Wingstop (WING) Net Margin (2014 - 2026)
Wingstop (WING) reported Net Margin of 16.86% for Q2 2026, up 1.51 percentage points from 15.35% a year earlier and up 0.60 percentage points from the prior quarter.
Wingstop (WING) Net Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Wingstop's Net Margin came in at 16.15%, down 9.46 percentage points year-over-year; for FY2025, it was 25.01%, up 7.64 percentage points from FY2024.
- Net Margin has increased for three consecutive years, with a five-year change of +15.64 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 17.37% in FY2024 (+2.12 pp), 15.25% in FY2023 (+0.44 pp), 14.81% in FY2022 (-0.29 pp) and 15.10% in FY2021 (+5.73 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q1 2025.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of -0.53 percentage points.
- The high point for year-over-year Net Margin in five years was Q1 2025 (a gain of 34.21 percentage points); the low point was Q1 2026 (a drop of 37.66 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.27% (Q1 2026), 15.23% (Q4 2025) and 16.20% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 11.21% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 39.33% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 12.05% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 20.12% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 7.29% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 26.39% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 7.78% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 7.26% |
| 10 | Wingstop | 3.58 Bn | 2.89 Bn | 160.50 Mn | 16.86% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 16.86% |
| Mar 28, 2026 | 16.27% |
| Dec 27, 2025 | 15.23% |
| Sep 27, 2025 | 16.20% |
| Jun 28, 2025 | 15.35% |
| Mar 29, 2025 | 53.93% |
| Dec 28, 2024 | 16.53% |
| Sep 28, 2024 | 15.84% |
| Jun 29, 2024 | 17.65% |
| Mar 30, 2024 | 19.72% |
| Dec 30, 2023 | 14.81% |
| Sep 30, 2023 | 16.66% |
| Jul 1, 2023 | 15.10% |
| Apr 1, 2023 | 14.41% |
| Dec 31, 2022 | 16.78% |
| Sep 24, 2022 | 14.43% |
| Jun 25, 2022 | 15.88% |
| Mar 26, 2022 | 11.39% |
| Dec 25, 2021 | 9.57% |
| Sep 25, 2021 | 17.16% |
Wingstop Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WING&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WING", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WING&period=max&api_key=YOUR_API_KEY");
const data = await res.json();