Wendy's (WEN) EV to EBITDA (2010 - 2026)
Wendy's' EV to EBITDA came in at 2.40 for Q2 2026, down 33.2% from 3.59 a year earlier but up 20.6% from the prior quarter.
Wendy's (WEN) EV to EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Wendy's reported EV to EBITDA of 0.53, down 56.7% year-over-year; for FY2025, it came in at 2.50, down 54.5% from FY2024.
- EV to EBITDA has declined in each of the last three years.
- Going back by year, EV to EBITDA was 5.50 in FY2024 (-16.2%), 6.57 in FY2023 (-21.2%), 8.33 in FY2022 and 11.46 in FY2021.
- The five-year range for quarterly EV to EBITDA is 1.99 (Q1 2026) to 8.55 (Q4 2022).
- Year-over-year, EV to EBITDA has declined for 11 consecutive quarters, with an average decline of 36.8% over the last eight quarters.
- Across the past five years, year-over-year decline in EV to EBITDA ran from 15.9% in Q3 2024 to 58.1% in Q1 2026.
- Business Quant data shows WEN's EV to EBITDA at 1.99 (Q1 2026), 2.50 (Q4 2025) and 2.72 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 165.31 Bn | 160.13 Bn | 6.42 Bn |
| 2 | Starbucks | 108.61 Bn | 96.24 Bn | - |
| 3 | Chipotle Mexican Grill | 40.32 Bn | 36.30 Bn | - |
| 4 | Yum Brands | 37.73 Bn | 34.61 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 24.95 Bn | 22.05 Bn | 1.38 Bn |
| 6 | Darden Restaurants | 22.46 Bn | 21.57 Bn | -113.70 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn |
| 8 | Yum China Holdings | 14.17 Bn | 8.53 Bn | 537.00 Mn |
| 9 | Texas Roadhouse | 10.39 Bn | 9.75 Bn | - |
| 10 | Wendy's | 1.22 Bn | -14.01 Mn | 363.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 2.40 |
| Mar 29, 2026 | 1.99 |
| Dec 28, 2025 | 2.50 |
| Sep 28, 2025 | 2.72 |
| Jun 29, 2025 | 3.59 |
| Mar 30, 2025 | 4.75 |
| Dec 29, 2024 | 5.50 |
| Sep 29, 2024 | 5.99 |
| Jun 30, 2024 | 5.69 |
| Mar 31, 2024 | 6.34 |
| Dec 31, 2023 | 6.57 |
| Oct 1, 2023 | 7.13 |
| Jul 2, 2023 | 7.81 |
| Apr 2, 2023 | 8.06 |
| Jan 1, 2023 | 8.55 |
| Oct 2, 2022 | 6.74 |
| Jul 3, 2022 | 6.75 |
| Apr 3, 2022 | 8.00 |
| Oct 3, 2021 | 8.80 |
| Jul 4, 2021 | 9.21 |
Wendy's EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=WEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "WEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=WEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();