KPIs & Operating Metrics(New)
Growth Metrics

Wendy's (WEN) Operating Margin (2016 - 2025)

Wendy's filings provide 17 years of Operating Margin readings, the most recent being 11.79% for Q4 2025.

  • On a quarterly basis, Operating Margin fell 493.0% to 11.79% in Q4 2025 year-over-year; TTM through Dec 2025 was 15.78%, a 75.0% decrease, with the full-year FY2025 number at 15.78%, down 75.0% from a year prior.
  • Operating Margin hit 11.79% in Q4 2025 for Wendy's, down from 16.75% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 25.69% in Q3 2021 to a low of 9.42% in Q1 2023.
  • Median Operating Margin over the past 5 years was 16.74% (2025), compared with a mean of 16.87%.
  • Biggest five-year swings in Operating Margin: soared 1061bps in 2021 and later tumbled -779bps in 2022.
  • Wendy's' Operating Margin stood at 17.05% in 2021, then increased by 8bps to 18.43% in 2022, then fell by -13bps to 16.02% in 2023, then rose by 4bps to 16.72% in 2024, then dropped by -29bps to 11.79% in 2025.
  • The last three reported values for Operating Margin were 11.79% (Q4 2025), 16.75% (Q3 2025), and 18.59% (Q2 2025) per Business Quant data.