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Can Wendy's Digital Sales Momentum Offset Weak Traffic?WEN's is expanding digital sales, AI-powered ordering and menu innovation as it works to improve customer traffic.
The Wendy's Company(WEN)Earnings, Financials & Key Ratios
WEN•NASDAQ
$7.78
9.2× P/E·Price updated Jul 7, 2026
AboutThe Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy's U.S., Wendy's International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 2, 2022, it operated approximately 403 company-operated restaurants; 5,535 franchised restaurants in the United States; and 1,006 franchised restaurants internationally. The company also owns and leases real estate properties. It owns 485 and leases 1,235 properties, which are leased or subleased to franchisees. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. The Wendy's Company was founded in 1969 and is headquartered in Dublin, Ohio.Show more
- Revenue$2.18B-3.1%
- EBITDA$503M-4.9%
- Net Income$165M-15.1%
- EPS (Diluted)0.85-10.5%
- Gross Margin26.87%-23.6%
- EBITDA Margin23.11%-1.9%
- Operating Margin15.27%-7.7%
- Net Margin7.58%-12.4%
- ROE87.63%+28.3%
WEN Price & Volume
The Wendy's Company (WEN) stock price & volume — 10-year historical chart
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Volatile Revenue Growth Masks Structural Leverage Risks
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Moderate
Financial:Strained
Cash Flow:Stable
Primary Risk:Elevated Debt-to-Equity Ratio
Key Thesis Takeaways
- The Wendy's Company faces a challenging outlook characterized by inconsistent revenue growth, which contracted by 5.5% in 2025Q4, and a significantly eroded equity base that has fallen to $115.6M as of 2026Q1.
- While the company maintains a high dividend yield of 8.6%, aggressive capital allocation policies appear to be outpacing internal cash generation, as evidenced by a debt-to-equity ratio that has surged to 35.63.
- Investors should monitor the sustainability of these shareholder returns against the backdrop of persistent commodity cost sensitivity and the ongoing volatility in operating margins.
Verdict Logic
the company's aggressive capital return policy, evidenced by a dividend yield of 8.6%, appears unsustainable given the significant erosion of the equity base to $115.6M and the high debt-to-equity ratio of 35.63.
WEN Growth Metrics
The Wendy's Company (WEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.53%
5 Years4.66%
3 Years1.28%
TTM-1.84%
Profit CAGR
10 Years0.24%
5 Years6.98%
3 Years-2.37%
TTM-10.51%
EPS CAGR
10 Years5.66%
5 Years10.33%
3 Years1.2%
TTM-4.26%
Return on Capital
10 Years7.01%
5 Years7.58%
3 Years7.59%
Last Year7.19%
WEN Recent Earnings
The Wendy's Company (WEN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.12+20.0%
$0.10
Rev
$541M+4.4%
$518M
Q1 2026
Feb 13, 2026Metric
Actual
Est
EPS
$0.16+14.3%
$0.14
Rev
$543M+1.1%
$537M
Q4 2025
Nov 7, 2025Metric
Actual
Est
EPS
$0.24+20.0%
$0.20
Rev
$550M+2.3%
$537M
Q3 2025
Aug 8, 2025Metric
Actual
Est
EPS
$0.29+16.0%
$0.25
Rev
$561M+2.4%
$548M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.12vs $0.10+20.0% | $541Mvs $518M+4.4% |
| Q1 2026 | Feb 13, 2026 | $0.16vs $0.14+14.3% | $543Mvs $537M+1.1% |
| Q4 2025 | Nov 7, 2025 | $0.24vs $0.20+20.0% | $550Mvs $537M+2.3% |
| Q3 2025 | Aug 8, 2025 | $0.29vs $0.25+16.0% | $561Mvs $548M+2.4% |
Based on last 12 quarters of dataView full earnings history →
Latest WEN News
Recent stock market news and headlines for The Wendy's Company (WEN)
MarketBeat·1 day ago
2 Short Squeezes for Summer Speculation: What the Bears Are Getting WrongThe question is what happens when the short sellers get the story wrong. The answer is often a sharp stock price correction.
Zacks Investment Research·1 day ago
WEN Stock Up 28% in a Month: Should Investors Chase the Rally or Wait?Wendy's 28% gain in a month is fueled by retail-trader buzz, Project Fresh optimism and valuation appeal, but weak U.S. sales and cost inflation loom.
Zacks Investment Research·4 days ago
Wendy's Eyes China Expansion: Can It Unlock the Next Growth Cycle?WEN's China franchise deal for up to 1,000 restaurants offers a new growth catalyst as international sales rise and U.S. traffic pressures linger.
The Motley Fool·6 days ago
Don't Chase Wendy's Meme Stock Rally. Here Are 2 Restaurant Stocks With Actual Growth Stories.Wendy's (WEN +7.84%) becoming the next big meme stock wasn't exactly on my bingo card for 2026, but here we are. A surge of interest among Reddit (RDDT +14.24%) traders caused the beaten-down restaurant stock to soar by as much as 50% from its recent lows.
Peers Comparison
Key metrics vs top competitors for The Wendy's Company (WEN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $7.78 | $1.48B | 9.15 | -3.1% | 7.58% | 87.63% | 8.58% | |
| $282.21 | $200.51B | 23.62 | 3.72% | 31.62% | — | — | |
| $73.94 | $25.62B | 31.46 | 12.23% | 9.96% | 18.45% | — | |
| $15.68 | $299.07M | -3.72 | -6.75% | 2.82% | — | — | |
| $54.92 | $2.21B | 50.39 | 15.38% | 2.76% | 7.62% | — | |
| $10.38 | $2.87B | 16.48 | 16.43% | 20.69% | 18.54% | — |
Compare WEN vs Peers
The Wendy's Company (WEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WEN SEC Filings & Documents
The Wendy's Company (WEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 8, 2026·SEC
Material company update
Feb 18, 2026·SEC
Material company update
Feb 13, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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WEN Frequently Asked Questions
The Wendy's Company (WEN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is The Wendy's Company's revenue?
The Wendy's Company (WEN) reported $2.19B in revenue for fiscal year 2025. This represents a 152% increase from $870.9M in 1996.
How fast is The Wendy's Company growing?
The Wendy's Company (WEN) saw revenue decline by 3.1% over the past year.
Is WEN profitable?
Yes, The Wendy's Company (WEN) is profitable, generating $171.5M in net income for fiscal year 2025 (7.6% net margin).
Dividend & Returns
Does WEN pay dividends?
Yes, The Wendy's Company (WEN) pays a dividend with a yield of 8.58%. This makes it attractive for income-focused investors.
What is WEN's return on equity?
The Wendy's Company (WEN) has a return on equity (ROE) of 87.6%. This is excellent, indicating efficient use of shareholder capital.
What is The Wendy's Company's free cash flow?
The Wendy's Company (WEN) generated $222.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.