Stocktoria

Wendy's Co WEN

Nasdaq · stock · Retail-Eating & Drinking Places · website · IPO 1993-11-17

Wendy's Co statistics & valuation

Market cap$1.3B
P / E7.8×
P / S0.6×
P / B11.0×
Dividend yield10.05%
Net margin7.6%
Return on equity140.6%
Net debt$2.5B
Net debt / EBITDA5×
Enterprise value USD$3.7B
EV / EBITDA7.6×
Earnings yield EBIT/EV9.2%
Return on capital7.5%
Graham number -60.7%$3.40

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($3.40); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.00% 15.90% 28.90% 8.00% 6.80% 10.60% 8.50% 9.40% 8.70% 7.60% 2017201720182019202120222023202320242025
Gross margin (%)
2017201720182019202120222023202320242025
Operating margin (%)
21.90% 17.60% 15.70% 15.40% 15.50% 19.30% 16.90% 17.50% 16.50% 15.80% 2017201720182019202120222023202320242025
Return on equity (%)
24.60% 33.80% 71.00% 26.50% 21.40% 45.90% 38.10% 66.00% 74.90% 140.60% 2017201720182019202120222023202320242025
Shares outstanding
266.7M 252.3M 245.0M 235.1M 228.0M 224.4M 215.8M 211.5M 205.6M 194.0M 2017201720182019202120222023202320242025
Net debt ($)
$1.90B $1.98B $1.94B $2.13B $2.11B $2.25B $2.29B $2.46B 2017201720182019202120222023202320242025
Share buybacks ($)
2017201720182019202120222023202320242025
Return on assets (%)
3.30% 4.70% 10.70% 2.70% 2.30% 3.90% 3.20% 3.90% 3.90% 3.30% 2017201720182019202120222023202320242025
Free cash flow margin (%)
2017201720182019202120222023202320242025
Debt / equity (×)
3.59× 4.42× 4.09× 5.46× 6.12× 8.92× 10.57× 23.51× 2017201720182019202120222023202320242025
EPS ($)
$0.49 $0.77 $1.88 $0.58 $0.52 $0.89 $0.82 $0.97 $0.95 $0.85 2017201720182019202120222023202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Wendy's Co trades at about 10.2× earnings — below its 10-year norm (10-year range 9.2×–39.2×, median 25.9×).

9.2× 39.2×

Shaded band = 10-year range (9.2×–39.2×); dot = today's 10.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2023FY2022FY2021FY2019FY2018FY2017FY2017
Operating margin15.8%16.5%17.5%16.9%19.3%15.5%15.4%15.7%17.6%21.9%
Net margin7.6%8.7%9.4%8.5%10.6%6.8%8.0%28.9%15.9%9.0%
Return on assets3.3%3.9%3.9%3.2%3.9%2.3%2.7%10.7%4.7%3.3%
Return on equity140.6%74.9%66.0%38.1%45.9%21.4%26.5%71.0%33.8%24.6%
Debt / equity23.51×10.57×8.92×6.12×5.46×4.09×4.42×3.59×——
Current ratio1.761.852.192.731.391.661.582.341.781.97

Computed from company filings · US · as of 2025-12-28. Facts plus Stocktoria's own computed scores — not investment advice.