Wingstop Inc (WING)

Operating 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
Operating income (ttm)	US$ in thousands	112,594	111,651	105,080	100,998	91,933	77,280	74,031	70,560	73,756	69,619	63,088	63,722	57,390	56,203	53,851	44,601	42,901	42,686	41,093	40,732
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
Operating profit margin		24.47%	25.50%	25.42%	25.89%	25.71%	23.80%	24.86%	24.50%	26.11%	25.43%	23.20%	24.13%	23.07%	23.54%	23.98%	21.54%	21.49%	22.83%	23.43%	24.86%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $112,594K ÷ $460,055K
= 24.47%

Wingstop Inc's operating profit margin has shown consistency and generally positive performance over the past several quarters. The margin has been fluctuating between 21.49% and 26.11%.

In the most recent quarter, the operating profit margin was 24.47%, indicating that the company retains approximately 24.47 cents in profit for each dollar of sales after covering operating expenses.

The overall trend suggests that Wingstop Inc has been effectively managing its operating costs and generating solid profitability from its core business operations. However, it is essential to monitor any deviations from this trend to identify potential challenges or opportunities for improvement in the company's operational efficiency.