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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and Wingstop Inc. (WING). Click either name above to swap in a different company.

Wingstop Inc. is the larger business by last-quarter revenue ($183.7M vs $107.5M, roughly 1.7× FEDERAL AGRICULTURAL MORTGAGE CORP). On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs 6.1%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% CAGR vs 7.1%).

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

AGM vs WING — Head-to-Head

Bigger by revenue
WING
WING
1.7× larger
WING
$183.7M
$107.5M
AGM
Growing faster (revenue YoY)
WING
WING
+1.3% gap
WING
7.4%
6.1%
AGM
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
7.1%
AGM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AGM
AGM
WING
WING
Revenue
$107.5M
$183.7M
Net Profit
$29.9M
Gross Margin
86.5%
Operating Margin
56.3%
27.4%
Net Margin
16.3%
Revenue YoY
6.1%
7.4%
Net Profit YoY
EPS (diluted)
$3.69
$1.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AGM
AGM
WING
WING
Q1 26
$183.7M
Q4 25
$107.5M
$175.7M
Q3 25
$104.0M
$175.7M
Q2 25
$102.6M
$174.3M
Q1 25
$94.3M
$171.1M
Q4 24
$101.3M
$161.8M
Q3 24
$90.3M
$162.5M
Q2 24
$89.9M
$155.7M
Net Profit
AGM
AGM
WING
WING
Q1 26
$29.9M
Q4 25
$26.8M
Q3 25
$55.0M
$28.5M
Q2 25
$54.8M
$26.8M
Q1 25
$49.7M
$92.3M
Q4 24
$56.5M
$26.8M
Q3 24
$49.8M
$25.7M
Q2 24
$47.1M
$27.5M
Gross Margin
AGM
AGM
WING
WING
Q1 26
86.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
85.6%
Q3 24
85.0%
Q2 24
85.4%
Operating Margin
AGM
AGM
WING
WING
Q1 26
27.4%
Q4 25
56.3%
26.7%
Q3 25
64.1%
27.9%
Q2 25
63.8%
25.9%
Q1 25
66.9%
22.4%
Q4 24
67.5%
25.9%
Q3 24
69.0%
24.5%
Q2 24
65.9%
26.5%
Net Margin
AGM
AGM
WING
WING
Q1 26
16.3%
Q4 25
15.2%
Q3 25
52.9%
16.2%
Q2 25
53.4%
15.4%
Q1 25
52.6%
53.9%
Q4 24
55.8%
16.5%
Q3 24
55.2%
15.8%
Q2 24
52.4%
17.7%
EPS (diluted)
AGM
AGM
WING
WING
Q1 26
$1.08
Q4 25
$3.69
$0.99
Q3 25
$4.44
$1.02
Q2 25
$4.48
$0.96
Q1 25
$4.01
$3.24
Q4 24
$4.62
$0.91
Q3 24
$3.86
$0.88
Q2 24
$3.68
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGM
AGM
WING
WING
Cash + ST InvestmentsLiquidity on hand
$128.8M
Total DebtLower is stronger
$30.8B
Stockholders' EquityBook value
$1.7B
Total Assets
$35.4B
$648.9M
Debt / EquityLower = less leverage
17.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGM
AGM
WING
WING
Q1 26
$128.8M
Q4 25
$196.6M
Q3 25
$237.6M
Q2 25
$227.9M
Q1 25
$251.4M
Q4 24
$315.9M
Q3 24
$842.1M
$84.0M
Q2 24
$923.0M
$96.7M
Total Debt
AGM
AGM
WING
WING
Q1 26
Q4 25
$30.8B
$1.2B
Q3 25
$29.2B
Q2 25
$28.9B
Q1 25
$28.0B
Q4 24
$27.5B
$1.2B
Q3 24
$27.2B
Q2 24
$26.8B
Stockholders' Equity
AGM
AGM
WING
WING
Q1 26
Q4 25
$1.7B
$-736.8M
Q3 25
$1.7B
$-702.6M
Q2 25
$1.5B
$-686.0M
Q1 25
$1.5B
$-715.0M
Q4 24
$1.5B
$-675.6M
Q3 24
$1.5B
$-447.5M
Q2 24
$1.5B
$-437.5M
Total Assets
AGM
AGM
WING
WING
Q1 26
$648.9M
Q4 25
$35.4B
$693.4M
Q3 25
$33.4B
$721.0M
Q2 25
$33.0B
$708.3M
Q1 25
$31.8B
$696.8M
Q4 24
$31.3B
$716.2M
Q3 24
$30.6B
$484.8M
Q2 24
$30.2B
$451.8M
Debt / Equity
AGM
AGM
WING
WING
Q1 26
Q4 25
17.93×
Q3 25
17.31×
Q2 25
18.70×
Q1 25
18.39×
Q4 24
18.48×
Q3 24
18.60×
Q2 24
17.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGM
AGM
WING
WING
Operating Cash FlowLast quarter
$80.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGM
AGM
WING
WING
Q1 26
Q4 25
$80.1M
$57.3M
Q3 25
$74.2M
$63.9M
Q2 25
$-47.7M
$6.6M
Q1 25
$-49.8M
$25.3M
Q4 24
$612.6M
$7.7M
Q3 24
$-44.4M
$69.0M
Q2 24
$56.1M
$36.2M
Free Cash Flow
AGM
AGM
WING
WING
Q1 26
Q4 25
$34.5M
Q3 25
$61.7M
Q2 25
$-7.8M
Q1 25
$17.3M
Q4 24
$607.4M
$-8.6M
Q3 24
$-44.4M
$54.9M
Q2 24
$52.6M
$25.9M
FCF Margin
AGM
AGM
WING
WING
Q1 26
Q4 25
19.6%
Q3 25
35.1%
Q2 25
-4.5%
Q1 25
10.1%
Q4 24
599.8%
-5.3%
Q3 24
-49.2%
33.8%
Q2 24
58.5%
16.6%
Capex Intensity
AGM
AGM
WING
WING
Q1 26
Q4 25
0.0%
13.0%
Q3 25
0.0%
1.3%
Q2 25
0.0%
8.2%
Q1 25
0.0%
4.7%
Q4 24
5.2%
10.1%
Q3 24
0.1%
8.7%
Q2 24
4.0%
6.6%
Cash Conversion
AGM
AGM
WING
WING
Q1 26
Q4 25
2.14×
Q3 25
1.35×
2.24×
Q2 25
-0.87×
0.25×
Q1 25
-1.00×
0.27×
Q4 24
10.84×
0.29×
Q3 24
-0.89×
2.68×
Q2 24
1.19×
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AGM
AGM

Segment breakdown not available.

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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