Last 48 quarters of trend data · Consumer Cyclical · Restaurants
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
The Wendy's Company's quarterly P/E stands at 7.1x, down 63.2% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 16.2% YoY to 11.7x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 8.00 | 7.08 | 14.91 | 10.01 | 9.97 | 19.25 | 17.93 | 17.79 | 15.70 | 23.55 | 21.17 | 18.22 | 19.42 |
| — | -63.2% | -16.9% | -43.7% | -36.5% | -18.3% | -15.3% | -2.4% | -19.1% | -17.8% | -28.9% | -6.4% | -11.7% | |
| P/S Ratio | 0.59 | 0.60 | 0.73 | 0.81 | 0.99 | 1.41 | 1.47 | 1.60 | 1.53 | 1.82 | 1.87 | 1.95 | 2.06 |
| — | -57.5% | -50.3% | -49.6% | -35.2% | -22.7% | -21.2% | -17.9% | -25.7% | -17.7% | -16.8% | +3.7% | +6.4% | |
| P/B Ratio | 11.24 | 11.21 | 13.55 | 16.25 | 19.73 | 22.65 | 13.04 | 13.98 | 12.77 | 13.28 | 13.05 | 12.55 | 11.84 |
| — | -50.5% | +3.9% | +16.2% | +54.5% | +70.6% | -0.1% | +11.4% | +7.9% | +19.0% | +26.1% | +36.8% | +20.2% | |
| P/FCF | 5.34 | 6.82 | 12.67 | 4.26 | 14.20 | 10.89 | 31.80 | 7.37 | 30.82 | 11.80 | 21.71 | 10.48 | 16.40 |
| — | -37.4% | -60.2% | -42.2% | -53.9% | -7.7% | +46.5% | -29.7% | +88.0% | -59.0% | -24.8% | -31.7% | -7.5% | |
| EV / EBITDA | 10.21 | 11.71 | 12.37 | 11.67 | 10.38 | 13.98 | 13.17 | 13.40 | 12.69 | 15.64 | 15.18 | 14.11 | 14.15 |
| — | -16.2% | -6.1% | -12.9% | -18.2% | -10.6% | -13.2% | -5.0% | -10.3% | -9.2% | -14.2% | -0.7% | -5.7% | |
| EV / EBIT | 15.47 | 20.47 | 20.68 | 16.15 | 14.12 | 30.46 | 17.29 | 17.96 | 16.86 | 21.37 | 19.65 | 18.10 | 18.65 |
| — | -32.8% | +19.6% | -10.1% | -16.2% | +42.5% | -12.0% | -0.8% | -9.6% | -9.7% | -15.3% | -3.4% | -6.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
The Wendy's Company's operating margin was 11.2% in Q1 2026, down 0.6 pp QoQ and down 4.7 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 14.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 12.7% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.9% | 24.7% | 24.2% | 26.5% | 29.7% | 28.3% | 56.6% | 27.4% | 28.5% | 28.8% | 10.3% | 29.1% | 29.6% |
| — | -12.7% | -57.2% | -3.4% | +4.3% | -1.9% | +449.2% | -5.6% | -3.7% | -0.3% | -81.5% | -12.7% | +5.9% | |
| Operating Margin | 15.3% | 11.2% | 11.9% | 15.9% | 18.6% | 15.9% | 16.7% | 16.7% | 17.4% | 15.2% | 16.0% | 18.5% | 19.5% |
| — | -29.4% | -29.1% | -4.6% | +6.6% | +4.6% | +4.4% | -9.5% | -10.4% | -5.0% | +2.3% | +0.2% | +8.7% | |
| Net Margin | 7.6% | 8.4% | 4.9% | 8.1% | 9.8% | 7.5% | 8.3% | 8.9% | 9.6% | 7.9% | 8.7% | 10.5% | 10.6% |
| — | +12.6% | -41.0% | -9.1% | +2.6% | -4.6% | -4.7% | -16.0% | -9.8% | +4.3% | +12.9% | +11.1% | +18.6% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 87.6% | 39.2% | 23.4% | 39.9% | 45.3% | 20.1% | 18.3% | 18.8% | 19.3% | 13.9% | 14.4% | 15.8% | 14.7% |
| — | +94.5% | +27.8% | +111.7% | +135.4% | +44.7% | +27.1% | +19.0% | +30.9% | +54.7% | +57.4% | +34.7% | +34.0% | |
| ROA | 3.3% | 0.9% | 0.5% | 0.9% | 1.1% | 0.8% | 0.9% | 1.0% | 1.1% | 0.8% | 0.9% | 1.1% | 1.1% |
| — | +17.1% | -43.3% | -9.3% | +5.6% | -2.7% | +4.9% | -9.4% | -4.1% | +10.9% | +19.7% | +19.1% | +27.5% | |
| ROIC | 6.3% | 1.2% | 1.1% | 1.6% | 2.0% | 1.6% | 1.9% | 1.8% | 1.9% | 1.6% | 1.7% | 1.9% | 2.1% |
| — | -26.8% | -38.1% | -14.0% | +5.3% | +3.4% | +12.1% | -5.5% | -7.7% | -2.4% | +4.9% | +5.4% | +15.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The Wendy's Company's Debt/EBITDA ratio is 38.8x — elevated, raising questions about debt serviceability. The current ratio has improved 23.2% YoY to 1.83x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 35.31 | 35.63 | 35.31 | 43.94 | 36.21 | 31.30 | 15.78 | 15.77 | 14.99 | 14.03 | 13.36 | 12.22 | 10.77 |
| — | +13.8% | +123.8% | +178.6% | +141.6% | +123.1% | +18.1% | +29.0% | +39.2% | +39.2% | +45.4% | +24.5% | +5.4% | |
| Debt / EBITDA | 8.24 | 38.85 | 37.73 | 36.57 | 28.14 | 34.06 | 30.70 | 30.30 | 29.20 | 34.27 | 32.79 | 29.96 | 29.03 |
| — | +14.1% | +22.9% | +20.7% | -3.7% | -0.6% | -6.4% | +1.1% | +0.6% | -3.1% | -9.6% | -7.0% | -12.8% | |
| Current Ratio | 1.76 | 1.83 | 1.76 | 0.81 | 1.45 | 1.49 | 1.85 | 2.10 | 2.17 | 2.04 | 2.19 | 2.29 | 2.48 |
| — | +23.2% | -4.9% | -61.5% | -33.3% | -27.1% | -15.6% | -8.1% | -12.7% | -18.8% | -19.6% | -12.6% | -5.2% | |
| Quick Ratio | 1.74 | 1.81 | 1.74 | 0.80 | 1.43 | 1.47 | 1.83 | 2.08 | 2.15 | 2.02 | 2.18 | 2.27 | 2.46 |
| — | +23.2% | -5.2% | -61.7% | -33.4% | -27.3% | -15.7% | -8.2% | -12.8% | -18.9% | -19.7% | -12.8% | -5.3% | |
| Interest Coverage | 2.80 | 1.78 | 2.02 | 3.00 | 3.45 | 1.74 | 3.27 | 3.23 | 3.41 | 2.88 | 3.22 | 3.52 | 3.53 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying WEN stock.
The Wendy's Company's current P/E is 8.0x. The average P/E over the last 4 quarters is 10.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
The Wendy's Company's current operating margin is 15.3%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking The Wendy's Company's business trajectory between earnings reports.