Wendy's (WEN) Tax Rate (2009 - 2026)
Wendy's posted quarterly Tax Rate of 33.52% for Q1 2026, up 496.0% year-on-year from 5.62% in Q1 2025, and up 65.78% on a QoQ basis from 20.22% in Q4 2025.
Wendy's (WEN) has 18 years of Tax Rate data on file, last reported at 33.52% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 496.0% year-over-year to 33.52%; the trailing twelve-month figure through Mar 2026 stood at 28.06% (down 95.0% YoY), and the FY2025 full-year result was 27.36%, down 130.0% from the prior year.
- Tax Rate for Q1 2026 stood at 33.52%, up from 20.22% in the prior quarter.
- Across five years, Tax Rate topped out at 45.98% in Q1 2023 and bottomed at 20.22% in Q4 2025.
- The 5-year median for Tax Rate is 27.39% (2025), against an average of 28.7%.
- The widest annual swing landed in 2022, when Tax Rate surged 772 bps; it then slumped 1574 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 26.89% in 2022, then advanced by 12 bps to 30.24% in 2023, then grew by 8 bps to 32.61% in 2024, then plunged by 38 bps to 20.22% in 2025, then soared 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 29.84 |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 16.28 |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 25.38 |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 7.87 |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 12.95 |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 27.21 |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 14.31 |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 22.60 |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 19.05 |
| 10 | Wendy's | 1.49 Bn | 1.19 Bn | 339.59 Mn | 33.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 33.52 |
| Mar 29, 2026 | 33.52 |
| Dec 28, 2025 | 20.22 |
| Dec 28, 2025 | 20.22 |
| Sep 28, 2025 | 30.02 |
| Sep 28, 2025 | 30.02 |
| Jun 29, 2025 | 27.39 |
| Jun 29, 2025 | 27.39 |
| Mar 30, 2025 | 28.56 |
| Mar 30, 2025 | 28.56 |
| Dec 29, 2024 | 32.61 |
| Dec 29, 2024 | 32.61 |
| Sep 29, 2024 | 27.89 |
| Sep 29, 2024 | 27.89 |
| Jun 30, 2024 | 26.97 |
| Jun 30, 2024 | 26.97 |
| Mar 31, 2024 | 26.91 |
| Mar 31, 2024 | 26.91 |
| Dec 31, 2023 | 30.24 |
| Dec 31, 2023 | 30.24 |
| Oct 1, 2023 | 25.54 |
| Oct 1, 2023 | 25.54 |
| Jul 2, 2023 | 24.41 |
| Jul 2, 2023 | 24.41 |
| Apr 2, 2023 | 27.97 |
| Apr 2, 2023 | 27.97 |
| Jan 1, 2023 | 45.98 |
| Jan 1, 2023 | 45.98 |
| Oct 2, 2022 | 26.89 |
| Oct 2, 2022 | 26.89 |
| Jul 3, 2022 | 26.36 |
| Jul 3, 2022 | 26.36 |
| Apr 3, 2022 | 26.42 |
| Apr 3, 2022 | 26.42 |
| Oct 3, 2021 | 24.27 |
| Oct 3, 2021 | 24.27 |
| Jul 4, 2021 | 18.64 |
| Jul 4, 2021 | 18.64 |
| Apr 4, 2021 | 24.05 |
| Apr 4, 2021 | 24.05 |
| Jan 3, 2021 | 18.69 |
| Jan 3, 2021 | 18.69 |
| Sep 27, 2020 | 24.20 |
| Sep 27, 2020 | 24.20 |
| Jun 28, 2020 | 20.77 |
| Jun 28, 2020 | 20.77 |
| Mar 29, 2020 | 32.15 |
| Mar 29, 2020 | 32.15 |
| Dec 29, 2019 | 18.48 |
| Dec 29, 2019 | 18.48 |
| Sep 29, 2019 | 13.48 |
| Sep 29, 2019 | 13.48 |
| Jun 30, 2019 | 29.19 |
| Jun 30, 2019 | 29.19 |
| Mar 31, 2019 | 20.03 |
| Mar 31, 2019 | 20.03 |
| Dec 30, 2018 | 2.84 |
| Dec 30, 2018 | 2.84 |
| Sep 30, 2018 | 21.58 |
| Sep 30, 2018 | 21.58 |
| Jul 1, 2018 | 29.31 |
| Jul 1, 2018 | 29.31 |
| Apr 1, 2018 | -40.45 |
| Apr 1, 2018 | -40.45 |
| Dec 31, 2017 | -323.30 |
| Dec 31, 2017 | -323.30 |
| Oct 1, 2017 | 54.82 |
| Oct 1, 2017 | 54.82 |
| Jul 2, 2017 | -521.21 |
| Jul 2, 2017 | -521.21 |
| Apr 2, 2017 | 30.48 |
| Apr 2, 2017 | 30.48 |
| Jan 1, 2017 | 27.47 |
| Jan 1, 2017 | 27.47 |
| Oct 2, 2016 | 37.20 |
| Oct 2, 2016 | 37.20 |
| Jul 3, 2016 | 28.97 |
| Jul 3, 2016 | 28.97 |
| Apr 3, 2016 | 29.51 |
| Apr 3, 2016 | 29.51 |
| Sep 27, 2015 | 70.50 |
| Sep 27, 2015 | 70.50 |
| Jun 28, 2015 | 38.07 |
| Jun 28, 2015 | 38.07 |
| Mar 29, 2015 | 28.56 |
| Mar 29, 2015 | 28.56 |
| Dec 28, 2014 | 38.42 |
| Dec 28, 2014 | 38.42 |
| Sep 28, 2014 | 32.84 |
| Sep 28, 2014 | 32.84 |
| Jun 29, 2014 | 44.16 |
| Jun 29, 2014 | 44.16 |
| Mar 30, 2014 | 39.51 |
| Mar 30, 2014 | 39.51 |
| Dec 29, 2013 | -5.07 |
| Dec 29, 2013 | -5.07 |
| Sep 29, 2013 | 116.06 |
| Sep 29, 2013 | 116.06 |
| Jun 30, 2013 | 29.63 |
| Jun 30, 2013 | 29.63 |
| Mar 31, 2013 | 376.65 |
| Mar 31, 2013 | 376.65 |
| Dec 30, 2012 | -35.20 |
| Dec 30, 2012 | -35.20 |
| Sep 30, 2012 | 32.19 |
| Sep 30, 2012 | 32.19 |
| Jul 1, 2012 | 61.22 |
| Jul 1, 2012 | 61.22 |
| Apr 1, 2012 | 31.82 |
| Apr 1, 2012 | 31.82 |
| Jan 1, 2012 | 64.25 |
| Jan 1, 2012 | 64.25 |
| Oct 2, 2011 | 40.97 |
| Oct 2, 2011 | 40.97 |
| Jul 3, 2011 | 42.21 |
| Jul 3, 2011 | 42.21 |
| Apr 3, 2011 | 74.74 |
| Apr 3, 2011 | 74.74 |
| Oct 3, 2010 | -46.17 |
| Oct 3, 2010 | -46.17 |
| Jul 4, 2010 | 169.94 |
| Jul 4, 2010 | 169.94 |
| Apr 4, 2010 | 60.17 |
| Apr 4, 2010 | 60.17 |
| Jan 3, 2010 | 72.29 |
| Jan 3, 2010 | 72.29 |
| Sep 27, 2009 | 36.37 |
| Sep 27, 2009 | 36.37 |
| Jun 28, 2009 | 274.20 |
| Jun 28, 2009 | 274.20 |