Wendy's (WEN) Debt to Equity (2010 - 2026)
Wendy's posted quarterly Debt to Equity of $23.84 for Q1 2026, up 13.53% year-on-year from $21.0 in Q1 2025, and up 1.38% on a QoQ basis from $23.51 in Q4 2025.
Wendy's (WEN) has 17 years of Debt to Equity data on file, last reported at $23.84 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 13.53% year-over-year to $23.84; the trailing twelve-month figure through Mar 2026 stood at $23.84 (up 13.53% YoY), and the FY2025 full-year result was $23.51, up 122.55% from the prior year.
- Debt to Equity for Q1 2026 stood at $23.84, up from $23.51 in the prior quarter.
- Across five years, Debt to Equity topped out at $24.95 in Q3 2025 and bottomed at $5.46 in Q1 2022.
- The 5-year median for Debt to Equity is $9.15 (2023), against an average of $12.23.
- The widest annual swing landed in 2023, when Debt to Equity advanced 6.16%; it then surged 140.58% in 2025.
- A 5-year view of Debt to Equity shows it stood at $6.53 in 2022, then surged by 36.51% to $8.92 in 2023, then grew by 18.5% to $10.57 in 2024, then surged by 122.55% to $23.51 in 2025, then grew by 1.38% to $23.84 in 2026.
- The last three Debt to Equity figures came in at $23.84 (Q1 2026), $23.51 (Q4 2025), and $24.95 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | -1.78 |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | -1.64 |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | - |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 2.51 |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 0.14 |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 0.00 |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 0.03 |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | -1.25 |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | - |
| 10 | Wendy's | 1.49 Bn | 1.19 Bn | 339.59 Mn | 23.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 23.84 |
| Dec 28, 2025 | 23.51 |
| Sep 28, 2025 | 24.95 |
| Jun 29, 2025 | 24.18 |
| Mar 30, 2025 | 21.00 |
| Dec 29, 2024 | 10.57 |
| Sep 29, 2024 | 10.57 |
| Jun 30, 2024 | 10.05 |
| Mar 31, 2024 | 9.39 |
| Dec 31, 2023 | 8.92 |
| Oct 1, 2023 | 8.17 |
| Jul 2, 2023 | 7.19 |
| Apr 2, 2023 | 6.71 |
| Jan 1, 2023 | 6.12 |
| Oct 2, 2022 | 6.53 |
| Jul 3, 2022 | 6.77 |
| Apr 3, 2022 | 6.31 |
| Jan 2, 2022 | 5.46 |
| Oct 3, 2021 | 4.41 |
| Jul 4, 2021 | 4.22 |
| Apr 4, 2021 | 4.30 |
| Jan 3, 2021 | 4.09 |
| Sep 27, 2020 | 4.34 |
| Jun 28, 2020 | 4.93 |
| Mar 29, 2020 | 5.31 |
| Dec 29, 2019 | 4.42 |
| Sep 29, 2019 | 3.53 |
| Jun 30, 2019 | 3.55 |
| Mar 31, 2019 | 3.63 |
| Dec 30, 2018 | 3.59 |
| Sep 30, 2018 | 3.56 |
| Jul 1, 2018 | 6.51 |
| Apr 1, 2018 | 6.06 |
| Dec 31, 2017 | 4.81 |
| Oct 1, 2017 | 5.89 |
| Jul 2, 2017 | 5.60 |
| Apr 2, 2017 | 4.86 |
| Jan 1, 2017 | 4.76 |
| Oct 2, 2016 | 3.71 |
| Jul 3, 2016 | 3.62 |
| Apr 3, 2016 | 3.41 |
| Jan 3, 2016 | 3.22 |
| Sep 27, 2015 | 3.41 |
| Jun 28, 2015 | 1.38 |
| Mar 29, 2015 | 0.84 |
| Dec 28, 2014 | 0.84 |
| Sep 28, 2014 | 0.84 |
| Jun 29, 2014 | 0.83 |
| Mar 30, 2014 | 0.85 |
| Dec 29, 2013 | 0.76 |
| Sep 29, 2013 | 0.77 |
| Jun 30, 2013 | 0.75 |
| Mar 31, 2013 | 0.74 |
| Dec 30, 2012 | 0.73 |
| Sep 30, 2012 | 0.74 |
| Jul 1, 2012 | 0.70 |
| Apr 1, 2012 | 0.67 |
| Jan 1, 2012 | 0.68 |
| Oct 2, 2011 | 0.51 |
| Jul 3, 2011 | 0.00 |
| Apr 3, 2011 | 0.71 |
| Jan 2, 2011 | 0.73 |
| Oct 3, 2010 | 0.73 |
| Jul 4, 2010 | 0.73 |
| Jan 3, 2010 | 0.65 |