Wingstop WING Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 86.2%+0.9pp | 85.4%+0.7pp | 84.6%+2.4pp | 82.3%+2.6pp | |
| Operating margin | 25.7%-0.7pp | 26.5%+2.0pp | 24.5%-1.2pp | 25.7%-0.4pp | |
| Net margin | 25%+7.6pp | 17.4%+2.1pp | 15.3%+0.4pp | 14.8%-0.3pp | |
| EBITDA margin | 29.3%-0.3pp | 29.6%+2.2pp | 27.4%-1.4pp | 28.8%-0.2pp | |
| Free cash flow margin | 16.3%-2.0pp | 18.3%+0.6pp | 17.6%+3.0pp | 14.6%— | |
| Returns | |||||
| Return on assets | 24.7%+4.9pp | 19.9%+2.4pp | 17.5%+1.8pp | 15.7%-2.8pp | |
| Return on invested capital | 43.1%-10.2pp | 53.3%+4.1pp | 49.2%-0.4pp | 49.6%+1.9pp | |
| Efficiency | |||||
| Asset turnover | 1×-0.2× | 1.1×0.0× | 1.1×+0.1× | 1.1×-0.2× | |
| Liquidity | |||||
| Current ratio | 3.3×-1.3× | 4.5×+2.5× | 2×-1.6× | 3.6×+1.9× | |
| Quick ratio | 3.3×-1.3× | 4.5×+2.5× | 2×-1.6× | 3.6×+1.9× | |
| Cash ratio | 2.4×-1.2× | 3.6×+2.3× | 1.3×-1.7× | 3×+1.7× | |
| Leverage | |||||
| Debt-to-assets | 1.8×+0.1× | 1.8×-0.2× | 1.9×+0.2× | 1.7×-0.2× | |
| Net debt / EBITDA | 5.3×+0.1× | 5.1×0.0× | 5.1×-0.2× | 5.3×0.0× | |
| Interest coverage | 3.4×-3.9× | 7.3×+2.3× | 5×+0.5× | 4.5×-0.4× | |
| Per Share | |||||
| Book value per share | -$26.24-14.1% | -$22.99-50.1% | -$15.32-17.4% | -$13.04-26.2% | |
| Valuation | |||||
| Market capitalization | $6.63B-20.2% | $8.3B+10.0% | $7.55B+83.3% | $4.12B-20.1% | |
| Enterprise value | $7.7B-16.8% | $9.25B+13.0% | $8.19B+75.6% | $4.66B-16.6% | |
| Price / earnings | 38×-38.3× | 76.4×-31.2× | 107.5×+29.8× | 77.8×-43.1× | |
| Price / sales | 9.5×-3.8× | 13.3×-3.1× | 16.4×+4.9× | 11.5×-6.7× | |
| EV / EBITDA | 37.7×-12.3× | 50×-15.1× | 65.1×+19.7× | 45.3×-23.1× | |
| EV / sales | 11.1×-3.7× | 14.8×-3.0× | 17.8×+4.8× | 13×-6.7× | |
| Free cash flow yield | 1.7%+0.3pp | 1.4%+0.3pp | 1.1%-0.2pp | 1.3%— | |
| Earnings yield | 2.6%+1.3pp | 1.3%+0.4pp | 0.9%-0.4pp | 1.3%+0.5pp | |
| Dividend yield | 0.5%+0.1pp | 0.3%0.0pp | 0.3%-3.1pp | 3.4%+3.0pp | |
| PEG ratio | 0.6×-0.8× | 1.4×-1.9× | 3.3×+0.1× | 3.2×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Wingstop's profit margins?
- Wingstop (WING) runs a 86.2% gross margin and a 27.0% operating margin, with a 15.8% net margin.
- Where do Wingstop's ratios come from?
- Every ratio is computed from Wingstop's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.