Sweetgreen vs Wingstop
Sweetgreen and Wingstop are similar in size: $679m and $697m of revenue in their latest fiscal years. Wingstop grew faster (11.4% against 0.4%). Wingstop kept more of each dollar of sales as profit: a net margin of 25.0% against -19.7%.
| Latest fiscal year | SweetgreenSG, 2025 | WingstopWING, 2025 |
|---|---|---|
| Revenue | $679m | $697m |
| Revenue growth | 0.4% | 11.4% |
| Net income | −$134m | $174m |
| Operating margin | -20.5% | 25.7% |
| Net margin | -19.7% | 25.0% |
| Return on equity | -33.4% | — |
| Free cash flow | −$119m | $106m |
| Cash | $89.2m | $197m |
| Total debt | $0 | $1.22bn |
| Debt to equity | 0.0% | — |
| Dividend per share | — | $1.14 |
| Dividend yield | — | 0.8% |
| Share buybacks | — | $222m |
| Employees | 6,486 | 1,335 |
| Market value | $1.36bn | $4.41bn |
| Price vs our value range | — | Above our value range |
| Moat score | 17 (Weak) | 93 (Strong) |
| Insider trades, 12 months | 4 buys, 6 sales | 0 buys, 7 sales |