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Wingstop (WING) Financials

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$134.88 -10.55 (-7.25%)
Closing price 04:00 PM Eastern
Extended Trading
$135.48 +0.59 (+0.44%)
As of 07:54 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Wingstop

Annual Income Statements for Wingstop

This table shows Wingstop's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/26/2015 12/31/2016 12/30/2017 12/29/2018 12/28/2019 12/26/2020 12/25/2021 12/31/2022 12/30/2023 12/28/2024 12/27/2025
Net Income / (Loss) Attributable to Common Shareholders		 10 14 24 22 20 23 43 53 70 109 181
Consolidated Net Income / (Loss)		 10 14 24 22 20 23 43 53 70 109 174
Net Income / (Loss) Continuing Operations		 10 14 24 22 20 23 43 53 70 109 174
Total Pre-Tax Income 		16 22 29 27 26 27 59 69 94 147 237
Total Operating Income		 20 27 34 39 43 57 74 92 113 166 179
Total Gross Profit		 56 78 105 121 159 200 225 294 389 534 601
Total Revenue		 78 103 133 153 200 249 283 358 460 626 697
Operating Revenue		 78 103 133 153 200 249 283 358 460 626 697
Total Cost of Revenue		 22 25 29 32 41 49 57 63 71 92 96
Operating Cost of Revenue		 22 25 29 32 41 49 57 63 71 92 96
Total Operating Expenses		 36 51 71 83 116 143 151 202 277 369 422
Selling, General & Admin Expense		 33 35 35 45 50 61 63 67 97 117 128
Marketing Expense		 - 14 32 34 60 77 84 123 167 233 262
Depreciation Expense		 2.68 3.01 3.38 4.31 5.48 7.52 7.94 11 13 19 25
Other Special Charges / (Income)		 - - - 0.00 - -3.09 -3.50 1.16 0.10 -1.04 6.54
Total Other Income / (Expense), net		 -3.87 -4.65 -5.13 -12 -17 -30 -15 -23 -18 -18 58
Interest & Investment Income		 -3.48 -4.40 -5.13 -10 -17 -17 -15 -21 -18 -21 -36
Other Income / (Expense), net		 -0.40 -0.25 0.00 - 0.00 0.00 0.14 -0.57 -0.06 2.87 94
Income Tax Expense		 5.74 8.19 4.80 5.21 5.29 3.64 16 16 24 38 63
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)		 - - - - - - - - -0.30 0.16 -6.85
Basic Earnings per Share		 $0.37 $0.48 $0.82 $0.74 $0.70 $0.79 $1.43 $1.77 $2.36 $3.72 $6.23
Weighted Average Basic Shares Outstanding		 27.50M 28.64M 29.03M 29.23M 29.42M 29.60M 29.77M 29.93M 29.34M 28.66M 27.48M
Diluted Earnings per Share		 $0.36 $0.47 $0.82 $0.73 $0.69 $0.78 $1.42 $1.77 $2.35 $3.70 $6.21
Weighted Average Diluted Shares Outstanding		 27.82M 28.98M 29.42M 29.59M 29.67M 29.80M 29.94M 29.93M 29.34M 28.66M 27.48M
Weighted Average Basic & Diluted Shares Outstanding		 27.30M 32.20M 33.30M 29.40M 29.46M 29.69M 29.84M 29.93M 29.34M 28.66M 27.48M
Cash Dividends to Common per Share		 $1.83 $2.90 $0.14 $6.54 $0.40 $5.50 $0.62 - $0.82 $0.98 $1.14

Quarterly Income Statements for Wingstop

This table shows Wingstop's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/30/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025 6/28/2025 9/27/2025 12/27/2025 3/28/2026
Net Income / (Loss) Attributable to Common Shareholders		 20 19 29 27 26 27 92 31 28 29 30
Consolidated Net Income / (Loss)		 20 19 29 27 26 27 92 27 28 27 30
Net Income / (Loss) Continuing Operations		 20 19 29 27 26 27 92 27 28 27 30
Total Pre-Tax Income 		26 25 38 36 35 37 123 37 40 38 41
Total Operating Income		 31 30 43 41 40 42 38 45 49 47 50
Total Gross Profit		 99 107 146 133 138 139 148 150 151 151 159
Total Revenue		 117 127 146 156 162 162 171 174 176 176 184
Operating Revenue		 117 127 146 156 162 162 171 174 176 176 184
Total Cost of Revenue		 18 20 0.00 23 24 23 23 24 24 24 25
Operating Cost of Revenue		 18 20 - 23 24 23 23 24 24 24 25
Total Operating Expenses		 69 78 103 92 98 97 110 105 102 104 109
Selling, General & Admin Expense		 23 28 25 28 32 31 31 33 31 33 34
Marketing Expense		 42 46 53 59 61 61 66 66 66 65 67
Depreciation Expense		 3.38 3.65 3.41 5.16 5.05 5.87 6.23 6.22 6.23 6.39 6.84
Other Special Charges / (Income)		 0.02 - 0.00 0.00 0.00 -1.04 6.54 0.00 0.00 - 0.00
Total Other Income / (Expense), net		 -4.50 -4.82 -4.24 -4.73 -4.33 -5.13 85 -8.47 -9.33 -9.23 -9.84
Interest & Investment Income		 -4.52 -4.89 -4.24 -4.73 -5.13 -6.42 -8.91 -8.47 -9.20 -103 -9.76
Other Income / (Expense), net		 0.02 0.07 - - 0.80 1.29 94 - -0.13 - -0.07
Income Tax Expense		 6.64 6.18 9.75 9.01 9.76 9.96 31 10 11 11 11
Basic Earnings per Share		 $0.66 $0.64 $0.98 $0.94 $0.88 $0.92 $3.25 $0.96 $1.02 $1.00 $1.09
Weighted Average Basic Shares Outstanding		 29.75M 29.34M 29.37M 29.30M 29.21M 28.66M 27.90M 27.92M 27.79M 27.48M 27.23M
Diluted Earnings per Share		 $0.65 $0.64 $0.98 $0.93 $0.88 $0.91 $3.24 $0.96 $1.02 $0.99 $1.08
Weighted Average Diluted Shares Outstanding		 29.82M 29.34M 29.37M 29.30M 29.21M 28.66M 27.90M 27.92M 27.79M 27.48M 27.23M
Weighted Average Basic & Diluted Shares Outstanding		 29.41M 29.34M 29.37M 29.30M 29.21M 28.66M 27.90M 27.92M 27.79M 27.48M 27.23M
Cash Dividends to Common per Share		 $0.22 - $0.22 $0.22 $0.27 - $0.27 $0.27 $0.30 - $0.30

Annual Cash Flow Statements for Wingstop

This table details how cash moves in and out of Wingstop's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/26/2015 12/31/2016 12/30/2017 12/29/2018 12/28/2019 12/26/2020 12/25/2021 12/31/2022 12/30/2023 12/28/2024 12/27/2025
Net Change in Cash & Equivalents		 0.97 -8.39 0.70 15 0.24 38 -4.36 151 -86 240 -131
Net Cash From Operating Activities		 14 22 27 39 39 66 49 76 122 158 153
Net Cash From Continuing Operating Activities		 14 22 27 39 39 66 49 76 122 158 153
Net Income / (Loss) Continuing Operations		 10 14 24 22 20 23 43 53 70 109 174
Consolidated Net Income / (Loss)		 10 14 24 22 20 23 43 53 70 109 174
Depreciation Expense		 2.68 3.01 3.38 4.31 5.48 7.52 7.94 11 13 19 25
Amortization Expense		 0.33 0.44 0.29 0.51 1.59 1.57 1.40 1.94 2.04 2.15 3.13
Non-Cash Adjustments To Reconcile Net Income		 1.16 1.23 1.85 5.20 6.97 19 6.13 6.18 16 21 -70
Changes in Operating Assets and Liabilities, net		 -0.41 3.43 -2.02 7.03 4.06 14 -9.26 4.28 20 6.23 20
Net Cash From Investing Activities		 -1.92 -2.06 -6.48 -10 -24 -7.99 -30 -29 -52 -62 -17
Net Cash From Continuing Investing Activities		 -1.92 -2.06 -6.48 -10 -24 -7.99 -30 -29 -52 -62 -17
Purchase of Property, Plant & Equipment		 -1.92 -2.06 -2.54 -3.98 -22 -6.05 -28 -24 -41 -52 -47
Acquisitions		 - - - - -1.25 -6.74 -4.88 -7.81 -11 -14 -19
Purchase of Investments		 - - - - 0.00 0.00 -4.16 -1.00 -0.81 -0.50 -77
Sale of Property, Plant & Equipment		 - - - 0.00 0.00 4.80 7.21 4.06 0.32 4.00 17
Sale and/or Maturity of Investments		 - - - - - - - - 0.00 0.00 108
Net Cash From Financing Activities		 -11 -28 -20 -14 -15 -19 -23 103 -155 145 -267
Net Cash From Continuing Financing Activities		 -11 -28 -20 -14 -15 -19 -23 103 -155 145 -267
Repayment of Debt		 -38 -110 -21 -374 -7.42 -352 -2.40 -8.47 -3.65 -8.83 0.00
Repurchase of Common Equity		 - - - - - - 0.00 0.00 -125 -315 -222
Payment of Dividends		 -48 -83 -4.07 -191 -12 -164 -20 -141 -25 -29 -32
Issuance of Debt		 40 165 3.50 551 5.00 496 0.00 250 0.00 500 0.00
Other Financing Activities, net		 0.48 0.49 1.32 0.33 -0.46 0.59 -1.17 3.00 -1.53 -2.87 -12
Cash Interest Paid		 3.41 4.78 4.84 7.60 17 15 15 20 23 23 52
Cash Income Taxes Paid		 5.36 7.23 10 2.95 5.41 7.26 10 14 28 39 27

Quarterly Cash Flow Statements for Wingstop

This table details how cash moves in and out of Wingstop's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/30/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025 6/28/2025 9/27/2025 12/27/2025 3/28/2026
Net Change in Cash & Equivalents		 -107 13 23 -13 1.04 228 -75 -26 13 -44 -52
Net Cash From Operating Activities		 36 38 45 36 69 7.74 25 6.58 64 57 61
Net Cash From Continuing Operating Activities		 36 38 45 36 69 7.74 25 6.58 64 57 61
Net Income / (Loss) Continuing Operations		 20 19 29 27 26 27 92 27 28 27 30
Consolidated Net Income / (Loss)		 20 19 29 27 26 27 92 27 28 27 30
Depreciation Expense		 3.38 3.65 3.41 5.16 5.05 5.87 6.23 6.22 6.23 6.39 6.84
Amortization Expense		 0.51 0.51 0.52 0.52 0.52 0.59 0.77 0.78 0.79 0.80 0.80
Non-Cash Adjustments To Reconcile Net Income		 3.15 5.54 3.81 4.93 7.27 5.01 -82 6.22 6.07 -1.49 2.42
Changes in Operating Assets and Liabilities, net		 9.23 9.34 8.17 -1.92 30 -30 8.14 -33 22 25 21
Net Cash From Investing Activities		 -11 -19 -12 -14 -25 -12 40 -24 -2.22 -32 -18
Net Cash From Continuing Investing Activities		 -11 -19 -12 -14 -25 -12 40 -24 -2.22 -32 -18
Purchase of Property, Plant & Equipment		 -11 -13 -11 -10 -14 -16 -8.02 -14 -2.22 -23 -18
Purchase of Investments		 - - -0.50 - - - -77 - - - 0.00
Sale of Property, Plant & Equipment		 - - 0.00 - - - 17 - - - 0.00
Sale and/or Maturity of Investments		 - - 0.00 - - - 108 - - - 0.00
Net Cash From Financing Activities		 -132 -6.47 -9.62 -36 -43 233 -140 -8.74 -48 -69 -95
Net Cash From Continuing Financing Activities		 -132 -6.47 -9.62 -36 -43 233 -140 -8.74 -48 -69 -95
Repurchase of Common Equity		 -125 -0.15 0.00 - -35 -250 -121 - -40 -61 -79
Payment of Dividends		 -6.60 -6.47 -6.61 -6.47 -7.90 -7.89 -8.05 -7.59 -8.38 -8.37 -8.50
Other Financing Activities, net		 0.20 0.16 -3.01 0.15 -0.23 0.22 -12 -1.15 0.11 0.15 -8.46

Annual Balance Sheets for Wingstop

This table presents Wingstop's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/26/2015 12/31/2016 12/30/2017 12/29/2018 12/28/2019 12/26/2020 12/25/2021 12/31/2022 12/30/2023 12/28/2024 12/27/2025
Total Assets		 121 112 120 140 166 212 249 424 378 716 693
Total Current Assets		 20 11 16 30 30 73 70 227 144 396 267
Cash & Equivalents		 11 3.75 4.06 12 13 41 49 184 90 316 197
Restricted Cash		 3.77 2.53 2.94 9.59 9.72 21 9.65 28 37 54 42
Accounts Receivable		 3.40 3.20 4.57 5.76 5.18 4.93 6.99 9.46 12 20 21
Prepaid Expenses		 1.75 1.63 4.33 2.06 2.45 5.53 4.93 4.25 4.95 6.52 7.96
Plant, Property, & Equipment, net		 4.59 5.00 5.83 8.34 28 28 55 67 91 126 131
Total Noncurrent Assets		 96 96 98 102 108 111 125 131 142 195 295
Long-Term Investments		 - - - - - - - - - 8.51 87
Goodwill		 45 45 47 50 50 54 57 63 68 75 84
Intangible Assets		 51 50 33 33 46 44 43 42 40 33 33
Other Noncurrent Operating Assets		 0.31 0.94 19 19 12 13 25 26 34 79 92
Total Liabilities & Shareholders' Equity		 121 112 120 140 166 212 249 424 378 716 693
Total Liabilities		 130 186 178 365 376 553 559 815 835 1,392 1,430
Total Current Liabilities		 13 17 19 26 33 50 40 62 71 87 82
Accounts Payable		 1.25 1.46 1.75 2.75 3.35 3.66 5.41 5.22 4.73 6.94 13
Other Current Liabilities		 11 12 14 21 26 43 34 50 66 81 69
Total Noncurrent Liabilities		 118 170 159 338 343 502 519 753 764 1,304 1,348
Long-Term Debt		 95 147 130 309 308 467 469 707 712 1,206 1,209
Noncurrent Deferred Revenue		 7.62 7.87 21 22 22 25 28 27 30 39 48
Noncurrent Deferred & Payable Income Tax Liabilities		 13 12 5.92 4.87 4.49 4.48 7.43 4.18 3.72 1.09 33
Other Noncurrent Operating Liabilities		 2.10 2.31 2.14 1.97 8.12 6.03 14 15 18 58 58
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -9.67 -75 -58 -225 -209 -341 -310 -391 -457 -676 -737
Total Preferred & Common Equity		 -9.67 -75 -58 -225 -209 -341 -310 -391 -457 -676 -737
Total Common Equity		 -9.67 -75 -58 -225 -209 -341 -310 -391 -457 -676 -737
Common Stock		 37 1.48 0.55 1.33 0.85 0.72 0.76 3.10 2.97 1.86 1.80
Retained Earnings		 -47 -76 -59 -226 -210 -342 -310 -393 -460 -677 -745
Accumulated Other Comprehensive Income / (Loss)		 - - - - - 0.00 -0.26 -0.64 -0.34 -0.50 6.35

Quarterly Balance Sheets for Wingstop

This table presents Wingstop's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/24/2022 4/1/2023 7/1/2023 9/30/2023 3/30/2024 6/29/2024 9/28/2024 3/29/2025 6/28/2025 9/27/2025 3/28/2026
Total Assets		 411 451 451 352 412 452 485 697 708 721 649
Total Current Assets		 223 249 238 133 171 163 166 324 313 320 217
Cash & Equivalents		 174 196 189 78 108 97 84 251 228 238 129
Restricted Cash		 35 40 33 37 45 43 58 48 47 48 57
Accounts Receivable		 8.83 10 11 12 14 16 17 18 28 19 24
Prepaid Expenses		 5.75 3.06 5.55 5.91 3.77 6.77 7.23 6.69 9.48 15 7.69
Plant, Property, & Equipment, net		 63 72 79 84 99 108 119 108 111 117 138
Total Noncurrent Assets		 125 130 134 134 142 181 199 265 285 284 294
Long-Term Investments		 - - - - - - - 76 83 84 88
Goodwill		 59 63 65 65 68 69 75 75 79 79 84
Intangible Assets		 42 41 41 41 40 40 39 33 33 33 33
Other Noncurrent Operating Assets		 24 26 28 29 34 73 85 81 90 88 89
Total Liabilities & Shareholders' Equity		 411 451 451 352 412 452 485 697 708 721 649
Total Liabilities		 818 831 817 827 847 889 932 1,412 1,394 1,424 1,448
Total Current Liabilities		 61 79 59 67 79 85 119 91 72 79 97
Accounts Payable		 3.50 6.85 6.11 5.10 6.44 5.75 10 7.90 3.30 11 9.36
Other Current Liabilities		 50 65 53 62 72 79 109 83 68 68 87
Total Noncurrent Liabilities		 757 752 758 760 768 805 813 1,321 1,323 1,345 1,351
Long-Term Debt		 708 705 711 712 713 713 714 1,207 1,208 1,208 1,210
Noncurrent Deferred Revenue		 27 28 28 29 32 33 37 42 43 47 51
Noncurrent Deferred & Payable Income Tax Liabilities		 6.76 3.38 3.15 2.98 5.63 4.63 2.10 14 14 31 33
Other Noncurrent Operating Liabilities		 15 15 15 16 18 54 61 58 59 58 57
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -407 -380 -365 -475 -434 -438 -447 -715 -686 -703 -799
Total Preferred & Common Equity		 -407 -380 -365 -475 -434 -438 -447 -715 -686 -703 -799
Total Common Equity		 -407 -380 -365 -475 -434 -438 -447 -715 -686 -703 -799
Common Stock		 1.29 1.11 2.34 1.53 1.21 2.16 1.81 1.57 4.07 1.34 0.49
Retained Earnings		 -407 -380 -367 -476 -435 -439 -449 -719 -698 -710 -804
Accumulated Other Comprehensive Income / (Loss)		 -0.98 -0.49 -0.36 -0.56 -0.37 -0.38 0.06 2.76 7.49 5.72 4.63

Annual Metrics And Ratios for Wingstop

This table displays calculated financial ratios and metrics derived from Wingstop's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/26/2015 12/31/2016 12/30/2017 12/29/2018 12/28/2019 12/26/2020 12/25/2021 12/31/2022 12/30/2023 12/28/2024 12/27/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 15.60% 32.52% 29.03% 14.90% 30.35% 24.61% 13.54% 26.56% 28.68% 36.03% 11.35%
EBITDA Growth		 5.99% 33.42% 25.99% 15.46% 15.28% 33.03% 25.21% 25.19% 22.67% 48.74% 58.41%
EBIT Growth		 7.45% 36.39% 28.54% 13.74% 11.35% 33.77% 28.75% 23.64% 23.18% 49.71% 62.02%
NOPAT Growth		 10.76% 32.67% 69.10% 10.14% 9.71% 45.60% 7.59% 31.48% 19.31% 46.01% 7.69%
Net Income Growth		 12.46% 36.25% 73.87% -9.28% -5.72% 13.82% 83.03% 24.12% 32.54% 54.92% 60.29%
EPS Growth		 5.88% 30.56% 74.47% -10.98% -5.48% 13.04% 82.05% 24.65% 32.77% 57.45% 67.84%
Operating Cash Flow Growth		 -3.55% 57.86% 25.39% 41.32% -0.48% 69.84% -25.41% 55.98% 59.50% 29.61% -2.88%
Free Cash Flow Firm Growth		 122.39% 31.10% 69.60% 13.39% -41.18% 206.09% -69.35% 226.74% 7.47% 34.76% 41.28%
Invested Capital Growth		 -1.34% -1.50% -2.71% -4.50% 21.61% -14.97% 51.56% 8.54% 16.00% 25.95% -4.07%
Revenue Q/Q Growth		 0.00% 18.51% -1.12% 3.58% 6.78% 4.23% 3.19% 10.11% 5.07% 5.88% 2.03%
EBITDA Q/Q Growth		 0.00% -2.30% 8.52% 1.31% 1.41% 2.92% 5.86% 17.18% 1.20% 8.90% 49.27%
EBIT Q/Q Growth		 0.00% -3.07% 9.04% 0.56% 0.50% 2.11% 6.14% 18.63% 1.08% 8.54% 56.61%
NOPAT Q/Q Growth		 0.00% -3.79% 25.67% -9.72% -0.37% 5.83% 6.45% 21.58% 0.86% 7.06% 2.49%
Net Income Q/Q Growth		 0.00% -7.70% 29.30% -20.65% 3.16% -28.86% 45.33% 25.33% 1.77% 7.88% 0.00%
EPS Q/Q Growth		 0.00% -7.84% 30.16% -21.51% 2.99% -29.09% 44.90% 26.43% 2.17% 7.87% 1.31%
Operating Cash Flow Q/Q Growth		 17.93% -0.90% 6.97% 1.52% 5.04% 15.42% -32.86% 58.86% 13.83% -16.04% 47.90%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 45.12% -13.77% -1.50% 8.95% -59.27% 82.34% 6.68% -20.08% 18.04%
Invested Capital Q/Q Growth		 0.00% -2.43% -7.28% -4.74% -3.72% -7.40% 33.11% 9.92% 5.38% 29.78% 7.80%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 71.50% 75.51% 78.44% 79.07% 79.41% 80.47% 79.68% 82.27% 84.64% 85.36% 86.22%
EBITDA Margin		 28.64% 28.84% 28.16% 28.30% 25.03% 26.72% 29.46% 29.14% 27.78% 30.38% 43.22%
Operating Margin		 25.29% 25.75% 25.41% 25.15% 21.49% 23.07% 26.11% 25.71% 24.47% 26.46% 25.73%
EBIT Margin		 24.78% 25.51% 25.41% 25.15% 21.49% 23.07% 26.16% 25.55% 24.46% 26.92% 39.17%
Profit (Net Income) Margin		 12.96% 13.33% 17.96% 14.18% 10.25% 9.37% 15.10% 14.81% 15.25% 17.37% 25.01%
Tax Burden Percent		 63.78% 62.71% 83.29% 80.66% 79.47% 86.50% 72.42% 76.39% 74.41% 73.86% 73.47%
Interest Burden Percent		 82.01% 83.32% 84.85% 69.89% 60.06% 46.95% 79.72% 75.87% 83.80% 87.36% 86.89%
Effective Tax Rate		 36.22% 37.29% 16.71% 19.34% 20.53% 13.50% 27.58% 23.62% 25.59% 26.14% 26.53%
Return on Invested Capital (ROIC)		 17.63% 23.72% 40.97% 46.81% 47.44% 68.03% 63.32% 66.26% 70.32% 84.61% 88.08%
ROIC Less NNEP Spread (ROIC-NNEP)		 14.56% 21.13% 37.82% 42.31% 42.73% 60.47% 60.69% 62.47% 67.81% 82.70% 93.05%
Return on Net Nonoperating Assets (RNNOA)		 -125.90% -56.39% -76.96% -62.15% -56.87% -76.50% -76.43% -81.38% -86.86% -103.80% -112.75%
Return on Equity (ROE)		 -108.28% -32.67% -35.99% -15.34% -9.43% -8.46% -13.11% -15.12% -16.55% -19.19% -24.68%
Cash Return on Invested Capital (CROIC)		 18.98% 25.24% 43.72% 51.42% 27.94% 84.22% 22.33% 58.06% 55.50% 61.64% 92.23%
Operating Return on Assets (OROA)		 16.14% 22.67% 29.25% 29.68% 28.05% 30.39% 32.07% 27.13% 28.06% 30.80% 38.73%
Return on Assets (ROA)		 8.44% 11.85% 20.67% 16.73% 13.39% 12.34% 18.52% 15.73% 17.50% 19.87% 24.72%
Return on Common Equity (ROCE)		 -108.28% -32.67% -35.99% -15.34% -9.43% -8.46% -13.11% -15.12% -16.55% -19.19% -24.68%
Return on Equity Simple (ROE_SIMPLE)		 -104.48% -18.45% -40.98% -9.66% -9.78% -6.83% -13.78% -13.55% -15.34% -16.09% 0.00%
Net Operating Profit after Tax (NOPAT)		 13 17 28 31 34 50 53 70 84 122 132
NOPAT Margin		 16.13% 16.15% 21.16% 20.29% 17.07% 19.95% 18.91% 19.64% 18.21% 19.55% 18.90%
Net Nonoperating Expense Percent (NNEP)		 3.06% 2.59% 3.16% 4.50% 4.71% 7.56% 2.62% 3.79% 2.50% 1.91% -4.97%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 21.72% 32.86% 23.05% 27.89%
Cost of Revenue to Revenue		 28.50% 24.49% 21.56% 20.93% 20.59% 19.53% 20.32% 17.73% 15.36% 14.64% 13.78%
SG&A Expenses to Revenue		 42.77% 33.44% 26.18% 29.10% 25.13% 24.55% 22.26% 18.76% 21.06% 18.66% 18.42%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 46.21% 49.76% 53.03% 53.92% 57.93% 57.41% 53.57% 56.55% 60.17% 58.89% 60.49%
Earnings before Interest and Taxes (EBIT)		 19 26 34 39 43 57 74 91 113 168 273
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 22 30 38 43 50 66 83 104 128 190 301
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 5.92 6.57 6.81 11.19 11.57 15.94 17.40 11.43 16.36 13.32 10.22
Price to Earnings (P/E)		 45.64 49.29 37.95 78.92 112.79 170.14 115.26 77.21 107.26 76.68 39.30
Dividend Yield		 0.00% 12.28% 0.45% 11.18% 0.51% 4.01% 0.38% 3.72% 0.32% 0.34% 0.45%
Earnings Yield		 2.19% 2.03% 2.64% 1.27% 0.89% 0.59% 0.87% 1.30% 0.93% 1.30% 2.54%
Enterprise Value to Invested Capital (EV/IC)		 7.65 11.79 15.24 30.89 32.93 65.22 52.42 41.60 63.39 56.91 54.64
Enterprise Value to Revenue (EV/Rev)		 6.95 7.97 7.76 13.08 13.01 17.58 18.86 12.84 17.63 14.66 11.48
Enterprise Value to EBITDA (EV/EBITDA)		 24.26 27.62 27.56 46.23 51.98 65.79 64.01 44.04 63.47 48.25 26.57
Enterprise Value to EBIT (EV/EBIT)		 28.04 31.23 30.55 52.01 60.55 76.21 72.10 50.23 72.09 54.45 29.31
Enterprise Value to NOPAT (EV/NOPAT)		 43.08 49.33 36.68 64.48 76.19 88.10 99.75 65.35 96.83 74.99 60.75
Enterprise Value to Operating Cash Flow (EV/OCF)		 39.09 37.62 37.72 51.68 67.33 66.74 109.00 60.20 66.71 58.20 52.28
Enterprise Value to Free Cash Flow (EV/FCFF)		 40.02 46.37 34.37 58.70 129.39 71.17 282.88 74.58 122.67 102.93 58.01
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -9.82 -2.02 -2.28 -1.39 -1.48 -1.38 -1.52 -1.83 -1.56 -1.79 -1.64
Long-Term Debt to Equity		 -9.82 -1.97 -2.22 -1.38 -1.47 -1.37 -1.52 -1.81 -1.56 -1.79 -1.64
Financial Leverage		 -8.64 -2.67 -2.04 -1.47 -1.33 -1.27 -1.26 -1.30 -1.28 -1.26 -1.21
Leverage Ratio		 -12.83 -2.76 -1.74 -0.92 -0.70 -0.69 -0.71 -0.96 -0.95 -0.97 -1.00
Compound Leverage Factor		 -10.52 -2.30 -1.48 -0.64 -0.42 -0.32 -0.56 -0.73 -0.79 -0.84 -0.87
Debt to Total Capital		 111.34% 198.08% 177.97% 358.59% 306.45% 364.12% 293.61% 220.90% 279.39% 227.32% 255.98%
Short-Term Debt to Total Capital		 0.00% 4.60% 4.67% 2.76% 3.15% 2.79% 0.00% 2.26% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 111.34% 193.48% 173.30% 355.83% 303.30% 361.34% 293.61% 218.64% 279.39% 227.32% 255.98%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 -11.34% -98.08% -77.97% -258.59% -206.45% -264.12% -193.61% -120.90% -179.39% -127.32% -155.98%
Debt to EBITDA		 4.25 5.06 3.55 7.19 6.22 7.08 5.64 6.85 5.57 6.34 4.01
Net Debt to EBITDA		 3.61 4.85 3.37 6.68 5.77 6.14 4.94 4.81 4.58 4.40 2.93
Long-Term Debt to EBITDA		 4.25 4.94 3.46 7.14 6.16 7.02 5.64 6.78 5.57 6.34 4.01
Debt to NOPAT		 7.55 9.03 4.73 10.03 9.12 9.48 8.79 10.17 8.50 9.86 9.18
Net Debt to NOPAT		 6.40 8.66 4.48 9.32 8.46 8.23 7.70 7.14 6.99 6.84 6.70
Long-Term Debt to NOPAT		 7.55 8.82 4.60 9.96 9.02 9.41 8.79 10.07 8.50 9.86 9.18
Altman Z-Score		 2.83 2.87 4.38 2.59 3.95 4.24 5.80 3.73 6.14 4.44 4.11
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.56 0.66 0.83 1.13 0.92 1.44 1.77 3.63 2.03 4.52 3.26
Quick Ratio		 1.12 0.42 0.45 0.69 0.55 0.91 1.40 3.11 1.45 3.84 2.65
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 14 18 30 34 20 61 19 62 66 89 138
Operating Cash Flow to CapEx		 723.76% 1,064.15% 1,082.25% 973.63% 171.59% 5,234.03% 234.83% 383.55% 300.15% 328.84% 508.34%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 23.11 0.00 4.50 0.00 75.60 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 26.25 0.00 4.80 0.00 93.66 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 23.55 0.00 4.70 0.00 69.24 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.65 0.89 1.15 1.18 1.31 1.32 1.23 1.06 1.15 1.14 0.99
Accounts Receivable Turnover		 26.96 31.30 34.33 29.65 36.51 49.25 47.39 43.46 42.07 39.03 34.43
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 18.98 21.54 24.63 21.63 11.04 8.92 6.85 5.89 5.82 5.76 5.43
Accounts Payable Turnover		 16.14 18.68 17.91 14.24 13.48 13.87 12.66 11.92 14.21 15.71 9.71
Days Sales Outstanding (DSO)		 13.54 11.66 10.63 12.31 10.00 7.41 7.70 8.40 8.68 9.35 10.60
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 22.62 19.54 20.38 25.63 27.07 26.32 28.84 30.61 25.69 23.24 37.60
Cash Conversion Cycle (CCC)		 -9.08 -7.88 -9.75 -13.32 -17.08 -18.91 -21.13 -22.21 -17.01 -13.89 -26.99
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 71 70 68 65 79 67 102 110 128 161 146
Invested Capital Turnover		 1.09 1.47 1.94 2.31 2.78 3.41 3.35 3.37 3.86 4.33 4.66
Increase / (Decrease) in Invested Capital		 -0.96 -1.07 -1.89 -3.06 14 -12 35 8.69 18 33 -6.21
Enterprise Value (EV)		 542 823 1,035 2,004 2,598 4,374 5,328 4,589 8,112 9,173 8,002
Market Capitalization		 461 679 908 1,714 2,309 3,965 4,917 4,088 7,527 8,336 7,119
Book Value per Share		 ($0.34) ($2.60) ($2.01) ($7.67) ($7.11) ($11.50) ($10.38) ($13.07) ($15.55) ($23.13) ($26.51)
Tangible Book Value per Share		 ($3.70) ($5.89) ($4.73) ($10.49) ($10.36) ($14.80) ($13.73) ($16.55) ($19.23) ($27.03) ($30.71)
Total Capital		 85 76 75 87 101 129 160 323 255 531 472
Total Debt		 95 151 133 312 311 471 469 714 712 1,206 1,209
Total Long-Term Debt		 95 147 130 309 308 467 469 707 712 1,206 1,209
Net Debt		 81 144 126 290 288 408 411 501 585 837 883
Capital Expenditures (CapEx)		 1.92 2.06 2.54 3.98 22 1.25 21 20 41 48 30
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -7.41 -8.40 -6.72 -16 -22 -36 -28 -41 -54 -61 -53
Debt-free Net Working Capital (DFNWC)		 7.05 -2.12 0.28 5.82 0.46 26 30 172 73 308 186
Net Working Capital (NWC)		 7.05 -5.62 -3.22 3.42 -2.74 22 30 164 73 308 186
Net Nonoperating Expense (NNE)		 2.47 2.92 4.27 9.36 14 26 11 17 14 14 -43
Net Nonoperating Obligations (NNO)		 81 144 126 290 288 408 411 501 585 837 883
Total Depreciation and Amortization (D&A)		 3.01 3.45 3.67 4.82 7.07 9.09 9.34 13 15 22 28
Debt-free, Cash-free Net Working Capital to Revenue		 -9.51% -8.13% -5.04% -10.62% -11.07% -14.63% -9.83% -11.58% -11.66% -9.79% -7.63%
Debt-free Net Working Capital to Revenue		 9.04% -2.05% 0.21% 3.80% 0.23% 10.35% 10.79% 47.99% 15.94% 49.24% 26.62%
Net Working Capital to Revenue		 9.04% -5.44% -2.41% 2.24% -1.37% 8.90% 10.79% 45.94% 15.94% 49.24% 26.62%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.37 $0.54 $0.94 $0.74 $0.70 $0.79 $1.43 $1.77 $2.36 $3.72 $6.23
Adjusted Weighted Average Basic Shares Outstanding		 27.50M 28.64M 29.03M 29.23M 29.42M 29.60M 29.77M 29.89M 29.77M 28.66M 27.48M
Adjusted Diluted Earnings per Share		 $0.36 $0.53 $0.93 $0.73 $0.69 $0.78 $1.42 $1.77 $2.35 $3.70 $6.21
Adjusted Weighted Average Diluted Shares Outstanding		 27.82M 28.98M 29.42M 29.59M 29.67M 29.80M 29.94M 29.96M 29.86M 28.66M 27.48M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 28.58M 28.86M 29.11M 29.33M 29.46M 29.69M 29.84M 29.93M 29.34M 28.66M 27.48M
Normalized Net Operating Profit after Tax (NOPAT)		 13 17 28 31 34 47 51 71 84 122 137
Normalized NOPAT Margin		 16.13% 16.15% 21.16% 20.29% 17.07% 18.88% 18.01% 19.89% 18.23% 19.42% 19.59%
Pre Tax Income Margin		 20.32% 21.25% 21.56% 17.58% 12.90% 10.83% 20.85% 19.39% 20.50% 23.52% 34.04%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 26.08 0.00 4.20 0.00 112.24 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 21.04 0.00 3.63 0.00 86.27 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 23.39 0.00 4.11 0.00 87.82 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 18.34 0.00 3.54 0.00 61.85 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 474.96% 604.75% 17.00% 878.20% 57.35% 702.79% 46.47% 266.83% 35.49% 26.55% 18.58%
Augmented Payout Ratio		 474.96% 604.75% 17.00% 878.20% 57.35% 702.79% 46.47% 266.83% 214.19% 315.99% 145.89%

Quarterly Metrics And Ratios for Wingstop

This table displays calculated financial ratios and metrics derived from Wingstop's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/30/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025 6/28/2025 9/27/2025 12/27/2025 3/28/2026
DEI Shares Outstanding		 - - - - - - - - - - 27,484,570.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 27,484,570.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 1.09
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 26.36% 21.16% 34.09% 45.28% 38.76% 27.36% 17.36% 11.97% 8.15% 8.57% 7.38%
EBITDA Growth		 27.38% 4.68% 62.02% 56.73% 33.65% 45.67% -3.01% 11.37% 20.90% 11.85% -58.32%
EBIT Growth		 28.92% 4.19% 68.89% 57.31% 32.43% 44.35% -10.48% 9.74% 20.23% 11.94% -61.90%
NOPAT Growth		 28.22% 3.25% 65.90% 61.43% 26.25% 35.83% -10.21% 6.06% 21.85% 9.33% 29.56%
Net Income Growth		 45.95% 6.92% 83.46% 69.86% 31.88% 42.20% 220.96% -2.63% 10.67% 0.03% -67.61%
EPS Growth		 44.44% 8.47% 88.46% 72.22% 35.38% 42.19% 230.61% 3.23% 15.91% 8.79% -66.67%
Operating Cash Flow Growth		 51.01% 64.01% 25.10% 194.87% 92.93% -79.55% -43.36% -81.81% -7.47% 640.31% 142.67%
Free Cash Flow Firm Growth		 129.13% -63.24% -81.19% 2,517.27% 1,351.89% -156.61% 884.06% -73.22% -10.02% 582.40% -53.27%
Invested Capital Growth		 20.99% 16.00% 29.10% 9.33% 2.26% 25.95% -6.61% 20.42% 9.40% -4.07% 17.03%
Revenue Q/Q Growth		 9.27% 8.50% 14.74% 6.80% 4.37% -0.42% 5.73% 1.89% 0.81% -0.02% 4.57%
EBITDA Q/Q Growth		 14.35% -1.51% 37.97% 0.86% -2.48% 7.34% -8.73% 15.41% 6.93% -3.29% 7.33%
EBIT Q/Q Growth		 15.73% -2.58% 44.05% -3.14% -2.57% 6.19% -11.29% 18.22% 7.96% -4.09% 7.48%
NOPAT Q/Q Growth		 18.91% -1.85% 42.18% -2.72% -7.01% 5.60% -6.01% 14.91% 6.84% -5.26% 11.39%
Net Income Q/Q Growth		 20.58% -3.57% 52.80% -4.39% -6.38% 3.97% 244.88% -70.99% 6.41% -6.03% 11.67%
EPS Q/Q Growth		 20.37% -1.54% 53.13% -5.10% -5.38% 3.41% 256.04% -70.37% 6.25% -2.94% 9.09%
Operating Cash Flow Q/Q Growth		 191.63% 5.80% 17.98% -18.99% 90.81% -88.78% 226.71% -73.98% 870.43% -10.27% 7.09%
Free Cash Flow Firm Q/Q Growth		 323.45% 166.73% -21.84% 418.89% 34.21% -110.40% 1,458.65% -85.88% 350.95% 68.23% -56.38%
Invested Capital Q/Q Growth		 -2.20% 5.38% -2.36% 8.65% -8.52% 29.78% -27.60% 40.08% -16.89% 7.80% -6.75%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 84.95% 84.51% 85.41% 85.44% 85.00% 85.59% 86.65% 86.00% 86.15% 86.07% 86.55%
EBITDA Margin		 29.52% 26.79% 32.22% 30.43% 28.43% 30.64% 26.45% 29.96% 31.78% 30.74% 31.56%
Operating Margin		 26.18% 23.47% 29.32% 26.47% 24.50% 25.86% 22.36% 25.95% 27.86% 26.66% 27.44%
EBIT Margin		 26.19% 23.52% 29.52% 26.78% 25.00% 26.65% 22.36% 25.95% 27.79% 26.66% 27.40%
Profit (Net Income) Margin		 16.66% 14.81% 19.72% 17.65% 15.84% 16.53% 53.93% 15.35% 16.21% 15.23% 16.27%
Tax Burden Percent		 74.61% 75.29% 74.67% 75.32% 72.51% 72.87% 74.90% 72.79% 71.86% 71.17% 73.65%
Interest Burden Percent		 85.26% 83.63% 89.44% 87.53% 87.37% 85.12% 321.97% 81.28% 81.16% 80.29% 80.60%
Effective Tax Rate		 25.39% 24.71% 25.33% 24.68% 27.49% 27.13% 25.10% 27.21% 28.14% 28.83% 26.35%
Return on Invested Capital (ROIC)		 77.10% 68.21% 98.15% 83.72% 85.50% 81.55% 90.26% 84.55% 105.15% 88.39% 113.22%
ROIC Less NNEP Spread (ROIC-NNEP)		 76.49% 67.54% 97.54% 83.05% 84.97% 81.03% 99.40% 83.69% 104.20% 87.63% 112.40%
Return on Net Nonoperating Assets (RNNOA)		 -95.73% -86.52% -124.11% -109.93% -107.58% -101.71% -120.30% -105.97% -127.76% -106.18% -131.20%
Return on Equity (ROE)		 -18.63% -18.31% -25.95% -26.22% -22.08% -20.15% -30.04% -21.42% -22.61% -17.79% -17.98%
Cash Return on Invested Capital (CROIC)		 55.90% 55.50% 61.61% 74.40% 90.80% 61.64% 105.89% 63.03% 89.87% 92.23% 93.73%
Operating Return on Assets (OROA)		 30.07% 26.98% 33.99% 32.36% 35.33% 30.49% 26.26% 29.96% 31.48% 26.36% 28.89%
Return on Assets (ROA)		 19.13% 16.99% 22.70% 21.33% 22.38% 18.91% 63.32% 17.73% 18.36% 15.06% 17.15%
Return on Common Equity (ROCE)		 -18.63% -18.31% -25.95% -26.22% -22.08% -20.15% -30.04% -21.42% -22.61% -17.79% -17.98%
Return on Equity Simple (ROE_SIMPLE)		 -14.50% 0.00% -19.17% -21.61% -22.52% 0.00% -24.09% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 23 22 32 31 29 30 29 33 35 33 37
NOPAT Margin		 19.53% 17.67% 21.89% 19.94% 17.77% 18.84% 16.75% 18.89% 20.02% 18.97% 20.21%
Net Nonoperating Expense Percent (NNEP)		 0.61% 0.67% 0.61% 0.67% 0.54% 0.53% -9.15% 0.87% 0.95% 0.77% 0.82%
Return On Investment Capital (ROIC_SIMPLE)		 - 8.80% - - - 5.75% 5.83% 6.31% 6.96% 7.06% 9.04%
Cost of Revenue to Revenue		 15.05% 15.49% 14.59% 14.56% 15.00% 14.41% 13.35% 14.00% 13.85% 13.93% 13.45%
SG&A Expenses to Revenue		 19.68% 22.10% 17.27% 18.05% 19.87% 19.30% 18.38% 18.89% 17.45% 18.96% 18.75%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 58.78% 61.04% 56.09% 58.96% 60.50% 59.73% 64.29% 60.05% 58.29% 59.41% 59.11%
Earnings before Interest and Taxes (EBIT)		 31 30 43 42 41 43 38 45 49 47 50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 35 34 47 47 46 50 45 52 56 54 58
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 12.28 16.36 21.65 22.73 20.40 13.32 9.86 14.48 10.12 10.22 5.98
Price to Earnings (P/E)		 77.96 107.26 129.29 131.19 119.64 76.68 37.28 55.03 38.60 39.30 35.75
Dividend Yield		 0.55% 0.32% 0.23% 0.21% 0.23% 0.34% 0.46% 0.31% 0.45% 0.45% 0.76%
Earnings Yield		 1.28% 0.93% 0.77% 0.76% 0.84% 1.30% 2.68% 1.82% 2.59% 2.54% 2.80%
Enterprise Value to Invested Capital (EV/IC)		 49.18 63.39 90.62 95.60 101.69 56.91 62.14 64.53 57.03 54.64 37.94
Enterprise Value to Revenue (EV/Rev)		 13.64 17.63 22.78 23.78 21.37 14.66 11.14 15.75 11.34 11.48 7.30
Enterprise Value to EBITDA (EV/EBITDA)		 47.29 63.47 77.66 79.65 72.34 48.25 39.02 55.18 38.40 26.57 23.54
Enterprise Value to EBIT (EV/EBIT)		 53.65 72.09 87.04 89.33 81.35 54.45 45.01 63.87 44.45 29.31 27.10
Enterprise Value to NOPAT (EV/NOPAT)		 71.91 96.83 117.38 119.87 110.52 74.99 60.59 86.46 60.28 60.75 37.39
Enterprise Value to Operating Cash Flow (EV/OCF)		 55.91 66.71 86.73 84.02 67.27 58.20 52.46 97.09 74.87 52.28 27.39
Enterprise Value to Free Cash Flow (EV/FCFF)		 96.34 122.67 165.77 134.23 113.25 102.93 56.68 111.87 66.30 58.01 43.65
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -1.50 -1.56 -1.64 -1.63 -1.60 -1.79 -1.69 -1.76 -1.72 -1.64 -1.51
Long-Term Debt to Equity		 -1.50 -1.56 -1.64 -1.63 -1.60 -1.79 -1.69 -1.76 -1.72 -1.64 -1.51
Financial Leverage		 -1.25 -1.28 -1.27 -1.32 -1.27 -1.26 -1.21 -1.27 -1.23 -1.21 -1.17
Leverage Ratio		 -0.86 -0.95 -1.06 -1.12 -0.91 -0.97 -0.96 -1.03 -1.05 -1.00 -0.89
Compound Leverage Factor		 -0.74 -0.79 -0.95 -0.98 -0.79 -0.82 -3.11 -0.84 -0.85 -0.80 -0.72
Debt to Total Capital		 301.10% 279.39% 256.02% 258.69% 268.05% 227.32% 245.34% 231.51% 238.93% 255.98% 294.60%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 301.10% 279.39% 256.02% 258.69% 268.05% 227.32% 245.34% 231.51% 238.93% 255.98% 294.60%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 -201.10% -179.39% -156.02% -158.69% -168.05% -127.32% -145.34% -131.51% -138.93% -155.98% -194.60%
Debt to EBITDA		 5.64 5.57 4.89 4.38 4.09 6.34 6.49 6.32 5.99 4.01 5.50
Net Debt to EBITDA		 4.73 4.58 3.84 3.52 3.27 4.40 4.48 4.44 4.16 2.93 4.25
Long-Term Debt to EBITDA		 5.64 5.57 4.89 4.38 4.09 6.34 6.49 6.32 5.99 4.01 5.50
Debt to NOPAT		 8.57 8.50 7.39 6.59 6.25 9.86 10.08 9.90 9.40 9.18 8.73
Net Debt to NOPAT		 7.19 6.99 5.80 5.29 5.00 6.84 6.95 6.96 6.52 6.70 6.75
Long-Term Debt to NOPAT		 8.57 8.50 7.39 6.59 6.25 9.86 10.08 9.90 9.40 9.18 8.73
Altman Z-Score		 3.76 5.41 7.97 8.73 8.08 3.86 2.80 4.36 3.11 3.03 1.60
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.97 2.03 2.17 1.93 1.40 4.52 3.56 4.37 4.05 3.26 2.24
Quick Ratio		 1.34 1.45 1.55 1.33 0.85 3.84 2.97 3.58 3.25 2.65 1.57
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1.80 4.80 3.75 19 26 -2.72 37 5.21 24 40 17
Operating Cash Flow to CapEx		 316.83% 301.91% 400.24% 351.21% 489.03% 47.34% 0.00% 45.84% 2,877.21% 250.94% 346.30%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.15 1.15 1.15 1.21 1.41 1.14 1.17 1.15 1.13 0.99 1.05
Accounts Receivable Turnover		 42.14 42.07 41.81 40.71 40.92 39.03 40.57 30.14 37.57 34.43 33.80
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 5.93 5.82 5.82 5.86 5.81 5.76 6.29 6.13 5.79 5.43 5.77
Accounts Payable Turnover		 15.83 14.21 11.32 13.70 11.42 15.71 15.96 25.67 10.91 9.71 11.34
Days Sales Outstanding (DSO)		 8.66 8.68 8.73 8.97 8.92 9.35 9.00 12.11 9.72 10.60 10.80
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 23.06 25.69 32.25 26.65 31.95 23.24 22.88 14.22 33.46 37.60 32.17
Cash Conversion Cycle (CCC)		 -14.40 -17.01 -23.52 -17.68 -23.03 -13.89 -13.88 -2.10 -23.74 -26.99 -21.38
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 121 128 125 136 124 161 117 163 136 146 137
Invested Capital Turnover		 3.95 3.86 4.48 4.20 4.81 4.33 5.39 4.48 5.25 4.66 5.60
Increase / (Decrease) in Invested Capital		 21 18 28 12 2.75 33 -8.26 28 12 -6.21 20
Enterprise Value (EV)		 5,973 8,112 11,323 12,978 12,629 9,173 7,252 10,549 7,748 8,002 5,181
Market Capitalization		 5,376 7,527 10,764 12,405 12,057 8,336 6,420 9,699 6,909 7,119 4,245
Book Value per Share		 ($15.86) ($15.55) ($14.80) ($14.90) ($15.27) ($23.13) ($24.94) ($24.59) ($25.16) ($26.51) ($29.08)
Tangible Book Value per Share		 ($19.39) ($19.23) ($18.47) ($18.59) ($19.17) ($27.03) ($28.69) ($28.60) ($29.17) ($30.71) ($33.32)
Total Capital		 236 255 278 276 266 531 492 522 506 472 411
Total Debt		 712 712 713 713 714 1,206 1,207 1,208 1,208 1,209 1,210
Total Long-Term Debt		 712 712 713 713 714 1,206 1,207 1,208 1,208 1,209 1,210
Net Debt		 597 585 559 573 572 837 832 849 838 883 936
Capital Expenditures (CapEx)		 11 13 11 10 14 16 -9.31 14 2.22 23 18
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -49 -54 -61 -62 -95 -61 -66 -34 -45 -53 -66
Debt-free Net Working Capital (DFNWC)		 66 73 92 78 47 308 233 241 241 186 120
Net Working Capital (NWC)		 66 73 92 78 47 308 233 241 241 186 120
Net Nonoperating Expense (NNE)		 3.36 3.63 3.17 3.56 3.14 3.74 -64 6.16 6.70 6.57 7.24
Net Nonoperating Obligations (NNO)		 597 585 559 573 572 837 832 849 838 883 936
Total Depreciation and Amortization (D&A)		 3.89 4.16 3.93 5.68 5.58 6.45 7.00 7.00 7.02 7.18 7.64
Debt-free, Cash-free Net Working Capital to Revenue		 -11.30% -11.66% -12.35% -11.31% -16.03% -9.79% -10.12% -5.03% -6.57% -7.63% -9.24%
Debt-free Net Working Capital to Revenue		 14.96% 15.94% 18.52% 14.34% 8.01% 49.24% 35.82% 36.02% 35.32% 26.62% 16.94%
Net Working Capital to Revenue		 14.96% 15.94% 18.52% 14.34% 8.01% 49.24% 35.82% 36.02% 35.32% 26.62% 16.94%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.66 $0.64 $0.98 $0.94 $0.88 $0.92 $3.25 $0.96 $1.02 $1.00 $1.09
Adjusted Weighted Average Basic Shares Outstanding		 29.75M 29.34M 29.35M 29.34M 29.27M 28.66M 27.90M 27.92M 27.79M 27.48M 27.23M
Adjusted Diluted Earnings per Share		 $0.65 $0.64 $0.98 $0.93 $0.88 $0.91 $3.24 $0.96 $1.02 $0.99 $1.08
Adjusted Weighted Average Diluted Shares Outstanding		 29.82M 29.34M 29.48M 29.46M 29.38M 28.66M 27.90M 27.92M 27.79M 27.48M 27.23M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 29.41M 29.34M 29.37M 29.30M 29.21M 28.66M 27.90M 27.92M 27.79M 27.48M 27.23M
Normalized Net Operating Profit after Tax (NOPAT)		 23 22 32 31 29 30 34 33 35 33 37
Normalized NOPAT Margin		 19.54% 17.67% 21.89% 19.94% 17.77% 18.37% 19.61% 18.89% 20.02% 18.97% 20.21%
Pre Tax Income Margin		 22.33% 19.67% 26.41% 23.44% 21.84% 22.69% 72.00% 21.09% 22.55% 21.40% 22.08%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 34.99% 35.49% 30.55% 27.65% 27.24% 26.55% 17.60% 18.32% 18.31% 18.58% 29.35%
Augmented Payout Ratio		 216.62% 214.19% 30.55% 191.17% 91.11% 315.99% 270.41% 255.17% 254.28% 145.89% 189.87%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for Wingstop (WING) based on the last four years of quarterly statements. The focus is on high-impact items for retail investors.

  • Revenue and profitability have trended up in 2025: Q4 2025 Operating Revenue reached 175.7 million, up from 161.8 million in Q4 2024 and 127.1 million in Q4 2023, signaling sustained top-line growth.
  • Gross margins remain strong and relatively stable: Q4 2025 Total Gross Profit was 151.2 million on 175.7 million in revenue (roughly 86% gross margin), with a slight improvement versus the prior year.
  • Operating income and net income improved in the latest quarter: Q4 2025 Operating Income was about 46.8 million and Net Income attributable to common shareholders was about 28.88 million, higher year-over-year.
  • Operating cash flow remained robust: Q4 2025 Net Cash From Continuing Operating Activities was 57.3 million, and positive CFO was sustained across the 2025 quarters, supporting investments and financing activity.
  • Liquidity in the latest period looks solid: in Q3 2025, Total Current Assets were 320.2 million vs. Total Current Liabilities of 78.0 million, implying a strong current ratio and cushion for short-term obligations.
  • Debt and leverage are high: Long-Term Debt around 1.21 billion (Q3 2025), with Total Equity negative in 2025 quarters, suggesting elevated leverage and potential balance-sheet risk if demand softens.
  • Negative shareholder equity persists: Total Common Equity values are negative in 2025 (for example, -702.6 million in Q3 2025), which reflects heavy share repurchases and accumulated losses and can affect financial flexibility.
  • Financing cash flows have been a cash outflow: quarterly net cash from continuing financing activities is negative due to share repurchases and dividends, indicating value returns to shareholders reduce cash held by the business.
  • Unusual quarter 2025 note: Q4 2025 shows a large negative Interest & Investment Income (-103.0 million), which depressed pretax income for that quarter, though other quarters show more typical results.
  • Investing cash outflows are meaningful and ongoing: net cash used in investing activities was negative (for example, -32.15 million in Q4 2025), driven by capital expenditures, acquisitions, and other investments that reduce free cash flow in the near term.
05/07/26 10:41 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Wingstop's Financials

When does Wingstop's fiscal year end?

According to the most recent income statement we have on file, Wingstop's financial year ends in December. Their financial year 2025 ended on December 27, 2025.

How has Wingstop's net income changed over the last 10 years?

Wingstop's net income appears to be on an upward trend, with a most recent value of $174.27 million in 2025, rising from $10.11 million in 2015. The previous period was $108.72 million in 2024. View Wingstop's forecast to see where analysts expect Wingstop to go next.

What is Wingstop's operating income?
Wingstop's total operating income in 2025 was $179.29 million, based on the following breakdown:
  • Total Gross Profit: $600.80 million
  • Total Operating Expenses: $421.50 million
How has Wingstop's revenue changed over the last 10 years?

Over the last 10 years, Wingstop's total revenue changed from $77.97 million in 2015 to $696.85 million in 2025, a change of 793.8%.

How much debt does Wingstop have?

Wingstop's total liabilities were at $1.43 billion at the end of 2025, a 2.8% increase from 2024, and a 997.4% increase since 2015.

How much cash does Wingstop have?

In the past 10 years, Wingstop's cash and equivalents has ranged from $3.75 million in 2016 to $315.91 million in 2024, and is currently $196.57 million as of their latest financial filing in 2025.

How has Wingstop's book value per share changed over the last 10 years?

Over the last 10 years, Wingstop's book value per share changed from -0.34 in 2015 to -26.51 in 2025, a change of 7,735.3%.


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Financial statements for NASDAQ:WING last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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