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

Wendy's (WEN) Tax Rate (2009 - 2026)

Wendy's' (WEN) quarterly Tax Rate came in at 33.52% in Q1 2026, up 496.0% YoY from 5.62% in Q1 2025, and up 65.78% on a QoQ basis from 20.22% in Q4 2025.

Analysis

Wendy's (WEN) Tax Rate (2009 - 2026) Analysis & Trends

Wendy's (WEN) has 18 years of Tax Rate data on file, last reported at 33.52% in Q1 2026.

  • Quarterly Tax Rate rose 496.0% year-over-year to 33.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.06% (down 95.0% YoY) and the FY2025 annual result came in at 27.36%, down 130.0% from the prior year.
  • Tax Rate rose to 33.52% in Q1 2026, from 20.22% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 45.98% in Q1 2023 to a low of 20.22% in Q4 2025.
  • A 5-year average of 28.7% and a median of 27.39% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 772 bps — and 2023, when it plunged 1574 bps.
  • Tracing WEN's Tax Rate over 5 years: stood at 26.89% in 2022, then gained by 12 bps to 30.24% in 2023, then climbed by 8 bps to 32.61% in 2024, then sank by 38 bps to 20.22% in 2025, then surged by 66 bps to 33.52% in 2026.
  • The last three Tax Rate figures came in at 33.52% (Q1 2026), 20.22% (Q4 2025), and 30.02% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 19.55%
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 26.38%
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn 24.33%
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn -60.04%
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn -12.33%
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 12.41%
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn -12.33%
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 25.99%
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 13.53%
10 Wendy's 1.52 Bn 1.18 Bn 363.30 Mn 32.84%
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 32.84%
Mar 29, 2026 33.52%
Dec 28, 2025 20.22%
Sep 28, 2025 30.02%
Jun 29, 2025 27.39%
Mar 30, 2025 28.56%
Dec 29, 2024 32.61%
Sep 29, 2024 27.89%
Jun 30, 2024 26.97%
Mar 31, 2024 26.91%
Dec 31, 2023 30.24%
Oct 1, 2023 25.54%
Jul 2, 2023 24.41%
Apr 2, 2023 27.97%
Jan 1, 2023 45.98%
Oct 2, 2022 26.89%
Jul 3, 2022 26.36%
Apr 3, 2022 26.42%
Oct 3, 2021 24.27%
Jul 4, 2021 18.64%