60% 24.29% 11.73% 984.47%
3 TSLA Tesla, Inc. NDXSPXAI 435.79 399.81 $1.64T - 5.29% 4.90% 5.19% -32.94%
4 HD The Home Depot, Inc. SPX 317.14 22.52 $316.23B 2.94% 28.92% 128.38% 1.52% -6.11%
5 MCD McDonald's Corporation SPX 279.20 23.04 $198.37B 2.66% 22.63% - 5.06% 11.50%
6 TJX The TJX Companies, Inc. SPX 154.75 30.11 $171.12B 1.24% 32.91% 61.25% 6.53% 16.24%
7 BKNG Booking Holdings Inc. NDXSPX 167.43 22.09 $129.74B 0.96% 67.24% - 16.35% 20.90%
8 LOW Lowe's Companies, Inc. SPX 214.36 18.12 $120.26B 2.24% 29.62% - -3.85% 1.11%
9 PDD PDD Holdings Inc. NDX 84.44 8.87 $120.19B - 28.69% 25.40% 49.00% 45.85%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Apr 2017Jul 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Jan 2021Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Apr 2026
Revenue -----591.30M598.80M581.30M578.60M534.10M566.90M558.60M579.60M523.40M568.60M574.30M607.40M439.30M349.10M493.10M509.60M510.70M631.90M636.70M614.80M713.60M691.40M599.40M589.10M527.70M394.90M425.20M--412.30M474.20M470.30M517.50M457.60M457.60M
Cost of Revenue ----------------------------------216.20M250.20M247.10M274.10M239.80M-
Gross Profit 246.40M271.70M228.80M226.60M237.30M234.70M226.90M230.70M222.10M227.90M234.20M232.10M227.10M220.20M230.40M243.30M229.90M181.80M147.20M202.00M204.60M222.30M270.40M274.80M261.30M307.10M277.80M236.30M227.80M215.40M181.40M183.20M--196.10M224.00M223.20M243.40M217.80M217.80M
Operating Expenses ----------------------------------175.10M183.30M183.60M194.50M183.90M-
Operating Income 47.60M75.90M34.00M41.80M69.00M34.50M31.20M37.20M-61.50M68.10M68.40M-52.40M55.50M68.30M-16.90M7.50M42.60M-58.10M63.80M42.50M19.60M167.90M58.80M45.30M46.10M27.30M-3.10M29.10M--21.00M40.70M39.60M48.90M33.90M33.90M
EBITDA ----------------------------------28.60M48.50M49.00M54.10M39.30M-
Interest Expense ----------------------------------8.00M8.50M8.10M8.20M6.50M-
Pretax Income ----------------------------------14.50M33.60M33.10M40.30M27.60M-
Tax Provision ----------------------------------1.30M4.60M6.80M7.80M5.20M-
Net Income 25.30M45.80M17.40M24.00M48.20M16.70M20.70M23.20M-60.30M46.70M55.30M58.80M39.30M40.50M40.20M48.70M-900.00K13.00M-1.60M22.40M-170.70M38.50M44.70M09.70M124.60M39.00M19.00M24.00M8.60M-14.90M13.80M--12.10M26.80M25.10M31.80M20.20M20.20M
Diluted EPS 0.240.440.180.240.490.170.210.24-0.650.480.570.600.390.430.450.57-0.010.16-0.020.27-2.100.450.530.000.121.530.480.230.300.11-0.190.17--0.150.320.300.380.240.24

Profit & Loss (Annual)

Figures in USD.

Metric Jan 2009Jan 2010Jan 2011Dec 2011Dec 2012Dec 2013Jan 2015Jan 2016Dec 2016Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Dec 2023Dec 2024Dec 2025Jan 2026
Revenue --------2.49B2.35B2.24B2.27B1.79B-2.41B2.68B2.24B1.75B1.87B1.87B
Cost of Revenue ---------------1.61B1.37B977.00M987.60M-
Gross Profit 486.02M431.72M492.57M556.80M628.20M1.06B1.09B1.05B959.90M914.40M921.30M923.80M735.60M-1.03B1.07B873.90M778.00M886.70M886.70M
Operating Expenses ---------------940.10M845.80M679.70M736.50M-
Operating Income 140.84M85.62M142.25M170.20M113.70M192.30M229.90M201.10M163.80M31.60M251.90M171.00M-137.10M-155.70M130.30M28.10M98.30M150.20M150.20M
EBITDA ----------------171.00M-34.20M127.00M180.20M-
Interest Expense ---------------47.30M63.50M42.70M32.80M-
Pretax Income ----------------252.90M-132.80M58.10M121.50M-
Tax Provision ----------------63.80M-94.70M9.30M20.50M-
Net Income 95.82M61.91M104.47M123.30M80.70M100.40M133.10M122.80M87.70M300.00K200.10M128.50M-136.90M-68.60M-188.30M-38.50M45.20M95.80M95.80M
Diluted EPS 1.901.242.111.240.810.991.301.200.890.002.051.44-1.70-0.81-2.39-0.510.581.141.14

Compounded Sales Growth

5 Years:-11.29%
1 Year:11.00%

Compounded Profit Growth

5 Years:50.29%
1 Year:64.10%

Stock Price Performance

1 Year:+5.04%
6 Months:+10.56%
3 Months:-0.07%
1 Month:+3.78%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Jan 2009Jan 2010Jan 2011Dec 2011Dec 2012Dec 2013Jan 2015Jan 2016Dec 2016Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Dec 2023Dec 2024Dec 2025Jan 2026
Total Assets --712.08M786.58M851.70M2.61B2.62B2.50B2.43B2.43B2.40B2.18B2.48B2.14B-2.59B2.49B2.06B1.67B1.71B1.71B
Current Assets ----------------1.27B1.03B695.70M729.40M-
Cash & Equivalents 76.09M89.50M160.44M150.40M140.00M171.40M214.20M223.80M194.10M369.80M481.00M143.10M180.60M347.40M-161.70M131.50M179.00M152.10M206.30M-
Inventory ----------------745.20M373.60M247.80M274.20M-
Receivables ----------------241.70M230.80M209.40M162.10M-
Total Liabilities ----------------2.15B1.76B1.35B1.29B-
Current Liabilities --128.60M141.16M148.68M319.30M329.30M340.70M353.30M333.70M362.30M473.10M787.40M406.00M-759.60M1.11B869.40M533.10M521.10M521.10M
Long Term Debt --1.08M517.00K-1.22B1.10B854.10M792.90M780.30M744.60M438.00M425.90M712.50M-731.80M723.00M605.80M568.00M546.70M546.70M
Total Debt ----------------1.35B1.09B797.70M762.00M-
Total Equity -429.92M482.03M543.90M578.65M642.40M837.60M933.50M963.70M966.50M949.60M986.00M766.70M561.40M-629.60M320.60M278.60M312.90M408.00M408.00M
Shares Outstanding ----------------112.20M112.95M113.72M115.47M-

Cash Flows (Annual)

Figures in USD.

Metric Jan 2009Jan 2010Jan 2011Dec 2011Dec 2012Dec 2013Jan 2015Jan 2016Dec 2016Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Dec 2023Dec 2024Dec 2025Jan 2026
Operating Cash Flow 93.47M168.61M67.87M78.80M91.60M202.30M314.60M215.50M296.30M202.70M97.50M222.60M309.10M-86.80M-178.90M121.80M180.10M140.00M140.00M
Investing Cash Flow -28.26M-22.30M-17.04M-22.60M-1.25B-44.70M-34.80M-50.00M-38.40M-1.00M-22.20M-61.50M6.10M--437.30M54.60M171.60M86.80M-13.90M-13.90M
Financing Cash Flow -39.46M-79.24M-59.15M-62.30M1.18B-112.80M-270.40M-187.30M-79.50M-98.00M-404.50M-124.60M-154.00M-169.30M107.10M-246.30M-299.20M-77.70M-77.70M
Capital Expenditure -24.13M-11.67M-16.37M-19.40M-14.90M-41.70M-30.00M-46.40M-55.30M-32.40M-21.70M-34.40M-10.30M--17.60M-36.50M-14.60M-20.20M-14.50M-14.50M
Free Cash Flow 69.34M156.94M51.50M59.40M76.70M160.60M284.60M169.10M241.00M170.30M75.80M188.20M298.80M-69.20M-215.40M107.20M159.90M125.50M125.50M
Net Change in Cash ----------------17.20M47.10M-32.30M48.40M-
Share Buybacks 76.13M6.57M52.19M67.50M2.40M0092.60M52.70M51.50M174.70M319.20M21.00M-39.60M81.30M00-14.50M

Ratios (Annual)

Figures in %.

Metric Jan 2009Jan 2010Jan 2011Dec 2011Dec 2012Dec 2013Jan 2015Jan 2016Dec 2016Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Dec 2023Dec 2024Dec 2025Jan 2026
Gross Margin % --------38.5%38.9%41.1%40.6%41.1%-42.6%39.9%39.0%44.3%47.3%47.3%
Operating Margin % --------6.6%1.3%11.2%7.5%-7.7%-6.4%4.9%1.3%5.6%8.0%8.0%
Net Margin % --------3.5%0.0%8.9%5.7%-7.6%-2.8%-7.0%-1.7%2.6%5.1%5.1%
ROE % 22.3%12.8%19.2%21.3%12.6%12.0%14.3%12.7%9.1%0.0%20.3%16.8%-24.4%-10.9%-58.7%-13.8%14.4%23.5%23.5%
ROCE % -14.7%22.0%24.2%5.0%8.4%10.6%9.7%7.8%1.6%14.7%10.1%-7.9%-8.5%9.4%2.4%8.6%12.6%12.6%

Shareholding Pattern

Insiders
1.41%
Institutions
108.12%
Public Float
109.67%

Top Institutional Holders

#Holder% HeldSharesValue
1 FMR, LLC 14.88% 12.20M $214.06M
2 Blackrock Inc. 14.84% 12.17M $213.52M
3 Vanguard Portfolio Management LLC 5.88% 4.82M $84.55M
4 Callodine Capital Management, LP 5.49% 4.51M $79.07M
5 Wellington Management Group, LLP 5.34% 4.38M $76.90M
6 Vanguard Capital Management LLC 4.36% 3.58M $62.75M
7 Earnest Partners LLC 4.29% 3.52M $61.79M
8 State Street Corporation 3.77% 3.09M $54.18M
9 Geode Capital Management, LLC 2.38% 1.95M $34.25M
10 Dimensional Fund Advisors LP 2.19% 1.80M $31.55M

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