KPIs & Operating Metrics(New)
Growth Metrics

Wingstop (WING) Debt to Equity (2016 - 2025)

Wingstop (WING) has disclosed Debt to Equity for 12 consecutive years, with -$1.64 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity rose 8.08% year-over-year to -$1.64, compared with a TTM value of -$1.64 through Dec 2025, up 8.08%, and an annual FY2025 reading of -$1.64, up 8.08% over the prior year.
  • Debt to Equity was -$1.64 for Q4 2025 at Wingstop, up from -$1.72 in the prior quarter.
  • Across five years, Debt to Equity topped out at -$1.42 in Q1 2021 and bottomed at -$1.95 in Q3 2023.
  • Average Debt to Equity over 5 years is -$1.66, with a median of -$1.66 recorded in 2025.
  • The sharpest move saw Debt to Equity fell 20.48% in 2022, then rose 16.28% in 2024.
  • Year by year, Debt to Equity stood at -$1.52 in 2021, then fell by 20.48% to -$1.83 in 2022, then rose by 14.76% to -$1.56 in 2023, then decreased by 14.64% to -$1.79 in 2024, then grew by 8.08% to -$1.64 in 2025.
  • Business Quant data shows Debt to Equity for WING at -$1.64 in Q4 2025, -$1.72 in Q3 2025, and -$1.76 in Q2 2025.