Wendy's (WEN) Tax Rate (2009 - 2026)
Wendy's (WEN) posted Tax Rate of 32.84% for Q2 2026, up 5.45 percentage points from 27.39% a year earlier but down 0.68 percentage points from the prior quarter.
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Analysis
Wendy's (WEN) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Tax Rate at Wendy's was 29.64%, up 0.52 percentage points year-over-year; for FY2025, it came in at 27.36%, down 1.30 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of +4.48 percentage points (FY2021 to FY2025).
- In prior years, Wendy's' Tax Rate was 28.65% in FY2024 (+1.82 pp), 26.83% in FY2023 (-0.33 pp), 27.16% in FY2022 and 22.88% in FY2021.
- Quarterly Tax Rate has run from a low of 20.22% in Q4 2025 to a high of 45.98% in Q4 2022 over five years.
- On a year-over-year basis, Tax Rate increased in seven of the last eight quarters, with an average year-over-year change of +0.87 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2026, with a gain of 5.45 percentage points; the weakest was Q4 2023, with a drop of 15.74 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 33.52% (Q1 2026), 20.22% (Q4 2025) and 30.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 163.51 Bn | 158.34 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 107.11 Bn | 94.75 Bn | - | 26.38% |
| 3 | Chipotle Mexican Grill | 40.42 Bn | 36.40 Bn | - | 24.33% |
| 4 | Yum Brands | 37.23 Bn | 34.12 Bn | 1.47 Bn | - |
| 5 | Restaurant Brands International | 24.82 Bn | 21.92 Bn | 1.38 Bn | - |
| 6 | Darden Restaurants | 22.06 Bn | 21.17 Bn | -113.70 Mn | 12.41% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | - |
| 8 | Yum China Holdings | 14.18 Bn | 8.54 Bn | 537.00 Mn | 25.99% |
| 9 | Texas Roadhouse | 10.25 Bn | 9.62 Bn | - | 13.53% |
| 10 | Wendy's | 1.22 Bn | -15.92 Mn | 363.30 Mn | 32.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Wendy's Tax Rate 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=tax-rate&ticker=WEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();