WING - NASDAQ
Wingstop Inc.
$144.05
+0.45%Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name. Its restaurants offer classic wings, boneless wings, and tenders that are cooked-to-order, and hand-sauced-and-tossed in various flavors. As of December 25, 2021, the company had 1,695 franchised restaurants and 36 company-owned restaurants in 44 states and 7 countries worldwide. Wingstop Inc. was founded in 1994 and is headquartered in Addison, Texas.
At a Glance
Live SnapshotWingstop Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
CapEx Intensity
Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.
FCF Growth Trend
Flat FCF growth. Stable but not expanding—monitor for signs of business maturity or temporary headwinds.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.
Wingstop Inc. Cash Flow Statement
WING • NASDAQ
| Wingstop Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||
174.3M | 108.7M | 70.2M | 52.9M | 42.7M | 23.3M | 20.5M | 21.7M | 27.3M | 15.4M | 10.1M | 9M | 7.5M | 3.6M | |
25.1M | 19.5M | 13.2M | 10.9M | 7.9M | 7.5M | 5.5M | 4.3M | 3.4M | 3M | 2.7M | 2.9M | 3M | 2.9M | |
35.9M | -1.8M | -1.6M | -3.3M | 3M | -4K | -426K | -1.1M | -3.5M | -714K | -1M | -1.5M | -917K | -1.1M | |
24.9M | 22.1M | 15.6M | 4.2M | 9.6M | 8.6M | 7M | 3.7M | 1.9M | 1.2M | 1.2M | 960K | 748K | 464K | |
-91.6M | 1.1M | 2.1M | 3.9M | -2.1M | 12.1M | 1.6M | 2M | 292K | -726K | -463K | -659K | -326K | 2.4M | |
(0.0) | (38.8M) | (27.9M) | (13.6M) | (10.4M) | (7.3M) | (5.4M) | (3M) | (10.1M) | (7.2M) | (5.4M) | (6.2M) | (4.7M) | (4.5M) | |
-15.4M | 8M | 22M | 7.5M | -12.2M | 14M | 4.5M | 8.1M | -2.3M | 3.9M | 613K | 3.7M | 841K | 2.2M | |
153.1M | 157.6M | 121.6M | 76.2M | 48.9M | 65.5M | 38.6M | 38.8M | 27M | 22.2M | 13M | 14.4M | 10.9M | 10.4M | |
INVESTING ACTIVITIES | ||||||||||||||
-47.4M | -51.9M | -40.8M | -23.9M | -28M | -6.1M | -22.5M | -4M | -2.5M | -2.1M | -1.9M | -1.5M | -2.1M | -1.6M | |
-1.2M | -10M | -10.8M | -7.8M | -4.9M | -6.7M | -1.2M | -6.5M | -3.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | -500K | -808K | -997K | -4.2M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
15.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
16M | 0.0 | 320K | 4.1M | 7.2M | 4.8M | 0.0 | 0.0 | -3.9M | 0.0 | 0.0 | 1.1M | 2K | 170K | |
-17.5M | -62.5M | -52.2M | -28.7M | -29.9M | -8M | -23.7M | -10.5M | -6.5M | -2.1M | -1.9M | -363K | -2.1M | -1.4M | |
FINANCING ACTIVITIES | ||||||||||||||
-220.5M | -314.7M | -125.4M | -315K | 0.0 | 0.0 | 689K | -183K | 0.0 | 0.0 | 35M | 0.0 | 0.0 | 0.0 | |
0.0 | 500M | -3.7M | 247M | -2.4M | 162.4M | -2.4M | 186.3M | -17.5M | 55.8M | 1.8M | -8.8M | 30.5M | 12M | |
-32.4M | -28.9M | -24.9M | -141.3M | -19.8M | -163.8M | -11.7M | -190.7M | -4.1M | -83.3M | -48M | (0.0) | -38.5M | -19.3M | |
-221.9M | -314.7M | -125.4M | -315K | (0.0) | (0.0) | (0.0) | -183K | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-13.9M | -11.7M | -1.5M | -2.1M | -1.2M | -18.1M | -1.1M | -9.1M | 1.3M | 468K | 1.1M | 1.3M | -1.8M | 379K | |
-266.7M | 144.8M | -155.5M | 103.3M | -23.4M | -19.4M | -14.6M | -13.7M | -20.3M | -27.1M | -10.2M | -7.5M | -9.8M | -6.9M | |
CASH FLOW SUMMARY | ||||||||||||||
-131.1M | 239.9M | -86M | 150.8M | -4.4M | 38.1M | 235K | 14.5M | 313K | -6.9M | 967K | 6.6M | -1.1M | 2.1M | |
359.6M | 119.7M | 205.7M | 54.9M | 59.3M | 21.2M | 20.9M | 6.4M | 3.8M | 10.7M | 9.7M | 3.2M | 4.3M | 2.2M | |
228.5M | 359.6M | 119.7M | 205.7M | 54.9M | 59.3M | 21.2M | 20.9M | 4.1M | 3.8M | 10.7M | 9.7M | 3.2M | 4.3M | |
105.6M | 105.7M | 80.8M | 52.3M | 20.9M | 59.5M | 16.1M | 34.8M | 24.5M | 20.1M | 11.1M | 12.9M | 8.8M | 8.8M |
SEC Filings
WING - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 28, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 02, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 11, 2026 | March 05, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 18, 2026 | December 27, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 13, 2026 | January 13, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 04, 2025 | November 03, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 27, 2025 | 2025 |
Related Guides
Continue your WING research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.