Wabash National (WNC) Operating Margin (2010 - 2026)
Wabash National (WNC) reported Operating Margin of 17.27% for Q1 2026, down 9985.0% on a YoY basis from N/an in Q1 2025, and up 7.4% quarter-over-quarter from 18.65% in Q4 2025.
Wabash National (WNC) Operating Margin (2010 - 2026) Analysis & Trends
Wabash National has reported Operating Margin for 17 years, with the latest figure at 17.27% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 9985.0% year-over-year to 17.27%; the trailing twelve-month figure through Mar 2026 stood at 4.05% (down 13.0% YoY), and the FY2025 full-year result was 19.93%, up 3822.0% from the prior year.
- Operating Margin for Q1 2026 stood at 17.27%, up from 18.65% in the prior quarter.
- The five-year high for Operating Margin was 82.58% in Q1 2025, with the low at 93.32% in Q3 2024.
- Historically, Operating Margin has averaged 3.35% across 5 years, with a median of 7.95% in 2024.
- Annual changes were most pronounced in 2024 — Operating Margin slumped 10559 bps — and 2025, when it surged 10842 bps.
- Wabash National's Operating Margin stood at 8.78% in 2022, then rose by 17 bps to 10.25% in 2023, then tumbled by 92 bps to 0.86% in 2024, then tumbled by 2267 bps to 18.65% in 2025, then rose by 7 bps to 17.27% in 2026.
- The last three Operating Margin figures came in at 17.27% (Q1 2026), 18.65% (Q4 2025), and 15.11% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 17.71% |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 16.73% |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | -63.36% |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 3.54% |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | -4.73% |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 11.09% |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 10.11% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 8.41% |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 2.27% |
| 10 | Wabash National | 337.73 Mn | 295.42 Mn | -10.58 Mn | -17.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -17.27% |
| Dec 31, 2025 | -18.65% |
| Sep 30, 2025 | 15.11% |
| Jun 30, 2025 | -1.04% |
| Mar 31, 2025 | 82.58% |
| Dec 31, 2024 | 0.86% |
| Sep 30, 2024 | -93.32% |
| Jun 30, 2024 | 7.95% |
| Mar 31, 2024 | 5.74% |
| Dec 31, 2023 | 10.25% |
| Sep 30, 2023 | 12.27% |
| Jun 30, 2023 | 15.05% |
| Mar 31, 2023 | 11.26% |
| Dec 31, 2022 | 8.78% |
| Sep 30, 2022 | 8.07% |
| Jun 30, 2022 | 5.59% |
| Mar 31, 2022 | 3.68% |
| Dec 31, 2021 | -3.89% |
| Sep 30, 2021 | 3.78% |
| Jun 30, 2021 | 5.05% |