LVWR vs WGO vs PII Stock Comparison

LiveWire, Winnebago Industries and Polaris Prices as of Oct 29, 2026 Peers: Industry group
LVWR LiveWire Group, Inc.
$0.90 -44.4% 1M -83.7% 1Y
Market cap
$141.50M
P/E
–
Revenue (TTM)
$33.45M
Div. yield
–
Recreational Vehicles Consumer Discretionary
1 win
WGO Winnebago Industries Inc
$30.22 +13.3% 1M -18.9% 1Y
Market cap
$861.65M
P/E
25.0x
Revenue (TTM)
$2.70B
Div. yield
0.05%
Recreational Vehicles Consumer Discretionary
4 wins
PII Polaris Inc.
$60.26 +14.7% 1M -10.9% 1Y
Market cap
$3.40B
P/E
–
Revenue (TTM)
—
Div. yield
0.05%
Recreational Vehicles Consumer Discretionary
3 wins

Head to Head

8 decided of 12

Winnebago Industries leads on 4 of the 12 questions below (Winnebago Industries 4, Polaris 3, LiveWire 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLVWRWGOPIILeader
Larger companyMarket capitalisation $141.50M $861.65M $3.40B PII
Cheaper on earningsLower P/E, profitable companies only -1.9x 25.0x -16.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 14.2x 18.6x WGO
Faster revenue growthRevenue growth, trailing twelve months +33.4% -3.4% — LVWR
More profitableNet margin, trailing twelve months — 1.3% — –
Better return on capitalReturn on invested capital — 3.1% — –
Less leveragedLower net debt / EBITDA — 2.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.05% 0.05% WGO
Better 1-year returnPrice return, last 12 months -83.7% -18.9% -10.9% PII
Better 5-year returnAnnualised price return, 5 years -38.0%/yr -14.9%/yr -12.1%/yr PII
Less volatileAnnualised volatility, 1 year 162.3% 45.2% 47.0% WGO
Higher overall scoreMean of the five percentile scores vs peers 33/100 70/100 32/100 WGO

Percentile Scorecard

LVWRWGOPII

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLVWRWGOPII
Valuation 4 #48 of 50 96 #3 of 50 39 #31 of 50
Growth 88 #7 of 49 29 #35 of 49 13 #43 of 49
Profitability 9 #42 of 46 64 #17 of 46 –
Financial Health 32 #35 of 51 86 #8 of 51 14 #44 of 51
Shareholder Returns – 75 #8 of 29 61 #12 of 29
Overall 33 70 32
  • LVWR ranked among 56 companies in Automobiles and Components
  • WGO ranked among 56 companies in Automobiles and Components
  • PII ranked among 56 companies in Automobiles and Components

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLVWRWGOPIISPY
1 month -44.4%+13.3%+14.7% +0.7%
3 months -57.9%-1.0%-11.7% +3.7%
6 months -50.5%-7.3%-9.1% +7.1%
Year to date -79.6%-25.4%-4.7% +12.8%
1 year -83.7%-18.9%-10.9% +11.9%
3 years -91.3%-47.5%-28.7% +85.2%
3 years, per year -55.7%-19.3%-10.7% +22.8%
5 years -90.8%-55.4%-47.6% +67.6%
5 years, per year -38.0%-14.9%-12.1% +10.9%
10 years —+7.4%-19.9% +262.0%
10 years, per year —+0.7%-2.2% +13.7%

Risk

MeasureLVWRWGOPIISPY
Volatility, 1Y 162.3%45.2%47.0% 12.7%
Downside volatility, 1Y 147.5%41.8%48.2% 12.6%
Beta vs S&P 500, 1Y 1.130.761.26 1.00
Return / volatility, 1Y -0.52-0.42-0.23 0.94
Max drawdown, 5Y -94.7%-70.7%-76.7% -25.4%
From 52-week high -83.7%-39.4%-19.6% -1.2%
52-week high $5.53$49.85$74.93 $779.14
52-week low $0.65$22.68$47.88 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLVWRWGOPII
P/E now vs peer median -2.5xmedian 21.7x 24.7xmedian 21.7x -16.9xmedian 21.7x
P/S now vs peer median 5.5xmedian 0.5x 0.3xmedian 0.5x —median 0.5x
EV/EBITDA now vs peer median —median 8.7x 8.7xmedian 8.7x —median 8.7x
P/FCF now vs peer median -6.5xmedian 9.4x 5.9xmedian 9.4x 12.9xmedian 9.4x
P/B now vs peer median -33.5xmedian 1.0x 0.7xmedian 1.0x 4.0xmedian 1.0x
PEG now vs peer median -0.25median 1.36 -0.59median 1.36 0.51median 1.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLVWRWGOPII
Revenue $33.45M $2.70B –
Gross profit – $350.20M –
Operating income -$70.94M $66.20M –
Net income -$72.58M $34.50M -$205.80M
Free cash flow – $144.60M $265.50M
EPS (diluted) $-0.35 $1.21 $-3.51
Cash & equivalents $39.92M $181.40M $301.70M
Total debt – $443.30M $1.63B
Shares (diluted) 205.04M 28.40M 58.50M
Enterprise value $141.50M $394.05M $2.37B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLVWRWGOPII
P/E -2.5x 24.7x -16.9x
P/FCF -6.5x 5.9x 12.9x
P/Operating cash flow -4.0x 5.1x 7.3x
P/S 5.5x 0.3x –
P/B -33.5x 0.7x 4.0x
P/Tangible book -19.8x 1.1x 4.0x
EV/EBITDA – 8.7x –
EV/EBIT – 16.9x –
EV/Revenue 5.5x 0.4x –
EV/FCF – 7.8x 17.9x
EV/Operating cash flow -4.0x 6.6x 10.1x
PEG (3Y EPS CAGR) -0.25 -0.59 0.51

Growth

14 metrics
MetricLVWRWGOPII
Revenue growth (1Y) 33.4% -3.4% –
Revenue CAGR (3Y) 1.3% -8.2% –
Gross profit growth (1Y) – -4.1% –
Gross profit CAGR (3Y) – -15.8% –
Operating income growth (1Y) 14.5% 15.7% –
Operating income CAGR (3Y) 13.9% -39.6% –
Net income growth (1Y) 9.6% 34.2% -36.2%
Net income CAGR (3Y) 9.8% -45.7% -32.9%
EPS growth (1Y) 10.1% 33.8% -32.2%
EPS CAGR (3Y) 10.2% -41.6% -32.8%
Operating cash flow growth (1Y) 31.5% 30.9% -38.8%
Operating cash flow CAGR (3Y) 17.2% -16.9% -15.2%
Free cash flow growth (1Y) – 61.6% -54.3%
Free cash flow CAGR (3Y) – -11.9% -8.5%

Profitability

14 metrics
MetricLVWRWGOPII
Gross margin – 13.0% –
EBITDA margin – 4.8% –
Operating margin – 2.4% –
Pretax margin – 1.6% –
Net margin – 1.3% –
FCF margin – 5.3% –
Operating cash flow margin -138.2% 6.2% –
Return on equity – 2.8% -24.3%
Return on assets – 1.7% -4.0%
Return on invested capital – 3.1% –
Return on capital employed – 3.9% –
Asset turnover 0.3x 1.3x –
Cash conversion (OCF / net income) 0.6x 4.9x -2.3x
Stock comp / revenue 14.8% 0.6% –

Financial Health

11 metrics
MetricLVWRWGOPII
Debt / assets – 21.1% 32.2%
Debt / equity – 0.4x 1.9x
Net debt / EBITDA – 2.0x –
Debt / FCF – 3.1x 6.1x
Liabilities / assets 105.3% 41.2% 83.2%
Equity / assets -5.3% 58.8% 16.8%
Interest coverage – 3.2x –
Current ratio 3.1x 2.2x 1.1x
Quick ratio – 0.9x 0.3x
Cash ratio – 0.5x 0.1x
Altman Z-score – 3.36 –

Shareholder Returns

7 metrics
MetricLVWRWGOPII
Dividend yield – 4.7% 4.5%
Net buyback yield – 0.2% 0.1%
Shareholder yield 0.0% 4.9% 4.6%
Payout ratio (earnings) – 115.7% -74.6%
Payout ratio (FCF) – 27.6% 57.9%
Dividend growth (1Y) – 2.6% 2.4%
Dividend CAGR (3Y) – 6.3% 1.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLVWRWGOPII
Forward P/E – 14.2xFY2027 18.6xFY2026
EPS, next fiscal year $-0.26FY2026 $2.13FY2027 $3.24FY2026
EPS growth, next FY – +19.0%FY2027 –
EPS growth, the year after – +14.6% +9.3%
Revenue, next fiscal year $192.71MFY2026 $2.80BFY2027 $7.61BFY2026
Revenue growth, next FY +650.7%FY2026 +3.7%FY2027 +6.4%FY2026
Revenue growth, the year after +277.5% +5.1% +4.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLVWRWGOPII
Held by institutions 2.0% 100.0% 89.0%
Institutions holding 62 245 478
Change in shares held, QoQ +4.1% +2.6% -6.9%
Institutions buying 32 125 258
Institutions selling 20 85 144
Buyers to sellers 1.60 1.47 1.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LVWRWGOPII
LVWR 1.00 0.07 0.13
WGO 0.07 1.00 0.52
PII 0.13 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LVWR, WGO and PII?

Polaris (PII) is the largest by market capitalisation: LiveWire (LVWR) $141.50M, Winnebago Industries (WGO) $861.65M, Polaris (PII) $3.40B.

Which company is growing faster?

LiveWire (LVWR) grew revenue fastest over the trailing twelve months: LiveWire (LVWR) +33.4%, Winnebago Industries (WGO) -3.4%.

Which stock has performed better?

Over the past year Polaris (PII) returned the most: LiveWire (LVWR) -83.7%, Winnebago Industries (WGO) -18.9%, Polaris (PII) -10.9%. Over five years, Polaris (PII) compounded fastest (LiveWire (LVWR) -38.0%/yr, Winnebago Industries (WGO) -14.9%/yr, Polaris (PII) -12.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Winnebago Industries (WGO) has the highest dividend yield: LiveWire (LVWR) 0.00%, Winnebago Industries (WGO) 0.05%, Polaris (PII) 0.05%. LiveWire (LVWR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Winnebago Industries (WGO) has been the steadiest (LiveWire (LVWR) 162.3%, Winnebago Industries (WGO) 45.2%, Polaris (PII) 47.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LVWR, WGO and PII?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Winnebago Industries (WGO) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.