Wendy's WEN Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 63.6%-1.5pp | 65.1%+1.6pp | 63.6%+0.5pp | 63.1%-4.7pp | |
| Operating margin | 15.8%-0.8pp | 16.5%-1.0pp | 17.5%+0.6pp | 16.9%-2.5pp | |
| Net margin | 7.6%-1.1pp | 8.7%-0.7pp | 9.4%+0.9pp | 8.5%-2.1pp | |
| EBITDA margin | 22.8%-0.1pp | 22.9%-0.8pp | 23.7%+0.5pp | 23.2%-2.7pp | |
| Free cash flow margin | 11.1%-0.5pp | 11.6%-0.3pp | 11.9%+3.6pp | 8.3%-5.8pp | |
| Returns | |||||
| Return on equity | 87.6%+19.3pp | 68.3%+15.6pp | 52.7%+13.4pp | 39.3%-1.3pp | |
| Return on assets | 3.3%-0.5pp | 3.8%0.0pp | 3.8%+0.5pp | 3.3%-0.6pp | |
| Return on invested capital | 6.4%-0.4pp | 6.9%-0.3pp | 7.2%+0.6pp | 6.6%-1.3pp | |
| Efficiency | |||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Inventory turnover | 113.8×-4.7× | 118.5×+3.5× | 115×-3.4× | 118.4×+3.7× | |
| Liquidity | |||||
| Current ratio | 1.8×-0.1× | 1.9×-0.3× | 2.2×-0.5× | 2.7×+1.3× | |
| Quick ratio | 1.7×-0.1× | 1.8×-0.3× | 2.2×-0.5× | 2.7×+1.3× | |
| Cash ratio | 1×-0.2× | 1.3×-0.3× | 1.5×-0.6× | 2.1×+1.3× | |
| Leverage | |||||
| Debt-to-equity | 35.3×+19.5× | 15.8×+2.4× | 13.4×+4.2× | 9.2×+0.4× | |
| Debt-to-assets | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | |
| Net debt / EBITDA | 7.6×+0.7× | 7×+0.1× | 6.9×-0.2× | 7.1×0.0× | |
| Interest coverage | 2.7×-0.3× | 3×-0.1× | 3.1×+0.2× | 2.9×-0.5× | |
| Valuation | |||||
| Market capitalization | $1.4B-39.5% | $3.04B-22.4% | $3.92B-17.5% | $4.75B-6.5% | |
| Enterprise value | $5.15B-14.1% | $6.63B-11.2% | $7.47B-8.9% | $8.2B-4.3% | |
| Price / earnings | 9.4×-2.6× | 15.7×-3.5× | 19.2×-7.6× | 26.8×+1.4× | |
| Price / sales | 0.6×-0.4× | 1.4×-0.4× | 1.8×-0.5× | 2.3×-0.4× | |
| Price / book | 12.1×-5.6× | 11.7×-0.9× | 12.6×+2.4× | 10.2×-1.4× | |
| EV / EBITDA | 10.7×-0.9× | 12.9×-1.5× | 14.4×-2.4× | 16.8×-0.6× | |
| EV / sales | 2.3×-0.3× | 3×-0.5× | 3.4×-0.5× | 3.9×-0.6× | |
| Free cash flow yield | 15.9%+5.3pp | 8.6%+1.9pp | 6.6%+3.0pp | 3.7%-1.6pp | |
| Earnings yield | 10.6%+2.3pp | 6.4%+1.2pp | 5.2%+1.5pp | 3.7%-0.2pp | |
| Dividend yield | 7.6%-1.1pp | 6.7%+1.4pp | 5.3%+3.1pp | 2.2%+0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Wendy's's profit margins?
- Wendy's (WEN) runs a 63.3% gross margin and a 14.8% operating margin, with a 6.8% net margin.
- Where do Wendy's's ratios come from?
- Every ratio is computed from Wendy's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
