Wabash National (WNC) Return on Invested Capital [ROIC] (2011 - 2026)
Wabash National's Return on Invested Capital [ROIC] came in at -7.39% for Q2 2026, up 3.68 percentage points from -11.07% a year earlier but down 1.79 percentage points from the prior quarter.
Wabash National (WNC) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Wabash National's Return on Invested Capital [ROIC] was 32.92%, up 67.87 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +41.27 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -34.95% in FY2024 (-63.17 pp), 28.22% in FY2023 (+11.63 pp), 16.59% in FY2022 (+12.82 pp) and 3.77% in FY2021 (+12.12 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -45.24% (Q4 2024) to 33.57% (Q3 2025).
- Year-over-year, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of -5.57 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2025 (a gain of 73.07 percentage points), and the weakest in Q4 2024 (a drop of 71.62 percentage points).
- Business Quant data shows WNC's Return on Invested Capital [ROIC] at -5.60% (Q1 2026), 27.83% (Q4 2025) and 33.57% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 15.86% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 16.52% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 9.33% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 10.34% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 15.40% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 23.98% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 10.94% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 22.67% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 27.10% |
| 10 | Wabash National | 572.36 Mn | 335.23 Mn | 15.33 Mn | -7.39% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.39% |
| Mar 31, 2026 | -5.60% |
| Dec 31, 2025 | 27.83% |
| Sep 30, 2025 | 33.57% |
| Jun 30, 2025 | -11.07% |
| Mar 31, 2025 | -7.71% |
| Dec 31, 2024 | -45.24% |
| Sep 30, 2024 | -28.23% |
| Jun 30, 2024 | 17.72% |
| Mar 31, 2024 | 22.49% |
| Dec 31, 2023 | 26.38% |
| Sep 30, 2023 | 26.37% |
| Jun 30, 2023 | 25.72% |
| Mar 31, 2023 | 20.75% |
| Dec 31, 2022 | 16.07% |
| Sep 30, 2022 | 8.60% |
| Jun 30, 2022 | 5.53% |
| Mar 31, 2022 | 4.73% |
| Dec 31, 2021 | 3.97% |
| Sep 30, 2021 | 6.45% |
Wabash National Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=WNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=WNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();