• Wingstop average ebitda margin for 2023 was 28.68%, a 2.32% increase from 2022.
• Wingstop average ebitda margin for 2022 was 28.03%, a 0.46% increase from 2021.
• Wingstop average ebitda margin for 2021 was 28.16%, a 6.42% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.