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Wingstop Valuation Multiples
Discover revenue and EBITDA valuation multiples for Wingstop and similar public comparables like Skylark Holdings, Americana Restaurants, Endeavour Group, Shake Shack and more.
Wingstop Overview
About Wingstop
Wingstop is a fast casual restaurant concept built around a simple chicken-centric menu. The firm primarily offers bone-in and boneless wings, tenders, and a chicken sandwich, customizable across 12 flavors. The banner generated $4.8 billion in system sales in 2024 across 2,563 units, with 86% located in the US. Wingstop largely operates as a franchisor, with 98% of units franchised, and earns revenue largely from collecting royalties and advertising fees paid by franchisees, with a smaller contribution from company-owned restaurant sales.
Founded
2015
HQ

Employees
1.4K
Website
Sectors
Financials (LTM)
EV
$6B
Wingstop Financials
Wingstop reported last 12-month revenue of $727M and EBITDA of $253M.
In the same LTM period, Wingstop generated $633M in gross profit, $253M in EBITDA, and $160M in net income.
Revenue (LTM)
Wingstop P&L
In the most recent fiscal year, Wingstop reported revenue of $697M and EBITDA of $298M.
Wingstop expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $727M | XXX | $697M | XXX | XXX | XXX |
| Gross Profit | $633M | XXX | $339M | XXX | XXX | XXX |
| Gross Margin | 87% | XXX | 49% | XXX | XXX | XXX |
| EBITDA | $253M | XXX | $298M | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | 43% | XXX | XXX | XXX |
| EBIT Margin | 27% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | $160M | XXX | $174M | XXX | XXX | XXX |
| Net Margin | 22% | XXX | 25% | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Wingstop Stock Performance
Wingstop has current market cap of $5B, and enterprise value of $6B.
Market Cap Evolution
Wingstop's stock price is $196.34.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $6B | $5B | -0.0% | XXX | XXX | XXX | $6.38 |
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Start Free TrialWingstop Valuation Multiples
Wingstop trades at 8.9x EV/Revenue multiple, and 25.4x EV/EBITDA.
EV / Revenue (LTM)
Wingstop Financial Valuation Multiples
As of April 20, 2026, Wingstop has market cap of $5B and EV of $6B.
Equity research analysts estimate Wingstop's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Wingstop has a P/E ratio of 33.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV/Revenue | 8.9x | XXX | 9.2x | XXX | XXX | XXX |
| EV/EBITDA | 25.4x | XXX | 21.6x | XXX | XXX | XXX |
| EV/EBIT | 33.0x | XXX | 34.3x | XXX | XXX | XXX |
| EV/Gross Profit | 10.2x | XXX | 19.0x | XXX | XXX | XXX |
| P/E | 33.6x | XXX | 30.8x | XXX | XXX | XXX |
| EV/FCF | 52.8x | XXX | 55.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Wingstop Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Wingstop Margins & Growth Rates
Wingstop's revenue in the last 12 month grew by 15%.
Wingstop's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.1M for the same period.
Wingstop's rule of 40 is 49% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Wingstop's rule of X is 71% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Wingstop Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 15% | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | 43% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | (8%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 49% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 71% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 37% | XXX | 38% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 16% | XXX | 16% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 22% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Wingstop Public Comps
See public comps and valuation multiples for other Restaurants & Nightlife comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Wingstop | XXX | XXX | XXX | XXX | XXX | XXX |
| Skylark Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Americana Restaurants | XXX | XXX | XXX | XXX | XXX | XXX |
| Endeavour Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Shake Shack | XXX | XXX | XXX | XXX | XXX | XXX |
| Food & Life Companies | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Wingstop M&A Activity
Wingstop acquired XXX companies to date.
Last acquisition by Wingstop was on XXXXXXXX, XXXXX. Wingstop acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Wingstop
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialWingstop Investment Activity
Wingstop invested in XXX companies to date.
Wingstop made its latest investment on XXXXXXXX, XXXXX. Wingstop invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Wingstop
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Wingstop
| When was Wingstop founded? | Wingstop was founded in 2015. |
| Where is Wingstop headquartered? | Wingstop is headquartered in United States. |
| How many employees does Wingstop have? | As of today, Wingstop has over 1K employees. |
| Who is the CEO of Wingstop? | Wingstop's CEO is Michael J. Skipworth. |
| Is Wingstop publicly listed? | Yes, Wingstop is a public company listed on Nasdaq. |
| What is the stock symbol of Wingstop? | Wingstop trades under WING ticker. |
| When did Wingstop go public? | Wingstop went public in 2015. |
| Who are competitors of Wingstop? | Wingstop main competitors are Skylark Holdings, Americana Restaurants, Endeavour Group, Shake Shack. |
| What is the current market cap of Wingstop? | Wingstop's current market cap is $5B. |
| What is the current revenue of Wingstop? | Wingstop's last 12 months revenue is $727M. |
| What is the current revenue growth of Wingstop? | Wingstop revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of Wingstop? | Current revenue multiple of Wingstop is 8.9x. |
| Is Wingstop profitable? | Yes, Wingstop is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Wingstop? | Wingstop's last 12 months EBITDA is $253M. |
| What is Wingstop's EBITDA margin? | Wingstop's last 12 months EBITDA margin is 35%. |
| What is the current EV/EBITDA multiple of Wingstop? | Current EBITDA multiple of Wingstop is 25.4x. |
| What is the current FCF of Wingstop? | Wingstop's last 12 months FCF is $122M. |
| What is Wingstop's FCF margin? | Wingstop's last 12 months FCF margin is 17%. |
| What is the current EV/FCF multiple of Wingstop? | Current FCF multiple of Wingstop is 52.8x. |
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