Wingstop (WING) Net Margin (2014 - 2026)
Wingstop (WING) posted Net Margin of 16.27% for Q1 2026, up 6.71% on a QoQ basis from 15.24% in Q4 2025, and down 3768.0% year-over-year from 0.44% in Q1 2025.
Wingstop (WING) Net Margin (2014 - 2026) Analysis & Trends
Wingstop's Net Margin history runs 13 years deep, the most recent figure standing at 16.27% for Q1 2026.
- Quarterly Net Margin fell 3768.0% year-over-year to 16.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.77% (down 1069.0% YoY) and the FY2025 annual result came in at 25.01%, up 764.0% from the prior year.
- Net Margin was 16.27% for Q1 2026 at Wingstop, up from 15.24% in the prior quarter.
- Across five years, Net Margin topped out at 53.94% in Q1 2025 and bottomed at 11.39% in Q1 2022.
- A 5-year average of 18.01% and a median of 15.88% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2025 — Net Margin jumped 3422 bps — and 2026, when it plunged 3768 bps.
- Wingstop's Net Margin stood at 16.78% in 2022, then declined by 12 bps to 14.81% in 2023, then increased by 12 bps to 16.53% in 2024, then decreased by 8 bps to 15.24% in 2025, then gained by 7 bps to 16.27% in 2026.
- Business Quant data shows WING's Net Margin at 16.27% in Q1 2026, 15.24% in Q4 2025, and 16.18% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 5.36% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 9.81% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 20.98% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 14.93% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | -0.08% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 10.06% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 7.56% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 11.37% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 5.10% |
| 10 | Wingstop | 3.71 Bn | 3.55 Bn | 159.01 Mn | 16.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 16.27% |
| Dec 27, 2025 | 15.24% |
| Sep 27, 2025 | 16.18% |
| Jun 28, 2025 | 15.35% |
| Mar 29, 2025 | 53.94% |
| 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 | 15.08% |
| Apr 1, 2023 | 14.41% |
| Dec 31, 2022 | 16.78% |
| Sep 24, 2022 | 14.40% |
| Jun 25, 2022 | 15.88% |
| Mar 26, 2022 | 11.39% |
| Dec 25, 2021 | 9.62% |
| Sep 25, 2021 | 17.16% |
| Jun 26, 2021 | 15.29% |