Wendy's Debt to Equity Ratio 2012-2026 | WEN

Current and historical debt to equity ratio values for Wendy's (WEN) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Wendy's debt/equity for the three months ending June 30, 2026 was 27.95.
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Wendy's Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2026-06-30 $4.76B $0.12B 39.54
2026-03-31 $4.81B $0.12B 41.62
2025-12-31 $4.84B $0.12B 41.23
2025-09-30 $4.87B $0.11B 44.57
2025-06-30 $4.78B $0.11B 42.35
2025-03-31 $4.79B $0.13B 36.77
2024-12-31 $4.78B $0.26B 18.41
2024-09-30 $4.81B $0.26B 18.52
2024-06-30 $4.81B $0.27B 17.59
2024-03-31 $4.90B $0.29B 16.67
2023-12-31 $4.87B $0.31B 15.73
2023-09-30 $4.95B $0.34B 14.44
2023-06-30 $4.96B $0.39B 12.69
2023-03-31 $4.99B $0.42B 11.89
2022-12-31 $5.03B $0.47B 10.81
2022-09-30 $5.09B $0.44B 11.63
2022-06-30 $5.09B $0.42B 12.04
2022-03-31 $5.11B $0.46B 11.24
2021-12-31 $4.67B $0.44B 10.69
2021-09-30 $4.61B $0.54B 8.50
2021-06-30 $4.60B $0.57B 8.06
2021-03-31 $4.44B $0.52B 8.52
2020-12-31 $4.49B $0.55B 8.17
2020-09-30 $4.44B $0.52B 8.52
2020-06-30 $4.59B $0.48B 9.48
2020-03-31 $4.53B $0.45B 10.04
2019-12-31 $4.48B $0.52B 8.67
2019-09-30 $4.49B $0.65B 6.91
2019-06-30 $4.52B $0.65B 6.97
2019-03-31 $4.55B $0.64B 7.09
2018-12-31 $3.64B $0.65B 5.62
2018-09-30 $3.72B $0.78B 4.75
2018-06-30 $3.65B $0.43B 8.48
2018-03-31 $3.65B $0.46B 7.88
2017-12-31 $3.52B $0.57B 6.15
2017-09-30 $3.63B $0.46B 7.84
2017-06-30 $3.62B $0.49B 7.44
2017-03-31 $3.43B $0.53B 6.53
2016-12-31 $3.41B $0.53B 6.47
2016-09-30 $3.44B $0.68B 5.06
2016-06-30 $3.44B $0.69B 4.97
2016-03-31 $3.42B $0.73B 4.66
2015-12-31 $3.36B $0.75B 4.46
2015-09-30 $3.38B $0.71B 4.79
2015-06-30 $3.37B $1.74B 1.94
2015-03-31 $2.42B $1.72B 1.41
2014-12-31 $2.42B $1.72B 1.41
2014-09-30 $2.45B $1.73B 1.42
2014-06-30 $2.41B $1.74B 1.38
2014-03-31 $2.43B $1.72B 1.41
2013-12-31 $2.43B $1.93B 1.26
2013-09-30 $2.40B $1.92B 1.25
2013-06-30 $2.35B $1.96B 1.20
2013-03-31 $2.29B $1.97B 1.16
2012-12-31 $2.32B $1.99B 1.17
2012-09-30 $2.37B $1.97B 1.20
2012-06-30 $2.32B $1.99B 1.16
2012-03-31 $2.26B $2.01B 1.13
2011-12-31 $2.29B $2.00B 1.15
2011-09-30 $2.26B $2.00B 1.13
2011-06-30 $2.62B $2.13B 1.23
2011-03-31 $2.57B $2.17B 1.19
2010-12-31 $2.57B $2.16B 1.19
2010-09-30 $2.68B $2.18B 1.23
2010-06-30 $2.67B $2.17B 1.23
2010-03-31 $2.61B $2.26B 1.15
2009-12-31 $2.64B $2.34B 1.13
2009-09-30 $2.67B $2.40B 1.11
2009-06-30 $2.68B $2.40B 1.12
2009-03-31 $2.27B $2.38B 0.96
2008-12-31 $2.26B $2.38B 0.95
2008-09-30 $0.99B $0.33B 2.96
2008-06-30 $1.01B $0.35B 2.88
2008-03-31 $1.04B $0.36B 2.87
2007-12-31 $1.01B $0.45B 2.24
2007-09-30 $1.10B $0.43B 2.57
2007-06-30 $1.11B $0.44B 2.56
2007-03-31 $1.06B $0.47B 2.27
2006-12-31 $1.08B $0.48B 2.27
2006-09-30 $1.08B $0.53B 2.03
2006-06-30 $5.14B $0.54B 9.61
2006-03-31 $4.56B $0.54B 8.43
2005-12-31 $2.41B $0.40B 6.10
2005-09-30 $2.58B $0.41B 6.35
2005-06-30 $1.51B $0.30B 5.01
2005-03-31 $1.19B $0.30B 3.93
2004-12-31 $0.76B $0.30B 2.52
2004-09-30 $0.71B $0.31B 2.31
2004-06-30 $0.73B $0.29B 2.55
2004-03-31 $0.73B $0.29B 2.52
2003-12-31 $0.76B $0.29B 2.63
2003-09-30 $0.79B $0.29B 2.68
2003-06-30 $0.80B $0.29B 2.71
2003-03-31 $0.62B $0.33B 1.86
2002-12-31 $0.64B $0.33B 1.91
2002-09-30 $0.51B $0.32B 1.57
2002-06-30 $0.51B $0.33B 1.57
2002-03-31 $0.51B $0.33B 1.54
2001-12-31 $0.54B $0.33B 1.61
2001-09-30 $0.52B $0.33B 1.60
2001-06-30 $0.54B $0.33B 1.64
2001-03-31 $0.51B $0.29B 1.79
2000-12-31 $0.79B $0.28B 2.78
2000-09-30 $0.53B $-0.15B -3.42
2000-06-30 $1.31B $-0.16B -8.15
2000-03-31 $1.29B $-0.17B -7.78
1999-12-31 $1.29B $-0.17B -7.74
1999-09-30 $1.30B $-0.18B -7.34
1999-06-30 $1.27B $-0.06B -20.48
1999-03-31 $1.22B $0.00B 432.29
1998-12-31 $1.01B $0.01B 92.48
1998-09-30 $1.07B $0.01B 163.62
1998-06-30 $1.09B $0.03B 41.09
1998-03-31 $1.03B $0.03B 41.24
1997-12-31 $0.96B $0.04B 21.85
1997-09-30 $1.15B $-0.02B -76.06
1997-06-30 $1.02B $-0.02B -41.90
1997-03-31 $0.84B $0.01B 145.62
1996-12-31 $0.85B $0.01B 125.39
1996-09-30 $0.85B $0.06B 13.74
1996-06-30 $0.83B $0.01B 81.09
1996-03-31 $1.02B $0.02B 48.89
1995-12-31 $1.07B $0.02B 51.59
1995-09-30 $1.01B $0.06B 17.56
1995-06-30 $0.88B $0.06B 14.17
1995-03-31 $0.84B $0.06B 13.82
1994-12-31 $0.88B $0.04B 22.05
1994-09-30 $0.81B $0.05B 15.44
1994-06-30 $0.83B $0.06B 14.45
1994-03-31 $0.83B $0.00B 295.08
1993-12-31 $0.90B $0.00B -215.29
1993-09-30 $0.00B 0.00
1993-06-30 $0.86B $0.04B 22.46
1993-03-31 $0.84B $0.04B 23.19
1992-12-31 $0.84B $0.04B 23.19
1992-09-30 $0.00B 0.00
1992-06-30 $0.69B $0.09B 8.02
1992-03-31 $0.87B $0.04B 24.01
1991-12-31 $0.87B $0.04B 24.01
1991-03-31 $0.74B $0.09B 8.50
1990-12-31 $0.74B $0.09B 8.50
Sector Industry Market Cap Revenue
Retail/Wholesale Retail - Food & Restaurants $1.455B $2.177B
The Wendy's Company, the world's third-largest quick-service restaurant company, operates through Wendy's Restaurants, LLC, its subsidiary holding company. The fast-food chain through its subsidiary operates as a franchisor of the Wendy's restaurant system. Some significant changes in management & operations led to the combination of its Canadian business with its International segment and separating its real estate and development operations into its own segment. The company now operates under the following three segments, namely Wendy's U.S., Wendy's International and Global Real Estate & Development. It derives revenues from two principal sources: sales at company-operated restaurants and franchise-related revenues including royalties, national advertising funds contributions, rents and franchise fees received from Wendy's franchised restaurants.
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