The Wendy’s Co (WEN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 790,011 | 776,468 | 720,757 | 698,256 | 621,481 |
| Revenue | US$ in thousands | 2,246,490 | 2,181,580 | 2,095,500 | 1,897,000 | 1,733,820 |
| Gross profit margin | 35.17% | 35.59% | 34.40% | 36.81% | 35.84% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $790,011K ÷ $2,246,490K
= 35.17%
The gross profit margin of The Wendy's Co has shown variability over the past five years. In December 2020, the gross profit margin stood at 35.84%, which increased slightly to 36.81% by December 2021. However, there was a decrease in the margin to 34.40% by December 2022. The margin then improved to 35.59% in December 2023 and slightly dipped to 35.17% by December 2024. Overall, the company has maintained a relatively stable gross profit margin range, indicating that it has been able to effectively manage its cost of goods sold relative to its revenue during the period under consideration.
Peer comparison
Dec 31, 2024