WEN
Wendy's Co
$7.78
-0.12 (-1.52%)
At close · Jul 7
Market Cap
$1.48B
Shares
190,480,640
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$2.18B
-3.1%
FY2026
Net Income
$165.08M
-15.1%
FY2026
Gross Margin
63.63%
-1.5pp
FY2026
Operating Margin
15.78%
-0.8pp
FY2026
Diluted EPS
$0.85
-10.5%
FY2026
Operating Cash Flow
$344.54M
-3%
FY2026
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.19B | $2.18B | $2.25B | $2.18B | $2.1B | $1.9B | $1.73B | $1.71B | $1.59B | $1.22B | $1.44B | $1.87B | $2B | $2.42B | $2.51B | $2.43B | $2.38B | $2.44B | $1.82B | |
| — | — | — | — | $234.47M | $236.66M | $232.65M | $233.07M | $203.3M | $190.1M | $143.12M | $86.97M | $67.99M | $26.61M | $21.84M | — | — | — | — | |
| $804.6M | $791.72M | $783.21M | $794.49M | $773.17M | $611.68M | $614.91M | $597.53M | $548.59M | $517.94M | $752.08M | $1.18B | $1.36B | $1.78B | $1.88B | $1.82B | $1.76B | $1.81B | $1.42B | |
| $1.39B | $1.39B | $1.46B | $1.39B | $1.32B | $1.29B | $1.12B | $1.11B | $1.04B | $705.47M | $683.34M | $686.22M | $643.42M | $642.74M | $623.99M | $615.25M | $618.49M | $625.04M | $407.23M | |
| — | 63.63% | 65.14% | 63.58% | 63.1% | 67.76% | 64.53% | 65.04% | 65.5% | 57.66% | 47.61% | 36.69% | 32.19% | 26.52% | 24.91% | 25.3% | 26.04% | 25.65% | 22.34% | |
| $257.32M | $252.68M | $255.21M | $249.96M | $254.98M | $242.97M | $206.88M | $200.21M | $217.49M | $203.59M | $236.79M | $256.55M | $260.73M | $291.54M | $287.81M | $292.39M | $311.51M | $353.15M | $248.72M | |
| — | $62.57M | $62.26M | $59.36M | $58.69M | $55.24M | $52.59M | $53.18M | $52.06M | $47.3M | $48.82M | $54.69M | $42.27M | $55.48M | $32.71M | $33.18M | $36.66M | — | — | |
| $156.25M | $152.22M | $143.23M | $135.79M | $133.41M | $125.54M | $132.78M | $131.69M | $128.88M | $125.69M | $124.3M | $153.73M | $159.86M | $200.22M | $154.17M | $145.3M | $126.85M | $134.06M | $88.32M | |
| $405K | -$125K | $8.53M | $9.2M | $698K | $8.55M | $16.03M | $16.97M | $9.07M | $22.57M | $10.08M | $21.91M | $31.9M | $37.02M | $41.03M | $45.71M | $0 | $11.1M | $3.91M | |
| $1.87B | $1.83B | $1.88B | $1.8B | $1.74B | $1.53B | $1.46B | $1.45B | $1.34B | $1.01B | $1.12B | $1.6B | $1.76B | $2.28B | $2.38B | $2.29B | $2.22B | $2.34B | $2.24B | |
| $325.25M | $343.45M | $371.36M | $381.98M | $353.31M | $366.96M | $269.31M | $262.58M | $249.89M | $214.76M | $314.78M | $274.47M | $242.59M | $139.33M | $122.75M | $137.12M | $150.45M | $97.64M | -$413.65M | |
| — | 15.78% | 16.53% | 17.51% | 16.86% | 19.34% | 15.53% | 15.36% | 15.72% | 17.55% | 21.93% | 14.68% | 12.14% | 5.75% | 4.9% | 5.64% | 6.33% | 4.01% | -22.69% | |
| $481.5M | $495.67M | $514.59M | $517.77M | $486.73M | $492.5M | $402.08M | $394.27M | $378.77M | $340.45M | $439.08M | $428.2M | $402.45M | $339.55M | $276.92M | $282.42M | $277.29M | $231.71M | -$325.34M | |
| $129.1M | $126.47M | $123.88M | $124.06M | $122.32M | $109.19M | $117.74M | $115.97M | $119.62M | $118.06M | $114.8M | $86.07M | $51.99M | $68.64M | $98.6M | $114.11M | $118.39M | $106.88M | $67.01M | |
| $10.99M | $12.62M | $24.92M | $29.57M | $10.4M | $681K | $1.45M | $7.77M | $5.38M | $1.62M | $989K | $806K | $747K | -$2.1M | $1.57M | $945K | $2.43M | -$20K | — | |
| — | — | — | — | $9.42M | $11.2M | $6.1M | $8.67M | $8.08M | $7.57M | — | — | — | — | — | — | -$9.46M | -$8.5M | -$1.97M | |
| $206.49M | $227.25M | $272.41M | $279.42M | $243.51M | $240.58M | $152.8M | $171.48M | $574.92M | $101.02M | $201.69M | $234.13M | $192.54M | $63.59M | -$13.13M | $24.44M | $13.56M | -$16.26M | -$581.25M | |
| $57.94M | $62.17M | $78.06M | $74.98M | $66.14M | $40.19M | $34.96M | $34.54M | $114.8M | -$93.01M | $72.07M | $94.15M | $76.12M | $16.06M | -$21.08M | $6.53M | -$4.56M | -$21.64M | -$99.29M | |
| $148.56M | $165.08M | $194.36M | $204.44M | $177.37M | $200.39M | $117.83M | $136.94M | $460.12M | $194.03M | $129.62M | $161.14M | $121.43M | $45.49M | $7.08M | $9.88M | -$4.33M | $5.06M | -$479.74M | |
| — | 7.58% | 8.65% | 9.37% | 8.46% | 10.56% | 6.8% | 8.01% | 28.94% | 15.86% | 9.03% | 8.62% | 6.08% | 1.88% | 0.28% | 0.41% | -0.18% | 0.21% | -26.32% | |
| — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | -$855K | $2.38M | $0 | $0 | — | — | |
| $154.63M | $175.86M | $177.98M | $210.24M | $161.39M | $201.83M | $122.02M | $144.79M | $444.64M | $211.07M | $137.21M | $121.61M | $100.48M | $29.17M | $12.96M | $2.96M | $8.38M | — | — | |
| USD/shares | — | $0.85 | $0.95 | $0.98 | $0.83 | $0.91 | $0.53 | $0.60 | $1.93 | $0.79 | $0.49 | $0.50 | $0.33 | $0.12 | $0.02 | $0.02 | — | — | — |
| USD/shares | — | $0.85G | $0.95 | $0.97 | $0.82 | $0.89 | $0.52 | $0.58 | $1.88 | $0.77 | $0.49 | $0.49 | $0.32 | $0.11 | $0.02 | $0.02 | — | — | — |
| shares | — | 193.41M | 204.35M | 209.49M | 213.77M | 221.38M | 223.68M | 229.94M | 237.8M | 244.18M | 262.21M | 323.02M | 370.16M | 392.59M | 390.28M | 405.22M | 426.25M | 466.2M | — |
| shares | — | 194.03M | 205.61M | 211.53M | 215.84M | 224.41M | 228.01M | 235.08M | 244.96M | 252.29M | 266.71M | 328.73M | 376.18M | 398.68M | 392.14M | 407.18M | 427.2M | 466.69M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2026: $3.67B in buybacks, $1.49B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
Compare industry multiplesEV/Revenue
—
EV/EBIT
—
P/E (TTM)
9.97×
Restaurants median 26.77×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2018-12-30 | 2019-12-29 | 2021-01-03 | 2022-01-02 | 2023-01-01 | 2023-12-31 | 2024-12-29 | 2025-12-28 |
|---|---|---|---|---|---|---|---|---|
| Wendy's U.S. | $1,312,491,000 | $1,404,307,000 | $1,431,382,000 | $1,567,496,000 | $1,750,242,000 | $1,815,845,000 | $1,859,745,000 | $1,785,124,000 |
| Global Real Estate Development | $209,815,000 | $236,497,000 | $236,801,000 | $243,133,000 | $238,558,000 | $235,185,000 | $242,057,000 | $238,806,000 |
| Wendys International | $67,630,000 | $68,198,000 | $65,642,000 | $86,369,000 | $106,705,000 | $130,548,000 | $144,690,000 | $152,961,000 |
By Geography (USD)
| Component | 2018-12-30 | 2019-12-29 | 2021-01-03 | 2022-01-02 | 2023-01-01 | 2023-12-31 | 2024-12-29 | 2025-12-28 |
|---|---|---|---|---|---|---|---|---|
| United States | $1,495,639,000 | $1,606,619,000 | $1,635,696,000 | $1,771,997,000 | $1,946,005,000 | $2,007,727,000 | $2,056,329,000 | $1,977,842,000 |
| Non Us | $94,297,000 | $102,383,000 | $98,129,000 | $125,001,000 | $149,500,000 | $173,851,000 | $190,163,000 | $199,049,000 |
By Product & Service (USD)
| Component | 2018-12-30 | 2019-12-29 | 2021-01-03 | 2022-01-02 | 2023-01-01 | 2023-12-31 | 2024-12-29 | 2025-12-28 |
|---|---|---|---|---|---|---|---|---|
| Product | $651,577,000 | $707,485,000 | $722,764,000 | $734,074,000 | $896,585,000 | $930,083,000 | $925,905,000 | $916,325,000 |
| Franchise Royalty Revenue and Fees | $409,043,000 | $428,999,000 | $444,749,000 | $536,748,000 | $558,235,000 | $592,331,000 | $626,002,000 | $602,731,000 |
| Royalty | $377,946,000 | $400,700,000 | $416,508,000 | $460,709,000 | $485,488,000 | $512,159,000 | $528,388,000 | $504,547,000 |
| Advertising | $326,019,000 | $339,453,000 | $333,664,000 | $389,521,000 | $406,220,000 | $428,996,000 | $458,092,000 | $422,085,000 |
| Real Estate | — | — | — | $236,655,000 | $234,465,000 | $230,168,000 | $236,493,000 | $235,750,000 |
| Franchise | $31,097,000 | $28,299,000 | $28,241,000 | $76,039,000 | $72,747,000 | $80,172,000 | $97,614,000 | $98,184,000 |
| Franchise Fees | $31,097,000 | $28,299,000 | — | — | — | — | — | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2018-12-30 | 2019-12-29 | 2021-01-03 | 2022-01-02 | 2023-01-01 | 2023-12-31 | 2024-12-29 | 2025-12-28 |
|---|---|---|---|---|---|---|---|---|
| Wendy's U.S. | $355,455,000 | $369,193,000 | $393,314,000 | $450,117,000 | $480,498,000 | $528,352,000 | $525,954,000 | $489,096,000 |
| Global Real Estate Development | $110,632,000 | $107,116,000 | $100,731,000 | $106,113,000 | $108,700,000 | $103,484,000 | $108,587,000 | $110,350,000 |
| Wendys International | $25,597,000 | $20,246,000 | $20,119,000 | $27,386,000 | $30,432,000 | $35,704,000 | $43,268,000 | $43,134,000 |
Operating Margin by Segment (%)
| Component | 2018-12-30 | 2019-12-29 | 2021-01-03 | 2022-01-02 | 2023-01-01 | 2023-12-31 | 2024-12-29 | 2025-12-28 |
|---|---|---|---|---|---|---|---|---|
| Wendy's U.S. | 27.1% | 26.3% | 27.5% | 28.7% | 27.5% | 29.1% | 28.3% | 27.4% |
| Global Real Estate Development | 52.7% | 45.3% | 42.5% | 43.6% | 45.6% | 44% | 44.9% | 46.2% |
| Wendys International | 37.8% | 29.7% | 30.6% | 31.7% | 28.5% | 27.3% | 29.9% | 28.2% |