KPIs & Operating Metrics(New)
Growth Metrics

Wendy's (WEN) Debt to Equity (2016 - 2025)

Wendy's' Debt to Equity history spans 16 years, with the latest figure at $23.51 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 122.55% year-over-year to $23.51; the TTM value through Dec 2025 reached $23.51, up 122.55%, while the annual FY2025 figure was $23.51, 122.55% up from the prior year.
  • Debt to Equity reached $23.51 in Q4 2025 per WEN's latest filing, down from $24.95 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $24.95 in Q3 2025 to a low of $4.09 in Q1 2021.
  • Average Debt to Equity over 5 years is $10.16, with a median of $7.19 recorded in 2023.
  • Peak YoY movement for Debt to Equity: dropped 19.11% in 2021, then soared 140.58% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $4.41 in 2021, then surged by 48.11% to $6.53 in 2022, then soared by 36.51% to $8.92 in 2023, then increased by 18.5% to $10.57 in 2024, then soared by 122.55% to $23.51 in 2025.
  • Per Business Quant, the three most recent readings for WEN's Debt to Equity are $23.51 (Q4 2025), $24.95 (Q3 2025), and $24.18 (Q2 2025).