🚀 VC round data is live in beta, check it out!
Wendy's Valuation Multiples
Discover revenue and EBITDA valuation multiples for Wendy's and similar public comparables like Yoshinoya Holdings, Guangzhou Restaurant Group, Colowide Co., Papa John's and more.
Wendy's Overview
About Wendy's
The Wendy's Co is engaged in operating, developing, and franchising a system of distinctive quick-service restaurants serving high-quality food. The company operates through Wendy's U.S., Wendy's International, and Global Real Estate & Development. Wendy's U.S. and Wendy's International include the operation and franchising of restaurants and derive revenues from sales at company-operated restaurants, as well as royalties, franchise fees, and advertising fund collections from franchised restaurants. Global Real Estate & Development includes real estate activities for owned and leased sites that are leased or subleased to franchisees and includes the company's share of income from its Canadian restaurant real estate joint venture.
Founded
1929
HQ
Employees
14.9K
Website
Sectors
Financials (LTM)
EV
$5B
Wendy's Financials
Wendy's reported last 12-month revenue of $2B and EBITDA of $505M.
In the same LTM period, Wendy's generated $1B in gross profit, $505M in EBITDA, and $148M in net income.
Revenue (LTM)
Wendy's P&L
In the most recent fiscal year, Wendy's reported revenue of $2B and EBITDA of $525M.
Wendy's expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $589M | XXX | XXX | XXX |
| Gross Margin | 63% | XXX | 27% | XXX | XXX | XXX |
| EBITDA | $505M | XXX | $525M | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 24% | XXX | XXX | XXX |
| EBIT Margin | 15% | XXX | 16% | XXX | XXX | XXX |
| Net Profit | $148M | XXX | $165M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Wendy's Stock Performance
Wendy's has current market cap of $1B, and enterprise value of $5B.
Market Cap Evolution
Wendy's' stock price is $6.95.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $1B | 0.0% | XXX | XXX | XXX | $0.87 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialWendy's Valuation Multiples
Wendy's trades at 2.4x EV/Revenue multiple, and 10.2x EV/EBITDA.
EV / Revenue (LTM)
Wendy's Financial Valuation Multiples
As of April 19, 2026, Wendy's has market cap of $1B and EV of $5B.
Equity research analysts estimate Wendy's' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Wendy's has a P/E ratio of 8.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 2.4x | XXX | 2.4x | XXX | XXX | XXX |
| EV/EBITDA | 10.2x | XXX | 9.9x | XXX | XXX | XXX |
| EV/EBIT | 15.6x | XXX | 14.6x | XXX | XXX | XXX |
| EV/Gross Profit | 3.7x | XXX | 8.8x | XXX | XXX | XXX |
| P/E | 8.9x | XXX | 8.0x | XXX | XXX | XXX |
| EV/FCF | 26.4x | XXX | 21.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Wendy's Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Wendy's Margins & Growth Rates
Wendy's' revenue in the last 12 month grew by 1%.
Wendy's' revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Wendy's' rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Wendy's' rule of X is 24% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Wendy's Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 24% | XXX | XXX | XXX |
| EBITDA Growth | (7%) | XXX | (11%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 24% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 19% | XXX | 19% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | 12% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Wendy's Public Comps
See public comps and valuation multiples for other Restaurants & Nightlife comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Wendy's | XXX | XXX | XXX | XXX | XXX | XXX |
| Yoshinoya Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Guangzhou Restaurant Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Colowide Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| Papa John's | XXX | XXX | XXX | XXX | XXX | XXX |
| Domino's Pizza Enterprises | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Wendy's M&A Activity
Wendy's acquired XXX companies to date.
Last acquisition by Wendy's was on XXXXXXXX, XXXXX. Wendy's acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Wendy's
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialWendy's Investment Activity
Wendy's invested in XXX companies to date.
Wendy's made its latest investment on XXXXXXXX, XXXXX. Wendy's invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Wendy's
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Wendy's
| When was Wendy's founded? | Wendy's was founded in 1929. |
| Where is Wendy's headquartered? | Wendy's is headquartered in United States. |
| How many employees does Wendy's have? | As of today, Wendy's has over 14K employees. |
| Who is the CEO of Wendy's? | Wendy's' CEO is Kenneth M. Cook. |
| Is Wendy's publicly listed? | Yes, Wendy's is a public company listed on Nasdaq. |
| What is the stock symbol of Wendy's? | Wendy's trades under WEN ticker. |
| When did Wendy's go public? | Wendy's went public in 1973. |
| Who are competitors of Wendy's? | Wendy's main competitors are Yoshinoya Holdings, Guangzhou Restaurant Group, Colowide Co., Papa John's. |
| What is the current market cap of Wendy's? | Wendy's' current market cap is $1B. |
| What is the current revenue of Wendy's? | Wendy's' last 12 months revenue is $2B. |
| What is the current revenue growth of Wendy's? | Wendy's revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of Wendy's? | Current revenue multiple of Wendy's is 2.4x. |
| Is Wendy's profitable? | Yes, Wendy's is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Wendy's? | Wendy's' last 12 months EBITDA is $505M. |
| What is Wendy's' EBITDA margin? | Wendy's' last 12 months EBITDA margin is 23%. |
| What is the current EV/EBITDA multiple of Wendy's? | Current EBITDA multiple of Wendy's is 10.2x. |
| What is the current FCF of Wendy's? | Wendy's' last 12 months FCF is $196M. |
| What is Wendy's' FCF margin? | Wendy's' last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Wendy's? | Current FCF multiple of Wendy's is 26.4x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.