Wingstop Inc. WING

Consumer discretionary SIC 5812 - Retail-Eating Places NAICS Accommodation and Food Services › Food Services and Drinking Places › Restaurants and Other Eating Places derived Nasdaq

Throughout this report, unless the context indicates otherwise, Wingstop Inc. (NASDAQ: WING) and its consolidated subsidiaries are referred to as the "Company," "Wingstop," or in the first-person notations of "we," "us," and "our."

Wingstop is the largest fast casual chicken wings-focused restaurant chain in the world, with more than 3,050 locations worldwide. The first Wingstop opened in Garland, Texas in 1994, and we began franchising Wingstop restaurants in 1997. Since 2015, Wingstop Inc.'s common stock has traded on the Nasdaq Global Select Market under the symbol "WING." We are dedicated to serving the world flavor through an unparalleled guest experience and offering of classic wings, boneless wings, tenders, and chicken sandwiches, always cooked to order, and hand-sauced-and-tossed in 12 bold, distinctive flavors.

Last close 119.54 2026-10-23
Market cap $3.26B 2026-06-27 share count
52-week range 95.82 - 302.80

Valuation FY2025 figures against the last close

P/S4.7x
P/E19.2x
P/FCF30.8x
EV/EBITDA20.9x
Dividend yield1.0%
Diluted EPS6.21

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $696.9M$625.8M$460.1M$357.5M$282.5M$248.8M$199.7M$153.2M$133.3M$103.3M
Cost of revenue —$91.6M$70.6M$63.4M$57.4M$48.6M$41.1M$32.1M$28.7M$25.3M
Gross profit —$534.2M$389.4M$294.1M$225.1M$200.2M$158.6M$121.1M$104.6M$78.0M
SG&A $128.4M$116.8M$96.9M$67.1M$62.9M$61.1M$50.2M$44.6M$34.9M$34.6M
Total operating expenses ———————$114.7M$99.4M$76.7M
Operating income $179.3M$165.6M$112.6M$91.9M$73.8M$57.4M$42.9M$38.5M$33.9M$26.6M
Pre-tax income $237.2M$147.2M$94.3M$69.3M$58.9M$26.9M$25.8M$26.9M$28.7M$22.0M
Income tax $62.9M$38.5M$24.1M$16.4M$16.2M$3.6M$5.3M$5.2M$4.8M$8.2M
Net income $174.3M$108.7M$70.2M$52.9M$42.7M$23.3M$20.5M$21.7M$23.9M$13.8M
EPS, basic 6.233.722.361.771.430.790.700.740.820.48
EPS, diluted 6.213.702.351.771.420.780.690.730.820.47
Shares, diluted (wtd. avg.) 28.1M29.4M29.9M30.0M29.9M29.8M29.7M29.6M29.4M29.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $196.6M$315.9M$119.7M$205.7M$54.9M$59.3M$21.2M$20.9M$6.4M$5.7M
Receivables $20.8M$19.7M$12.4M$9.5M$7.0M$4.9M$5.2M$5.8M$4.6M$3.2M
Inventory ——$535.0K$389.0K$484.0K$396.0K$315.0K$299.0K$216.0K$226.0K
Total current assets $267.5M$395.6M$144.3M$226.7M$70.1M$72.6M$30.2M$29.9M$15.9M$11.1M
Property, plant and equipment $130.6M$126.0M$91.3M$66.9M$54.5M$27.9M$27.8M$8.3M$5.8M$5.0M
Goodwill $83.9M$74.7M$67.7M$62.5M$56.9M$53.7M$50.2M$49.7M$46.6M$45.1M
Other intangibles $56.9M$52.1M$48.7M$46.1M$46.2M$49.3M$49.1M$50.9M$50.4M$49.6M
Total assets $693.4M$716.2M$377.8M$424.2M$249.2M$211.6M$166.1M$139.7M$119.8M$111.8M
Accounts payable $12.8M$6.9M$4.7M$5.2M$5.4M$3.7M$3.3M$2.8M$1.8M$1.5M
Short-term debt $0$0$0$7.3M$0$3.6M$3.2M$2.4M$3.5M$3.5M
Total current liabilities $82.0M$87.4M$71.0M$62.4M$39.7M$50.5M$32.9M$26.5M$19.1M$16.7M
Long-term debt $1.21B$1.21B$712.3M$706.8M$469.4M$466.9M$307.7M$309.4M$129.8M$147.2M
Total liabilities $1.43B$1.39B$835.2M$815.1M$558.7M$552.9M$375.5M$364.6M$178.3M$186.4M
Retained earnings -$744.9M-$676.9M-$460.0M-$393.3M-$310.0M-$342.0M-$210.3M-$226.2M-$59.0M-$76.1M
Total equity -$736.8M-$675.6M-$457.4M-$390.9M-$309.5M-$341.3M-$209.4M-$224.8M-$58.4M-$81.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $153.1M$157.6M$121.6M$76.2M$48.9M$65.5M$38.6M$38.8M$27.4M$21.9M
Depreciation and amortisation $25.1M$19.5M$13.2M$10.9M$7.9M$7.5M$5.5M$4.3M$3.4M$3.0M
Stock-based compensation $24.9M$22.1M$15.6M$4.2M$9.6M$8.6M$7.0M$3.7M$1.9M$1.2M
Capital expenditure $47.4M$51.9M$40.8M$23.9M$28.0M$6.1M$22.5M$4.0M$2.5M$2.1M
Investing cash flow -$17.5M-$62.5M-$52.2M-$28.7M-$29.9M-$8.0M-$23.7M-$10.5M-$6.5M-$2.1M
Financing cash flow -$266.7M$144.8M-$155.5M$103.3M-$23.4M-$19.4M-$14.6M-$13.7M-$20.3M-$28.2M
Dividends paid $32.4M$28.9M$24.9M$141.3M$19.8M$163.8M$11.7M$190.7M$4.1M$83.3M
Buybacks $221.9M$314.7M$125.4M$0$0—————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001636222-26-000008.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 200M 400M 600M 800M Revenue, FY2016: 103.3M Gross profit, FY2016: 78M Net income, FY2016: 13.8M Revenue, FY2017: 133.3M Gross profit, FY2017: 104.6M Net income, FY2017: 23.9M Revenue, FY2018: 153.2M Gross profit, FY2018: 121.1M Net income, FY2018: 21.7M Revenue, FY2019: 199.7M Gross profit, FY2019: 158.6M Net income, FY2019: 20.5M Revenue, FY2020: 248.8M Gross profit, FY2020: 200.2M Net income, FY2020: 23.3M Revenue, FY2021: 282.5M Gross profit, FY2021: 225.1M Net income, FY2021: 42.7M Revenue, FY2022: 357.5M Gross profit, FY2022: 294.1M Net income, FY2022: 52.9M Revenue, FY2023: 460.1M Gross profit, FY2023: 389.4M Net income, FY2023: 70.2M Revenue, FY2024: 625.8M Gross profit, FY2024: 534.2M Net income, FY2024: 108.7M Revenue, FY2025: 696.9M Net income, FY2025: 174.3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $103.3M $133.3M $153.2M $199.7M $248.8M $282.5M $357.5M $460.1M $625.8M $696.9M
Gross profit $78.0M $104.6M $121.1M $158.6M $200.2M $225.1M $294.1M $389.4M $534.2M —
Net income $13.8M $23.9M $21.7M $20.5M $23.3M $42.7M $52.9M $70.2M $108.7M $174.3M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Other event Item 8.01
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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