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Side-by-side financial comparison of PAMT CORP (PAMT) 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 $141.3M, roughly 1.3× PAMT CORP). Wingstop Inc. runs the higher net margin — 16.3% vs -20.7%, a 37.0% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -15.1%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% CAGR vs -12.0%).
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.
PAMT vs WING — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $183.7M |
| Net Profit | $-29.3M | $29.9M |
| Gross Margin | — | 86.5% |
| Operating Margin | -27.0% | 27.4% |
| Net Margin | -20.7% | 16.3% |
| Revenue YoY | -15.1% | 7.4% |
| Net Profit YoY | 7.4% | — |
| EPS (diluted) | $-1.38 | $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 | $141.3M | $175.7M | ||
| Q3 25 | $150.3M | $175.7M | ||
| Q2 25 | $151.1M | $174.3M | ||
| Q1 25 | $155.3M | $171.1M | ||
| Q4 24 | $166.5M | $161.8M | ||
| Q3 24 | $182.6M | $162.5M | ||
| Q2 24 | $182.9M | $155.7M |
| Q1 26 | — | $29.9M | ||
| Q4 25 | $-29.3M | $26.8M | ||
| Q3 25 | $-5.6M | $28.5M | ||
| Q2 25 | $-9.6M | $26.8M | ||
| Q1 25 | $-8.1M | $92.3M | ||
| Q4 24 | $-31.6M | $26.8M | ||
| Q3 24 | $2.4M | $25.7M | ||
| Q2 24 | $-2.9M | $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 | -27.0% | 26.7% | ||
| Q3 25 | -3.8% | 27.9% | ||
| Q2 25 | -7.3% | 25.9% | ||
| Q1 25 | -5.9% | 22.4% | ||
| Q4 24 | -22.6% | 25.9% | ||
| Q3 24 | 1.3% | 24.5% | ||
| Q2 24 | -0.4% | 26.5% |
| Q1 26 | — | 16.3% | ||
| Q4 25 | -20.7% | 15.2% | ||
| Q3 25 | -3.7% | 16.2% | ||
| Q2 25 | -6.4% | 15.4% | ||
| Q1 25 | -5.2% | 53.9% | ||
| Q4 24 | -19.0% | 16.5% | ||
| Q3 24 | 1.3% | 15.8% | ||
| Q2 24 | -1.6% | 17.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | $-1.38 | $0.99 | ||
| Q3 25 | $-0.27 | $1.02 | ||
| Q2 25 | $-0.46 | $0.96 | ||
| Q1 25 | $-0.37 | $3.24 | ||
| Q4 24 | $-1.44 | $0.91 | ||
| Q3 24 | $0.11 | $0.88 | ||
| Q2 24 | $-0.13 | $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 | $83.7M | $128.8M |
| Total DebtLower is stronger | $333.9M | — |
| Stockholders' EquityBook value | $210.5M | — |
| Total Assets | $697.9M | $648.9M |
| Debt / EquityLower = less leverage | 1.59× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $128.8M | ||
| Q4 25 | $83.7M | $196.6M | ||
| Q3 25 | $115.6M | $237.6M | ||
| Q2 25 | $117.3M | $227.9M | ||
| Q1 25 | $102.7M | $251.4M | ||
| Q4 24 | $110.7M | $315.9M | ||
| Q3 24 | $92.3M | $84.0M | ||
| Q2 24 | $114.0M | $96.7M |
| Q1 26 | — | — | ||
| Q4 25 | $333.9M | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $325.6M | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $210.5M | $-736.8M | ||
| Q3 25 | $239.5M | $-702.6M | ||
| Q2 25 | $244.9M | $-686.0M | ||
| Q1 25 | $269.6M | $-715.0M | ||
| Q4 24 | $277.5M | $-675.6M | ||
| Q3 24 | $308.9M | $-447.5M | ||
| Q2 24 | $306.7M | $-437.5M |
| Q1 26 | — | $648.9M | ||
| Q4 25 | $697.9M | $693.4M | ||
| Q3 25 | $715.2M | $721.0M | ||
| Q2 25 | $707.9M | $708.3M | ||
| Q1 25 | $712.6M | $696.8M | ||
| Q4 24 | $741.7M | $716.2M | ||
| Q3 24 | $756.7M | $484.8M | ||
| Q2 24 | $733.5M | $451.8M |
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-5.8M | — |
| Free Cash FlowOCF − Capex | $-25.0M | — |
| FCF MarginFCF / Revenue | -17.7% | — |
| Capex IntensityCapex / Revenue | 13.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-23.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-5.8M | $57.3M | ||
| Q3 25 | $5.9M | $63.9M | ||
| Q2 25 | $12.2M | $6.6M | ||
| Q1 25 | $5.0M | $25.3M | ||
| Q4 24 | $15.2M | $7.7M | ||
| Q3 24 | $15.5M | $69.0M | ||
| Q2 24 | $18.7M | $36.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-25.0M | $34.5M | ||
| Q3 25 | $2.5M | $61.7M | ||
| Q2 25 | $5.9M | $-7.8M | ||
| Q1 25 | $-6.8M | $17.3M | ||
| Q4 24 | $-39.9M | $-8.6M | ||
| Q3 24 | $-33.6M | $54.9M | ||
| Q2 24 | $4.1M | $25.9M |
| Q1 26 | — | — | ||
| Q4 25 | -17.7% | 19.6% | ||
| Q3 25 | 1.7% | 35.1% | ||
| Q2 25 | 3.9% | -4.5% | ||
| Q1 25 | -4.4% | 10.1% | ||
| Q4 24 | -24.0% | -5.3% | ||
| Q3 24 | -18.4% | 33.8% | ||
| Q2 24 | 2.2% | 16.6% |
| Q1 26 | — | — | ||
| Q4 25 | 13.6% | 13.0% | ||
| Q3 25 | 2.3% | 1.3% | ||
| Q2 25 | 4.2% | 8.2% | ||
| Q1 25 | 7.6% | 4.7% | ||
| Q4 24 | 33.1% | 10.1% | ||
| Q3 24 | 26.9% | 8.7% | ||
| Q2 24 | 8.0% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.14× | ||
| Q3 25 | — | 2.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | 6.44× | 2.68× | ||
| Q2 24 | — | 1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |
