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WEN - The Wendy's Company

NASDAQ -> Consumer Cyclical -> Restaurants
Dublin, United States
Type: Equity

WEN price evolution
WEN
(in millions $) 31 Dec 2023 30 Oct 2023 30 Jul 2023 1 May 2023
Current assets
Cash $551.88 $634.75 $671.52 $712.82
Short term investments
Net receivables $121.68 $142.59 $136.34 $116.43
Inventory $6.69 $6.55 $6.45 $7.13
Total current assets $837.65 $967.45 $1003.4 $1058.28
Long term investments $348.11 $348.41 $351.83 $356.85
Property, plant & equipment $1825.63 $1845.15 $1856.08 $1884.85
Goodwill & intangible assets $1992.86 $1998.48 $2005.51 $2012.67
Total noncurrent assets $4345.17 $4364.4 $4386.31 $4404.63
Total investments $348.11 $348.41 $351.83 $356.85
Total assets $5182.83 $5353.75 $5408.03 $5499.34
Current liabilities
Accounts payable $27.37 $38.64 $45.34 $44
Deferred revenue $90.13 $89.36 $89.73 $88.16
Short long term debt $98.85 $98.14 $97.62 $96.75
Total current liabilities $381.93 $389.92 $399.53 $388
Long term debt $4040.92 $3348.57 $3354.34 $3394.07
Total noncurrent liabilities $4491.12 $4542.68 $4572.72 $4588.94
Total debt $4139.77 $4186.4 $4210.82 $4228.48
Total liabilities $4873.05 $4962.64 $4988.47 $5033.62
Shareholders' equity
Retained earnings $409.86 $408.45 $401.44 $414.75
Other shareholder equity -$58.38 -$59.07 -$64.02 -$64.18
Total shareholder equity $309.78 $342.56 $391.12 $419.56
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $551.88 $185.21 $276.97 $340.96
Short term investments
Net receivables $121.68 $116.43 $119.54 $109.89
Inventory $6.69 $7.13 $5.93 $4.73
Total current assets $837.65 $1058.28 $592.85 $687.62
Long term investments $348.11 $363.37 $349.58 $312.8
Property, plant & equipment $1825.63 $1884.85 $1963.77 $1943.52
Goodwill & intangible assets $1992.86 $2021.89 $2056.07 $1976.01
Total noncurrent assets $4345.17 $4441.06 $4508.54 $4352.38
Total investments $348.11 $363.37 $349.58 $312.8
Total assets $5182.83 $5499.34 $5101.39 $5040.01
Current liabilities
Accounts payable $27.37 $44 $41.16 $31.06
Deferred revenue $90.13 $90.23 $88.1 $89.09
Short long term debt $98.85 $95.69 $87.08 $86.41
Total current liabilities $381.93 $388 $426.93 $413.31
Long term debt $4040.92 $3394.07 $3769.33 $3589.56
Total noncurrent liabilities $4491.12 $4645.63 $4238.06 $4077.1
Total debt $4139.77 $4281.81 $3856.41 $3675.98
Total liabilities $4873.05 $5033.62 $4664.99 $4490.41
Shareholders' equity
Retained earnings $409.86 $414.75 $344.2 $238.67
Other shareholder equity -$58.38 -$64.18 -$48.2 -$49.64
Total shareholder equity $309.78 $465.72 $436.4 $549.6
(in millions $) 31 Dec 2023 2 Aug 2023 2 May 2023 1 Feb 2023
Revenue
Total revenue $540.65 $561.57 $528.81 $536.51
Cost of revenue $336.72
Gross Profit $203.93 $354.31 $326.88 $337.08
Operating activities
Research & development
Selling, general & administrative $65.66
Total operating expenses $117.3 $245.28 $237.62 $254.5
Operating income $86.63
Income from continuing operations
EBIT $97.55
Income tax expense $20.35 $19.25 $15.46 $16.88
Interest expense $30.26 -$37.96 -$33.17 -$29.41
Net income
Net income $46.94 $59.63 $39.82 $41.27
Income (for common shares) $46.94
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $2181.58 $2095.51 $1897 $1733.83
Cost of revenue $1347.87 $1328.01 $1155.84 $1085.88
Gross Profit $833.71 $767.49 $741.16 $647.95
Operating activities
Research & development
Selling, general & administrative $249.96 $254.98 $242.97 $206.88
Total operating expenses $451.73 $414.18 $374.2 $378.64
Operating income $381.98 $353.31 $366.96 $269.31
Income from continuing operations
EBIT $403.48 $365.82 $349.76 $270.53
Income tax expense $74.98 $66.14 $40.19 $34.96
Interest expense $124.06 $122.32 $109.19 $117.74
Net income
Net income $204.44 $177.37 $200.39 $117.83
Income (for common shares) $204.44 $177.37 $200.39 $117.83
(in millions $) 31 Dec 2023 2 Aug 2023 2 May 2023 1 Feb 2023
Net income $46.94
Operating activities
Depreciation $39.62
Business acquisitions & disposals $1.83
Stock-based compensation $6.98
Total cash flows from operations $75.89
Investing activities
Capital expenditures -$29.33
Investments -$3.52
Total cash flows from investing -$31.02 -$28.94 -$12.06 -$77.78
Financing activities
Dividends paid -$51.38 -$105.72 -$53.1 -$106.78
Sale and purchase of stock -$41.59
Net borrowings -$38.06
Total cash flows from financing -$131.08 -$246.28 -$132.28 $288.67
Effect of exchange rate $2.14 $2.16 $0.13 -$5.97
Change in cash and equivalents -$84.06 -$131.56 -$91.23 $464.83
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $204.44 $177.37 $200.39 $117.83
Operating activities
Depreciation $148.57 $135.81 $125.54 $132.78
Business acquisitions & disposals $2.12 $8.24 -$67.95 $1.21
Stock-based compensation $23.75 $24.54 $22.02 $18.93
Total cash flows from operations $345.42 $259.9 $345.77 $284.36
Investing activities
Capital expenditures -$85.02 -$85.54 -$77.98 -$68.97
Investments -$3.64 -$0.47 -$8.73 -$0.49
Total cash flows from investing -$86.55 -$77.78 -$154.67 -$68.25
Financing activities
Dividends paid -$209.25 -$106.78 -$94.85 -$64.87
Sale and purchase of stock -$174.89 -$47.09 -$238.53 -$38.81
Net borrowings -$116.29 $455.94 $116.02 -$46.53
Total cash flows from financing -$504.3 $288.67 -$242.74 -$157.91
Effect of exchange rate $2.45 -$5.97 $0.36 $1.33
Change in cash and equivalents -$242.99 $464.83 -$51.27 $59.53
Fundamentals
Market cap $3.88B
Enterprise value $7.47B
Shares outstanding 205.40M
Revenue $2.17B
EBITDA N/A
EBIT N/A
Net Income $187.67M
Revenue Q/Q 1.52%
Revenue Y/Y N/A
P/E ratio 20.69
EV/Sales 3.45
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.79
P/B ratio 10.54
Book/Share 1.79
Cash/Share 2.69
EPS $0.91
ROA 3.50%
ROE 51.31%
Debt/Equity 15.73
Net debt/EBITDA N/A
Current ratio 2.19
Quick ratio 2.18