Wendy's WEN
NASDAQ WEN
$8.03 +0.15 (+1.90%)
As of: Sep 4, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%