Wingstop (WING)
Market Price (3/1/2026): $259.44 | Market Cap: $7.2 BilSector: Consumer Discretionary | Industry: Restaurants
Wingstop (WING)
Market Price (3/1/2026): $259.44Market Cap: $7.2 BilSector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% | Weak multi-year price returns2Y Excs Rtn is -58%, 3Y Excs Rtn is -26% | Expensive valuation multiplesP/SPrice/Sales ratio is 10x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 47x |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 27% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12% | Key risksWING key risks include [1] its reliance on a single distributor and a limited group of suppliers and [2] its dependence on franchisee performance and their ability to successfully expand. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15% | ||
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Last-Mile Delivery, and Direct-to-Consumer Brands (Staples). |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Last-Mile Delivery, and Direct-to-Consumer Brands (Staples). |
| Weak multi-year price returns2Y Excs Rtn is -58%, 3Y Excs Rtn is -26% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 10x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 47x |
| Key risksWING key risks include [1] its reliance on a single distributor and a limited group of suppliers and [2] its dependence on franchisee performance and their ability to successfully expand. |
Qualitative Assessment
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Wingstop (WING) stock has remained largely at the same level since 11/30/2025 because of the following key factors:
1. Conflicting Fourth Quarter 2025 Earnings Results.
Wingstop's stock movement was influenced by a mixed fourth quarter 2025 earnings report released on February 18, 2026. The company reported adjusted earnings per share (EPS) of $1.00, exceeding the consensus estimate of $0.84 by $0.16. However, quarterly revenue of $175.69 million narrowly missed the analyst consensus of $177.74 million. This combination of an EPS beat and a revenue miss created conflicting signals for investors.
2. Domestic Same-Store Sales Decline Offset by Robust Unit Expansion.
A significant factor was the substantial decline in domestic same-store sales, which fell by 5.8% in Q4 2025 and 3.3% for the full fiscal year 2025, marking the first annual decline in 22 years. This weakening performance at existing locations was attributed to macroeconomic pressures affecting lower-income consumers and increased competition. Counteracting this, Wingstop demonstrated strong growth through unit expansion, opening 124 net new restaurants in Q4 2025 and a total of 493 net new restaurants in fiscal year 2025, representing a 19.2% unit growth. This strong expansion drove system-wide sales up by 9.3% in Q4 2025, providing a positive counterbalance to the same-store sales weakness.
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1. Conflicting Fourth Quarter 2025 Earnings Results.
Wingstop's stock movement was influenced by a mixed fourth quarter 2025 earnings report released on February 18, 2026. The company reported adjusted earnings per share (EPS) of $1.00, exceeding the consensus estimate of $0.84 by $0.16. However, quarterly revenue of $175.69 million narrowly missed the analyst consensus of $177.74 million. This combination of an EPS beat and a revenue miss created conflicting signals for investors.
2. Domestic Same-Store Sales Decline Offset by Robust Unit Expansion.
A significant factor was the substantial decline in domestic same-store sales, which fell by 5.8% in Q4 2025 and 3.3% for the full fiscal year 2025, marking the first annual decline in 22 years. This weakening performance at existing locations was attributed to macroeconomic pressures affecting lower-income consumers and increased competition. Counteracting this, Wingstop demonstrated strong growth through unit expansion, opening 124 net new restaurants in Q4 2025 and a total of 493 net new restaurants in fiscal year 2025, representing a 19.2% unit growth. This strong expansion drove system-wide sales up by 9.3% in Q4 2025, providing a positive counterbalance to the same-store sales weakness.
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Stock Movement Drivers
Fundamental Drivers
The -2.0% change in WING stock from 11/30/2025 to 2/28/2026 was primarily driven by a -2.7% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 264.73 | 259.51 | -2.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 683 | 697 | 2.0% |
| Net Income Margin (%) | 25.5% | 25.0% | -2.0% |
| P/E Multiple | 42.4 | 41.3 | -2.7% |
| Shares Outstanding (Mil) | 28 | 28 | 0.7% |
| Cumulative Contribution | -2.0% |
Market Drivers
11/30/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| WING | -2.0% | |
| Market (SPY) | 0.4% | 29.9% |
| Sector (XLY) | -1.2% | 25.6% |
Fundamental Drivers
The -20.8% change in WING stock from 8/31/2025 to 2/28/2026 was primarily driven by a -22.6% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 327.69 | 259.51 | -20.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 670 | 697 | 4.0% |
| Net Income Margin (%) | 25.6% | 25.0% | -2.3% |
| P/E Multiple | 53.3 | 41.3 | -22.6% |
| Shares Outstanding (Mil) | 28 | 28 | 0.8% |
| Cumulative Contribution | -20.8% |
Market Drivers
8/31/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| WING | -20.8% | |
| Market (SPY) | 6.6% | 26.5% |
| Sector (XLY) | 1.0% | 29.3% |
Fundamental Drivers
The 11.0% change in WING stock from 2/28/2025 to 2/28/2026 was primarily driven by a 44.0% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 233.76 | 259.51 | 11.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 626 | 697 | 11.4% |
| Net Income Margin (%) | 17.4% | 25.0% | 44.0% |
| P/E Multiple | 62.6 | 41.3 | -34.1% |
| Shares Outstanding (Mil) | 29 | 28 | 5.0% |
| Cumulative Contribution | 11.0% |
Market Drivers
2/28/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| WING | 11.0% | |
| Market (SPY) | 16.5% | 31.2% |
| Sector (XLY) | 8.9% | 32.8% |
Fundamental Drivers
The 54.1% change in WING stock from 2/28/2023 to 2/28/2026 was primarily driven by a 94.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282023 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 168.42 | 259.51 | 54.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 358 | 697 | 94.9% |
| Net Income Margin (%) | 14.8% | 25.0% | 68.9% |
| P/E Multiple | 95.2 | 41.3 | -56.7% |
| Shares Outstanding (Mil) | 30 | 28 | 8.0% |
| Cumulative Contribution | 54.1% |
Market Drivers
2/28/2023 to 2/28/2026| Return | Correlation | |
|---|---|---|
| WING | 54.1% | |
| Market (SPY) | 79.6% | 32.3% |
| Sector (XLY) | 64.4% | 31.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WING Return | 31% | -17% | 87% | 11% | -16% | 14% | 117% |
| Peers Return | 18% | -19% | 39% | 20% | -10% | 7% | 52% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| WING Win Rate | 58% | 33% | 75% | 67% | 42% | 100% | |
| Peers Win Rate | 53% | 38% | 55% | 55% | 42% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| WING Max Drawdown | -12% | -58% | -4% | -5% | -27% | -7% | |
| Peers Max Drawdown | -11% | -34% | -6% | -7% | -22% | -3% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DPZ, YUM, QSR, CMG, SHAK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/27/2026 (YTD)
How Low Can It Go
| Event | WING | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -62.6% | -25.4% |
| % Gain to Breakeven | 167.6% | 34.1% |
| Time to Breakeven | 314 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -51.1% | -33.9% |
| % Gain to Breakeven | 104.4% | 51.3% |
| Time to Breakeven | 27 days | 148 days |
| 2018 Correction | ||
| % Loss | -31.9% | -19.8% |
| % Gain to Breakeven | 46.8% | 24.7% |
| Time to Breakeven | 150 days | 120 days |
Compare to DPZ, YUM, QSR, CMG, SHAK
In The Past
Wingstop's stock fell -62.6% during the 2022 Inflation Shock from a high on 9/16/2021. A -62.6% loss requires a 167.6% gain to breakeven.
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About Wingstop (WING)
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.
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The Chick-fil-A of chicken wings.
An In-N-Out Burger for chicken wings.
A Shake Shack for chicken wings.
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- Bone-in Wings: Classic chicken wings, available in various flavors and quantities.
- Boneless Wings: Chicken breast pieces, breaded and fried, offered in multiple flavors.
- Crispy Tenders: Strips of breaded and fried chicken breast, served with dipping sauces.
- Fries: Fresh-cut, seasoned french fries, a popular side item.
- Dips & Sides: A selection of sauces, veggie sticks, and other complementary food items.
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Wingstop (symbol: WING) primarily sells its products directly to individual consumers rather than to other companies. As such, it does not have major corporate customers.
Based on its business model as a fast-casual restaurant chain, Wingstop serves the following categories of individual customers:
- Everyday Diners and Small Groups: This category encompasses individual consumers and small groups (e.g., families, couples) who are looking for a convenient, flavorful meal for lunch or dinner. These customers are seeking a quick service option for their daily food needs.
- Event & Group Caterers: Customers who purchase larger quantities of wings and sides for social gatherings, parties, sporting events, or office lunches. This category highlights the role Wingstop plays in providing food for multiple people during special occasions or group activities.
- Convenience & Delivery-Focused Customers: These customers prioritize ease of access and quick service. They often utilize Wingstop's digital ordering platforms, mobile app, and third-party delivery services to enjoy their meals with minimal effort, catering to a desire for hassle-free food solutions.
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- Tyson Foods (TSN)
- The Coca-Cola Company (KO)
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Michael J. Skipworth President & Chief Executive Officer
Michael J. Skipworth has served as President and Chief Executive Officer and a board director since March 2022. He previously held roles as President and Chief Operating Officer from August 2021. Skipworth joined Wingstop in December 2014, holding various leadership roles in finance and accounting, including Chief Financial Officer until August 2021. Prior to Wingstop, he was Vice President, Corporate Controller, and then Senior Vice President of Finance and Accounting at Cardinal Logistics Holdings, LLC. He also worked as an Audit Senior Manager at KPMG, LLP. He was a key player in taking Wingstop public in 2015.
Alex R. Kaleida Senior Vice President, Chief Financial Officer
Alex R. Kaleida has been Senior Vice President and Chief Financial Officer since 2021. He joined Wingstop in 2019 as Vice President of Financial Planning & Analysis. Prior to joining Wingstop, he held various leadership positions at Kraft Heinz Company and Wendy's.
Donnie S. Upshaw Senior Vice President, Corporate Restaurants and Chief People Officer
Donnie S. Upshaw serves as Senior Vice President, Corporate Restaurants and Chief People Officer.
Marisa J. Carona Senior Vice President, Chief U.S. Franchise Operations and Development Officer
Marisa J. Carona holds the position of Senior Vice President, Chief U.S. Franchise Operations and Development Officer.
Albert G. McGrath Senior Vice President, General Counsel and Secretary
Albert G. McGrath (also known as Gerry McGrath) serves as Senior Vice President, General Counsel and Secretary.
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The key risks to Wingstop's business include:
- Supply Chain Dependence: Wingstop relies on a single distributor and a limited group of suppliers for all its food items and packaging. This exposes the company to risks related to the distributor's and suppliers' timeliness, solvency, reputation, labor relations, freight costs, raw material prices, and adherence to health and safety standards. Wingstop has limited control over these entities.
- Franchisee Performance and Expansion Challenges: A significant portion of Wingstop's revenue is derived from royalties from its franchised restaurants. Therefore, the company's success is highly dependent on the ability to recruit suitable franchisees and their capacity to open new restaurants as planned. Rapid expansion into new or existing markets also carries the risk of overpenetration or diminished local demand, especially if consumer spending weakens.
- Consumer Discretionary Spending and Demand Volatility: Wingstop is sensitive to shifts in consumer discretionary spending, as evidenced by fluctuations in same-store sales. Sustained periods of softer consumer traffic or increased discounting could negatively impact comparable store sales and the financial health of its franchisees.
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The addressable markets for Wingstop's main products and services, primarily chicken wings and other chicken-based fast-food items, can be identified at both a global and U.S. regional level.
Global Market
The global chicken wings market is a significant addressable market. In 2025, the global chicken wings market size is valued at approximately USD 27.72 billion and is projected to reach USD 46.7 billion by 2035, growing at a compound annual growth rate (CAGR) of 5.3% from 2025 to 2035. Another estimate places the global chicken wings market size at approximately USD 50 billion in 2025, with a projection to exceed USD 80 billion by 2033 at a conservative CAGR of 5%.
U.S. Market
North America is a dominant region in the chicken wings market, expected to account for approximately 50.0% of the global market in 2025 due to high consumption rates and a well-established foodservice industry.
For the broader category of fast-food chicken restaurants in the U.S., the market size is estimated at USD 63.7 billion in 2025. This market experienced a CAGR of 5.6% between 2020 and 2025.
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Here are 3-5 expected drivers of future revenue growth for Wingstop (WING) over the next 2-3 years:- Global Unit Expansion: Wingstop is aggressively pursuing new restaurant openings both domestically and internationally. The company increased its global unit growth guidance for 2025 to 475 to 485 net new restaurants and expects mid-teens unit growth in 2026. International expansion is a key focus, with new markets like Ireland, Thailand, and Italy on the horizon, and a significant development deal in India that could support over 1,000 restaurants.
- Same-Store Sales Growth Re-acceleration: Despite recent declines in domestic same-store sales, Wingstop anticipates a return to positive same-store sales growth in 2026. This re-inflection is expected to be driven by strategic initiatives such as the Smart Kitchen program, new marketing efforts, and the upcoming loyalty program launch.
- Advancements in Technology (Smart Kitchen & Digital Sales): The rollout of the Wingstop Smart Kitchen operating platform across over 2,000 restaurants is significantly reducing service times by over 50%. This technological enhancement is correlated with improved guest satisfaction and mid-single-digit sales outperformance in regions where it has been implemented longer. Furthermore, digital sales, which accounted for 72.8% of system-wide sales in Q3 2025, are projected to continue contributing over 70% of future revenue, targeting new customers and increasing transaction sizes.
- Loyalty Program Launch: Wingstop is piloting its "Club Wingstop" loyalty program in Q4 2025, with a full national launch planned for 2026. This program is designed to enhance customer engagement and drive increased frequency of visits, contributing to future revenue growth.
- Strategic Marketing and Product Innovation: The company is investing in new marketing campaigns, such as "Wingstop is Here," to broaden its customer reach. Additionally, product innovation, evidenced by the relaunch of crispy chicken tenders and the introduction of new flavors like Mexican Street Spice, aims to reactivate lapsed users and attract new customers by leveraging flavor variety as a competitive advantage.
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Share Repurchases
- In August 2023, Wingstop authorized a $250 million share repurchase program.
- An additional $500 million share repurchase authorization was approved in December 2024.
- Since the program's inception in August 2023 through September 29, 2025, the company repurchased and retired 2,336,871 shares, with $151.3 million remaining available under the authorization as of that date.
Outbound Investments
- In May 2021, Wingstop made a minority investment in its UK franchisee, Lemon Pepper Holdings Ltd. (LPH), aimed at strengthening the development pipeline in the UK market.
Capital Expenditures
- As of June 28, 2025, Wingstop's capital expenditures amounted to approximately -$52.9 million.
- For the last 12 months ending November 4, 2025, capital expenditures were approximately -$40.96 million.
- A primary focus of capital expenditures during the fiscal third quarter of 2025 was on technology investments.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Wingstop Stock Dips 6.8% In One Day, Wait For A Dip To Buy The Stock | 02/20/2026 | |
| Can Wingstop Stock Recover If Markets Fall? | 02/20/2026 | |
| Where Does Wingstop Stock Rank Among Competitors? | 02/19/2026 | |
| Wingstop Earnings Notes | 12/27/2025 | |
| Is The 19.9% Decline In Wingstop (WING) Stock A Dip Buying Opportunity? | 10/07/2025 | |
| Is The 22.0% Decline In Wingstop (WING) Stock A Dip Buying Opportunity? | 09/30/2025 | |
| Is The 24.6% Decline In Wingstop (WING) Stock A Dip Buying Opportunity? | 09/23/2025 | |
| ARTICLES | ||
| Wingstop Stock To $182? | 02/20/2026 | |
| Does Wingstop Stock Lead the Pack? | 02/19/2026 | |
| WING Stock Sinks 21%, Is A Rebound Coming? | 10/07/2025 | |
| Down 23%, Is WING Stock A Buy Now? | 09/30/2025 | |
| WING Plunges 25%, Should You Consider Buying The Dip? | 09/23/2025 |
Trade Ideas
Select ideas related to WING.
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|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
| 05312022 | WING | Wingstop | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 95.3% | 151.7% | -9.8% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 132.09 |
| Mkt Cap | 18.5 |
| Rev LTM | 6,500 |
| Op Inc LTM | 1,481 |
| FCF LTM | 1,036 |
| FCF 3Y Avg | 924 |
| CFO LTM | 1,216 |
| CFO 3Y Avg | 1,069 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.5% |
| Rev Chg 3Y Avg | 12.4% |
| Rev Chg Q | 7.7% |
| QoQ Delta Rev Chg LTM | 1.9% |
| Op Mgn LTM | 22.6% |
| Op Mgn 3Y Avg | 22.3% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 17.7% |
| CFO/Rev 3Y Avg | 18.3% |
| FCF/Rev LTM | 14.4% |
| FCF/Rev 3Y Avg | 14.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 18.5 |
| P/S | 3.5 |
| P/EBIT | 21.5 |
| P/E | 32.1 |
| P/CFO | 21.0 |
| Total Yield | 3.9% |
| Dividend Yield | 1.1% |
| FCF Yield 3Y Avg | 2.9% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.6% |
| 3M Rtn | 3.9% |
| 6M Rtn | -10.5% |
| 12M Rtn | -1.0% |
| 3Y Rtn | 40.2% |
| 1M Excs Rtn | 4.2% |
| 3M Excs Rtn | 3.7% |
| 6M Excs Rtn | -16.3% |
| 12M Excs Rtn | -15.3% |
| 3Y Excs Rtn | -43.2% |
Price Behavior
Price Behavior
| Market Price | $259.51 | |
| Market Cap ($ Bil) | 7.2 | |
| First Trading Date | 06/12/2015 | |
| Distance from 52W High | -31.8% | |
| 50 Days | 200 Days | |
| DMA Price | $261.27 | $286.77 |
| DMA Trend | up | up |
| Distance from DMA | -0.7% | -9.5% |
| 3M | 1YR | |
| Volatility | 65.4% | 61.7% |
| Downside Capture | 290.16 | 123.47 |
| Upside Capture | 272.75 | 115.12 |
| Correlation (SPY) | 28.7% | 31.3% |
WING Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.77 | 2.21 | 1.79 | 1.40 | 1.00 | 1.02 |
| Up Beta | -4.15 | -3.42 | -1.46 | 0.35 | 0.98 | 1.06 |
| Down Beta | 1.44 | 1.61 | 1.48 | 0.98 | 0.80 | 0.85 |
| Up Capture | 594% | 540% | 312% | 145% | 127% | 119% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 9 | 20 | 31 | 55 | 120 | 404 |
| Down Capture | 429% | 324% | 254% | 196% | 114% | 104% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 12 | 21 | 30 | 69 | 131 | 348 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WING | |
|---|---|---|---|---|
| WING | 14.5% | 61.6% | 0.44 | - |
| Sector ETF (XLY) | 9.2% | 24.1% | 0.31 | 32.9% |
| Equity (SPY) | 16.5% | 19.4% | 0.66 | 31.3% |
| Gold (GLD) | 81.3% | 25.7% | 2.29 | -5.3% |
| Commodities (DBC) | 13.4% | 16.9% | 0.58 | 3.6% |
| Real Estate (VNQ) | 7.3% | 16.6% | 0.25 | 19.7% |
| Bitcoin (BTCUSD) | -22.0% | 44.9% | -0.42 | 16.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WING | |
|---|---|---|---|---|
| WING | 15.9% | 49.6% | 0.47 | - |
| Sector ETF (XLY) | 7.9% | 23.7% | 0.29 | 46.0% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 43.8% |
| Gold (GLD) | 23.5% | 17.1% | 1.12 | 4.6% |
| Commodities (DBC) | 10.6% | 19.0% | 0.44 | 4.8% |
| Real Estate (VNQ) | 5.1% | 18.8% | 0.18 | 30.7% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | 21.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WING | |
|---|---|---|---|---|
| WING | 31.9% | 45.2% | 0.78 | - |
| Sector ETF (XLY) | 13.6% | 21.9% | 0.57 | 44.9% |
| Equity (SPY) | 15.4% | 17.9% | 0.74 | 41.4% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 6.2% |
| Commodities (DBC) | 8.7% | 17.6% | 0.41 | 11.4% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 31.8% |
| Bitcoin (BTCUSD) | 65.8% | 66.8% | 1.05 | 13.4% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/18/2026 | 10.8% | -2.0% | |
| 11/4/2025 | 10.9% | 11.2% | 23.0% |
| 7/30/2025 | 26.9% | 16.6% | 17.0% |
| 4/30/2025 | 14.5% | 15.8% | 47.9% |
| 2/19/2025 | -13.4% | -21.9% | -29.8% |
| 10/30/2024 | -21.4% | -16.3% | -10.1% |
| 7/31/2024 | -0.7% | -2.3% | 3.2% |
| 5/1/2024 | -0.2% | 3.4% | 0.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 15 | 13 |
| # Negative | 9 | 9 | 10 |
| Median Positive | 9.4% | 13.4% | 17.8% |
| Median Negative | -4.4% | -9.2% | -7.7% |
| Max Positive | 26.9% | 30.3% | 47.9% |
| Max Negative | -21.4% | -23.5% | -29.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/18/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 04/30/2025 | 10-Q |
| 12/31/2024 | 02/19/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 02/21/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 10/26/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 05/04/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Madati, Kilandigalu | Direct | Sell | 11262025 | 259.97 | 269 | 69,931 | 1,373,406 | Form | |
| 2 | Carona, Marisa | SVP & Chief US Fran & Dev Ops | Direct | Sell | 8012025 | 370.34 | 11,938 | Form | ||
| 3 | Kaleida, Alex | SVP, Chief Financial Officer | Direct | Sell | 8012025 | 376.09 | 5,400 | 2,030,888 | 3,144,867 | Form |
| 4 | Skipworth, Michael | President and CEO | Direct | Sell | 8012025 | 370.34 | 4,500 | 1,666,515 | 15,841,889 | Form |
| 5 | Caine, Lynn Crump | Direct | Sell | 6042025 | 345.60 | 499 | 172,455 | 3,091,401 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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