Where Food Comes From (WFCF) Net Margin (2010 - 2025)
Where Food Comes From (WFCF) recorded quarterly Net Margin of 2.9% in Q4 2025, down 118.04% quarter-over-quarter from 16.05% in Q3 2025, and down 1918.0% on a YoY basis from 0.16% in Q4 2024.
Where Food Comes From (WFCF) Net Margin (2010 - 2025) Analysis & Trends
Where Food Comes From's Net Margin history runs 16 years deep, the most recent figure standing at 2.9% for Q4 2025.
- In Q4 2025, Net Margin fell 1918.0% year-over-year to 2.9%; the TTM figure through Dec 2025 stood at 6.2% (down 244.0% YoY), while the FY2025 annual figure was 6.4%, down 219.0% from the prior year.
- Net Margin was 2.9% for Q4 2025 at Where Food Comes From, down from 16.05% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 25.9% in Q1 2021 to a low of 2.9% in Q4 2025.
- Historically, Net Margin has averaged 8.74% across 5 years, with a median of 8.32% in 2022.
- The sharpest annual moves came in 2021 and 2025: Net Margin jumped 3615 bps in 2021, then tumbled 1918 bps in 2025.
- A 5-year view of Net Margin shows it stood at 12.44% in 2021, then tumbled by 43 bps to 7.09% in 2022, then jumped by 67 bps to 11.83% in 2023, then surged by 38 bps to 16.29% in 2024, then tumbled by 118 bps to 2.9% in 2025.
- The last three Net Margin figures came in at 2.9% (Q4 2025), 16.05% (Q3 2025), and 8.56% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 17.68% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 32.45% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 10.09% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 12.80% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -76.01% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 2.08% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 1.55% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 24.14% |
| 10 | Where Food Comes From | 62.34 Mn | 59.14 Mn | 2.17 Mn | -2.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.90% |
| Sep 30, 2025 | 16.05% |
| Jun 30, 2025 | 8.56% |
| Mar 31, 2025 | 0.59% |
| Dec 31, 2024 | 16.29% |
| Sep 30, 2024 | 6.66% |
| Jun 30, 2024 | 7.65% |
| Mar 31, 2024 | 3.19% |
| Dec 31, 2023 | 11.83% |
| Sep 30, 2023 | 10.31% |
| Jun 30, 2023 | 8.68% |
| Mar 31, 2023 | 2.30% |
| Dec 31, 2022 | 7.09% |
| Sep 30, 2022 | 10.81% |
| Jun 30, 2022 | 4.16% |
| Mar 31, 2022 | 8.07% |
| Dec 31, 2021 | 12.44% |
| Sep 30, 2021 | 13.25% |
| Jun 30, 2021 | 3.93% |
| Mar 31, 2021 | 25.90% |