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. The Company is primarily a franchisor, with approximately 98% of Wingstop’s restaurants currently owned and operated by independent franchisees.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 697M | 697M | 626M | 460M | 358M | 283M |
| Net Income | 174M | 174M | 109M | 70M | 53M | 43M |
| EPS | $6.21 | $6.21 | $3.70 | $2.35 | $1.77 | $1.42 |
| Free Cash Flow | 106M | 106M | 106M | 81M | 52M | 21M |
| ROIC | 39.1% | 47.7% | 55.8% | 51.8% | 52.7% | 49.5% |
| Gross Margin | 49.4% | 49.4% | 50.6% | 50.3% | 50.4% | 79.7% |
| Debt/Equity | 0.00 | -1.72 | -1.87 | -1.60 | -1.87 | -1.57 |
| Dividends/Share | $1.15 | $1.14 | $0.98 | $0.82 | $0.72 | $0.62 |
| Operating Income | 179M | 179M | 166M | 113M | 92M | 74M |
| Operating Margin | 25.7% | 25.7% | 26.5% | 24.5% | 25.7% | 26.1% |
| ROE | 0.0% | -24.7% | -19.2% | -16.5% | -15.1% | -13.1% |
| Shares Outstanding | 28M | 28M | 29M | 30M | 30M | 30M |
Wingstop Inc. passes 6 of 9 quality checks, suggesting mixed fundamentals.
Wingstop Inc. trades at 30.0x trailing earnings, compared to its 15-year median P/E of 60.5x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 48.5x vs a median of 68.1x. The company's 5-year average ROIC is 51.5% with a gross margin of 56.1%. Total shareholder yield (dividends + buybacks) is 4.9%. At current prices, the estimated annualized return to fair value is +22.6%.
Wingstop Inc. (WING) has a current P/E ratio of 30.0, compared to its historical median P/E of 60.5. The stock is currently considered Cheap based on its historical valuation range.
Wingstop Inc. (WING) has a 5-year average return on invested capital (ROIC) of 51.5%. This indicates strong capital allocation and a potential competitive advantage.
Wingstop Inc. (WING) has a market capitalization of $5.2B. It is classified as a mid-cap stock.
Yes, Wingstop Inc. (WING) pays a dividend with a trailing twelve-month yield of 0.62%. The company also returns capital through share buybacks, with a buyback yield of 4.24%.
Based on historical P/E analysis, Wingstop Inc. (WING) appears cheap. The current P/E of 30.0 is 50% below its historical median of 60.5. The estimated fair value CAGR (P/E method) is 37.6%.
Wingstop Inc. (WING) operates in the Retail-Eating Places industry, within the Consumer Cyclical sector.
Wingstop Inc. (WING) reported annual revenue of $697 million in its most recent fiscal year, based on SEC EDGAR filings.
Wingstop Inc. (WING) has a net profit margin of 25.0%. This is a strong margin indicating high profitability.
Wingstop Inc. (WING) generated $106 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Wingstop Inc. (WING) reported earnings per share (EPS) of $6.21 in its most recent fiscal year.
Wingstop Inc. (WING) has a return on equity (ROE) of -24.7%. A negative ROE may indicate losses or negative equity.
Wingstop Inc. (WING) has a 5-year average gross margin of 56.1%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 13 years of financial data for Wingstop Inc. (WING), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Wingstop Inc. (WING) has a book value per share of $-26.25, based on its most recent annual SEC filing.