Winnebago IndustriesFRA:WI1 -1.45%71 Gross Margin % is 13.58% as of May. 2026, which is 8% below its 10-year median of 14.73. GuruFocus rates FRA:WI1 with a GF Score™ of 71/100 and a GF Value™ of €42.88. The stock has 6 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Winnebago Industries ranks worse than 77.86% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Winnebago Industries had a gross margin of 13.58% for the quarter that ended in May. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Winnebago Industries Gross Margin % Related Terms
Winnebago Industries Gross Margin % Historical Data
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The historical data trend for Winnebago Industries's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:WI1 vs MCFT, MBUU, KNDI: Gross Margin % Comparison
For the Recreational Vehicles subindustry, Winnebago Industries's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Winnebago Industries Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Winnebago Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Winnebago Industries's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Winnebago Industries (FRA:WI1) has a Gross Margin % of 13.58% as of May. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Winnebago Industries and its competitors. This is near median its historical median of 14.73. Over the past decade, Winnebago Industries' Gross Margin % has ranged from 11.55 to 18.74. According to the industry distribution chart, Winnebago Industries ranks #1020 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 77.9%.
Is Winnebago Industries' Gross Margin % too high?
Winnebago Industries' current Gross Margin % of 13.58% is near median its 10-year median of 14.73. Over the past 10 years, this metric has ranged from a low of 11.55 to a high of 18.74. The Vehicles & Parts industry median Gross Margin % is 19.84. Winnebago Industries' value of 13.58% is 31.5% below this industry median. Based on the distribution chart, Winnebago Industries ranks #1020 out of 1310 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Winnebago Industries has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Winnebago Industries' Gross Margin % compare to MCFT and MBUU?
According to the Vehicles & Parts industry distribution chart, Winnebago Industries ranks #1020 out of 1310 companies for Gross Margin %. This places Winnebago Industries in the lower half of its industry. The industry median Gross Margin % is 19.84. Winnebago Industries' value of 13.58% is 31.5% below this benchmark. Historically, Winnebago Industries' own Gross Margin % has ranged from 11.55 to 18.74 over the past decade. While the company's 10-year median is 14.73 vs. the industry median of 19.84, Winnebago Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,310 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Winnebago Industries's current Gross Margin % of 13.58% is 31.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Winnebago Industries and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winnebago Industries's current Gross Margin % is 13.58%, which is near median its own 10-year median of 14.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winnebago Industries stock overvalued right now?
Winnebago Industries (FRA:WI1) has a current Gross Margin % of 13.58%. The stock's GF Value™ is €42.88, compared to a current price of €27.20 — trading 36.6% below its estimated fair value. The current Gross Margin % is 13.58%, which is near median its 10-year median of 14.73 and 31.5% below the Vehicles & Parts industry median of 19.84. Winnebago Industries' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Winnebago Industries (FRA:WI1), the current Gross Margin % is 13.58% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Winnebago Industries (FRA:WI1) Overvalued in 2026?
Based on GuruFocus' analysis, Winnebago Industries stock appears to be undervalued.
The current stock price of €27.20 is trading 36.6% below its estimated GF Value™ of €42.88.
Key valuation signals for FRA:WI1:
Gross Margin %: 13.58% (near median its 10-year median of 14.73)
GF Value™: €42.88 vs. price of €27.20 (36.6% below fair value)
Industry Position: 31.5% below the Vehicles & Parts median (#1020 of 1310)
No single metric tells the full story. See the FRA:WI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was $2.8 billion in fiscal 2025. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 84% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total fiscal 2025 RV unit volume was 36,911. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.
71GF Score
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