Wendy's (WEN) Free Cash Flow (2009 - 2026)
Wendy's (WEN) posted Free Cash Flow of $47.5 million for Q1 2026, up 51.32% on a QoQ basis from $31.4 million in Q4 2025, and down 29.86% year-over-year from $67.7 million in Q1 2025.
Wendy's (WEN) Free Cash Flow (2009 - 2026) Analysis & Trends
Wendy's' Free Cash Flow history runs 18 years deep, the most recent figure standing at $47.5 million for Q1 2026.
- Quarterly Free Cash Flow fell 29.86% year-over-year to $47.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $222.4 million (down 9.61% YoY) and the FY2025 annual result came in at $242.6 million, down 7.01% from the prior year.
- Free Cash Flow was $47.5 million for Q1 2026 at Wendy's, up from $31.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $123.3 million in Q3 2024 and bottomed at -$58.9 million in Q1 2023.
- A 5-year average of $50.7 million and a median of $46.6 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 88.76% — and 2023, when it soared 380.03%.
- Wendy's' Free Cash Flow stood at $8.5 million in 2022, then surged by 448.66% to $46.6 million in 2023, then plunged by 42.87% to $26.6 million in 2024, then advanced by 18.03% to $31.4 million in 2025, then jumped by 51.32% to $47.5 million in 2026.
- Business Quant data shows WEN's Free Cash Flow at $47.5 million in Q1 2026, $31.4 million in Q4 2025, and $104.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 91.80 Mn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 471.02 Mn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 341.00 Mn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 169.00 Mn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 379.00 Mn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 406.00 Mn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 227.47 Mn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 166.68 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 27.72 Mn |
| 10 | Wendy's | 1.36 Bn | 1.33 Bn | 339.59 Mn | 47.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 47.51 Mn |
| Mar 29, 2026 | 47.51 Mn |
| Dec 28, 2025 | 31.40 Mn |
| Dec 28, 2025 | 31.40 Mn |
| Sep 28, 2025 | 104.26 Mn |
| Sep 28, 2025 | 104.26 Mn |
| Jun 29, 2025 | 39.22 Mn |
| Jun 29, 2025 | 39.22 Mn |
| Mar 30, 2025 | 67.74 Mn |
| Mar 30, 2025 | 67.74 Mn |
| Dec 29, 2024 | 26.60 Mn |
| Dec 29, 2024 | 26.60 Mn |
| Sep 29, 2024 | 123.32 Mn |
| Sep 29, 2024 | 123.32 Mn |
| Jun 30, 2024 | 28.37 Mn |
| Jun 30, 2024 | 28.37 Mn |
| Mar 31, 2024 | 82.63 Mn |
| Mar 31, 2024 | 82.63 Mn |
| Dec 31, 2023 | 46.56 Mn |
| Dec 31, 2023 | 46.56 Mn |