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Side-by-side financial comparison of Service Properties Trust (SVC) and Wingstop Inc. (WING). Click either name above to swap in a different company.

Service Properties Trust is the larger business by last-quarter revenue ($296.5M vs $183.7M, roughly 1.6× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs -0.3%, a 16.5% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -17.0%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% CAGR vs -6.1%).

Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...

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.

SVC vs WING — Head-to-Head

Bigger by revenue
SVC
SVC
1.6× larger
SVC
$296.5M
$183.7M
WING
Growing faster (revenue YoY)
WING
WING
+24.4% gap
WING
7.4%
-17.0%
SVC
Higher net margin
WING
WING
16.5% more per $
WING
16.3%
-0.3%
SVC
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
-6.1%
SVC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SVC
SVC
WING
WING
Revenue
$296.5M
$183.7M
Net Profit
$-782.0K
$29.9M
Gross Margin
86.5%
Operating Margin
-3.9%
27.4%
Net Margin
-0.3%
16.3%
Revenue YoY
-17.0%
7.4%
Net Profit YoY
99.0%
EPS (diluted)
$-0.01
$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
SVC
SVC
WING
WING
Q1 26
$183.7M
Q4 25
$296.5M
$175.7M
Q3 25
$377.6M
$175.7M
Q2 25
$404.4M
$174.3M
Q1 25
$335.0M
$171.1M
Q4 24
$357.0M
$161.8M
Q3 24
$390.9M
$162.5M
Q2 24
$412.5M
$155.7M
Net Profit
SVC
SVC
WING
WING
Q1 26
$29.9M
Q4 25
$-782.0K
$26.8M
Q3 25
$-46.9M
$28.5M
Q2 25
$-38.2M
$26.8M
Q1 25
$-116.4M
$92.3M
Q4 24
$-76.4M
$26.8M
Q3 24
$-46.9M
$25.7M
Q2 24
$-73.8M
$27.5M
Gross Margin
SVC
SVC
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
SVC
SVC
WING
WING
Q1 26
27.4%
Q4 25
-3.9%
26.7%
Q3 25
-12.8%
27.9%
Q2 25
-9.2%
25.9%
Q1 25
-33.3%
22.4%
Q4 24
-19.4%
25.9%
Q3 24
-12.8%
24.5%
Q2 24
-17.1%
26.5%
Net Margin
SVC
SVC
WING
WING
Q1 26
16.3%
Q4 25
-0.3%
15.2%
Q3 25
-12.4%
16.2%
Q2 25
-9.4%
15.4%
Q1 25
-34.8%
53.9%
Q4 24
-21.4%
16.5%
Q3 24
-12.0%
15.8%
Q2 24
-17.9%
17.7%
EPS (diluted)
SVC
SVC
WING
WING
Q1 26
$1.08
Q4 25
$-0.01
$0.99
Q3 25
$-0.28
$1.02
Q2 25
$-0.23
$0.96
Q1 25
$-0.70
$3.24
Q4 24
$-0.46
$0.91
Q3 24
$-0.28
$0.88
Q2 24
$-0.45
$0.93

Balance Sheet & Financial Strength

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

Metric
SVC
SVC
WING
WING
Cash + ST InvestmentsLiquidity on hand
$346.8M
$128.8M
Total DebtLower is stronger
$5.5B
Stockholders' EquityBook value
$646.1M
Total Assets
$6.5B
$648.9M
Debt / EquityLower = less leverage
8.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SVC
SVC
WING
WING
Q1 26
$128.8M
Q4 25
$346.8M
$196.6M
Q3 25
$417.4M
$237.6M
Q2 25
$63.2M
$227.9M
Q1 25
$80.1M
$251.4M
Q4 24
$143.5M
$315.9M
Q3 24
$48.6M
$84.0M
Q2 24
$14.6M
$96.7M
Total Debt
SVC
SVC
WING
WING
Q1 26
Q4 25
$5.5B
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$5.8B
$1.2B
Q3 24
Q2 24
Stockholders' Equity
SVC
SVC
WING
WING
Q1 26
Q4 25
$646.1M
$-736.8M
Q3 25
$647.9M
$-702.6M
Q2 25
$695.9M
$-686.0M
Q1 25
$734.6M
$-715.0M
Q4 24
$851.9M
$-675.6M
Q3 24
$929.0M
$-447.5M
Q2 24
$1.0B
$-437.5M
Total Assets
SVC
SVC
WING
WING
Q1 26
$648.9M
Q4 25
$6.5B
$693.4M
Q3 25
$7.0B
$721.0M
Q2 25
$6.9B
$708.3M
Q1 25
$7.0B
$696.8M
Q4 24
$7.1B
$716.2M
Q3 24
$7.1B
$484.8M
Q2 24
$7.1B
$451.8M
Debt / Equity
SVC
SVC
WING
WING
Q1 26
Q4 25
8.52×
Q3 25
Q2 25
Q1 25
Q4 24
6.85×
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
SVC
SVC
WING
WING
Operating Cash FlowLast quarter
$-18.5M
Free Cash FlowOCF − Capex
$-95.2M
FCF MarginFCF / Revenue
-32.1%
Capex IntensityCapex / Revenue
25.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-107.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SVC
SVC
WING
WING
Q1 26
Q4 25
$-18.5M
$57.3M
Q3 25
$98.1M
$63.9M
Q2 25
$-7.0K
$6.6M
Q1 25
$38.2M
$25.3M
Q4 24
$-9.7M
$7.7M
Q3 24
$106.2M
$69.0M
Q2 24
$43.8M
$36.2M
Free Cash Flow
SVC
SVC
WING
WING
Q1 26
Q4 25
$-95.2M
$34.5M
Q3 25
$57.9M
$61.7M
Q2 25
$-46.6M
$-7.8M
Q1 25
$-23.2M
$17.3M
Q4 24
$-88.9M
$-8.6M
Q3 24
$24.1M
$54.9M
Q2 24
$-22.3M
$25.9M
FCF Margin
SVC
SVC
WING
WING
Q1 26
Q4 25
-32.1%
19.6%
Q3 25
15.3%
35.1%
Q2 25
-11.5%
-4.5%
Q1 25
-6.9%
10.1%
Q4 24
-24.9%
-5.3%
Q3 24
6.2%
33.8%
Q2 24
-5.4%
16.6%
Capex Intensity
SVC
SVC
WING
WING
Q1 26
Q4 25
25.9%
13.0%
Q3 25
10.6%
1.3%
Q2 25
11.5%
8.2%
Q1 25
18.3%
4.7%
Q4 24
22.2%
10.1%
Q3 24
21.0%
8.7%
Q2 24
16.0%
6.6%
Cash Conversion
SVC
SVC
WING
WING
Q1 26
Q4 25
2.14×
Q3 25
2.24×
Q2 25
0.25×
Q1 25
0.27×
Q4 24
0.29×
Q3 24
2.68×
Q2 24
1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SVC
SVC

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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