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Side-by-side financial comparison of Aptiv (APTV) and Wendy's Co (WEN). Click either name above to swap in a different company.
Aptiv is the larger business by last-quarter revenue ($5.2B vs $543.0M, roughly 9.5× Wendy's Co). Wendy's Co runs the higher net margin — 4.9% vs 2.7%, a 2.2% gap on every dollar of revenue. On growth, Aptiv posted the faster year-over-year revenue change (5.0% vs -5.5%). Aptiv produced more free cash flow last quarter ($651.0M vs $31.4M). Over the past eight quarters, Aptiv's revenue compounded faster (2.5% CAGR vs 0.8%).
Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
The Wendy's Company is an American fast food corporation and the holding company for Wendy's and First Kitchen. Originally founded as the Deisel-Wemmer Company, it is headquartered in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.
APTV vs WEN — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $5.2B | $543.0M |
| Net Profit | $138.0M | $26.5M |
| Gross Margin | 18.7% | 62.7% |
| Operating Margin | 8.2% | 11.8% |
| Net Margin | 2.7% | 4.9% |
| Revenue YoY | 5.0% | -5.5% |
| Net Profit YoY | -48.5% | -44.2% |
| EPS (diluted) | $0.63 | $0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $5.2B | $543.0M | ||
| Q3 25 | $5.2B | $549.5M | ||
| Q2 25 | $5.2B | $560.9M | ||
| Q1 25 | $4.8B | $523.5M | ||
| Q4 24 | $4.9B | $574.3M | ||
| Q3 24 | $4.9B | $566.7M | ||
| Q2 24 | $5.1B | $570.7M | ||
| Q1 24 | $4.9B | $534.8M |
| Q4 25 | $138.0M | $26.5M | ||
| Q3 25 | $-355.0M | $44.3M | ||
| Q2 25 | $393.0M | $55.1M | ||
| Q1 25 | $-11.0M | $39.2M | ||
| Q4 24 | $268.0M | $47.5M | ||
| Q3 24 | $363.0M | $50.2M | ||
| Q2 24 | $938.0M | $54.6M | ||
| Q1 24 | $218.0M | $42.0M |
| Q4 25 | 18.7% | 62.7% | ||
| Q3 25 | 19.5% | 62.8% | ||
| Q2 25 | 19.1% | 65.0% | ||
| Q1 25 | 19.1% | 64.1% | ||
| Q4 24 | 19.6% | 65.9% | ||
| Q3 24 | 18.6% | 65.5% | ||
| Q2 24 | 19.2% | 65.0% | ||
| Q1 24 | 17.9% | 64.1% |
| Q4 25 | 8.2% | 11.8% | ||
| Q3 25 | -3.4% | 16.8% | ||
| Q2 25 | 9.3% | 18.6% | ||
| Q1 25 | 9.3% | 15.9% | ||
| Q4 24 | 9.8% | 16.7% | ||
| Q3 24 | 10.4% | 16.7% | ||
| Q2 24 | 8.7% | 17.4% | ||
| Q1 24 | 8.5% | 15.2% |
| Q4 25 | 2.7% | 4.9% | ||
| Q3 25 | -6.8% | 8.1% | ||
| Q2 25 | 7.5% | 9.8% | ||
| Q1 25 | -0.2% | 7.5% | ||
| Q4 24 | 5.5% | 8.3% | ||
| Q3 24 | 7.5% | 8.9% | ||
| Q2 24 | 18.6% | 9.6% | ||
| Q1 24 | 4.4% | 7.9% |
| Q4 25 | $0.63 | $0.14 | ||
| Q3 25 | $-1.63 | $0.23 | ||
| Q2 25 | $1.80 | $0.29 | ||
| Q1 25 | $-0.05 | $0.19 | ||
| Q4 24 | $1.22 | $0.23 | ||
| Q3 24 | $1.48 | $0.25 | ||
| Q2 24 | $3.47 | $0.27 | ||
| Q1 24 | $0.79 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $300.8M |
| Total DebtLower is stronger | $7.5B | $2.8B |
| Stockholders' EquityBook value | $9.2B | $117.4M |
| Total Assets | $23.4B | $5.0B |
| Debt / EquityLower = less leverage | 0.81× | 23.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $300.8M | ||
| Q3 25 | $1.6B | $291.4M | ||
| Q2 25 | $1.4B | $281.2M | ||
| Q1 25 | $1.1B | $335.3M | ||
| Q4 24 | $1.6B | $450.5M | ||
| Q3 24 | $1.8B | $482.2M | ||
| Q2 24 | $2.2B | $465.5M | ||
| Q1 24 | $941.0M | $498.3M |
| Q4 25 | $7.5B | $2.8B | ||
| Q3 25 | $7.6B | $2.7B | ||
| Q2 25 | $7.8B | $2.7B | ||
| Q1 25 | $7.6B | $2.7B | ||
| Q4 24 | $7.8B | $2.7B | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $4.7B | — |
| Q4 25 | $9.2B | $117.4M | ||
| Q3 25 | $9.3B | $109.2M | ||
| Q2 25 | $9.7B | $112.9M | ||
| Q1 25 | $9.0B | $130.2M | ||
| Q4 24 | $8.8B | $259.4M | ||
| Q3 24 | $8.9B | $259.9M | ||
| Q2 24 | $11.5B | $273.8M | ||
| Q1 24 | $11.1B | $293.7M |
| Q4 25 | $23.4B | $5.0B | ||
| Q3 25 | $23.5B | $5.0B | ||
| Q2 25 | $23.9B | $4.9B | ||
| Q1 25 | $23.1B | $4.9B | ||
| Q4 24 | $23.5B | $5.0B | ||
| Q3 24 | $24.8B | $5.1B | ||
| Q2 24 | $24.8B | $5.1B | ||
| Q1 24 | $23.6B | $5.2B |
| Q4 25 | 0.81× | 23.51× | ||
| Q3 25 | 0.82× | 24.95× | ||
| Q2 25 | 0.80× | 24.18× | ||
| Q1 25 | 0.85× | 21.00× | ||
| Q4 24 | 0.89× | 10.57× | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — | ||
| Q1 24 | 0.42× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $818.0M | $69.3M |
| Free Cash FlowOCF − Capex | $651.0M | $31.4M |
| FCF MarginFCF / Revenue | 12.6% | 5.8% |
| Capex IntensityCapex / Revenue | 3.2% | 7.0% |
| Cash ConversionOCF / Net Profit | 5.93× | 2.62× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $242.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $818.0M | $69.3M | ||
| Q3 25 | $584.0M | $129.3M | ||
| Q2 25 | $510.0M | $60.6M | ||
| Q1 25 | $273.0M | $85.4M | ||
| Q4 24 | $1.1B | $68.6M | ||
| Q3 24 | $499.0M | $141.2M | ||
| Q2 24 | $643.0M | $45.5M | ||
| Q1 24 | $244.0M | $100.0M |
| Q4 25 | $651.0M | $31.4M | ||
| Q3 25 | $441.0M | $104.3M | ||
| Q2 25 | $361.0M | $39.2M | ||
| Q1 25 | $76.0M | $67.7M | ||
| Q4 24 | $894.0M | $26.6M | ||
| Q3 24 | $326.0M | $123.3M | ||
| Q2 24 | $417.0M | $28.4M | ||
| Q1 24 | $-21.0M | $82.6M |
| Q4 25 | 12.6% | 5.8% | ||
| Q3 25 | 8.5% | 19.0% | ||
| Q2 25 | 6.9% | 7.0% | ||
| Q1 25 | 1.6% | 12.9% | ||
| Q4 24 | 18.2% | 4.6% | ||
| Q3 24 | 6.7% | 21.8% | ||
| Q2 24 | 8.3% | 5.0% | ||
| Q1 24 | -0.4% | 15.5% |
| Q4 25 | 3.2% | 7.0% | ||
| Q3 25 | 2.7% | 4.5% | ||
| Q2 25 | 2.9% | 3.8% | ||
| Q1 25 | 4.1% | 3.4% | ||
| Q4 24 | 3.4% | 7.3% | ||
| Q3 24 | 3.6% | 3.2% | ||
| Q2 24 | 4.5% | 3.0% | ||
| Q1 24 | 5.4% | 3.2% |
| Q4 25 | 5.93× | 2.62× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | 1.30× | 1.10× | ||
| Q1 25 | — | 2.18× | ||
| Q4 24 | 3.96× | 1.44× | ||
| Q3 24 | 1.37× | 2.81× | ||
| Q2 24 | 0.69× | 0.83× | ||
| Q1 24 | 1.12× | 2.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
WEN
| Franchise Royalty Revenueand Fees | $149.3M | 27% |
| Royalty | $103.6M | 19% |
| Advertising | $103.3M | 19% |
| Global Real Estate Development | $60.5M | 11% |
| Real Estate | $59.5M | 11% |
| Wendys International | $39.5M | 7% |
| Franchise | $21.5M | 4% |