Wendy's (WEN) Interest Coverage Ratio (2009 - 2026)
Wendy's' (WEN) Interest Coverage Ratio was 2.34 for Q2 2026, down 30.5% from 3.37 a year earlier but up 23.0% from the prior quarter.
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Analysis
Wendy's (WEN) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Wendy's' Interest Coverage Ratio came in at 2.27, down 24.9% year-over-year; for FY2025, it came in at 2.72, down 9.4% from FY2024.
- By year, Interest Coverage Ratio came in at 3.00 in FY2024 (-2.6%), 3.08 in FY2023 (+6.6%), 2.89 in FY2022 and 2.29 in FY2021.
- Five-year quarterly Interest Coverage Ratio spans a low of 1.61 in Q4 2022 and a high of 3.51 in Q2 2023.
- Year over year, Interest Coverage Ratio has now declined in each of the last four quarters, with an average decline of 11.7% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2023 (growth of 78.0%); the low point was Q4 2025 (a decline of 36.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.90 (Q1 2026), 1.97 (Q4 2025) and 2.92 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 163.51 Bn | 158.34 Bn | 6.42 Bn | 8.16 |
| 2 | Starbucks | 107.11 Bn | 94.75 Bn | - | 7.28 |
| 3 | Chipotle Mexican Grill | 40.42 Bn | 36.40 Bn | - | - |
| 4 | Yum Brands | 37.23 Bn | 34.12 Bn | 1.47 Bn | - |
| 5 | Restaurant Brands International | 24.82 Bn | 21.92 Bn | 1.38 Bn | - |
| 6 | Darden Restaurants | 22.06 Bn | 21.17 Bn | -113.70 Mn | - |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 5.77 |
| 8 | Yum China Holdings | 14.18 Bn | 8.54 Bn | 537.00 Mn | - |
| 9 | Texas Roadhouse | 10.25 Bn | 9.62 Bn | - | - |
| 10 | Wendy's | 1.22 Bn | -15.92 Mn | 363.30 Mn | 2.34 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 2.34 |
| Mar 29, 2026 | 1.90 |
| Dec 28, 2025 | 1.97 |
| Sep 28, 2025 | 2.92 |
| Jun 29, 2025 | 3.37 |
| Mar 30, 2025 | 2.64 |
| Dec 29, 2024 | 3.09 |
| Sep 29, 2024 | 3.03 |
| Jun 30, 2024 | 3.21 |
| Mar 31, 2024 | 2.66 |
| Dec 31, 2023 | 2.86 |
| Oct 1, 2023 | 3.28 |
| Jul 2, 2023 | 3.51 |
| Apr 2, 2023 | 2.66 |
| Jan 1, 2023 | 1.61 |
| Oct 2, 2022 | 3.07 |
| Jul 3, 2022 | 3.00 |
| Apr 3, 2022 | 2.84 |
| Oct 3, 2021 | 3.08 |
| Jul 4, 2021 | 4.49 |
API Access
Wendy's Interest Coverage Ratio 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=interest-coverage-ratio&ticker=WEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=WEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();