The Wendy's Company (WEN) quarterly balance sheet — complete assets, liabilities & equity history
The Wendy's Company (WEN) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 678.1M | 652.26M | 618.04M | 640.86M | 600.45M | 644.2M | 736.14M | 783.21M | 790.56M | 867.53M | 837.65M | 926.05M | 967.45M | 1B | 1.06B | 1.09B | 1.04B | 1.08B | 592.85M | 843.49M |
| Cash & Short-Term Investments | 341.21M | 447.18M | 300.83M | 450.35M | 281.23M | 335.26M | 450.51M | 482.22M | 465.49M | 498.33M | 516.04M | 598.02M | 635.43M | 676.47M | 745.89M | 731.8M | 700.81M | 741.22M | 249.44M | 571.5M |
| Cash Only | 341.21M | 447.18M | 300.83M | 450.35M | 281.23M | 335.26M | 450.51M | 482.22M | 465.49M | 498.33M | 516.04M | 598.02M | 635.43M | 676.47M | 745.89M | 731.8M | 700.81M | 741.22M | 249.44M | 571.5M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 109.25M | 125.06M | 117.33M | 128.46M | 115.08M | 102.47M | 99.93M | 111.41M | 117.67M | 193.33M | 121.68M | 138.06M | 142.59M | 136.34M | 116.43M | 142.45M | 115.37M | 118.15M | 185.04M | 100.27M |
| Days Sales Outstanding | 18.68 | 20.4 | 20.6 | 20.17 | 17.65 | 17.59 | 16.74 | 18.39 | 24.79 | 26.8 | 21.86 | 23.19 | 22.6 | 21.75 | 21.95 | 22.03 | 19.76 | 28.23 | 27.43 | 19.69 |
| Inventory | 7.04M | 6.6M | 7.39M | 6.93M | 6.31M | 6.2M | 6.53M | 6.25M | 6.38M | 6.11M | 6.69M | 6.81M | 6.55M | 6.45M | 7.13M | 6.58M | 6.46M | 5.95M | 5.93M | 4.26M |
| Days Inventory Outstanding | 1.61 | 1.58 | 1.58 | 1.49 | 1.44 | 1.54 | 2.33 | 1.4 | 1.39 | 1.53 | 1.27 | 1.56 | 1.5 | 1.64 | 2.63 | 1.67 | 1.46 | 1.64 | 1.53 | 1.14 |
| Other Current Assets | 141.68M | 73.42M | 192.49M | 55.11M | 197.82M | 200.26M | 179.17M | 183.32M | 163.63M | 133.36M | 156.29M | 183.15M | 182.87M | 184.14M | 188.84M | 185.03M | 185.74M | 182.41M | 121.86M | 143.64M |
| Total Non-Current Assets | 4.21B | 4.27B | 4.34B | 4.34B | 4.29B | 4.28B | 4.3B | 4.29B | 4.3B | 4.32B | 4.35B | 4.36B | 4.39B | 4.4B | 4.44B | 4.43B | 4.47B | 4.48B | 4.51B | 4.31B |
| Property, Plant & Equipment | 895.6M | 1.85B | 955.43M | 963.04M | 1.84B | 1.82B | 1.83B | 1.82B | 1.81B | 1.82B | 1.83B | 1.83B | 1.85B | 1.86B | 1.88B | 1.89B | 1.91B | 1.93B | 1.96B | 1.87B |
| Fixed Asset Turnover | 0.42x | 0.39x | 0.57x | 0.39x | 0.31x | 0.29x | 0.31x | 0.31x | 0.31x | 0.29x | 0.30x | 0.30x | 0.30x | 0.28x | 0.28x | 0.28x | 0.28x | 0.25x | 0.25x | 0.25x |
| Goodwill | 773.12M | 773.71M | 774.09M | 774.78M | 772.83M | 771.64M | 771.47M | 773.19M | 772.79M | 773.08M | 773.73M | 773.19M | 773.69M | 773.1M | 773.09M | 772.98M | 774.7M | 775.53M | 775.28M | 751.8M |
| Intangible Assets | 1.15B | 1.16B | 1.17B | 1.18B | 1.18B | 1.18B | 1.19B | 1.2B | 1.2B | 1.21B | 1.22B | 1.23B | 1.23B | 1.24B | 1.25B | 1.25B | 1.26B | 1.27B | 1.28B | 1.21B |
| Long-Term Investments | 22.99M | 304.17M | 310.12M | 25.85M | 313.77M | 312.71M | 317.05M | 317.47M | 323.67M | 340.14M | 348.11M | 348.41M | 351.83M | 356.85M | 363.37M | 356.06M | 362.57M | 354.24M | 349.58M | 346.6M |
| Other Non-Current Assets | 1.37B | 190.69M | 1.13B | 1.39B | 190.28M | 186.99M | -235.48M | 183.68M | -84.74M | -87.13M | -254.69M | -85.57M | -91.27M | -93.52M | -279.61M | -112.47M | -115.83M | -123.46M | -128.58M | -142.34M |
| Total Assets | 4.88B | 4.92B | 4.96B | 4.98B | 4.89B | 4.92B | 5.03B | 5.07B | 5.09B | 5.19B | 5.18B | 5.29B | 5.35B | 5.41B | 5.5B | 5.52B | 5.52B | 5.56B | 5.1B | 5.16B |
| Asset Turnover | 0.12x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.09x | 0.09x |
| Asset Growth % | -0.2% | 0.1% | -1.55% | -1.91% | -3.81% | -5.21% | -2.86% | -4.11% | -4.96% | -4.04% | -5.76% | -4.25% | -2.93% | -2.79% | 7.8% | 7.14% | 6.75% | 12.23% | 1.22% | 3.91% |
| Total Current Liabilities | 357.47M | 356.16M | 351.1M | 793.73M | 415.22M | 433.5M | 397.63M | 373.07M | 364.86M | 425.45M | 381.93M | 405.2M | 389.92M | 399.53M | 388M | 418.42M | 398.82M | 407.65M | 426.93M | 407.19M |
| Accounts Payable | 21.44M | 23.6M | 30.45M | 27.2M | 26.64M | 24.86M | 28.45M | 29.05M | 25.77M | 26.18M | 27.37M | 41.69M | 38.64M | 45.34M | 44M | 34.67M | 36.16M | 33.15M | 41.16M | 26.51M |
| Days Payables Outstanding | 5.31 | 6.11 | 6.37 | 6.06 | 5.94 | 6.46 | 10.5 | 6.06 | 5.79 | 6.4 | 6.48 | 9.36 | 9.66 | 10.81 | 15.12 | 9.07 | 8.13 | 10.25 | 10.18 | 7.88 |
| Short-Term Debt | 29.75M | 109.4M | 29.75M | 502.48M | 78.5M | 78.33M | 78.16M | 29.25M | 29.25M | 29.25M | 29.25M | 29.25M | 29.25M | 29.25M | 29.25M | 29.25M | 29.25M | 29.25M | 24.25M | 32.75M |
| Deferred Revenue (Current) | 0 | 9.76M | 0 | 11.55M | 11M | 0 | 11.02M | 0 | 10.95M | 144.21M | 10.67M | 148.94M | 132.44M | 9.53M | 8.98M | 276.09M | 274.51M | 9.95M | 9.08M | 8.97M |
| Other Current Liabilities | 102.08M | 213.4M | 184.97M | 252.5M | 223.54M | 117.99M | 133.6M | 113.51M | 111.28M | 11.02M | 172.28M | -32.5M | 2.33M | 114.06M | 169.93M | -108.39M | -107.89M | 141.74M | 197.62M | 118.7M |
| Current Ratio | 1.90x | 1.83x | 1.76x | 0.81x | 1.45x | 1.49x | 1.85x | 2.10x | 2.17x | 2.04x | 2.19x | 2.29x | 2.48x | 2.51x | 2.73x | 2.62x | 2.62x | 2.65x | 1.39x | 2.07x |
| Quick Ratio | 1.88x | 1.81x | 1.74x | 0.80x | 1.43x | 1.47x | 1.83x | 2.08x | 2.15x | 2.02x | 2.18x | 2.27x | 2.46x | 2.50x | 2.71x | 2.60x | 2.60x | 2.63x | 1.37x | 2.06x |
| Cash Conversion Cycle | 14.98 | 15.87 | 15.81 | 15.59 | 13.15 | 12.68 | 8.58 | 13.73 | 20.4 | 21.93 | 16.65 | 15.39 | 14.44 | 12.58 | 9.47 | 14.62 | 13.08 | 19.62 | 18.79 | 12.95 |
| Total Non-Current Liabilities | 4.41B | 4.45B | 4.49B | 4.07B | 4.37B | 4.36B | 4.38B | 4.44B | 4.45B | 4.47B | 4.49B | 4.54B | 4.57B | 4.59B | 4.65B | 4.67B | 4.69B | 4.7B | 4.24B | 4.21B |
| Long-Term Debt | 2.72B | 2.72B | 2.73B | 2.98B | 2.65B | 2.66B | 2.66B | 2.72B | 2.72B | 2.73B | 2.73B | 2.77B | 2.78B | 2.79B | 2.82B | 2.83B | 2.83B | 2.84B | 2.36B | 2.36B |
| Capital Lease Obligations | 1.24B | 1.28B | 1.31B | 1.32B | 1.28B | 1.27B | 1.28B | 1.28B | 1.28B | 1.29B | 1.31B | 1.32B | 1.33B | 1.35B | 1.36B | 1.37B | 1.39B | 1.39B | 1.41B | 1.36B |
| Deferred Tax Liabilities | 289.27M | 288.49M | 287.75M | 291.34M | 265.43M | 262.55M | 263.42M | 270.09M | 270.13M | 270.88M | 270.35M | 270.61M | 275.09M | 272.55M | 270.42M | 276.09M | 274.51M | 271.63M | 267.71M | 279.81M |
| Other Non-Current Liabilities | 72.05M | 72.8M | 162.85M | -601.49M | 166.43M | 168.79M | 172.61M | 84.61M | 87.07M | 90.05M | 89.71M | 94.44M | 184.44M | 184.65M | 98.85M | 193.51M | 195.52M | 197.75M | 201.02M | 207.17M |
| Total Liabilities | 4.76B | 4.81B | 4.84B | 4.87B | 4.78B | 4.79B | 4.78B | 4.81B | 4.81B | 4.9B | 4.87B | 4.95B | 4.96B | 4.99B | 5.03B | 5.09B | 5.09B | 5.11B | 4.66B | 4.61B |
| Total Debt | 4.07B | 4.12B | 4.15B | 4.8B | 4.09B | 4.08B | 4.09B | 4.1B | 4.1B | 4.12B | 4.14B | 4.19B | 4.21B | 4.23B | 4.28B | 4.29B | 4.32B | 4.33B | 3.86B | 3.81B |
| Net Debt | 3.73B | 3.67B | 3.84B | 4.35B | 3.81B | 3.74B | 3.64B | 3.62B | 3.64B | 3.62B | 3.62B | 3.59B | 3.58B | 3.55B | 3.54B | 3.56B | 3.62B | 3.58B | 3.61B | 3.24B |
| Debt / Equity | 33.81x | 35.63x | 35.31x | 43.94x | 36.21x | 31.30x | 15.78x | 15.77x | 14.99x | 14.03x | 13.36x | 12.22x | 10.77x | 10.08x | 9.19x | 9.82x | 10.21x | 9.52x | 8.84x | 7.03x |
| Debt / EBITDA | 33.40x | 37.70x | 37.73x | 36.57x | 28.14x | 34.06x | 30.70x | 30.30x | 29.20x | 34.27x | 32.79x | 29.96x | 29.03x | 35.38x | 36.28x | 32.22x | 33.29x | 40.01x | 35.32x | 34.32x |
| Net Debt / EBITDA | 30.60x | 33.60x | 34.99x | 33.14x | 26.20x | 31.26x | 27.32x | 26.74x | 25.89x | 30.13x | 28.70x | 25.68x | 24.65x | 29.72x | 29.96x | 26.73x | 27.88x | 33.15x | 33.03x | 29.18x |
| Interest Coverage | 2.43x | 2.00x | 2.02x | 3.00x | 3.45x | 1.74x | 3.27x | 3.23x | 3.41x | 2.88x | 3.22x | 3.52x | 3.53x | 2.74x | 2.82x | 3.17x | 3.04x | 2.93x | 2.95x | 3.09x |
| Total Equity | 120.47M | 115.55M | 117.38M | 109.19M | 112.89M | 130.24M | 259.35M | 259.85M | 273.75M | 293.65M | 309.78M | 342.56M | 391.12M | 419.56M | 465.72M | 437.38M | 422.86M | 454.54M | 436.4M | 542.75M |
| Equity Growth % | 6.71% | -11.28% | -54.74% | -57.98% | -58.76% | -55.65% | -16.28% | -24.14% | -30.01% | -30.01% | -33.48% | -21.68% | -7.51% | -7.7% | 6.72% | -19.41% | -25.86% | -12.7% | -20.6% | 4.07% |
| Book Value per Share | 0.63 | 0.61 | 0.62 | 0.57 | 0.59 | 0.65 | 1.26 | 1.27 | 1.33 | 1.42 | 1.49 | 1.63 | 1.84 | 1.95 | 2.19 | 2.04 | 1.96 | 2.08 | 1.98 | 2.41 |
| Total Shareholders' Equity | 120.47M | 115.55M | 117.38M | 109.19M | 112.89M | 130.24M | 259.35M | 259.85M | 273.75M | 293.65M | 309.78M | 342.56M | 391.12M | 419.56M | 465.72M | 437.38M | 422.86M | 454.54M | 436.4M | 542.75M |
| Common Stock | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M | 47.04M |
| Retained Earnings | 437.1M | 431.17M | 435.12M | 435.29M | 417.76M | 389.48M | 399.7M | 403.26M | 403.84M | 400.46M | 409.86M | 414.32M | 408.45M | 401.44M | 414.75M | 400.11M | 376.19M | 354.68M | 344.2M | 317.96M |
| Treasury Stock | -3.28B | -3.29B | -3.29B | -3.29B | -3.28B | -3.22B | -3.09B | -3.1B | -3.08B | -3.05B | -3.05B | -3.01B | -2.95B | -2.91B | -2.87B | -2.87B | -2.87B | -2.82B | -2.81B | -2.69B |
| Accumulated OCI | -70.75M | -66.76M | -63.97M | -67.44M | -62.54M | -72.84M | -74.75M | -60.59M | -64.97M | -62.96M | -58.38M | -63.6M | -59.07M | -64.02M | -64.18M | -68.72M | -54.54M | -47.08M | -48.2M | -48.73M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |