What are Wendy's's profit margins?

Wendy's (WEN) runs a 63.3% gross margin and a 14.8% operating margin, with a 6.8% net margin.

Where do Wendy's's ratios come from?

Every ratio is computed from Wendy's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Wendy's WEN Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	63.3%-0.3pp	63.6%-0.8pp	64.5%-0.7pp	65.1%0.0pp	65.1%0.0pp
Operating margin	14.8%-1.0pp	15.8%-1.2pp	17%0.0pp	17%+0.3pp	16.7%+0.2pp
Net margin	6.8%-0.8pp	7.6%-0.8pp	8.4%-0.2pp	8.6%+0.1pp	8.6%-0.1pp
EBITDA margin	21.9%-0.8pp	22.8%-0.8pp	23.6%+0.1pp	23.4%+0.3pp	23.2%+0.2pp
Free cash flow margin	10.1%-1.0pp	11.1%+0.4pp	10.8%-0.8pp	11.5%+0.5pp	11%-0.6pp
Returns
Return on equity	120.9%+33.2pp	87.6%-13.2pp	100.8%+1.5pp	99.3%+9.0pp	90.4%+22.1pp
Return on assets	3%-0.3pp	3.3%-0.4pp	3.7%-0.1pp	3.8%+0.1pp	3.8%0.0pp
Return on invested capital	6.1%-0.3pp	6.4%-0.4pp	6.9%-0.1pp	6.9%0.0pp	6.9%+0.1pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Inventory turnover	125.7×+11.9×	113.8×-5.2×	119×-3.3×	122.3×-4.4×	126.6×+8.1×
Liquidity
Current ratio	1.8×+0.1×	1.8×+1.0×	0.8×-0.6×	1.4×0.0×	1.5×-0.4×
Quick ratio	1.8×+0.1×	1.7×+0.9×	0.8×-0.6×	1.4×0.0×	1.5×-0.4×
Cash ratio	1×0.0×	1×+0.6×	0.4×-0.4×	0.8×-0.1×	0.9×-0.4×
Leverage
Debt-to-equity	35.6×+0.3×	35.3×-2.4×	37.7×+1.5×	36.2×+4.9×	31.3×+15.5×
Debt-to-assets	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.8×0.0×
Net debt / EBITDA	7.8×+0.2×	7.6×+0.4×	7.2×0.0×	7.2×+0.1×	7.1×+0.1×
Interest coverage	2.5×-0.2×	2.7×-0.3×	3×0.0×	3×0.0×	3×0.0×
Valuation
Market capitalization	$1.5B-35.1%	$1.48B-8.9%	$1.63B-14.0%	$1.89B-24.9%	$2.52B-17.2%
Enterprise value	$5.25B-12.4%	$5.27B-2.3%	$5.39B-4.5%	$5.65B-8.9%	$6.2B-6.4%
Price / earnings	10.1×-2.0×	9×+0.2×	8.7×-1.1×	9.8×-3.3×	13.1×-2.5×
Price / sales	0.7×-0.3×	0.7×-0.1×	0.7×-0.1×	0.8×-0.3×	1.1×-0.2×
Price / book	13×-4.8×	12.6×-2.3×	14.9×-1.9×	16.8×-2.6×	19.3×+7.6×
EV / EBITDA	10.9×-0.7×	10.6×+0.3×	10.4×-0.5×	10.8×-1.2×	12×-0.9×
EV / sales	2.4×-0.3×	2.4×0.0×	2.4×-0.1×	2.5×-0.2×	2.8×-0.2×
Free cash flow yield	14.9%+4.2pp	16.4%+1.7pp	14.6%+1.0pp	13.6%+3.8pp	9.8%+1.2pp
Earnings yield	9.9%+1.6pp	11.1%-0.3pp	11.4%+1.3pp	10.2%+2.5pp	7.6%+1.2pp
Dividend yield	7.1%-1.6pp	8.7%-0.7pp	9.5%0.0pp	9.4%+1.4pp	8%+1.3pp

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Questions, answered.

What are Wendy's's profit margins?: Wendy's (WEN) runs a 63.3% gross margin and a 14.8% operating margin, with a 6.8% net margin.
Where do Wendy's's ratios come from?: Every ratio is computed from Wendy's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.