Wingstop Inc.WING

NasdaqConsumer SpendingRetail-Eating Places
Price (close)
$97.84
Market cap
$2.7B
P/E
22.9x
Revenue (TTM)
$720.7M
Net income
$116.4M
Dividend yield
1.26%
1-year total return
-60.4%
Net margin
16.2%
Revenue growth
7.6%
Debt / equity
—

What Wingstop Inc. does.

Throughout this report, unless the context indicates otherwise, Wingstop Inc. (NASDAQ: WING) and its consolidated subsidiaries are referred to as the “Company,” “Wingstop,” or in the first-person notations of “we,” “us,” and “our.”

Wingstop is the largest fast casual chicken wings-focused restaurant chain in the world, with more than 3,050 locations worldwide. The first Wingstop opened in Garland, Texas in 1994, and we began franchising Wingstop restaurants in 1997. Since 2015, Wingstop Inc.’s common stock has traded on the Nasdaq Global Select Market under the symbol “WING.” We are dedicated to serving the world flavor through an unparalleled guest experience and offering of classic wings, boneless wings, tenders, and chicken sandwiches, always cooked to order, and hand-sauced-and-tossed in 12 bold, distinctive flavors.

The Company is primarily a franchisor, with approximately 98% of Wingstop’s restaurants currently owned and operated by independent franchisees. We operate in a single segment for reporting purposes and generate revenues by charging royalties, advertising fees, and franchise fees to our franchisees and by operating a number of our own restaurants. We believe our asset-light, highly-franchised business model generates strong operating margins and requires low capital expenditures, creating stockholder value through strong and consistent free cash flow and capital-efficient growth.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$248.8M$282.5M$357.5M$460.1M$625.8M$696.9M
Net income$23.3M$42.7M$52.9M$70.2M$108.7M$174.3M
Free cash flow$59.5M$20.9M$52.3M$80.8M$105.7M$105.6M

More on WING.

Figures from Wingstop Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.