Wingstop (FRA:WST) EBIT: €164.3 Mil (TTM As of Mar. 2026)


FRA:WST Wingstop Inc FRA:WST
82 GF Score
Price €130.75
GF Value €342.12
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Wingstop EBIT?

Wingstop FRA:WST -3.33% 82 EBIT is €164.3 Mil as of Mar. 2026. GuruFocus rates FRA:WST with a GF Score™ of 82/100 and a GF Value™ of €342.12 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Wingstop's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €43.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €164.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wingstop's annualized ROC % for the quarter that ended in Mar. 2026 was 30.75%. Wingstop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 110.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wingstop's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.47%.


Wingstop  (FRA:WST) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Wingstop's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=174.412 * ( 1 - 26.35% )/( (386.199 + 449.211)/ 2 )
=128.454438/417.705
=30.75 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=592.171 - 47.535 - ( 167.872 - max(0, 69.998 - 228.435+167.872))
=386.199

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Wingstop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=174.164/( ( (153.052 + max(-9.246, 0)) + (161.181 + max(-4.507, 0)) )/ 2 )
=174.164/( ( 153.052 + 161.181 )/ 2 )
=174.164/157.1165
=110.85 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.212 + 0 + 42.78) - (47.535 + 5.917 + 13.786)
=-9.246

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.349 + 0 + 55.882) - (8.098 + 0 + 72.64)
=-4.507

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Wingstop's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=164.337/4731.744
=3.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wingstop EBIT Related Terms


Wingstop EBIT Historical Data

* Premium members only.

The historical data trend for Wingstop's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wingstop EBIT Chart

Wingstop Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.39 85.48 103.20 160.90 233.12

Wingstop Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.19 39.22 41.61 39.97 43.54

FRA:WST vs CAKE, SHAK, EAT: EBIT Comparison

For the Restaurants subindustry, Wingstop's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wingstop EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wingstop's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wingstop's EV-to-EBIT falls into.


FRA:WST
82GF Score
Wingstop Inc FRA:WST
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Wingstop EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €164.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €164.3 Mil mean?
Wingstop (FRA:WST) has a EBIT of €164.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wingstop.
Is Wingstop's EBIT too high?
Wingstop's current EBIT is €164.3 Mil. Overall, Wingstop has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wingstop's EBIT compare to CAKE and SHAK?
Wingstop's EBIT of €164.3 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Restaurants company?
A good EBIT depends on the Restaurants industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wingstop. Wingstop's current EBIT is €164.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wingstop stock overvalued right now?
Based on GuruFocus' analysis, Wingstop (FRA:WST) is currently considered Significantly Undervalued. The stock's GF Value™ is €342.12, compared to a current price of €130.75 — trading 61.8% below its estimated fair value. The current EBIT is €164.3 Mil. Wingstop's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Wingstop (FRA:WST), the current EBIT is €164.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wingstop (FRA:WST) Overvalued in 2026?

Based on GuruFocus' analysis, Wingstop stock appears to be undervalued. The current stock price of €130.75 is trading 61.8% below its estimated GF Value™ of €342.12. GuruFocus considers Wingstop to be Significantly Undervalued.

Key valuation signals for FRA:WST:

  • EBIT: €164.3 Mil
  • GF Value™: €342.12 vs. price of €130.75 (61.8% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the FRA:WST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wingstop Business Description

Other Exchanges WING:USAWST:Germany
Address 2801 N Central Expressway, Suite 1600, Dallas, TX, USA, 75204
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 $5.3 billion in system sales in 2025 across 3,056 units, with 85% 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.
82GF Score

Get the complete analysis for FRA:WST

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€130.75
Price
€342.12
GF Value