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Wabash National WNC · USD

Industrials · US listing · 🇺🇸 United States

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11.55

+5.87%

Close of 9 Nov 2026, in USD

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About Wabash National

From its filings with the US Securities and Exchange Commission

SEC filings

Wabash National is based in Lafayette, Indiana and is incorporated in Delaware. Its shares trade on NYSE under the ticker WNC. The SEC classifies its business as truck trailers. In the fiscal year to 31 December 2025, it reported revenue of $1.54bn and net income of $211.5m. At that date it held total assets of $1.17bn and shareholders' equity of $367.4m. By business, New trailers brought in 65.4% of revenue, followed by Equipment and other at 26.1% and Parts & Services at 8.3%.

In its own words

To that end, we design, manufacture, and service a diverse range of products supporting first-to-final mile operations, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. In addition, through Wabash Hub, customers gain access to a nationwide parts and service network, Trailers as a Service (TaaS)℠, and advanced tools designed to streamline operations and drive growth. We have achieved this diversification through acquisitions, organic growth, and product innovation.

We believe our position as a leader in our key industries is the result of longstanding relationships with our core customers, our demonstrated ability to attract new customers, our broad and innovative product lines, our engineering leadership, and our extensive dealer and preferred partner network. More importantly, we believe our leadership position is indicative of the Values and Leadership Principles that guide our actions.

Quoted from its 10-K, filed 18 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Machinery
Listed since
8 Nov 1991
Employees
4,700
Head office
3900 MCCARTY LANE, LAFAYETTE, IN, 47905
Incorporated in
DE
Classification
Truck Trailers
Filer status
Accelerated filer

Leadership

Pay as last reported

  • Mr. Larry MageeIndependent Chairman of the Board$343,855
  • Mr. Brent YeagyPresident, Chief Executive Officer, Director, since 2013$5.9m
  • Mr. Patrick KeslinChief Financial Officer, Senior Vice President$459,943
  • Mr. Donald WinstonChief Operating Officer, Senior Vice President, since 2025
  • Ms. M. Kristin GlaznerSenior Vice President, Chief Administrative Officer, Corporate Secretary$1.5m
  • Mr. Michael PettitSenior Vice President, Chief Growth Officer$2.0m
  • Mr. Drew SchwartzhoffSenior Vice President, Chief Commercial Officer
  • Ms. Therese BassettIndependent Director$246,015
  • Mr. John BossIndependent Director$243,015
  • Mr. Trent BrobergIndependent Director$236,015
  • Ms. Ann MurtlowIndependent Director$243,015
  • Mr. Sudhanshu PriyadarshiIndependent Director$241,935

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
69
Environment
43
Social
80
Governance
83
Direct emissions (scope 1)
25,732 t
Energy emissions (scope 2)
37,158 t
Women in the workforce
29.4%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Wabash National Corp has several key strengths that contribute to its success in the market. One of its main strengths is its strong brand image and reputation, which is built on its long history of manufacturing high-quality trailers and transportation equipment. This brand recognition helps Wabash National Corp to attract loyal customers and establish long-term relationships with them.
  • Another significant strength is the company's diverse product portfolio, which includes a wide range of trailers, truck bodies, and other transportation solutions. This diversity enables Wabash National Corp to cater to various customer needs and capture market share across different market segments.
  • Additionally, Wabash National Corp benefits from its robust manufacturing capabilities and efficient supply chain management. This allows the company to deliver products to customers in a timely manner and maintain a competitive edge in terms of cost and quality.

Weaknesses

  • Despite its strengths, Wabash National Corp also faces some weaknesses that need to be addressed. One weakness is its dependence on the North American market for a significant portion of its revenue. This makes the company vulnerable to economic fluctuations and changes in regulations that may impact the demand for its products.
  • Another weakness is the potential impact of raw material price fluctuations on the company's profitability. Wabash National Corp relies on various raw materials, such as steel and aluminum, in its manufacturing processes. Any significant increase in the prices of these raw materials could negatively affect the company's profit margins.
  • Furthermore, Wabash National Corp faces intense competition in the transportation equipment industry. Competitors can potentially offer similar products at competitive prices, which may challenge the company's market share and profitability.

Opportunities

  • Wabash National Corp can leverage several opportunities to further expand its market presence and enhance its financial performance. One significant opportunity is the increasing demand for sustainable and environmentally-friendly transportation solutions. By investing in research and development, the company can develop and offer innovative green technologies that align with market trends and attract eco-conscious customers.
  • Additionally, Wabash National Corp can explore international markets to diversify its revenue sources and reduce its dependence on the North American market. Expanding into emerging markets and partnering with local distributors can tap into new customer segments and increase the company's market reach.
  • The growing e-commerce industry also presents an opportunity for Wabash National Corp. With the continuous rise of online shopping, the demand for efficient and reliable transportation solutions, such as trailers and truck bodies, is expected to increase. The company can capitalize on this trend by offering specialized products and services tailored to the unique needs of e-commerce logistics.

Threats

  • Wabash National Corp faces certain threats that may hinder its growth and profitability. One major threat is the potential impact of global economic downturns or recessions. During times of economic instability, businesses and consumers may reduce their spending on transportation equipment, adversely affecting the company's sales and revenue.
  • Another threat is the possibility of stricter government regulations on emissions and fuel efficiency. As the industry shifts towards greener solutions, companies like Wabash National Corp may face increased compliance costs and the need for costly product modifications to meet evolving regulatory standards.
  • Lastly, intense competition from both domestic and international rivals poses a continuous threat to Wabash National Corp. Competitors may introduce innovative products, offer aggressive pricing strategies, or capture market share through strategic partnerships. The company needs to constantly invest in research and development and stay ahead of competitors to maintain its market position.

Sources and methodology

Data on this tab
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