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Wingstop (Wingstop) EBIT : $130.1 Mil (TTM As of Mar. 2024)


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What is Wingstop EBIT?

Wingstop's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $43.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $130.1 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. 2024 was 43.89%. Wingstop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 180.62%.

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. 2024 was 1.14%.


Wingstop EBIT Historical Data

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.

* Premium members only.

Wingstop EBIT Chart

Wingstop Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.90 43.73 73.89 90.55 112.54

Wingstop Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.48 26.50 30.67 29.88 43.04

Competitive Comparison of Wingstop's EBIT

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's EV-to-EBIT Distribution in the 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.



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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $130.1 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.


Wingstop  (NAS:WING) 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. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=170.952 * ( 1 - 25.33% )/( (267.961 + 313.76)/ 2 )
=127.6498584/290.8605
=43.89 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Wingstop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=172.164/( ( (91.292 + max(-15.876, 0)) + (99.345 + max(-16.258, 0)) )/ 2 )
=172.164/( ( 91.292 + 99.345 )/ 2 )
=172.164/95.3185
=180.62 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.028 + 0.535 + 41.185) - (36.524 + 6.772 + 25.328)
=-15.876

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.643 + 0 + 48.928) - (6.444 + 0 + 72.385)
=-16.258

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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. 2024 )
=130.094/11419.686
=1.14 %

* 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

Thank you for viewing the detailed overview of Wingstop's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Wingstop (Wingstop) Business Description

Traded in Other Exchanges
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
Executives
Donnie Upshaw officer: Senior Vice President, People 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer officer: SVP, Chief Growth Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald director
Michael Skipworth officer: Corporate Controller 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor officer: SVP, Pres. of International C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona officer: VP Strategy & Chief of Staff 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson officer: Chief Information Officer 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath officer: See Remarks C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood officer: SVP, U.S. Development C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith director C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida officer: SVP, Chief Financial Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet officer: See Remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison director, officer: President and CEO 3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani officer: See remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240