WINGWingstop Inc.
Retail-Eating Places
- Revenue
- $697M
- 11% YoY
- Operating margin
- 25.7%
- 2.8% YoY
- EBITDA
- $204M
- 10% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.4×
- $1.1B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear88% of net incomeCash flow under 80% of net income
- Dilutive SBCClear4% of revenueOver 10% of revenue
- Payouts exceed cash flowFired166% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear15% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $283M | $358M | $460M | $626M | $697M | 11% |
| Operating income | $74M | $92M | $113M | $166M | $179M | 8.3% |
| Net income | $43M | $53M | $70M | $109M | $174M | 60% |
| Operating cash flow | $49M | $76M | $122M | $158M | $153M | 2.9% |
| Capex | $28M | $24M | $41M | $52M | $47M | 8.6% |
| Stock-based comp | $10M | $4M | $16M | $22M | $25M | 13% |
| Buybacks | $0 | $0 | $125M | $315M | $222M | 29% |
| Dividends | $20M | $141M | $25M | $29M | $32M | 12% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $39K · 1
- Net
- −$39K
Pay vs performance
No pay-versus-performance disclosure yet.