The Wendy's Company(WEN)Earnings, Financials & Key Ratios

WEN•NASDAQ

$6.65

$1.27B mkt cap·7.0× P/E·Price updated May 6, 2026

SectorConsumer Cyclical IndustryRestaurants Sub-IndustryQuick-Service Food Chains

AboutThe Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy's U.S., Wendy's International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 2, 2022, it operated approximately 403 company-operated restaurants; 5,535 franchised restaurants in the United States; and 1,006 franchised restaurants internationally. The company also owns and leases real estate properties. It owns 485 and leases 1,235 properties, which are leased or subleased to franchisees. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. The Wendy's Company was founded in 1969 and is headquartered in Dublin, Ohio.Show more

Revenue$2.25B+3.0%
EBITDA$529M-0.2%
Net Income$194M-4.9%
EPS (Diluted)0.95-2.1%
Gross Margin35.17%-1.2%
EBITDA Margin23.56%-3.1%
Operating Margin16.53%-5.6%
Net Margin8.65%-7.7%
ROE68.3%+29.5%
ROIC7.11%-1.5%
Debt/Equity15.78+18.1%
Interest Coverage3.00-2.6%

Technical→

WEN Key Insights

The Wendy's Company (WEN) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Excellent 3Y average ROE of 53.4%
✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 2.8% through buybacks

✗Weaknesses

✗High debt to equity ratio of 15.8x
✗Weak momentum: RS Rating 19 (bottom 19%)
✗Dividend payout exceeds 100% of earnings
✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

WEN Price & Volume

The Wendy's Company (WEN) stock price & volume — 10-year historical chart

Loading chart...

WEN Growth Metrics

The Wendy's Company (WEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.18%

5 Years5.62%

3 Years5.8%

TTM-1.7%

Profit CAGR

10 Years4.82%

5 Years7.25%

3 Years-1.01%

TTM-4.25%

EPS CAGR

10 Years11.5%

5 Years10.37%

3 Years2.2%

TTM-1.05%

Return on Capital

10 Years7.01%

5 Years7.3%

3 Years7.6%

Last Year7.87%

WEN Recent Earnings

The Wendy's Company (WEN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)

Q1 2026Latest

Feb 13, 2026

EPS

$0.16

Est $0.14

+14.3%

Revenue

$543M

Est $537M

+1.1%

Q4 2025

Nov 7, 2025

EPS

$0.24

Est $0.20

+20.0%

Revenue

$550M

Est $537M

+2.3%

Q3 2025

Aug 8, 2025

EPS

$0.29

Est $0.25

+16.0%

Revenue

$561M

Est $548M

+2.4%

Q2 2025

May 2, 2025

EPS

$0.20

Est $0.20

+0.0%

Revenue

$523M

Est $575M

-8.9%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 13, 2026	$0.16vs $0.14+14.3%	$543Mvs $537M+1.1%
Q4 2025	Nov 7, 2025	$0.24vs $0.20+20.0%	$550Mvs $537M+2.3%
Q3 2025	Aug 8, 2025	$0.29vs $0.25+16.0%	$561Mvs $548M+2.4%
Q2 2025	May 2, 2025	$0.20vs $0.20+0.0%	$523Mvs $575M-8.9%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
MCDMcDonald's CorporationDirect Competitor	202.32B	284.10	24.94	1.67%	32.04%		3.3%
QSRRestaurant Brands International Inc.Direct Competitor	25.3B	77.18	24.27	19.71%	9.95%	17.85%	5.15%	3.29
JACKJack in the Box Inc.Direct Competitor	261.07M	13.63	-3.24	-6.75%	-5.16%		28.4%
SHAKShake Shack Inc.Direct Competitor	3.89B	96.52	88.55	15.38%	3.16%	8.69%	1.45%	1.63
FRSHFreshworks Inc.Direct Competitor	2.58B	8.87	14.07	16.43%	20.69%	18.54%	9.5%	0.06
YUMYum! Brands, Inc.Product Competitor	43.13B	156.02	28.06	8.81%	20.48%		3.8%
CMGChipotle Mexican Grill, Inc.Product Competitor	42.6B	32.71	28.69	5.41%	11.96%	48.45%	3.4%	3.48
DPZDomino's Pizza, Inc.Product Competitor	10.92B	324.66	18.48	4.96%	11.89%		6.15%

Compare WEN vs Peers

The Wendy's Company (WEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MCD

Most directly comparable listed peer for WEN.

Scale Benchmark

vs SBUX

Larger-name benchmark to compare WEN against a more recognizable public peer.

Peer Set

Compare Top 5

vs MCD, QSR, JACK, SHAK

WEN Income Statement

The Wendy's Company (WEN) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Sales/Revenue	1.44B	1.22B	1.59B	1.71B	1.73B	1.9B	2.1B	2.18B	2.25B	2.21B
Revenue Growth %	-23.25%	-14.77%	29.96%	7.49%	1.45%	9.41%	10.46%	4.11%	2.98%	-1.7%
Cost of Goods Sold	826.72M	622.27M	986.76M	1.1B	1.11B	1.36B	1.37B	1.41B	1.46B	1.42B
COGS % of Revenue	57.59%	50.86%	62.06%	64.56%	64.16%	71.71%	65.6%	64.41%	64.83%	-
Gross Profit	608.69M▲ 0%	601.13M▼ 1.2%	603.17M▲ 0.3%	605.74M▲ 0.4%	621.48M▲ 2.6%	536.66M▼ 13.6%	720.76M▲ 34.3%	776.47M▲ 7.7%	790.01M▲ 1.7%	785.08M▲ 0%
Gross Margin %	42.41%	49.14%	37.94%	35.44%	35.84%	28.29%	34.4%	35.59%	35.17%	35.55%
Gross Profit Growth %	-4.66%	-1.24%	0.34%	0.43%	2.6%	-13.65%	34.31%	7.73%	1.74%	-
Operating Expenses	293.91M	386.38M	339.98M	343.16M	352.17M	169.7M	367.44M	394.48M	418.65M	414.08M
OpEx % of Revenue	20.48%	31.58%	21.38%	20.08%	20.31%	8.95%	17.53%	18.08%	18.64%	-
Selling, General & Admin	236.79M	203.59M	217.49M	200.21M	206.88M	81.4M	254.98M	249.96M	255.21M	295.82M
SG&A % of Revenue	16.5%	16.64%	13.68%	11.71%	11.93%	4.29%	12.17%	11.46%	11.36%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	57.13M	182.78M	122.49M	142.96M	145.3M	88.3M	112.46M	144.52M	163.44M	3M
Operating Income	314.78M▲ 0%	214.76M▼ 31.8%	249.89M▲ 16.4%	262.58M▲ 5.1%	269.31M▲ 2.6%	366.96M▲ 36.3%	353.31M▼ 3.7%	381.98M▲ 8.1%	371.36M▼ 2.8%	371M▲ 0%
Operating Margin %	21.93%	17.55%	15.72%	15.36%	15.53%	19.34%	16.86%	17.51%	16.53%	16.8%
Operating Income Growth %	14.69%	-31.78%	16.36%	5.08%	2.56%	36.26%	-3.72%	8.11%	-2.78%	-
EBITDA	439.08M	340.44M	378.77M	394.27M	402.08M	492.5M	489.12M	530.55M	529.29M	529.5M
EBITDA Margin %	30.59%	27.83%	23.82%	23.07%	23.19%	25.96%	23.34%	24.32%	23.56%	23.98%
EBITDA Growth %	2.54%	-22.46%	11.26%	4.09%	1.98%	22.49%	-0.69%	8.47%	-0.24%	0.04%
D&A (Non-Cash Add-back)	124.3M	125.69M	128.88M	131.69M	132.78M	125.54M	135.81M	148.57M	157.94M	158.51M
EBIT	316.49M	219.08M	694.53M	287.45M	270.53M	349.76M	365.82M	403.48M	396.29M	358.1M
Net Interest Income	-114.8M	-118.06M	-118.88M	-114.87M	-117.74M	-109.19M	-122.32M	-124.06M	-123.88M	-125.05M
Interest Income	0	0	736K	1.1M	0	0	0	0	0	0
Interest Expense	114.8M	118.06M	119.62M	115.97M	117.74M	109.19M	122.32M	124.06M	123.88M	125.05M
Other Income/Expense	-113.09M	-113.74M	325.02M	-91.1M	-116.51M	-126.38M	-109.81M	-102.57M	-98.95M	-106.46M
Pretax Income	201.69M▲ 0%	101.02M▼ 49.9%	574.92M▲ 469.1%	171.48M▼ 70.2%	152.79M▼ 10.9%	240.58M▲ 57.5%	243.5M▲ 1.2%	279.42M▲ 14.7%	272.41M▼ 2.5%	264.54M▲ 0%
Pretax Margin %	14.05%	8.26%	36.16%	10.03%	8.81%	12.68%	11.62%	12.81%	12.13%	11.98%
Income Tax	72.07M	-93.01M	114.8M	34.54M	34.96M	40.19M	66.14M	74.98M	78.06M	78.44M
Effective Tax Rate %	35.73%	-92.07%	19.97%	20.14%	22.88%	16.7%	27.16%	26.83%	28.65%	29.65%
Net Income	129.62M▲ 0%	194.03M▲ 49.7%	460.12M▲ 137.1%	136.94M▼ 70.2%	117.83M▼ 14.0%	200.39M▲ 70.1%	177.37M▼ 11.5%	204.44M▲ 15.3%	194.36M▼ 4.9%	186.09M▲ 0%
Net Margin %	9.03%	15.86%	28.94%	8.01%	6.8%	10.56%	8.46%	9.37%	8.65%	8.43%
Net Income Growth %	-19.56%	49.69%	137.14%	-70.24%	-13.95%	70.07%	-11.49%	15.26%	-4.93%	-4.25%
Net Income (Continuing)	129.62M	194.03M	460.12M	136.94M	117.83M	200.39M	177.37M	204.44M	194.36M	186.09M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.49▲ 0%	0.77▲ 57.1%	1.88▲ 144.2%	0.58▼ 69.1%	0.52▼ 10.3%	0.89▲ 71.2%	0.82▼ 7.9%	0.97▲ 18.3%	0.95▼ 2.1%	0.97▲ 0%
EPS Growth %	0%	57.14%	144.16%	-69.15%	-10.34%	71.15%	-7.87%	18.29%	-2.06%	-1.05%
EPS (Basic)	0.49	0.79	1.93	0.60	0.53	0.91	0.83	0.98	0.95	-
Diluted Shares Outstanding	266.71M	252.29M	244.96M	235.07M	228.01M	224.41M	215.84M	211.53M	205.61M	192.71M
Basic Shares Outstanding	262.21M	244.18M	237.8M	229.94M	223.68M	221.38M	213.77M	209.49M	204.35M	191.95M
Dividend Payout Ratio	49.24%	35.21%	17.5%	70.37%	55.05%	47.33%	60.2%	102.35%	105.19%	-

WEN Balance Sheet

The Wendy's Company (WEN) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Total Current Assets	452.53M	404.35M	665.72M	554.05M	687.62M	592.85M	1.06B	837.65M	736.14M	640.86M
Cash & Short-Term Investments	198.24M	171.45M	431.4M	300.19M	306.99M	249.44M	745.89M	516.04M	450.51M	291.41M
Cash Only	198.24M	171.45M	431.4M	300.19M	306.99M	249.44M	745.89M	516.04M	450.51M	291.41M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	98.83M	114.39M	109.81M	117.46M	173.14M	119.54M	186.85M	121.68M	99.93M	128.46M
Days Sales Outstanding	25.13	34.13	25.21	25.09	36.45	23	32.55	20.36	16.24	18.43
Inventory	2.85M	3.16M	3.69M	3.89M	4.73M	5.93M	7.13M	6.69M	6.53M	6.93M
Days Inventory Outstanding	1.26	1.85	1.36	1.29	1.55	1.59	1.89	1.74	1.64	1.67
Other Current Assets	133.37M	95.23M	106.37M	116.92M	113.03M	187.35M	188.84M	193.24M	179.17M	214.05M
Total Non-Current Assets	3.49B	3.69B	3.63B	4.44B	4.35B	4.51B	4.44B	4.35B	4.3B	4.34B
Property, Plant & Equipment	1.19B	1.26B	1.21B	2.03B	1.94B	1.96B	1.88B	1.83B	1.83B	963.04M
Fixed Asset Turnover	1.20x	0.97x	1.31x	0.84x	0.89x	0.97x	1.11x	1.19x	1.23x	1.37x
Goodwill	741.41M	743.33M	747.88M	755.91M	751.05M	775.28M	773.09M	773.73M	771.47M	774.78M
Intangible Assets	1.32B	1.32B	1.29B	1.25B	1.22B	1.28B	1.25B	1.22B	1.19B	1.18B
Long-Term Investments	56.98M	285.09M	274.14M	302.56M	312.8M	349.58M	363.37M	348.11M	317.05M	969.38M
Other Non-Current Assets	-272.99M	-219.54M	-172.25M	-170.3M	-160.7M	139.13M	-99.46M	178.58M	-235.48M	1.54B
Total Assets	3.94B▲ 0%	4.1B▲ 4.0%	4.29B▲ 4.8%	4.99B▲ 16.4%	5.04B▲ 0.9%	5.1B▲ 1.2%	5.5B▲ 7.8%	5.18B▼ 5.8%	5.03B▼ 2.9%	4.98B▲ 0%
Asset Turnover	0.36x	0.30x	0.37x	0.34x	0.34x	0.37x	0.38x	0.42x	0.45x	0.45x
Asset Growth %	-4.12%	4%	4.76%	16.37%	0.91%	1.22%	7.8%	-5.76%	-2.86%	-13.79%
Total Current Liabilities	230.08M	227.16M	284.19M	349.7M	413.31M	426.93M	388M	381.93M	397.63M	793.73M
Accounts Payable	27.64M	22.76M	21.74M	22.7M	31.06M	41.16M	44M	27.37M	28.45M	27.2M
Days Payables Outstanding	12.2	13.35	8.04	7.51	10.19	11.04	11.68	7.11	7.13	6.87
Short-Term Debt	24.65M	30.17M	23.25M	22.75M	28.96M	24.25M	29.25M	29.25M	78.16M	502.48M
Deferred Revenue (Current)	68.78M	111.62M	150.64M	270.76M	155.32M	0	8.98M	0	11.02M	33.58M
Other Current Liabilities	40.22M	-6.86M	21.7M	-45.22M	69.08M	270.54M	169.93M	227.57M	133.6M	175.35M
Current Ratio	1.97x	1.78x	2.34x	1.58x	1.66x	1.39x	2.73x	2.19x	1.85x	1.85x
Quick Ratio	1.95x	1.77x	2.33x	1.57x	1.65x	1.37x	2.71x	2.18x	1.83x	1.83x
Cash Conversion Cycle	14.19	22.63	18.53	18.86	27.81	13.55	22.76	14.99	10.74	13.22
Total Non-Current Liabilities	3.18B	3.3B	3.36B	4.13B	4.08B	4.24B	4.65B	4.49B	4.38B	4.07B
Long-Term Debt	2.49B	2.72B	2.31B	2.26B	2.22B	2.36B	2.82B	2.73B	2.66B	2.3B
Capital Lease Obligations	0	0	447.23M	1.38B	1.37B	1.41B	1.36B	1.31B	1.28B	5.15B
Deferred Tax Liabilities	446.51M	299.05M	269.16M	270.76M	280.75M	267.71M	270.42M	270.35M	263.42M	1.08B
Other Non-Current Liabilities	247.35M	262.41M	245.23M	129.78M	117.69M	201.02M	98.85M	89.71M	84.23M	586.02M
Total Liabilities	3.41B	3.52B	3.64B	4.48B	4.49B	4.66B	5.03B	4.87B	4.78B	4.87B
Total Debt	2.51B	2.75B	2.78B	3.71B	3.68B	3.86B	4.28B	4.14B	4.09B	4.12B
Net Debt	2.31B	2.58B	2.35B	3.41B	3.37B	3.61B	3.54B	3.62B	3.64B	3.83B
Debt / Equity	4.76x	4.81x	4.29x	7.19x	6.69x	8.84x	9.19x	13.36x	15.78x	15.78x
Debt / EBITDA	5.72x	8.09x	7.35x	9.42x	9.14x	7.83x	8.75x	7.80x	7.73x	7.78x
Net Debt / EBITDA	5.27x	7.59x	6.21x	8.66x	8.38x	7.32x	7.23x	6.83x	6.88x	6.88x
Interest Coverage	2.74x	1.82x	2.09x	2.26x	2.29x	3.36x	2.89x	3.08x	3.00x	2.86x
Total Equity	527.74M▲ 0%	573.2M▲ 8.6%	648.45M▲ 13.1%	516.36M▼ 20.4%	549.6M▲ 6.4%	436.4M▼ 20.6%	465.72M▲ 6.7%	309.78M▼ 33.5%	259.35M▼ 16.3%	109.19M▲ 0%
Equity Growth %	-29.91%	8.62%	13.13%	-20.37%	6.44%	-20.6%	6.72%	-33.48%	-16.28%	-188.67%
Book Value per Share	1.98	2.27	2.65	2.20	2.41	1.94	2.16	1.46	1.26	0.57
Total Shareholders' Equity	527.74M	573.2M	648.45M	516.36M	549.6M	436.4M	465.72M	309.78M	259.35M	109.19M
Common Stock	47.04M	47.04M	47.04M	47.04M	47.04M	47.04M	47.04M	47.04M	47.04M	47.04M
Retained Earnings	-290.86M	-163.29M	146.28M	185.72M	238.67M	344.2M	414.75M	409.86M	399.7M	435.29M
Treasury Stock	-2.04B	-2.15B	-2.37B	-2.54B	-2.59B	-2.81B	-2.87B	-3.05B	-3.09B	-3.29B
Accumulated OCI	-63.24M	-46.2M	-61.67M	-53.83M	-49.64M	-48.2M	-64.18M	-58.38M	-74.75M	-67.44M
Minority Interest	0	0	0	0	0	0	0	0	0	0

WEN Cash Flow Statement

The Wendy's Company (WEN) cash flow — operating, investing & free cash flow history

Line item	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	TTM
Cash from Operations	193.82M	238.79M	224.23M	288.93M	284.36M	345.77M	259.9M	345.42M	355.31M	355.31M
Operating CF Margin %	13.5%	19.52%	14.1%	16.91%	16.4%	18.23%	12.4%	15.83%	15.82%	-
Operating CF Growth %	-29.34%	23.2%	-6.1%	28.86%	-1.58%	21.6%	-24.83%	32.9%	2.86%	0.62%
Net Income	129.62M	194.03M	460.12M	136.94M	117.83M	200.39M	177.37M	204.44M	194.36M	186.09M
Depreciation & Amortization	124.3M	125.69M	128.88M	131.69M	132.78M	125.54M	135.81M	148.57M	157.94M	149.22M
Stock-Based Compensation	18.14M	20.93M	17.92M	18.68M	18.93M	22.02M	24.54M	23.75M	23.02M	14.3M
Deferred Taxes	-14.21M	-119.33M	-6.57M	837K	10.27M	-13.78M	4.3M	-807K	-5.53M	21.74M
Other Non-Cash Items	-44.21M	48.15M	-433.5M	-17.78M	-2.02M	-19M	-37.01M	-7.65M	6.91M	24.94M
Working Capital Changes	-19.82M	-30.67M	57.39M	18.57M	6.58M	30.6M	-45.11M	-22.88M	-21.38M	-52.41M
Change in Receivables	-34.21M	-17.34M	13.23M	16.93M	-16.24M	-5.61M	-5.86M	430K	-5.16M	0
Change in Inventory	34K	-305K	-434K	-163K	-841K	-872K	-1.2M	439K	138K	0
Change in Payables	-6.63M	-2.29M	-145K	1.05M	1.62M	7.59M	-1.53M	-8.83M	1.03M	0
Cash from Investing	107.08M	-92.25M	362.91M	-54.93M	-68.25M	-154.67M	-77.78M	-86.55M	-129.31M	-161.07M
Capital Expenditures	-150.02M	-81.71M	-69.86M	-74.45M	-68.97M	-77.98M	-85.54M	-85.02M	-94.39M	-106.07M
CapEx % of Revenue	10.45%	6.68%	4.39%	4.36%	3.98%	4.11%	4.08%	3.9%	4.2%	-
Acquisitions	259.96M	-5.27M	-18.18M	-1.6M	1.21M	-67.95M	8.24M	2.12M	0	1.72M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-3.58M	-9M	959K	-77.82M	-69.63M	1.2M	3.14M	-3.67M	-34.92M	-56.72M
Cash from Financing	-412.06M	-215.8M	-305.76M	-365.3M	-157.91M	-242.74M	288.67M	-504.3M	-303.1M	-382.16M
Debt Issued (Net)	-24.62M	-26.98M	34.77M	-56.63M	-46.53M	116.02M	455.94M	-116.29M	-49.65M	-37.3M
Equity Issued (Net)	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-4M
Dividends Paid	-63.83M	-68.32M	-80.53M	-96.36M	-64.87M	-94.85M	-106.78M	-209.25M	-204.44M	-153.99M
Share Repurchases	-336.96M	-126.23M	-269.81M	-217.8M	-62.17M	-268.53M	-51.95M	-189.55M	-77.38M	-218.09M
Other Financing	13.35M	5.74M	9.81M	5.5M	-7.7M	4.62M	-8.54M	10.79M	28.37M	26.73M
Net Change in Cash	-109.03M▲ 0%	-63.13M▲ 42.1%	273.69M▲ 533.6%	-127.81M▼ 146.7%	59.53M▲ 146.6%	-51.27M▼ 186.1%	464.83M▲ 1006.6%	-242.99M▼ 152.3%	-85.21M▲ 64.9%	-202.51M▲ 0%
Free Cash Flow	43.8M▲ 0%	157.08M▲ 258.6%	154.37M▼ 1.7%	214.48M▲ 38.9%	215.39M▲ 0.4%	267.79M▲ 24.3%	174.36M▼ 34.9%	260.39M▲ 49.3%	260.92M▲ 0.2%	237.82M▲ 0%
FCF Margin %	3.05%	12.84%	9.71%	12.55%	12.42%	14.12%	8.32%	11.94%	11.61%	10.77%
FCF Growth %	93.03%	258.62%	-1.73%	38.94%	0.43%	24.33%	-34.89%	49.34%	0.2%	-8.85%
FCF per Share	0.16	0.62	0.63	0.91	0.94	1.19	0.81	1.23	1.27	1.27
FCF Conversion (FCF/Net Income)	1.50x	1.23x	0.49x	2.11x	2.41x	1.73x	1.47x	1.69x	1.83x	1.28x
Interest Paid	117.58M	128.99M	137.61M	138.27M	136.23M	133.28M	144.42M	146.88M	145.25M	0
Taxes Paid	77.62M	29.31M	102.83M	34.8M	16.2M	54.78M	47.77M	75.19M	73.6M	0

WEN Key Ratios

The Wendy's Company (WEN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	TTM
Return on Equity (ROE)	20.24%	35.25%	75.33%	23.51%	22.11%	40.65%	39.32%	52.72%	68.3%	170.42%
Return on Invested Capital (ROIC)	8.29%	5.37%	6.09%	5.68%	5.15%	6.91%	6.59%	7.22%	7.11%	7.11%
Gross Margin	42.41%	49.14%	37.94%	35.44%	35.84%	28.29%	34.4%	35.59%	35.17%	35.55%
Net Margin	9.03%	15.86%	28.94%	8.01%	6.8%	10.56%	8.46%	9.37%	8.65%	8.43%
Debt / Equity	4.76x	4.81x	4.29x	7.19x	6.69x	8.84x	9.19x	13.36x	15.78x	15.78x
Interest Coverage	2.74x	1.82x	2.09x	2.26x	2.29x	3.36x	2.89x	3.08x	3.00x	2.86x
FCF Conversion	1.50x	1.23x	0.49x	2.11x	2.41x	1.73x	1.47x	1.69x	1.83x	1.28x
Revenue Growth	-23.25%	-14.77%	29.96%	7.49%	1.45%	9.41%	10.46%	4.11%	2.98%	-1.7%

WEN SEC Filings & Documents

The Wendy's Company (WEN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Feb 18, 2026·SEC

Material company update

Feb 13, 2026·SEC

Material company update

Jan 22, 2026·SEC

10-K Annual Reports

FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 21, 2025·SEC

10-Q Quarterly Reports

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 2, 2025·SEC

WEN Frequently Asked Questions

The Wendy's Company (WEN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

The Wendy's Company (WEN) reported $2.21B in revenue for fiscal year 2024. This represents a 103% increase from $1.09B in 1995.

The Wendy's Company (WEN) grew revenue by 3.0% over the past year. Growth has been modest.

Yes, The Wendy's Company (WEN) is profitable, generating $186.1M in net income for fiscal year 2024 (8.7% net margin).

Dividend & Returns

Yes, The Wendy's Company (WEN) pays a dividend with a yield of 14.95%. This makes it attractive for income-focused investors.

The Wendy's Company (WEN) has a return on equity (ROE) of 68.3%. This is excellent, indicating efficient use of shareholder capital.

The Wendy's Company (WEN) generated $237.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More WEN

The Wendy's Company (WEN) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→

The Wendy's Company(WEN)Earnings, Financials & Key Ratios

WEN Key Insights

✓Strengths

✗Weaknesses

WEN Price & Volume

WEN Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

WEN Recent Earnings

WEN Peer Comparison

Compare WEN vs Peers

vs MCD

vs SBUX

Compare Top 5

WEN Income Statement

WEN Balance Sheet

WEN Cash Flow Statement

WEN Key Ratios

WEN SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

WEN Frequently Asked Questions

Explore More WEN

Total Return Calculator

DCA Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Valuation