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Wingstop WING Total debt

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Other financials

Income statement

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Revenue$183.7M+7.4%
Gross profit$159.0M+7.3%
Operating income$50.4M+31.7%
Net income$29.9M-67.6%
EPS (diluted)$1.08-66.7%

Balance sheet

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Cash & equivalents$128.8M-48.8%
Total equity-$799.2M-11.8%
Total assets$648.9M-6.9%

Cash flow

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Operating cash flow$61.4M+143%
CapEx$17.7M+121%
Free cash flow$43.7M+153%

Valuation

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Market cap$4.41B-34.1%
Enterprise value$5.55B-27.8%
P/E39.4×+0.5×
P/S6.2×-4.1×

Profitability

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Gross margin86.2%+0.5pp
Operating margin27%+2.2pp
Net margin15.8%-10.7pp
FCF margin19.7%+4.6pp

Returns & leverage

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Return on equity-14.8%
Debt / equity-1.6×
Current ratio2.2×-1.3×

Where this comes from

Calculated from Wingstop’s reported figures.

Plus components not separately reported this period.

The official record: Wingstop’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wingstop's total debt?
Wingstop (WING) reported total debt of $1.27B in Q1 2026.
How has Wingstop's total debt changed year-over-year?
Wingstop's total debt increased by 0.2% year-over-year, from $1.27B to $1.27B.
What is the long-term trend for Wingstop's total debt?
Over 5 years (2020 to 2025), Wingstop's total debt has grown at a 21.6% compound annual growth rate (CAGR), from $478.39M to $1.27B.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.