The Wendy's Company

The Wendy's Company

WEN
The Wendy's CompanyUS flagNASDAQ
6.28
USD
-0.24
- -
1.20BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.17
5.4
5.79
5.47
5.01
6.69
7.43
7.75
8.57
9.8
10.41
10.99
11.26
11.57
Basic EPS, GAAP
0.12
0.33
0.5
0.49
0.79
1.93
0.6
0.53
0.91
0.83
0.98
0.95
0.85
0.66
Free Cash Flow per Basic Share
0.84
0.69
0.85
0.74
0.98
0.94
1.26
1.27
1.56
1.22
1.65
1.74
1.78
1.88
Dividend per Share
0.18
0.2
0.22
0.24
0.28
0.34
0.42
0.29
0.43
0.5
1
1
0.67
0.56
Book Value per Share
4.91
4.7
2.76
2.15
2.38
2.8
2.3
2.45
2.02
2.19
1.51
1.27
0.62
0.63
Tangible Book Value per Share
-0.56
-1.25
-4.98
-6.25
-6.2
-6.03
-6.61
-6.36
-7.5
-7.3
-8.19
-8.36
-9.6
-9.44
Basic Weighted Avg Shares
393
370
323
262
244
238
230
224
221
214
209
204
193
190
Sales/Revenue/Turnover
2,424
1,999
1,870
1,435
1,223
1,590
1,709
1,734
1,897
2,096
2,182
2,246
2,177
2,204
Operating Margin (%)
7.05
10.14
13.23
18.75
22.93
16.55
16.69
16.74
18.14
16.88
17.95
17.29
16.28
14.15
Depreciation Expense
200
160
154
124
126
129
132
133
126
136
149
158
171
177
Net Income, GAAP
45
121
161
130
194
460
137
118
200
177
204
194
165
126
Effective Tax Rate (%)
25.25
39.53
40.21
35.73
- -
19.97
20.14
22.88
16.7
27.16
26.83
28.65
27.36
29.64
Profit Margin (%)
1.88
6.08
8.62
9.03
15.86
28.94
8.01
6.8
10.56
8.46
9.37
8.65
7.58
5.72
Working Capital
573
222
348
222
177
382
204
274
166
670
456
339
267
321
LT Debt
1,425
1,385
2,403
2,488
2,724
2,753
3,636
3,590
3,769
4,186
4,041
3,942
4,037
3,963
Total Equity
1,929
1,718
753
528
573
648
516
550
436
466
310
259
117
120
Return on Invested Capital (%)
3.71
3.72
4.64
5.53
- -
6.19
5.91
5.27
6.69
5.67
6.19
6.26
5.95
5.23
Return on Capital (%)
2.86
4.67
6.71
6.54
- -
16.44
5.99
4.93
6.84
5.9
6.42
6.42
5.97
5.22
Return on Common Equity (%)
2.32
6.66
13.05
20.24
35.25
75.33
23.51
22.11
40.65
39.32
52.72
68.3
87.63
108.04

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
108
109
109
LT Borrowings
2,731
2,725
2,719
LT Finance Leases
1,307
1,282
1,244
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
190
190
191
Market Capitalization
1,585
1,324
1,580

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
618
652
678
Cash, Cash Equivalents & STI
301
299
341
Accounts Receivable, Net
105
125
109
Inventories
7
7
7
Total Current Liabilities
351
356
357
Payables & Accruals
59
138
146
ST Debt
108
109
109
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-14.05%
-23.68%
-54.74%
Free Cash Flow
4.45%
5.9%
-3.03%
Net Income, GAAP
13.69%
10.77%
-15.07%
Sales/Revenue/Turnover
2.47%
4.77%
-3.1%
Total Cash Common Dividend
11.66%
23.17%
-36.61%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
535
571
567
574
2,246
2025
523
561
550
543
2,177
2026
541
571
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
0.27
0.25
0.23
0.95
2025
0.2
0.29
0.23
0.14
0.85
2026
0.12
0.17
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.25
0.25
0.25
1
2025
0.25
0.14
0.14
0.14
0.67
2026
0.14
0.14
- -
- -
- -

Company Description

CEO
Robert D. Wright
Full Time Employees
14,900
Sector
Consumer Cyclical
Industry
Restaurants
Address
One Dave Thomas Boulevard Dublin OH United States of America 43017
IPO Date
May 6, 1980
Website
wendys.com
Business
The Wendy's Company (Nasdaq: WEN), headquartered in Dublin, Ohio, operates as a multinational fast-food holding company and franchisor of Wendy's restaurants; founded in 1969 by Dave Thomas in Columbus, Ohio, it oversees a global system of more than 7,000 locations, with approximately 83% in the United States and the remainder spanning North America, Asia, Europe, and other regions including recent entries in Curaçao, Ireland, and Romania. Wendy's offers a craveable menu centered on fresh, never-frozen square beef hamburgers such as Dave's Single, Double, and Triple; chicken sandwiches and nuggets including the Spicy Chicken Sandwich; signature sides like sea salt fries, baked potatoes, and chili; salads such as Apple Pecan Chicken; breakfast items including the Baconator sandwich, Frosty-inspired coffee, and honey butter chicken biscuit; and the iconic Frosty dessert blended from chocolate and vanilla ice cream; beverages feature soft drinks, coffee, and Frosty-ccino variants. The company generates revenue through company-operated restaurants and franchise royalties, targeting families, burger enthusiasts, health-conscious diners, and on-the-go customers via drive-thru efficiency, digital ordering, and loyalty programs. In 2025, The Wendy's Company launches Project Fresh, a strategic initiative reallocating over $20 million from development programs to U.S. average unit volume growth through store improvements, marketing simplification, labor optimization, technology upgrades, and new menu items like chicken tenders; it finalizes franchise agreements for up to 190 new restaurants in Italy and Armenia, aiming for 2,000 international units by 2028 and 70% of growth outside the U.S.; Flynn Group acquires additional U.S. locations, expanding its portfolio to 309 domestic Wendy's amid robust franchisee partnerships; and transitions leadership with CEO Mark Tanner departing for The Hershey Company, appointing CFO Ken Cook as interim CEO. These efforts underscore accelerated global expansion, operational enhancements, and brand revitalization following recent U.S. sales challenges.

Company News

  • Fresh Beef, Fresh Deal: Wendy's Debuts the $7.99 Dave's Single® Combo Meal

  • Wendy's store closures update: See the newest list of doomed locations as embattled franchisee shrinks footprint

  • Wendy's turnaround faces deeper closures as Jefferies cuts forecasts

  • The Wendy’s Company (WEN) – What Are Brokerages Saying About This Stock?

  • Wendy's Costs Less Than $7 a Share. Here's Why That Doesn't Make It Cheap.

  • 10 more Wendy's stores could close this weekend, even though the fast food chain tried to save them. See the list

  • The Wendy's Company to Report Third Quarter 2026 Results on November 5

  • Wendy's is facing more store closures: See an updated list of shuttered locations from franchise bankruptcy

  • Wendy’s (NASDAQ:WEN) Sets New 12-Month Low – Time to Sell?

  • Restaurant Dividends Flashing Warning Signs Income Investors Should Not Ignore

  • I ranked the signature burgers from McDonald's, Wendy's, and Burger King. My favorite surprised me.

  • Why brands like E.l.f., Wendy's and Gap are branching out into original music

  • Which Companies Are Screaming ‘Take Me Private'? These 3 Fit the Bill

  • What's Wrong With Wendy's Stock?

  • Wendy's is closing more stores: See a list of doomed locations from a major franchisee in ongoing bankruptcy

  • Wendy’s (NASDAQ:WEN) & Carnival (NYSE:CCL) Head-To-Head Comparison

  • McDonald's Falls 4% as Investor Day Sets $8.5B Franchisee Support Plan; Wendy's Dips, Yum! Brands Holds Steady

  • Wendy's Stock Moves Higher: What's Going On?

  • Wendy's: International Folly But A Potentially Wise Acquisition

  • Brokerages Set The Wendy’s Company (NASDAQ:WEN) PT at $7.78