WWWWolverine World Wide, Inc.

$20.10

Is it safe?

Can WWW take a bad year?

Wolverine World Wide, Inc. carries $519M of net debt at 2.76× EBITDA: a load its earnings can carry.

$519M

Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
2.76×

Net debt / EBITDA · 4.09× a year ago · the load is coming down

Altman Z-score
2.93

Altman Z-score · grey zone, between 1.8 and 3

Debt / equity
1.54×

Debt / equity

Details
Total debtQ1 2026
$639M
Cash and short-term investments
$120M
Net debt
$519M
EBITDA, trailing twelve months
$188M
Operating profit, trailing twelve months
$163M
Debt / equity
1.54×
Total debt / EBITDA
3.40×
Annualised volatilitytwo years of daily moves
63%
Worst drawdown on file
−83%
Below its 52-week high
−37%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.