Winnebago Industries (WGO) Operating Margin (2010 - 2026)
Winnebago Industries' (WGO) quarterly Operating Margin came in at 3.29% in Q2 2026, down 60.0% year-over-year from 8.23% in Q2 2025, and up 83.39% quarter-over-quarter from 1.79% in Q1 2026.
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Winnebago Industries (WGO) Operating Margin (2010 - 2026) Analysis & Trends
Winnebago Industries (WGO) has reported Operating Margin for 17 consecutive years, with 3.29% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 60.0% year-over-year to 3.29% in Q2 2026; TTM through May 2026 was 2.42%, a 172.0% increase from a year earlier, with the FY2025 full-year figure at 2.04%, down 133.0% from the prior year.
- Operating Margin was 3.29% for Q2 2026 at Winnebago Industries, up from 1.79% in the prior quarter.
- Over five years, Operating Margin peaked at 12.12% in Q2 2022 and troughed at 2.47% in Q3 2024.
- A 5-year average of 5.36% and a median of 5.08% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin sank 993 bps in 2024 and soared 506 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 9.02% in 2022, then sank by 43 bps to 5.12% in 2023, then sank by 103 bps to 0.14% in 2024, then jumped by 1465 bps to 1.96% in 2025, then soared by 68 bps to 3.29% in 2026.
- The last three Operating Margin figures came in at 3.29% (Q2 2026), 1.79% (Q1 2026), and 1.96% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.80 Bn | 3.42 Bn | 354.77 Mn | 4.45% |
| 2 | Polaris | 3.44 Bn | 3.14 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 910.88 Mn | 421.12 Mn | 6.18% |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 8.31% |
| 5 | Winnebago Industries | 819.43 Mn | 762.33 Mn | 94.90 Mn | 3.29% |
| 6 | Malibu Boats | 500.77 Mn | 426.35 Mn | 52.19 Mn | 3.16% |
| 7 | MasterCraft Boat Holdings | 369.84 Mn | 285.22 Mn | 19.54 Mn | -1.66% |
| 8 | Niu Technologies | 164.11 Mn | -31.02 Mn | 33.95 Mn | -7.64% |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | 11.14% |
| 10 | Gogoro | 39.10 Mn | -29.74 Mn | 15.96 Mn | -4.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 30, 2026 | 3.29% |
| Feb 28, 2026 | 1.79% |
| Nov 29, 2025 | 1.96% |
| Aug 30, 2025 | 2.59% |
| May 31, 2025 | 3.90% |
| Mar 1, 2025 | 1.26% |
| Nov 30, 2024 | -0.14% |
| Aug 31, 2024 | -2.47% |
| May 25, 2024 | 5.53% |
| Feb 24, 2024 | 5.03% |
| Nov 25, 2023 | 5.12% |
| Aug 26, 2023 | 7.46% |
| May 27, 2023 | 8.94% |
| Feb 25, 2023 | 8.86% |
| Nov 26, 2022 | 9.02% |
| Aug 27, 2022 | 10.49% |
| May 28, 2022 | 12.12% |
| Feb 26, 2022 | 11.75% |
| Nov 27, 2021 | 12.67% |
| Aug 28, 2021 | 11.58% |