WINMARK CORP
WINA· Nasdaq· Retail-Miscellaneous Retail
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 51.9%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +131.3%
We record prices for the companies we cover; WINA is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 3.7M
- Revenue
- $86.1M
- Free cash flow
- $44.7M
- Owner earnings
- $42.4M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 63.4%
- Net
- 48.4%
- Free cash flow
- 51.9%
- Owner earnings
- 49.3%
- Stock pay
- 2.7%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- –
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 1.9%
- Revenue, 5 yr
- 131.3%
- Revenue, 9 yr
- 2.9%
- Diluted EPS, 3 yr
- 1.0%
- Diluted EPS, 5 yr
- 7.9%
- Diluted EPS, 9 yr
- 9.2%
- Free cash flow, 3 yr
- 0.8%
- Free cash flow, 5 yr
- 0.7%
- Free cash flow, 9 yr
- 6.1%
Financial health · FY2025
- Cash and investments
- $10.3M
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 117.9%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -0.9%
Financials: ten years from the 10-Ks
Revenue
$86.1M
+2.9% a year over 9 years
FY2016FY2025
Margins
Operating63.4%Net48.4%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$44.7MOwner earnings$42.4M
Free cash flow +6.1% a year
FY2016FY2025
Diluted shares
3.7M
-14.9% over 9 years, net buybacks
FY2016FY2025
Return on invested capital
–
FY2025
FY2016FY2025
Net debt (below zero)
–
$36.3M more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $66.5M | $69.8M | $72.5M | $73.3M | $1.3M | $1.3M | $81.4M | $83.2M | $81.3M | $86.1M |
| Revenue growth | -4.2% | 4.9% | 3.9% | 1.1% | -98.2% | 0.0% | 6162.4% | 2.3% | -2.3% | 5.9% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 57.4% | 55.6% | 57.6% | 58.8% | 3093.2% | 3948.9% | 65.9% | 64.0% | 65.1% | 63.4% |
| Net income | $22.1M | $24.6M | $30.1M | $32.1M | $29.8M | $39.9M | $39.4M | $40.2M | $40.0M | $41.7M |
| Net margin | 33.3% | 35.2% | 41.5% | 43.9% | 2294.1% | 3070.8% | 48.4% | 48.3% | 49.2% | 48.4% |
| Diluted EPS | $5.11 | $5.66 | $7.26 | $7.84 | $7.72 | $10.48 | $10.97 | $11.04 | $10.89 | $11.30 |
| Return on invested capital? | – | – | – | 257.1% | 798.4% | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $26.3M | $25.2M | $34.9M | $50.6M | $43.2M | $48.3M | $43.8M | $44.0M | $42.2M | $44.9M |
| Capital expenditure | $68.6K | $72.6K | $693.5K | $169.4K | $45.1K | $74.7K | $139.1K | $383.9K | $194.9K | $192.3K |
| Free cash flow | $26.2M | $25.1M | $34.2M | $50.5M | $43.2M | $48.3M | $43.7M | $43.6M | $42.0M | $44.7M |
| Stock-based compensation | $1.8M | $2.0M | $2.0M | $1.7M | $1.3M | $1.4M | $1.7M | $2.0M | $2.0M | $2.3M |
| Owner earnings? | $24.4M | $23.2M | $32.3M | $48.8M | $41.9M | $46.8M | $42.0M | $41.7M | $40.0M | $42.4M |
| Free cash flow per share | $6.05 | $5.79 | $8.25 | $12.31 | $11.18 | $12.67 | $12.15 | $11.98 | $11.44 | $12.13 |
| Capital allocation | ||||||||||
| Dividends paid | $1.5M | $1.8M | $2.2M | $3.4M | $14.2M | $33.2M | $19.3M | $43.7M | $38.9M | $49.1M |
| Share repurchases | $1.6M | $49.9M | $1.8M | $24.0M | $49.0M | $44.2M | $49.1M | – | – | $2.4M |
| Diluted shares | 4.3M | 4.3M | 4.1M | 4.1M | 3.9M | 3.8M | 3.6M | 3.6M | 3.7M | 3.7M |
| Share count change? | -6.9% | 0.2% | -4.4% | -1.2% | -5.8% | -1.4% | -5.7% | 1.3% | 0.7% | 0.5% |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.3M | $1.1M | $2.5M | $25.1M | $6.7M | $11.4M | $13.6M | $13.4M | $12.2M | $10.3M |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | – | – | – | $25.7M | $21.9M | $47.7M | – | – | – | – |
| Net debt | – | – | – | $557.2K | $15.3M | $36.3M | – | – | – | – |
| Shareholders' equity | -$12.9M | -$35.7M | -$4.8M | $12.4M | -$11.4M | -$39.1M | -$61.6M | -$59.2M | -$51.0M | -$53.7M |
Latest filings
| 2026-10-14 | 10-Q | Quarterly report |
| 2026-10-14 | 8-K | Earnings release |
| 2026-07-15 | 10-Q | Quarterly report |
| 2026-07-15 | 8-K | Earnings release |
| 2026-04-15 | 10-Q | Quarterly report |
| 2026-04-15 | 8-K | Earnings release |
| 2026-03-04 | DEF 14A | Proxy statement |
| 2026-02-25 | 10-K | Annual report |
| 2026-02-18 | 8-K | Earnings release |
| 2025-10-15 | 8-K | Earnings release |
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