• Wingstop average operating margin for 2023 was 25.33%, a 2.47% increase from 2022.
• Wingstop average operating margin for 2022 was 24.72%, a 0.24% increase from 2021.
• Wingstop average operating margin for 2021 was 24.78%, a 7.88% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.