The Wendy's Company
WENFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/29/2024
Revenue
2,246
Cost of Revenue
1,456
Gross Profit
790
Gross Margin
35.2%
Operating Income
371
Operating Margin
16.5%
Net Income
194
Net Margin
8.7%
EPS (Basic)
$0.95
EPS (Diluted)
$0.95
EBITDA
554
EBITDA Margin
24.7%
2023
12/31/2023
Revenue
2,182
Cost of Revenue
1,405
Gross Profit
776
Gross Margin
35.6%
Operating Income
382
Operating Margin
17.5%
Net Income
204
Net Margin
9.4%
EPS (Basic)
$0.98
EPS (Diluted)
$0.97
EBITDA
552
EBITDA Margin
25.3%
2023
1/1/2023
Revenue
2,096
Cost of Revenue
1,375
Gross Profit
721
Gross Margin
34.4%
Operating Income
353
Operating Margin
16.9%
Net Income
177
Net Margin
8.5%
EPS (Basic)
$0.83
EPS (Diluted)
$0.82
EBITDA
502
EBITDA Margin
23.9%
2022
1/2/2022
Revenue
1,897
Cost of Revenue
1,360
Gross Profit
537
Gross Margin
28.3%
Operating Income
367
Operating Margin
19.3%
Net Income
200
Net Margin
10.6%
EPS (Basic)
$0.91
EPS (Diluted)
$0.89
EBITDA
475
EBITDA Margin
25.1%
2021
1/3/2021
Revenue
1,734
Cost of Revenue
1,112
Gross Profit
621
Gross Margin
35.8%
Operating Income
269
Operating Margin
15.5%
Net Income
118
Net Margin
6.8%
EPS (Basic)
$0.53
EPS (Diluted)
$0.52
EBITDA
403
EBITDA Margin
23.3%