The Wendy's Company Interest Expense History
WEN / Consumer Discretionary|8 years of SEC 10-K data (FY2016-FY2023)
$124M in FY2023 with a 5-year CAGR of +0.7%.
Increased from $109M to $124M over the past 2 years.
At $124M, The Wendy's Company's interest expense ranks #40 of 63 in the Consumer Discretionary sector. Interest Expense has fluctuated over the past 8 years, ranging from $109M in FY2021 to $124M in FY2023.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.78 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +1.8%
- 5-Year CAGR
- +0.7%
- 10-Year CAGR
- -
Interest Expense Trend
#40 of 63 in Consumer DiscretionaryTop 62% of 63This company $124.1M Sector average $175.4M
▼
-29.3% below sector average
Key Insights
- 5-year CAGR of +0.7%, indicating consistent growth.
- In FY2023, interest expense increased 1.4% year-over-year.
- Ranks #24 out of 63 companies in the Consumer Discretionary sector.
- Lowest interest expense in the period was in FY2021.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $124.1M | +1.4% |
| FY2022 | $122.3M | +12.0% |
| FY2021 | $109.2M | -7.3% |
| FY2020 | $117.7M | +1.5% |
| FY2019 | $116.0M | -3.0% |
| FY2018 | $119.6M | +1.3% |
| FY2017 | $118.1M | +2.8% |
| FY2016 | $114.8M | +33.4% |
As of FY2023 · SEC 10-K · Updated Mar 28, 2026