The Wendy’s Co (WEN)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 204,440 | 198,777 | 191,270 | 179,789 | 177,370 | 188,226 | 178,855 | 196,428 | 200,392 | 186,995 | 185,577 | 144,757 | 117,832 | 105,631 | 112,005 | 119,487 | 136,940 | 129,238 | 474,360 | 471,850 |
| Total stockholders’ equity | US$ in thousands | 309,779 | 342,564 | 391,115 | 419,557 | 465,720 | 437,379 | 422,863 | 454,535 | 436,405 | 542,754 | 570,356 | 520,665 | 549,596 | 521,535 | 483,983 | 451,075 | 516,359 | 649,591 | 648,048 | 640,694 |
| ROE | 66.00% | 58.03% | 48.90% | 42.85% | 38.09% | 43.03% | 42.30% | 43.22% | 45.92% | 34.45% | 32.54% | 27.80% | 21.44% | 20.25% | 23.14% | 26.49% | 26.52% | 19.90% | 73.20% | 73.65% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $204,440K ÷ $309,779K
= 66.00%
Wendy's Co has exhibited a positive trend in return on equity (ROE) over the past 8 quarters. The ROE has increased steadily from 38.09% in Q4 2022 to 66.00% in Q4 2023, indicating a significant improvement in the company's ability to generate profit relative to shareholders' equity. This suggests that Wendy's Co has been effectively using its shareholders' investments to generate earnings growth. The consistently high ROE figures demonstrate the company's efficient management of its assets and effective capital structure. Overall, Wendy's Co's ROE performance reflects a strong financial position and operational efficiency during the analyzed period.
Peer comparison
Dec 31, 2023