The Wendy’s Co (WEN)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 272,413 | 269,220 | 277,533 | 281,594 | 279,418 | 270,281 | 261,446 | 247,952 | 243,505 | 236,314 | 221,551 | 236,947 | 240,578 | 237,254 | 235,331 | 185,977 | 152,795 | 137,705 | 138,573 | 152,880 |
| Revenue (ttm) | US$ in thousands | 2,246,492 | 2,212,870 | 2,196,686 | 2,187,524 | 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 |
| Pretax margin | 12.13% | 12.17% | 12.63% | 12.87% | 12.81% | 12.41% | 12.11% | 11.61% | 11.62% | 11.63% | 11.25% | 12.31% | 12.68% | 12.50% | 12.52% | 10.40% | 8.81% | 8.16% | 8.29% | 8.96% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $272,413K ÷ $2,246,492K
= 12.13%
The pretax margin of The Wendy’s Co has shown a generally increasing trend over the period from March 31, 2020, to December 31, 2024. Starting at 8.96% in March 2020, the pretax margin improved to 12.13% by December 2024.
There were fluctuations in the pretax margin during this period, with some quarters showing slight decreases, such as in September 2020 and June 2022, while others demonstrated notable increases, such as in March 2021 and March 2024.
Overall, the pretax margin indicates the company's ability to generate profits before considering taxes, and the upward trend suggests an improvement in cost management, revenue generation, and overall efficiency in operations during the analyzed period.
Peer comparison
Dec 31, 2024