The Wendy's Company (WEN)
NASDAQ: WEN · Real-Time Price · USD
7.36
0.00 (0.00%)
At close: Jul 31, 2026, 4:00 PM EDT
7.35
-0.01 (-0.14%)
After-hours: Jul 31, 2026, 7:56 PM EDT
The Wendy's Company Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | 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 |
Net Income | 148.56 | 165.08 | 194.36 | 204.44 | 177.37 | 200.39 |
Depreciation & Amortization | 175.49 | 170.87 | 157.94 | 148.57 | 135.81 | 125.54 |
Stock-Based Compensation | 14.25 | 14.57 | 23.02 | 23.75 | 24.54 | 22.02 |
Other Adjustments | 53.31 | 94.81 | 50.29 | 38.76 | 12.98 | 12.82 |
Change in Receivables | - | -19.17 | -5.16 | 0.43 | -5.86 | -5.61 |
Changes in Inventories | - | -0.47 | 0.14 | 0.44 | -1.2 | -0.87 |
Changes in Accounts Payable | - | -8.93 | 1.03 | -8.83 | -1.53 | 7.59 |
Changes in Accrued Expenses | - | -17.63 | 5.14 | 3.96 | -12.78 | 21.38 |
Changes in Other Operating Activities | -74.04 | -54.58 | -71.44 | -66.09 | -69.42 | -37.48 |
Operating Cash Flow | 318.52 | 344.54 | 355.31 | 345.42 | 259.9 | 345.77 |
Operating Cash Flow Growth | -6.52% | -3.03% | 2.86% | 32.90% | -24.83% | 21.60% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | 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 |
Capital Expenditures | -96.13 | -101.93 | -94.39 | -85.02 | -85.54 | -77.98 |
Sale of Property, Plant & Equipment | 2.74 | - | - | 2.12 | 8.24 | 55.12 |
Purchases of Investments | - | - | - | - | - | -10 |
Proceeds from Sale of Investments | - | 4.41 | 4.95 | 0.03 | - | 0.06 |
Cash Acquisitions | - | -16.85 | - | - | - | -123.07 |
Other Investing Activities | -37.18 | -36.46 | -39.86 | -3.67 | -0.47 | 1.2 |
Investing Cash Flow | -143.01 | -150.83 | -129.31 | -86.55 | -77.78 | -154.67 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | 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 |
Long-Term Debt Issued | 475.6 | 475.5 | - | - | 500 | 1,100 |
Long-Term Debt Repaid | -486 | -478.54 | -49.65 | -116.29 | -44.06 | -983.98 |
Net Long-Term Debt Issued (Repaid) | -10.4 | -3.04 | -49.65 | -116.29 | 455.94 | 116.02 |
Issuance of Common Stock | 1.64 | 1.92 | 32.86 | 14.67 | 4.87 | 30 |
Repurchase of Common Stock | -79.92 | -203.61 | -81.86 | -193.43 | -55.12 | -273.04 |
Net Common Stock Issued (Repurchased) | -78.28 | -201.69 | -49 | -178.76 | -50.25 | -243.04 |
Common Dividends Paid | -106.8 | -129.59 | -204.44 | -209.25 | -106.78 | -94.85 |
Other Financing Activities | - | -9.67 | - | - | -10.23 | -20.87 |
Financing Cash Flow | -205.15 | -343.99 | -303.1 | -504.3 | 288.67 | -242.74 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | 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 |
Foreign Exchange Rate Adjustments | 2.71 | 4.34 | -8.11 | 2.45 | -5.97 | 0.36 |
Net Cash Flow | -26.93 | -145.94 | -85.21 | -242.99 | 464.84 | -51.28 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | 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 |
Free Cash Flow | 222.39 | 242.62 | 260.92 | 260.4 | 174.36 | 267.79 |
Free Cash Flow Growth | -9.61% | -7.02% | 0.20% | 49.34% | -34.89% | 24.33% |
FCF Margin | 10.14% | 11.15% | 11.61% | 11.94% | 8.32% | 14.12% |
Free Cash Flow Per Share | 1.16 | 1.25 | 1.27 | 1.23 | 0.81 | 1.19 |
Levered Free Cash Flow | 308.72 | 309.91 | 312.78 | 234.49 | 708.53 | 433.86 |
Unlevered Free Cash Flow | 418.82 | 410.52 | 443.91 | 435.58 | 341.85 | 428.35 |