Wabash National (STU:WA9) ROE %: -52.89% (As of Mar. 2026)


STU:WA9 Wabash National Corp STU:WA9
56 GF Score
Price €10.80
GF Value €11.95
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Wabash National ROE %?

Wabash National STU:WA9 56 ROE % is -52.89% as of Mar. 2026. GuruFocus rates STU:WA9 with a GF Score™ of 56/100 and a GF Value™ of €11.95 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 203 Farm & Heavy Construction Machinery companies, Wabash National ranks worse than 91.13% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wabash National's annualized net income for the quarter that ended in Mar. 2026 was €-156 Mil. Wabash National's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €296 Mil. Therefore, Wabash National's annualized ROE % for the quarter that ended in Mar. 2026 was -52.89%.

The historical rank and industry rank for Wabash National's ROE % or its related term are showing as below:

STU:WA9' s ROE % Range Over the Past 10 Years
Min: -76.95   Med: 20.4   Max: 76.04
Current: -17.12

During the past 13 years, Wabash National's highest ROE % was 76.04%. The lowest was -76.95%. And the median was 20.40%.

STU:WA9's ROE % is ranked worse than
91.13% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.47 vs STU:WA9: -17.12

Wabash National  (STU:WA9) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-156.292/295.5275
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-156.292 / 1049.172)*(1049.172 / 1031.6925)*(1031.6925 / 295.5275)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.9 %*1.0169*3.491
=ROA %*Equity Multiplier
=-15.15 %*3.491
=-52.89 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-156.292/295.5275
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-156.292 / -201.564) * (-201.564 / -183.6) * (-183.6 / 1049.172) * (1049.172 / 1031.6925) * (1031.6925 / 295.5275)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7754 * 1.0978 * -17.5 % * 1.0169 * 3.491
=-52.89 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Wabash National ROE % Related Terms


Wabash National ROE % Historical Data

* Premium members only.

The historical data trend for Wabash National's ROE % 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.

Wabash National ROE % Chart

Wabash National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 31.95 48.24 -79.30 73.10

Wabash National Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 308.54 -9.40 39.51 -51.13 -52.89

STU:WA9 vs TWI, MTW, HY: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, Wabash National's ROE %, along with its competitors' market caps and ROE % 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.


Wabash National ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's ROE % distribution charts can be found below:

* The bar in red indicates where Wabash National's ROE % falls into.


STU:WA9
56GF Score
Wabash National Corp STU:WA9
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wabash National ROE % Calculation

Wabash National's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=180.579/( (180.333+313.724)/ 2 )
=180.579/247.0285
=73.10 %

Wabash National's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-156.292/( (313.724+277.331)/ 2 )
=-156.292/295.5275
=-52.89 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -52.89% mean?
Wabash National (STU:WA9) has a ROE % of -52.89% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Wabash National and its competitors. According to the industry distribution chart, Wabash National ranks #185 out of 203 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 91.1%.
Is Wabash National's ROE % too high?
Wabash National's current ROE % is -52.89%. Based on the distribution chart, Wabash National ranks #185 out of 203 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Wabash National has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wabash National's ROE % compare to TWI and MTW?
According to the Farm & Heavy Construction Machinery industry distribution chart, Wabash National ranks #185 out of 203 companies for ROE %. This places Wabash National in the lower half of its industry. The industry median ROE % is 7.47. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.47, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Wabash National and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wabash National's current ROE % is -52.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wabash National stock overvalued right now?
Based on GuruFocus' analysis, Wabash National (STU:WA9) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.95, compared to a current price of €10.80 — trading 9.6% below its estimated fair value. The current ROE % is -52.89%. Wabash National's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Wabash National (STU:WA9), the current ROE % is -52.89% 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 Wabash National (STU:WA9) Overvalued in 2026?

Based on GuruFocus' analysis, Wabash National stock appears to be undervalued. The current stock price of €10.80 is trading 9.6% below its estimated GF Value™ of €11.95. GuruFocus considers Wabash National to be Modestly Undervalued.

Key valuation signals for STU:WA9:

  • ROE %: -52.89%
  • GF Value™: €11.95 vs. price of €10.80 (9.6% below fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the STU:WA9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wabash National Business Description

Other Exchanges WNC:USA0LSO:UK
Address 3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics, and distribution industries. The Company manages its business in two operating and reportable segments: Transportation Solutions and Parts & Services. It designs and manufactures products including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.
56GF Score

Get the complete analysis for STU:WA9

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

€10.80
Price
€11.95
GF Value