The Wendy's Company
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 1.90B | 2.10B | 2.18B | 2.25B | 2.18B | -3.1% | |
| Cost of Revenue | (1.36B) | (1.37B) | (1.41B) | (1.46B) | (1.59B) | 9.3% | |
Gross Profit | 536.66M | 720.76M | 776.47M | 790.01M | 585.00M | -26.0% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (81.40M) | (254.98M) | (249.96M) | (255.21M) | (252.68M) | -1.0% | |
| General & Administrative | (81.40M) | (254.98M) | (249.96M) | (255.21M) | (252.68M) | -1.0% | |
| Depreciation & Amortization | (125.54M) | (135.81M) | (148.57M) | (157.94M) | (170.87M) | 8.2% | |
Operating Income (EBIT) | 366.96M | 353.31M | 381.98M | 371.36M | 332.32M | -10.5% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | — | — | 1.72M | — | |
| Interest Expense | (109.19M) | (122.32M) | (124.06M) | (123.88M) | (126.47M) | 2.1% | |
| Other Income/Expenses (Net) | -126.38M | -109.81M | -102.57M | -98.95M | -105.07M | 6.2% | |
Income Before Tax | 240.58M | 243.50M | 279.42M | 272.41M | 227.25M | -16.6% | |
| Income Tax Expense | (40.19M) | (66.14M) | (74.98M) | (78.06M) | (62.17M) | -20.4% | |
Net Income | 200.39M | 177.37M | 204.44M | 194.36M | 165.07M | -15.1% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $1 | $1 | $1 | $1 | $1 | -10.5% | |
| Weighted Avg Shares Outstanding | 221.38M | 213.77M | 209.49M | 204.35M | 194.21M | -5.0% | |
| Weighted Avg Shares Outstanding (Diluted) | 224.41M | 215.84M | 211.53M | 205.61M | 194.03M | -5.6% | |
EBITDA | 475.30M | 501.63M | 552.05M | 554.23M | 524.58M | -5.3% |
Explore WEN
WEN in the Consumer Cyclical
Small Cap