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| Date | Value |
|---|---|
| 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% |