WOLVERINE WORLD WIDE INC /DE/ WWW
Wolverine World Wide, Inc. (the "Company") is a leading designer, marketer and licensor of a broad range of quality casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform shoes and boots. The Company's products are marketed worldwide in approximately 170 countries and territories through owned operations in the United States ("U.S."), Canada, the United Kingdom ("U.K.") and certain countries in continental Europe and Asia Pacific. In other regions (Latin America, portions of Europe and Asia Pacific, the Middle East and Africa), the Company relies on a network of third-party distributors, licensees and joint ventures.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.75B | $2.24B | $2.68B | $2.41B | $1.79B | $2.27B | $2.24B | $2.35B | $2.49B |
| Cost of revenue | $987.6M | $977.0M | $1.37B | $1.61B | $1.39B | $1.06B | $1.35B | $1.32B | $1.43B | $1.53B |
| Gross profit | $886.7M | $778.0M | $873.9M | $1.07B | $1.03B | $735.6M | $923.8M | $921.3M | $914.4M | $959.9M |
| SG&A | $729.9M | $690.0M | $856.2M | $906.4M | $817.8M | $639.4M | $669.3M | $654.1M | $706.0M | $754.1M |
| Total operating expenses | $736.5M | $680.5M | $940.7M | $1.28B | — | — | — | — | — | — |
| Operating income | $150.2M | $97.5M | -$66.8M | -$208.4M | $155.7M | -$137.1M | $171.0M | $251.9M | $31.6M | $163.8M |
| Interest expense | $32.8M | $42.7M | $63.5M | $47.3M | $37.4M | $43.6M | $30.0M | $24.5M | $32.1M | $34.8M |
| Pre-tax income | $121.5M | $58.1M | -$132.8M | -$252.9M | $80.3M | -$184.1M | $145.9M | $227.4M | -$10.6M | $110.5M |
| Income tax | $20.5M | $9.3M | $94.7M | $63.8M | $13.3M | $45.5M | $17.0M | $27.1M | $9.9M | $23.0M |
| Net income | $95.8M | $45.2M | -$38.5M | -$188.3M | $68.6M | -$136.9M | $128.5M | $200.1M | $300.0K | $87.7M |
| EPS, basic | 1.14 | 0.55 | -0.49 | -2.37 | 0.82 | -1.70 | 1.48 | 2.07 | 0.00 | 0.90 |
| EPS, diluted | 1.14 | 0.55 | -0.49 | -2.37 | 0.81 | -1.70 | 1.44 | 2.05 | 0.00 | 0.89 |
| Shares, diluted (wtd. avg.) | $81.7M | $80.0M | $79.4M | $79.7M | $83.3M | $81.0M | $87.2M | $95.0M | $95.4M | $96.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $206.3M | $152.1M | $179.0M | $131.5M | $161.7M | $347.4M | $180.6M | $143.1M | $481.0M | $369.8M |
| Receivables | $162.1M | $209.4M | $230.8M | $241.7M | $319.6M | $268.3M | $331.2M | $361.2M | $271.3M | $263.3M |
| Inventory | $274.2M | $247.8M | $373.6M | $745.2M | $365.5M | $243.1M | $348.2M | $317.6M | $276.7M | $348.7M |
| Total current assets | $729.4M | $695.7M | $1.03B | $1.27B | $903.7M | $904.2M | $967.1M | $867.7M | $1.07B | $1.03B |
| Property, plant and equipment | $80.6M | $89.7M | $96.3M | $136.2M | $129.0M | $124.6M | $141.0M | $130.9M | $136.7M | $146.1M |
| Goodwill | $431.3M | $424.6M | $427.1M | $485.0M | $556.6M | $442.4M | $438.9M | $424.4M | $429.8M | $424.3M |
| Other intangibles | $29.3M | $31.5M | $34.9M | $67.4M | $74.6M | $73.0M | $77.8M | $71.9M | $77.0M | $83.8M |
| Total assets | $1.71B | $1.67B | $2.06B | $2.49B | $2.59B | $2.14B | $2.48B | $2.18B | $2.40B | $2.43B |
| Accounts payable | $174.7M | $200.9M | $206.0M | $272.2M | $222.1M | $185.0M | $202.1M | $202.3M | $162.3M | $150.8M |
| Short-term debt | $0 | $10.0M | $10.0M | $10.0M | $10.0M | $10.0M | $12.5M | $7.5M | $37.5M | $37.5M |
| Total current liabilities | $521.1M | $533.1M | $869.4M | $1.11B | $759.6M | $406.0M | $787.4M | $473.1M | $362.3M | $333.7M |
| Long-term debt | $546.7M | $568.0M | $605.8M | $723.0M | $731.8M | $712.5M | $425.9M | $438.0M | $744.6M | $780.3M |
| Retained earnings | $917.2M | $855.1M | $834.8M | $907.2M | $1.13B | $1.09B | $1.26B | $1.17B | $992.2M | $1.02B |
| Total equity | $408.0M | $312.9M | $308.3M | $346.2M | $644.4M | $573.0M | $778.4M | $991.6M | $955.2M | $974.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $140.0M | $180.1M | $121.8M | -$178.9M | $86.8M | $309.1M | $222.6M | $97.5M | $202.7M | $296.3M |
| Depreciation and amortisation | $25.9M | $26.2M | $35.1M | $34.6M | $33.2M | $32.8M | $32.7M | $31.5M | $37.2M | $43.5M |
| Stock-based compensation | $24.4M | $19.1M | $15.2M | $33.4M | $38.1M | $28.9M | $24.5M | $31.2M | $25.4M | $22.8M |
| Capital expenditure | $14.5M | $20.2M | $14.6M | $36.5M | $17.6M | $10.3M | $34.4M | $21.7M | $32.4M | $55.3M |
| Investing cash flow | -$13.9M | $86.8M | $171.6M | $54.6M | -$437.3M | $6.1M | -$61.5M | -$22.2M | -$1.0M | -$38.4M |
| Financing cash flow | -$77.7M | -$299.2M | -$246.3M | $107.1M | $169.3M | -$154.0M | -$124.6M | -$404.5M | -$98.0M | -$79.5M |
| Dividends paid | $33.3M | $32.5M | $32.6M | $32.8M | $33.5M | $33.6M | $33.6M | $28.6M | $23.0M | $23.5M |
| Buybacks | $14.5M | $0 | $0 | $81.3M | $39.6M | $21.0M | $319.2M | $174.7M | $51.5M | $52.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-012614.
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