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Wendy's WEN Net margin

Net margin at other companies

McDonald's logo
McDonald'sMCD
31.7%-0.5pp
Yum! Brands logo
Yum! BrandsYUM
25.4%+7.3pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
17.5%+4.3pp
BH
Biglari Holdings Inc.BH
-7.3%-17.8pp
Wingstop logo
WingstopWING
16.2%-9.5pp
Papa John's International logo
Papa John's InternationalPZZA
1.4%-2.2pp

Other financials

Income statement

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Revenue$570.6M+1.7%
Gross profit$363.3M-0.3%
Operating income$79.3M-24.0%
Net income$32.6M-40.8%
EPS (diluted)$0.17-41.4%

Balance sheet

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Cash & equivalents$394.8M+19.6%
Total debt$4.1B-0.4%
Total equity$120.5M+6.7%
Total assets$4.9B-0.2%

Cash flow

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Operating cash flow$100.6M+66.0%
CapEx$19.6M-8.5%
Free cash flow$81.0M+107%

Valuation

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Market cap$1.41B-27.0%
Enterprise value$5.09B-10.6%
P/E11.2×+1.1×
P/S0.6×-0.2×

Profitability

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Gross margin63%-2.1pp
Operating margin13.6%-3.4pp
FCF margin12%+0.4pp

Returns & leverage

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Return on equity108%+8.7pp
Debt / equity33.8×-2.4×
Current ratio1.9×+0.5×

Where this comes from

Calculated from Wendy's’s reported figures.

Based on trailing twelve months.

The source filing: Wendy's’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000030697-26-000116

FAQ

What is Wendy's's net margin?
Wendy's (WEN) reported net margin of 5.7% in Q2 2026.
How has Wendy's's net margin changed year-over-year?
Wendy's's net margin decreased by 33.7% year-over-year, from 8.6% to 5.7%.
What is the long-term trend for Wendy's's net margin?
Over 5 years (2020 to 2025), Wendy's's net margin has grown at a 2.2% compound annual growth rate (CAGR), from 6.8% to 7.6%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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