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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 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 |
| 2,201 | 2,177 | 2,246 | 2,182 | 2,096 | 1,897 | |
Revenue Growth | -0.32% | -3.10% | 2.98% | 4.11% | 10.46% | 9.41% |
Cost of Revenue | 1,489 | 1,421 | 1,456 | 1,405 | 1,375 | 1,199 |
Gross Profit | 711.95 | 755.87 | 790.01 | 776.47 | 720.76 | 698.26 |
Selling, General & Admin | 279.22 | 252.68 | 255.21 | 249.96 | 254.98 | 242.97 |
Amortization of Goodwill & Intangibles | 19.57 | 18.65 | 14.7 | 12.78 | 2.39 | - |
Other Operating Expenses | -11.74 | -6.86 | 0.09 | -2.95 | -5.66 | -3.27 |
Operating Expenses | 445.89 | 416.69 | 413.24 | 395.58 | 385.13 | 365.25 |
Operating Income | 266.06 | 339.18 | 376.77 | 380.89 | 335.63 | 333.01 |
Interest Expense | -160.57 | -153.98 | -153.07 | -155.47 | -153.62 | -139.83 |
Interest & Investment Income | 26.53 | 27.51 | 29.2 | 31.41 | 33.41 | 30.69 |
Earnings From Equity Investments | 11.41 | 11.22 | 11.61 | 10.82 | 9.42 | 11.2 |
Other Non Operating Income (Expenses) | 12 | 12.62 | 24.92 | 29.57 | 10.4 | 0.68 |
EBT Excluding Unusual Items | 155.44 | 236.55 | 289.44 | 297.21 | 235.24 | 235.75 |
Merger & Restructuring Charges | -2.72 | 0.13 | -8.53 | -9.2 | -0.7 | -8.55 |
Gain (Loss) on Sale of Investments | - | -1.72 | - | -10.36 | - | - |
Gain (Loss) on Sale of Assets | 3.43 | 1.03 | 1.22 | 0.88 | 6.78 | 33.55 |
Asset Writedown | -14.15 | -12.1 | -9.71 | -1.4 | -6.42 | -2.25 |
Other Unusual Items | -0.64 | 3.36 | - | 2.28 | - | -17.92 |
Pretax Income | 141.36 | 227.25 | 272.41 | 279.42 | 243.51 | 240.58 |
Income Tax Expense | 44.45 | 62.17 | 78.06 | 74.98 | 66.14 | 40.19 |
Earnings From Continuing Operations | 96.9 | 165.08 | 194.36 | 204.44 | 177.37 | 200.39 |
Net Income | 96.9 | 165.08 | 194.36 | 204.44 | 177.37 | 200.39 |
Net Income to Common | 96.9 | 165.08 | 194.36 | 204.44 | 177.37 | 200.39 |
Net Income Growth | -47.93% | -15.07% | -4.93% | 15.26% | -11.49% | 70.07% |
Shares Outstanding (Basic) | 190 | 193 | 204 | 209 | 214 | 221 |
Shares Outstanding (Diluted) | 191 | 194 | 206 | 212 | 216 | 224 |
Shares Change | -3.31% | -5.63% | -2.80% | -1.99% | -3.82% | -1.58% |
EPS (Basic) | 0.51 | 0.85 | 0.95 | 0.98 | 0.83 | 0.91 |
EPS (Diluted) | 0.51 | 0.85 | 0.95 | 0.97 | 0.82 | 0.89 |
EPS Growth | -46.26% | -10.53% | -2.06% | 18.29% | -7.87% | 71.15% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 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 | 221.62 | 242.62 | 260.92 | 260.4 | 174.36 | 267.79 |
Free Cash Flow Per Share | 1.16 | 1.25 | 1.27 | 1.23 | 0.81 | 1.19 |
Dividend Per Share | 0.490 | 0.670 | 1.000 | 1.000 | 0.500 | 0.430 |
Dividend Growth | -37.18% | -33.00% | 0% | 100.00% | 16.28% | 48.28% |
Gross Margin | 32.34% | 34.72% | 35.17% | 35.59% | 34.39% | 36.81% |
Operating Margin | 12.09% | 15.58% | 16.77% | 17.46% | 16.02% | 17.55% |
Profit Margin | 4.40% | 7.58% | 8.65% | 9.37% | 8.46% | 10.56% |
Free Cash Flow Margin | 10.07% | 11.14% | 11.62% | 11.94% | 8.32% | 14.12% |
EBITDA | 424.89 | 491.4 | 520.01 | 516.68 | 469.05 | 458.55 |
EBITDA Margin | 19.30% | 22.57% | 23.15% | 23.68% | 22.38% | 24.17% |
D&A For EBITDA | 158.83 | 152.22 | 143.23 | 135.79 | 133.41 | 125.54 |
EBIT | 266.06 | 339.18 | 376.77 | 380.89 | 335.63 | 333.01 |
EBIT Margin | 12.09% | 15.58% | 16.77% | 17.46% | 16.02% | 17.55% |
Effective Tax Rate | 31.45% | 27.36% | 28.65% | 26.83% | 27.16% | 16.70% |
Revenue as Reported | 2,201 | 2,177 | 2,246 | 2,182 | 2,096 | 1,897 |
Advertising Expenses | - | 40.33 | 39.05 | 38.84 | 37.42 | 31.62 |