Wisconsin Pr Financials

WELPP

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Wisconsin Pr (WELPP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 44/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Wisconsin Pr has an operating margin of 26.1%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 80/100, reflecting efficient cost management and pricing power. This is down from 26.7% the prior year.

Growth

Wisconsin Pr's revenue grew 12.9% year-over-year to $4.5B, a solid pace of expansion. This earns a growth score of 55/100.

Leverage

Wisconsin Pr carries a low D/E ratio of 0.67, meaning only $0.67 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Wisconsin Pr's current ratio of 0.76 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 10/100, which could limit financial flexibility.

Cash Flow

While Wisconsin Pr generated $1.1B in operating cash flow, capex of $2.7B consumed most of it, leaving -$1.6B in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Wisconsin Pr's ROE of 9.3% shows moderate profitability relative to equity, earning a score of 32/100. This is up from 9.3% the prior year.

Altman Z-Score Distress

0.68

Wisconsin Pr scores 0.68, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral

5/9

Wisconsin Pr passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.80x

For every $1 of reported earnings, Wisconsin Pr generates $1.80 in operating cash flow ($1.1B OCF vs $626.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.4x

Wisconsin Pr earns $2.4 in operating income for every $1 of interest expense ($1.2B vs $490.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.5B

YoY+12.9%

5Y CAGR+5.9%

10Y CAGR+1.5%

Wisconsin Pr generated $4.5B in revenue in fiscal year 2025. This represents an increase of 12.9% from the prior year.

EBITDA

$1.8B

YoY+10.1%

5Y CAGR+6.9%

10Y CAGR+6.6%

Wisconsin Pr's EBITDA was $1.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.1% from the prior year.

Net Income

$626.8M

YoY+22.1%

5Y CAGR+11.4%

10Y CAGR+5.2%

Wisconsin Pr reported $626.8M in net income in fiscal year 2025. This represents an increase of 22.1% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$1.6B

YoY-806.3%

Wisconsin Pr generated -$1.6B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 806.3% from the prior year.

Cash & Debt

YoY-100.0%

Wisconsin Pr held $0 in cash against $4.5B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

33M

YoY+0.0%

5Y CAGR+0.0%

10Y CAGR+0.0%

Wisconsin Pr had 33M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

66.6%

YoY-0.7pp

5Y CAGR-1.4pp

10Y CAGR+2.9pp

Wisconsin Pr's gross margin was 66.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the prior year.

Operating Margin

26.1%

YoY-0.6pp

5Y CAGR+0.5pp

10Y CAGR+9.2pp

Wisconsin Pr's operating margin was 26.1% in fiscal year 2025, reflecting core business profitability. This is down 0.6 percentage points from the prior year.

Net Margin

14.0%

YoY+1.1pp

5Y CAGR+3.1pp

10Y CAGR+4.2pp

Wisconsin Pr's net profit margin was 14.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.

Return on Equity

9.3%

YoY-0.1pp

5Y CAGR-0.7pp

10Y CAGR-1.2pp

Wisconsin Pr's ROE was 9.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$2.7B

YoY+90.1%

5Y CAGR+32.8%

10Y CAGR+18.1%

Wisconsin Pr invested $2.7B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 90.1% from the prior year.

WELPP Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$4.5B+12.9%	$4.0B-1.6%	$4.0B-0.6%	$4.1B+11.1%	$3.7B+8.8%	$3.4B
Cost of Revenue	$1.5B+15.3%	$1.3B-10.4%	$1.5B-14.3%	$1.7B+26.3%	$1.3B+24.8%	$1.1B
Gross Profit	$3.0B+11.8%	$2.7B+3.3%	$2.6B+9.1%	$2.4B+2.3%	$2.3B+1.4%	$2.3B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$1.2B+10.3%	$1.1B+3.8%	$1.0B+8.7%	$940.0M+8.2%	$868.7M+1.0%	$860.5M
Interest Expense	$490.7M+0.3%	$489.4M+4.9%	$466.5M+1.8%	$458.4M-0.4%	$460.3M-1.5%	$467.5M
Income Tax	$115.0M-15.7%	$136.4M-4.4%	$142.7M+7.2%	$133.1M+129.1%	$58.1M+30.0%	$44.7M
Net Income	$626.8M+22.1%	$513.2M+6.8%	$480.6M+21.1%	$396.7M+4.1%	$381.2M+4.3%	$365.6M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$1.1B-8.3%	$1.2B+18.9%	$1.0B-14.3%	$1.2B+22.8%	$959.8M-11.1%	$1.1B+19.7%	$902.0M-13.2%	$1.0B
Cost of Revenue	$371.7M-7.4%	$401.2M+23.0%	$326.3M-18.3%	$399.6M+27.1%	$314.3M-11.2%	$353.9M+26.4%	$279.9M-20.5%	$352.2M
Gross Profit	$730.1M-8.8%	$800.7M+17.0%	$684.5M-12.2%	$779.5M+20.8%	$645.5M-11.0%	$725.4M+16.6%	$622.1M-9.4%	$686.6M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$237.0M-30.2%	$339.4M+36.4%	$248.8M-28.0%	$345.6M+37.2%	$251.9M-21.6%	$321.3M+50.6%	$213.4M-22.3%	$274.6M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	$120.4M-0.3%	$120.8M
Income Tax	$22.5M-37.8%	$36.2M+72.4%	$21.0M-40.5%	$35.3M+20.9%	$29.2M-38.9%	$47.8M+102.5%	$23.6M-34.1%	$35.8M
Net Income	$115.1M-41.6%	$197.1M+66.3%	$118.5M-39.6%	$196.1M+57.5%	$124.5M-26.5%	$169.4M+98.6%	$85.3M-36.3%	$134.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

WELPP Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$19.7B+14.5%	$17.2B+8.6%	$15.8B+5.5%	$15.0B+6.2%	$14.1B+4.0%	$13.6B
Current Assets	$1.4B+6.5%	$1.3B+5.6%	$1.2B-0.2%	$1.2B+12.7%	$1.1B+19.6%	$895.6M
Cash & Equivalents	$0-100.0%	$400K-93.4%	$6.1M0.0%	$6.1M	$0-100.0%	$7.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	$582.6M+3.0%	$565.5M+21.3%	$466.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$12.9B+10.5%	$11.7B+8.7%	$10.8B-0.9%	$10.9B+6.4%	$10.2B+2.9%	$9.9B
Current Liabilities	$1.8B+22.1%	$1.5B-1.8%	$1.5B+8.2%	$1.4B+17.6%	$1.2B-7.2%	$1.3B
Long-Term Debt	$4.5B+21.1%	$3.7B+22.4%	$3.0B-9.1%	$3.4B+17.1%	$2.9B+16.3%	$2.5B
Total Equity	$6.8B+23.1%	$5.5B+8.3%	$5.1B+22.0%	$4.2B+5.6%	$3.9B+6.8%	$3.7B
Retained Earnings	$2.5B+1.1%	$2.4B+12.6%	$2.2B+5.4%	$2.1B-10.2%	$2.3B+0.9%	$2.3B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$19.7B+5.5%	$18.7B+5.2%	$17.7B+2.1%	$17.4B+1.0%	$17.2B+2.1%	$16.8B+3.7%	$16.2B+2.5%	$15.8B
Current Assets	$1.4B+20.1%	$1.1B-5.1%	$1.2B-2.3%	$1.2B-4.4%	$1.3B-5.7%	$1.3B+18.2%	$1.1B+2.4%	$1.1B
Cash & Equivalents	$0-100.0%	$3.0M+42.9%	$2.1M-96.7%	$62.7M+15575.0%	$400K-99.8%	$253.4M	$0-100.0%	$10.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$12.9B+9.5%	$11.8B+4.1%	$11.3B-0.8%	$11.4B-2.2%	$11.7B+1.2%	$11.6B+4.4%	$11.1B+3.5%	$10.7B
Current Liabilities	$1.8B+75.4%	$1.0B+1.5%	$1.0B-16.2%	$1.2B-18.1%	$1.5B+4.4%	$1.4B-12.8%	$1.6B+13.2%	$1.4B
Long-Term Debt	$4.5B+7.0%	$4.2B+13.3%	$3.7B-0.1%	$3.7B0.0%	$3.7B-0.1%	$3.7B+18.9%	$3.1B+3.0%	$3.0B
Total Equity	$6.8B-1.2%	$6.9B+7.1%	$6.4B+7.9%	$5.9B+7.9%	$5.5B+4.1%	$5.3B+2.1%	$5.2B+0.5%	$5.2B
Retained Earnings	$2.5B-9.0%	$2.7B+2.9%	$2.6B+2.3%	$2.6B+5.6%	$2.4B+2.7%	$2.4B+4.8%	$2.3B+1.1%	$2.2B

WELPP Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.1B-10.8%	$1.3B+34.7%	$939.1M+47.4%	$637.0M-20.6%	$802.2M+4.6%	$767.1M
Capital Expenditures	$2.7B+90.1%	$1.4B+31.8%	$1.1B+17.6%	$930.4M+14.4%	$813.3M+22.6%	$663.6M
Free Cash Flow	-$1.6B-806.3%	-$178.2M-14.6%	-$155.5M+47.0%	-$293.4M-2543.2%	-$11.1M-110.7%	$103.5M
Investing Cash Flow	-$2.7B-75.9%	-$1.5B-25.3%	-$1.2B-34.3%	-$914.0M-14.5%	-$798.0M-26.5%	-$630.8M
Financing Cash Flow	$1.6B+487.9%	$268.2M+8.1%	$248.0M-22.9%	$321.7M+3929.8%	-$8.4M+94.3%	-$148.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$133.2M-68.8%	$426.9M+142.6%	$176.0M-55.1%	$391.7M+50.4%	$260.4M-32.8%	$387.3M+56.5%	$247.4M-33.0%	$369.4M
Capital Expenditures	$851.8M-16.7%	$1.0B+126.5%	$451.2M+8.0%	$417.9M-8.1%	$454.7M+3.4%	$439.7M+27.3%	$345.3M+70.1%	$203.0M
Free Cash Flow	-$718.6M-20.8%	-$595.1M-116.2%	-$275.2M-950.4%	-$26.2M+86.5%	-$194.3M-270.8%	-$52.4M+46.5%	-$97.9M-158.8%	$166.4M
Investing Cash Flow	-$848.3M+15.9%	-$1.0B-121.1%	-$456.4M-16.8%	-$390.6M+14.3%	-$455.9M-3.6%	-$439.9M+1.1%	-$444.6M-125.3%	-$197.3M
Financing Cash Flow	$709.6M+21.0%	$586.3M+170.3%	$216.9M+238.9%	$64.0M+208.5%	-$59.0M-119.1%	$309.0M+68.8%	$183.1M+211.0%	-$164.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

WELPP Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	66.6%-0.7pp	67.3%+3.2pp	64.1%+5.7pp	58.4%-5.0pp	63.4%-4.7pp	68.1%
Operating Margin	26.1%-0.6pp	26.7%+1.4pp	25.3%+2.2pp	23.1%-0.6pp	23.7%-1.8pp	25.6%
Net Margin	14.0%+1.1pp	12.9%+1.0pp	11.9%+2.1pp	9.8%-0.6pp	10.4%-0.5pp	10.9%
Return on Equity	9.3%-0.1pp	9.3%-0.1pp	9.4%-0.1pp	9.5%-0.1pp	9.7%-0.2pp	9.9%
Return on Assets	3.2%+0.2pp	3.0%-0.1pp	3.0%+0.4pp	2.6%-0.1pp	2.7%0.0pp	2.7%
Current Ratio	0.76-0.1	0.87+0.1	0.81-0.1	0.88-0.0	0.92+0.2	0.71
Debt-to-Equity	0.67-0.0	0.68+0.1	0.60-0.2	0.80+0.1	0.73+0.1	0.67
FCF Margin	-35.9%-31.5pp	-4.5%-0.6pp	-3.8%+3.4pp	-7.2%-6.9pp	-0.3%-3.4pp	3.1%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	66.3%-0.4pp	66.6%-1.1pp	67.7%+1.6pp	66.1%-1.1pp	67.3%+0.0pp	67.2%-1.8pp	69.0%+2.9pp	66.1%
Operating Margin	21.5%-6.7pp	28.2%+3.6pp	24.6%-4.7pp	29.3%+3.1pp	26.3%-3.5pp	29.8%+6.1pp	23.7%-2.8pp	26.4%
Net Margin	10.4%-6.0pp	16.4%+4.7pp	11.7%-4.9pp	16.6%+3.7pp	13.0%-2.7pp	15.7%+6.2pp	9.5%-3.4pp	12.9%
Return on Equity	1.7%-1.2pp	2.9%+1.0pp	1.8%-1.5pp	3.3%+1.0pp	2.3%-0.9pp	3.2%+1.6pp	1.7%-0.9pp	2.6%
Return on Assets	0.6%-0.5pp	1.1%+0.4pp	0.7%-0.5pp	1.1%+0.4pp	0.7%-0.3pp	1.0%+0.5pp	0.5%-0.3pp	0.9%
Current Ratio	0.76-0.4	1.11-0.1	1.19+0.2	1.02+0.1	0.87-0.1	0.97+0.3	0.71-0.1	0.79
Debt-to-Equity	0.67+0.1	0.62+0.0	0.58-0.0	0.63-0.0	0.68-0.0	0.71+0.1	0.61+0.0	0.59
FCF Margin	-65.2%-15.7pp	-49.5%-22.3pp	-27.2%-25.0pp	-2.2%+18.0pp	-20.2%-15.4pp	-4.9%+6.0pp	-10.8%-26.9pp	16.0%

Note: The current ratio is below 1.0 (0.76), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Wisconsin Pr's annual revenue?

Wisconsin Pr (WELPP) reported $4.5B in total revenue for fiscal year 2025. This represents a 12.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Wisconsin Pr's revenue growing?

Wisconsin Pr (WELPP) revenue grew by 12.9% year-over-year, from $4.0B to $4.5B in fiscal year 2025.

Is Wisconsin Pr profitable?

Yes, Wisconsin Pr (WELPP) reported a net income of $626.8M in fiscal year 2025, with a net profit margin of 14.0%.

What is Wisconsin Pr's EBITDA?

Wisconsin Pr (WELPP) had EBITDA of $1.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Wisconsin Pr have?

As of fiscal year 2025, Wisconsin Pr (WELPP) had $0 in cash and equivalents against $4.5B in long-term debt.

What is Wisconsin Pr's gross margin?

Wisconsin Pr (WELPP) had a gross margin of 66.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Wisconsin Pr's operating margin?

Wisconsin Pr (WELPP) had an operating margin of 26.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Wisconsin Pr's net profit margin?

Wisconsin Pr (WELPP) had a net profit margin of 14.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Wisconsin Pr's return on equity (ROE)?

Wisconsin Pr (WELPP) has a return on equity of 9.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Wisconsin Pr's free cash flow?

Wisconsin Pr (WELPP) generated -$1.6B in free cash flow during fiscal year 2025. This represents a -806.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Wisconsin Pr's operating cash flow?

Wisconsin Pr (WELPP) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Wisconsin Pr's total assets?

Wisconsin Pr (WELPP) had $19.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Wisconsin Pr's capital expenditures?

Wisconsin Pr (WELPP) invested $2.7B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Wisconsin Pr have outstanding?

Wisconsin Pr (WELPP) had 33M shares outstanding as of fiscal year 2025.

What is Wisconsin Pr's current ratio?

Wisconsin Pr (WELPP) had a current ratio of 0.76 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Wisconsin Pr's debt-to-equity ratio?

Wisconsin Pr (WELPP) had a debt-to-equity ratio of 0.67 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Wisconsin Pr's return on assets (ROA)?

Wisconsin Pr (WELPP) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Wisconsin Pr's Altman Z-Score?

Wisconsin Pr (WELPP) has an Altman Z-Score of 0.68, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Wisconsin Pr's Piotroski F-Score?

Wisconsin Pr (WELPP) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Wisconsin Pr's earnings high quality?

Wisconsin Pr (WELPP) has an earnings quality ratio of 1.80x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Wisconsin Pr cover its interest payments?

Wisconsin Pr (WELPP) has an interest coverage ratio of 2.4x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Wisconsin Pr?

Wisconsin Pr (WELPP) scores 44 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.