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/WNC
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Wabash National Corp

Wabash National Corp

WNC
$12.55USD-0.55%-0.07 today

MARKET CAP

511.3M

P/E (TTM)

FWD P/E

DAY RANGE

$12 – $13

52W RANGE

$7
$14

AI Summary

Stalk
StalkMedium

WNC is in a Stage 2 advancing uptrend marked by a steep parabolic acceleration, but it is currently extended and overbought on the short term. Execution should be deferred until price pulls back into the rising EMAs to offer a higher-probability entry. Medium-term bias remains bullish under the Stage 2 context, while long-term structural trend is down. Look for a pullback into the 9/21 EMA zone as the optimal engagement area under the Speculative strategy discipline.

  • Parts & Services segment revenue reached $64.5M in Q4 2025, up 33% YoY.
  • Backlog climbed to $956M, a 14% QoQ gain, first Q2 growth ever.
  • Q1 2026 adjusted EBITDA loss of $38M (-2.1% of sales) signals inefficiencies.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$1.8B$2.5B$2.5B$1.9B$1.5B
YoY %+21.7%+38.8%+1.4%-23.3%-20.8%
P / Sales0.6x0.5x0.5x0.4x0.2x
EV / Sales1.0x0.8x0.7x1.0x0.7x
Gross Profit, Adj.$196.5M$322.7M$498.2M$265.1M$69.9M
YoY %+23.0%+64.2%+54.4%-46.8%-73.6%
Margin %10.9%12.9%19.6%13.6%4.5%
EV / Gross Profit8.7x5.9x3.7x7.0x16.2x
EBITDA, Adj.$110.0M$214.3M$357.5M$-298.6M$379.8M
YoY %+61.9%+94.9%+66.8%-183.5%+227.2%
Margin %6.1%8.6%14.1%-15.3%24.6%
EV / EBITDA15.6x8.9x5.2x-6.2x3.0x
EBIT$33.5M$166.6M$311.9M$-356.1M$307.5M
YoY %+139.2%+396.8%+87.2%-214.2%+186.4%
Margin %1.9%6.7%12.3%-18.3%19.9%
EV / EBIT51.2x11.4x5.9x-5.2x3.7x
Net Income$1.2M$112.3M$231.3M$-284.1M$211.5M
YoY %+101.2%+9544.2%+106.0%-222.8%+174.4%
Net Margin0.1%4.5%9.1%-14.6%13.7%
EPS (GAAP)$0.02$2.25$4.81-$6.40$5.07
YoY %+101.1%+11150.0%+113.8%-233.1%+179.2%