Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Wolverine World Wide Inc.WWW · consumer nondurables
GradeSlothD/Eon the D/E boundary of 124 graded peers; percentile 83.7, sampling error 3.8 points; lower is stronger
Rank104 of 124
ProfitabilityCpercentile 53.6
SolvencyC/Dpercentile 59.0
Growth and financingDpercentile 73.5
Reliability0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025
Peer failure rate1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$591M to $2.67B assetstotal assets $1.7B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: short runway, distress
Inputs computable8 of 14
Graded fromfilings received through Feb 27, 2026224 days before the rescan; every figure keyed to the SEC receipt date
Last close$19.002026-10-08; market equity $1.6B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$20NovDecJanFebMarAprMayJunJulAugSepOctDD/EDED/E$19.00
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ4
Mar 21, 2014C45.1Q4
Mar 21, 2015B30.8Q4
Mar 21, 2016D68.5Q4
Mar 21, 2017C55.2Q4
Apr 21, 2017C/D58.4Q4
Jul 21, 2017C56.2Q4
Mar 21, 2018C/D61.3Q4
Mar 21, 2019E85.9Q4
Mar 21, 2021C52.7Q4
Mar 21, 2022D/E79.6Q4
Apr 21, 2022E84.6Q4
Feb 21, 2023D/E80.0Q4
Mar 21, 2023D67.8Q4
Jun 21, 2023C/D63.8Q4
Jan 21, 2024D63.9Q4
Feb 21, 2024C/D63.3Q4
Mar 21, 2024D/E82.0Q4
Apr 21, 2024D72.7Q4
Dec 21, 2025D/E76.5Q4
Feb 21, 2026D75.9Q4
Mar 21, 2026E86.0Q4
Jul 21, 2026D/E82.4Q4

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 27, 2026; the document on sec.gov.

Wolverine World Wide, Inc. (the “Company”) is a leading designer, marketer and licensor of a broad range of quality casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform shoes and boots. The Company’s products are marketed worldwide in approximately 170 countries and territories through owned operations in the United States ("U.S."), Canada, the United Kingdom ("U.K.") and certain countries in continental Europe and Asia Pacific.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 53.6
Gross profitability51.9%[1,3]29.8%20.71462026-01-03
Return on invested capitalnot computable5.6%
latest aligned inputs end 2022-01-01; latest annual assets end 2026-01-03
Accruals ratio(2.6%)[1,4-6](5.0%)69.71532026-01-03
Gross margin stability, five years3.0 pts[2-3,7-14]1.9 pts70.41162026-01-03
Solvency, sleeve percentile 59.0
Twelve-month failure probabilitynot computable0.03%
liabilities and a nearby cover-page share count are required at 2026-07-04
Altman Z double-primenot computable3.11
one or more required annual facts are missing
Net debt to EBITDAnot computable2.54x
latest aligned inputs end 2022-01-01; latest annual assets end 2026-01-03
Interest coveragenot computable2.51x
latest aligned inputs end 2012-12-29; latest annual assets end 2026-01-03
Current ratio1.40x[15-16]1.81x59.01572026-01-03
Growth and financing, sleeve percentile 73.5
Revenue growth, three-year compound(11.3%)[2,8,10,12]0.2%90.91332026-01-03
Free cash flow growth, three-year compoundnot computable14.9%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment rate27.5%[15-23]10.7%42.0702026-01-03
Asset growth, three years(11.8%)[1,6,24-25]0.5%87.21342026-01-03
Net share issuance, one year1.2%[26-27]0.05%73.81042026-02-06

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.285; sampling error 3.8 percentile points on 124 peers.

Among 124 Peers [top]

ABCDEMNST, Monster Beverage Corp.; A, percentile 6.5; market equity $85.5B; warnings: fortress balance sheetMNSTCTAS, Cintas Corp.; A/B, percentile 18.7; market equity $79.9BCTASPEP, Pepsico Inc.; B, percentile 30.1; market equity $174.9BPEPKO, Coca Cola Co.; B/C, percentile 39.0; market equity $377.6BKOPM, Philip Morris International Inc.; C, percentile 46.3; market equity $312.5BPMMO, Altria Group, Inc.; C, percentile 48.0; market equity $119.3BMOWWW 83.7strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
99Callaway Golf Co. (CALY)

Callaway Golf Co. (CALY)

D/Eon the D/E boundary; percentile 79.7

NYSE · Sporting & Athletic Goods, NEC

market equity $2.5B; last close $13.87

No active warnings; 9 of 14 inputs

79.7D/E
100Primo Brands Corp. (PRMB)

Primo Brands Corp. (PRMB)

D/Eon the D/E boundary; percentile 80.5

NYSE · Beverages

market equity $7.0B; last close $19.35

No active warnings; 8 of 14 inputs

80.5D/E
101Keurig Dr Pepper Inc. (KDP)

Keurig Dr Pepper Inc. (KDP)

D/Eon the D/E boundary; percentile 81.3

Nasdaq · Beverages

market equity $42.5B; last close $31.27

No active warnings; 10 of 14 inputs

81.3D/E
102Westrock Coffee Co. (WEST)

Westrock Coffee Co. (WEST)

D/Eon the D/E boundary; percentile 82.1

Nasdaq · Beverages

market equity $799.6M; last close $8.18

No active warnings; 9 of 14 inputs

82.1D/E
103B&G Foods, Inc. (BGS)

B&G Foods, Inc. (BGS)

D/Eon the D/E boundary; percentile 82.9

NYSE · Food and Kindred Products

market equity $212.9M; last close $2.63

No active warnings; 11 of 14 inputs

82.9D/E
104Wolverine World Wide Inc. (WWW)

Wolverine World Wide Inc. (WWW)

D/Eon the D/E boundary; percentile 83.7

NYSE · Footwear, (No Rubber)

market equity $1.6B; last close $19.00

No active warnings; 8 of 14 inputs

83.7D/E
105Unifi Inc. (UFI)

Unifi Inc. (UFI)

Eweakest fifth; percentile 84.6

NYSE · Textile Mill Products

market equity $114.9M; last close $6.17

No active warnings; 10 of 14 inputs

84.6E
106Molson Coors Beverage Co. (TAP)

Molson Coors Beverage Co. (TAP)

Eweakest fifth; percentile 85.8

NYSE · Malt Beverages

last close $37.92

No active warnings; 9 of 14 inputs

85.8E
107Molson Coors Beverage Co. (TAP-A)

Molson Coors Beverage Co. (TAP-A)

Eweakest fifth; percentile 85.8

NYSE · Malt Beverages

last close $40.31

No active warnings; 9 of 14 inputs

85.8E
108Tyson Foods, Inc. (TSN)

Tyson Foods, Inc. (TSN)

Eweakest fifth; percentile 87.0

NYSE · Poultry Slaughtering and Processing

last close $52.34

No active warnings; 10 of 14 inputs

87.0E
109USA Today Co., Inc. (TDAY)

USA Today Co., Inc. (TDAY)

Eweakest fifth; percentile 87.8

NYSE · Newspapers: Publishing or Publishing & Printing

market equity $1.0B; last close $6.98

No active warnings; 7 of 14 inputs

87.8E
Peer policyLetterPercentilePeers
all graded filers, equal sleevesE84.02204
sector peers, equal sleeves (the grade)D/E83.7124
same exchange, equal sleevesE82.8984
sector peers, equal inputsE91.1124

Each letter is one fifth of the 124 graded peers, about 24 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(26.5%)(0.2%)18hotter than 18 of 100 peers
Distance from 52-week high(31.3%)(24.8%)35closer to its high than 35 of 100 peers
EBIT to enterprise value7.5%4.1%76pricier than 24 of 100 peers
Free cash flow yield8.0%4.8%69pricier than 31 of 100 peers
Book value to price0.290.5727pricier than 73 of 100 peers
Sales to price1.201.2049pricier than 51 of 100 peers
Composite equity issuance, five years(14.0%)(16.3%)55more equity-funded than 55 of 100 peers
Relative strength against the sector, log excess return(0.40)(0.10)18ahead of 18 of 100 peers

Inputs: market equity $1.6B; EBIT $150.2M; free cash flow $125.5M; book equity $449.2M; sales $1.9B; debt $601.1M; cash $161.7M[28].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 7 of 9, period end 2026-01-03
Return on assets above zero5.7%✓ pass[4,6]
Operating cash flow above zero$140.0M✓ pass[5]
Return on assets improved3.5 pts✓ pass[4,6,24,29]
Operating cash flow exceeds net income$44.2M✓ pass[4-5]
Long-term leverage fell1.9 pts✗ fail[1,6,24,30-31]
Current ratio improved9.5 pts✓ pass[15-16,22-23]
No new shares issued1.2%✗ fail[26-27]
Gross margin improved3.0 pts✓ pass[2-3,7-8]
Asset turnover improved26.9 pts✓ pass[2,6,8,24]
Cash, filings, liquidity
Cash and equivalentsn/a
Operating cash flow, four quartersn/a[5,32-35]
Months of runwaynot finite
cash is missing at the end of the latest cash-flow quarter
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing57
10-Q received Aug 13, 2026
Median daily dollar volume$13.9M
63 sessions
Days since newest grade input224

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$1.7B2026-01-032026-02-2710-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.9B2026-01-032026-02-2710-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$886.7M2026-01-032026-02-2710-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$95.8M2026-01-032026-02-2710-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$140.0M2026-01-032026-02-2710-Kfiling · viewer · series
6assetsus-gaap:Assets$1.7B2024-12-282026-02-2710-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$778.0M2024-12-282026-02-2710-Kfiling · viewer · series
8revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.8B2024-12-282026-02-2710-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$873.9M2023-12-302026-02-2710-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.2B2023-12-302026-02-2710-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$1.1B2022-12-312025-02-2010-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.7B2022-12-312025-02-2010-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$1.0B2022-01-012024-02-2210-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.4B2022-01-012024-02-2210-Kfiling · viewer · series
15current assetsus-gaap:AssetsCurrent$729.4M2026-01-032026-02-2710-Kfiling · viewer · series
16current liabilitiesus-gaap:LiabilitiesCurrent$521.1M2026-01-032026-02-2710-Kfiling · viewer · series
17capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$14.5M2026-01-032026-02-2710-Kfiling · viewer · series
18depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$25.9M2026-01-032026-02-2710-Kfiling · viewer · series
19operating incomeus-gaap:OperatingIncomeLoss$150.2M2026-01-032026-02-2710-Kfiling · viewer · series
20pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$121.5M2026-01-032026-02-2710-Kfiling · viewer · series
21income taxus-gaap:IncomeTaxExpenseBenefit$20.5M2026-01-032026-02-2710-Kfiling · viewer · series
22current assetsus-gaap:AssetsCurrent$695.7M2024-12-282026-02-2710-Kfiling · viewer · series
23current liabilitiesus-gaap:LiabilitiesCurrent$533.1M2024-12-282026-02-2710-Kfiling · viewer · series
24assetsus-gaap:Assets$2.1B2023-12-302025-02-2010-Kfiling · viewer · series
25assetsus-gaap:Assets$2.5B2022-12-312024-02-2210-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding81,315,2872026-02-062026-02-2710-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding80,371,5662025-02-072025-02-2010-Kfiling · viewer · series
28shares outstandingdei:EntityCommonStockSharesOutstanding82,066,3392026-07-272026-08-1310-Qfiling · viewer · series
29net incomeus-gaap:NetIncomeLoss$45.2M2024-12-282026-02-2710-Kfiling · viewer · series
30long term debtus-gaap:LongTermDebtNoncurrent$546.7M2026-01-032026-02-2710-Kfiling · viewer · series
31long term debtus-gaap:LongTermDebtNoncurrent$568.0M2024-12-282026-02-2710-Kfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$3.4M2026-07-042026-08-1310-Qfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$83.2M2026-04-042026-05-1410-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$6.2M2025-09-272025-11-0610-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$39.2M2025-06-282026-08-1310-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 83.7 is 3.7 points from the nearest band edge; sampling error is 3.8 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.