Wingstop WING
- Market cap
- $3.3B
- PE
- 28.4×
- 10y median 90.8×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 4.5×
- EV/EBIT
- 21.6×
- Revenue, 12 months
- $720.7M
- +8% on a year ago
- Net margin
- 16.2%
- Free cash flow yield
- 3.9%
Wingstop trades at 28.4× trailing earnings, cheaper than 98% of the last ten years. Revenue was $720.7M over the last twelve months, up 8% on a year earlier with a 16% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $117.1M+26% | $127.1M+21% | $145.8M+34% | $155.7M+45% | $162.5M+39% | $161.8M+27% | $171.1M+17% | $174.3M+12% | $175.7M+8% | $175.7M+9% | $183.7M+7% | $185.6M+6% | |
| Cost of revenue | $17.6M+12% | $19.7M+15% | $21.3M+27% | $22.7M+36% | $24.4M+38% | $23.3M+19% | $22.8M+7% | $24.4M+8% | $24.3M−0% | $24.5M+5% | $24.7M+8% | $25.1M+3% |
| Gross profit | $99.5M+29% | $107.4M+22% | $124.5M+35% | $133M+47% | $138.1M+39% | $138.5M+29% | $148.3M+19% | $149.9M+13% | $151.4M+10% | $151.2M+9% | $159M+7% | $160.5M+7% |
| SG&A | $23M+38% | $28.1M+53% | $25.2M+7% | $28.1M+27% | $32.3M+40% | $31.2M+11% | $31.4M+25% | $32.9M+17% | $30.7M−5% | $33.3M+7% | $34.4M+10% | $30.2M−8% |
| $30.7M+27% | $29.8M+3% | $42.7M+67% | $41.2M+56% | $39.8M+30% | $41.8M+40% | $38.3M−11% | $45.2M+10% | $49M+23% | $46.8M+12% | $50.4M+32% | $54.6M+21% | |
| Interest expense | $4.5M−21% | $4.9M−8% | $4.5M−1% | $5.2M+23% | $5.1M+14% | $6.4M+31% | $8.9M+96% | $8.5M+63% | $9.2M+79% | $9.2M+43% | $9.8M+10% | $9.8M+16% |
| Pre-tax income | $26.2M+45% | $25M+7% | $38.5M+84% | $36.5M+64% | $35.5M+36% | $36.7M+47% | $123.2M+220% | $36.8M+1% | $39.6M+12% | $37.6M+2% | $40.6M−67% | $44.7M+21% |
| $6.6M+42% | $6.2M+7% | $9.8M+86% | $9M+48% | $9.8M+47% | $10M+61% | $30.9M+217% | $10M+11% | $11.2M+14% | $10.8M+9% | $10.7M−65% | $13.4M+34% | |
| Net income | $19.5M+46% | $18.8M+7% | $28.7M+84% | $27.5M+70% | $25.7M+32% | $26.8M+42% | $92.3M+221% | $26.8M−3% | $28.5M+11% | $26.8M+0% | $29.9M−68% | $31.3M+17% |
| $0.65+44% | $0.64+9% | $0.98+89% | $0.93+72% | $0.88+35% | $0.92+44% | $3.24+231% | $0.96+3% | $1.02+16% | $0.96+4% | $1.08−67% | $1.15+20% | |
| 29.8M−1% | 29.5M−2% | 29.5M−2% | 29.5M−2% | 29.4M−2% | 29.2M−1% | 28.5M−3% | 28M−5% | 28M−5% | 27.8M−5% | 27.6M−3% | 27.3M−3% |
Revenue: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Gross profit: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them. 48 periods, Q2 FY14 to Q2 FY26: not printed by the filing, worked out from its own lines.
SG&A: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Operating income: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Interest expense: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Income tax: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Net income: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
EPS, diluted: 9 periods, Q1 FY14 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY14: share-days: the 6-month average less the second quarter's. 6 periods, Q4 FY14 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Restaurants nearest Wingstop's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| WINGWingstop | $3.3B | 28.4× | 90.8× | n/m | 4.5× | +8% | 16.2% |
| SHAKShake Shack | $2.8B | 69.3× | 94.7× | n/m | 1.8× | +17% | 2.6% |
| CAKECheesecake Factory | $5.4B | 29.4× | 18.8× | n/m | 1.4× | +6% | 4.6% |
| CAVACava | $6.2B | 97.2× | 124× | n/m | 4.5× | +27% | 4.8% |
| CBRLCracker Barrel Old Country Store | $1.5B | 48.3× | 18.9× | n/m | 0.5× | −5% | 1.0% |
| BROSDutch Bros | $7.2B | 57.6× | 130× | n/m | 3.9× | +30% | 4.9% |
| EATBrinker International | $7.6B | 16.8× | 14.4× | n/m | 1.3× | +8% | 8.4% |
| BJRIBJs RESTAURANTS INC | $1.2B | 30.2× | 25.0× | n/m | 0.8× | +4% | 2.9% |
| WENWendy's | $1.2B | 9.4× | 22.6× | n/m | 0.5× | −1% | 5.7% |
| SGSweetgreen | $1.2B | 98.2× | 71.0× | n/m | 1.7× | −1% | 2.0% |
| TXRHTexas Roadhouse | $10.9B | 26.5× | 28.4× | 23.2× | 1.7× | +10% | 6.6% |
| Peer median | $4.1B | 39.3× | 26.7× | 23.2× | 1.6× | +7% | 4.7% |
Investors who own it
Investors we follow who held Wingstop at the end of Jun 30, 2026, from their 13F filings.
- Ron BaronBaron Capital0.1% of portfolioadded
More on Wingstop
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #3of 39Restaurant stocks with the highest profit margins
- #4of 20Restaurant stocks cheapest against their own PE history
Its groups
About
- Industry
- Restaurants
- Sector
- Consumer Cyclical
Valuation data, not investment advice. Prices as of .