The Wendy's Company

The Wendy's Company

WEN
The Wendy's CompanyUS flagNASDAQ Global Select
6.71
USD
-0.04
- -
1.28BMarket 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
11.5
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
0.78
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
1.67
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
-1.13
-1.08
-0.96
-0.93
-0.48
0.81
1.01
1.28
1.77
2.16
2.18
2.19
2.49
2.51
Tangible Book Value per Share
-0.56
-1.23
-4.2
-5.86
-6.11
-5.86
-6.47
-6.38
-7.32
-7.28
-8.03
-8.34
-9.45
-9.52
Basic Weighted Avg Shares
393
370
323
262
244
238
230
224
221
214
209
204
193
191
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
2,194
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
15.44
Depreciation Expense
200
160
154
124
126
129
132
133
126
136
149
158
171
175
Net Income, GAAP
45
121
161
130
194
460
137
118
200
177
204
194
165
149
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
28.06
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
6.77
Working Capital
573
222
348
222
177
382
204
274
166
670
456
339
267
296
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
4,007
Total Equity
1,929
1,718
753
528
573
648
516
550
436
466
310
259
117
116
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
5.77
Return on Capital (%)
9.5
14.86
13.47
9.28
- -
19.8
6.63
5.28
7.1
5.93
6.32
6.19
5.61
5.3
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
64.28
45.45
59.2
41.59
44.51
43.02
35.54
32.48

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
502
108
109
LT Borrowings
2,299
2,731
2,725
LT Finance Leases
1,317
1,307
1,282
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
190
190
190
Market Capitalization
1,803
1,611
1,326

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
641
618
652
Cash, Cash Equivalents & STI
291
301
299
Accounts Receivable, Net
128
105
125
Inventories
7
7
7
Total Current Liabilities
794
351
356
Payables & Accruals
166
59
138
ST Debt
502
108
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
- -
- -
- -
- -

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
- -
- -
- -
- -

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
- -
- -
- -
- -

Company Description

APIChat
CEO
Kenneth Cook
Full Time Employees
4,833
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

APIChat
  • Wendy's is holding a look-alike contest—with a grand prize of free burgers for a year—to celebrate World Redhead Day

  • Short Interest Up 94% In This Restaurant Stock: Data Says Short Squeeze Could Be Cooking Up

  • Wendy's New CEO Has a Tough Job. Here's What Needs to Be Done.

  • Wendy's taps former Potbelly CEO to lead struggling burger chain

  • Wendy's Names Robert Wright as CEO

  • Wendy's Appoints Robert D. "Bob" Wright as President and Chief Executive Officer

  • Wendy's Celebrates Its Redhead Roots with NYC Look-alike Contest on World Redhead Day

  • Will a Strategic Pivot to China Save Struggling Wendy's?

  • Wendy's: Renewed Takeover Hopes, Yet Shares Still Trade At A Deep Discount

  • Wendy's: Nelson Peltz Wants Another Bite

  • Wendy's Canada Brings Fresh Flavours to Menus Nationwide with New Strawberry Salad, Watermelon Lemonade and More

  • Wendy's long-suffering stock gets a boost after reports that billionaire Nelson Peltz wants to take it private

  • Wendy's Shares Climb On Reported Trian Take-Private Deal Interest

  • Why Wendy's Stock Popped Today

  • Nelson Peltz Wants to Take Wendy's Private. The Fast Food Stock Is Surging.

  • Wendy's shares soar 14% on report investor Nelson Peltz seeks funding to take struggling chain private

  • Wendy's stock jumps 13% as Nelson Peltz eyes potential take-private bid

  • Stocks Slide as Inflation Reading Hits 3-Year Highs

  • Wendy's Shares Surge On Reported Buyout Interest From Nelson Peltz's Trian

  • Nelson Peltz Wants to Take Wendy's Private, Report Says. The Burger Stock Soars 17%.