Wingstop Income Tax Expense from 2010 to 2024

WING Stock  USD 331.27  7.52  2.22%   
Wingstop's Income Tax Expense is increasing over the last several years with slightly volatile swings. Income Tax Expense is estimated to finish at about 25.3 M this year. During the period from 2010 to 2024 Wingstop Income Tax Expense regressed destribution of quarterly values had coefficient of variationof  86.82 and r-value of  0.80. View All Fundamentals
 
Income Tax Expense  
First Reported
2013-03-31
Previous Quarter
M
Current Value
9.8 M
Quarterly Volatility
2.6 M
 
Yuan Drop
 
Covid
Check Wingstop financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wingstop's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 11 M or Selling General Administrative of 51.6 M, as well as many indicators such as Price To Sales Ratio of 10.69, Dividend Yield of 0.0432 or Days Sales Outstanding of 13.33. Wingstop financial statements analysis is a perfect complement when working with Wingstop Valuation or Volatility modules.
  
Check out the analysis of Wingstop Correlation against competitors.
For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.

Latest Wingstop's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Wingstop over the last few years. It is Wingstop's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wingstop's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Wingstop Income Tax Expense Regression Statistics

Arithmetic Mean8,915,783
Geometric Mean6,632,296
Coefficient Of Variation86.82
Mean Deviation6,217,978
Median5,289,000
Standard Deviation7,740,958
Sample Variance59.9T
Range22.3M
R-Value0.80
Mean Square Error23.3T
R-Squared0.64
Significance0.0004
Slope1,382,983
Total Sum of Squares838.9T

Wingstop Income Tax Expense History

202425.3 M
202324.1 M
202216.4 M
202116.2 M
20203.6 M
20195.3 M
20185.2 M

About Wingstop Financial Statements

Wingstop stakeholders use historical fundamental indicators, such as Wingstop's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Wingstop investors may analyze each financial statement separately, they are all interrelated. For example, changes in Wingstop's assets and liabilities are reflected in the revenues and expenses on Wingstop's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Wingstop. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense24.1 M25.3 M

Currently Active Assets on Macroaxis

When determining whether Wingstop is a strong investment it is important to analyze Wingstop's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wingstop's future performance. For an informed investment choice regarding Wingstop Stock, refer to the following important reports:
Check out the analysis of Wingstop Correlation against competitors.
For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wingstop. If investors know Wingstop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wingstop listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.353
Dividend Share
0.93
Earnings Share
3.41
Revenue Per Share
20.144
Quarterly Revenue Growth
0.388
The market value of Wingstop is measured differently than its book value, which is the value of Wingstop that is recorded on the company's balance sheet. Investors also form their own opinion of Wingstop's value that differs from its market value or its book value, called intrinsic value, which is Wingstop's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wingstop's market value can be influenced by many factors that don't directly affect Wingstop's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wingstop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wingstop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wingstop's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.