Wingstop Inc.

WING Consumer Cyclical Restaurants

Wingstop Inc.’s revenue for fiscal 2025 (year ended December 2025) was $696.9 million, up 11.4% from fiscal 2024. In the quarter to June 2026, revenue grew 6.44%, EPS grew 19.8%, free cash flow fell 45.2% and total debt was flat, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for ten.

131.88 0.85 +0.65%
Market cap
$3.6B
P/E
31.2×
Fwd P/E
31.6×
Dividend yield
0.93%
F-score
6/9
Altman Z
3.47
Beneish M
−2.09
Dividend safety
68/100

Insider Decisions trades per month

Total sells 0.99
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — — 2 1 — 1 — — — — —
Insider Ownership 0.72%

Capital & Financial Ratios $m

Market Cap 3,570.00
Revenue 720.72
Net Income 116.41
Free Cash Flow 128.49
Net Debt 1,057.14
Current Ratio 2.97 (at or above 1.5: strong)
Debt/Equity (1.57) (negative: negative equity)
P/E ratio 31.18
Fwd P/E 31.60
P/S ratio 4.98
P/B ratio 0.00
Past 5Y EPS Growth 51.43% (at or above 15%: strong)
This Y EPS Growth 8.14%
Next Y EPS Growth 20.71% (at or above 15%: strong)
Next Y revenue growth 9.72%
Next 5Y EPS Growth 17.61% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 2.51%
10-year low 10-year high
P/S against its own 10 years 2.25%
10-year low 10-year high
EV/Sales against its own 10 years 2.25%
10-year low 10-year high
EV/FCF against its own 10 years 2.43%
10-year low 10-year high

Dividends

Payout Ratio 0.29
Annual Dividend Rate 1.23
Annual Dividend Yield 0.93%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.26
0.30
0.30
0.33
2025 1.14
0.27
0.27
0.30
0.30
2024 0.98
0.22
0.22
0.27
0.27
2023 0.82
0.19
0.19
0.22
0.22
2022 0.72
0.17
4.00
0.17
0.19
0.19
2021 0.62
0.14
0.14
0.17
0.17
2020 0.50
0.11
0.11
0.14
0.14
2019 0.40
0.09
0.09
0.11
0.11
2018 0.32
3.17
0.07
0.07
0.09
3.05
0.09
2017 0.14
0.07
0.07
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 102 337 223 153
Receivables 12 20 21 25
Inventory — — — —
Other 25 33 16 20
144 396 267 208
2023 2024 2025 Q'26
Payables 5 7 13 10
ST’ Debt — — — —
Other 64 79 66 56
71 87 82 70

Compound Annual Growth %

10y 5y 3y
Sales 24.49% 22.87% 24.91%
Cash Flow 27.15% 18.49% 26.15%
Earnings 32.94% 49.54% 48.75%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 184 186 — — —
’25 171 174 176 176 697
’24 146 156 162 162 626
’23 109 107 117 127 460
’22 76 84 93 105 358
’21 71 74 66 72 283
’20 55 66 64 63 249
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 61 7 — — —
’25 25 7 64 57 153
’24 45 36 69 8 158
’23 36 12 36 38 122
’22 20 9 24 23 76
’21 14 18 22 (5) 49
’20 12 13 21 19 66
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 44 (11) — — —
’25 35 (8) 62 34 123
’24 34 26 55 (5) 110
’23 31 0 24 26 81
’22 16 5 18 18 56
’21 11 12 21 (17) 28
’20 11 14 23 16 64
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.08 1.15 — — —
’25 3.24 0.96 1.02 0.96 6.21
’24 0.98 0.93 0.88 0.92 3.70
’23 0.52 0.54 0.65 0.64 2.35
’22 0.29 0.44 0.45 0.59 1.77
’21 0.44 0.38 0.38 0.23 1.42
’20 0.27 0.39 0.34 (0.21) 0.78
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 20.73 24.74 38.53 60.13 44.27 112.49 67.67 129.46 241.78 204.00

Analyst estimates 2026–2028

Powerpack
High 33.42 43.25 75.58 107.43 170.00 187.35 174.79 261.97 433.86 388.14
People
People Employees 479 530 661 784 819 890 1,031 1,225 1,335 1,367
Revenue/emp, $m 0.22 0.25 0.23 0.25 0.30 0.32 0.35 0.38 0.47 0.51
Income, $m
Income, $m Revenue 103 133 153 200 249 283 358 460 626 697
Gross margin, % 75.51 78.44 79.07 79.41 80.47 79.68 82.27 84.64 85.36 86.22
EBT 22 29 27 26 27 59 69 94 147 237
EBT margin, % 21.25 21.56 17.58 12.90 10.83 20.85 19.39 20.50 23.52 34.04
Net income 14 24 22 20 23 43 53 70 109 174
Depreciation 3 4 5 7 9 9 13 15 22 28
Per share, $
Per share, $ Revenue 3.61 4.59 5.24 6.79 8.41 9.49 11.96 15.45 21.39 24.91
Earnings 0.54 0.94 0.74 0.70 0.79 1.43 1.77 2.36 3.72 6.23
Cash flow 0.76 0.95 1.33 1.31 2.21 1.64 2.55 4.08 5.39 5.47
Capex (0.07) (0.09) (0.14) (0.76) (0.04) (0.70) (0.66) (1.36) (1.64) (1.08)
Free cash flow 0.69 0.86 1.19 0.55 2.17 0.94 1.89 2.72 3.75 4.40
Book value (2.61) (2.01) (7.69) (7.12) (11.53) (10.40) (13.08) (15.36) (23.09) (26.34)
Shares, m 29 29 29 29 30 30 30 30 29 28
Valuation, ×
Valuation, × P/E 61.31 45.78 87.93 123.19 169.94 120.84 74.97 106.94 76.40 38.47
P/S 8.20 8.55 12.25 12.70 15.77 18.21 11.16 16.33 13.29 9.57
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales 9.62 9.52 14.17 14.17 17.48 19.70 12.60 17.66 14.68 10.99
EV/FCF 50.15 50.96 62.41 175.79 67.65 198.26 79.94 100.22 83.78 62.31
Cash, $m
Cash, $m Operating cash flow 22 27 39 39 66 49 76 122 158 153
Capex (2) (3) (4) (22) (1) (21) (20) (41) (48) (30)
Free cash flow 20 25 35 16 64 28 56 81 110 123
Balance, $m
Balance, $m Working capital (6) (3) 3 (3) 22 30 164 73 308 186
Total debt 151 133 312 311 471 472 714 712 1,206 1,209
Net debt 147 129 295 293 425 420 516 611 869 987
Shareholders’ equity (75) (58) (225) (209) (341) (310) (391) (457) (676) (737)
Returns, %
Returns, % ROA 11.85 20.67 16.73 13.39 12.34 18.52 15.73 17.50 19.87 24.72
ROIC 22.99 29.88 34.40 32.00 42.93 41.80 45.79 45.90 53.40 44.86
ROE (32.67) (35.99) (15.34) (9.43) (8.46) (13.11) (15.12) (16.55) (19.19) (24.68)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Wingstop Inc. vs peers in Restaurants (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
EAT Brinker International, Inc. $8.6B 18.2× 11.3× +5.06% (above 0%: growing) +27.80% (above 0%: growing) +48.74% (above 0%: growing) 18.75% 10.87% Compare
BROS Dutch Bros Inc. $7.2B 57.0× 65.2× +32.48% (above 0%: growing) +40.00% (above 0%: growing) +11.97% (above 0%: growing) 27.42% 12.78% Compare
CAVA CAVA Group, Inc. $6.5B 101× 131× +31.30% (above 0%: growing) +25.00% (above 0%: growing) +52.60% (above 0%: growing) 44.93% 7.29% Compare
CAKE The Cheesecake Factory Incorporated $5.8B 30.0× 16.3× +7.72% (above 0%: growing) +24.58% (above 0%: growing) +220.39% (above 0%: growing) 17.64% 7.63% Compare
WING Wingstop Inc. $3.6B 31.2× 31.6× +6.44% (above 0%: growing) +19.79% (above 0%: growing) −45.18% (below 0%: shrinking) 86.49% 29.44%
SHAK Shake Shack, Inc. $3.0B 71.2× 45.8× +17.16% (above 0%: growing) −9.30% (below 0%: shrinking) −102.73% (below 0%: shrinking) 25.58% 4.97% Compare
ARCO Arcos Dorados Holdings Inc. $1.7B 6.5× 10.7× +14.30% (above 0%: growing) +100.00% (above 0%: growing) +254.29% (above 0%: growing) 11.81% 5.56% Compare
CHA Chagee Holdings Limited - Sponsored ADR $1.6B 12.2× 8.9× +8.20% (above 0%: growing) +620.00% (above 0%: growing) +49.31% (above 0%: growing) 53.99% 15.37% Compare
CBRL Cracker Barrel Old Country Store, Inc. $1.5B 48.2× 84.6× −2.15% (below 0%: shrinking) +83.33% (above 0%: growing) +191.55% (above 0%: growing) 71.25% 1.55% Compare
Median of peers $4.4B 39.1× 31.0× +11.25% +33.90% +50.96% 26.50% 7.46%

All 56 Restaurants stocks →

Wingstop Inc. (WING) key facts

  • Strength: Wingstop Inc.’s revenue for fiscal 2025 (year ended December 2025) was $696.9 million, up 11.4% from fiscal 2024.
  • Wingstop Inc. (WING) is a Restaurants company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 16, 2026, WING traded at $131.88, a market capitalization of $3.6 billion.
  • Wingstop Inc. pays an annual dividend of $1.23 per share, a yield of 0.93%, with a payout ratio of 29.2%.
  • Return on equity was −24.7% and debt-to-equity -1.57.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.47 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Wingstop Inc. (WING) Latest News

6 Oct

stockrow.com/WING · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com