The Wendy’s Co (WEN)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 204,440 | 198,777 | 191,270 | 179,789 | 177,370 | 188,226 | 178,855 | 196,428 | 200,392 | 186,995 | 185,577 | 144,757 | 117,832 | 105,631 | 112,005 | 119,487 | 136,940 | 129,238 | 474,360 | 471,850 |
| Revenue (ttm) | US$ in thousands | 2,181,578 | 2,177,437 | 2,159,451 | 2,135,669 | 2,095,505 | 2,032,198 | 1,969,884 | 1,925,438 | 1,896,998 | 1,898,112 | 1,880,099 | 1,789,068 | 1,733,825 | 1,686,699 | 1,672,337 | 1,705,379 | 1,709,002 | 1,679,631 | 1,642,301 | 1,617,955 |
| Net profit margin | 9.37% | 9.13% | 8.86% | 8.42% | 8.46% | 9.26% | 9.08% | 10.20% | 10.56% | 9.85% | 9.87% | 8.09% | 6.80% | 6.26% | 6.70% | 7.01% | 8.01% | 7.69% | 28.88% | 29.16% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $204,440K ÷ $2,181,578K
= 9.37%
The net profit margin of Wendy's Co has been relatively stable over the past eight quarters, ranging from 8.42% to 9.37%. The trend indicates that the company has been able to maintain a healthy level of profitability compared to its revenue. Despite some fluctuations, the net profit margin has generally been above 8%, which suggests that Wendy's Co is effectively managing its expenses and generating decent profits from its operations.
It is worth noting that the net profit margin was slightly higher in Q1 2022 at 10.20%, which may have been influenced by various factors such as cost control measures or revenue growth during that period. Overall, Wendy's Co's consistent performance in terms of net profit margin indicates a solid financial position and efficient operational management.
Peer comparison
Dec 31, 2023