Wendy's (WEN) Net Margin (2009 - 2026)
Wendy's' (WEN) quarterly Net Margin came in at 4.2% in Q1 2026, down 329.0% YoY from 1.83% in Q1 2025, and down 13.86% on a QoQ basis from 4.88% in Q4 2025.
Analysis
Wendy's (WEN) Net Margin (2009 - 2026) Analysis & Trends
Wendy's (WEN) has 18 years of Net Margin data on file, last reported at 4.2% in 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 declined to 4.2% in Q1 2026, from 4.88% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.62% in Q3 2023 to a low of 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 sank 437 bps — and 2023, when it soared 435 bps.
- Tracing WEN's Net Margin over 5 years: stood at 9.49% in 2022, then slipped by 9 bps to 8.68% in 2023, then fell by 5 bps to 8.27% in 2024, then plunged by 41 bps to 4.88% in 2025, then retreated by 14 bps to 4.2% in 2026.
- The last three Net Margin figures came in at 4.2% (Q1 2026), 4.88% (Q4 2025), and 8.05% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 11.21% |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | 12.05% |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | 20.12% |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 26.39% |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | 8.35% |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | 7.26% |
| 10 | Wendy's | 1.52 Bn | 1.18 Bn | 363.30 Mn | 5.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 5.72% |
| 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% |