WinstonWınston
Back
Andersen logo

Andersen

ANDG
52
Specialty Business Services · Industrials
Price
$50.16
-0.16 (-0.32%)
Market Cap
$5.64B
Winston Score
52
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Strong
Cash Flow
Exceptional
Stability
Mixed
Valuation
Good

Winston Score History

The full picture

Andersen is a large home improvement company that sells and installs windows, doors, and related products for homes and buildings across North America. Its main customers are homeowners doing renovations as well as builders constructing new homes. The company owns well-known brands including Andersen Windows and Renewal by Andersen, making it one of the largest window and door manufacturers in the United States.

Andersen makes money primarily by selling its products directly to consumers through its Renewal by Andersen retail channel, as well as through dealers, distributors, and builders. It operates mainly in the United States and Canada, with a manufacturing base concentrated in the Midwest. The company's brand recognition and its vertically integrated model — where it both makes and installs products — give it some competitive advantage over smaller rivals. However, its business is closely tied to housing market activity, so rising interest rates or a slowdown in home sales and remodeling spending represents a meaningful risk to revenue growth.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+23.7% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+99.1% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

1.0%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$176M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

Andersen is a rare growth stock that's already generating positive cash flow while growing at 24%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

0.0% over 2y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 11.0M (2023) → 11.0M (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
0.0%
Thin — 0.0% gross margin
Profit after running costs
Operating Margin
-4.1%
Losing money on operations — -4.1%
Return on the money invested
ROCE
29.1%
Exceptional — 29.1% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+18.0%
Fast-growing sales (+18.0% YoY)
Profit growth
EPS YoY
+178.0%
Earnings growing fast (+178.0% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
563%
Turns 563% of profit into real cash
Spare cash per sale
FCF Margin
18.4%
Converts sales into free cash efficiently (18.4%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
13.17
Heavy debt load (13.17)
Covers its interest
Interest Cover
6.51x
Adequate interest coverage (6.5x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
4.7x
Attractive valuation — P/E 4.7

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
-22.0
SLOWING
Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial