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| Date | Value |
|---|---|
| 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 |