Wendy's (WEN) FCF Payout Ratio (2009 - 2026)

Wendy's (WEN) posted FCF Payout Ratio of 0.56 for Q1 2026, down 33.88% on a QoQ basis from 0.85 in Q4 2025, and down 23.14% year-over-year from 0.73 in Q1 2025.

Wendy's (WEN) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Wendy's' FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.56 for Q1 2026.

  • Quarterly FCF Payout Ratio fell 23.14% year-over-year to 0.56 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.48 (down 41.65% YoY) and the FY2025 annual result came in at 0.53, down 31.83% from the prior year.
  • FCF Payout Ratio was 0.56 for Q1 2026 at Wendy's, down from 0.85 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 3.17 in Q2 2022 and bottomed at 0.64 in Q1 2023.
  • A 5-year average of 0.94 and a median of 0.73 in 2025 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2022 — FCF Payout Ratio jumped 1087.34% — and 2025, when it tumbled 62.17%.
  • Wendy's' FCF Payout Ratio stood at 3.17 in 2022, then slumped by 65.2% to 1.1 in 2023, then surged by 73.85% to 1.92 in 2024, then slumped by 55.79% to 0.85 in 2025, then slumped by 33.88% to 0.56 in 2026.
  • Business Quant data shows WEN's FCF Payout Ratio at 0.56 in Q1 2026, 0.85 in Q4 2025, and 0.26 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 7.69
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn -
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 0.61
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 1.67
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 0.46
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 0.04
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 0.22
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 0.40
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn -
10 Wendy's 1.36 Bn 1.33 Bn 339.59 Mn 0.56

Historic Data

Download Data
DateValue
Mar 29, 2026 0.56
Dec 28, 2025 0.85
Sep 28, 2025 0.26
Jun 29, 2025 0.68
Mar 30, 2025 0.73
Dec 29, 2024 1.92
Sep 29, 2024 0.41
Jun 30, 2024 1.81
Mar 31, 2024 0.62
Dec 31, 2023 1.10
Oct 1, 2023 0.51
Jul 2, 2023 0.75
Apr 2, 2023 1.30
Jan 1, 2023 -0.64
Apr 3, 2022 3.17
Oct 3, 2021 0.27
Jul 4, 2021 0.37
Apr 4, 2021 0.27
Jan 3, 2021 1.09
Sep 27, 2020 0.06