Wingstop (WING) Operating Margin (2014 - 2026)
Wingstop's (WING) quarterly Operating Margin came in at 29.44% in Q2 2026, up 349.0% YoY from 6.56% in Q2 2025, and up 7.3% on a QoQ basis from 27.44% in Q1 2026.
Analysis
Wingstop (WING) Operating Margin (2014 - 2026) Analysis & Trends
Wingstop (WING) has 13 years of Operating Margin data on file, last reported at 29.44% in Q2 2026.
- Quarterly Operating Margin rose 349.0% year-over-year to 29.44% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 27.87% (up 321.0% YoY) and the FY2025 annual result came in at 25.73%, down 74.0% from the prior year.
- Operating Margin advanced to 29.44% in Q2 2026, from 27.44% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 29.44% in Q2 2026 to a low of 21.79% in Q1 2022.
- A 5-year average of 25.88% and a median of 26.08% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin soared 779 bps — and 2025, when it tumbled 695 bps.
- Tracing WING's Operating Margin over 5 years: stood at 27.53% in 2022, then retreated by 15 bps to 23.47% in 2023, then rose by 10 bps to 25.86% in 2024, then climbed by 3 bps to 26.66% in 2025, then climbed by 10 bps to 29.44% in 2026.
- The last three Operating Margin figures came in at 29.44% (Q2 2026), 27.44% (Q1 2026), and 26.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 10.52% |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | 15.70% |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | 30.20% |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | 28.41% |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | 13.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 28.41% |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | 11.09% |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | 8.50% |
| 10 | Wingstop | 2.97 Bn | 2.82 Bn | 160.50 Mn | 29.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 29.44% |
| Mar 28, 2026 | 27.44% |
| Dec 27, 2025 | 26.66% |
| Sep 27, 2025 | 27.86% |
| Jun 28, 2025 | 25.95% |
| Mar 29, 2025 | 22.36% |
| Dec 28, 2024 | 25.86% |
| Sep 28, 2024 | 24.50% |
| Jun 29, 2024 | 26.47% |
| Mar 30, 2024 | 29.31% |
| Dec 30, 2023 | 23.47% |
| Sep 30, 2023 | 26.18% |
| Jul 1, 2023 | 24.69% |
| Apr 1, 2023 | 23.61% |
| Dec 31, 2022 | 27.53% |
| Sep 24, 2022 | 25.99% |
| Jun 25, 2022 | 26.71% |
| Mar 26, 2022 | 21.79% |
| Dec 25, 2021 | 19.74% |
| Sep 25, 2021 | 31.67% |