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Wendy's WEN Operating margin

Operating margin at other companies

McDonald's logo
McDonald'sMCD
46.2%+0.4pp
Yum! Brands logo
Yum! BrandsYUM
31%+0.1pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
26.9%+3.5pp
Wingstop logo
WingstopWING
27.9%+3.2pp
Papa John's International logo
Papa John's InternationalPZZA
4.3%-2.6pp
Red Robin Gourmet Burgers logo
Red Robin Gourmet BurgersRRGB
-4.3%

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
Net margin5.7%-2.9pp
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 operating margin?
Wendy's (WEN) reported operating margin of 13.6% in Q2 2026.
How has Wendy's's operating margin changed year-over-year?
Wendy's's operating margin decreased by 19.8% year-over-year, from 17% to 13.6%.
What is the long-term trend for Wendy's's operating margin?
Over 5 years (2020 to 2025), Wendy's's operating margin has grown at a 0.3% compound annual growth rate (CAGR), from 15.5% to 15.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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