KPIs & Operating Metrics(New)
Growth Metrics

Wingstop (WING) Operating Margin (2016 - 2025)

Wingstop's Operating Margin history spans 12 years, with the latest figure at 26.66% for Q4 2025.

  • For Q4 2025, Operating Margin rose 80.0% year-over-year to 26.66%; the TTM value through Dec 2025 reached 25.73%, down 74.0%, while the annual FY2025 figure was 25.73%, 74.0% down from the prior year.
  • Operating Margin reached 26.66% in Q4 2025 per WING's latest filing, down from 27.86% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 31.67% in Q3 2021 to a low of 19.74% in Q4 2021.
  • Average Operating Margin over 5 years is 25.69%, with a median of 25.97% recorded in 2025.
  • Peak YoY movement for Operating Margin: soared 932bps in 2021, then plummeted -695bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 19.74% in 2021, then skyrocketed by 39bps to 27.53% in 2022, then fell by -15bps to 23.47% in 2023, then increased by 10bps to 25.86% in 2024, then increased by 3bps to 26.66% in 2025.
  • Per Business Quant, the three most recent readings for WING's Operating Margin are 26.66% (Q4 2025), 27.86% (Q3 2025), and 25.95% (Q2 2025).