Wendy's (WEN) Operating Leases (2019 - 2026)

Wendy's (WEN) reported Operating Leases of $627.2 million for Q1 2026, down 8.25% on a YoY basis from $683.6 million in Q1 2025, and down 5.0% quarter-over-quarter from $660.3 million in Q4 2025.

Wendy's (WEN) Operating Leases (2019 - 2026) Analysis & Trends

Wendy's has reported Operating Leases for 8 years, with the latest figure at $627.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 8.25% year-over-year to $627.2 million; the trailing twelve-month figure through Mar 2026 stood at $627.2 million (down 8.25% YoY), and the FY2025 full-year result was $660.3 million, down 6.26% from the prior year.
  • Operating Leases for Q1 2026 stood at $627.2 million, down from $660.3 million in the prior quarter.
  • The five-year high for Operating Leases was $853.3 million in Q1 2022, with the low at $627.2 million in Q1 2026.
  • Historically, Operating Leases has averaged $741.3 million across 5 years, with a median of $734.2 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Leases dropped 1.39% — and 2026, when it declined 8.25%.
  • Wendy's' Operating Leases stood at $804.6 million in 2022, then decreased by 8.11% to $739.3 million in 2023, then decreased by 4.73% to $704.3 million in 2024, then retreated by 6.26% to $660.3 million in 2025, then slipped by 5.0% to $627.2 million in 2026.
  • The last three Operating Leases figures came in at $627.2 million (Q1 2026), $660.3 million (Q4 2025), and $679.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn
10 Wendy's 1.29 Bn 994.30 Mn 339.59 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 627.21 Mn
Dec 28, 2025 660.26 Mn
Sep 28, 2025 679.68 Mn
Jun 29, 2025 689.72 Mn
Mar 30, 2025 683.64 Mn
Dec 29, 2024 704.33 Mn
Sep 29, 2024 712.57 Mn
Jun 30, 2024 714.30 Mn
Mar 31, 2024 729.09 Mn
Dec 31, 2023 739.34 Mn
Oct 1, 2023 753.30 Mn
Jul 2, 2023 764.63 Mn
Apr 2, 2023 777.40 Mn
Jan 1, 2023 792.05 Mn
Oct 2, 2022 804.63 Mn
Jul 3, 2022 823.99 Mn
Apr 3, 2022 833.47 Mn
Jan 2, 2022 853.33 Mn
Oct 3, 2021 830.49 Mn
Jul 4, 2021 838.59 Mn