Blue Bird vs Wabash National
Blue Bird and Wabash National are similar in size: $1.48bn and $1.54bn of revenue in their latest fiscal years. Blue Bird grew faster (9.9% against -20.8%). Wabash National kept more of each dollar of sales as profit: a net margin of 13.7% against 8.6%. Blue Bird carries less debt relative to equity (35.7% against 121.1%).
| Latest fiscal year | Blue BirdBLBD, 2025 | Wabash NationalWNC, 2025 |
|---|---|---|
| Revenue | $1.48bn | $1.54bn |
| Revenue growth | 9.9% | -20.8% |
| Net income | $128m | $211m |
| Operating margin | 11.3% | 19.9% |
| Net margin | 8.6% | 13.7% |
| Return on equity | 61.6% | 76.0% |
| Free cash flow | $153m | −$13.0m |
| Cash | $229m | $31.9m |
| Total debt | $91.3m | $445m |
| Debt to equity | 35.7% | 121.1% |
| Dividend per share | — | $0.32 |
| Dividend yield | — | 2.8% |
| Share buybacks | $9.9m | $33.8m |
| Employees | 2,012 | — |
| Market value | $1.85bn | $465m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 39 (Weak) | 41 (Weak) |
| Insider trades, 12 months | 3 buys, 7 sales | 0 buys, 1 sales |