What is Winmark Corp's earnings per share (EPS)?

Winmark Corp (WINA) reported diluted earnings per share of $11.30 for fiscal year 2025. This represents a 3.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Winmark Corp (WINA) Financials

WINA

Trailing 12 months to June 27, 2026

Revenue $86.5M +3.8% YoY

Net Income $40.7M -1.2% YoY

EPS (Diluted) $11.02 -1.9% YoY

Free Cash Flow $43.2M -3.0% YoY

Market Cap $1.1B as of Oct 6, 2026

Price / Sales 12.2x on $86.5M revenue, trailing 12 months to June 27, 2026

Price / Earnings 25.9x on $40.7M net income, trailing 12 months to June 27, 2026

Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 27, 2026 Reported Jul 15, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WINA SEC filings page.

Winmark Corp (WINA) reported $86.5M in revenue over the twelve months to Jun 27, 2026, up 3.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI WINA FY2025 2026-10-03

Winmark’s asset-light franchise model converts operations into abundant cash, then distributes most of it while carrying negative book equity.

FY2025 operating cash flow of $44.9M exceeded net income of $41.7M, indicating that reported earnings translated into cash rather than depending on non-cash accounting gains. Free cash flow of $44.7M sat close to operating cash flow because capital expenditures were only $192K, revealing a business that needs little reinvestment to sustain its cash generation.

Gross margin moved from 95.8% in FY2024 to 96.4% in FY2025, so direct costs remained almost immaterial even as sales recovered. However, operating margin slipped from 65.1% to 63.4%; this margin shape points to overhead absorbing part of the gross-profit improvement, not deterioration in the core cost of revenue.

Negative equity and liabilities of $78.6M against assets of $24.9M mean book-value leverage is not a useful measure of operating strength; the financing structure is dominated by obligations and distributions rather than retained book capital. Across FY2021-FY2025, financing cash flow was negative each year, showing that cash generation is routinely being sent back to owners instead of accumulating on the balance sheet.

Financial Health Signals

Financial Health Score 67/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Winmark Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

100

Winmark Corp has an operating margin of 63.4%, meaning the company retains $63 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 65.1% the prior year.

Growth

Winmark Corp's revenue grew 5.9% year-over-year to $86.1M, a solid pace of expansion. This earns a growth score of 36/100.

Leverage

Not available for Winmark Corp, and counted as zero in the overall score.

Liquidity

With a current ratio of 2.49, Winmark Corp holds $2.49 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 70/100.

Cash Flow

Winmark Corp converts 51.9% of revenue into free cash flow ($44.7M). This strong cash generation earns a score of 99/100.

Returns

Altman Z-Score Safe

15.04

Winmark Corp scores 15.04, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.1B) relative to total liabilities ($78.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

Winmark Corp passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.08x

For every $1 of reported earnings, Winmark Corp generates $1.08 in operating cash flow ($44.9M OCF vs $41.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

22.31x

Winmark Corp earns $22.31 in operating income for every $1 of interest expense ($54.6M vs $2.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$22.0M

YoY+7.6%

QoQ+5.4%

5Y CAGR+3.3%

10Y CAGR+12.2%

Winmark Corp generated $22.0M in revenue in Q2 2026. This represents an increase of 7.6% from the same quarter a year earlier. Against the prior quarter it is up 5.4%.

EBITDA

$13.8M

YoY+4.3%

QoQ+10.2%

Winmark Corp's EBITDA was $13.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.3% from the same quarter a year earlier. Against the prior quarter it is up 10.2%.

Net Income

$10.4M

YoY-1.9%

QoQ+12.3%

5Y CAGR+2.2%

10Y CAGR+6.3%

Winmark Corp reported $10.4M in net income in Q2 2026. This represents a decrease of 1.9% from the same quarter a year earlier. Against the prior quarter it is up 12.3%.

EPS (Diluted)

$2.81

YoY-2.8%

QoQ+12.4%

5Y CAGR+3.2%

10Y CAGR+7.9%

Winmark Corp earned $2.81 per diluted share (EPS) in Q2 2026. This represents a decrease of 2.8% from the same quarter a year earlier. Against the prior quarter it is up 12.4%.

Cash & Balance Sheet

Free Cash Flow

$10.7M

YoY+18.9%

QoQ-9.9%

5Y CAGR-4.6%

10Y CAGR+9.9%

Winmark Corp generated $10.7M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 18.9% from the same quarter a year earlier. Against the prior quarter it is down 9.9%.

Cash & Debt

$25.8M

YoY-10.2%

QoQ+30.3%

5Y CAGR+26.5%

10Y CAGR+38.3%

Winmark Corp held $25.8M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$1.02

YoY+6.3%

QoQ+6.3%

Winmark Corp paid $1.02 per share in dividends in Q2 2026. This represents an increase of 6.3% from the same quarter a year earlier. Against the prior quarter it is up 6.3%.

Shares Outstanding

YoY+1.2%

QoQ+0.4%

5Y CAGR-0.6%

10Y CAGR-1.3%

Winmark Corp had 4M shares outstanding in Q2 2026. This represents an increase of 1.2% from the same quarter a year earlier. Against the prior quarter it is up 0.4%.

Margins & Returns

Operating Margin

62.1%

YoY-1.9pp

QoQ+2.8pp

5Y change-5.7pp

Winmark Corp's operating margin was 62.1% in Q2 2026, reflecting core business profitability. This is down 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.8 percentage points.

Net Margin

47.3%

YoY-4.6pp

QoQ+2.9pp

5Y change-2.6pp

10Y change-34.1pp

Winmark Corp's net profit margin was 47.3% in Q2 2026, showing the share of revenue converted to profit. This is down 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.

Gross Margin

Not reported for Q2 2026.

Return on Equity

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$40K

YoY-26.3%

QoQ+176.0%

5Y CAGR+3.3%

10Y CAGR+12.3%

Winmark Corp invested $40K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 26.3% from the same quarter a year earlier. Against the prior quarter it is up 176.0%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

WINA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WINA quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$86.5M	$86.1M+5.9%	$81.3M-2.3%	$83.2M+2.3%	$81.4M+4.1%	$78.2M+18.4%	$66.1M-9.9%	$73.3M+1.1%	$72.5M+3.9%	$69.8M+4.9%	$66.5M-4.2%	$69.4M+13.5%	$61.2M+9.8%	$55.7M+7.3%	$51.9M+1.2%	$51.3M
Cost of Revenue	N/A	$3.1M-8.1%	$3.4M-24.3%	$4.5M+20.2%	$3.7M+26.3%	$2.9M+39.8%	$2.1M-14.8%	$2.5M-9.9%	$2.7M+12.7%	$2.4M+15.8%	$2.1M-20.8%	$2.7M+1.3%	$2.6M+18.8%	$2.2M-15.9%	$2.6M+10.8%	$2.4M
Gross Profit	N/A	$83.0M+6.5%	$77.9M-1.1%	$78.8M+1.4%	$77.7M+3.2%	$75.3M+17.7%	$64.0M-9.7%	$70.8M+1.5%	$69.8M+3.6%	$67.3M+4.5%	$64.4M-3.6%	$66.8M+14.1%	$58.6M+9.4%	$53.5M+8.5%	$49.3M+0.7%	$49.0M
SG&A Expenses	$29.7M	$28.4M+13.7%	$24.9M-0.7%	$25.1M+8.4%	$23.2M+3.9%	$22.3M+5.2%	$21.2M-17.6%	$25.7M-1.1%	$26.0M+3.2%	$25.2M+5.8%	$23.9M-0.9%	$24.1M+1.2%	$23.8M+7.2%	$22.2M+9.5%	$20.3M+6.5%	$19.0M
Operating Income	$53.9M	$54.6M+3.1%	$52.9M-0.7%	$53.3M-0.6%	$53.6M+4.4%	$51.3M+27.7%	$40.2M-6.8%	$43.1M+3.3%	$41.8M+7.6%	$38.8M+1.6%	$38.2M+3.0%	$37.1M+12.2%	$33.1M+11.0%	$29.8M+9.1%	$27.3M+9.9%	$24.8M
EBITDA	N/A	$55.3M+3.0%	$53.7M-0.6%	$54.1M-0.3%	$54.2M+4.7%	$51.8M+27.2%	$40.7M-6.5%	$43.5M+3.5%	$42.1M+7.5%	$39.2M+1.4%	$38.6M+2.9%	$37.5M+12.1%	$33.5M+10.8%	$30.2M+8.9%	$27.7M+9.5%	$25.3M
Interest Expense	$2.4M	$2.4M-14.4%	$2.9M-7.6%	$3.1M+6.0%	$2.9M+100.5%	$1.5M-16.3%	$1.7M+0.4%	$1.7M-29.3%	$2.4M+3.4%	$2.4M+1.0%	$2.3M+30.0%	$1.8M+272.0%	$485K+126.9%	$214K-45.6%	$392K+250.3%	$112K
Income Tax	$11.6M	$11.5M+1.9%	$11.3M+0.8%	$11.2M-1.5%	$11.4M+14.2%	$9.9M+14.4%	$8.7M-6.7%	$9.3M+1.8%	$9.2M-22.9%	$11.9M-13.4%	$13.7M+2.1%	$13.4M+7.2%	$12.5M+10.2%	$11.4M+11.2%	$10.2M+10.0%	$9.3M
Net Income	$40.7M	$41.7M+4.3%	$40.0M-0.6%	$40.2M+1.9%	$39.4M-1.2%	$39.9M+33.9%	$29.8M-7.2%	$32.1M+6.7%	$30.1M+22.6%	$24.6M+11.0%	$22.1M+1.6%	$21.8M+8.6%	$20.1M+10.1%	$18.2M+40.9%	$12.9M-8.2%	$14.1M
EPS (Basic)	N/A	$11.73+3.3%	$11.36-1.6%	$11.55+2.2%	$11.30+4.0%	$10.87+35.5%	$8.02-4.2%	$8.37+7.7%	$7.77+28.2%	$6.06+12.8%	$5.37+9.8%	$4.89+23.5%	$3.96+10.0%	$3.60+40.1%	$2.57-9.2%	$2.83
EPS (Diluted)	$11.02	$11.30+3.8%	$10.89-1.4%	$11.04+0.6%	$10.97+4.7%	$10.48+35.8%	$7.72-1.5%	$7.84+8.0%	$7.26+28.3%	$5.66+10.8%	$5.11+9.0%	$4.69+21.8%	$3.85+10.6%	$3.48+40.9%	$2.47-8.2%	$2.69
Diluted Shares (Avg)	N/A	4M+0.5%	4M+0.7%	4M+1.3%	4M-5.7%	4M-1.4%	4M-5.8%	4M-1.2%	4M-4.4%	4M+0.2%	4M-6.9%	5M-10.8%	5M-0.5%	5M+0.1%	5M0.0%	5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$22.0M+7.6%	$20.8M-4.9%	$21.1M+7.9%	$22.6M+5.2%	$20.4M+1.5%	$21.9M+9.0%	$19.5M-2.5%	$21.5M-3.6%
SG&A Expenses	$7.5M+13.9%	$7.9M+5.8%	$7.3M+22.2%	$7.0M+19.0%	$6.6M+5.6%	$7.4M+9.1%	$6.0M-7.0%	$5.9M-5.3%
Operating Income	$13.6M+4.4%	$12.4M-9.1%	$13.0M+1.9%	$14.9M0.0%	$13.1M+0.3%	$13.6M+11.3%	$12.8M+2.0%	$14.9M-1.3%
EBITDA	$13.8M+4.3%	$12.5M-9.0%	$13.2M+1.9%	$15.1M-0.2%	$13.2M+0.2%	$13.8M+11.0%	$13.0M	$15.1M-1.2%
Interest Expense	$610K0.0%	$614K0.0%	$613K-11.7%	$610K-13.3%	$610K-15.5%	$614K-16.8%	$694K-7.7%	$704K-7.7%
Income Tax	$2.8M+32.7%	$2.6M-17.8%	$2.7M-2.5%	$3.5M-0.1%	$2.1M-1.9%	$3.2M+11.5%	$2.8M+15.1%	$3.5M-2.9%
Net Income	$10.4M-1.9%	$9.3M-7.0%	$10.0M+3.9%	$11.1M+0.1%	$10.6M+1.6%	$10.0M+12.9%	$9.6M-1.4%	$11.1M-0.3%
EPS (Basic)	$2.90-3.3%	$2.59-7.8%	$2.79+3.0%	$3.13-0.9%	$3.00+1.0%	$2.81+11.5%	$2.71-2.5%	$3.16-1.3%
EPS (Diluted)	$2.81-2.8%	$2.50-7.7%	$2.69+3.5%	$3.02-0.3%	$2.89+1.4%	$2.71+12.4%	$2.60-1.5%	$3.03-0.7%
Diluted Shares (Avg)	4M+0.6%	4M+1.0%	N/A	4M+0.6%	4M+0.4%	4M+0.3%	N/A	4M+0.5%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

WINA Balance Sheet

WINA quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$24.9M-7.3%	$26.8M-7.3%	$29.0M-4.9%	$30.5M+13.2%	$26.9M-14.2%	$31.3M-49.3%	$61.8M+32.5%	$46.7M-4.5%	$48.8M+0.5%	$48.6M+2.5%	$47.4M-13.4%	$54.7M+3.2%	$53.0M+21.8%	$43.5M-8.8%	$47.7M
Current Assets	$14.1M-8.3%	$15.4M-8.2%	$16.7M-7.5%	$18.1M+3.9%	$17.4M-4.6%	$18.3M-55.6%	$41.2M+69.9%	$24.3M+13.0%	$21.5M-5.9%	$22.8M-6.7%	$24.4M-14.1%	$28.4M-7.3%	$30.7M+62.0%	$18.9M-20.0%	$23.7M
Cash & Equivalents	$10.3M-15.5%	$12.2M-8.8%	$13.4M-1.9%	$13.6M+19.4%	$11.4M+71.3%	$6.7M-73.5%	$25.1M+906.8%	$2.5M+132.6%	$1.1M-14.3%	$1.3M+24.5%	$1.0M-51.8%	$2.1M-80.4%	$10.6M+376.5%	$2.2M-75.2%	$9.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$363K-8.8%	$398K+3.0%	$386K-49.9%	$771K+137.0%	$325K+205.1%	$107K+24.0%	$86K-20.1%	$108K+10.8%	$97K+11.0%	$88K+93.6%	$45K-51.7%	$94K-3.3%	$97K+35.8%	$71K+3.9%	$69K
Accounts Receivable	$1.5M+11.0%	$1.3M-9.4%	$1.5M+2.6%	$1.4M+30.4%	$1.1M-30.2%	$1.6M-5.2%	$1.7M+7.5%	$1.6M+15748.0%	$10K-19.7%	$12K+60.5%	$8K-57.8%	$18K+1.7%	$18K-14.9%	$21K-62.3%	$55K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$3.8M
Goodwill	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K
Total Liabilities	$78.6M+0.9%	$77.9M-11.6%	$88.1M-4.3%	$92.1M+39.6%	$66.0M+54.4%	$42.7M-13.5%	$49.4M-4.0%	$51.5M-39.1%	$84.6M+37.5%	$61.5M-21.3%	$78.1M+135.8%	$33.1M+122.4%	$14.9M-41.9%	$25.6M+102.7%	$12.6M
Current Liabilities	$5.7M+11.4%	$5.1M-51.4%	$10.5M-1.3%	$10.6M+6.2%	$10.0M-12.4%	$11.4M-4.6%	$11.9M-4.4%	$12.5M+32.3%	$9.4M+28.2%	$7.4M-2.0%	$7.5M-69.4%	$24.6M+134.0%	$10.5M-48.8%	$20.5M+163.7%	$7.8M
Non-Current Liabilities	$72.9M+0.1%	$72.8M-6.3%	$77.7M-4.7%	$81.5M+45.5%	$56.0M+78.7%	$31.3M-16.3%	$37.5M-3.9%	$39.0M-48.1%	$75.1M+53.1%	$49.1M-30.5%	$70.6M+726.9%	$8.5M+94.7%	$4.4M-14.0%	$5.1M+4.9%	$4.9M
Long-Term Debt	N/A	N/A	N/A	N/A	$47.7M+117.4%	$21.9M-14.6%	$25.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$53.7M-5.2%	-$51.0M+13.7%	-$59.2M+4.0%	-$61.6M-57.7%	-$39.1M-243.5%	-$11.4M-191.4%	$12.4M+358.9%	-$4.8M+86.5%	-$35.7M-176.8%	-$12.9M+57.9%	-$30.7M-241.9%	$21.6M-43.3%	$38.1M+112.8%	$17.9M-48.9%	$35.1M
Retained Earnings	-$73.3M-11.3%	-$65.8M+1.6%	-$66.9M-5.5%	-$63.4M-62.3%	-$39.1M-89.2%	-$20.7M-4080.8%	$519K+105.6%	-$9.2M+75.2%	-$37.2M-243.8%	-$10.8M+65.2%	-$31.0M-246.3%	$21.2M-39.7%	$35.2M+96.3%	$17.9M-48.0%	$34.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$43.2M0.0%	$35.6M-4.0%	$24.9M-7.3%	$53.7M+3.5%	$43.2M-3.4%	$37.1M-3.3%	$26.8M-7.3%	$52.0M-6.5%
Current Assets	$30.8M-4.4%	$25.1M-2.8%	$14.1M-8.3%	$43.1M+6.3%	$32.2M-2.3%	$25.8M-1.9%	$15.4M-8.2%	$40.5M-7.6%
Cash & Equivalents	$25.8M-10.2%	$19.8M-9.2%	$10.3M-15.5%	$39.7M+6.8%	$28.8M-2.2%	$21.8M-4.6%	$12.2M-8.8%	$37.2M-8.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$657K+81.4%	$421K+24.6%	$363K-8.8%	$284K-35.8%	$362K+35.0%	$338K-19.6%	$398K+3.0%	$442K+51.9%
Accounts Receivable	$1.8M+7.9%	$2.0M-22.6%	$1.5M+11.0%	$1.7M+3.2%	$1.7M+6.0%	$2.6M+53.2%	$1.3M-9.4%	$1.6M-6.0%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%	$608K0.0%
Total Liabilities	$80.8M+1.0%	$81.8M-1.4%	$78.6M+0.9%	$80.1M-6.5%	$80.0M-7.9%	$83.0M-8.7%	$77.9M-11.6%	$85.7M-4.9%
Current Liabilities	$8.2M+17.1%	$9.1M-5.8%	$5.7M+11.4%	$7.2M-31.4%	$7.0M-38.8%	$9.7M-32.6%	$5.1M-51.4%	$10.5M-9.3%
Non-Current Liabilities	$72.6M-0.5%	$72.7M-0.9%	$72.9M+0.1%	$72.9M-3.0%	$73.0M-3.3%	$73.3M-4.2%	$72.8M-6.3%	$75.1M-4.2%
Total Equity	-$37.6M-2.1%	-$46.2M-0.6%	-$53.7M-5.2%	-$26.3M+21.9%	-$36.8M+12.8%	-$45.9M+12.6%	-$51.0M+13.7%	-$33.7M+2.4%
Retained Earnings	-$60.7M-17.1%	-$67.5M-14.2%	-$73.3M-11.3%	-$44.1M+3.4%	-$51.9M+3.3%	-$59.1M+3.0%	-$65.8M+1.6%	-$45.7M-11.5%

Not reported in any period shown, so not listed: Long-Term Debt.

WINA Cash Flow Statement

WINA quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$43.4M	$44.9M+6.5%	$42.2M-4.2%	$44.0M+0.5%	$43.8M-9.4%	$48.3M+11.9%	$43.2M-14.7%	$50.6M+45.0%	$34.9M+38.6%	$25.2M-4.1%	$26.3M+17.7%	$22.3M+24.1%	$18.0M-16.9%	$21.6M+19.1%	$18.2M-11.7%	$20.6M
Depreciation & Amortization	N/A	$747K-6.6%	$799K+3.4%	$773K+28.1%	$603K+40.1%	$431K-11.2%	$485K+21.1%	$400K+27.4%	$314K-11.6%	$355K-15.5%	$421K-2.8%	$433K+5.0%	$412K-4.5%	$432K-0.4%	$433K-9.6%	$479K
Stock-Based Compensation	N/A	$2.3M+14.8%	$2.0M+1.8%	$2.0M+18.2%	$1.7M+15.1%	$1.4M+9.1%	$1.3M-21.1%	$1.7M-15.7%	$2.0M+1.0%	$2.0M+10.1%	$1.8M+4.8%	$1.7M+19.6%	$1.4M+22.9%	$1.2M+24.0%	$930K+23.1%	$756K
Capital Expenditures	$141K	$192K-1.3%	$195K-49.2%	$384K+176.0%	$139K+86.2%	$75K+65.6%	$45K-73.4%	$169K-75.6%	$694K+855.2%	$73K+5.8%	$69K-48.8%	$134K-70.4%	$452K+14.1%	$396K+110.5%	$188K+12.1%	$168K
Free Cash Flow	$43.2M	$44.7M+6.5%	$42.0M-3.8%	$43.6M-0.1%	$43.7M-9.6%	$48.3M+11.8%	$43.2M-14.5%	$50.5M+47.4%	$34.2M+36.2%	$25.1M-4.1%	$26.2M+18.1%	$22.2M+26.6%	$17.5M-17.5%	$21.3M+18.2%	$18.0M-11.9%	$20.4M
Investing Cash Flow	-$2.4M	-$192K+1.3%	-$195K+49.2%	-$384K+89.5%	-$3.7M-1196.3%	-$283K+93.2%	-$4.2M+54.7%	-$9.2M-2122.1%	$454K+432.7%	$85K+102.6%	-$3.2M-171.6%	$4.5M	N/A	N/A	N/A	N/A
Financing Cash Flow	-$44.0M	-$46.6M-8.3%	-$43.0M+2.0%	-$43.9M-15.9%	-$37.9M+12.5%	-$43.3M+24.8%	-$57.6M-205.1%	-$18.9M+44.5%	-$34.0M-33.7%	-$25.4M-11.5%	-$22.8M+18.3%	-$27.9M	N/A	N/A	N/A	N/A
Dividends Paid	$49.6M	$49.1M+26.4%	$38.9M-11.0%	$43.7M+126.7%	$19.3M-41.9%	$33.2M+133.0%	$14.2M+312.6%	$3.4M+59.0%	$2.2M+22.9%	$1.8M+15.6%	$1.5M+24.3%	$1.2M-95.4%	$26.9M+2692.7%	$964K-96.3%	$26.1M+4670.3%	$548K
Share Buybacks	N/A	$2.4M	N/A	N/A	$49.1M+11.1%	$44.2M-9.7%	$49.0M+103.9%	$24.0M+1201.3%	$1.8M-96.3%	$49.9M+3070.6%	$1.6M-97.9%	$74.9M+547.3%	$11.6M+523.5%	$1.9M-74.3%	$7.2M+104.7%	$3.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$10.7M+18.6%	$11.9M-21.2%	$8.5M+0.8%	$12.3M+1.1%	$9.0M+10.0%	$15.1M+12.8%	$8.5M-3.5%	$12.1M+0.3%
Depreciation & Amortization	$181K-3.6%	$184K-1.1%	$186K-1.3%	$188K-10.5%	$188K-8.3%	$186K-5.6%	$188K	$210K+8.3%
Stock-Based Compensation	N/A	$614K+14.4%	N/A	N/A	N/A	$537K+10.4%	N/A	N/A
Capital Expenditures	$40K-26.3%	$15K-71.5%	$20K	$67K+1453.5%	$55K-46.7%	$51K-41.8%	$0-100.0%	$4K-97.7%
Free Cash Flow	$10.7M+18.9%	$11.9M-21.1%	$8.5M+0.5%	$12.2M+0.6%	$9.0M+10.7%	$15.0M+13.2%	$8.5M-2.4%	$12.1M+1.8%
Investing Cash Flow	-$2.3M-4014.4%	-$15K+71.5%	-$20K	-$67K-1453.5%	-$55K+46.7%	-$51K+41.8%	$0+100.0%	-$4K+97.7%
Financing Cash Flow	-$2.4M-19.4%	-$2.4M+55.5%	-$37.9M-13.5%	-$1.2M+70.6%	-$2.0M-27.3%	-$5.4M-42.2%	-$33.4M+6.9%	-$4.2M-14.9%
Dividends Paid	$3.7M+7.6%	$3.4M+7.6%	$39.1M+31.6%	$3.4M+7.5%	$3.4M+7.4%	$3.2M+13.9%	$29.7M-16.6%	$3.2M+13.6%
Share Buybacks	N/A	N/A	$0	$0	$169K	$2.2M	N/A	N/A

WINA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WINA quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	96.4%+0.5pp	95.8%+1.2pp	94.6%-0.8pp	95.4%-0.8pp	96.2%-0.6pp	96.8%+0.2pp	96.6%+0.4pp	96.2%-0.3pp	96.5%-0.3pp	96.8%+0.7pp	96.2%+0.5pp	95.7%-0.3pp	96.0%+1.1pp	95.0%-0.4pp	95.4%
Operating Margin	63.4%-1.7pp	65.1%+1.1pp	64.0%-1.8pp	65.8%+0.2pp	65.6%+4.8pp	60.9%+2.0pp	58.8%+1.2pp	57.6%+2.0pp	55.6%-1.8pp	57.4%+4.0pp	53.4%-0.6pp	54.0%+0.6pp	53.4%+0.9pp	52.6%+4.2pp	48.4%
Net Margin	48.4%-0.8pp	49.1%+0.9pp	48.3%-0.2pp	48.4%-2.6pp	51.0%+5.9pp	45.1%+1.3pp	43.9%+2.3pp	41.5%+6.3pp	35.2%+1.9pp	33.3%+1.9pp	31.4%-1.4pp	32.8%+0.1pp	32.7%+7.8pp	24.9%-2.6pp	27.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	258.3%	N/A	N/A	N/A	N/A	92.9%+45.1pp	47.8%-24.4pp	72.2%+32.0pp	40.2%
Return on Assets	167.4%+18.6pp	148.8%+10.1pp	138.7%+9.3pp	129.4%-19.0pp	148.4%+53.3pp	95.2%+43.2pp	52.0%-12.6pp	64.6%+14.2pp	50.3%+4.7pp	45.6%-0.4pp	46.0%+9.3pp	36.7%+2.3pp	34.4%+4.7pp	29.7%+0.2pp	29.5%
Current Ratio	2.49-0.5x	3.02+1.4x	1.60-0.1x	1.710.0x	1.75+0.1x	1.61-1.8x	3.45+1.5x	1.94-0.3x	2.27-0.8x	3.10-0.2x	3.25+2.1x	1.16-1.8x	2.92+2.0x	0.92-2.1x	3.04
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	2.06	N/A	N/A	N/A	N/A	1.53+1.1x	0.39-1.0x	1.43+1.1x	0.36
Asset Turnover	3.46+0.4x	3.03+0.2x	2.87+0.2x	2.67-0.2x	2.91+0.8x	2.11+0.9x	1.19-0.4x	1.55+0.1x	1.43+0.1x	1.37-0.1x	1.46+0.3x	1.12+0.1x	1.05-0.1x	1.19+0.1x	1.08
FCF Margin	51.9%+0.3pp	51.6%-0.8pp	52.4%-1.2pp	53.6%-8.1pp	61.7%-3.6pp	65.4%-3.5pp	68.9%+21.6pp	47.2%+11.2pp	36.0%-3.4pp	39.4%+7.5pp	31.9%+3.3pp	28.6%-9.5pp	38.1%+3.5pp	34.6%-5.2pp	39.8%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	62.1%-1.9pp	59.3%-2.7pp	61.7%-3.6pp	65.9%-3.5pp	64.0%-0.7pp	62.0%+1.3pp	65.3%+2.8pp	69.4%+1.6pp
Net Margin	47.3%-4.6pp	44.4%-1.0pp	47.2%-1.8pp	49.2%-2.5pp	51.9%+0.1pp	45.4%+1.6pp	49.0%+0.5pp	51.7%+1.7pp
Return on Assets	24.1%-0.5pp	26.0%-0.9pp	40.0%+4.3pp	20.7%-0.7pp	24.6%+1.2pp	26.9%+3.9pp	35.7%+2.2pp	21.4%+1.3pp
Current Ratio	3.75-0.8x	2.74+0.1x	2.49-0.5x	5.95+2.1x	4.60+1.7x	2.66+0.8x	3.02+1.4x	3.84+0.1x
Asset Turnover	0.510.0x	0.590.0x	0.85+0.1x	0.420.0x	0.470.0x	0.59+0.1x	0.730.0x	0.410.0x
FCF Margin	48.7%+4.6pp	56.9%-11.7pp	40.3%-2.9pp	53.8%-2.5pp	44.0%+3.7pp	68.6%+2.5pp	43.3%0.0pp	56.3%+3.0pp

Not reported in any period shown, so not listed: Gross Margin, Return on Equity, Debt-to-Equity.

Note: Shareholder equity is negative (-$53.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Winmark Corp WINA	FY2025	$86.1M	$41.7M	48.4%	$1.1B	67/100
National Vision Holdings, Inc. EYE	FY2025	$2.0B	$29.6M	1.5%	$1.3B	36/100
Savers Value Village, Inc. SVV	FY2025	$1.7B	$22.6M	1.4%	$1.4B	41/100
Sally Beauty Holdings, Inc. SBH	FY2025	$3.7B	$195.9M	5.3%	$1.5B	54/100
Arhaus, Inc. ARHS	FY2025	$1.4B	$67.3M	4.9%	$1.5B	47/100
Petco Health and Wellness Company, Inc. WOOF	FY2025	$6.0B	$9.1M	0.1%	$627.3M	21/100

Where Winmark Corp Ranks

Frequently Asked Questions

What is Winmark Corp's annual revenue?

Winmark Corp (WINA) reported $86.1M in total revenue for fiscal year 2025. This represents a 5.9% 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 Winmark Corp's revenue growing?

Winmark Corp (WINA) revenue grew by 5.9% year-over-year, from $81.3M to $86.1M in fiscal year 2025.

Is Winmark Corp profitable?

Yes, Winmark Corp (WINA) reported a net income of $41.7M in fiscal year 2025, with a net profit margin of 48.4%.

What is Winmark Corp's EBITDA?

Winmark Corp (WINA) had EBITDA of $55.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Winmark Corp's gross margin?

Winmark Corp (WINA) had a gross margin of 96.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Winmark Corp's operating margin?

Winmark Corp (WINA) had an operating margin of 63.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Winmark Corp's net profit margin?

Winmark Corp (WINA) had a net profit margin of 48.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Winmark Corp's free cash flow?

Winmark Corp (WINA) generated $44.7M in free cash flow during fiscal year 2025. This represents a 6.5% 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 Winmark Corp's operating cash flow?

Winmark Corp (WINA) generated $44.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Winmark Corp's total assets?

Winmark Corp (WINA) had $24.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Winmark Corp's capital expenditures?

Winmark Corp (WINA) invested $192K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Winmark Corp buy back shares?

Yes, Winmark Corp (WINA) spent $2.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Winmark Corp have outstanding?

Winmark Corp (WINA) had 4M shares outstanding as of fiscal year 2025.

What is Winmark Corp's current ratio?

Winmark Corp (WINA) had a current ratio of 2.49 as of fiscal year 2025, which is generally considered healthy.

What is Winmark Corp's return on assets (ROA)?

Winmark Corp (WINA) had a return on assets of 167.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Winmark Corp's P/E ratio?

Winmark Corp (WINA) trades at 25.9x earnings, its market capitalization divided by net income of $40.7M net income, trailing 12 months to June 27, 2026. The market capitalization is $1.1B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Winmark Corp's price-to-sales ratio?

Winmark Corp (WINA) trades at 12.2x sales, its market capitalization divided by revenue of $86.5M revenue, trailing 12 months to June 27, 2026. The market capitalization is $1.1B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Why is Winmark Corp's debt-to-equity ratio negative or not reported?

Winmark Corp (WINA) has negative shareholder equity of -$53.7M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Winmark Corp's Altman Z-Score?

Winmark Corp (WINA) has an Altman Z-Score of 15.04, placing it in the Safe Zone (low 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 Winmark Corp's Piotroski F-Score?

Winmark Corp (WINA) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Winmark Corp's earnings high quality?

Winmark Corp (WINA) has an earnings quality ratio of 1.08x, 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 Winmark Corp cover its interest payments?

Winmark Corp (WINA) has an interest coverage ratio of 22.31x, meaning it can comfortably 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 Winmark Corp?

Winmark Corp (WINA) scores 67 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.