Stocktoria

WINMARK CORP WINA

Nasdaq · stock · Retail-Miscellaneous Retail · website · IPO 1993-08-25 · LEI

WINMARK CORP statistics & valuation

Market cap$1.4B
P / E34.7×
P / S16.8×
P / FCF32.4×
Dividend yield3.40%
Net margin48.4%
FCF margin51.9%
Return on capital284.1%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
33.30% 35.20% 41.50% 43.90% 45.10% 51.00% 48.40% 48.30% 49.20% 48.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
57.40% 55.60% 57.60% 58.80% 60.90% 65.60% 65.90% 64.00% 65.10% 63.40% 2016201720182019202020212022202320242025
Return on equity (%)
258.30% 2016201720182019202020212022202320242025
Shares outstanding
4.3M 4.3M 4.1M 4.1M 3.9M 3.8M 3.6M 3.6M 3.7M 3.7M 2016201720182019202020212022202320242025
Net debt ($)
$557200 $15.3M $36.3M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
45.60% 50.30% 64.60% 52.00% 95.20% 148.40% 129.40% 138.70% 148.80% 167.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
39.40% 36.00% 47.20% 68.90% 65.40% 61.70% 53.60% 52.40% 51.60% 51.90% 2016201720182019202020212022202320242025
Debt / equity (×)
2.06× 2016201720182019202020212022202320242025
EPS ($)
$5.11 $5.66 $7.26 $7.84 $7.72 $10.48 $10.97 $11.04 $10.89 $11.30 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

WINMARK CORP trades at about 30.6× earnings — above its 10-year norm (10-year range 20.6×–39.9×, median 25.4×).

20.6× 39.9×

Shaded band = 10-year range (20.6×–39.9×); dot = today's 30.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin63.4%65.1%64.0%65.9%65.6%60.9%58.8%57.6%55.6%57.4%
Net margin48.4%49.2%48.3%48.4%51.0%45.1%43.9%41.5%35.2%33.3%
FCF margin51.9%51.6%52.4%53.6%61.7%65.4%68.9%47.2%36.0%39.4%
Return on assets167.4%148.8%138.7%129.4%148.4%95.2%52.0%64.6%50.3%45.6%
Return on equity-77.6%-78.3%-67.9%-64.0%-102.1%-262.1%258.3%-626.5%-68.8%-171.7%
Debt / equity————-1.22×-1.93×2.06×———
Current ratio2.493.021.601.711.751.613.451.942.273.10

Computed from company filings · US · as of 2025-12-27. Facts plus Stocktoria's own computed scores — not investment advice.