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

Wendy's' Tax Rate history runs 18 years deep, the most recent figure standing at 33.52% for 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 was 33.52% for Q1 2026 at Wendy's, 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.
• 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 tumbled 1574 bps.
• Wendy's' Tax Rate stood at 26.89% in 2022, then climbed by 12 bps to 30.24% in 2023, then increased by 8 bps to 32.61% in 2024, then tumbled by 38 bps to 20.22% in 2025, then jumped by 66 bps to 33.52% in 2026.
• Business Quant data shows WEN's Tax Rate at 33.52% in Q1 2026, 20.22% in Q4 2025, and 30.02% in Q3 2025.