Wendy's (WEN) Net Margin (2009 - 2026)
Wendy's (WEN) reported Net Margin of 5.72% for Q2 2026, down 4.11 percentage points from 9.82% a year earlier but up 1.52 percentage points from the prior quarter.
Powered by 
Analysis
Wendy's (WEN) Net Margin (2009 - 2026) Analysis & Trends
For FY2025, Wendy's posted Net Margin of 7.58%, down 1.07 percentage points from FY2024.
- Net Margin has a four-year change of +0.79 percentage points (FY2021 to FY2025).
- By year, Net Margin came in at 8.65% in FY2024 (-0.72 pp), 9.37% in FY2023 (+0.91 pp), 8.46% in FY2022 and 6.80% in FY2021.
- Five-year quarterly Net Margin spans a low of 4.20% in Q1 2026 and a high of 10.62% in Q2 2023.
- Year over year, Net Margin has now declined in each of the last four quarters, with an average year-over-year change of -1.73 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2023 (a gain of 4.35 percentage points); the low point was Q2 2026 (a drop of 4.11 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.20% (Q1 2026), 4.88% (Q4 2025) and 8.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | 11.21% |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | 12.05% |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 20.12% |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 26.39% |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 7.78% |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | 7.26% |
| 10 | Wendy's | 1.25 Bn | 14.59 Mn | 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% |
API Access
Wendy's Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();