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Wendy's WEN Return on invested capital

Return on invested capital at other companies

McDonald's logo
McDonald'sMCD
24.6%+5.2pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
12.3%+3.4pp
BH
Biglari Holdings Inc.BH
-3.1%-10.1pp
Wingstop logo
WingstopWING
39.6%-1.6pp
Papa John's International logo
Papa John's InternationalPZZA
11.2%-10.6pp
Red Robin Gourmet Burgers logo
Red Robin Gourmet BurgersRRGB
-10.2%

Other financials

Income statement

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Revenue$570.6M+1.7%
Gross profit$363.3M-0.3%
Operating income$79.3M-24.0%
Net income$32.6M-40.8%
EPS (diluted)$0.17-41.4%

Balance sheet

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Cash & equivalents$394.8M+19.6%
Total debt$4.1B-0.4%
Total equity$120.5M+6.7%
Total assets$4.9B-0.2%

Cash flow

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Operating cash flow$100.6M+66.0%
CapEx$19.6M-8.5%
Free cash flow$81.0M+107%

Valuation

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Market cap$1.41B-25.4%
Enterprise value$5.09B-10.1%
P/E11.2×+1.3×
P/S0.6×-0.2×

Profitability

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Gross margin63%-2.1pp
Operating margin13.6%-3.4pp
Net margin5.7%-2.9pp
FCF margin12%+0.4pp

Returns & leverage

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Return on equity108%+8.7pp
Debt / equity33.8×-2.4×
Current ratio1.9×+0.5×

Where this comes from

Calculated from Wendy's’s reported figures.

Based on trailing twelve months.

The source filing: Wendy's’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000030697-26-000116

FAQ

What is Wendy's's return on invested capital?
Wendy's (WEN) reported return on invested capital of 5.5% in Q2 2026.
How has Wendy's's return on invested capital changed year-over-year?
Wendy's's return on invested capital decreased by 20.6% year-over-year, from 6.9% to 5.5%.
What is the long-term trend for Wendy's's return on invested capital?
Over 5 years (2020 to 2025), Wendy's's return on invested capital has grown at a 4.0% compound annual growth rate (CAGR), from 5.3% to 6.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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