WingstopFRA:WST +7.60%82 Pretax Margin % is 22.08% as of Mar. 2026, which is 7% above its 10-year median of 20.68. GuruFocus rates FRA:WST with a GF Score™ of 82/100 and a GF Value™ of €333.20 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 365 Restaurants companies, Wingstop ranks better than 96.16% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wingstop's Pre-Tax Income for the
three
months ended in Mar. 2026 was €35.1 Mil. Wingstop's Revenue for the
three
months ended in Mar. 2026 was €158.9 Mil. Therefore, Wingstop's pretax margin for the quarter that ended in Mar. 2026 was 22.08%.
The historical rank and industry rank for Wingstop's Pretax Margin % or its related term are showing as below:
FRA:WST'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.83 Med: 20.68 Max: 34.04
Current: 21.79
FRA:WST's Pretax Margin % is ranked better than 96.16% of 365
companies
in the Restaurants industry
Industry Median: 2.84
vs FRA:WST: 21.79
Wingstop (FRA:WST) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Wingstop Pretax Margin % Related Terms
Wingstop Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Wingstop's Pretax Margin % 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.
FRA:WST vs CAKE, SHAK, EAT: Pretax Margin % Comparison
For the Restaurants subindustry, Wingstop's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Wingstop's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wingstop's Pretax Margin % falls into.
* 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 (FRA:WST) has a Pretax Margin % of 22.08% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wingstop and its competitors. This is near median its historical median of 20.68. Over the past decade, Wingstop's Pretax Margin % has ranged from 10.83 to 34.04. According to the industry distribution chart, Wingstop ranks #14 out of 365 companies in the Restaurants industry, placing it in the top 3.8%.
Is Wingstop's Pretax Margin % too high?
Wingstop's current Pretax Margin % of 22.08% is near median its 10-year median of 20.68. Over the past 10 years, this metric has ranged from a low of 10.83 to a high of 34.04. The Restaurants industry median Pretax Margin % is 2.84. Wingstop's value of 22.08% is 677.5% above this industry median. Based on the distribution chart, Wingstop ranks #14 out of 365 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. 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 Pretax Margin % compare to CAKE and SHAK?
According to the Restaurants industry distribution chart, Wingstop ranks #14 out of 365 companies for Pretax Margin %. This places Wingstop in the top 4% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.84. Wingstop's value of 22.08% is 677.5% above this benchmark. Historically, Wingstop's own Pretax Margin % has ranged from 10.83 to 34.04 over the past decade. While the company's 10-year median is 20.68 vs. the industry median of 2.84, Wingstop has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Restaurants company?
The median Pretax Margin % among Restaurants companies is 2.84, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wingstop's current Pretax Margin % of 22.08% is 677.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wingstop and its competitors. For the Restaurants industry, the median Pretax Margin % is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wingstop's current Pretax Margin % is 22.08%, which is near median its own 10-year median of 20.68. 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 €333.20, compared to a current price of €145.75 — trading 56.3% below its estimated fair value. The current Pretax Margin % is 22.08%, which is near median its 10-year median of 20.68 and 677.5% above the Restaurants industry median of 2.84. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Wingstop (FRA:WST), the current Pretax Margin % is 22.08% 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 €145.75 is trading 56.3% below its estimated GF Value™ of €333.20.
GuruFocus considers Wingstop to be Significantly Undervalued.
Key valuation signals for FRA:WST:
Pretax Margin %: 22.08% (near median its 10-year median of 20.68)
GF Value™: €333.20 vs. price of €145.75 (56.3% below fair value)
Industry Position: 677.5% above the Restaurants median (#14 of 365)
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 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
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