Wabash National (WNC) Debt to Equity (2010 - 2026)

Wabash National (WNC) reported Debt to Equity of $1.55 for Q1 2026, up 50.32% on a YoY basis from $1.03 in Q1 2025, and up 28.86% quarter-over-quarter from $1.21 in Q4 2025.

Wabash National (WNC) Debt to Equity (2010 - 2026) Analysis & Trends

Wabash National has reported Debt to Equity for 17 years, with the latest figure at $1.55 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 50.32% year-over-year to $1.55; the trailing twelve-month figure through Mar 2026 stood at $1.55 (up 50.32% YoY), and the FY2025 full-year result was $1.21, down 42.68% from the prior year.
  • Debt to Equity for Q1 2026 stood at $1.55, up from $1.21 in the prior quarter.
  • The five-year high for Debt to Equity was $2.1 in Q4 2024, with the low at $0.72 in Q2 2024.
  • Historically, Debt to Equity has averaged $1.16 across 5 years, with a median of $1.03 in 2025.
  • Annual changes were most pronounced in 2024 — Debt to Equity surged 191.5% — and 2025, when it tumbled 49.01%.
  • Wabash National's Debt to Equity stood at $1.0 in 2022, then slipped by 27.52% to $0.72 in 2023, then surged by 191.5% to $2.1 in 2024, then sank by 42.68% to $1.21 in 2025, then climbed by 28.86% to $1.55 in 2026.
  • The last three Debt to Equity figures came in at $1.55 (Q1 2026), $1.21 (Q4 2025), and $1.01 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 1.07
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 0.79
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn -
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 0.13
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 0.57
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 0.30
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 0.25
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 0.24
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 0.56
10 Wabash National 337.73 Mn 295.42 Mn -10.58 Mn 1.55

Historic Data

Download Data
DateValue
Mar 31, 2026 1.55
Dec 31, 2025 1.21
Sep 30, 2025 1.01
Jun 30, 2025 1.14
Mar 31, 2025 1.03
Dec 31, 2024 2.10
Sep 30, 2024 1.98
Jun 30, 2024 0.72
Mar 31, 2024 0.73
Dec 31, 2023 0.72
Sep 30, 2023 0.76
Jun 30, 2023 0.82
Mar 31, 2023 0.93
Dec 31, 2022 1.00
Sep 30, 2022 1.23
Jun 30, 2022 1.34
Mar 31, 2022 1.42
Dec 31, 2021 1.32
Sep 30, 2021 1.09
Jun 30, 2021 1.05