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Wolverine World WideFRA:WW4 -5.39%70 Gross Margin % is 47.60% as of Mar. 2026, which is 17% above its 10-year median of 40.85. GuruFocus rates FRA:WW4 with a GF Score™ of 70/100 and a GF Value™ of €12.87 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Wolverine World Wide ranks better than 74.44% on this metric.
The historical rank and industry rank for Wolverine World Wide's Gross Margin % or its related term are showing as below:
FRA:WW4'
s Gross Margin % Range Over the Past 10 Years
Min: 38.48 Med: 40.85 Max: 47.32
Current: 47.32
During the past 13 years, the highestGross Margin % of Wolverine World Wide was 47.32%. The lowest was 38.48%. And the median was 40.85%.
FRA:WW4's Gross Margin % is ranked better than 74.44% of 1025
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.34
vs FRA:WW4: 47.32
Wolverine World Wide had a gross margin of 47.60% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Wolverine World Wide was 2.30% per year.
Wolverine World Wide (FRA:WW4) Gross Margin % Explanation
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
Wolverine World Wide had a gross margin of 47.60% for the quarter that ended in Mar. 2026 => Durable 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.
Wolverine World Wide Gross Margin % Related Terms
Wolverine World Wide Gross Margin % Historical Data
* Premium members only.
The historical data trend for Wolverine World Wide'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:WW4 vs WEYS, DBI, RCKY: Gross Margin % Comparison
For the Footwear & Accessories subindustry, Wolverine World Wide'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.
Wolverine World Wide Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Wolverine World Wide'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.
Wolverine World Wide (FRA:WW4) has a Gross Margin % of 47.60% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wolverine World Wide and its competitors. This is 17% above median its historical median of 40.85. Over the past decade, Wolverine World Wide's Gross Margin % has ranged from 38.48 to 47.32. According to the industry distribution chart, Wolverine World Wide ranks #262 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.6%.
Is Wolverine World Wide's Gross Margin % too high?
Wolverine World Wide's current Gross Margin % of 47.60% is 17% above median its 10-year median of 40.85. Over the past 10 years, this metric has ranged from a low of 38.48 to a high of 47.32. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Wolverine World Wide's value of 47.60% is 68% above this industry median. Based on the distribution chart, Wolverine World Wide ranks #262 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Wolverine World Wide has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wolverine World Wide's Gross Margin % compare to WEYS and DBI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wolverine World Wide ranks #262 out of 1025 companies for Gross Margin %. This puts Wolverine World Wide in the upper half of its industry. The industry median Gross Margin % is 28.34. Wolverine World Wide's value of 47.60% is 68% above this benchmark. Historically, Wolverine World Wide's own Gross Margin % has ranged from 38.48 to 47.32 over the past decade. While the company's 10-year median is 40.85 vs. the industry median of 28.34, Wolverine World Wide has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,025 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. Wolverine World Wide's current Gross Margin % of 47.60% is 68% above 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 Wolverine World Wide and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wolverine World Wide's current Gross Margin % is 47.60%, which is 17% above median its own 10-year median of 40.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wolverine World Wide stock overvalued right now?
Based on GuruFocus' analysis, Wolverine World Wide (FRA:WW4) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.87, compared to a current price of €15.80 — trading 22.8% above its estimated fair value. The current Gross Margin % is 47.60%, which is 17% above median its 10-year median of 40.85 and 68% above the Manufacturing - Apparel & Accessories industry median of 28.34. Wolverine World Wide's overall GF Score™ is 70/100 with 3 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 Wolverine World Wide (FRA:WW4), the current Gross Margin % is 47.60% as of Mar. 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 Wolverine World Wide (FRA:WW4) Overvalued in 2026?
Based on GuruFocus' analysis, Wolverine World Wide stock appears to be overvalued.
The current stock price of €15.80 is trading 22.8% above its estimated GF Value™ of €12.87.
GuruFocus considers Wolverine World Wide to be Modestly Overvalued.
Key valuation signals for FRA:WW4:
Gross Margin %: 47.60% (17% above median its 10-year median of 40.85)
GF Value™: €12.87 vs. price of €15.80 (22.8% above fair value)
Industry Position: 68% above the Manufacturing - Apparel & Accessories median (#262 of 1025)
No single metric tells the full story. See the FRA:WW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; and Work Group. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. Geographically, the company operates in United States; Europe, Middle East and Africa; Asia Pacific; Canada; and Latin America.
70GF Score
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