GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Winnebago Industries Inc (STU:WI1) » Definitions » Gross Margin %

Winnebago Industries (STU:WI1) Gross Margin % : 13.07% (As of Aug. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Winnebago Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Winnebago Industries's Gross Profit for the three months ended in Aug. 2024 was €85 Mil. Winnebago Industries's Revenue for the three months ended in Aug. 2024 was €654 Mil. Therefore, Winnebago Industries's Gross Margin % for the quarter that ended in Aug. 2024 was 13.07%.


The historical rank and industry rank for Winnebago Industries's Gross Margin % or its related term are showing as below:

STU:WI1' s Gross Margin % Range Over the Past 10 Years
Min: 10.74   Med: 14.73   Max: 18.74
Current: 14.58


During the past 13 years, the highest Gross Margin % of Winnebago Industries was 18.74%. The lowest was 10.74%. And the median was 14.73%.

STU:WI1's Gross Margin % is ranked worse than
69.74% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 20.04 vs STU:WI1: 14.58

Winnebago Industries had a gross margin of 13.07% for the quarter that ended in Aug. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Winnebago Industries was 1.30% per year.


Winnebago Industries Gross Margin % Historical Data

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.

* Premium members only.

Winnebago Industries Gross Margin % Chart

Winnebago Industries Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.28 17.92 18.74 16.79 14.58

Winnebago Industries Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.54 15.18 14.97 15.04 13.07

Competitive Comparison of Winnebago Industries's Gross Margin %

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's Gross Margin % Distribution in the 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.



Winnebago Industries Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Winnebago Industries's Gross Margin for the fiscal year that ended in Aug. 2024 is calculated as

Gross Margin % (A: Aug. 2024 )=Gross Profit (A: Aug. 2024 ) / Revenue (A: Aug. 2024 )
=393.2 / 2696.965
=(Revenue - Cost of Goods Sold) / Revenue
=(2696.965 - 2303.78) / 2696.965
=14.58 %

Winnebago Industries's Gross Margin for the quarter that ended in Aug. 2024 is calculated as


Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=85.4 / 653.856
=(Revenue - Cost of Goods Sold) / Revenue
=(653.856 - 568.417) / 653.856
=13.07 %

* 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  (STU:WI1) 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

Winnebago Industries had a gross margin of 13.07% for the quarter that ended in Aug. 2024 => 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

Thank you for viewing the detailed overview of Winnebago Industries's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Winnebago Industries Business Description

Traded in Other Exchanges
Address
13200 Pioneer Trail, Eden Prairie, MN, USA, 55347
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 nearly $3 billion in fiscal 2024. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 83% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 38,796 in fiscal 2024. 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.

Winnebago Industries Headlines

No Headlines