Wingstop Inc. logo WING - Wingstop Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 16
HOLD 19
SELL 0
STRONG
SELL
0
| PRICE TARGET: $335.21 DETAILS
HIGH: $400.00
LOW: $280.00
MEDIAN: $342.50
CONSENSUS: $335.21
UPSIDE: 21.32%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 625.8 460.1 357.5 282.5 248.8 199.7 153.2 133.3 103.3 78.0
Cost of Revenue 324.9 237.2 186.5 141.4 125.9 101.1 65.8 61.2 39.2 22.2
Gross Profit 300.9 222.8 171.1 141.1 122.9 98.6 87.4 72.1 64.2 55.8
Operating Expenses
R&D Expenses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
SG&A Expenses 116.8 96.9 67.1 62.9 61.1 50.2 44.6 34.9 34.6 33.4
Other Expenses 18.5 13.3 12.1 4.4 4.4 5.5 4.3 3.4 3.0 2.7
Operating Expenses 135.3 110.2 79.1 67.3 65.5 55.7 48.9 38.3 37.6 36.0
Operating Income
Operating Income 165.6 112.6 91.9 73.8 57.4 42.9 38.5 33.9 26.6 19.7
Interest Expense 21.3 18.2 21.2 15.0 16.8 17.1 10.1 5.1 4.4 3.5
Interest Income 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Profitability
EBITDA 188.0 125.8 101.4 81.8 51.2 48.4 41.4 37.2 29.4 22.0
EBIT 168.5 112.5 90.5 73.9 43.7 42.9 37.0 33.9 26.4 19.3
Income Before Tax 147.2 94.3 69.3 58.9 26.9 25.8 26.9 28.7 22.0 15.8
Income Tax Expense 38.5 24.1 16.4 16.2 3.6 5.3 5.2 4.8 8.2 5.7
Net Income 108.7 70.2 52.9 42.7 23.3 20.5 21.7 23.9 13.8 10.1
Per Share Data
EPS (Basic) 3.72 2.36 1.77 1.43 0.79 0.70 0.74 0.94 0.54 0.37
EPS (Diluted) 3.70 2.35 1.77 1.42 0.78 0.69 0.73 0.93 0.53 0.36
Shares Outstanding 29.3 29.8 29.9 29.8 29.6 29.4 29.2 29.0 28.6 27.5
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Current Assets
Cash & Cash Equivalents 315.9 90.2 184.5 48.6 40.9 12.8 12.5 4.1 3.8 10.7
Short-Term Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net Receivables 19.7 12.4 9.5 8.1 8.5 5.8 5.8 7.1 3.2 3.4
Inventory 0.0 0.5 0.4 0.5 0.4 0.3 0.3 0.2 0.2 0.2
Other Current Assets 60.0 37.6 29.6 10.4 21.3 9.7 9.6 2.9 2.5 4.2
Total Current Assets 395.6 144.3 226.7 70.1 72.6 30.2 29.9 15.9 11.1 19.6
Non-Current Assets
Property, Plant & Equipment 175.0 110.4 66.9 54.5 27.9 27.8 8.3 5.8 5.0 4.6
Goodwill 74.7 67.7 62.5 56.9 53.7 50.2 49.7 46.6 45.1 45.1
Intangible Assets 39.2 40.4 41.7 43.0 44.3 45.6 46.9 48.3 49.6 51.0
Long-Term Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Non-Current Assets 31.7 14.9 26.4 24.7 13.0 12.3 4.9 3.3 0.9 0.3
Total Non-Current Assets 320.6 233.5 197.5 179.1 138.9 135.9 109.8 103.9 100.7 101.5
Total Assets 716.2 377.8 424.2 249.2 211.6 166.1 139.7 119.8 111.8 121.1
Current Liabilities
Account Payables 6.9 4.7 5.2 5.4 3.7 3.3 2.8 1.8 1.5 1.3
Short-Term Debt 0.0 0.0 7.3 0.0 3.6 3.2 2.4 3.5 3.5 0.0
Deferred Revenue 6.0 4.8 6.0 5.0 4.6 4.4 5.1 4.1 2.5 1.9
Other Current Liabilities 32.7 25.3 15.2 6.2 16.5 4.9 5.1 2.9 2.5 3.8
Total Current Liabilities 87.4 71.0 62.4 39.7 50.5 32.9 26.5 18.9 16.7 12.6
Non-Current Liabilities
Long-Term Debt 1,206.2 712.3 706.8 469.4 466.9 307.7 309.4 129.8 147.2 95.0
Deferred Tax Liabilities 1.1 3.7 4.2 7.4 4.5 4.5 4.9 8.8 12.3 13.0
Other Non-Current Liabilities 0.1 0.2 14.6 14.2 6.0 8.1 2.0 29.3 2.3 2.1
Total Non-Current Liabilities 1,304.4 764.2 752.6 519.0 502.4 342.6 338.1 159.1 169.7 117.8
Total Liabilities 1,391.8 835.2 815.1 558.7 552.9 375.5 364.6 178.3 186.4 130.3
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3
Retained Earnings (676.9) (460.0) (393.3) (310.0) (342.0) (210.3) (226.2) (48.8) (76.1) (46.8)
Accumulated Other Comprehensive Income (0.5) (0.3) (0.6) (0.3) 0.0 0.0 0.0 0.0 0.0 0.0
Total Stockholders' Equity (675.6) (457.4) (390.9) (309.5) (341.3) (209.4) (224.8) (48.3) (74.6) (9.7)
Total Liabilities & Equity 716.2 377.8 424.2 249.2 211.6 166.1 139.7 119.8 111.8 121.1
Debt Metrics
Total Debt 1,265.4 732.5 716.4 471.8 472.9 312.7 311.8 133.3 150.7 95.0
Net Debt 949.5 642.3 531.9 423.3 432.1 299.8 299.3 129.3 147.0 84.3
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Operating Activities
Net Income 108.7 70.2 52.9 42.7 23.3 20.5 21.7 27.3 15.4 10.1
Depreciation & Amortization 19.5 13.2 10.9 7.9 7.5 5.5 4.3 3.4 3.0 2.7
Stock-Based Compensation 22.1 15.6 4.2 9.6 8.6 7.0 3.7 1.9 1.2 1.2
Change in Working Capital 8.0 22.0 7.5 (12.2) 14.0 4.5 8.1 (2.3) 3.9 0.6
Other Non-Cash Items 1.1 2.1 3.9 (2.1) 12.1 1.6 2.0 0.3 (0.7) (0.5)
Operating Cash Flow 157.6 121.6 76.2 48.9 65.5 38.6 38.8 27.0 22.2 13.0
Investing Activities
Capital Expenditure (51.9) (40.8) (23.9) (28.0) (6.1) (22.5) (4.0) (2.5) (2.1) (1.9)
Acquisitions (10.0) (10.8) (7.8) (4.9) (6.7) (1.2) (6.5) (3.9) 0.0 0.0
Purchases of Investments (0.5) (0.8) (1.0) (4.2) 0.0 0.0 0.0 0.0 0.0 0.0
Sales/Maturities of Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Investing Activities 0.0 0.3 4.1 7.2 4.8 0.0 0.0 (3.9) 0.0 0.0
Investing Cash Flow (62.5) (52.2) (28.7) (29.9) (8.0) (23.7) (10.5) (6.5) (2.1) (1.9)
Financing Activities
Net Debt Issuance 500.0 (3.6) 247.0 (2.4) 162.4 (2.4) 186.2 (17.5) 55.8 1.8
Stock Repurchased (314.7) (125.4) (0.3) 0.0 0.0 0.0 (0.2) 0.0 0.0 0.0
Dividends Paid (28.9) (24.9) (141.3) (19.8) (163.8) (11.7) (190.7) (4.1) (83.3) (48.0)
Other Financing Activities (11.7) (1.5) (2.1) (1.2) (18.1) (1.1) (9.1) 1.3 0.5 1.1
Financing Cash Flow 144.8 (155.5) 103.3 (23.4) (19.4) (14.6) (13.7) (20.3) (27.1) (10.2)
Cash Position
Net Change in Cash 239.9 (86.0) 150.8 (4.4) 38.1 0.2 14.5 0.3 (6.9) 1.0
Cash at Beginning 119.7 205.7 54.9 59.3 21.2 20.9 6.4 3.8 10.7 9.7
Cash at End 359.6 119.7 205.7 54.9 59.3 21.2 20.9 4.1 3.8 10.7
Free Cash Flow 105.7 80.8 52.3 20.9 59.5 16.1 34.8 24.5 20.1 11.1
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 625.8 460.1 357.5 282.5 248.8 199.7 153.2 133.3 103.3 78.0
Gross Profit 300.9 222.8 171.1 141.1 122.9 98.6 87.4 72.1 64.2 55.8
Operating Income 165.6 112.6 91.9 73.8 57.4 42.9 38.5 33.9 26.6 19.7
Net Income 108.7 70.2 52.9 42.7 23.3 20.5 21.7 23.9 13.8 10.1
EPS (Diluted) 3.70 2.35 1.77 1.42 0.78 0.69 0.73 0.93 0.53 0.36
Balance Sheet
Cash & Equivalents 315.9 90.2 184.5 48.6 40.9 12.8 12.5 4.1 3.8 10.7
Total Assets 716.2 377.8 424.2 249.2 211.6 166.1 139.7 119.8 111.8 121.1
Total Debt 1,265.4 732.5 716.4 471.8 472.9 312.7 311.8 133.3 150.7 95.0
Stockholders' Equity (675.6) (457.4) (390.9) (309.5) (341.3) (209.4) (224.8) (48.3) (74.6) (9.7)
Cash Flow
Operating Cash Flow 157.6 121.6 76.2 48.9 65.5 38.6 38.8 27.0 22.2 13.0
Capital Expenditure (51.9) (40.8) (23.9) (28.0) (6.1) (22.5) (4.0) (2.5) (2.1) (1.9)
Free Cash Flow 105.7 80.8 52.3 20.9 59.5 16.1 34.8 24.5 20.1 11.1