ES
MARKETS / NASDAQ / WEN
NASDAQ · RETAIL-EATING & DRINKING PLACES · LARGE CAP

Wendy's Co. WEN

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$2.2B
▼ 3.1% vs FY2024
EPS · FY25
$0.85
Dividend / sh · FY25
$0.67
Payout · FY25
79%
ROE · FY25
87.6%
Net margin · FY25
7.6%
Dividend coverage
1.3×
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Result
USD 2.2B
Revenue, FY2025 · full 18-year series below
Revenue Net income
0.81.62.43.22.20.22008201120142017202020232025
0.81.62.43.22.20.22016201920222025

8 cents of every revenue dollar became profit this year.

Per share
USD 0.85
Diluted EPS, FY2025
EPS Dividend
0.81.62.40.670.852008201120142017202020232025
0.81.62.40.670.852016201920222025

Earnings covered the dividend 1.3 times — the rest stayed in the company.

Profitability
87.6%
Return on equity, FY2025
ROE
25507510087.6%2008201120142017202020232025
25507510087.6%2016201920222025
Operating margin15.8%
Net margin7.6%
Return on assets3.3%

Each USD of equity produced 88 cents of profit this year.

Returned to shareholders
USD 328.4M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 129.6M
Net buybacksUSD 198.8M
Share of profit199.0%
Consecutive raises—

USD 129.6M in dividends and USD 198.8M in buybacks — 199% of the year's profit, so the payout drew on cash built up earlier.

Growth
+4.7% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+1.3%
+4.7%
+1.5%
−0.6%
Net income
−2.4%
+7.0%
+0.2%
EPS, diluted
+1.2%
+10.3%
+5.7%
Dividend / share
+10.2%
+18.2%
+11.5%
+16.3%
Returned to shareholders
+28.8%
+25.9%
−11.7%
+3.4%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.19B
Shares outstanding, FY2025
0.270.192008201120142017202020232025
0.250.192016201920222025
Change, 5 years−15.1%
Change, 10 years−30.1%

The share count shrank 15% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 5.0B
total assets, end of FY2025
Total assetsUSD 5.0B
EquityUSD 117.4M
CashUSD 300.8M
Gross debtUSD 2.8B
Net debtUSD 2.5B
Current ratio1.76×

Net debt stands at 2095% of equity.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
2.2
2.2
2.2
2.1
1.9
1.7
1.7
1.6
1.2
1.4
1.9
2.0
2.4
2.5
2.4
2.4
2.4
1.8
Operating income $B
0.3
0.4
0.4
0.4
0.4
0.3
0.3
0.2
0.2
0.3
0.3
0.2
0.1
0.1
0.1
0.2
0.1
−0.4
EBITDA $B
0.5
0.5
0.5
0.5
0.5
0.4
0.4
0.4
0.3
0.4
0.4
0.4
0.3
0.3
0.3
0.3
0.2
−0.3
Income tax $B
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.1
−0.1
0.1
0.1
0.1
0.0
−0.0
0.0
−0.0
−0.0
−0.1
Net income $B
0.2
0.2
0.2
0.2
0.2
0.1
0.1
0.5
0.2
0.1
0.2
0.1
0.0
0.0
0.0
−0.0
0.0
−0.5
EPS, diluted $
0.85
0.95
0.97
0.82
0.89
0.52
0.58
1.88
0.77
0.49
0.49
0.32
0.11
0.02
0.02
−0.01
0.01
·
Dividend / sh $
0.67
1.00
1.00
0.50
0.43
0.29
0.42
0.34
0.28
0.24
0.23
0.20
0.18
0.10
0.08
0.07
0.06
0.26
Payout %
79
105
102
60
47
55
70
18
35
49
45
62
155
551
328
−639
553
−6
ROE %
87.6
68.3
52.7
39.3
40.6
22.1
23.5
75.3
35.2
20.2
13.0
6.7
2.4
·
·
·
·
·
Shares out B
0.19
0.20
0.21
0.21
0.22
0.22
0.22
0.23
0.24
0.25
0.27
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
51 of 51
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed