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The Wendy's Company (WEN)
NASDAQ: WEN · Real-Time Price · USD
8.18
-0.16 (-1.92%)
At close: Nov 12, 2026, 4:00 PM EST
8.15
-0.03 (-0.37%)
After-hours: Nov 12, 2026, 7:59 PM EST

The Wendy's Company Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Net Income
96.9165.08194.36204.44177.37200.39
Depreciation & Amortization
158.83152.22143.23135.79133.41125.54
Other Amortization
26.425.4721.5119.638.965.66
Asset Writedown & Restructuring Costs
13.1211.078.490.52-0.36-31.29
Loss (Gain) From Sale of Investments
----0.03--0.06
Loss (Gain) on Equity Investments
3.173.562.82.083.195.13
Stock-Based Compensation
16.5514.5723.0223.7524.5422.02
Other Operating Activities
-15.8124.13-16.72-17.88-42.1-12.22
Change in Accounts Receivable
-19.17-19.17-5.160.43-5.86-5.61
Change in Inventory
-0.47-0.470.140.44-1.2-0.87
Change in Accounts Payable
-8.93-8.931.03-8.83-1.537.59
Change in Other Net Operating Assets
37.65-22.98-17.39-14.92-36.5229.5
Operating Cash Flow
308.23344.54355.31345.42259.9345.77
Operating Cash Flow Growth
-10.37%-3.03%2.86%32.90%-24.83%21.60%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Capital Expenditures
-86.61-101.93-94.39-85.02-85.54-77.98
Sale of Property, Plant & Equipment
16.294.233.142.127.784.56
Cash Acquisitions
--16.85----123.07
Divestitures
-0.181.81-0.4650.56
Investment in Securities
---0.03--9.94
Other Investing Activities
-29.9-36.46-39.86-3.67-0.471.2
Investing Cash Flow
-100.22-150.83-129.31-86.55-77.78-154.67

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Long-Term Debt Issued
-475.5--5001,100
Long-Term Debt Repaid
--478.54-49.65-116.29-44.06-983.98
Net Debt Issued (Repaid)
-18.78-3.04-49.65-116.29455.94116.02
Issuance of Common Stock
-1.9232.8614.674.8730
Repurchase of Common Stock
-4.29-203.61-81.86-193.43-55.12-273.04
Common Dividends Paid
-93.32-129.59-204.44-209.25-106.78-94.85
Other Financing Activities
-10.27-9.67---10.23-20.87
Financing Cash Flow
-126.67-343.99-303.1-504.3288.67-242.74

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Foreign Exchange Rate Adjustments
-1.44.34-8.112.45-5.970.36
Net Cash Flow
79.94-145.94-85.21-242.99464.84-51.28

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Free Cash Flow
221.62242.62260.92260.4174.36267.79
Free Cash Flow Growth
-6.81%-7.02%0.20%49.34%-34.89%24.33%
Free Cash Flow Margin
10.07%11.14%11.62%11.94%8.32%14.12%
Free Cash Flow Per Share
1.161.251.271.230.811.19
Levered Free Cash Flow
191.33171.18232.99216.57178.61246.15
Unlevered Free Cash Flow
284.86260.59321.85306.89268.05327.88

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash Interest Paid
145.82145.82145.25146.88144.42133.28
Cash Income Tax Paid
49.1149.1173.675.1947.7754.78
Change in Working Capital
9.08-51.56-21.38-22.88-45.1130.6
SEC Filings: 10-K · 10-Q