The Wendy's Company Operating Margin History
WEN / Consumer Discretionary|10 years of SEC 10-K data (FY2016-FY2025)
15.8% in FY2025 with a 5-year CAGR of +0.3%. Top quartile in the Consumer Discretionary sector.
Declined from 17.5% to 15.8% over the past 2 years.
The Wendy's Company's operating margin of 15.8% is higher than 76% of companies in the Consumer Discretionary sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 15.4% in FY2019 to 21.9% in FY2016.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.78 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- -1.1pp
- 5-Year Change
- +0.3pp
- 10-Year Change
- -
Operating Margin Trend
Top 24% in Consumer DiscretionaryTop 24% of 185This company 15.8% Sector average 3.3%
▼
+373.1% above sector average
Key Insights
- In FY2025, operating margin decreased 4.5% year-over-year.
- Currently 12.4pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2016.
- Lowest operating margin in the period was in FY2019.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2025 | 15.8% | -4.5% |
| FY2024 | 16.5% | -5.6% |
| FY2023 | 17.5% | +3.9% |
| FY2022 | 16.9% | -12.8% |
| FY2021 | 19.3% | +24.5% |
| FY2020 | 15.5% | +1.1% |
| FY2019 | 15.4% | -2.3% |
| FY2018 | 15.7% | -10.4% |
| FY2017 | 17.5% | -20.0% |
| FY2016 | 21.9% | +49.4% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026