WEN - NASDAQ
The Wendy's Company
$7.21
-5.0%The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy's U.S., Wendy's International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 2, 2022, it operated approximately 403 company-operated restaurants; 5,535 franchised restaurants in the United States; and 1,006 franchised restaurants internationally. The company also owns and leases real estate properties. It owns 485 and leases 1,235 properties, which are leased or subleased to franchisees. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. The Wendy's Company was founded in 1969 and is headquartered in Dublin, Ohio.
At a Glance
Live SnapshotThe Wendy's Company Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.
FCF Growth Trend
Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.
Working Capital Impact
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
The Wendy's Company Cash Flow Statement
WEN • NASDAQ
| The Wendy's Company Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Jan 2023 | Dec 2022 | Jan 2022 | Dec 2021 | Jan 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
165.1M | 194.4M | 204.4M | 177.4M | 177.4M | 200.4M | 200.4M | 117.8M | 117.8M | 136.9M | 460.1M | 194M | 129.6M | 161.1M | 121.4M | 44.6M | 9.5M | 9.9M | -4.3M | 3.5M | |
170.9M | 157.9M | 148.6M | 135.8M | 135.8M | 125.5M | 125.5M | 132.8M | 132.8M | 131.7M | 128.9M | 125.7M | 124.3M | 153.7M | 159.9M | 200.2M | 154.2M | 145.3M | 182.2M | 190.3M | |
0.0 | -5.5M | -807K | 4.3M | 4.3M | -13.8M | -13.8M | 10.3M | 10.3M | 837K | -6.6M | -119.3M | -14.2M | 89M | 69.5M | 12.9M | -31.6M | 1.6M | -29.8M | -40.1M | |
14.6M | 23M | 23.7M | 24.5M | 24.5M | 22M | 22M | 18.9M | 18.9M | 18.7M | 17.9M | 20.9M | 18.1M | 23.2M | 28.2M | 19.6M | 11.5M | 17.7M | 13.7M | 15.3M | |
45.6M | 6.9M | -7.7M | -37M | -37M | -19M | -19M | -2M | -2M | -17.8M | -433.5M | 48.2M | -44.2M | -67.1M | -80.6M | 43.8M | 97M | 60.5M | 112.6M | 132.6M | |
(0.0) | (73.6M) | (75.2M) | (47.8M) | (47.8M) | (54.8M) | (54.8M) | (16.2M) | (16.2M) | (34.8M) | (102.8M) | (29.3M) | (77.6M) | (41.3M) | (15.8M) | (6.9M) | (10.1M) | (13.6M) | (14.3M) | (0.0) | |
-51.6M | -21.4M | -22.9M | -45.1M | -45.1M | 30.6M | 30.6M | 6.6M | 6.6M | 18.6M | 57.4M | -30.7M | -19.8M | -85.7M | -43.7M | 8.7M | -50.1M | 11.7M | -48.1M | -2.7M | |
344.5M | 355.3M | 345.4M | 259.9M | 259.9M | 345.8M | 345.8M | 284.4M | 284.4M | 288.9M | 224.2M | 238.8M | 193.8M | 274.3M | 254.8M | 329.8M | 190.4M | 246.7M | 226.3M | 298.8M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-101.9M | -94.4M | -85M | -85.5M | -85.5M | -78M | -78M | -69M | -69M | -74.5M | -69.9M | -81.7M | -150M | -251.6M | -298.5M | -224.2M | -197.6M | -146.8M | -148M | -101.9M | |
-16.9M | (0.0) | (2.1M) | (8.2M) | (8.2M) | -68M | -68M | (1.2M) | (1.2M) | -1.6M | -18.2M | -5.3M | (260M) | (281.6M) | (107.4M) | (144.5M) | -19.6M | (86.7M) | -3.1M | (7.9M) | |
(0.0) | (0.0) | (0.0) | -3.6M | -3.6M | -10M | -10M | (69M) | (69M) | (74.5M) | -13K | -375K | -172K | -2.1M | -1.2M | (19M) | (0.0) | -4.8M | (0.0) | (0.0) | |
0.0 | 0.0 | 31K | 0.0 | 0.0 | 63K | 63K | 169K | 169K | 24.5M | 450M | 4.1M | 890K | 621K | 2.2M | 2.7M | 27.9M | 0.0 | 32.2M | 38.1M | |
-32.1M | -34.9M | -3.7M | 3.1M | 3.1M | 1.2M | 1.2M | -69.6M | -69.6M | -77.8M | 959K | -9M | -3.6M | 6.9M | 2.2M | -18.6M | -159K | 6.7M | 6M | -3.4M | |
-150.8M | -129.3M | -86.5M | -77.8M | -77.8M | -154.7M | -154.7M | -68.3M | -68.3M | -54.9M | (362.9M) | -92.2M | (107.1M) | (35.4M) | -187.8M | -76.7M | -189.4M | -58.2M | -112.9M | -59.3M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-198.9M | -77.4M | -189.6M | -52M | -52M | -268.5M | -268.5M | -62.2M | -62.2M | -189.5M | -269.8M | -126.2M | -337M | -1.1B | -301.2M | -69.3M | 0.0 | -157.6M | -173.5M | -72.9M | |
-12.7M | -49.7M | -116.3M | 455.9M | 455.9M | 116M | 116M | -46.5M | -46.5M | -56.6M | 34.8M | -27M | -24.6M | 966.8M | -38.4M | -23.7M | 26.3M | -38.7M | 22.9M | 397.1M | |
-129.6M | -204.4M | -209.3M | -106.8M | -106.8M | -94.8M | -94.8M | -64.9M | -64.9M | -96.4M | -80.5M | -68.3M | -63.8M | -71.8M | -75.1M | -70.7M | -39M | -32.4M | -27.6M | -28M | |
-200.8M | -77.4M | -189.6M | -52M | -52M | -268.5M | -268.5M | -62.2M | -62.2M | -217.8M | -269.8M | -126.2M | -337M | -1.1B | -301.2M | -69.3M | (0.0) | -157.6M | -173.5M | -72.9M | |
-2.8M | 28.4M | 10.8M | -8.5M | -8.5M | 4.6M | 4.6M | -7.7M | -7.7M | 5.5M | 9.8M | 5.7M | 13.3M | -33.8M | 9.4M | 40.8M | -11.4M | 4M | -15.9M | -36.8M | |
-344M | -303.1M | -504.3M | 288.7M | 288.7M | -242.7M | -242.7M | -157.9M | -157.9M | -365.3M | -305.8M | -215.8M | -412.1M | -237.6M | -374.6M | -122.9M | -24.1M | -224.6M | -194.2M | 259.4M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-13.3M | -8.1M | 2.4M | -6M | -6M | 364K | 364K | 1.3M | 1.3M | 3.5M | -7.7M | 6.1M | 2.1M | -12.2M | -5.3M | -3.5M | 1.2M | -1.2M | 1.6M | 2.7M | |
-163.6M | -85.2M | -243M | 464.8M | 464.8M | -51.3M | -51.3M | 59.5M | 59.5M | -127.8M | 273.7M | -63.1M | -109M | 59.9M | -312.9M | 126.8M | -21.9M | -37.3M | -79.2M | 501.6M | |
503.6M | 588.8M | 831.8M | 367M | 367M | 418.2M | 418.2M | 358.7M | 358.7M | 486.5M | 212.8M | 275.9M | 385M | 267.3M | 580.2M | 453.4M | 475.2M | 512.5M | 591.7M | 90.1M | |
340M | 503.6M | 588.8M | 831.8M | 831.8M | 367M | 367M | 418.2M | 418.2M | 358.7M | 486.5M | 212.8M | 275.9M | 327.2M | 267.3M | 580.2M | 453.4M | 475.2M | 512.5M | 591.7M | |
242.6M | 260.9M | 260.4M | 174.4M | 174.4M | 267.8M | 267.8M | 215.4M | 215.4M | 214.5M | 154.4M | 157.1M | 43.8M | 22.7M | -43.7M | 105.6M | -7.2M | 100M | 78.3M | 196.9M |
SEC Filings
WEN - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 20, 2026 | May 17, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 08, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 02, 2026 | May 20, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 23, 2026 | December 28, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 18, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 13, 2026 | February 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 22, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 16, 2025 | December 15, 2025 | 2025 |
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