Wabash National Debt-to-Equity Ratio Growth & History (WNC)
Wabash National's debt-to-equity ratio was 1.30 for fiscal 2025.
View full Wabash National company overviewWabash National annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.30 | −0.99 | −43.17% |
| 2024 | 2024-12-31 | 2.30 | 1.52 | +194.31% |
| 2023 | 2023-12-31 | 0.78 | −0.27 | −25.94% |
| 2022 | 2022-12-31 | 1.05 | −0.30 | −22.02% |
| 2021 | 2021-12-31 | 1.35 | 0.22 | +19.04% |
| 2020 | 2020-12-31 | 1.13 | 0.23 | +25.65% |
| 2019 | 2019-12-31 | 0.90 | −0.16 | −15.41% |
| 2018 | 2018-12-31 | 1.07 | −0.02 | −2.01% |
| 2017 | 2017-12-31 | 1.09 | 0.59 | +116.42% |
| 2016 | 2016-12-31 | 0.50 | 0.50 | +70156.35% |
| 2015 | 2015-12-31 | 0.00 | −0.00 | −15.77% |
| 2014 | 2014-12-31 | 0.00 | −1.15 | −99.93% |
| 2013 | 2013-12-31 | 1.15 | −0.43 | −27.34% |
| 2012 | 2012-12-31 | 1.58 | 1.10 | +231.61% |
| 2011 | 2011-12-31 | 0.48 | 0.02 | +3.36% |
| 2010 | 2010-12-31 | 0.46 | — | — |
Wabash National quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.79 | 0.57 | +46.30% |
| Q1 2026 | 2026-03-31 | 1.66 | 0.53 | +47.51% |
| Q4 2025 | 2025-12-31 | 1.30 | −0.99 | −43.17% |
| Q3 2025 | 2025-09-30 | 1.09 | −1.05 | −49.06% |
| Q2 2025 | 2025-06-30 | 1.22 | 0.44 | +55.99% |
| Q1 2025 | 2025-03-31 | 1.12 | 0.34 | +43.04% |
| Q4 2024 | 2024-12-31 | 2.30 | 1.52 | +194.31% |
| Q3 2024 | 2024-09-30 | 2.15 | 1.33 | +161.24% |
| Q2 2024 | 2024-06-30 | 0.78 | −0.09 | −10.74% |
| Q1 2024 | 2024-03-31 | 0.78 | −0.20 | −20.25% |
| Q4 2023 | 2023-12-31 | 0.78 | −0.27 | −25.94% |
| Q3 2023 | 2023-09-30 | 0.82 | −0.48 | −36.74% |
| Q2 2023 | 2023-06-30 | 0.88 | −0.52 | −37.32% |
| Q1 2023 | 2023-03-31 | 0.98 | −0.47 | −32.10% |
| Q4 2022 | 2022-12-31 | 1.05 | −0.30 | −22.02% |
| Q3 2022 | 2022-09-30 | 1.30 | 0.18 | +16.40% |
| Q2 2022 | 2022-06-30 | 1.40 | 0.33 | +30.31% |
| Q1 2022 | 2022-03-31 | 1.45 | 0.31 | +27.16% |
| Q4 2021 | 2021-12-31 | 1.35 | 0.22 | +19.04% |
| Q3 2021 | 2021-09-30 | 1.12 | −0.07 | −5.86% |
| Q2 2021 | 2021-06-30 | 1.07 | −0.12 | −9.98% |
| Q1 2021 | 2021-03-31 | 1.14 | −0.17 | −12.95% |
| Q4 2020 | 2020-12-31 | 1.13 | 0.23 | +25.65% |
| Q3 2020 | 2020-09-30 | 1.19 | 0.24 | +24.97% |
| Q2 2020 | 2020-06-30 | 1.19 | 0.19 | +18.98% |
| Q1 2020 | 2020-03-31 | 1.31 | 0.24 | +22.33% |
| Q4 2019 | 2019-12-31 | 0.90 | −0.16 | −15.41% |
| Q3 2019 | 2019-09-30 | 0.95 | −0.11 | −10.02% |
| Q2 2019 | 2019-06-30 | 1.00 | −0.01 | −1.11% |
| Q1 2019 | 2019-03-31 | 1.07 | 0.01 | +1.34% |
| Q4 2018 | 2018-12-31 | 1.07 | −0.02 | −2.01% |
| Q3 2018 | 2018-09-30 | 1.05 | −0.08 | −6.82% |
| Q2 2018 | 2018-06-30 | 1.01 | 0.52 | +105.75% |
| Q1 2018 | 2018-03-31 | 1.06 | 0.56 | +113.66% |
| Q4 2017 | 2017-12-31 | 1.09 | 0.59 | +116.42% |
| Q3 2017 | 2017-09-30 | 1.13 | 1.13 | +199028.15% |
| Q2 2017 | 2017-06-30 | 0.49 | 0.49 | +84081.97% |
| Q1 2017 | 2017-03-31 | 0.49 | 0.49 | +78969.73% |
| Q4 2016 | 2016-12-31 | 0.50 | 0.50 | +70156.35% |
| Q3 2016 | 2016-09-30 | 0.00 | −0.00 | −27.15% |
| Q2 2016 | 2016-06-30 | 0.00 | −0.00 | −31.23% |
| Q1 2016 | 2016-03-31 | 0.00 | −0.87 | −99.93% |
| Q4 2015 | 2015-12-31 | 0.00 | −0.00 | −15.77% |
| Q3 2015 | 2015-09-30 | 0.00 | −0.90 | −99.91% |
| Q2 2015 | 2015-06-30 | 0.00 | −1.00 | −99.92% |
| Q1 2015 | 2015-03-31 | 0.87 | −0.24 | −21.83% |
| Q4 2014 | 2014-12-31 | 0.00 | −1.15 | −99.93% |
| Q3 2014 | 2014-09-30 | 0.90 | −0.36 | −28.79% |
| Q2 2014 | 2014-06-30 | 1.00 | −0.40 | −28.56% |
| Q1 2014 | 2014-03-31 | 1.12 | −0.44 | −28.24% |
| Q4 2013 | 2013-12-31 | 1.15 | −0.43 | −27.34% |
| Q3 2013 | 2013-09-30 | 1.26 | −0.90 | −41.62% |
| Q2 2013 | 2013-06-30 | 1.41 | −1.13 | −44.60% |
| Q1 2013 | 2013-03-31 | 1.56 | 1.02 | +189.15% |
| Q4 2012 | 2012-12-31 | 1.58 | 1.10 | +231.61% |
| Q3 2012 | 2012-09-30 | 2.16 | 1.32 | +159.36% |
| Q2 2012 | 2012-06-30 | 2.54 | 2.02 | +389.05% |
| Q1 2012 | 2012-03-31 | 0.54 | — | — |
| Q4 2011 | 2011-12-31 | 0.48 | 0.02 | +3.36% |
| Q3 2011 | 2011-09-30 | 0.83 | — | — |
| Q2 2011 | 2011-06-30 | 0.52 | — | — |
| Q4 2010 | 2010-12-31 | 0.46 | — | — |
Wabash National debt-to-equity ratio trends
Over the last five fiscal years, Wabash National's debt-to-equity ratio increased from 1.13 to 1.30, a change of 0.17. The latest reported quarter, Q2 2026, shows 1.79.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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