The Wendy's Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Cash & Equivalents	300.83	450.51	516.04	745.89	249.44
Cash & Short-Term Investments	300.83	450.51	516.04	745.89	249.44
Cash Growth	-33.22%	-12.70%	-30.82%	199.03%	-18.75%
Accounts Receivable	117.33	96.34	98.94	113.19	173.14
Other Receivables	-	3.59	22.74	3.24	11.9
Receivables	117.33	99.93	121.68	116.43	185.04
Inventory	7.39	6.53	6.69	7.13	5.93
Prepaid Expenses	55.41	42.73	36.95	25.3	27.04
Restricted Cash	39.21	34.48	35.85	35.2	117.53
Other Current Assets	97.87	101.96	120.44	128.33	7.87
Total Current Assets	618.04	736.14	837.65	1,058	592.85
Property, Plant & Equipment	1,893	1,833	1,826	1,885	1,964
Long-Term Investments	25.23	29.01	34.45	46.03	49.87
Goodwill	774.09	771.47	773.73	773.09	775.28
Other Intangible Assets	1,171	1,192	1,219	1,249	1,281
Long-Term Accounts Receivable	284.89	288.05	313.66	321.23	303.91
Other Long-Term Assets	190.42	185.4	178.58	167.07	134.93
Total Assets	4,957	5,035	5,183	5,499	5,101
Accounts Payable	30.45	28.46	27.37	44	41.16
Accrued Expenses	116.66	45.31	44.63	39.25	63.84
Current Portion of Long-Term Debt	29.75	78.16	29.25	29.25	24.25
Current Portion of Leases	77.79	72.58	69.6	66.44	62.83
Current Income Taxes Payable	-	28.5	28.13	30.16	28.14
Other Current Liabilities	96.45	144.63	182.95	178.91	206.71
Total Current Liabilities	351.1	397.63	381.93	388	426.93
Long-Term Debt	2,731	2,662	2,733	2,822	2,356
Long-Term Leases	1,307	1,280	1,308	1,364	1,413
Long-Term Unearned Revenue	87.96	88.39	90.13	90.23	88.1
Long-Term Deferred Tax Liabilities	287.75	263.42	270.35	270.42	267.71
Other Long-Term Liabilities	74.89	84.23	89.71	98.85	112.92
Total Liabilities	4,839	4,775	4,873	5,034	4,665
Common Stock	47.04	47.04	47.04	47.04	47.04
Additional Paid-In Capital	2,986	2,982	2,960	2,938	2,899
Retained Earnings	435.12	399.7	409.86	414.75	344.2
Treasury Stock	-3,287	-3,095	-3,049	-2,870	-2,805
Comprehensive Income & Other	-63.97	-74.75	-58.38	-64.18	-48.2
Shareholders' Equity	117.38	259.35	309.78	465.72	436.41
Total Liabilities & Equity	4,957	5,035	5,183	5,499	5,101
Total Debt	4,145	4,093	4,140	4,282	3,856
Net Cash (Debt)	-3,844	-3,642	-3,624	-3,536	-3,607
Net Cash Per Share	-19.81	-17.71	-17.13	-16.38	-16.07
Filing Date Shares Outstanding	190.4	200.49	205.47	212.59	215.23
Total Common Shares Outstanding	190.32	203.83	205.4	213.1	215.85
Working Capital	266.94	338.51	455.72	670.28	165.92
Book Value Per Share	0.62	1.27	1.51	2.19	2.02
Tangible Book Value	-1,827	-1,704	-1,683	-1,556	-1,620
Tangible Book Value Per Share	-9.60	-8.36	-8.19	-7.30	-7.50
Land	-	379.58	373.63	371.35	370.74
Buildings	-	534.05	519.24	510.69	504.46
Machinery	-	362.31	344.62	314.22	282.77
Leasehold Improvements	-	453.38	432.05	422.33	422.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.