Wolverine World Wide (WWW) FY2024 results: revenue $1.8 billion, down 21.8% on the year
Wolverine World Wide Inc. (WWW) reported revenue of $1.8 billion for fiscal 2024, the year ended 28 December 2024, down 21.8% on the year before. Net income was $45 million, and diluted earnings per share $0.55. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2025.
Revenue
$1.8 billion
-21.8% on the year
FY2017FY2024
Operating margin
5.6%
-3.0% a year earlier
FY2017FY2024
Net income
$45 million
FY2017FY2024
Diluted EPS
$0.55
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
180
122
-179
+47.9%
Capital expenditure
20.2
14.6
36.5
+38.4%
Free cash flow
160
107
-215
+49.2%
Free cash flow margin
9.1%
4.8%
-8.0%
Cash from investing
86.8
172
54.6
-49.4%
Cash from financing
-299
-246
107
Depreciation and amortisation
26.2
35.1
34.6
-25.4%
Share-based compensation
19.1
15.2
33.4
+25.7%
Buybacks
0.0
0.0
81.3
Dividends paid
32.5
32.6
32.8
-0.3%
Dividend per share
$0.40
$0.40
$0.40
0.0%
Diluted shares, weighted
80m
79m
80m
+0.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
313
279
321
+12.3%
Non-controlling interest
9.2
21.4
18.4
-57.0%
Debt
648
921
1,158
-29.6%
Operating lease liabilities
116
132
154
-12.4%
Other liabilities
588
710
842
-17.1%
Total liabilities and equity
1,674
2,063
2,493
-18.8%
Fixed assets
89.7
96.3
136
-6.9%
Goodwill
425
427
485
-0.6%
Intangible assets
31.5
34.9
67.4
-9.7%
Cash and equivalents
152
179
132
-15.0%
Receivables
209
231
242
-9.3%
Inventory
248
374
745
-33.7%
Other assets
519
721
686
-28.0%
Total assets
1,674
2,063
2,493
-18.8%
10-K for the year ended 28 December 2024, filed 20 February 2025: the filing.