Wendy's Co
Wendy's Co (WEN) is listed on NASDAQ and classified in Restaurants, part of the Consumer Cyclical sector. It is headquartered in Dublin, United States and has 4,967 employees. The company is worth $1.25B and trades at 9.5x its earnings of the last twelve months; the median for its sector is 17.7x. Revenue was $2.18B in fiscal 2025, down 3.1% from the year before. Net income was $165.08M. The share price is 35.1% below its 52-week high of $10.12. It pays a dividend yielding 7.46%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Prem Watsa (Fairfax Financial Holdings), at $66.29M. In that quarter, 2 of them opened or added to the position and 4 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -67.4% over 5Y.
today you would have $381.58▼ -61.8%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $8.33 | $16.30 | $19.48 | $22.63 | $23.85 | $21.92 | $22.21 | $15.61 | $16.42 | $13.52 | $10.77 | $9.03 | $8.72 | $4.70 | $5.36 | $4.62 | $4.69 | $4.94 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 10.3% a year plus a 7.5% dividend yield. Growth capped at 25%.
Median P/E of 17.7 among peers in the sector.
Median P/E of 26.8 across this company’s own years on record.
Cash flow growing 10.3% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 10.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 4.7% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Consumer Cyclical, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BJRIBJs RESTAURANTS INC | $58.79 | 31.4x | 3.1x | 0.00% | 10.44% | $1.25B |
| CRICarters Inc | $33.93 | 6.3x | 1.2x | 2.95% | 20.74% | $1.25B |
| MYEMyers Industries Inc | $32.83 | 24.3x | 4.0x | 1.64% | 17.15% | $1.24B |
| REALTheRealReal, Inc. | $10.48 |
| P/E | 26.8x | 9.8x | 17.2x | 20.1x | 27.6x | 26.8x | 42.2x | 38.3x | 8.3x | 21.3x | 27.6x | 22.0x | 28.2x | 79.3x | 235.0x | 268.0x | — | 469.0x | — |
| P/S | 1.7x | 0.7x | 1.5x | 1.8x | 2.3x | 2.7x | 2.8x | 2.9x | 2.3x | 3.2x | 2.3x | 1.6x | 1.7x | 1.3x | 0.7x | 0.9x | 0.8x | 0.9x | — |
| P/B | 6.3x | 13.5x | 12.6x | 12.9x | 10.3x | 11.8x | 8.9x | 9.6x | 5.5x | 6.9x | 6.3x | 3.9x | 1.9x | 1.7x | 0.9x | 1.0x | 0.9x | 0.9x | — |
| EPS | $0.85 | $0.95 | $0.97 | $0.82 | $0.89 | $0.52 | $0.58 | $1.88 | $0.77 | $0.49 | $0.49 | $0.32 | $0.11 | $0.02 | $0.02 | -$0.01 | $0.01 | — |
| Dividend yield | 2.08% | 8.04% | 6.13% | 5.13% | 2.21% | 1.80% | 1.32% | 1.89% | 2.18% | 1.71% | 1.81% | 2.09% | 2.27% | 2.06% | 2.13% | 1.49% | 1.41% | 1.28% | 5.13% |
| Payout | 68.24% | 78.82% | 105.26% | 103.09% | 60.98% | 48.31% | 55.77% | 72.41% | 18.09% | 36.36% | 50.00% | 45.92% | 64.06% | 163.64% | 500.00% | 400.00% | — | 600.00% | — |
| Profit margin | 7.80% | 7.58% | 8.65% | 9.37% | 8.46% | 10.56% | 6.80% | 8.01% | 28.94% | 15.86% | 9.03% | 8.62% | 6.08% | 1.88% | 0.28% | 0.41% | -0.18% | 0.21% | -26.32% |
| ROE | 23.00% | 140.63% | 74.94% | 66.00% | 38.09% | 45.92% | 21.44% | 26.52% | 70.96% | 33.85% | 24.56% | 21.40% | 7.07% | 2.36% | 0.36% | 0.49% | -0.20% | 0.22% | -20.13% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+182.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| — |
| 0.00% |
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| $1.28B |
| GTGoodyear Tire & Rubber Co | $4.43 | — | 0.4x | 0.00% | -61.53% | $1.28B |
| GIIIG III Apparel Group Ltd | $29.78 | 9.7x | 0.7x | 1.34% | 7.68% | $1.28B |