Wolverine World Wide Inc. /DE/ (WWW) intrinsic value & 10-year financials
Wolverine World Wide Inc. /DE/ (WWW) has a Graham intrinsic value of $13.30 per share. At $19.79 on Oct 17, 2026, the stock trades 49% above that value. Over the last 10 fiscal years revenue shrank 4.2% a year to $1.9B, with an average return on invested capital of 4.6%.
- Graham intrinsic value
- $13.30
- Share price (Oct 17, 2026)
- $19.79
- Price vs Graham value
- 49% above
- Market cap
- $1.6B
- Revenue (FY2026)
- $1.9B
- Revenue growth (10-yr CAGR)
- -4.2%
- ROIC (10-yr avg)
- 4.6%
- Free cash flow (FY2026)
- $125.5M
WWW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $1.9B | $95.8M | $1.14 | $125.5M | 8.0% | 15.2% |
| FY2024 | $1.8B | $47.9M | $0.58 | $159.9M | 5.8% | 9.1% |
| FY2023 | $2.2B | -$39.6M | -$0.51 | $107.2M | -3.0% | -2.9% |
| FY2022 | $2.7B | -$188.3M | -$2.37 | -$215.4M | -7.8% | -13.6% |
| FY2021 | $1.8B | -$136.9M | -$1.70 | $298.8M | -7.7% | -8.9% |
| FY2019 | $2.3B | $128.5M | $1.44 | $188.2M | 7.5% | 10.8% |
| FY2018 | $2.2B | $200.1M | $2.05 | $75.8M | 11.2% | 16.7% |
| FY2017 | $2.4B | $300.0K | $0.00 | $170.3M | 1.0% | 0.9% |
| FY2016 | $2.5B | $87.7M | $0.89 | $241.0M | 6.4% | 8.4% |
| FY2015 | $2.8B | $133.1M | $1.30 | $284.6M | 8.3% | 10.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
WOLVERINE WORLD WIDE INC /DE/ is facing top-line stagnation, with revenue contracting over the decade.
WOLVERINE WORLD WIDE INC /DE/ has historically struggled to out-earn its cost of capital, averaging just 4.6% ROIC.
Over the decade, WOLVERINE WORLD WIDE INC /DE/ shows that management has aggressively returned capital to shareholders by retiring 18.4% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, WOLVERINE WORLD WIDE INC /DE/ is modeled at 2.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $13.30 per share.