Wendy's WEN Net debt / EBITDA

Net debt / EBITDA at other companies

McDonald'sMCD

4.1×-0.3×

Yum! BrandsYUM

0.8×+0.7×

Restaurant Brands InternationalQSR

5×-1.1×

BH

Biglari Holdings Inc.BH

11.1×+11.0×

WingstopWING

5×-0.5×

Papa John's InternationalPZZA

5.1×+0.8×

FAQ

What is Wendy's's net debt / EBITDA?

Wendy's (WEN) reported net debt / EBITDA of 8× in Q2 2026.

How has Wendy's's net debt / EBITDA changed year-over-year?

Wendy's's net debt / EBITDA increased by 11.6% year-over-year, from 7.2× to 8×.

What is the long-term trend for Wendy's's net debt / EBITDA?

Over 5 years (2020 to 2025), Wendy's's net debt / EBITDA has grown at a -1.2% compound annual growth rate (CAGR), from 8.1× to 7.6×.

What does net debt / EBITDA mean?

Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.