Wingstop (WING) Shares Outstanding (Diluted) (2014 - 2026)
Wingstop (WING) reported Weighted Average Shares Outstanding (Diluted) of 27.14 million for Q3 2026, down 3.1% from 27.99 million a year earlier and down 0.4% from the prior quarter.
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Analysis
Wingstop (WING) Shares Outstanding (Diluted) (2014 - 2026) Analysis & Trends
For FY2025, Wingstop posted Weighted Average Shares Outstanding (Diluted) of 28.07 million, down 4.5% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has declined for three consecutive years, with a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 29.38 million in FY2024 (-1.6%), 29.86 million in FY2023 (-0.4%), 29.96 million in FY2022 (+0.1%) and 29.94 million in FY2021 (+0.5%).
- The Q3 2026 figure ranks as the lowest quarterly Weighted Average Shares Outstanding (Diluted) since Q2 2015.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last 13 quarters, with an average decline of 3.5% over the last eight quarters.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was Q4 2021 (growth of 0.5%); the low point was Q2 2025 (a decline of 5.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 27.25 million (Q2 2026), 27.59 million (Q1 2026) and 28.07 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.28 Bn | 193.10 Bn | 6.42 Bn | 711.10 Mn |
| 2 | Starbucks | 125.06 Bn | 112.69 Bn | - | 1.14 Bn |
| 3 | Yum Brands | 45.39 Bn | 42.27 Bn | 1.47 Bn | 277.00 Mn |
| 4 | Chipotle Mexican Grill | 44.51 Bn | 41.01 Bn | - | 1.28 Bn |
| 5 | Restaurant Brands International | 27.33 Bn | 24.70 Bn | 1.40 Bn | 457.00 Mn |
| 6 | Darden Restaurants | 26.09 Bn | 25.18 Bn | 1.68 Bn | 114.40 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 335.00 Mn |
| 8 | Yum China Holdings | 17.13 Bn | 11.49 Bn | 537.00 Mn | 349.00 Mn |
| 9 | Texas Roadhouse | 12.88 Bn | 12.25 Bn | - | 65.92 Mn |
| 10 | Wingstop | 4.53 Bn | 3.98 Bn | 157.92 Mn | 27.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 27.14 Mn |
| Jun 27, 2026 | 27.25 Mn |
| Mar 28, 2026 | 27.59 Mn |
| Dec 27, 2025 | 28.07 Mn |
| Sep 27, 2025 | 27.99 Mn |
| Jun 28, 2025 | 28.00 Mn |
| Mar 29, 2025 | 28.51 Mn |
| Dec 28, 2024 | 29.38 Mn |
| Sep 28, 2024 | 29.38 Mn |
| Jun 29, 2024 | 29.46 Mn |
| Mar 30, 2024 | 29.48 Mn |
| Dec 30, 2023 | 29.86 Mn |
| Sep 30, 2023 | 29.82 Mn |
| Jul 1, 2023 | 30.05 Mn |
| Apr 1, 2023 | 30.03 Mn |
| Dec 31, 2022 | 29.96 Mn |
| Sep 24, 2022 | 29.97 Mn |
| Jun 25, 2022 | 29.91 Mn |
| Mar 26, 2022 | 29.97 Mn |
| Dec 25, 2021 | 29.94 Mn |
API Access
Wingstop Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=WING&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=WING&period=max&api_key=YOUR_API_KEY");
const data = await res.json();