Wingstop (WING) Financials

$237.29 -3.00 (-1.25%)

Closing price 04/11/2025 04:00 PM Eastern

Extended Trading

$238.60 +1.31 (+0.55%)

As of 05:04 AM Eastern

Annual Income Statements for Wingstop

This table shows Wingstop's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	10	14	24	22	20	23	43	53	70	109
Consolidated Net Income / (Loss)	10	14	24	22	20	23	43	53	70	109
Net Income / (Loss) Continuing Operations	10	14	24	22	20	23	43	53	70	109
Total Pre-Tax Income	16	22	29	27	26	27	59	69	94	147
Total Operating Income	20	27	34	39	43	57	74	92	113	166
Total Gross Profit	56	78	105	121	159	200	225	294	389	534
Total Revenue	78	103	133	153	200	249	283	358	460	626
Operating Revenue	78	103	133	153	200	249	283	358	460	626
Total Cost of Revenue	22	25	29	32	41	49	57	63	71	92
Operating Cost of Revenue	22	25	29	32	41	49	57	63	71	92
Total Operating Expenses	36	51	71	83	116	143	151	202	277	369
Selling, General & Admin Expense	33	35	35	45	50	61	63	67	97	117
Marketing Expense	-	14	32	34	60	77	84	123	167	233
Depreciation Expense	2.68	3.01	3.38	4.31	5.48	7.52	7.94	11	13	19
Other Special Charges / (Income)	-	-	-	0.00	-	-3.09	-3.50	1.16	0.10	-1.04
Total Other Income / (Expense), net	-3.87	-4.65	-5.13	-12	-17	-30	-15	-23	-18	-18
Interest Expense	-	-	-	1.48	0.00	14	0.00	0.81	0.00	0.00
Interest & Investment Income	-3.48	-4.40	-5.13	-10	-17	-17	-15	-21	-18	-21
Other Income / (Expense), net	-0.40	-0.25	0.00	-	0.00	0.00	0.14	-0.57	-0.06	2.87
Income Tax Expense	5.74	8.19	4.80	5.21	5.29	3.64	16	16	24	38
Basic Earnings per Share	$0.37	$0.48	$0.82	$0.74	$0.70	$0.79	$1.43	$1.77	$2.36	$3.72
Weighted Average Basic Shares Outstanding	27.50M	28.64M	29.03M	29.23M	29.42M	29.60M	29.77M	29.93M	29.34M	28.66M
Diluted Earnings per Share	$0.36	$0.47	$0.82	$0.73	$0.69	$0.78	$1.42	$1.77	$2.35	$3.70
Weighted Average Diluted Shares Outstanding	27.82M	28.98M	29.42M	29.59M	29.67M	29.80M	29.94M	29.93M	29.34M	28.66M
Weighted Average Basic & Diluted Shares Outstanding	27.30M	32.20M	33.30M	29.40M	29.46M	29.69M	29.84M	29.93M	29.34M	28.66M

This table shows Wingstop's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	13	18	16	16	20	19	29	27	26	27
Consolidated Net Income / (Loss)	13	18	16	16	20	19	29	27	26	27
Net Income / (Loss) Continuing Operations	13	18	16	16	20	19	29	27	26	27
Total Pre-Tax Income	18	23	21	22	26	25	38	36	35	37
Total Operating Income	24	29	26	26	31	30	43	41	40	42
Total Gross Profit	77	88	92	91	99	107	125	133	138	139
Total Revenue	93	105	109	107	117	127	146	156	162	162
Operating Revenue	93	105	109	107	117	127	146	156	162	162
Total Cost of Revenue	16	17	17	17	18	20	21	23	24	23
Operating Cost of Revenue	16	17	17	17	18	20	21	23	24	23
Total Operating Expenses	53	59	66	64	69	78	82	92	98	97
Selling, General & Admin Expense	17	18	24	22	23	28	25	28	32	31
Marketing Expense	33	37	40	39	42	46	53	59	61	61
Depreciation Expense	2.84	3.29	2.99	3.22	3.38	3.65	3.41	5.16	5.05	5.87
Other Special Charges / (Income)	0.24	0.16	0.08	0.00	0.02	-	0.00	0.00	0.00	-1.04
Total Other Income / (Expense), net	-6.03	-5.50	-4.76	-4.20	-4.50	-4.82	-4.24	-4.73	-4.33	-5.13
Interest & Investment Income	-5.74	-5.31	-4.57	-4.24	-4.52	-4.89	-4.54	-5.20	-5.13	-6.42
Other Income / (Expense), net	-0.29	-0.19	-0.19	0.05	0.02	0.07	0.30	0.47	0.80	1.29
Income Tax Expense	4.68	5.77	5.24	6.08	6.64	6.18	9.75	9.01	9.76	9.96
Basic Earnings per Share	$0.45	$0.58	$0.52	$0.54	$0.66	$0.64	$0.98	$0.94	$0.88	$0.92
Weighted Average Basic Shares Outstanding	29.92M	29.93M	29.95M	29.97M	29.75M	29.34M	29.35M	29.34M	29.27M	28.66M
Diluted Earnings per Share	$0.45	$0.59	$0.52	$0.54	$0.65	$0.64	$0.98	$0.93	$0.88	$0.91
Weighted Average Diluted Shares Outstanding	29.97M	29.93M	30.03M	30.05M	29.82M	29.34M	29.48M	29.46M	29.38M	28.66M
Weighted Average Basic & Diluted Shares Outstanding	29.92M	29.93M	29.97M	29.98M	29.41M	29.34M	29.37M	29.30M	29.21M	28.66M

This table details how cash moves in and out of Wingstop's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	0.97	-8.39	0.70	15	0.24	38	-4.36	151	-86	240
Net Cash From Operating Activities	14	22	27	39	39	66	49	76	122	158
Net Cash From Continuing Operating Activities	14	22	27	39	39	66	49	76	122	158
Net Income / (Loss) Continuing Operations	10	14	24	22	20	23	43	53	70	109
Consolidated Net Income / (Loss)	10	14	24	22	20	23	43	53	70	109
Depreciation Expense	2.68	3.01	3.38	4.31	5.48	7.52	7.94	11	13	19
Amortization Expense	0.33	0.44	0.29	0.51	1.59	1.57	1.40	1.94	2.04	2.15
Non-Cash Adjustments To Reconcile Net Income	1.16	1.23	1.85	5.20	6.97	19	6.13	6.18	16	21
Changes in Operating Assets and Liabilities, net	-0.41	3.43	-2.02	7.03	4.06	14	-9.26	4.28	20	6.23
Net Cash From Investing Activities	-1.92	-2.06	-6.48	-10	-24	-7.99	-30	-29	-52	-62
Net Cash From Continuing Investing Activities	-1.92	-2.06	-6.48	-10	-24	-7.99	-30	-29	-52	-62
Purchase of Property, Plant & Equipment	-1.92	-2.06	-2.54	-3.98	-22	-6.05	-28	-24	-41	-52
Acquisitions	-	-	-	-	-1.25	-6.74	-4.88	-7.81	-11	-14
Purchase of Investments	-	-	-	-	0.00	0.00	-4.16	-1.00	-0.81	-0.50
Sale of Property, Plant & Equipment	-	-	-	0.00	0.00	4.80	7.21	4.06	0.32	4.00
Net Cash From Financing Activities	-11	-28	-20	-14	-15	-19	-23	103	-155	145
Net Cash From Continuing Financing Activities	-11	-28	-20	-14	-15	-19	-23	103	-155	145
Repayment of Debt	-38	-110	-21	-374	-7.42	-352	-2.40	-8.47	-3.65	-8.83
Repurchase of Common Equity	-	-	-	-	-	-	0.00	0.00	-125	-315
Payment of Dividends	-48	-83	-4.07	-191	-12	-164	-20	-141	-25	-29
Issuance of Debt	40	165	3.50	551	5.00	496	0.00	250	0.00	500
Other Financing Activities, net	0.48	0.49	1.32	0.33	-0.46	0.59	-1.17	3.00	-1.53	-2.87
Cash Interest Paid	3.41	4.78	4.84	7.60	17	15	15	20	23	23
Cash Income Taxes Paid	5.36	7.23	10	2.95	5.41	7.26	10	14	28	39

This table details how cash moves in and out of Wingstop's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	9.24	4.86	21	-13	-107	13	23	-13	1.04	228
Net Cash From Operating Activities	24	23	36	12	36	38	45	36	69	7.74
Net Cash From Continuing Operating Activities	24	23	36	12	36	38	45	36	69	7.74
Net Income / (Loss) Continuing Operations	13	18	16	16	20	19	29	27	26	27
Consolidated Net Income / (Loss)	13	18	16	16	20	19	29	27	26	27
Depreciation Expense	2.84	3.29	2.99	3.22	3.38	3.65	3.41	5.16	5.05	5.87
Amortization Expense	0.51	0.55	0.52	0.51	0.51	0.51	0.52	0.52	0.52	0.59
Non-Cash Adjustments To Reconcile Net Income	1.77	2.24	3.42	3.55	3.15	5.54	3.81	4.93	7.27	5.01
Changes in Operating Assets and Liabilities, net	5.22	-0.60	13	-11	9.23	9.34	8.17	-1.92	30	-30
Net Cash From Investing Activities	-7.58	-12	-4.32	-18	-11	-19	-12	-14	-25	-12
Net Cash From Continuing Investing Activities	-7.58	-12	-4.32	-18	-11	-19	-12	-14	-25	-12
Purchase of Property, Plant & Equipment	-6.27	-4.98	-4.32	-13	-11	-13	-11	-10	-14	-16
Net Cash From Financing Activities	-6.88	-6.18	-10	-7.29	-132	-6.47	-9.62	-36	-43	233
Net Cash From Continuing Financing Activities	-6.88	-6.18	-10	-7.29	-132	-6.47	-9.62	-36	-43	233
Repayment of Debt	-1.20	-1.83	-1.83	-1.83	-	-	0.00	-	-	-8.83
Repurchase of Common Equity	-	-	-	-	-125	-0.15	-	-	-35	-250
Payment of Dividends	-5.68	-5.69	-6.08	-5.76	-6.60	-6.47	-6.61	-6.47	-7.90	-7.89
Other Financing Activities, net	-	1.34	-2.18	0.29	0.20	0.16	-3.01	0.15	-0.23	0.22

This table presents Wingstop's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	121	112	120	140	166	212	249	424	378	716
Total Current Assets	20	11	16	30	30	73	70	227	144	396
Cash & Equivalents	11	3.75	4.06	12	13	41	49	184	90	316
Restricted Cash	3.77	2.53	2.94	9.59	9.72	21	9.65	28	37	54
Accounts Receivable	3.40	3.20	4.57	5.76	5.18	4.93	6.99	9.46	12	20
Prepaid Expenses	1.75	1.63	4.33	2.06	2.45	5.53	4.93	4.25	4.95	6.52
Plant, Property, & Equipment, net	4.59	5.00	5.83	8.34	28	28	55	67	91	126
Total Noncurrent Assets	96	96	98	102	108	111	125	131	142	195
Goodwill	45	45	47	50	50	54	57	63	68	75
Intangible Assets	51	50	33	33	46	44	43	42	40	39
Other Noncurrent Operating Assets	0.31	0.94	19	19	12	13	25	26	34	81
Total Liabilities & Shareholders' Equity	121	112	120	140	166	212	249	424	378	716
Total Liabilities	130	186	178	365	376	553	559	815	835	1,392
Total Current Liabilities	13	17	19	26	33	50	40	62	71	87
Accounts Payable	1.25	1.46	1.75	2.75	3.35	3.66	5.41	5.22	4.73	6.94
Other Current Liabilities	11	12	14	21	26	43	34	50	66	81
Total Noncurrent Liabilities	118	170	159	338	343	502	519	753	764	1,304
Long-Term Debt	95	147	130	309	308	467	469	707	712	1,206
Noncurrent Deferred Revenue	7.62	7.87	21	22	22	25	28	27	30	39
Noncurrent Deferred & Payable Income Tax Liabilities	13	12	5.92	4.87	4.49	4.48	7.43	4.18	3.72	1.09
Other Noncurrent Operating Liabilities	2.10	2.31	2.14	1.97	8.12	6.03	14	15	18	58
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-9.67	-75	-58	-225	-209	-341	-310	-391	-457	-676
Total Preferred & Common Equity	-9.67	-75	-58	-225	-209	-341	-310	-391	-457	-676
Total Common Equity	-9.67	-75	-58	-225	-209	-341	-310	-391	-457	-676
Common Stock	37	1.48	0.55	1.33	0.85	0.72	0.76	3.10	2.97	1.86
Retained Earnings	-47	-76	-59	-226	-210	-342	-310	-393	-460	-677
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	0.00	-0.26	-0.64	-0.34	-0.50

This table presents Wingstop's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	411	451	451	352	412	452	485
Total Current Assets	223	249	238	133	171	163	166
Cash & Equivalents	174	196	189	78	108	97	84
Restricted Cash	35	40	33	37	45	43	58
Accounts Receivable	8.83	10	11	12	14	16	17
Prepaid Expenses	5.75	3.06	5.55	5.91	3.77	6.77	7.23
Plant, Property, & Equipment, net	63	72	79	84	99	108	119
Total Noncurrent Assets	125	130	134	134	142	181	199
Goodwill	59	63	65	65	68	69	75
Intangible Assets	42	41	41	41	40	40	39
Other Noncurrent Operating Assets	24	26	28	29	34	73	85
Total Liabilities & Shareholders' Equity	411	451	451	352	412	452	485
Total Liabilities	818	831	817	827	847	889	932
Total Current Liabilities	61	79	59	67	79	85	119
Accounts Payable	3.50	6.85	6.11	5.10	6.44	5.75	10
Other Current Liabilities	50	65	53	62	72	79	109
Total Noncurrent Liabilities	757	752	758	760	768	805	813
Long-Term Debt	708	705	711	712	713	713	714
Noncurrent Deferred Revenue	27	28	28	29	32	33	37
Noncurrent Deferred & Payable Income Tax Liabilities	6.76	3.38	3.15	2.98	5.63	4.63	2.10
Other Noncurrent Operating Liabilities	15	15	15	16	18	54	61
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-407	-380	-365	-475	-434	-438	-447
Total Preferred & Common Equity	-407	-380	-365	-475	-434	-438	-447
Total Common Equity	-407	-380	-365	-475	-434	-438	-447
Common Stock	1.29	1.11	2.34	1.53	1.21	2.16	1.81
Retained Earnings	-407	-380	-367	-476	-435	-439	-449
Accumulated Other Comprehensive Income / (Loss)	-0.98	-0.49	-0.36	-0.56	-0.37	-0.38	0.06

This table displays calculated financial ratios and metrics derived from Wingstop's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.60%	32.52%	29.03%	14.90%	30.35%	24.61%	13.54%	26.56%	28.68%	36.03%
EBITDA Growth	5.99%	33.42%	25.99%	15.46%	15.28%	33.03%	25.21%	25.19%	22.67%	48.74%
EBIT Growth	7.45%	36.39%	28.54%	13.74%	11.35%	33.77%	28.75%	23.64%	23.18%	49.71%
NOPAT Growth	10.76%	32.67%	69.10%	10.14%	9.71%	45.60%	7.59%	31.48%	19.31%	46.01%
Net Income Growth	12.46%	36.25%	73.87%	-9.28%	-5.72%	13.82%	83.03%	24.12%	32.54%	54.92%
EPS Growth	5.88%	30.56%	74.47%	-10.98%	-5.48%	13.04%	82.05%	24.65%	32.77%	57.45%
Operating Cash Flow Growth	-3.55%	57.86%	25.39%	41.32%	-0.48%	69.84%	-25.41%	55.98%	59.50%	29.61%
Free Cash Flow Firm Growth	122.39%	31.10%	69.60%	13.39%	-41.18%	206.09%	-69.35%	226.74%	7.47%	34.76%
Invested Capital Growth	-1.34%	-1.50%	-2.71%	-4.50%	21.61%	-14.97%	51.56%	8.54%	16.00%	25.95%
Revenue Q/Q Growth	0.00%	18.51%	-1.12%	3.58%	6.78%	4.23%	3.19%	10.11%	5.07%	5.88%
EBITDA Q/Q Growth	0.00%	-2.30%	8.52%	1.31%	1.41%	2.92%	5.86%	17.18%	1.20%	8.90%
EBIT Q/Q Growth	0.00%	-3.07%	9.04%	0.56%	0.50%	2.11%	6.14%	18.63%	1.08%	8.54%
NOPAT Q/Q Growth	0.00%	-3.79%	25.67%	-9.72%	-0.37%	5.83%	6.45%	21.58%	0.86%	7.06%
Net Income Q/Q Growth	0.00%	-7.70%	29.30%	-20.65%	3.16%	-28.86%	45.33%	25.33%	1.77%	7.88%
EPS Q/Q Growth	0.00%	-7.84%	30.16%	-21.51%	2.99%	-29.09%	44.90%	26.43%	2.17%	7.87%
Operating Cash Flow Q/Q Growth	17.93%	-0.90%	6.97%	1.52%	5.04%	15.42%	-32.86%	58.86%	13.83%	-16.04%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	45.12%	-13.77%	-1.50%	8.95%	-59.27%	82.34%	6.68%	-20.08%
Invested Capital Q/Q Growth	0.00%	-2.43%	-7.28%	-4.74%	-3.72%	-7.40%	33.11%	9.92%	5.38%	29.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	71.50%	75.51%	78.44%	79.07%	79.41%	80.47%	79.68%	82.27%	84.64%	85.36%
EBITDA Margin	28.64%	28.84%	28.16%	28.30%	25.03%	26.72%	29.46%	29.14%	27.78%	30.38%
Operating Margin	25.29%	25.75%	25.41%	25.15%	21.49%	23.07%	26.11%	25.71%	24.47%	26.46%
EBIT Margin	24.78%	25.51%	25.41%	25.15%	21.49%	23.07%	26.16%	25.55%	24.46%	26.92%
Profit (Net Income) Margin	12.96%	13.33%	17.96%	14.18%	10.25%	9.37%	15.10%	14.81%	15.25%	17.37%
Tax Burden Percent	63.78%	62.71%	83.29%	80.66%	79.47%	86.50%	72.42%	76.39%	74.41%	73.86%
Interest Burden Percent	82.01%	83.32%	84.85%	69.89%	60.06%	46.95%	79.72%	75.87%	83.80%	87.36%
Effective Tax Rate	36.22%	37.29%	16.71%	19.34%	20.53%	13.50%	27.58%	23.62%	25.59%	26.14%
Return on Invested Capital (ROIC)	17.63%	23.72%	40.97%	46.81%	47.44%	68.03%	63.32%	66.26%	70.32%	84.61%
ROIC Less NNEP Spread (ROIC-NNEP)	14.56%	21.13%	37.82%	42.31%	42.73%	60.47%	60.69%	62.47%	67.81%	82.70%
Return on Net Nonoperating Assets (RNNOA)	-125.90%	-56.39%	-76.96%	-62.15%	-56.87%	-76.50%	-76.43%	-81.38%	-86.86%	-103.80%
Return on Equity (ROE)	-108.28%	-32.67%	-35.99%	-15.34%	-9.43%	-8.46%	-13.11%	-15.12%	-16.55%	-19.19%
Cash Return on Invested Capital (CROIC)	18.98%	25.24%	43.72%	51.42%	27.94%	84.22%	22.33%	58.06%	55.50%	61.64%
Operating Return on Assets (OROA)	16.14%	22.67%	29.25%	29.68%	28.05%	30.39%	32.07%	27.13%	28.06%	30.80%
Return on Assets (ROA)	8.44%	11.85%	20.67%	16.73%	13.39%	12.34%	18.52%	15.73%	17.50%	19.87%
Return on Common Equity (ROCE)	-108.28%	-32.67%	-35.99%	-15.34%	-9.43%	-8.46%	-13.11%	-15.12%	-16.55%	-19.19%
Return on Equity Simple (ROE_SIMPLE)	-104.48%	-18.45%	-40.98%	-9.66%	-9.78%	-6.83%	-13.78%	-13.55%	-15.34%	-16.09%
Net Operating Profit after Tax (NOPAT)	13	17	28	31	34	50	53	70	84	122
NOPAT Margin	16.13%	16.15%	21.16%	20.29%	17.07%	19.95%	18.91%	19.64%	18.21%	19.55%
Net Nonoperating Expense Percent (NNEP)	3.06%	2.59%	3.16%	4.50%	4.71%	7.56%	2.62%	3.79%	2.50%	1.91%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	21.72%	32.86%	23.05%
Cost of Revenue to Revenue	28.50%	24.49%	21.56%	20.93%	20.59%	19.53%	20.32%	17.73%	15.36%	14.64%
SG&A Expenses to Revenue	42.77%	33.44%	26.18%	29.10%	25.13%	24.55%	22.26%	18.76%	21.06%	18.66%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	46.21%	49.76%	53.03%	53.92%	57.93%	57.41%	53.57%	56.55%	60.17%	58.89%
Earnings before Interest and Taxes (EBIT)	19	26	34	39	43	57	74	91	113	168
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	22	30	38	43	50	66	83	104	128	190
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	5.92	6.57	6.81	11.19	11.57	15.94	17.40	11.43	16.36	13.32
Price to Earnings (P/E)	45.64	49.29	37.95	78.92	112.79	170.14	115.26	77.21	107.26	76.68
Dividend Yield	0.00%	12.28%	0.45%	11.18%	0.51%	4.01%	0.38%	3.72%	0.32%	0.34%
Earnings Yield	2.19%	2.03%	2.64%	1.27%	0.89%	0.59%	0.87%	1.30%	0.93%	1.30%
Enterprise Value to Invested Capital (EV/IC)	7.65	11.79	15.24	30.89	32.93	65.22	52.42	41.60	63.39	56.91
Enterprise Value to Revenue (EV/Rev)	6.95	7.97	7.76	13.08	13.01	17.58	18.86	12.84	17.63	14.66
Enterprise Value to EBITDA (EV/EBITDA)	24.26	27.62	27.56	46.23	51.98	65.79	64.01	44.04	63.47	48.25
Enterprise Value to EBIT (EV/EBIT)	28.04	31.23	30.55	52.01	60.55	76.21	72.10	50.23	72.09	54.45
Enterprise Value to NOPAT (EV/NOPAT)	43.08	49.33	36.68	64.48	76.19	88.10	99.75	65.35	96.83	74.99
Enterprise Value to Operating Cash Flow (EV/OCF)	39.09	37.62	37.72	51.68	67.33	66.74	109.00	60.20	66.71	58.20
Enterprise Value to Free Cash Flow (EV/FCFF)	40.02	46.37	34.37	58.70	129.39	71.17	282.88	74.58	122.67	102.93
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-9.82	-2.02	-2.28	-1.39	-1.48	-1.38	-1.52	-1.83	-1.56	-1.79
Long-Term Debt to Equity	-9.82	-1.97	-2.22	-1.38	-1.47	-1.37	-1.52	-1.81	-1.56	-1.79
Financial Leverage	-8.64	-2.67	-2.04	-1.47	-1.33	-1.27	-1.26	-1.30	-1.28	-1.26
Leverage Ratio	-12.83	-2.76	-1.74	-0.92	-0.70	-0.69	-0.71	-0.96	-0.95	-0.97
Compound Leverage Factor	-10.52	-2.30	-1.48	-0.64	-0.42	-0.32	-0.56	-0.73	-0.79	-0.84
Debt to Total Capital	111.34%	198.08%	177.97%	358.59%	306.45%	364.12%	293.61%	220.90%	279.39%	227.32%
Short-Term Debt to Total Capital	0.00%	4.60%	4.67%	2.76%	3.15%	2.79%	0.00%	2.26%	0.00%	0.00%
Long-Term Debt to Total Capital	111.34%	193.48%	173.30%	355.83%	303.30%	361.34%	293.61%	218.64%	279.39%	227.32%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-11.34%	-98.08%	-77.97%	-258.59%	-206.45%	-264.12%	-193.61%	-120.90%	-179.39%	-127.32%
Debt to EBITDA	4.25	5.06	3.55	7.19	6.22	7.08	5.64	6.85	5.57	6.34
Net Debt to EBITDA	3.61	4.85	3.37	6.68	5.77	6.14	4.94	4.81	4.58	4.40
Long-Term Debt to EBITDA	4.25	4.94	3.46	7.14	6.16	7.02	5.64	6.78	5.57	6.34
Debt to NOPAT	7.55	9.03	4.73	10.03	9.12	9.48	8.79	10.17	8.50	9.86
Net Debt to NOPAT	6.40	8.66	4.48	9.32	8.46	8.23	7.70	7.14	6.99	6.84
Long-Term Debt to NOPAT	7.55	8.82	4.60	9.96	9.02	9.41	8.79	10.07	8.50	9.86
Altman Z-Score	2.83	2.87	4.38	2.59	3.95	4.24	5.80	3.73	6.14	4.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.56	0.66	0.83	1.13	0.92	1.44	1.77	3.63	2.03	4.52
Quick Ratio	1.12	0.42	0.45	0.69	0.55	0.91	1.40	3.11	1.45	3.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	14	18	30	34	20	61	19	62	66	89
Operating Cash Flow to CapEx	723.76%	1,064.15%	1,082.25%	973.63%	171.59%	5,234.03%	234.83%	383.55%	300.15%	328.84%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	23.11	0.00	4.50	0.00	75.60	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	26.25	0.00	4.80	0.00	93.66	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	23.55	0.00	4.70	0.00	69.24	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.65	0.89	1.15	1.18	1.31	1.32	1.23	1.06	1.15	1.14
Accounts Receivable Turnover	26.96	31.30	34.33	29.65	36.51	49.25	47.39	43.46	42.07	39.03
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	18.98	21.54	24.63	21.63	11.04	8.92	6.85	5.89	5.82	5.76
Accounts Payable Turnover	16.14	18.68	17.91	14.24	13.48	13.87	12.66	11.92	14.21	15.71
Days Sales Outstanding (DSO)	13.54	11.66	10.63	12.31	10.00	7.41	7.70	8.40	8.68	9.35
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	22.62	19.54	20.38	25.63	27.07	26.32	28.84	30.61	25.69	23.24
Cash Conversion Cycle (CCC)	-9.08	-7.88	-9.75	-13.32	-17.08	-18.91	-21.13	-22.21	-17.01	-13.89
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	71	70	68	65	79	67	102	110	128	161
Invested Capital Turnover	1.09	1.47	1.94	2.31	2.78	3.41	3.35	3.37	3.86	4.33
Increase / (Decrease) in Invested Capital	-0.96	-1.07	-1.89	-3.06	14	-12	35	8.69	18	33
Enterprise Value (EV)	542	823	1,035	2,004	2,598	4,374	5,328	4,589	8,112	9,173
Market Capitalization	461	679	908	1,714	2,309	3,965	4,917	4,088	7,527	8,336
Book Value per Share	($0.34)	($2.60)	($2.01)	($7.67)	($7.11)	($11.50)	($10.38)	($13.07)	($15.55)	($23.13)
Tangible Book Value per Share	($3.70)	($5.89)	($4.73)	($10.49)	($10.36)	($14.80)	($13.73)	($16.55)	($19.23)	($27.03)
Total Capital	85	76	75	87	101	129	160	323	255	531
Total Debt	95	151	133	312	311	471	469	714	712	1,206
Total Long-Term Debt	95	147	130	309	308	467	469	707	712	1,206
Net Debt	81	144	126	290	288	408	411	501	585	837
Capital Expenditures (CapEx)	1.92	2.06	2.54	3.98	22	1.25	21	20	41	48
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-7.41	-8.40	-6.72	-16	-22	-36	-28	-41	-54	-61
Debt-free Net Working Capital (DFNWC)	7.05	-2.12	0.28	5.82	0.46	26	30	172	73	308
Net Working Capital (NWC)	7.05	-5.62	-3.22	3.42	-2.74	22	30	164	73	308
Net Nonoperating Expense (NNE)	2.47	2.92	4.27	9.36	14	26	11	17	14	14
Net Nonoperating Obligations (NNO)	81	144	126	290	288	408	411	501	585	837
Total Depreciation and Amortization (D&A)	3.01	3.45	3.67	4.82	7.07	9.09	9.34	13	15	22
Debt-free, Cash-free Net Working Capital to Revenue	-9.51%	-8.13%	-5.04%	-10.62%	-11.07%	-14.63%	-9.83%	-11.58%	-11.66%	-9.79%
Debt-free Net Working Capital to Revenue	9.04%	-2.05%	0.21%	3.80%	0.23%	10.35%	10.79%	47.99%	15.94%	49.24%
Net Working Capital to Revenue	9.04%	-5.44%	-2.41%	2.24%	-1.37%	8.90%	10.79%	45.94%	15.94%	49.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.37	$0.54	$0.94	$0.74	$0.70	$0.79	$1.43	$1.77	$2.36	$3.72
Adjusted Weighted Average Basic Shares Outstanding	27.50M	28.64M	29.03M	29.23M	29.42M	29.60M	29.77M	29.89M	29.77M	28.66M
Adjusted Diluted Earnings per Share	$0.36	$0.53	$0.93	$0.73	$0.69	$0.78	$1.42	$1.77	$2.35	$3.70
Adjusted Weighted Average Diluted Shares Outstanding	27.82M	28.98M	29.42M	29.59M	29.67M	29.80M	29.94M	29.96M	29.86M	28.66M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.58M	28.86M	29.11M	29.33M	29.46M	29.69M	29.84M	29.93M	29.34M	28.66M
Normalized Net Operating Profit after Tax (NOPAT)	13	17	28	31	34	47	51	71	84	122
Normalized NOPAT Margin	16.13%	16.15%	21.16%	20.29%	17.07%	18.88%	18.01%	19.89%	18.23%	19.42%
Pre Tax Income Margin	20.32%	21.25%	21.56%	17.58%	12.90%	10.83%	20.85%	19.39%	20.50%	23.52%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	26.08	0.00	4.20	0.00	112.24	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	21.04	0.00	3.63	0.00	86.27	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	23.39	0.00	4.11	0.00	87.82	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	18.34	0.00	3.54	0.00	61.85	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	474.96%	604.75%	17.00%	878.20%	57.35%	702.79%	46.47%	266.83%	35.49%	26.55%
Augmented Payout Ratio	474.96%	604.75%	17.00%	878.20%	57.35%	702.79%	46.47%	266.83%	214.19%	315.99%

This table displays calculated financial ratios and metrics derived from Wingstop's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	40.87%	45.59%	42.67%	27.93%	26.36%	21.16%	34.09%	45.28%	38.76%	27.36%
EBITDA Growth	16.66%	88.63%	51.44%	19.00%	27.38%	4.68%	62.02%	56.73%	33.65%	45.67%
EBIT Growth	14.08%	100.12%	54.06%	18.59%	28.92%	4.19%	68.89%	57.31%	32.43%	44.35%
NOPAT Growth	29.90%	134.51%	54.02%	5.70%	28.22%	3.25%	65.90%	61.43%	26.25%	35.83%
Net Income Growth	18.41%	155.16%	80.60%	21.60%	45.95%	6.92%	83.46%	69.86%	31.88%	42.20%
EPS Growth	18.42%	168.18%	79.31%	22.73%	44.44%	8.47%	88.46%	72.22%	35.38%	42.19%
Operating Cash Flow Growth	5.62%	546.68%	75.28%	34.85%	51.01%	64.01%	25.10%	194.87%	92.93%	-79.55%
Free Cash Flow Firm Growth	-163.04%	151.58%	255.18%	89.84%	129.13%	-63.24%	-81.19%	2,517.27%	1,351.89%	-156.61%
Invested Capital Growth	31.45%	8.54%	-0.72%	19.24%	20.99%	16.00%	29.10%	9.33%	2.26%	25.95%
Revenue Q/Q Growth	10.62%	13.16%	3.68%	-1.42%	9.27%	8.50%	14.74%	6.80%	4.37%	-0.42%
EBITDA Q/Q Growth	6.83%	19.85%	-10.86%	4.27%	14.35%	-1.51%	37.97%	0.86%	-2.48%	7.34%
EBIT Q/Q Growth	6.46%	20.55%	-11.14%	3.99%	15.73%	-2.58%	44.05%	-3.14%	-2.57%	6.19%
NOPAT Q/Q Growth	-1.98%	21.88%	-11.51%	-0.02%	18.91%	-1.85%	42.18%	-2.72%	-7.01%	5.60%
Net Income Q/Q Growth	0.46%	31.63%	-10.95%	3.27%	20.58%	-3.57%	52.80%	-4.39%	-6.38%	3.97%
EPS Q/Q Growth	2.27%	31.11%	-11.86%	3.85%	20.37%	-1.54%	53.13%	-5.10%	-5.38%	3.41%
Operating Cash Flow Q/Q Growth	160.43%	-2.59%	54.67%	-65.63%	191.63%	5.80%	17.98%	-18.99%	90.81%	-88.78%
Free Cash Flow Firm Q/Q Growth	22.10%	311.35%	52.76%	-104.04%	323.45%	166.73%	-21.84%	418.89%	34.21%	-110.40%
Invested Capital Q/Q Growth	-3.61%	9.92%	-12.27%	28.29%	-2.20%	5.38%	-2.36%	8.65%	-8.52%	29.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	83.03%	83.70%	84.64%	84.47%	84.95%	84.51%	85.41%	85.44%	85.00%	85.59%
EBITDA Margin	29.28%	31.01%	26.66%	28.20%	29.52%	26.79%	32.22%	30.43%	28.43%	30.64%
Operating Margin	25.99%	27.53%	23.61%	24.69%	26.18%	23.47%	29.32%	26.47%	24.50%	25.86%
EBIT Margin	25.67%	27.35%	23.44%	24.73%	26.19%	23.52%	29.52%	26.78%	25.00%	26.65%
Profit (Net Income) Margin	14.43%	16.78%	14.41%	15.10%	16.66%	14.81%	19.72%	17.65%	15.84%	16.53%
Tax Burden Percent	74.07%	75.30%	74.93%	72.70%	74.61%	75.29%	74.67%	75.32%	72.51%	72.87%
Interest Burden Percent	75.86%	81.48%	82.06%	83.99%	85.26%	83.63%	89.44%	87.53%	87.37%	85.12%
Effective Tax Rate	25.94%	24.70%	25.07%	27.30%	25.39%	24.71%	25.33%	24.68%	27.49%	27.13%
Return on Invested Capital (ROIC)	70.72%	69.93%	71.04%	64.99%	77.10%	68.21%	98.15%	83.72%	85.50%	81.55%
ROIC Less NNEP Spread (ROIC-NNEP)	69.72%	69.02%	70.33%	64.39%	76.49%	67.54%	97.54%	83.05%	84.97%	81.03%
Return on Net Nonoperating Assets (RNNOA)	-86.82%	-89.91%	-87.32%	-83.22%	-95.73%	-86.52%	-124.11%	-109.93%	-107.58%	-101.71%
Return on Equity (ROE)	-16.10%	-19.98%	-16.28%	-18.22%	-18.63%	-18.31%	-25.95%	-26.22%	-22.08%	-20.15%
Cash Return on Invested Capital (CROIC)	38.19%	58.06%	79.92%	50.80%	55.90%	55.50%	61.61%	74.40%	90.80%	61.64%
Operating Return on Assets (OROA)	24.83%	29.04%	19.07%	24.15%	30.07%	26.98%	33.99%	32.36%	35.33%	30.49%
Return on Assets (ROA)	13.95%	17.82%	11.73%	14.75%	19.13%	16.99%	22.70%	21.33%	22.38%	18.91%
Return on Common Equity (ROCE)	-16.10%	-19.98%	-16.28%	-18.22%	-18.63%	-18.31%	-25.95%	-26.22%	-22.08%	-20.15%
Return on Equity Simple (ROE_SIMPLE)	-10.39%	0.00%	-15.78%	-17.19%	-14.50%	0.00%	-19.17%	-21.61%	-22.52%	0.00%
Net Operating Profit after Tax (NOPAT)	18	22	19	19	23	22	32	31	29	30
NOPAT Margin	19.25%	20.73%	17.69%	17.95%	19.53%	17.67%	21.89%	19.94%	17.77%	18.84%
Net Nonoperating Expense Percent (NNEP)	1.00%	0.91%	0.71%	0.60%	0.61%	0.67%	0.61%	0.67%	0.54%	0.53%
Return On Investment Capital (ROIC_SIMPLE)	-	6.72%	-	-	-	8.80%	-	-	-	5.75%
Cost of Revenue to Revenue	16.97%	16.30%	15.36%	15.53%	15.05%	15.49%	14.59%	14.56%	15.00%	14.41%
SG&A Expenses to Revenue	18.01%	17.49%	21.75%	20.65%	19.68%	22.10%	17.27%	18.05%	19.87%	19.30%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	57.05%	56.16%	61.03%	59.79%	58.78%	61.04%	56.09%	58.96%	60.50%	59.73%
Earnings before Interest and Taxes (EBIT)	24	29	25	27	31	30	43	42	41	43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	27	33	29	30	35	34	47	47	46	50
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	11.44	11.43	14.02	14.45	12.28	16.36	21.65	22.73	20.40	13.32
Price to Earnings (P/E)	87.92	77.21	91.21	95.10	77.96	107.26	129.29	131.19	119.64	76.68
Dividend Yield	3.79%	3.72%	2.70%	0.48%	0.55%	0.32%	0.23%	0.21%	0.23%	0.34%
Earnings Yield	1.14%	1.30%	1.10%	1.05%	1.28%	0.93%	0.77%	0.76%	0.84%	1.30%
Enterprise Value to Invested Capital (EV/IC)	42.06	41.60	61.41	52.05	49.18	63.39	90.62	95.60	101.69	56.91
Enterprise Value to Revenue (EV/Rev)	13.00	12.84	15.24	15.63	13.64	17.63	22.78	23.78	21.37	14.66
Enterprise Value to EBITDA (EV/EBITDA)	47.48	44.04	52.12	54.37	47.29	63.47	77.66	79.65	72.34	48.25
Enterprise Value to EBIT (EV/EBIT)	54.82	50.23	59.26	61.87	53.65	72.09	87.04	89.33	81.35	54.45
Enterprise Value to NOPAT (EV/NOPAT)	73.09	65.35	77.26	82.83	71.91	96.83	117.38	119.87	110.52	74.99
Enterprise Value to Operating Cash Flow (EV/OCF)	87.96	60.20	64.91	68.22	55.91	66.71	86.73	84.02	67.27	58.20
Enterprise Value to Free Cash Flow (EV/FCFF)	125.09	74.58	76.56	111.44	96.34	122.67	165.77	134.23	113.25	102.93
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-1.76	-1.83	-1.88	-1.95	-1.50	-1.56	-1.64	-1.63	-1.60	-1.79
Long-Term Debt to Equity	-1.74	-1.81	-1.86	-1.95	-1.50	-1.56	-1.64	-1.63	-1.60	-1.79
Financial Leverage	-1.25	-1.30	-1.24	-1.29	-1.25	-1.28	-1.27	-1.32	-1.27	-1.26
Leverage Ratio	-0.93	-0.96	-1.19	-1.08	-0.86	-0.95	-1.06	-1.12	-0.91	-0.97
Compound Leverage Factor	-0.71	-0.78	-0.98	-0.91	-0.74	-0.79	-0.95	-0.98	-0.79	-0.82
Debt to Total Capital	231.64%	220.90%	214.05%	205.57%	301.10%	279.39%	256.02%	258.69%	268.05%	227.32%
Short-Term Debt to Total Capital	2.36%	2.26%	2.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	229.27%	218.64%	211.86%	205.57%	301.10%	279.39%	256.02%	258.69%	268.05%	227.32%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-131.64%	-120.90%	-114.05%	-105.57%	-201.10%	-179.39%	-156.02%	-158.69%	-168.05%	-127.32%
Debt to EBITDA	8.05	6.85	6.25	5.98	5.64	5.57	4.89	4.38	4.09	6.34
Net Debt to EBITDA	5.70	4.81	4.18	4.12	4.73	4.58	3.84	3.52	3.27	4.40
Long-Term Debt to EBITDA	7.96	6.78	6.19	5.98	5.64	5.57	4.89	4.38	4.09	6.34
Debt to NOPAT	12.39	10.17	9.27	9.12	8.57	8.50	7.39	6.59	6.25	9.86
Net Debt to NOPAT	8.78	7.14	6.19	6.27	7.19	6.99	5.80	5.29	5.00	6.84
Long-Term Debt to NOPAT	12.26	10.07	9.17	9.12	8.57	8.50	7.39	6.59	6.25	9.86
Altman Z-Score	2.80	3.24	4.27	4.84	3.76	5.41	7.97	8.73	8.08	3.86
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.68	3.63	3.14	4.05	1.97	2.03	2.17	1.93	1.40	4.52
Quick Ratio	3.01	3.11	2.60	3.39	1.34	1.45	1.55	1.33	0.85	3.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.18	13	20	-0.81	1.80	4.80	3.75	19	26	-2.72
Operating Cash Flow to CapEx	405.72%	463.55%	826.53%	96.74%	316.83%	301.91%	400.24%	351.21%	489.03%	47.34%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.97	1.06	0.81	0.98	1.15	1.15	1.15	1.21	1.41	1.14
Accounts Receivable Turnover	43.64	43.46	47.21	45.99	42.14	42.07	41.81	40.71	40.92	39.03
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.78	5.89	6.06	5.93	5.93	5.82	5.82	5.86	5.81	5.76
Accounts Payable Turnover	15.49	11.92	10.94	14.33	15.83	14.21	11.32	13.70	11.42	15.71
Days Sales Outstanding (DSO)	8.36	8.40	7.73	7.94	8.66	8.68	8.73	8.97	8.92	9.35
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	23.56	30.61	33.37	25.47	23.06	25.69	32.25	26.65	31.95	23.24
Cash Conversion Cycle (CCC)	-15.20	-22.21	-25.64	-17.53	-14.40	-17.01	-23.52	-17.68	-23.03	-13.89
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	100	110	97	124	121	128	125	136	124	161
Invested Capital Turnover	3.67	3.37	4.02	3.62	3.95	3.86	4.48	4.20	4.81	4.33
Increase / (Decrease) in Invested Capital	24	8.69	-0.71	20	21	18	28	12	2.75	33
Enterprise Value (EV)	4,221	4,589	5,944	6,463	5,973	8,112	11,323	12,978	12,629	9,173
Market Capitalization	3,714	4,088	5,467	5,973	5,376	7,527	10,764	12,405	12,057	8,336
Book Value per Share	($13.59)	($13.07)	($12.69)	($12.19)	($15.86)	($15.55)	($14.80)	($14.90)	($15.27)	($23.13)
Tangible Book Value per Share	($16.96)	($16.55)	($16.16)	($15.74)	($19.39)	($19.23)	($18.47)	($18.59)	($19.17)	($27.03)
Total Capital	309	323	333	346	236	255	278	276	266	531
Total Debt	715	714	713	711	712	712	713	713	714	1,206
Total Long-Term Debt	708	707	705	711	712	712	713	713	714	1,206
Net Debt	507	501	477	490	597	585	559	573	572	837
Capital Expenditures (CapEx)	5.84	4.98	4.32	13	11	13	11	10	14	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-39	-41	-59	-42	-49	-54	-61	-62	-95	-61
Debt-free Net Working Capital (DFNWC)	170	172	177	179	66	73	92	78	47	308
Net Working Capital (NWC)	162	164	170	179	66	73	92	78	47	308
Net Nonoperating Expense (NNE)	4.47	4.14	3.57	3.05	3.36	3.63	3.17	3.56	3.14	3.74
Net Nonoperating Obligations (NNO)	507	501	477	490	597	585	559	573	572	837
Total Depreciation and Amortization (D&A)	3.34	3.84	3.50	3.72	3.89	4.16	3.93	5.68	5.58	6.45
Debt-free, Cash-free Net Working Capital to Revenue	-11.94%	-11.58%	-15.08%	-10.28%	-11.30%	-11.66%	-12.35%	-11.31%	-16.03%	-9.79%
Debt-free Net Working Capital to Revenue	52.28%	47.99%	45.48%	43.39%	14.96%	15.94%	18.52%	14.34%	8.01%	49.24%
Net Working Capital to Revenue	50.03%	45.94%	43.61%	43.39%	14.96%	15.94%	18.52%	14.34%	8.01%	49.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.45	$0.58	$0.52	$0.54	$0.66	$0.64	$0.98	$0.94	$0.88	$0.92
Adjusted Weighted Average Basic Shares Outstanding	29.92M	29.93M	29.95M	29.97M	29.75M	29.34M	29.35M	29.34M	29.27M	28.66M
Adjusted Diluted Earnings per Share	$0.45	$0.59	$0.52	$0.54	$0.65	$0.64	$0.98	$0.93	$0.88	$0.91
Adjusted Weighted Average Diluted Shares Outstanding	29.97M	29.93M	30.03M	30.05M	29.82M	29.34M	29.48M	29.46M	29.38M	28.66M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.92M	29.93M	29.97M	29.98M	29.41M	29.34M	29.37M	29.30M	29.21M	28.66M
Normalized Net Operating Profit after Tax (NOPAT)	18	22	19	19	23	22	32	31	29	30
Normalized NOPAT Margin	19.44%	20.84%	17.75%	17.95%	19.54%	17.67%	21.89%	19.94%	17.77%	18.37%
Pre Tax Income Margin	19.48%	22.28%	19.23%	20.77%	22.33%	19.67%	26.41%	23.44%	21.84%	22.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	333.09%	266.83%	237.01%	36.95%	34.99%	35.49%	30.55%	27.65%	27.24%	26.55%
Augmented Payout Ratio	333.09%	266.83%	237.01%	36.95%	216.62%	214.19%	30.55%	191.17%	91.11%	315.99%

Frequently Asked Questions About Wingstop's Financials

When does Wingstop's fiscal year end?

According to the most recent income statement we have on file, Wingstop's financial year ends in December. Their financial year 2024 ended on December 28, 2024.

How has Wingstop's net income changed over the last 9 years?

Wingstop's net income appears to be on an upward trend, with a most recent value of $108.72 million in 2024, rising from $10.11 million in 2015. The previous period was $70.18 million in 2023.

What is Wingstop's operating income?

Wingstop's total operating income in 2024 was $165.62 million, based on the following breakdown:

Total Gross Profit: $534.18 million
Total Operating Expenses: $368.56 million

How has Wingstop revenue changed over the last 9 years?

Over the last 9 years, Wingstop's total revenue changed from $77.97 million in 2015 to $625.81 million in 2024, a change of 702.6%.

How much debt does Wingstop have?

Wingstop's total liabilities were at $1.39 billion at the end of 2024, a 66.6% increase from 2023, and a 968.0% increase since 2015.

How much cash does Wingstop have?

In the past 9 years, Wingstop's cash and equivalents has ranged from $3.75 million in 2016 to $315.91 million in 2024, and is currently $315.91 million as of their latest financial filing in 2024.

How has Wingstop's book value per share changed over the last 9 years?

Over the last 9 years, Wingstop's book value per share changed from -0.34 in 2015 to -23.13 in 2024, a change of 6,734.2%.

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This page (NASDAQ:WING) was last updated on 4/14/2025 by MarketBeat.com Staff

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Wingstop (WING) Financials

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Wingstop (WING) Financials

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