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Side-by-side financial comparison of Ranger Energy Services, Inc. (RNGR) 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 $142.2M, roughly 1.3× Ranger Energy Services, Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 2.3%, a 14.0% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -0.6%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% CAGR vs 1.9%).

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

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.

RNGR vs WING — Head-to-Head

Bigger by revenue
WING
WING
1.3× larger
WING
$183.7M
$142.2M
RNGR
Growing faster (revenue YoY)
WING
WING
+8.0% gap
WING
7.4%
-0.6%
RNGR
Higher net margin
WING
WING
14.0% more per $
WING
16.3%
2.3%
RNGR
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
1.9%
RNGR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
RNGR
RNGR
WING
WING
Revenue
$142.2M
$183.7M
Net Profit
$3.2M
$29.9M
Gross Margin
86.5%
Operating Margin
2.3%
27.4%
Net Margin
2.3%
16.3%
Revenue YoY
-0.6%
7.4%
Net Profit YoY
-44.8%
EPS (diluted)
$0.14
$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
RNGR
RNGR
WING
WING
Q1 26
$183.7M
Q4 25
$142.2M
$175.7M
Q3 25
$128.9M
$175.7M
Q2 25
$140.6M
$174.3M
Q1 25
$135.2M
$171.1M
Q4 24
$143.1M
$161.8M
Q3 24
$153.0M
$162.5M
Q2 24
$138.1M
$155.7M
Net Profit
RNGR
RNGR
WING
WING
Q1 26
$29.9M
Q4 25
$3.2M
$26.8M
Q3 25
$1.2M
$28.5M
Q2 25
$7.3M
$26.8M
Q1 25
$600.0K
$92.3M
Q4 24
$5.8M
$26.8M
Q3 24
$8.7M
$25.7M
Q2 24
$4.7M
$27.5M
Gross Margin
RNGR
RNGR
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
RNGR
RNGR
WING
WING
Q1 26
27.4%
Q4 25
2.3%
26.7%
Q3 25
2.0%
27.9%
Q2 25
6.1%
25.9%
Q1 25
0.7%
22.4%
Q4 24
6.2%
25.9%
Q3 24
8.4%
24.5%
Q2 24
5.3%
26.5%
Net Margin
RNGR
RNGR
WING
WING
Q1 26
16.3%
Q4 25
2.3%
15.2%
Q3 25
0.9%
16.2%
Q2 25
5.2%
15.4%
Q1 25
0.4%
53.9%
Q4 24
4.1%
16.5%
Q3 24
5.7%
15.8%
Q2 24
3.4%
17.7%
EPS (diluted)
RNGR
RNGR
WING
WING
Q1 26
$1.08
Q4 25
$0.14
$0.99
Q3 25
$0.05
$1.02
Q2 25
$0.32
$0.96
Q1 25
$0.03
$3.24
Q4 24
$0.24
$0.91
Q3 24
$0.39
$0.88
Q2 24
$0.21
$0.93

Balance Sheet & Financial Strength

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

Metric
RNGR
RNGR
WING
WING
Cash + ST InvestmentsLiquidity on hand
$10.3M
$128.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$300.1M
Total Assets
$419.3M
$648.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RNGR
RNGR
WING
WING
Q1 26
$128.8M
Q4 25
$10.3M
$196.6M
Q3 25
$45.2M
$237.6M
Q2 25
$48.9M
$227.9M
Q1 25
$40.3M
$251.4M
Q4 24
$40.9M
$315.9M
Q3 24
$14.8M
$84.0M
Q2 24
$8.7M
$96.7M
Total Debt
RNGR
RNGR
WING
WING
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$0
$1.2B
Q3 24
$0
Q2 24
$0
Stockholders' Equity
RNGR
RNGR
WING
WING
Q1 26
Q4 25
$300.1M
$-736.8M
Q3 25
$270.0M
$-702.6M
Q2 25
$276.9M
$-686.0M
Q1 25
$272.6M
$-715.0M
Q4 24
$273.8M
$-675.6M
Q3 24
$267.6M
$-447.5M
Q2 24
$260.5M
$-437.5M
Total Assets
RNGR
RNGR
WING
WING
Q1 26
$648.9M
Q4 25
$419.3M
$693.4M
Q3 25
$372.8M
$721.0M
Q2 25
$381.7M
$708.3M
Q1 25
$376.5M
$696.8M
Q4 24
$381.6M
$716.2M
Q3 24
$373.9M
$484.8M
Q2 24
$359.6M
$451.8M
Debt / Equity
RNGR
RNGR
WING
WING
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
RNGR
RNGR
WING
WING
Operating Cash FlowLast quarter
$24.1M
Free Cash FlowOCF − Capex
$17.1M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
7.53×
TTM Free Cash FlowTrailing 4 quarters
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RNGR
RNGR
WING
WING
Q1 26
Q4 25
$24.1M
$57.3M
Q3 25
$13.6M
$63.9M
Q2 25
$20.7M
$6.6M
Q1 25
$10.6M
$25.3M
Q4 24
$32.7M
$7.7M
Q3 24
$17.7M
$69.0M
Q2 24
$22.1M
$36.2M
Free Cash Flow
RNGR
RNGR
WING
WING
Q1 26
Q4 25
$17.1M
$34.5M
Q3 25
$8.0M
$61.7M
Q2 25
$14.4M
$-7.8M
Q1 25
$3.4M
$17.3M
Q4 24
$27.3M
$-8.6M
Q3 24
$10.8M
$54.9M
Q2 24
$6.8M
$25.9M
FCF Margin
RNGR
RNGR
WING
WING
Q1 26
Q4 25
12.0%
19.6%
Q3 25
6.2%
35.1%
Q2 25
10.2%
-4.5%
Q1 25
2.5%
10.1%
Q4 24
19.1%
-5.3%
Q3 24
7.1%
33.8%
Q2 24
4.9%
16.6%
Capex Intensity
RNGR
RNGR
WING
WING
Q1 26
Q4 25
4.9%
13.0%
Q3 25
4.3%
1.3%
Q2 25
4.5%
8.2%
Q1 25
5.3%
4.7%
Q4 24
3.8%
10.1%
Q3 24
4.5%
8.7%
Q2 24
11.1%
6.6%
Cash Conversion
RNGR
RNGR
WING
WING
Q1 26
Q4 25
7.53×
2.14×
Q3 25
11.33×
2.24×
Q2 25
2.84×
0.25×
Q1 25
17.67×
0.27×
Q4 24
5.64×
0.29×
Q3 24
2.03×
2.68×
Q2 24
4.70×
1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

WING
WING

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

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