InsiderClue
Stocks · Consumer discretionary · Retail-Eating Places

Wingstop Inc.

WING Clue Score61
United States Fiscal year ends December CIK 0001636222
$122.26 +3.17% Close, 9 Oct 2026
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Price $122.26 −23.26% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue103.3Operating income26.6Net income13.8EPS, diluted0.47Fiscal year 2017Revenue133.3 +29.0%Operating income33.9Net income23.9 +73.9%EPS, diluted0.82 +74.5%Fiscal year 2018Revenue153.2 +14.9%Operating income38.5Net income21.7 −9.3%EPS, diluted0.73 −11.0%Fiscal year 2019Revenue199.7 +30.4%Operating income42.9Net income20.5 −5.7%EPS, diluted0.69 −5.5%Fiscal year 2020Revenue248.8 +24.6%Operating income57.4Net income23.3 +13.8%EPS, diluted0.78 +13.0%Fiscal year 2021Revenue282.5 +13.5%Operating income73.8Net income42.7 +83.0%EPS, diluted1.42 +82.1%Fiscal year 2022Revenue357.5 +26.6%Operating income91.9Net income52.9 +24.1%EPS, diluted1.77 +24.6%Fiscal year 2023Revenue460.1 +28.7%Operating income112.6Net income70.2 +32.5%EPS, diluted2.35 +32.8%Fiscal year 2024Revenue625.8 +36.0%Operating income165.6Net income108.7 +54.9%EPS, diluted3.70 +57.4%Fiscal year 2025Revenue696.9 +11.4%Operating income179.3Net income174.3 +60.3%EPS, diluted6.21 +67.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 103.3 133.3 153.2 199.7 248.8 282.5 357.5 460.1 625.8 696.9
Growth +29.0% +14.9% +30.4% +24.6% +13.5% +26.6% +28.7% +36.0% +11.4%
Operating income 26.6 33.9 38.5 42.9 57.4 73.8 91.9 112.6 165.6 179.3
Net income 13.8 23.9 21.7 20.5 23.3 42.7 52.9 70.2 108.7 174.3
Growth +73.9% −9.3% −5.7% +13.8% +83.0% +24.1% +32.5% +54.9% +60.3%
EPS, diluted 0.47 0.82 0.73 0.69 0.78 1.42 1.77 2.35 3.70 6.21
Growth +74.5% −11.0% −5.5% +13.0% +82.1% +24.6% +32.8% +57.4% +67.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin25.8%Net margin13.3%Free cash flow margin19.2%Fiscal year 2017Operating margin25.4%Net margin18.0%Free cash flow margin18.7%Fiscal year 2018Operating margin25.2%Net margin14.2%Free cash flow margin22.7%Fiscal year 2019Operating margin21.5%Net margin10.3%Free cash flow margin8.1%Fiscal year 2020Operating margin23.1%Net margin9.4%Free cash flow margin23.9%Fiscal year 2021Operating margin26.1%Net margin15.1%Free cash flow margin7.4%Fiscal year 2022Operating margin25.7%Net margin14.8%Free cash flow margin14.6%Fiscal year 2023Operating margin24.5%Net margin15.3%Free cash flow margin17.6%Fiscal year 2024Operating margin26.5%Net margin17.4%Free cash flow margin16.9%Fiscal year 2025Operating margin25.7%Net margin25.0%Free cash flow margin15.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 25.8% 25.4% 25.2% 21.5% 23.1% 26.1% 25.7% 24.5% 26.5% 25.7%
Net margin 13.3% 18.0% 14.2% 10.3% 9.4% 15.1% 14.8% 15.3% 17.4% 25.0%
Free cash flow margin 19.2% 18.7% 22.7% 8.1% 23.9% 7.4% 14.6% 17.6% 16.9% 15.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow21.9Capital expenditure−2.1Free cash flow19.8Dividends paid−83.3Fiscal year 2017Operating cash flow27.4Capital expenditure−2.5Free cash flow24.9 +25.6%Dividends paid−4.1Fiscal year 2018Operating cash flow38.8Capital expenditure−4.0Free cash flow34.8 +39.7%Dividends paid−190.7Fiscal year 2019Operating cash flow38.6Capital expenditure−22.5Free cash flow16.1 −53.7%Dividends paid−11.7Fiscal year 2020Operating cash flow65.5Capital expenditure−6.1Free cash flow59.5 +269.5%Dividends paid−163.8Fiscal year 2021Operating cash flow48.9Capital expenditure−28.0Free cash flow20.9 −64.9%Buybacks0.0Dividends paid−19.8Fiscal year 2022Operating cash flow76.2Capital expenditure−23.9Free cash flow52.3 +150.7%Buybacks0.0Dividends paid−141.3Fiscal year 2023Operating cash flow121.6Capital expenditure−40.8Free cash flow80.8 +54.4%Buybacks−125.4Dividends paid−24.9Fiscal year 2024Operating cash flow157.6Capital expenditure−51.9Free cash flow105.7 +30.8%Buybacks−314.7Dividends paid−28.9Fiscal year 2025Operating cash flow153.1Capital expenditure−47.4Free cash flow105.6 −0.1%Buybacks−221.9Dividends paid−32.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 21.9 27.4 38.8 38.6 65.5 48.9 76.2 121.6 157.6 153.1
Capital expenditure −2.1 −2.5 −4.0 −22.5 −6.1 −28.0 −23.9 −40.8 −51.9 −47.4
Free cash flow 19.8 24.9 34.8 16.1 59.5 20.9 52.3 80.8 105.7 105.6
Growth +25.6% +39.7% −53.7% +269.5% −64.9% +150.7% +54.4% +30.8% −0.1%
Buybacks n/a n/a n/a n/a n/a 0.0 0.0 −125.4 −314.7 −221.9
Dividends paid −83.3 −4.1 −190.7 −11.7 −163.8 −19.8 −141.3 −24.9 −28.9 −32.4

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash3.8Total debt150.7Net cash (debt)−147.0Shareholders’ equity−81.4Fiscal year 2017Cash4.1Total debt133.3Net cash (debt)−129.3Shareholders’ equity−58.4Fiscal year 2018Cash12.5Total debt311.8Net cash (debt)−299.3Shareholders’ equity−224.8Fiscal year 2019Cash12.8Total debt310.9Net cash (debt)−298.0Shareholders’ equity−209.4Fiscal year 2020Cash40.9Total debt470.5Net cash (debt)−429.7Shareholders’ equity−341.3Fiscal year 2021Cash48.6Total debt469.4Net cash (debt)−420.8Shareholders’ equity−309.5Fiscal year 2022Cash184.5Total debt714.1Net cash (debt)−529.7Shareholders’ equity−390.9Fiscal year 2023Cash90.2Total debt712.3Net cash (debt)−622.1Shareholders’ equity−457.4Fiscal year 2024Cash315.9Total debt1,206.2Net cash (debt)−890.3Shareholders’ equity−675.6Fiscal year 2025Cash196.6Total debt1,209.1Net cash (debt)−1,012.5Shareholders’ equity−736.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 3.8 4.1 12.5 12.8 40.9 48.6 184.5 90.2 315.9 196.6
Total debt 150.7 133.3 311.8 310.9 470.5 469.4 714.1 712.3 1,206.2 1,209.1
Net cash (debt) −147.0 −129.3 −299.3 −298.0 −429.7 −420.8 −529.7 −622.1 −890.3 −1,012.5
Shareholders’ equity −81.4 −58.4 −224.8 −209.4 −341.3 −309.5 −390.9 −457.4 −675.6 −736.8

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 30 Dec 2017 FY2018 29 Dec 2018 FY2019 28 Dec 2019 FY2020 26 Dec 2020 FY2021 25 Dec 2021 FY2022 31 Dec 2022 FY2023 30 Dec 2023 FY2024 28 Dec 2024 FY2025 27 Dec 2025
Margins
25.8% 25.4% 25.2% 21.5% 23.1% 26.1% 25.7% 24.5% 26.5% 25.7%
21.3% 21.6% 17.6% 12.9% 10.8% 20.9% 19.4% 20.5% 23.5% 34.0%
13.3% 18.0% 14.2% 10.3% 9.4% 15.1% 14.8% 15.3% 17.4% 25.0%
19.2% 18.7% 22.7% 8.1% 23.9% 7.4% 14.6% 17.6% 16.9% 15.2%
Spending
33.4% 26.2% 29.1% 25.1% 24.6% 22.3% 18.8% 21.1% 18.7% 18.4%
2.0% 1.9% 2.6% 11.3% 2.4% 9.9% 6.7% 8.9% 8.3% 6.8%
37.3% 16.7% 19.3% 20.5% 13.5% 27.6% 23.6% 25.6% 26.1% 26.5%
Returns
12.3% 20.0% 15.5% 12.3% 11.0% 17.1% 12.5% 18.6% 15.2% 25.1%
Balance and payout
166.8% 148.7% 260.9% 226.1% 261.3% 224.2% 192.1% 221.1% 194.3% 206.3%
604.7% 17.0% 878.2% 57.3% 702.8% 46.5% 266.8% 35.5% 26.6% 18.6%
420.1% 16.3% 548.3% 72.9% 275.4% 95.0% 270.1% 186.1% 325.1% 240.7%