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Wendy's WEN Free cash flow

Free cash flow at other companies

McDonald's logo
McDonald'sMCD
$1.73B-7.8%
Yum! Brands logo
Yum! BrandsYUM
$341M+2.4%
Restaurant Brands International logo
Restaurant Brands InternationalQSR
$169M+213%
BH
Biglari Holdings Inc.BH
$13.37M+57.3%
Wingstop logo
WingstopWING
$43.66M+153%
Papa John's International logo
Papa John's InternationalPZZA
-$6.23M-133%

Other financials

Income statement

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Revenue$540.6M+3.3%
Gross profit$339.6M+1.3%
Operating income$64.9M-21.9%
Net income$22.7M-42.1%
EPS (diluted)$0.12-36.8%

Balance sheet

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Cash & equivalents$362.0M-6.9%
Total debt$4.1B+1.0%
Total equity$115.6M-11.3%
Total assets$4.9B+0.1%

Cash flow

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Operating cash flow$59.4M-30.5%
CapEx$11.9M-32.8%

Valuation

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Market cap$1.5B-47.3%
Enterprise value$5.25B-18.1%
P/E10.1×-4.8×
P/S0.7×-0.6×

Profitability

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Gross margin63.3%-1.8pp
Operating margin14.8%-1.9pp
Net margin6.8%-1.8pp
FCF margin10.1%-0.9pp

Returns & leverage

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Return on equity120.9%+30.5pp
Debt / equity35.6×+4.3×
Current ratio1.8×+0.3×

Where this comes from

Calculated from Wendy's’s reported figures.

The official record: Wendy's’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wendy's's free cash flow?
Wendy's (WEN) reported free cash flow of $47.51M in Q1 2026.
How has Wendy's's free cash flow changed year-over-year?
Wendy's's free cash flow decreased by 29.9% year-over-year, from $67.74M to $47.51M.
What is the long-term trend for Wendy's's free cash flow?
Over 4 years (2021 to 2025), Wendy's's free cash flow has grown at a -2.4% compound annual growth rate (CAGR), from $267.79M to $242.62M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.