WINGNasdaqRetail-Eating PlacesFiscal year ends December 26
Wingstop Inc.
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Jul 29, 2026
$132.75+1.03 (+0.78%)
Close on Oct 19, 2026
- Market cap
- $3.62B
- P/E (TTM)
- 31.5
- Dividend yield
- 0.86%
Margins
Share of revenue, fiscal years 2012 to 2025
Gross margin
86.2%+5.7 pts over 5 years
Operating margin
25.7%+2.7 pts over 5 years
Net margin
25.0%+15.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +11.4% | +24.9% | +22.9% | +24.5% | |
| Gross profit | +12.5% | +26.9% | +24.6% | +26.8% | |
| Operating income | +8.3% | +24.9% | +25.6% | +24.7% | |
| Net income | +60.3% | +48.8% | +49.5% | +32.9% | |
| EPS, diluted | +67.8% | +52.0% | +51.4% | +32.9% | |
| Free cash flow | -0.1% | +26.4% | +12.2% | +24.4% | |
| Dividend per share | +16.3% | +16.6% | -27.0% | -4.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -28.6% | -8.5% | -24.7% | |
| Return on assets | 11.8% | 12.3% | 24.7% | |
| Current ratio | 0.66 | 1.44 | 3.26 | |
| Debt to equity | -1.85 | -1.38 | -1.64 | |
| Net debt to EBITDA | 4.90× | 6.34× | 4.95× | |
| Inventory turnover | 124.1× | 136.7× | – | |
| Capex to revenue | 2.0% | 2.4% | 6.8% | |
| Diluted shares | 29M | 30M | 28M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Wingstop generated $557.39M from operations and spent $1.10B on capital expenditure, dividends and share buybacks. 17% of that went back into the business.
Generated
$557.39M
Used
$1.10B
Capital expenditure$192.16M17%Dividends$247.26M22%Share buybacks$661.92M60%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin25.0%
×Asset turnover0.99×
×Equity multiplier-1.00×
=Return on equity, FY2025-24.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 25.0% | 0.99× | -1.00× | -24.7% |
| FY2024 | 17.4% | 1.14× | -0.97× | -19.2% |
| FY2023 | 15.3% | 1.15× | -0.95× | -16.5% |
| FY2022 | 14.8% | 1.06× | -0.96× | -15.1% |
| FY2021 | 15.1% | 1.23× | -0.71× | -13.1% |
| FY2020 | 9.4% | 1.32× | -0.69× | -8.5% |
| FY2019 | 10.3% | 1.31× | -0.70× | -9.4% |
| FY2018 | 14.2% | 1.18× | -0.92× | -15.3% |
| FY2017 | 18.0% | 1.15× | -1.66× | -34.2% |
| FY2016 | 13.3% | 0.89× | -2.42× | -28.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$174.27M
- Cash generatingOperating cash flow above zero$153.07M
- Return on assets improvedROA up on the prior year28.8% → 24.3%
- Earnings backed by cashOperating cash flow above net income$153.07M vs $174.27M
- Less leverageLong-term debt to assets fell168.4% → 174.4%
- Better liquidityCurrent ratio rose4.52 → 3.26
- No dilutionShare count did not rise29M → 28M
- Gross margin improvedGross margin up on the prior year85.36% → 86.22%
- More efficientAsset turnover rose1.66 → 0.97