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The Wendy's Company(WEN)Earnings, Financials & Key Ratios
WEN•NASDAQ
8.0× P/E·Price updated Jun 19, 2026
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$2.18B-3.1%
- EBITDA$503M-4.9%
- Net Income$165M-15.1%
- EPS (Diluted)0.85-10.5%
- Gross Margin26.87%-23.6%
- EBITDA Margin23.11%-1.9%
- Operating Margin15.27%-7.7%
- Net Margin7.58%-12.4%
- ROE87.63%+28.3%
WEN Key Insights
The Wendy's Company (WEN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 69.6%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Share count reduced 5.6% through buybacks
✗Weaknesses
- ✗High debt to equity ratio of 35.3x
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 11.2x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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WEN Price & Volume
The Wendy's Company (WEN) stock price & volume — 10-year historical chart
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WEN Growth Metrics
The Wendy's Company (WEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.53%
5 Years4.66%
3 Years1.28%
TTM-1.84%
Profit CAGR
10 Years0.24%
5 Years6.98%
3 Years-2.37%
TTM-10.51%
EPS CAGR
10 Years5.66%
5 Years10.33%
3 Years1.2%
TTM-4.26%
Return on Capital
10 Years7.01%
5 Years7.58%
3 Years7.59%
Last Year7.19%
WEN Recent Earnings
The Wendy's Company (WEN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.12+20.0%
$0.10
Rev
$541M+4.4%
$518M
Q1 2026
Feb 13, 2026Metric
Actual
Est
EPS
$0.16+14.3%
$0.14
Rev
$543M+1.1%
$537M
Q4 2025
Nov 7, 2025Metric
Actual
Est
EPS
$0.24+20.0%
$0.20
Rev
$550M+2.3%
$537M
Q3 2025
Aug 8, 2025Metric
Actual
Est
EPS
$0.29+16.0%
$0.25
Rev
$561M+2.4%
$548M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.12vs $0.10+20.0% | $541Mvs $518M+4.4% |
| Q1 2026 | 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% |
Based on last 12 quarters of dataView full earnings history →
WEN Peer Comparison
The Wendy's Company (WEN) competitors in Quick-Service Food Chains — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MCD | 197.95B | 278.61 | 23.31 | 3.72% | 31.62% | |||
 QSR | 25.45B | 73.44 | 31.25 | 12.23% | 9.96% | 18.45% | 3.41 | |
 JACK | 244.14M | 12.80 | -3.04 | -6.75% | 2.82% | |||
 SHAK | 2.38B | 59.08 | 54.20 | 15.38% | 2.76% | 7.62% | 1.63 | |
 FRSH | 2.45B | 8.86 | 14.06 | 16.43% | 20.69% | 18.54% | 0.06 | |
 YUM | 42.01B | 151.99 | 27.34 | 8.81% | 20.48% | |||
 CMG | 42.31B | 32.49 | 28.50 | 5.41% | 11.96% | 48.45% | 3.48 | |
 DPZ | 10.51B | 312.47 | 17.78 | 4.96% | 11.89% |
Compare WEN vs Peers
The Wendy's Company (WEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WEN Income Statement
The Wendy's Company (WEN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Jan'21 | Jan'22 | Jan'23 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 1.22B | 1.59B | 1.71B | 1.73B | 1.9B | 2.1B | 2.18B | 2.25B | 2.18B | 2.19B |
Revenue Growth % | -14.77% | 29.96% | 7.49% | 1.45% | 9.41% | 10.46% | 4.11% | 2.98% | -3.1% | -1.84% |
Cost of Goods Sold | 622.27M | 986.76M | 1.1B | 1.11B | 1.36B | 1.37B | 1.41B | 1.46B | 1.59B | 1.62B |
COGS % of Revenue | 50.86% | 62.06% | 64.56% | 64.16% | 71.71% | 65.6% | 64.41% | 64.83% | 73.13% | - |
Gross Profit | 601.13M▲ 0% | 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% | 585M▼ 26.0% | 576.85M▲ 0% |
Gross Margin % | 49.14% | 37.94% | 35.44% | 35.84% | 28.29% | 34.4% | 35.59% | 35.17% | 26.87% | 26.29% |
Gross Profit Growth % | -1.24% | 0.34% | 0.43% | 2.6% | -13.65% | 34.31% | 7.73% | 1.74% | -25.95% | - |
Operating Expenses | 386.38M | 339.98M | 343.16M | 352.17M | 169.7M | 367.44M | 394.48M | 418.65M | 252.68M | 260.01M |
OpEx % of Revenue | 31.58% | 21.38% | 20.08% | 20.31% | 8.95% | 17.53% | 18.08% | 18.64% | 11.61% | - |
Selling, General & Admin | 203.59M | 217.49M | 200.21M | 206.88M | 81.4M | 254.98M | 249.96M | 255.21M | 252.68M | 220.43M |
SG&A % of Revenue | 16.64% | 13.68% | 11.71% | 11.93% | 4.29% | 12.17% | 11.46% | 11.36% | 11.61% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 182.78M | 122.49M | 142.96M | 145.3M | 88.3M | 112.46M | 144.52M | 163.44M | 0 | 1000K |
Operating Income | 214.76M▲ 0% | 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% | 332.32M▼ 10.5% | 316.84M▲ 0% |
Operating Margin % | 17.55% | 15.72% | 15.36% | 15.53% | 19.34% | 16.86% | 17.51% | 16.53% | 15.27% | 14.44% |
Operating Income Growth % | -31.78% | 16.36% | 5.08% | 2.56% | 36.26% | -3.72% | 8.11% | -2.78% | -10.51% | - |
EBITDA | 340.44M | 378.77M | 394.27M | 402.08M | 492.5M | 489.12M | 530.55M | 529.29M | 503.19M | 492.33M |
EBITDA Margin % | 27.83% | 23.82% | 23.07% | 23.19% | 25.96% | 23.34% | 24.32% | 23.56% | 23.11% | 22.44% |
EBITDA Growth % | -22.46% | 11.26% | 4.09% | 1.98% | 22.49% | -0.69% | 8.47% | -0.24% | -4.93% | -6.89% |
D&A (Non-Cash Add-back) | 125.69M | 128.88M | 131.69M | 132.78M | 125.54M | 135.81M | 148.57M | 157.94M | 170.87M | 175.49M |
EBIT | 219.08M | 694.53M | 287.45M | 270.53M | 349.76M | 365.82M | 403.48M | 396.29M | 353.71M | 327.94M |
Net Interest Income | -118.06M | -118.88M | -114.87M | -117.74M | -109.19M | -122.32M | -124.06M | -123.88M | -124.75M | -60.88M |
Interest Income | 0 | 736K | 1.1M | 0 | 0 | 0 | 0 | 0 | 1.72M | 0 |
Interest Expense | 118.06M | 119.62M | 115.97M | 117.74M | 109.19M | 122.32M | 124.06M | 123.88M | 126.47M | 60.88M |
Other Income/Expense | -113.74M | 325.02M | -91.1M | -116.51M | -126.38M | -109.81M | -102.57M | -98.95M | -105.07M | -110.35M |
Pretax Income | 101.02M▲ 0% | 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% | 227.25M▼ 16.6% | 206.49M▲ 0% |
Pretax Margin % | 8.26% | 36.16% | 10.03% | 8.81% | 12.68% | 11.62% | 12.81% | 12.13% | 10.44% | 9.41% |
Income Tax | -93.01M | 114.8M | 34.54M | 34.96M | 40.19M | 66.14M | 74.98M | 78.06M | 62.17M | 35.03M |
Effective Tax Rate % | -92.07% | 19.97% | 20.14% | 22.88% | 16.7% | 27.16% | 26.83% | 28.65% | 27.36% | 16.97% |
Net Income | 194.03M▲ 0% | 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% | 165.07M▼ 15.1% | 171.46M▲ 0% |
Net Margin % | 15.86% | 28.94% | 8.01% | 6.8% | 10.56% | 8.46% | 9.37% | 8.65% | 7.58% | 7.81% |
Net Income Growth % | 49.69% | 137.14% | -70.24% | -13.95% | 70.07% | -11.49% | 15.26% | -4.93% | -15.07% | -10.51% |
Net Income (Continuing) | 194.03M | 460.12M | 136.94M | 117.83M | 200.39M | 177.37M | 204.44M | 194.36M | 165.07M | 171.46M |
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) | 0.77▲ 0% | 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% | 0.85▼ 10.5% | 0.90▲ 0% |
EPS Growth % | 57.14% | 144.16% | -69.15% | -10.34% | 71.15% | -7.87% | 18.29% | -2.06% | -10.53% | -4.26% |
EPS (Basic) | 0.79 | 1.93 | 0.60 | 0.53 | 0.91 | 0.83 | 0.98 | 0.95 | 0.85 | - |
Diluted Shares Outstanding | 252.29M | 244.96M | 235.07M | 228.01M | 224.41M | 215.84M | 211.53M | 205.61M | 194.03M | 190.54M |
Basic Shares Outstanding | 244.18M | 237.8M | 229.94M | 223.68M | 221.38M | 213.77M | 209.49M | 204.35M | 194.21M | 190.24M |
Dividend Payout Ratio | 35.21% | 17.5% | 70.37% | 55.05% | 47.33% | 60.2% | 102.35% | 105.19% | 78.5% | - |
WEN Balance Sheet
The Wendy's Company (WEN) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Jan'21 | Jan'22 | Jan'23 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 404.35M | 665.72M | 554.05M | 687.62M | 592.85M | 1.06B | 837.65M | 736.14M | 618.04M | 652.26M |
Cash & Short-Term Investments | 171.45M | 431.4M | 300.19M | 306.99M | 249.44M | 745.89M | 516.04M | 450.51M | 300.83M | 447.18M |
Cash Only | 171.45M | 431.4M | 300.19M | 306.99M | 249.44M | 745.89M | 516.04M | 450.51M | 300.83M | 447.18M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 114.39M | 109.81M | 117.46M | 173.14M | 119.54M | 186.85M | 121.68M | 99.93M | 117.33M | 125.06M |
Days Sales Outstanding | 34.13 | 25.21 | 25.09 | 36.45 | 23 | 32.55 | 20.36 | 16.24 | 19.67 | 20.21 |
Inventory | 3.16M | 3.69M | 3.89M | 4.73M | 5.93M | 7.13M | 6.69M | 6.53M | 7.39M | 6.6M |
Days Inventory Outstanding | 1.85 | 1.36 | 1.29 | 1.55 | 1.59 | 1.89 | 1.74 | 1.64 | 1.69 | 1.54 |
Other Current Assets | 95.23M | 106.37M | 116.92M | 113.03M | 187.35M | 188.84M | 193.24M | 179.17M | 137.07M | 73.42M |
Total Non-Current Assets | 3.69B | 3.63B | 4.44B | 4.35B | 4.51B | 4.44B | 4.35B | 4.3B | 4.34B | 4.27B |
Property, Plant & Equipment | 1.26B | 1.21B | 2.03B | 1.94B | 1.96B | 1.88B | 1.83B | 1.83B | 1.89B | 1.85B |
Fixed Asset Turnover | 0.97x | 1.31x | 0.84x | 0.89x | 0.97x | 1.11x | 1.19x | 1.23x | 1.15x | 1.57x |
Goodwill | 743.33M | 747.88M | 755.91M | 751.05M | 775.28M | 773.09M | 773.73M | 771.47M | 774.09M | 773.71M |
Intangible Assets | 1.32B | 1.29B | 1.25B | 1.22B | 1.28B | 1.25B | 1.22B | 1.19B | 1.17B | 1.16B |
Long-Term Investments | 285.09M | 274.14M | 302.56M | 312.8M | 349.58M | 363.37M | 348.11M | 317.05M | 310.12M | 953.91M |
Other Non-Current Assets | -219.54M | -172.25M | -170.3M | -160.7M | 139.13M | -99.46M | 178.58M | -235.48M | 190.42M | 190.69M |
Total Assets | 4.1B▲ 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% | 4.96B▼ 1.6% | 4.92B▲ 0% |
Asset Turnover | 0.30x | 0.37x | 0.34x | 0.34x | 0.37x | 0.38x | 0.42x | 0.45x | 0.44x | 0.44x |
Asset Growth % | 4% | 4.76% | 16.37% | 0.91% | 1.22% | 7.8% | -5.76% | -2.86% | -1.55% | -7.18% |
Total Current Liabilities | 227.16M | 284.19M | 349.7M | 413.31M | 426.93M | 388M | 381.93M | 397.63M | 351.1M | 356.16M |
Accounts Payable | 22.76M | 21.74M | 22.7M | 31.06M | 41.16M | 44M | 27.37M | 28.45M | 30.45M | 23.6M |
Days Payables Outstanding | 13.35 | 8.04 | 7.51 | 10.19 | 11.04 | 11.68 | 7.11 | 7.13 | 6.98 | 6.09 |
Short-Term Debt | 30.17M | 23.25M | 22.75M | 28.96M | 24.25M | 29.25M | 29.25M | 78.16M | 29.75M | 109.4M |
Deferred Revenue (Current) | 111.62M | 150.64M | 270.76M | 155.32M | 0 | 8.98M | 0 | 11.02M | 0 | 32.31M |
Other Current Liabilities | -6.86M | 21.7M | -45.22M | 69.08M | 270.54M | 169.93M | 227.57M | 133.6M | 96.45M | 213.4M |
Current Ratio | 1.78x | 2.34x | 1.58x | 1.66x | 1.39x | 2.73x | 2.19x | 1.85x | 1.76x | 1.83x |
Quick Ratio | 1.77x | 2.33x | 1.57x | 1.65x | 1.37x | 2.71x | 2.18x | 1.83x | 1.74x | 1.81x |
Cash Conversion Cycle | 22.63 | 18.53 | 18.86 | 27.81 | 13.55 | 22.76 | 14.99 | 10.74 | 14.39 | 15.66 |
Total Non-Current Liabilities | 3.3B | 3.36B | 4.13B | 4.08B | 4.24B | 4.65B | 4.49B | 4.38B | 4.49B | 4.45B |
Long-Term Debt | 2.72B | 2.31B | 2.26B | 2.22B | 2.36B | 2.82B | 2.73B | 2.66B | 2.73B | 2.72B |
Capital Lease Obligations | 0 | 447.23M | 1.38B | 1.37B | 1.41B | 1.36B | 1.31B | 1.28B | 1.31B | 5.19B |
Deferred Tax Liabilities | 299.05M | 269.16M | 270.76M | 280.75M | 267.71M | 270.42M | 270.35M | 263.42M | 287.75M | 1.13B |
Other Non-Current Liabilities | 262.41M | 245.23M | 129.78M | 117.69M | 201.02M | 98.85M | 89.71M | 84.23M | 162.85M | 72.8M |
Total Liabilities | 3.52B | 3.64B | 4.48B | 4.49B | 4.66B | 5.03B | 4.87B | 4.78B | 4.84B | 4.81B |
Total Debt | 2.75B | 2.78B | 3.71B | 3.68B | 3.86B | 4.28B | 4.14B | 4.09B | 4.15B | 4.12B |
Net Debt | 2.58B | 2.35B | 3.41B | 3.37B | 3.61B | 3.54B | 3.62B | 3.64B | 3.84B | 3.67B |
Debt / Equity | 4.81x | 4.29x | 7.19x | 6.69x | 8.84x | 9.19x | 13.36x | 15.78x | 35.31x | 35.63x |
Debt / EBITDA | 8.09x | 7.35x | 9.42x | 9.14x | 7.83x | 8.75x | 7.80x | 7.73x | 8.24x | 8.36x |
Net Debt / EBITDA | 7.59x | 6.21x | 8.66x | 8.38x | 7.32x | 7.23x | 6.83x | 6.88x | 7.64x | 7.45x |
Interest Coverage | 1.86x | 5.81x | 2.48x | 2.30x | 3.20x | 2.99x | 3.25x | 3.20x | 2.80x | 5.39x |
Total Equity | 573.2M▲ 0% | 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% | 117.38M▼ 54.7% | 115.55M▲ 0% |
Equity Growth % | 8.62% | 13.13% | -20.37% | 6.44% | -20.6% | 6.72% | -33.48% | -16.28% | -54.74% | -182.76% |
Book Value per Share | 2.27 | 2.65 | 2.20 | 2.41 | 1.94 | 2.16 | 1.46 | 1.26 | 0.60 | 0.61 |
Total Shareholders' Equity | 573.2M | 648.45M | 516.36M | 549.6M | 436.4M | 465.72M | 309.78M | 259.35M | 117.38M | 115.55M |
Common Stock | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M |
Retained Earnings | -163.29M | 146.28M | 185.72M | 238.67M | 344.2M | 414.75M | 409.86M | 399.7M | 435.12M | 431.17M |
Treasury Stock | -2.15B | -2.37B | -2.54B | -2.59B | -2.81B | -2.87B | -3.05B | -3.09B | -3.29B | -3.29B |
Accumulated OCI | -46.2M | -61.67M | -53.83M | -49.64M | -48.2M | -64.18M | -58.38M | -74.75M | -63.97M | -66.76M |
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
| Metric | Dec'17 | Dec'18 | Dec'19 | Jan'21 | Jan'22 | Jan'23 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 238.79M | 224.23M | 288.93M | 284.36M | 345.77M | 259.9M | 345.42M | 355.31M | 344.54M | 318.52M |
Operating CF Margin % | 19.52% | 14.1% | 16.91% | 16.4% | 18.23% | 12.4% | 15.83% | 15.82% | 15.83% | - |
Operating CF Growth % | 23.2% | -6.1% | 28.86% | -1.58% | 21.6% | -24.83% | 32.9% | 2.86% | -3.03% | -4.75% |
Net Income | 194.03M | 460.12M | 136.94M | 117.83M | 200.39M | 177.37M | 204.44M | 194.36M | 165.07M | 171.46M |
Depreciation & Amortization | 125.69M | 128.88M | 131.69M | 132.78M | 125.54M | 135.81M | 148.57M | 157.94M | 170.87M | 162.04M |
Stock-Based Compensation | 20.93M | 17.92M | 18.68M | 18.93M | 22.02M | 24.54M | 23.75M | 23.02M | 14.57M | 14.24M |
Deferred Taxes | -119.33M | -6.57M | 837K | 10.27M | -13.78M | 4.3M | -807K | -5.53M | 0 | 27.46M |
Other Non-Cash Items | 48.15M | -433.5M | -17.78M | -2.02M | -19M | -37.01M | -7.65M | 6.91M | 45.58M | 18.87M |
Working Capital Changes | -30.67M | 57.39M | 18.57M | 6.58M | 30.6M | -45.11M | -22.88M | -21.38M | -51.55M | -52.65M |
Change in Receivables | -17.34M | 13.23M | 16.93M | -16.24M | -5.61M | -5.86M | 430K | -5.16M | -19.17M | 0 |
Change in Inventory | -305K | -434K | -163K | -841K | -872K | -1.2M | 439K | 138K | -473K | 0 |
Change in Payables | -2.29M | -145K | 1.05M | 1.62M | 7.59M | -1.53M | -8.83M | 1.03M | -8.93M | 0 |
Cash from Investing | -92.25M | 362.91M | -54.93M | -68.25M | -154.67M | -77.78M | -86.55M | -129.31M | -150.83M | -143.01M |
Capital Expenditures | -81.71M | -69.86M | -74.45M | -68.97M | -77.98M | -85.54M | -85.02M | -94.39M | -101.93M | -96.13M |
CapEx % of Revenue | 6.68% | 4.39% | 4.36% | 3.98% | 4.11% | 4.08% | 3.9% | 4.2% | 4.68% | 4.38% |
Acquisitions | -5.27M | -18.18M | -1.6M | 1.21M | -67.95M | 8.24M | 2.12M | 0 | -16.85M | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -9M | 959K | -77.82M | -69.63M | 1.2M | 3.14M | -3.67M | -34.92M | -32.05M | -49.68M |
Cash from Financing | -215.8M | -305.76M | -365.3M | -157.91M | -242.74M | 288.67M | -504.3M | -303.1M | -343.99M | -205.15M |
Debt Issued (Net) | -26.98M | 34.77M | -56.63M | -46.53M | 116.02M | 455.94M | -116.29M | -49.65M | -12.71M | -20.07M |
Equity Issued (Net) | -126.23M | -269.81M | -217.8M | -38.81M | -268.53M | -51.95M | -189.55M | -77.38M | -198.85M | -77.8M |
Dividends Paid | -68.32M | -80.53M | -96.36M | -64.87M | -94.85M | -106.78M | -209.25M | -204.44M | -129.59M | -106.8M |
Share Repurchases | -126.23M | -269.81M | -217.8M | -62.17M | -268.53M | -51.95M | -189.55M | -77.38M | -200.77M | -77.99M |
Other Financing | 5.74M | 9.81M | 5.5M | -7.7M | 4.62M | -8.54M | 10.79M | 28.37M | -2.84M | -480K |
Net Change in Cash | -63.13M▲ 0% | 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% | -163.57M▼ 92.0% | -57.74M▲ 0% |
Free Cash Flow | 157.08M▲ 0% | 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% | 242.62M▼ 7.0% | 222.39M▲ 0% |
FCF Margin % | 12.84% | 9.71% | 12.55% | 12.42% | 14.12% | 8.32% | 11.94% | 11.61% | 11.15% | 10.14% |
FCF Growth % | 258.62% | -1.73% | 38.94% | 0.43% | 24.33% | -34.89% | 49.34% | 0.2% | -7.01% | -9.61% |
FCF per Share | 0.62 | 0.63 | 0.91 | 0.94 | 1.19 | 0.81 | 1.23 | 1.27 | 1.25 | 1.17 |
FCF Conversion (FCF/Net Income) | 1.23x | 0.49x | 2.11x | 2.41x | 1.73x | 1.47x | 1.69x | 1.83x | 2.09x | 1.30x |
Interest Paid | 128.99M | 137.61M | 138.27M | 136.23M | 133.28M | 144.42M | 146.88M | 145.25M | 0 | 0 |
Taxes Paid | 29.31M | 102.83M | 34.8M | 16.2M | 54.78M | 47.77M | 75.19M | 73.6M | 0 | 0 |
WEN Key Ratios
The Wendy's Company (WEN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 35.25% | 75.33% | 23.51% | 22.11% | 40.65% | 39.32% | 52.72% | 68.3% | 87.63% | 150.73% |
Return on Invested Capital (ROIC) | 5.37% | 6.09% | 5.68% | 5.15% | 6.91% | 6.59% | 7.22% | 7.11% | 6.34% | 5.9% |
Gross Margin | 49.14% | 37.94% | 35.44% | 35.84% | 28.29% | 34.4% | 35.59% | 35.17% | 26.87% | 26.29% |
Net Margin | 15.86% | 28.94% | 8.01% | 6.8% | 10.56% | 8.46% | 9.37% | 8.65% | 7.58% | 7.81% |
Debt / Equity | 4.81x | 4.29x | 7.19x | 6.69x | 8.84x | 9.19x | 13.36x | 15.78x | 35.31x | 35.63x |
Interest Coverage | 1.86x | 5.81x | 2.48x | 2.30x | 3.20x | 2.99x | 3.25x | 3.20x | 2.80x | 5.39x |
FCF Conversion | 1.23x | 0.49x | 2.11x | 2.41x | 1.73x | 1.47x | 1.69x | 1.83x | 2.09x | 1.30x |
Revenue Growth | -14.77% | 29.96% | 7.49% | 1.45% | 9.41% | 10.46% | 4.11% | 2.98% | -3.1% | -1.84% |
Related:WEN Dividend History·WEN Revenue History·WEN Price History·WEN P/E History·WEN Financial Ratios·WEN Institutional Holders
WEN SEC Filings & Documents
The Wendy's Company (WEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
WEN Frequently Asked Questions
The Wendy's Company (WEN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
The Wendy's Company (WEN) reported $2.19B in revenue for fiscal year 2025. This represents a 152% increase from $870.9M in 1996.
The Wendy's Company (WEN) saw revenue decline by 3.1% over the past year.
Yes, The Wendy's Company (WEN) is profitable, generating $171.5M in net income for fiscal year 2025 (7.6% net margin).
Dividend & Returns
Yes, The Wendy's Company (WEN) pays a dividend with a yield of 9.82%. This makes it attractive for income-focused investors.
The Wendy's Company (WEN) has a return on equity (ROE) of 87.6%. This is excellent, indicating efficient use of shareholder capital.
The Wendy's Company (WEN) generated $222.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.