Winnebago Industries (WGO) Cash Flow: Operating & Free Cash Flow

Winnebago Industries (WGO) Cash Flow Statement

In fiscal 2025 (fiscal year ended Aug 31, 2025), Winnebago Industries generated $128.90M of operating cash flow and spent $39.40M on capital expenditures. That left free cash flow of $89.50M, down 9.5% from $98.90M a year earlier, or 3.2% of revenue. It returned $92.60M to shareholders through $38.90M in dividends and $53.70M in share buybacks.

Winnebago Industries Cash Flow Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for Winnebago Industries, Inc. (WGO) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Aug 2025	Aug 2024	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Operating Activities
Net Income	0.03	0.01	0.22	0.39	0.28	0.06	0.11	0.10	0.07
Depreciation & Amortization	0.06	0.06	0.05	0.05	0.03	0.04	0.02	0.02	0.03
Deferred Income Tax	0.00	0.01	0.02	-0.01	0.00	0.00	0.01	0.01	0.01
Stock Based Compensation	0.02	0.01	0.01	0.02	0.00	0.01	0.01	0.01	0.00
Change in Working Capital	0.01	-0.01	0.01	-0.11	-0.11	0.15	-0.02	-0.06	0.00
Change in Accounts Receivable	-0.01	-0.01	0.02	0.00	-0.03	-0.03	0.00	-0.01	-0.03
Change in Inventory	0.04	0.03	0.06	-0.17	-0.16	0.11	-0.01	-0.05	-0.01
Change in Accounts Payable	-0.01	0.00	-0.07	0.03	0.05	0.04	0.00	0.00	0.03
Change in Other Working Capital	-0.01	-0.03	-0.01	0.03	0.04	0.03	-0.01	0.00	0.00
Other Operating Activities	0.01	0.06	-0.01	0.06	0.03	0.02	0.01	0.01	-0.02
Net Cash from Operating Activities	0.13	0.14	0.29	0.40	0.24	0.27	0.13	0.08	0.10
Investing Activities
Capital Expenditures	-0.04	-0.05	-0.08	-0.09	-0.04	-0.03	-0.04	-0.03	-0.01
Acquisitions	0.00	0.00	-0.09	-0.23	0.01	-0.26	0.00	-0.08	-0.39
Other Investing Activities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash from Investing Activities	-0.03	-0.05	-0.17	-0.32	-0.03	-0.29	-0.04	-0.11	-0.41
Financing Activities
Debt Repayment	-0.16	0.05	-3.72	0.00	0.00	0.34	-0.04	0.01	0.28
Common Stock Repurchased	-0.05	-0.07	-0.06	-0.21	-0.05	0.00	-0.01	-0.01	0.00
Dividends Paid	-0.04	-0.04	-0.03	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01
Other Financing Activities	0.00	-0.02	-0.01	0.00	0.00	-0.05	0.00	0.00	-0.01
Net Cash from Financing Activities	-0.25	-0.08	-0.10	-0.24	-0.06	0.28	-0.06	-0.01	0.26
Summary
Net Change in Cash	-0.16	0.02	0.03	-0.15	0.14	0.26	0.04	-0.03	-0.05
Cash at Beginning of Period	0.33	0.31	0.28	0.43	0.29	0.04	0.00	0.04	0.09
Cash at End of Period	0.17	0.33	0.31	0.28	0.43	0.29	0.04	0.00	0.04
Free Cash Flow	0.09	0.10	0.21	0.31	0.19	0.24	0.09	0.05	0.08
Supplemental Disclosures
Interest Paid	0.03	0.03	0.02	0.02	0.02	-	-	-	-
Income Taxes Paid	0.00	0.01	0.06	0.14	0.09	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of May 31, 2026. Data sources and methodology

Frequently Asked Questions About Winnebago Industries Cash Flow

What is Winnebago Industries's free cash flow?

Winnebago Industries generated free cash flow of $89.50M in fiscal 2025 (fiscal year ended Aug 31, 2025), operating cash flow of $128.90M minus $39.40M of capital expenditures. That was down 9.5% from $98.90M a year earlier. Free cash flow equaled 3.2% of revenue.

How much does Winnebago Industries spend on capital expenditures?

Winnebago Industries spent $39.40M on capital expenditures in fiscal 2025, compared with $45.00M a year earlier. That equals 30.6% of operating cash flow.

Does Winnebago Industries pay dividends or buy back shares?

Yes. In fiscal 2025 Winnebago Industries returned $38.90M in dividends and $53.70M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition