Winnebago Operating Income vs Gross Profit Analysis
WGO Stock | USD 74.00 1.77 2.45% |
Winnebago Industries financial indicator trend analysis is more than just analyzing Winnebago Industries current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winnebago Industries is a good investment. Please check the relationship between Winnebago Industries Operating Income and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winnebago Industries Operating Income account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Winnebago Industries' Operating Income and Gross Profit is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Winnebago Industries, assuming nothing else is changed. The correlation between historical values of Winnebago Industries' Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Winnebago Industries are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Winnebago Industries' Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Winnebago Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Winnebago Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Winnebago Industries minus its cost of goods sold. It is profit before Winnebago Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Winnebago Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winnebago Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.As of the 29th of March 2024, Selling General Administrative is likely to grow to about 297.5 M, while Tax Provision is likely to drop about 52.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 929.3M | 586.1M | 674.0M | 707.7M | Total Revenue | 5.0B | 3.5B | 4.0B | 4.2B |
Winnebago Industries fundamental ratios Correlations
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Winnebago Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Winnebago Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.1B | 2.4B | 2.4B | 2.8B | 2.9B | |
Short Long Term Debt Total | 539.7M | 555.3M | 586.3M | 634.4M | 729.6M | 766.0M | |
Other Current Liab | 167.9M | 227.2M | 292.8M | 249.1M | 286.5M | 300.8M | |
Total Current Liabilities | 300.4M | 407.3M | 522.1M | 396M | 455.4M | 478.2M | |
Total Stockholder Equity | 827.5M | 1.1B | 1.3B | 1.4B | 1.6B | 1.7B | |
Property Plant And Equipment Net | 204.4M | 219.8M | 317.4M | 369.9M | 425.4M | 446.7M | |
Net Debt | 247.1M | 120.7M | 304.1M | 324.5M | 373.2M | 391.8M | |
Retained Earnings | 913.6M | 1.2B | 1.5B | 1.7B | 2.0B | 2.1B | |
Cash | 292.6M | 434.6M | 282.2M | 309.9M | 356.4M | 374.2M | |
Non Current Assets Total | 1.0B | 1.0B | 1.3B | 1.4B | 1.7B | 1.7B | |
Non Currrent Assets Other | (590K) | (35.6M) | 14.2M | 8.3M | 7.5M | 7.1M | |
Cash And Short Term Investments | 292.6M | 434.6M | 282.2M | 309.9M | 356.4M | 374.2M | |
Net Receivables | 220.8M | 253.8M | 254.1M | 178.5M | 205.3M | 215.5M | |
Common Stock Shares Outstanding | 33.5M | 34.1M | 33.0M | 35.4M | 31.9M | 31.4M | |
Liabilities And Stockholders Equity | 1.7B | 2.1B | 2.4B | 2.4B | 2.8B | 2.9B | |
Non Current Liabilities Total | 585.8M | 598.3M | 631.6M | 668.3M | 768.5M | 807.0M | |
Inventory | 182.9M | 341.5M | 525.8M | 470.6M | 541.2M | 568.2M | |
Other Current Assets | 17.3M | 29.1M | 31.8M | 37.7M | 43.4M | 45.5M | |
Other Stockholder Equity | (111.5M) | (141.5M) | (300.0M) | (405.2M) | (364.7M) | (346.4M) | |
Total Liab | 886.2M | 1.0B | 1.2B | 1.1B | 1.2B | 1.3B | |
Property Plant And Equipment Gross | 204.4M | 219.8M | 317.4M | 573M | 659.0M | 691.9M | |
Total Current Assets | 713.6M | 1.1B | 1.1B | 996.7M | 1.1B | 1.2B | |
Short Term Debt | 3.2M | (13.4M) | 5.7M | 7.2M | 8.3M | 7.9M | |
Accounts Payable | 132.5M | 180.0M | 217.5M | 146.9M | 168.9M | 177.4M | |
Intangible Assets | 404.8M | 390.4M | 472.4M | 502M | 577.3M | 606.2M | |
Other Liab | 41.3M | 37.7M | 45.3M | 26.2M | 23.6M | 22.4M | |
Other Assets | 38.5M | 16.6M | 48.9M | 20M | 18M | 17.1M | |
Treasury Stock | (347.4M) | (351.3M) | (315.3M) | (359.9M) | (323.9M) | (340.1M) | |
Property Plant Equipment | 174.9M | 219.8M | 276.2M | 369.9M | 425.4M | 446.7M | |
Current Deferred Revenue | (3.2M) | 13.4M | 6.1M | (7.2M) | (8.3M) | (7.9M) | |
Net Tangible Assets | 74.6M | 318.5M | 306.4M | 351.6M | 404.3M | 424.6M | |
Long Term Debt | 512.6M | 528.6M | 545.9M | 592.4M | 681.3M | 715.3M | |
Retained Earnings Total Equity | 866.9M | 913.6M | 1.2B | 1.5B | 1.8B | 1.9B | |
Capital Surpluse | 203.8M | 218.5M | 256.2M | 197.7M | 227.4M | 118.1M |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.Note that the Winnebago Industries information on this page should be used as a complementary analysis to other Winnebago Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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Is Winnebago Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Winnebago Industries. If investors know Winnebago will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Winnebago Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Dividend Share 1.16 | Earnings Share 3.42 | Revenue Per Share 105.492 | Quarterly Revenue Growth (0.19) |
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.