Skip to content
NASDAQ · RETAIL-MISCELLANEOUS RETAIL · LARGE CAP

Winmark Corp. WINA

16 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$86.1M
▲ 5.9% YoY
$41.7M
▲ 4.3% YoY
$44.7M
▲ 6.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

At December 27, 2025, there were 1,378 franchises in operation in the United States and Canada and over 2,800 available territories. The company was incorporated in Minnesota in 1988. The company began franchising the Plato's Closet brand in 1999. Play It Again Sports franchisees buy, sell and trade gently used and new sporting goods, equipment and accessories for a variety of athletic activities including team sports, fitness, ski/snowboard and golf among others. As of December 27, 2025, the company employed 87 employees, none of whom were covered by a collective bargaining agreement.

Written from the business description in Winmark Corporation's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth

USD 86.1M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 86.1 · Net income 41.7
40M80M
201020132016201920222025
Compound annual growth
+1.9%
+5.4%
+2.2%
+5.0%
+1.9%
+6.9%
+1.0%
+7.9%
+9.2%
+12.3%
+57.1%
+40.8%
+32.2%
−8.3%
−2.2%
−4.2%
+19.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.4% a year over the five years to FY2025 — but profit grew faster: net income at +6.9%, earnings per share at +7.9%.

The share count fell from 0.00B to 0.00B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

48 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 63.4% · Net 48.4%
20%40%60%
201020172025
ROE
FY2014 · ROE 67.2%
20%40%60%
201020172025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: 266%.

Cash & shareholders

USD 49.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 44.7
20M40M
201020172025
Net buybacks $M Dividends $M
FY2025 · Dividends 49.1 · Net buybacks -2.5
30M60MDividendsNet buybacks
201020122014201620182020202220242025

USD 49.1M in dividends — 118% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 24.9M
EquityUSD -53.7M
CashUSD 10.3M
Current ratio2.49×

Equity funds -216% of total assets.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
WINA, 16-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.0
Operating income $B0.10.10.10.10.10.00.00.00.00.00.00.00.00.00.00.0
EBITDA $B0.10.10.10.10.10.00.00.00.00.00.00.00.00.00.00.0
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Free cash flow $B0.00.00.00.00.00.00.10.00.00.00.00.00.00.00.00.0
EPS, diluted $11.3010.8911.0410.9710.487.727.847.265.665.114.693.853.482.472.691.98
Dividend / sh $◌◌3.102.551.600.800.900.560.430.370.270.230.190.150.11◌
Payout %11897109498348117776134520243
ROE %———————————67.265.048.848.544.9
Shares out B0.000.000.000.000.000.000.000.000.000.000.000.000.01◌0.000.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 64 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRetail-Miscellaneous Retail
Listed onNASDAQ
Incorporated inMinnesota
Fiscal year endsDecember 26
Data on record since2010

Share this section

Download image