The Wendy's Company Cash Flow Statement
WEN / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
The Wendy's Company generated $345M in operating cash flow and $243M in free cash flow in FY2025. Free cash flow margin was 11.1% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
- High leverage: Debt-to-equity ratio of 23.51
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $165.1M | $194.4M | $204.4M | $177.4M | $200.4M | $117.8M | $136.9M | $460.1M | $194.0M | $129.6M | $161.1M | $121.4M | $45.5M | $7.1M | $9.9M |
| Depreciation & Amortization | $152.2M | $143.2M | $135.8M | $133.4M | $125.5M | $132.8M | $131.7M | $128.9M | $125.7M | $124.3M | $153.7M | $159.9M | $200.2M | $154.2M | $145.3M |
| Operating Cash Flow | $344.5M | $355.3M | $345.4M | $259.9M | $345.8M | $284.4M | $288.9M | $224.2M | $238.8M | $193.8M | $274.3M | $254.8M | $329.8M | $190.4M | $246.7M |
| Capital Expenditures | $101.9M | $94.4M | $85.0M | $85.5M | $78.0M | $69.0M | $74.5M | $69.9M | $81.7M | $150.0M | $251.6M | $298.5M | $224.2M | $197.6M | $146.8M |
| Free Cash Flow | $242.6M | $260.9M | $260.4M | $174.4M | $267.8M | $215.4M | $214.5M | $154.4M | $157.1M | $43.8M | $22.7M | -$43.7M | $105.6M | -$7.2M | $100.0M |
| Share Buybacks | $200.8M | $77.4M | $189.6M | $52.0M | $268.5M | $62.2M | $217.8M | $269.8M | $126.2M | $337.0M | $1.1B | $301.2M | $69.3M | $0 | $157.6M |
| Dividends Paid | $129.6M | $204.4M | $209.3M | $106.8M | $94.8M | $64.9M | $96.4M | $80.5M | $68.3M | $63.8M | $71.8M | $75.1M | $70.7M | $39.0M | $32.4M |
| FCF Margin | 11.2% | 11.6% | 11.9% | 8.3% | 14.1% | 12.4% | 12.6% | 9.7% | 12.8% | 3.0% | 1.2% | -2.2% | 4.4% | -0.3% | 4.1% |