Wolverine World Wide (FRA:WW4) Interest Coverage: 5.22 (As of Mar. 2026) — 19% Above Median

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FRA:WW4 Wolverine World Wide Inc FRA:WW4
70 GF Score
Price €15.80
GF Value €12.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Wolverine World Wide Interest Coverage?

Wolverine World Wide FRA:WW4 -5.39% 70 Interest Coverage is 5.22 as of Mar. 2026, which is 19% above its 10-year median of 4.37. 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 735 Manufacturing - Apparel & Accessories companies, Wolverine World Wide ranks worse than 50.48% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Wolverine World Wide's Operating Income for the three months ended in Mar. 2026 was €29 Mil. Wolverine World Wide's Interest Expense for the three months ended in Mar. 2026 was €-6 Mil. Wolverine World Wide's interest coverage for the quarter that ended in Mar. 2026 was 5.22. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Wolverine World Wide's Interest Coverage or its related term are showing as below:

FRA:WW4' s Interest Coverage Range Over the Past 10 Years
Min: 0.44   Med: 4.37   Max: 10.28
Current: 5.21


FRA:WW4's Interest Coverage is ranked worse than
50.48% of 735 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.3 vs FRA:WW4: 5.21

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Wolverine World Wide  (FRA:WW4) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Wolverine World Wide Interest Coverage Related Terms


Wolverine World Wide Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wolverine World Wide's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Wolverine World Wide Interest Coverage Chart

Wolverine World Wide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 2.75 0.44 2.30 4.58

Wolverine World Wide Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 2.63 4.79 4.89 5.96 5.22

FRA:WW4 vs WEYS, DBI, RCKY: Interest Coverage Comparison

For the Footwear & Accessories subindustry, Wolverine World Wide's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wolverine World Wide's Interest Coverage falls into.


FRA:WW4
70GF Score
Wolverine World Wide Inc FRA:WW4
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wolverine World Wide Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Wolverine World Wide's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Wolverine World Wide's Interest Expense was €-28 Mil. Its Operating Income was €128 Mil. And its Long-Term Debt & Capital Lease Obligation was €557 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*128.271/-28.011
=4.58

Wolverine World Wide's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Wolverine World Wide's Interest Expense was €-6 Mil. Its Operating Income was €29 Mil. And its Long-Term Debt & Capital Lease Obligation was €569 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*29.323/-5.622
=5.22

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 5.22 mean?
Wolverine World Wide (FRA:WW4) has a Interest Coverage of 5.22 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wolverine World Wide and its competitors. This is 19% above median its historical median of 4.37. Over the past decade, Wolverine World Wide's Interest Coverage has ranged from 0.44 to 10.28. According to the industry distribution chart, Wolverine World Wide ranks #371 out of 735 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50.5%.
Is Wolverine World Wide's Interest Coverage too high?
Wolverine World Wide's current Interest Coverage of 5.22 is 19% above median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 10.28. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.30. Wolverine World Wide's value of 5.22 is 1.5% below this industry median. Based on the distribution chart, Wolverine World Wide ranks #371 out of 735 companies in the Manufacturing - Apparel & Accessories industry, which is below 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 Interest Coverage compare to WEYS and DBI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wolverine World Wide ranks #371 out of 735 companies for Interest Coverage. This places Wolverine World Wide in the lower half of its industry. The industry median Interest Coverage is 5.30. Wolverine World Wide's value of 5.22 is 1.5% below this benchmark. Historically, Wolverine World Wide's own Interest Coverage has ranged from 0.44 to 10.28 over the past decade. While the company's 10-year median is 4.37 vs. the industry median of 5.30, Wolverine World Wide 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 Interest Coverage for a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.30, based on 735 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wolverine World Wide's current Interest Coverage of 5.22 is 1.5% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wolverine World Wide and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wolverine World Wide's current Interest Coverage is 5.22, which is 19% above median its own 10-year median of 4.37. 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 Interest Coverage is 5.22, which is 19% above median its 10-year median of 4.37 and 1.5% below the Manufacturing - Apparel & Accessories industry median of 5.30. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Wolverine World Wide (FRA:WW4), the current Interest Coverage is 5.22 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:

  • Interest Coverage: 5.22 (19% above median its 10-year median of 4.37)
  • GF Value™: €12.87 vs. price of €15.80 (22.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 1.5% below the Manufacturing - Apparel & Accessories median (#371 of 735)

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 Business Description

Other Exchanges WWW:USA
Address 9341 Courtland Drive North East, Rockford, MI, USA, 49351
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

Get the complete analysis for FRA:WW4

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.80
Price
€12.87
GF Value