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Wolverine World Wide Inc (WWW) stock

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NYSE: WWW NYSE Footwear Next results ~November 12, 2026

D Fundamentals grade

Wolverine World Wide Inc is a US-listed company in the footwear industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$17

Cash-flow model

Base case. Range ~$11–$25 across our lower- and higher-growth cases (-1%–9% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 26% above our base value.

Price used: $21.40, November 2, 2026

Wolverine World Wide Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 3 selling3 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds118 adding, 123 cuttingOf 48 active managers that changed their stake, 20 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Wolverine World Wide files

Where Wolverine World Wide stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $1.95bn, up 7.2% on a year earlier, slower than the 8.3% growth a quarter earlier. Free-cash-flow margin rose to 9.0% from 7.0% a year earlier. The diluted share count is up 2.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 5 financial-health checks. Our cash-flow model value is $16.49 a share, against a share price of $20.12. At that price, our model says the market is pricing in about 6.6% a year of cash-flow growth for five years, faster than the -4.2% a year revenue growth it has delivered.

Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Wolverine World Wide Inc's trailing-twelve-month revenue grew 7.2% year on year, with a free-cash-flow margin of 9.0%. Where it lags: long-term debt as % of assets of 32.1% ranks 5 of 5 footwear companies we cover.

Our discounted-cash-flow model values the business at ~$17 per share in the base case (~$11–$25 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Share count rising (dilution): Diluted shares outstanding rose 2.0% year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 5.2% over 90 days.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Priced above our value. The share price of $21.40 is 21% above our value per share of $17.
  • Share dilution. Diluted shares rose 2.0% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 54% and a beta of 1.1 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 32.1% ranks 5 of 5 footwear companies we cover (median 23.3%).
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 1.2% ranks 8 of 9 footwear companies we cover (median 0.8%).

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
$0.40 against an average estimate of $0.38: beat by 5.0%
Revenue
$506m, up 6.8% on a year earlier
Share reaction
+16.4% in the first session after the results on August 13, 2026, against +0.5% for the S&P 500
Next report
November 12, 2026; average EPS estimate $0.46

Wolverine World Wide's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.9%
  • 1 week+5.5%
  • 1 month+11.5%
  • This year+20.6%
  • 1 year-3.5%
  • 5 years-32.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2B
Operating margin
8.7%
Net margin
5.5%
EPS (TTM, diluted)
$1.32

Growth

Revenue growth
+7.2%
Change in growth rate
−1.1 pts
Share count change
+2.0%

Cash

Free cash flow (TTM)
$175M
FCF margin
9.0%
Stock pay % of revenue
1.2%

Earnings

Last results
August 13, 2026
Next results (est.)
November 4, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Dividend
  2. Product
  3. Partnership
  4. Leadership
  5. Announcement
  6. Announcement
  7. Announcement
  8. Results
  9. Product
  10. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Wolverine World Wide Inc valuation models and calculator

What the price is pricing in

The share price implies about 7.1% a year of cash-flow growth for five years.That is faster than the -4.2% a year revenue growth Wolverine World Wide has delivered.

  • Priced in7.1%
  • Last 12 months7.2%
  • 3 years a year-8.5%
  • 5 years a year-4.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($20.98, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$17
Price used
$20.98close November 3, 2026
Implied change
▼ 19%
Uncertainty
High

How we got here: a discounted-cash-flow model of Wolverine World Wide Inc's free cash flow after stock-based pay with after-tax interest added back ($103M, FY2026 Q2 TTM), growing 5% and 4.6% in the next two years (forecasts, guidance and its record), then back to 4% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$11–~$25 ; that spread sets a 35% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Wolverine World Wide Inc's free cash flow after stock-based pay ( $103M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Wolverine World Wide Inc as an operating company, with every model that fits that kind of business. Cost of equity 10.4%: the 10-year Treasury yield (4.9%) plus a beta of 1.22 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$17 ~$11–$25 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: fewer than 5 peers with a usable multiple
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.5 ~$0.1–$1.1 Left out: out of range vs price (0.02x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$17 ~$11–$25 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Wolverine World Wide Inc with Footwear in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −29%
  • Revenue growth 5 points higher ▲ +38%
  • Free-cash-flow margin 1 point lower ▼ −13%
  • Last year's free-cash-flow margin change, if it persists ▲ +33%
  • Discount rate 1 point higher ▼ −17%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $11$18$26$38$52$71
8.5% $7$12$18$26$36$50
10% $4$8$13$19$27$37

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$13.66$18.16$26.60$27.24$28.71$27.15$25.34$9.86$8.32$21.51$17.89$21.40
Market value$1.4bn$1.7bn$2.5bn$2.6bn$2.5bn$2.2bn$2.1bn$786m$661m$1.7bn$1.5bn$1.8bn
+ Net debt (− = net cash)$626m$453m$302m$552m$978m$375m$1.0bn$1.5bn$1.0bn$566m$490m$497m
Enterprise value$2.0bn$2.2bn$2.8bn$3.1bn$3.5bn$2.6bn$3.1bn$2.2bn$1.7bn$2.3bn$2.0bn$2.3bn
Multiples
Price / sales 0.5x0.7x1.1x1.2x1.1x1.2x0.9x0.3x0.3x1.0x0.8x0.9x
Price / earnings 11.1x19.9xn/m12.9x19.5x—30.8x——38.1x15.3x16.2x
Price / free cash flow 8.1x7.3x14.9x34.1x13.3x7.4x30.5x—6.2x10.8x11.6x10.0x
EV / EBITDA 8.0x10.6x41.3x11.1x17.1x—16.6x——18.5x11.1x11.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

50 /100

Moderate moat

How hard Wolverine World Wide's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 12 / 20

    Cash operating profit has been a median 9.7% of total assets over 10 years.

  • Pricing power 14 / 20

    Gross margin has been a median 41.1%, moving by 2.8 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 5.3%; its worst year was -12.0%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 9 of 10 years, at a median 6.6% of revenue.

  • Discipline 17 / 20

    The diluted share count rose 0.2% over five years; stock-based pay has been a median 1.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (55 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, before the open. Analysts expect revenue of $500m and EPS of $0.46 (range $0.45 to $0.48) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.65 +22% $2.0bn +7%
Next $1.85 +12% $2.1bn +6%

Next year's EPS estimate has moved +5.2% in 90 days, across 11 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.38 $0.40 +5.0%
Mar 2026 $0.22 $0.25 +12.5%
Dec 2025 $0.44 $0.45 +3.1%
Sept 2025 $0.33 $0.36 +9.2%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Wolverine World Wide Inc's revenue by +5.0% next year and +4.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.5%, weight 68%) and the company's own record (+4.0%, weight 32%) . How the weights are set.

Analyst recommendations

11 analysts, Oct 2026
Buy655%
Hold545%
Sell00%

Monthly trend

  1. Oct 202615511
  2. Sep 202615511
  3. Aug 202615511
  4. Jul 202615511

Counts of recommendations published by analysts covering Wolverine World Wide Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
12.3%
of tradable shares
Days to cover
8.59
at average volume
Short interest, 1 month
+4%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
1.4%
of shares
Employees
3,050
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −3.5%

$22.18 on October 31, 2025 to $21.40

ThenNowEffect
Revenue (last 12 months) $1.8bn $2.0bn +7.2%
Net margin 4.7% 5.5% +18.6%
P/E multiple 21.0x 16.2x −22.6%
Share count 81m 82m −2.0%

Biggest factor: p/e multiple.

Last 3 years +173.5%

$7.82 on November 3, 2023 to $21.40

ThenNowEffect
Revenue (last 12 months) $2.5bn $2.0bn −23.3%
P/S multiple 0.2x 0.9x +271.2%
Share count 79m 82m −3.9%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
WWW−7%−61%−16%+155%−17%+21%
Industry peers (median)+45%−12%+37%+10%−16%+45%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WWW42%25%58%50%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WWW−37%−66%−57%−19%−58%−26%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 83% from May 7, 2021 to October 13, 2023. Getting back needed a 473% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$14.32 – $21.83
From 52-week high
−2.0%
vs 50-day average
+9.1%
vs 200-day average
+19.4%
Volatility (1 year)
54%
Beta vs S&P 500
1.14

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±13.3%
After a week
7 up, 5 down
typical move ±15.5%
After a month
9 up, 3 down
typical move ±18.2%
Results releasedNext dayS&P 500 next day5 days21 days
August 13, 2026 +16.4% +0.5% +13.2% +8.1%
May 14, 2026 −1.2% −0.4% +4.1% +14.4%
February 26, 2026 −2.1% −1.0% −8.0% −12.5%
November 5, 2025 −29.3% −0.7% −27.5% −21.2%
August 6, 2025 +18.1% +0.7% +21.6% +35.5%
May 8, 2025 +3.3% +0.6% +11.0% +25.9%
February 19, 2025 −18.7% −0.2% −17.3% −26.3%
November 7, 2024 +36.9% +1.2% +37.3% +40.7%
August 7, 2024 −5.9% +1.6% −9.3% +1.2%
May 8, 2024 +17.1% +0.6% +21.4% +14.7%
February 21, 2024 +11.0% +2.2% +7.5% +16.6%
January 11, 2024 −0.2% 0.0% −8.0% +1.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Wolverine World Wide Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade D (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Wolverine World Wide Inc in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Wolverine World Wide Inc
$1.6B $1.8B $2B $2.2B $2.4B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $2.4B Revenue (TTM), FY23 Q4: $2.2B Revenue (TTM), FY24 Q1: $2B Revenue (TTM), FY24 Q2: $1.9B Revenue (TTM), FY24 Q3: $1.8B Revenue (TTM), FY24 Q4: $1.8B Revenue (TTM), FY25 Q1: $1.8B Revenue (TTM), FY25 Q2: $1.8B Revenue (TTM), FY25 Q3: $1.9B Revenue (TTM), FY25 Q4: $1.9B Revenue (TTM), FY26 Q1: $1.9B Revenue (TTM), FY26 Q2: $2B $2B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $2.4B
FY23 Q4 $2.2B
FY24 Q1 $2B
FY24 Q2 $1.9B
FY24 Q3 $1.8B
FY24 Q4 $1.8B
FY25 Q1 $1.8B
FY25 Q2 $1.8B
FY25 Q3 $1.9B
FY25 Q4 $1.9B
FY26 Q1 $1.9B
FY26 Q2 $2B
Revenue growth, TTM YoY Wolverine World Wide Inc
-30% -20% -10% 0% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -10.3% Revenue growth, TTM YoY, FY23 Q4: -16.5% Revenue growth, TTM YoY, FY24 Q1: -23.6% Revenue growth, TTM YoY, FY24 Q2: -26.3% Revenue growth, TTM YoY, FY24 Q3: -25.0% Revenue growth, TTM YoY, FY24 Q4: -21.8% Revenue growth, TTM YoY, FY25 Q1: -13.0% Revenue growth, TTM YoY, FY25 Q2: -2.8% Revenue growth, TTM YoY, FY25 Q3: 3.6% Revenue growth, TTM YoY, FY25 Q4: 6.8% Revenue growth, TTM YoY, FY26 Q1: 8.3% Revenue growth, TTM YoY, FY26 Q2: 7.2% 7.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -10.3%
FY23 Q4 -16.5%
FY24 Q1 -23.6%
FY24 Q2 -26.3%
FY24 Q3 -25.0%
FY24 Q4 -21.8%
FY25 Q1 -13.0%
FY25 Q2 -2.8%
FY25 Q3 3.6%
FY25 Q4 6.8%
FY26 Q1 8.3%
FY26 Q2 7.2%
Operating margin (TTM) Wolverine World Wide Inc
-20% -10% 0% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -14.1% Operating margin (TTM), FY23 Q4: -3.0% Operating margin (TTM), FY24 Q1: -5.7% Operating margin (TTM), FY24 Q2: -7.1% Operating margin (TTM), FY24 Q3: -7.0% Operating margin (TTM), FY24 Q4: 5.6% Operating margin (TTM), FY25 Q1: 6.9% Operating margin (TTM), FY25 Q2: 7.4% Operating margin (TTM), FY25 Q3: 7.5% Operating margin (TTM), FY25 Q4: 8.0% Operating margin (TTM), FY26 Q1: 8.5% Operating margin (TTM), FY26 Q2: 8.7% 8.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -14.1%
FY23 Q4 -3.0%
FY24 Q1 -5.7%
FY24 Q2 -7.1%
FY24 Q3 -7.0%
FY24 Q4 5.6%
FY25 Q1 6.9%
FY25 Q2 7.4%
FY25 Q3 7.5%
FY25 Q4 8.0%
FY26 Q1 8.5%
FY26 Q2 8.7%
FCF margin (TTM) Wolverine World Wide Inc
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 12.0% FCF margin (TTM), FY23 Q4: 4.8% FCF margin (TTM), FY24 Q1: 8.3% FCF margin (TTM), FY24 Q2: 3.0% FCF margin (TTM), FY24 Q3: 11.4% FCF margin (TTM), FY24 Q4: 9.1% FCF margin (TTM), FY25 Q1: 6.3% FCF margin (TTM), FY25 Q2: 7.0% FCF margin (TTM), FY25 Q3: 2.9% FCF margin (TTM), FY25 Q4: 6.7% FCF margin (TTM), FY26 Q1: 6.9% FCF margin (TTM), FY26 Q2: 9.0% 9.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 12.0%
FY23 Q4 4.8%
FY24 Q1 8.3%
FY24 Q2 3.0%
FY24 Q3 11.4%
FY24 Q4 9.1%
FY25 Q1 6.3%
FY25 Q2 7.0%
FY25 Q3 2.9%
FY25 Q4 6.7%
FY26 Q1 6.9%
FY26 Q2 9.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Wolverine World Wide took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.9B
  2. Cost of revenue $988M · 52.7%
  3. Gross profit $887M · 47.3%
  4. Selling, general and admin $730M · 38.9%
  5. Operating income $150M · 8.0%
  6. Income tax $20.5M · 1.1%
  7. Interest and other $33.9M · 1.8%
  8. Net income $95.8M · 5.1%

Shares of revenue. Source: Wolverine World Wide's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Jan 2010 2010 Jan 2011 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Jan 2015 2015 Jan 2016 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Jan 2021 2021 Jan 2022 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Jan 2026 LTM Jul 2026
Income
Revenue 1,101 1,249 1,409 1,641 2,691 2,761 2,692 2,495 2,350 2,239 2,274 1,791 2,415 2,685 2,243 1,755 1,874 1,952
Gross profit 432 493 557 628 1,065 1,086 1,052 960 914 921 924 736 1,030 1,070 874 778 887 920
EBITDA 102 157 186 141 249 283 250 207 69 283 204 −104 189 −174 −32 124 176 194
Operating income 86 142 170 114 192 230 201 164 32 252 171 −137 156 −208 −67 98 150 170
Net income 62 104 123 81 100 133 123 88 0 200 129 −137 69 −188 −39 45 96 108
Diluted EPS $0.62 $1.05 $1.24 $0.81 $0.99 $1.30 $1.20 $0.89 $0.00 $2.05 $1.44 −$1.70 $0.81 −$2.37 −$0.49 $0.55 $1.14 $1.32
Growth (year on year)
Revenue −9.8% +13.4% +12.9% +16.4% +64.0% +2.6% −2.5% −7.3% −5.8% −4.7% +1.5% −21.2% +34.8% +11.2% −16.5% −21.8% +6.8% +7.2%
EBITDA −36.2% +54.4% +18.7% −24.0% +75.7% +14.0% −11.8% −17.0% −66.8% +311.9% −28.1% −151.2% — −192.0% — — +42.4% +21.3%
Operating income −39.2% +66.1% +19.7% −33.2% +69.1% +19.6% −12.5% −18.5% −80.7% — −32.1% −180.2% — −233.8% — — +54.1% +26.5%
Net income −35.4% +68.7% +18.0% −34.5% +24.4% +32.6% −7.7% −28.6% −99.7% — −35.8% −206.5% — −374.5% — — +111.9% +27.1%
Diluted EPS −67.4% +70.2% +17.5% −34.7% +22.2% +31.3% −7.7% −25.8% −100.0% — −29.8% −218.1% — −392.6% — — +107.3% +24.6%
Margins
Gross margin 39.2% 39.5% 39.5% 38.3% 39.6% 39.3% 39.1% 38.5% 38.9% 41.1% 40.6% 41.1% 42.6% 39.9% 39.0% 44.3% 47.3% 47.1%
EBITDA margin 9.2% 12.6% 13.2% 8.6% 9.2% 10.3% 9.3% 8.3% 2.9% 12.7% 9.0% −5.8% 7.8% −6.5% −1.4% 7.0% 9.4% 9.9%
Operating margin 7.8% 11.4% 12.1% 6.9% 7.1% 8.3% 7.5% 6.6% 1.3% 11.2% 7.5% −7.7% 6.4% −7.8% −3.0% 5.6% 8.0% 8.7%
Net margin 5.6% 8.4% 8.8% 4.9% 3.7% 4.8% 4.6% 3.5% 0.0% 8.9% 5.7% −7.6% 2.8% −7.0% −1.7% 2.6% 5.1% 5.5%
Free-cash-flow margin 14.3% 4.1% 4.2% 4.7% 6.0% 10.3% 6.3% 9.7% 7.2% 3.4% 8.3% 16.7% 2.9% −8.0% 4.8% 9.1% 6.7% 9.0%
Cash flow
Cash from operations 169 68 79 92 202 315 216 296 203 98 223 309 87 −179 122 180 140 183
Capital spending 12 16 19 15 42 30 46 55 32 22 34 10 18 37 15 20 15 8
Free cash flow 157 51 59 77 161 285 169 241 170 76 188 299 69 −215 107 160 126 175
Stock-based pay 9 12 14 15 28 25 19 23 25 31 25 29 38 33 15 19 24 24
Free cash flow after stock pay 148 40 45 62 132 260 150 218 145 45 164 270 31 −249 92 141 101 151
Balance sheet
Cash 160 150 140 171 214 224 194 370 481 143 181 347 162 132 179 152 206 159
Total debt 2 2 12 1,250 1,150 901 820 823 783 695 1,158 723 1,192 1,583 1,226 718 697 655
Net debt (negative = net cash) −159 −149 −128 1,079 936 677 626 453 302 552 978 375 1,030 1,452 1,047 566 490 497
Diluted shares 98m 98m 97m 97m 99m 100m 100m 96m 95m 95m 87m 81m 83m 80m 79m 80m 82m 82m
Returned to shareholders
Dividends 22 21 23 24 24 24 24 24 23 29 34 34 34 33 33 33 33 34
Buybacks 7 52 68 2 0 0 93 53 52 175 319 21 40 81 0 0 15 —
Total returned 28 74 90 26 24 24 117 76 75 203 353 55 73 114 33 33 48 34

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 5 checks passed · July 4, 2026
What it owns · $1.7bn
Short-term assets $736mLonger-term assets $971m
What it owes, and who funded it · $924m
Short-term liabilities $475mShareholders' equity $449m
  • Short-term assets cover short-term liabilities $736m of assets due within a year against $475m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $158m of cash against $547m of debt.
  • Debt below 40% of shareholders' equity Debt is 122% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 116% to 122% over five years.
  • A year's operating cash flow covers at least 20% of debt $183m of operating cash flow against $547m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Wolverine World Wide Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$33.6M
Buybacks, last 3 fiscal years
$14.5M
Diluted share count
+2.0%
year over year
Total shareholder yield
1.9%
dividends 1.9% + buybacks 0.0% of market value
Dividend payout ratio
31%
of net income paid out
Sales & admin spending
38.2%
of revenue
Days sales outstanding
41 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in footwear
Last 12 months unless stated WWW BIRK SHOO CAL ONON CROX Median
Revenue, last 12 months $2.0bn $2.3bn $2.7bn $2.8bn $3.6bn $4.1bn $2.5bn
Revenue growth, last 12 months 7.2% 18.6% 18.2% 7.3% 38.1% 0.7% 7.2%
Revenue growth, 3-year average −8.5% — 12.3% −0.1% — 1.3% 0.6%
Revenue growth, latest quarter 6.8% — 19.1% 5.6% — 4.6% 6.8%
Gross margin 47.1% 59.1% 46.1% 46.2% 62.8% 59.4% 48.1%
Operating margin 8.7% 26.2% 7.5% 3.1% 12.5% 22.6% 10.7%
Operating margin, 3-year average 3.0% — 7.9% 4.2% — 17.6% 8.4%
Net margin 5.5% 16.6% 5.4% 1.8% 6.8% 16.2% 6.2%
Cash from operations / revenue 9.4% 18.3% 9.6% 4.1% 11.9% 19.8% 10.8%
Free-cash-flow margin 9.0% 14.7% 8.2% 2.2% 9.5% 18.4% 9.2%
Free-cash-flow margin, 3-year average 6.3% — 7.8% 1.9% — 19.7% 8.1%
Stock pay / revenue 1.2% −0.2% 1.1% 0.4% 2.2% 1.1% 0.8%
Change in share count 2.0% −0.6% 0.7% −0.8% — −11.3% −0.6%

Median of all 10 companies we cover in footwear. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

10 footwear companies
Measure Company Peer median Rank
Revenue growth Growth 7.2% 7.3% 6 of 10
Change in growth rate Growth -1.1pp +2.4pp 7 of 10
Gross margin Profitability 47.1% 49.1% 6 of 10
Operating margin Profitability 8.7% 12.5% 7 of 10
Net margin Profitability 5.5% 6.8% 7 of 10
Free-cash-flow margin Cash generation 9.0% 9.5% 6 of 10
Stock pay as % of revenue Cash generation 1.2% 0.8% 8 of 9
Long-term debt as % of assets Balance sheet 32.1% 23.3% 5 of 5
Change in share count Balance sheet 2.0% -0.6% 8 of 9
Days sales outstanding Balance sheet 41 days 43 days 4 of 8

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to January 3, 2026
Segments
Line of business Revenue Share YoY
Active Group $1.4B 75.1% ▲ 13.0%
Work Group $422M 22.5% ▼ 7.3%
All Other Segments $44.3M 2.4% ▼ 17.4%
Corporate $0 0.0% —
Geography
Region Revenue YoY
Outside the US $978M ▲ 13.5%
United States $896M ▲ 0.3%
EMEA $602M ▲ 13.6%
Asia Pacific $182M ▲ 20.4%
Latin America $112M ▲ 13.4%
Canada $83.2M ▲ 0.7%

These categories overlap or exclude eliminations, so shares aren't shown.

From Wolverine World Wide Inc's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.4B
Institutions reporting
239
Shares held vs prior quarter
▲ 0.7%
Positions opened / closed
35 / 47

Top buyers and sellers, Q2 2026: 118 institutions bought and 123 sold ; the biggest buyer was Earnest Partners LLC (+1.8M shares) and the biggest seller Point72 Asset Management, L.P (−876K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $205M 12.4M 14.7% ▲ 1.9%
FMR LLC $203M 12.3M 14.6% ▲ 0.8%
Earnest Partners LLC $88M 5.3M 6.3% ▲ 51.3%
Vanguard Portfolio Management LLC $85M 5.1M 6.1% ▲ 6.7%
Callodine Capital Management, LP $80.7M 4.9M 5.8% ▲ 8.4%
Wellington Management Group LLP $74.9M 4.5M 5.4% ▲ 3.4%
Vanguard Capital Management LLC $60.1M 3.6M 4.3% ▲ 1.6%
State Street Corp $53.2M 3.2M 3.8% ▲ 4.3%
Dimensional Fund Advisors LP $35.6M 2.2M 2.6% ▲ 19.9%
Geode Capital Management, LLC $34.3M 2.1M 2.5% ▲ 6.4%
Qube Research & Technologies Ltd $27.9M 1.7M 2.0% ▲ 7.2%
Massachusetts Financial Services Co $25.3M 1.5M 1.8% ▲ 12.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Wolverine World Wide Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $524,572 3 trades by 3 insiders, last 12 months Insider sales History → $1.3M 4 trades by 3 insiders · 93% under pre-set plans
Net ▼ $763,073 net selling
Insider Date Trade Shares Price Value
Boromisa Jeffrey M Director September 1, 2026 Sell pre-set plan 25,000 $19.58 $489,500
Boromisa Jeffrey M Director July 13, 2026 Sell pre-set plan 25,000 $18.14 $453,500
Lauderback Brenda J Director May 21, 2026 Sell 5,500 $15.88 $87,340
Price Demonty Director November 7, 2025 Buy 25,000 $15.77 $394,250
Long Nicholas T. Director November 7, 2025 Buy 2,000 $15.88 $31,760
Boyle Jack Director November 7, 2025 Buy 6,250 $15.77 $98,562
Klimek Amy M. Chief Human Resources Officer November 3, 2025 Sell pre-set plan 11,528 $22.32 $257,305

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 13, 2026
  • May 14, 2026
  • February 26, 2026
  • November 5, 2025
  • August 6, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Wolverine World Wide Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Wolverine World Wide Inc in brief

What does Wolverine World Wide Inc do?
Wolverine World Wide Inc is a US-listed company in the footwear industry. Its financial year ends in December.
What is Wolverine World Wide Inc's stock ticker?
Wolverine World Wide Inc trades under the ticker WWW on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Wolverine World Wide Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Wolverine World Wide Inc reported revenue of $2B, 7.2% higher than a year earlier, according to its SEC filings.
What is Wolverine World Wide Inc's free cash flow?
Wolverine World Wide Inc's free-cash-flow margin is 9.0% of revenue over the trailing twelve months, ranking 6 of the 10 footwear companies we cover.
What is Wolverine World Wide Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Wolverine World Wide Inc's free cash flow after stock-based pay gives ~$17 per share in the base case, and ~$11–$25 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Wolverine World Wide Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Earnest Partners LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Wolverine World Wide Inc's market cap?
On November 2, 2026, Wolverine World Wide Inc's market capitalisation was about $1.8B, with a price-to-earnings ratio of 16.2 and net debt of $497M. Market figures come from third-party market data and may be delayed.
Does Wolverine World Wide Inc pay a dividend?
Yes: Wolverine World Wide Inc paid $33.6M in dividends over the trailing twelve months, a dividend yield of 1.91% and a payout ratio of 31.0%.
How much debt does Wolverine World Wide Inc have?
Wolverine World Wide Inc's debt-to-equity ratio is 121.8%, from its latest balance sheet (116.2% five years earlier). The financial health section below sets out its other solvency checks.
Who are Wolverine World Wide Inc's competitors?
In our Footwear peer group, the companies closest to Wolverine World Wide Inc are Birkenstock Holding plc, Steven Madden, LTD., Caleres Inc, On Holding AG and Crocs, Inc. The side-by-side comparison below sets their revenue, margins and growth against Wolverine World Wide Inc's.
Are insiders buying or selling Wolverine World Wide Inc stock?
Over the last 12 months, Wolverine World Wide Inc's directors and officers reported 3 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Wolverine World Wide Inc's next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Wolverine World Wide Inc announces its own schedule.