Wendy's (WEN) Net Margin (2009 - 2026)

Wendy's (WEN) posted Net Margin of 4.2% for Q1 2026, down 13.86% on a QoQ basis from 4.88% in Q4 2025, and down 329.0% year-over-year from 1.83% in Q1 2025.

Wendy's (WEN) Net Margin (2009 - 2026) Analysis & Trends

Wendy's' Net Margin history runs 18 years deep, the most recent figure standing at 4.2% for Q1 2026.

  • Quarterly Net Margin fell 329.0% year-over-year to 4.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.77% (down 180.0% YoY) and the FY2025 annual result came in at 7.58%, down 107.0% from the prior year.
  • Net Margin was 4.2% for Q1 2026 at Wendy's, down from 4.88% in the prior quarter.
  • Across five years, Net Margin topped out at 10.62% in Q3 2023 and bottomed at 4.2% in Q1 2026.
  • A 5-year average of 8.05% and a median of 8.27% in 2024 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin plunged 437 bps — and 2023, when it soared 435 bps.
  • Wendy's' Net Margin stood at 9.49% in 2022, then declined by 9 bps to 8.68% in 2023, then decreased by 5 bps to 8.27% in 2024, then slumped by 41 bps to 4.88% in 2025, then slipped by 14 bps to 4.2% in 2026.
  • Business Quant data shows WEN's Net Margin at 4.2% in Q1 2026, 4.88% in Q4 2025, and 8.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 5.36%
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 9.81%
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 20.98%
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 14.93%
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn -0.08%
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 10.06%
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 7.56%
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 11.37%
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 5.10%
10 Wendy's 1.36 Bn 1.33 Bn 339.59 Mn 4.20%

Historic Data

Download Data
DateValue
Mar 29, 2026 4.20%
Dec 28, 2025 4.88%
Sep 28, 2025 8.05%
Jun 29, 2025 9.82%
Mar 30, 2025 7.49%
Dec 29, 2024 8.27%
Sep 29, 2024 8.86%
Jun 30, 2024 9.57%
Mar 31, 2024 7.85%
Dec 31, 2023 8.68%
Oct 1, 2023 10.54%
Jul 2, 2023 10.62%
Apr 2, 2023 7.53%
Jan 1, 2023 4.33%
Oct 2, 2022 9.49%
Jul 3, 2022 8.95%
Apr 3, 2022 7.65%
Oct 3, 2021 8.76%
Jul 4, 2021 13.32%
Apr 4, 2021 8.99%