Winmark Corporation (WINA)
Consumer Cyclical · NGM
Fundamentals
Valuation and ratings
Winmark Corporation trades at USD332.52, which is 53% above the USD155.58 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 59 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 34.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
WINA dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD1.98 | 2 |
| 2025 | USD13.78 | 4 |
| 2024 | USD11.00 | 4 |
| 2023 | USD12.50 | 4 |
| 2022 | USD5.55 | 4 |
| 2021 | USD9.10 | 4 |
| 2020 | USD3.80 | 4 |
| 2019 | USD0.900 | 4 |
| 2018 | USD0.560 | 4 |
| 2017 | USD0.430 | 4 |
| 2016 | USD0.370 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
WINA earnings and analyst estimates
Recommendation mix, 1 analyst rating
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Winmark Corporation
Winmark Corporation, a resale company, operates as a franchisor in the United States and Canada. It is involved in the operation of Plato's Closet, which franchisees buy and sell gently used clothing and accessories for the teenage and young adult market; Once Upon A Child, which franchisees buy and sell gently used and, to a lesser extent, new children's clothing, toys, furniture, equipment, and accessories; and Style Encore, which franchisees buy and sell gently used women's and men's apparel, shoes, and accessories. The company also operates Play It Again Sports, which franchisees buy, sell and trade gently used and new sporting goods, equipment, and accessories for various athletic activities, including team sports, fitness, ski and snowboard, and golf; Music Go Round, which franchisees buy, sell, and trade gently used and, to a lesser extent, new musical instruments, speakers, amplifiers, music-related electronics, and related accessories. In addition, it engages in the operation of a middle-market equipment leasing business under the Winmark Capital brand; and provision of point-of-sale system hardware to its franchisees and certain merchandise to its Play It Again Sports franchisees. The company was formerly known as Grow Biz International, Inc. and changed its name to Winmark Corporation in November 2001. Winmark Corporation was incorporated in 1988 and is headquartered in Minneapolis, Minnesota.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$88.02M · 0.1% of book
- Ken Fisher, Fisher Asset Management, LLC$40.78M · 0.0% of book
- Select Equity Group, Select Equity Group, L.P.$13.00M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$9.58M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$4.40M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Winmark Corporation (WINA) undervalued?
Against our discounted cash flow estimate of USD155.58, WINA at USD332.52 is 53% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own WINA?
5 of the institutions we track reported a position in WINA in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is WINA's P/E ratio?
WINA trades at 34.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Winmark Corporation (WINA) pay a dividend?
Yes. Winmark Corporation yields 1.09% at the current share price. It has paid USD13.90 per share over the trailing twelve months. It has paid a dividend in each of the last 16 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does WINA report earnings next?
Winmark Corporation is scheduled to report on 14 Oct 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for WINA, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.