Wingstop (WING) Net Margin (2014 - 2026)
Wingstop (WING) reported Net Margin of 15.72% for Q3 2026, down 0.48 percentage points from 16.20% a year earlier and down 1.14 percentage points from the prior quarter.
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Analysis
Wingstop (WING) Net Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Sep 26, 2026, Wingstop's Net Margin came in at 16.03%, down 9.48 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).
- Five-year quarterly Net Margin spans a low of 9.57% in Q4 2021 and a high of 53.93% in Q1 2025.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of -0.49 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 Q3 2026 came in at 16.86% (Q2 2026), 16.27% (Q1 2026) and 15.23% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.28 Bn | 193.10 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 125.06 Bn | 112.69 Bn | - | 11.21% |
| 3 | Yum Brands | 45.39 Bn | 42.27 Bn | 1.47 Bn | 39.33% |
| 4 | Chipotle Mexican Grill | 44.51 Bn | 41.01 Bn | - | 10.32% |
| 5 | Restaurant Brands International | 27.33 Bn | 24.70 Bn | 1.40 Bn | 21.47% |
| 6 | Darden Restaurants | 26.09 Bn | 25.18 Bn | 1.68 Bn | 7.29% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 27.88% |
| 8 | Yum China Holdings | 17.13 Bn | 11.49 Bn | 537.00 Mn | 7.78% |
| 9 | Texas Roadhouse | 12.88 Bn | 12.25 Bn | - | 7.26% |
| 10 | Wingstop | 4.53 Bn | 3.98 Bn | 157.92 Mn | 15.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 15.72% |
| 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% |
API Access
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_KEYimport 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();