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Wingstop WING Operating margin

Operating margin at other companies

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Yum! BrandsYUM
31%+0.1pp
Domino's Pizza logo
Domino's PizzaDPZ
19.5%+0.5pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
26.9%+3.5pp
Wendy's logo
Wendy'sWEN
13.6%-3.4pp
Papa John's International logo
Papa John's InternationalPZZA
4.3%-2.6pp
Planet Fitness logo
Planet FitnessPLNT
30.9%+2.7pp

Other financials

Income statement

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Revenue$185.6M+6.4%
Gross profit$160.5M+7.1%
Operating income$54.6M+20.8%
Net income$31.3M+16.9%
EPS (diluted)$1.15+19.8%

Balance sheet

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Cash & equivalents$127.5M-44.1%
Total debt$1.3B+0.3%
Total equity-$773.0M-12.7%
Total assets$658.0M-7.1%

Cash flow

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Operating cash flow$6.9M+5.1%
CapEx$18.2M+26.8%
Free cash flow$43.7M+153%

Valuation

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Market cap$3.18B-66.1%
Enterprise value$4.32B-58.5%
P/E27.3×-27.4×
P/S4.4×-9.6×

Profitability

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Gross margin86.3%+0.5pp
Net margin16.2%-9.5pp
FCF margin19.7%+4.6pp

Returns & leverage

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Return on equity-16%
Debt / equity-1.6×
Current ratio-1.4×

Where this comes from

Calculated from Wingstop’s reported figures.

Based on trailing twelve months.

The source filing: Wingstop’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050580

FAQ

What is Wingstop's operating margin?
Wingstop (WING) reported operating margin of 27.9% in Q2 2026.
How has Wingstop's operating margin changed year-over-year?
Wingstop's operating margin increased by 13.0% year-over-year, from 24.7% to 27.9%.
What is the long-term trend for Wingstop's operating margin?
Over 5 years (2020 to 2025), Wingstop's operating margin has grown at a 2.2% compound annual growth rate (CAGR), from 23.1% to 25.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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