Stacking Up WWW Against Its Peers – Is It Still a Buy?

WWW: Wolverine World Wide logo
WWW
Wolverine World Wide

Here is how Wolverine World Wide (WWW) stacks up against its peers in size, valuation, growth and margin.

  • WWW’s operating margin of 7.0% is modest, but lowest among peers; CROX has 24.2%.
  • WWW’s revenue growth of -2.8% in the last 12 months is negative, lagging CROX, SKX, SHOO, DECK, RCKY.
  • WWW gained 132.4% in the past year and trades at a PE of 26.9, outperforming its peers.

As a quick background, Wolverine World Wide provides design, manufacturing, sourcing, marketing, licensing, and distribution of casual, kids’, industrial, and uniform footwear, apparel, and accessories through two operational segments.

  WWW CROX SKX SHOO DECK RCKY
Market Cap ($ Bil) 2.3 4.7 9.5 1.9 16.1 0.2
Revenue ($ Bil) 1.8 4.1 9.4 2.3 5.0 0.5
PE Ratio 26.9 19.7 14.2 11.7 16.6 10.6
LTM Revenue Growth -2.8% 2.0% 12.1% 10.3% 16.3% -0.1%
LTM Operating Margin 7.0% 24.2% 8.9% 9.9% 23.6% 7.4%
LTM FCF Margin 7.0% 18.6% 0.7% 7.1% 19.2% 5.3%
12M Market Return 132.4% -36.0% 0.5% -35.5% -32.2% 1.6%

Why does this matter? WWW just went up 46.3% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell WWW Stock to see if Wolverine World Wide holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through WWW Dip Buyer Analysis lens.

While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.

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Revenue Growth Comparison

  LTM 2025 2024 2023 2022
WWW -2.8% -21.8% -16.5% 11.2%
CROX 2.0% 3.5% 11.5% 53.7%
SKX 12.1% 12.1% 7.5% 18.0%
SHOO 10.3% 15.2% -6.6% 13.7%
DECK 16.3% 16.3% 18.2% 15.1%  
RCKY -0.1% -1.7% -25.0% 19.7%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
WWW 7.0% 5.8% 1.2% 4.9%
CROX 24.2% 24.9% 26.2% 23.9%
SKX 8.9% 10.1% 9.8% 7.3%
SHOO 9.9% 10.4% 11.1% 13.5%
DECK 23.6% 23.6% 21.6% 18.0%  
RCKY 7.4% 6.8% 7.7% 7.2%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
WWW 17.0 37.1 -17.8 -4.6
CROX 23.9 6.8 7.2 12.3
SKX 14.2 16.0 17.7 17.5
SHOO 10.2 17.9 18.0 11.2
DECK 16.1 32.0 22.8 20.5  
RCKY 8.9 14.9 21.3 8.4

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.