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Side-by-side financial comparison of EPR PROPERTIES (EPR) 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 $182.9M, roughly 1.0× EPR PROPERTIES). EPR PROPERTIES runs the higher net margin — 36.6% vs 16.3%, a 20.3% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs 3.2%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% CAGR vs 4.6%).

EPR Properties, formerly Entertainment Properties Trust, is a real estate investment trust based in Kansas City, Missouri, that invests in amusement parks, movie theaters, ski resorts, and other entertainment properties. It owns 353 properties as of 2022.

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.

EPR vs WING — Head-to-Head

Bigger by revenue
WING
WING
1.0× larger
WING
$183.7M
$182.9M
EPR
Growing faster (revenue YoY)
WING
WING
+4.2% gap
WING
7.4%
3.2%
EPR
Higher net margin
EPR
EPR
20.3% more per $
EPR
36.6%
16.3%
WING
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
4.6%
EPR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EPR
EPR
WING
WING
Revenue
$182.9M
$183.7M
Net Profit
$66.9M
$29.9M
Gross Margin
86.5%
Operating Margin
56.8%
27.4%
Net Margin
36.6%
16.3%
Revenue YoY
3.2%
7.4%
Net Profit YoY
897.0%
EPS (diluted)
$0.80
$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
EPR
EPR
WING
WING
Q1 26
$183.7M
Q4 25
$182.9M
$175.7M
Q3 25
$182.3M
$175.7M
Q2 25
$178.1M
$174.3M
Q1 25
$175.0M
$171.1M
Q4 24
$177.2M
$161.8M
Q3 24
$180.5M
$162.5M
Q2 24
$173.1M
$155.7M
Net Profit
EPR
EPR
WING
WING
Q1 26
$29.9M
Q4 25
$66.9M
$26.8M
Q3 25
$66.6M
$28.5M
Q2 25
$75.6M
$26.8M
Q1 25
$65.8M
$92.3M
Q4 24
$-8.4M
$26.8M
Q3 24
$46.6M
$25.7M
Q2 24
$45.1M
$27.5M
Gross Margin
EPR
EPR
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
EPR
EPR
WING
WING
Q1 26
27.4%
Q4 25
56.8%
26.7%
Q3 25
53.5%
27.9%
Q2 25
62.5%
25.9%
Q1 25
58.1%
22.4%
Q4 24
25.5%
25.9%
Q3 24
51.4%
24.5%
Q2 24
45.9%
26.5%
Net Margin
EPR
EPR
WING
WING
Q1 26
16.3%
Q4 25
36.6%
15.2%
Q3 25
36.5%
16.2%
Q2 25
42.5%
15.4%
Q1 25
37.6%
53.9%
Q4 24
-4.7%
16.5%
Q3 24
25.8%
15.8%
Q2 24
26.1%
17.7%
EPS (diluted)
EPR
EPR
WING
WING
Q1 26
$1.08
Q4 25
$0.80
$0.99
Q3 25
$0.79
$1.02
Q2 25
$0.91
$0.96
Q1 25
$0.78
$3.24
Q4 24
$-0.19
$0.91
Q3 24
$0.53
$0.88
Q2 24
$0.51
$0.93

Balance Sheet & Financial Strength

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

Metric
EPR
EPR
WING
WING
Cash + ST InvestmentsLiquidity on hand
$90.6M
$128.8M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$2.3B
Total Assets
$5.7B
$648.9M
Debt / EquityLower = less leverage
1.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPR
EPR
WING
WING
Q1 26
$128.8M
Q4 25
$90.6M
$196.6M
Q3 25
$13.7M
$237.6M
Q2 25
$13.0M
$227.9M
Q1 25
$20.6M
$251.4M
Q4 24
$22.1M
$315.9M
Q3 24
$35.3M
$84.0M
Q2 24
$33.7M
$96.7M
Total Debt
EPR
EPR
WING
WING
Q1 26
Q4 25
$2.9B
$1.2B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.9B
$1.2B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
EPR
EPR
WING
WING
Q1 26
Q4 25
$2.3B
$-736.8M
Q3 25
$2.3B
$-702.6M
Q2 25
$2.3B
$-686.0M
Q1 25
$2.3B
$-715.0M
Q4 24
$2.3B
$-675.6M
Q3 24
$2.4B
$-447.5M
Q2 24
$2.4B
$-437.5M
Total Assets
EPR
EPR
WING
WING
Q1 26
$648.9M
Q4 25
$5.7B
$693.4M
Q3 25
$5.5B
$721.0M
Q2 25
$5.6B
$708.3M
Q1 25
$5.5B
$696.8M
Q4 24
$5.6B
$716.2M
Q3 24
$5.7B
$484.8M
Q2 24
$5.6B
$451.8M
Debt / Equity
EPR
EPR
WING
WING
Q1 26
Q4 25
1.26×
Q3 25
1.19×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.23×
Q3 24
1.19×
Q2 24
1.16×

Cash Flow & Capital Efficiency

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

Metric
EPR
EPR
WING
WING
Operating Cash FlowLast quarter
$421.0M
Free Cash FlowOCF − Capex
$269.2M
FCF MarginFCF / Revenue
147.1%
Capex IntensityCapex / Revenue
82.9%
Cash ConversionOCF / Net Profit
6.29×
TTM Free Cash FlowTrailing 4 quarters
$568.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPR
EPR
WING
WING
Q1 26
Q4 25
$421.0M
$57.3M
Q3 25
$136.5M
$63.9M
Q2 25
$87.3M
$6.6M
Q1 25
$99.4M
$25.3M
Q4 24
$393.1M
$7.7M
Q3 24
$122.0M
$69.0M
Q2 24
$78.7M
$36.2M
Free Cash Flow
EPR
EPR
WING
WING
Q1 26
Q4 25
$269.2M
$34.5M
Q3 25
$132.1M
$61.7M
Q2 25
$82.4M
$-7.8M
Q1 25
$84.7M
$17.3M
Q4 24
$129.2M
$-8.6M
Q3 24
$121.5M
$54.9M
Q2 24
$71.3M
$25.9M
FCF Margin
EPR
EPR
WING
WING
Q1 26
Q4 25
147.1%
19.6%
Q3 25
72.5%
35.1%
Q2 25
46.3%
-4.5%
Q1 25
48.4%
10.1%
Q4 24
72.9%
-5.3%
Q3 24
67.3%
33.8%
Q2 24
41.2%
16.6%
Capex Intensity
EPR
EPR
WING
WING
Q1 26
Q4 25
82.9%
13.0%
Q3 25
2.4%
1.3%
Q2 25
2.7%
8.2%
Q1 25
8.4%
4.7%
Q4 24
148.9%
10.1%
Q3 24
0.3%
8.7%
Q2 24
4.2%
6.6%
Cash Conversion
EPR
EPR
WING
WING
Q1 26
Q4 25
6.29×
2.14×
Q3 25
2.05×
2.24×
Q2 25
1.15×
0.25×
Q1 25
1.51×
0.27×
Q4 24
0.29×
Q3 24
2.62×
2.68×
Q2 24
1.74×
1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPR
EPR

Experiential Reportable Operating Segment$173.3M95%
Education Reportable Operating Segment$9.5M5%

WING
WING

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

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