# West Pharmaceutical Services, Inc. (WING)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $4.56B  
**Price:** $162.29 (+5.47%)

> Wingstop Inc. is a restaurant company focused on made-to-order chicken wings, tenders, sandwiches, and hand-cut fries served through a flavor-driven quick-service concept. The company operates and franchises a specialized menu built around signature wing sauces and seasonings, with an emphasis on dine-in, carryout, delivery, and digital ordering channels. Wingstop Inc. serves customers across the United States and in selected international markets, positioning itself as a focused brand within the broader restaurant sector. Its business model relies on a concentrated product offering, streamlined operations, and a recognizable brand experience that appeals to consumers seeking casual, fast, and customizable chicken-based meals. Founded in 1994 and headquartered in Dallas, Texas, Wingstop Inc. plays a distinct role in the global casual dining and quick-service restaurant market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $697M | — | $179M | $174M | $6.21 |
| 2024 | $626M | — | $166M | $109M | $3.70 |
| 2023 | $460M | — | $113M | $70M | $2.35 |
| 2022 | $358M | — | $92M | $53M | $1.77 |
| 2021 | $283M | — | $74M | $43M | $1.42 |
| 2020 | $249M | — | $57M | $23M | $0.78 |
| 2019 | $200M | — | $43M | $20M | $0.69 |
| 2018 | $153M | — | $39M | $22M | $0.73 |
| 2017 | $133M | — | $36M | $27M | $0.93 |
| 2016 | $103M | — | $29M | $15M | $0.53 |
| 2015 | $78M | — | $20M | $10M | $0.36 |
| 2014 | $67M | — | $18M | $9M | $0.34 |
| 2013 | $59M | — | $15M | $8M | $0.29 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $693M | $1.43B | -$737M | $197M | $1.21B |
| 2024 | $716M | $1.39B | -$676M | $316M | $1.21B |
| 2023 | $378M | $835M | -$457M | $90M | $712M |
| 2022 | $424M | $815M | -$391M | $184M | $707M |
| 2021 | $249M | $559M | -$310M | $49M | $469M |
| 2020 | $212M | $553M | -$341M | $41M | $467M |
| 2019 | $166M | $376M | -$209M | $13M | $308M |
| 2018 | $140M | $365M | -$225M | $12M | $309M |
| 2017 | $120M | $168M | -$48M | $4M | $130M |
| 2016 | $112M | $186M | -$75M | $4M | $147M |
| 2015 | $121M | $131M | -$10M | $11M | $96M |
| 2014 | $119M | $128M | -$9M | $10M | $89M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $153M | $47M | $106M |
| 2024 | $158M | $52M | $106M |
| 2023 | $122M | $41M | $81M |
| 2022 | $76M | $24M | $52M |
| 2021 | $49M | $28M | $21M |
| 2020 | $66M | $6M | $59M |
| 2019 | $39M | $22M | $16M |
| 2018 | $39M | $4M | $35M |
| 2017 | $27M | $3M | $25M |
| 2016 | $22M | $2M | $20M |
| 2015 | $14M | $2M | $11M |
| 2014 | $14M | $2M | $13M |
| 2013 | $11M | $2M | $9M |

Source: [DividendWall](https://dividendwall.com/company/WING)