F
Ford Motor Company
F has the edge over WGO overall, supported by stronger valuation and stronger modeled upside.
WGO
Winnebago Industries, Inc.
WGO offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
F Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
F's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
WGO Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Healthy | |
| Stable |
WGO's profitability and cash flow are currently healthy, and its balance sheet is stable, but its revenue is under pressure.
F PE Valuation
F has no meaningful PE right now: it lost money over the past year.
WGO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6x | $7.31 | -76% |
| Fair | 15x | $18.48 | -40% |
| Forward | 16x | $31.04 | — |
| Expensive | 26x | $31.82 | +2.5% |
| Current | 26x | $31.04 | — |
Historical ranges are pointers, not guarantees.
WGO's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its fair range.
F Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect F's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
WGO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect WGO's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
F Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.78 | — |
| Q3 2026 | -$1.97 | -270% |
| Q2 2026 | -$1.87 | -340% |
| Q1 2026 | -$1.55 | -224% |
| Q4 2025 | -$2.06 | -241% |
| Q3 2025 | $1.16 | +32% |
| Q2 2025 | $0.78 | -19% |
| Q1 2025 | $1.25 | +29% |
| Q4 2024 | $1.46 | +35% |
F has swung to a loss: it lost $1.97 per share over the past year, after a profit the year before.
WGO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.98 | +63% |
| Q3 2026 | $1.21 | +33% |
| Q2 2026 | $1.36 | +$1.81 |
| Q1 2026 | $1.47 | +$1.58 |
| Q4 2025 | $1.28 | +$1.80 |
| Q3 2025 | $0.91 | +107% |
| Q2 2025 | -$0.45 | -117% |
| Q1 2025 | -$0.11 | -103% |
| Q4 2024 | -$0.52 | -110% |
WGO has the edge over F on earnings quality, reporting a profit while its opponent remains loss making.
F Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.5B | -2% |
| Q2 2026 | $48.3B | -3.8% |
| Q1 2026 | $43.3B | +6.4% |
| Q4 2025 | $45.9B | -4.8% |
| Q3 2025 | $50.5B | +9.4% |
| Q2 2025 | $50.2B | +5% |
| Q1 2025 | $40.7B | -5% |
| Q4 2024 | $48.2B | +4.9% |
F has the edge over WGO on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.9% | -0.1 points |
| Q2 2026 | 1.3% | +0.3 points |
| Q1 2026 | 5.4% | +4.6 points |
| Q4 2025 | -25% | -28 points |
| Q3 2025 | 3.1% | +1.2 points |
| Q2 2025 | 1% | -2.9 points |
| Q1 2025 | 0.8% | -2.1 points |
| Q4 2024 | 2.5% | +3.1 points |
F has the edge over WGO on profitability, with a higher operating margin.
WGO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $645.1M | -17% |
| Q2 2026 | $698.7M | -9.9% |
| Q1 2026 | $657.4M | +6% |
| Q4 2025 | $702.7M | +12% |
| Q3 2025 | $777.3M | +7.8% |
| Q2 2025 | $775.1M | -1.4% |
| Q1 2025 | $620.2M | -12% |
| Q4 2024 | $625.6M | -18% |
WGO's revenue fell from its 2022 peak and has held roughly level since: $645M last quarter, down 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.7% | +0.1 points |
| Q2 2026 | 3.3% | -0.6 points |
| Q1 2026 | 1.8% | +0.5 points |
| Q4 2025 | 2% | +2.1 points |
| Q3 2025 | 2.6% | +5.1 points |
| Q2 2025 | 3.9% | -1.6 points |
| Q1 2025 | 1.3% | -3.8 points |
| Q4 2024 | -0.1% | -5.3 points |
WGO's operating margin was 2.7% last quarter, about level with the same quarter a year ago.
F Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.1B | -40% |
| Q2 2026 | $2B | -54% |
| Q1 2026 | -$1.1B | -157% |
| Q4 2025 | $1.1B | +108% |
| Q3 2025 | $5.3B | +50% |
| Q2 2025 | $4.2B | +24% |
| Q1 2025 | $1.9B | +$2.6B |
| Q4 2024 | $530M | +169% |
F has the edge over WGO on cash flow, with more consistent year-over-year improvement.
WGO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $135.2M | -21% |
| Q2 2026 | $18.7M | +$54.8M |
| Q1 2026 | -$29.1M | -$10.2M |
| Q4 2025 | $19.8M | +$46.5M |
| Q3 2025 | $171.2M | +480% |
| Q2 2025 | -$36.1M | -141% |
| Q1 2025 | -$18.9M | -233% |
| Q4 2024 | -$26.7M | +$6.5M |
WGO still generates free cash flow, though less than at its 2022 peak: $145M over the past year.
F Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +89M shares |
| 1 year | +0.7% | +28M shares |
| 3 years | +0.6% | +26M shares |
| 5 years | +1% | +40M shares |
| Available history | +1.8% | +72M shares |
F has 4.1B diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $311M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $150M |
F spent $311M buying back its own shares over the past year, up 107% from the year before.
WGO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.4% | +100K shares |
| 3 years | -20% | -7M shares |
| 5 years | -17% | -5.7M shares |
| Available history | -12% | -3.9M shares |
WGO has the edge over F on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $1.7M |
| Q3 2025 | $100,000 |
| Q2 2025 | — |
| Q1 2025 | $20M |
| Q4 2024 | $33.6M |
WGO spent $2M buying back its own shares over the past year, down 97% from the year before.
F Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.2x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
F has the edge over WGO on leverage, with a lower net debt burden relative to earnings.
WGO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 3.0x | Moderate |
| Q1 2026 | 2.9x | Moderate |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 6.5x | High |
| Q1 2025 | 5.2x | High |
| Q4 2024 | 3.6x | Elevated |
WGO's net debt is about 2.1 years of its operating earnings (EBITDA), down from 3.1 years a year ago.
F Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 19.6 | Oversold |
F's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
WGO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.5 | Neutral |
| Stochastic | 72.5 | Neutral |
WGO's weekly RSI is 53 (neutral) and its Stochastic is 72 (neutral).
F PE vs Consumer Cyclical Sector
| Metric | F | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
F has no meaningful PE right now: it lost money over the past year.
WGO PE vs Consumer Cyclical Sector
| Metric | WGO | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 18x | 42% above |
| PE % | 82 | 47 | 35 pts above |
WGO is trading at 26x earnings, a 42% premium to the Consumer Cyclical sector's median of 18x.
F Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.2 | 2.5% below |
| 20 week MA | $13.3 | 11% below |
| 50 week MA | $13.4 | 11% below |
| 100 week MA | $12.1 | 2% below |
| 200 week MA | $12.1 | 1.4% below |
F is in a downtrend: it's below all five of its weekly moving averages, and 1.4% below its 200-week average.
WGO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $27.8 | 12% above |
| 20 week MA | $29.3 | 5.8% above |
| 50 week MA | $33.8 | 8.2% below |
| 100 week MA | $35.1 | 12% below |
| 200 week MA | $48.6 | 36% below |
WGO has the edge over F on trend strength, trading above more of its moving averages.
F Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.36 | $8.86 | -5.3% |
| 2021 | $8.86 | $20.3 | +129% |
| 2022 | $20.3 | $11.4 | -44% |
| 2023 | $11.4 | $12.2 | +7.3% |
| 2024 | $12.2 | $10.0 | -18% |
| 2025 | $10.0 | $13.3 | +33% |
| 2026 YTD | $13.3 | $11.9 | -11% |
F has the edge over WGO on returns for 2026, with the stronger performance.
WGO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $53.2 | $65.3 | +23% |
| 2021 | $65.3 | $71.2 | +8.9% |
| 2022 | $71.2 | $53.3 | -25% |
| 2023 | $53.3 | $72.9 | +37% |
| 2024 | $72.9 | $46.9 | -36% |
| 2025 | $46.9 | $41.9 | -11% |
| 2026 YTD | $41.9 | $31.0 | -26% |
WGO has finished lower in three of the last six years. It's down 26% so far in 2026.