Wingstop Inc (WING)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	70,175	68,957	62,814	59,940	52,947	42,247	40,169	38,174	42,658	29,352	28,143	28,370	23,306	32,763	28,587	21,966	20,476	19,848	20,236	22,157
Revenue (ttm)	US$ in thousands	460,055	437,865	413,433	390,037	357,521	324,682	297,794	288,017	282,502	273,756	271,960	264,065	248,811	238,715	224,602	207,059	199,676	186,999	175,370	163,845
Net profit margin		15.25%	15.75%	15.19%	15.37%	14.81%	13.01%	13.49%	13.25%	15.10%	10.72%	10.35%	10.74%	9.37%	13.72%	12.73%	10.61%	10.25%	10.61%	11.54%	13.52%

December 31, 2023 calculation

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

The net profit margin of Wingstop Inc has displayed some fluctuations over the periods provided. The trend shows that the net profit margin has generally been increasing over the more recent quarters, indicating an improvement in the company's profitability.

The net profit margin was relatively stable around the 13% range in 2020 but experienced a dip in the first quarter of 2021. However, there was a gradual recovery thereafter, with the margin consistently climbing through 2021 and 2022.

In the most recent quarter of December 2023, the net profit margin stood at 15.25%, indicating that Wingstop Inc was able to retain approximately 15.25% of its total revenue as net profit. This suggests that the company has been effectively managing its expenses and generating stronger earnings relative to its revenue, which may reflect positively on its financial performance and efficiency in converting sales to profits.

Overall, the trend of increasing net profit margins over the quarters is a positive signal for investors and stakeholders, suggesting improvements in operational efficiency and profitability for Wingstop Inc.