Wolverine World Wide (WWW) Gross Margin (2009 - 2026)
Wolverine World Wide (WWW) posted quarterly Gross Margin of 47.03% for Q1 2026, up 343.0% year-over-year from 10.62% in Q1 2025, and down 0.9% quarter-over-quarter from 47.46% in Q3 2025.
Wolverine World Wide (WWW) Gross Margin (2009 - 2026) Analysis & Trends
Wolverine World Wide (WWW) has reported Gross Margin for 18 consecutive years, with 47.03% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 343.0% year-over-year to 47.03%; the TTM figure through Jan 2026 stood at 47.24% (up 285.0% YoY), while the FY2026 annual figure was 47.31%, up 298.0% from the prior year.
- Gross Margin retreated to 47.03% in Q1 2026 per WWW's latest filing, from 47.46% in the prior quarter.
- Across five years, Gross Margin topped out at 47.46% in Q3 2025 and bottomed at 33.71% in Q4 2022.
- Historically, Gross Margin has averaged 42.62% across 5 years, with a median of 43.06% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 437 bps — and 2024, when it surged 669 bps.
- Wolverine World Wide's Gross Margin stood at 33.71% in 2022, then gained by 9 bps to 36.91% in 2023, then grew by 18 bps to 43.6% in 2024, then advanced by 9 bps to 47.46% in 2025, then dropped by 1 bps to 47.03% in 2026.
- Business Quant data shows WWW's Gross Margin at 47.03% in Q1 2026, 47.46% in Q3 2025, and 47.24% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 49.15% |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 59.05% |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 59.41% |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 46.50% |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 46.47% |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 70.37% |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 51.37% |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 45.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 46.47% |
| Jan 3, 2026 | 47.03% |
| Sep 27, 2025 | 47.46% |
| Jun 28, 2025 | 47.24% |
| Mar 29, 2025 | 47.25% |
| Dec 28, 2024 | 43.60% |
| Sep 28, 2024 | 45.14% |
| Jun 29, 2024 | 43.09% |
| Mar 30, 2024 | 45.94% |
| Dec 30, 2023 | 36.91% |
| Sep 30, 2023 | 40.82% |
| Jul 1, 2023 | 38.67% |
| Apr 1, 2023 | 39.42% |
| Dec 31, 2022 | 33.71% |
| Oct 1, 2022 | 40.18% |
| Jul 2, 2022 | 43.04% |
| Apr 2, 2022 | 42.50% |
| Oct 2, 2021 | 43.16% |
| Jul 3, 2021 | 42.79% |
| Apr 3, 2021 | 43.53% |