The Wendy's Co (FRA:TQK) EBIT : €360 Mil (TTM As of Sep. 2024)

View and export this data going back to 1981. Start your Free Trial

What is The Wendy's Co EBIT?

The Wendy's Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €360 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Wendy's Co's annualized ROC % for the quarter that ended in Sep. 2024 was 5.67%. The Wendy's Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 21.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Wendy's Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.29%.

The Wendy's Co EBIT Historical Data

The historical data trend for The Wendy's Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Wendy's Co EBIT Chart

The Wendy's Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

258.71

222.38

309.54

345.34

369.99

The Wendy's Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															102.06	89.46	80.95	98.31	90.93

Competitive Comparison of The Wendy's Co's EBIT

For the Restaurants subindustry, The Wendy's Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Wendy's Co's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Wendy's Co's EV-to-EBIT falls into.

The Wendy's Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €360 Mil.

The Wendy's Co (FRA:TQK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Wendy's Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	324.408 * ( 1 - 27.89% )	/	( (4199.309	+	4059.276)	/ 2 )
=	233.9306088	/	4129.2925
=	5.67 %

where

	Invested Capital		(Q: Jun. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4726.905	-	132.125	-	( 432.439	-	max(0, 338.958	-	734.429	+	432.439	))
=	4199.309

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4570.974	-	142.161	-	( 434.484	-	max(0, 336.138	-	705.675	+	434.484	))
=	4059.276

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

The Wendy's Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	363.72	/	( ( (1684.49 + max(56.305, 0))	+	(1636.456 + max(26.757, 0)) )	/	2 )
=	363.72	/	( ( 1740.795	+	1663.213 )	/	2 )
=	363.72	/	1702.004
=	21.37 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(109.316	+	5.926	+	186.748)	-	(132.125	+	0	+	113.56)
=	56.305

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(100.383	+	5.632	+	165.176)	-	(142.161	+	0	+	102.273)
=	26.757

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Wendy's Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	359.643	/	6801.899
	=	5.29 %

The Wendy's Co EBIT Related Terms

Thank you for viewing the detailed overview of The Wendy's Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

The Wendy's Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » The Wendy's Co (FRA:TQK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

WEN:USA

Address

One Dave Thomas Boulevard, Dublin, OH, USA, 43017

Website

https://www.wendys.com

The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $12.3 billion in 2023, narrowly edging Burger King ($11.5 billion) and clocking in well behind wide-moat McDonald's ($53.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,157 total stores in 30 countries as of year-end 2023. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.

The Wendy's Co Headlines

No Headlines