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WEN (The Wendy's Co) Enterprise Value : $5,723 Mil (As of Jul. 23, 2025) ***


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What is The Wendy's Co Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, The Wendy's Co's Enterprise Value is $5,723 Mil. The Wendy's Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was $395 Mil. Therefore, The Wendy's Co's EV-to-EBIT ratio for today is 14.50.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, The Wendy's Co's Enterprise Value is $5,723 Mil. The Wendy's Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was $554 Mil. Therefore, The Wendy's Co's EV-to-EBITDA ratio for today is 10.32.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, The Wendy's Co's Enterprise Value is $5,723 Mil. The Wendy's Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was $2,235 Mil. Therefore, The Wendy's Co's EV-to-Revenue ratio for today is 2.56.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, The Wendy's Co's Enterprise Value is $5,723 Mil. The Wendy's Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was $246 Mil. Therefore, The Wendy's Co's EV-to-FCF ratio for today is 23.26.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


The Wendy's Co Enterprise Value Historical Data

The historical data trend for The Wendy's Co's Enterprise Value 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 Enterprise Value Chart

The Wendy's Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,284.94 8,754.97 8,358.40 7,624.87 6,964.55

The Wendy's Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,490.23 7,100.58 7,173.97 6,964.55 6,606.08

Competitive Comparison of The Wendy's Co's Enterprise Value

For the Restaurants subindustry, The Wendy's Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where The Wendy's Co's Enterprise Value falls into.


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The Wendy's Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

The Wendy's Co's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

The Wendy's Co's Enterprise Value for the quarter that ended in Mar. 2025 is calculated as

* 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.


The Wendy's Co  (NAS:WEN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

The Wendy's Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5722.555/394.696
=14.50

The Wendy's Co's current Enterprise Value is $5,723 Mil.
The Wendy's Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $395 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

The Wendy's Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5722.555/554.287
=10.32

The Wendy's Co's current Enterprise Value is $5,723 Mil.
The Wendy's Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $554 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

The Wendy's Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5722.555/2235.211
=2.56

The Wendy's Co's current Enterprise Value is $5,723 Mil.
The Wendy's Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,235 Mil.

4. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

The Wendy's Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5722.555/246.022
=23.26

The Wendy's Co's current Enterprise Value is $5,723 Mil.
The Wendy's Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $246 Mil.

* 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.


The Wendy's Co Enterprise Value Related Terms

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The Wendy's Co Business Description

Traded in Other Exchanges
Address
One Dave Thomas Boulevard, Dublin, OH, USA, 43017
The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $12.6 billion in 2024, narrowly edging Burger King ($11.5 billion) and clocking in well behind wide-moat McDonald's ($51.1 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 more than 7,200 total stores in 30 countries as of year-end 2024. 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 roughly 94% of stores, and through franchise flipping and advisory fees.
Executives
O'brien Matthew Coley officer: Chief People Officer ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Abigail E. Pringle officer: Pres Intl & Chf Developmnt Ofc ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Kenneth W Gilbert director C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Mich J Mathews-spradlin director ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Liliana Esposito officer: Chief Communications Officer ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Trian Fund Management, L.p. other: Schedule 13D Filer 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Kristin A Dolan director C/O MSG TWO PENN PLAZA, 26TH FLOOR, NEW YORK NY 10121
Juan Carlos Loredo officer: Global Chief Marketing Officer C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Joseph A Levato director C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Michelle Caruso-cabrera director C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Nelson Peltz director, 10 percent owner, officer: Chairman and CEO 223 SUNSET AVENUE, PALM BEACH FL 33480
Edward P Garden officer: Executive Vice President 223 SUNSET AVENUE, PALM BEACH FL 33480
Peter W May director, 10 percent owner, officer: President and COO 223 SUNSET AVENUE, PALM BEACH FL 33480
Matthew H. Peltz director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Trian Partners Master Fund, L.p. other: Schedule 13D Filer 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017