Wabash National (WNC) Gross Margin (2010 - 2026)
Wabash National's Gross Margin was 3.67% in Q2 2026, down 5.35 percentage points from 9.02% a year earlier but up 7.16 percentage points from the prior quarter.
Wabash National (WNC) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wabash National's Gross Margin was 1.00% through Jun 30, 2026, down 8.26 percentage points year-over-year; for FY2025, it was 4.53%, down 9.08 percentage points from FY2024.
- Gross Margin shows a five-year change of -6.25 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 13.62% in FY2024 (-6.02 pp), 19.64% in FY2023 (+6.74 pp), 12.90% in FY2022 (+2.00 pp) and 10.90% in FY2021 (+0.11 pp).
- Quarterly Gross Margin has moved between -3.49% (Q1 2026) and 22.00% (Q2 2023) over five years.
- Compared with a year earlier, Gross Margin has declined for ten straight quarters, with an average year-over-year change of -8.29 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q2 2023 (a gain of 9.86 percentage points); the worst was Q4 2025 (a drop of 12.24 percentage points).
- Per Business Quant data, WNC's Gross Margin in the three quarters before Q2 2026 was -3.49% (Q1 2026), -1.93% (Q4 2025) and 4.12% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | Wabash National | 514.92 Mn | 277.79 Mn | 15.33 Mn | 3.67% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.67% |
| Mar 31, 2026 | -3.49% |
| Dec 31, 2025 | -1.93% |
| Sep 30, 2025 | 4.12% |
| Jun 30, 2025 | 9.02% |
| Mar 31, 2025 | 4.99% |
| Dec 31, 2024 | 10.31% |
| Sep 30, 2024 | 12.07% |
| Jun 30, 2024 | 16.28% |
| Mar 31, 2024 | 14.84% |
| Dec 31, 2023 | 18.16% |
| Sep 30, 2023 | 19.42% |
| Jun 30, 2023 | 22.00% |
| Mar 31, 2023 | 18.69% |
| Dec 31, 2022 | 14.39% |
| Sep 30, 2022 | 14.04% |
| Jun 30, 2022 | 12.14% |
| Mar 31, 2022 | 10.62% |
| Dec 31, 2021 | 8.90% |
| Sep 30, 2021 | 10.58% |
Wabash National Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();