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%-1.8pp	63.6%-1.5pp	64.5%-0.1pp	65.1%+1.0pp	65.1%+1.3pp
Operating margin	14.8%-1.9pp	15.8%-0.8pp	17%+0.6pp	17%+0.2pp	16.7%-0.6pp
Net margin	6.8%-1.8pp	7.6%-1.1pp	8.4%-0.3pp	8.6%-0.5pp	8.6%-0.9pp
EBITDA margin	21.9%-1.2pp	22.8%-0.1pp	23.6%+0.7pp	23.4%+0.2pp	23.2%-0.5pp
Free cash flow margin	10.1%-0.9pp	11.1%-0.5pp	10.8%-1.9pp	11.5%-0.3pp	11%-2.8pp
Returns
Return on equity	120.9%+30.5pp	87.6%+19.3pp	100.8%+36.5pp	99.3%+38.7pp	90.4%+32.5pp
Return on assets	3%-0.8pp	3.3%-0.5pp	3.7%0.0pp	3.8%0.0pp	3.8%-0.1pp
Return on invested capital	6.1%-0.9pp	6.4%-0.4pp	6.9%+0.1pp	6.9%0.0pp	6.9%-0.3pp
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×-0.9×	113.8×-4.7×	119×-1.2×	122.3×+0.2×	126.6×+0.8×
Liquidity
Current ratio	1.8×+0.3×	1.8×-0.1×	0.8×-1.3×	1.4×-0.7×	1.5×-0.6×
Quick ratio	1.8×+0.3×	1.7×-0.1×	0.8×-1.3×	1.4×-0.7×	1.5×-0.6×
Cash ratio	1×+0.1×	1×-0.2×	0.4×-1.0×	0.8×-0.6×	0.9×-0.5×
Leverage
Debt-to-equity	35.6×+4.3×	35.3×+19.5×	37.7×+21.9×	36.2×+21.2×	31.3×+17.3×
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×+0.7×	7.6×+0.7×	7.2×+0.2×	7.2×+0.2×	7.1×+0.3×
Interest coverage	2.5×-0.5×	2.7×-0.3×	3×+0.1×	3×0.0×	3×-0.1×
Valuation
Market capitalization	$1.5B-35.1%	$1.48B-51.3%	$1.63B-58.4%	$1.89B-45.5%	$2.52B-38.7%
Enterprise value	$5.25B-12.4%	$5.27B-20.5%	$5.39B-27.7%	$5.65B-19.8%	$6.2B-18.7%
Price / earnings	10.1×-2.0×	9×-6.7×	8.7×-11.5×	9.8×-7.4×	13.1×-6.7×
Price / sales	0.7×-0.3×	0.7×-0.7×	0.7×-1.0×	0.8×-0.7×	1.1×-0.8×
Price / book	13×-4.8×	12.6×+0.9×	14.9×-0.2×	16.8×+4.1×	19.3×+5.4×
EV / EBITDA	10.9×-0.7×	10.6×-2.3×	10.4×-4.4×	10.8×-3.0×	12×-2.8×
EV / sales	2.4×-0.3×	2.4×-0.5×	2.4×-0.9×	2.5×-0.7×	2.8×-0.7×
Free cash flow yield	14.9%+4.2pp	16.4%+7.8pp	14.6%+7.4pp	13.6%+6.1pp	9.8%+2.4pp
Earnings yield	9.9%+1.6pp	11.1%+4.7pp	11.4%+6.5pp	10.2%+4.3pp	7.6%+2.6pp
Dividend yield	7.1%-1.6pp	8.7%+2.0pp	9.5%+4.2pp	9.4%+3.5pp	8%+3.0pp

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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.