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Companies / Industrials / WABASH NATIONAL Corp
WNC

WABASH NATIONAL Corp

IndustrialsTransportation Equipment
Ticker WNCLAFAYETTE, INFiscal year ends DecemberBook value per share $6.63Diluted shares 40.9M

Wabash National Corporation (NYSE: WNC) designs, manufactures, and services equipment and solutions for transportation, logistics, and infrastructure markets, serving truckload and less-than-truckload carriers, leasing companies, private fleets, and other commercial customers. Its products include dry and refrigerated… From the company’s description.

Over the twelve months to Sep 30, 2026, WABASH NATIONAL Corp reported revenue of $1.52B, down 7.3% from a year earlier, and a net loss of $138.19M. Its operating margin was −10.4%, and operations used $123.25M in cash. In fiscal 2025, it reported revenue of $1.54B, down 20.8% from fiscal 2024, and net income of $211.64M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.54BFY2025
−20.8% year over year
Last 12 mo $1.52B
19.93%FY2025
+38.2 percentage points
Last 12 mo -10.38%
$211.64MFY2025
+174.8% year over year
Last 12 mo $-138.19M
57.56%FY2025
+208 percentage points
Last 12 mo -51.16%
Cash & financing
$11.67MFY2025
−90.1% year over year
Last 12 mo $-123.25M
$-60.59MFY2025
−258.9% year over year
Last 12 mo $-144.30M
1.21FY2025
Was 2.10× a year earlier
Last 12 mo 1.99
41.7MFY2025
−5.9% year over year
Last 12 mo 40.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What WABASH NATIONAL Corp does

In the company’s own words

Wabash National Corporation (NYSE: WNC) designs, manufactures, and services equipment and solutions for transportation, logistics, and infrastructure markets, serving truckload and less-than-truckload carriers, leasing companies, private fleets, and other commercial customers. Its products include dry and refrigerated van trailers, platform and tank trailers, truck bodies, composite panels, aerodynamic solutions, and food, dairy, and beverage processing equipment; services include aftermarket parts and repairs, truck-body upfitting, digital marketplace capabilities, and subscription-based trailer access. Wabash reports two segments: Transportation Solutions, which makes transportation equipment, and Parts & Services, which includes aftermarket support, upfitting, composites, process systems, Wabash Parts, and Trailers as a Service. Its product brands include DuraPlate, ArcticLite, and Acutherm. Founded in 1985 as a dry van trailer manufacturer, the company expanded through acquisitions, product development, and growth in services. Wabash had approximately 4,700 employees as of December 31, 2025. Its website is ir.onewabash.com.

Company details
Sector
Industrials
Industry (SIC)
Transportation Equipment
Headquarters
LAFAYETTE, IN
Fiscal year end
December
CIK
879526
SIC
3715

Financial performance, year by year

Fiscal 2011–2025 · USD
$-565.03M$280.84M$1.13B$1.97B$2.82B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns WABASH NATIONAL Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

183
funds hold it
0 of 35
superinvestors hold it
$197.24M
held by funds, at market
47.6%
of shares held by funds
1
bond issues held by funds

Largest fund holders · WABASH NATIONAL Corp’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
Cambria Shareholder Yield ETF
SYLD · Cambria ETF Trust
—of fund net assets
VANGUARD STRATEGIC EQUITY FUND
VSEQX · VANGUARD HORIZON FUNDS
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

WABASH NATIONAL Corp’s bonds, as funds hold them

Funds report holding 1 issues of WABASH NATIONAL Corp’s debt, $190.84M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.50%, maturing 2028 to 2028.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do WABASH NATIONAL Corp and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of WABASH NATIONAL Corp's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in WABASH NATIONAL Corp's last four quarterly filings that the numbers alone won't show?”
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