Wingstop Inc (WING)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	70,175	52,947	42,658	23,306	20,476
Revenue	US$ in thousands	460,055	357,521	282,502	248,811	199,676
Net profit margin		15.25%	14.81%	15.10%	9.37%	10.25%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $70,175K ÷ $460,055K
= 15.25%

The net profit margin of Wingstop Inc has shown varying levels over the past five years. In 2023, the net profit margin stood at 15.25%, reflecting a slight increase compared to the previous year's margin of 14.81% in 2022. This improvement suggests that the company was able to better manage its expenses relative to its revenue, resulting in a higher proportion of profits.

Looking further back, Wingstop Inc also exhibited a net profit margin of 15.10% in 2021, indicating consistency in maintaining profitability levels. However, there was a notable increase from 9.37% in 2020 to 10.25% in 2019, indicating a significant improvement in profitability during that period.

Overall, the trend in Wingstop Inc's net profit margin demonstrates a favorable performance in recent years, with fluctuations reflecting the company's ability to effectively control costs and generate profits relative to its revenue.