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

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

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

Wendy's has reported Net Margin for 18 years, with the latest figure at 4.2% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 329.0% year-over-year to 4.2%; the trailing twelve-month figure through Mar 2026 stood at 6.77% (down 180.0% YoY), and the FY2025 full-year result was 7.58%, down 107.0% from the prior year.
  • Net Margin for Q1 2026 stood at 4.2%, down from 4.88% in the prior quarter.
  • The five-year high for Net Margin was 10.62% in Q3 2023, with the low at 4.2% in Q1 2026.
  • Historically, Net Margin has averaged 8.05% across 5 years, with a median of 8.27% in 2024.
  • Annual changes were most pronounced in 2022 — Net Margin sank 437 bps — and 2023, when it soared 435 bps.
  • Wendy's' Net Margin 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 5.36%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 9.81%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 20.98%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 14.93%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn -0.11%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 10.06%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 7.56%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 12.15%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 1.79%
10 Wendy's 1.29 Bn 994.30 Mn 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%