Is the business good?
How good a business is WWW?
Wolverine World Wide, Inc. earns 14% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
14%
Return on invested capital · cost of capital 9.0% · 4.8 points above what the capital costs: growth creates value
- Operating margin
- 8.5%
Operating margin · Footwear & Accessories median 8.5% · 12 months to Q1 2026
- Cash conversion
- 1.27×
Cash conversion · 1.53× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +1.1%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | −7.6% |
| FY2021 | 6.5% |
| FY2022 | −7.8% |
| FY2023 | −3.0% |
| FY2024 | 5.6% |
| FY2025 | 8.0% |
Details›
- Gross margin12 months to Q1 2026
- 47%
- Operating margin12 months to Q1 2026
- 8.5%
- Net margin12 months to Q1 2026
- 5.4%
- Free cash flow margin
- 6.9%
- Revenue, trailing twelve months
- $1.92B
- Free cash flow, trailing twelve months
- $132M
- Net income, trailing twelve months
- $104M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 14%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Footwear & Accessories
Ranks #3 of 7 by Smart Score