Company / Interest Expense
The Wendy's Company Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$124.1M
FY2023
5-year range
$116.0M / $124.1M
FY2019-FY2023
Trend
+5.4%
vs FY2022
Sector context
#25 of 70
Consumer Discretionary
What the data says
At $124M, The Wendy's Company's interest expense ranks #46 of 70 in the Consumer Discretionary sector. Interest Expense has fluctuated over the past 8 years, ranging from $52M in FY2016 to $124M in FY2023.
Based on SEC 10-K filings.
$124M in FY2023 with a 5-year CAGR of +0.7%.
Increased from $116M to $124M over the past 2 years.
Consumer Discretionary sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +1.2%
- 5-Year CAGR
- +0.7%
- 10-Year CAGR
- -
Sector benchmark
#46 of 70 in Consumer DiscretionaryTop 64% of 70This company $124.1M Sector average $160.8M
▼
-22.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.7%, indicating consistent growth.
- In FY2023, interest expense increased 5.4% year-over-year.
- Ranks #25 out of 70 companies in the Consumer Discretionary sector.
- Lowest interest expense in the period was in FY2016.
Company context
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.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $124.1M | +5.4% |
| FY2022 | $117.7M | +1.5% |
| FY2021 | $116.0M | -3.0% |
| FY2020 | $119.6M | +1.3% |
| FY2019 | $118.1M | -1.3% |
| FY2018 | $119.6M | +39.0% |
| FY2017 | $86.1M | +65.5% |
| FY2016 | $52.0M | -24.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026