KPIs & Operating Metrics(New)
Growth Metrics

Wendy's (WEN) Rent Expense (2016 - 2025)

Wendy's (WEN) has disclosed Rent Expense for 10 consecutive years, with $31.5 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Rent Expense rose 1.48% year-over-year to $31.5 million, compared with a TTM value of $125.8 million through Dec 2025, down 1.31%, and an annual FY2025 reading of $125.8 million, down 1.31% over the prior year.
  • Rent Expense was $31.5 million for Q4 2025 at Wendy's, up from $30.9 million in the prior quarter.
  • Across five years, Rent Expense topped out at $34.4 million in Q4 2021 and bottomed at $23.0 million in Q1 2023.
  • Average Rent Expense over 5 years is $31.5 million, with a median of $32.1 million recorded in 2022.
  • The sharpest move saw Rent Expense dropped 11.15% in 2022, then skyrocketed 41.9% in 2023.
  • Year by year, Rent Expense stood at $34.4 million in 2021, then fell by 6.82% to $32.1 million in 2022, then grew by 1.86% to $32.7 million in 2023, then decreased by 4.99% to $31.0 million in 2024, then increased by 1.48% to $31.5 million in 2025.
  • Business Quant data shows Rent Expense for WEN at $31.5 million in Q4 2025, $30.9 million in Q3 2025, and $32.6 million in Q2 2025.