Wendy's (WEN) FCF Margin (2009 - 2026)
Wendy's (WEN) recorded FCF Margin of 14.20% in Q2 2026, up 7.21 percentage points from 6.99% a year earlier and up 5.41 percentage points from the prior quarter.
Wendy's (WEN) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Wendy's' FCF Margin came in at 11.99% as of Jun 28, 2026, up 0.44 percentage points year-over-year; for FY2025, it came in at 11.15%, down 0.47 percentage points from FY2024.
- Annual FCF Margin has a four-year change of -1.28 percentage points (FY2021 to FY2025).
- Across earlier years, FCF Margin came in at 11.61% in FY2024 (-0.32 pp), 11.94% in FY2023 (+3.62 pp), 8.32% in FY2022 and 12.42% in FY2021.
- Quarterly FCF Margin has ranged from -8.77% in Q4 2022 to 21.76% in Q3 2024 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +0.01 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 17.38 percentage points in Q4 2023, against a drop of 7.60 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.79% (Q1 2026), 5.78% (Q4 2025) and 18.97% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 27.83% |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | 14.49% |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | 13.84% |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 18.76% |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 19.01% |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | 10.19% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 19.01% |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 9.53% |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | 4.85% |
| 10 | Wendy's | 1.25 Bn | 14.59 Mn | 363.30 Mn | 14.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 14.20% |
| Mar 29, 2026 | 8.79% |
| Dec 28, 2025 | 5.78% |
| Sep 28, 2025 | 18.97% |
| Jun 29, 2025 | 6.99% |
| Mar 30, 2025 | 12.94% |
| Dec 29, 2024 | 4.63% |
| Sep 29, 2024 | 21.76% |
| Jun 30, 2024 | 4.97% |
| Mar 31, 2024 | 15.45% |
| Dec 31, 2023 | 8.61% |
| Oct 1, 2023 | 18.62% |
| Jul 2, 2023 | 12.57% |
| Apr 2, 2023 | 7.70% |
| Jan 1, 2023 | -8.77% |
| Apr 3, 2022 | 1.74% |
| Oct 3, 2021 | 20.97% |
| Jul 4, 2021 | 12.00% |
| Apr 4, 2021 | 16.40% |
| Jan 3, 2021 | 11.49% |
Wendy's FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=WEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=WEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();