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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
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| Q1 26 | — | 86.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 85.6% | ||
| Q3 24 | — | 85.0% | ||
| Q2 24 | — | 85.4% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 | — |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |