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Wendy's WEN Global Real Estate & Development — Segment profit

Other segment segments

Wendy's International
$11.92M-9.9%

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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

Reported directly by Wendy's in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000030697-26-000116
Line itemThree Months Ended / June 28,2026Three Months Ended / June 29,2025Six Months Ended / June 28,2026Six Months Ended / June 29,2025
Global Real Estate & Development revenue$53,708$60,937$113,259$120,074
Global Real Estate & Development expense
Franchise rental expense28,03932,63058,21563,331
General and administrative3,1042,6508,4017,870
Other segment items (a)(4,898)(1,627)(8,872)(3,087)
Global Real Estate & Development adjusted EBITDA$27,463$27,284$55,515$51,960

Item 1. Financial Statements.

FAQ

What is Wendy's's global real estate & development — segment profit?
Wendy's (WEN) reported global real estate & development — segment profit of $27.46M in Q2 2026.
How has Wendy's's global real estate & development — segment profit changed year-over-year?
Wendy's's global real estate & development — segment profit increased by 0.7% year-over-year, from $27.28M to $27.46M.
What is the long-term trend for Wendy's's global real estate & development — segment profit?
Over 4 years (2021 to 2025), Wendy's's global real estate & development — segment profit has grown at a 1.0% compound annual growth rate (CAGR), from $106.11M to $110.35M.
What does global real estate & development — segment profit mean?
Measures the operating profitability of the real estate and development segment after accounting for direct revenues and associated operating expenses. It serves as a key indicator of the segment's contribution to the company's overall operating income and financial health.

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