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Side-by-side financial comparison of loanDepot, Inc. (LDI) and Wendy's Co (WEN). Click either name above to swap in a different company.

Wendy's Co is the larger business by last-quarter revenue ($543.0M vs $310.3M, roughly 1.8× loanDepot, Inc.). Wendy's Co runs the higher net margin — 4.9% vs -7.2%, a 12.1% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs -5.5%). Wendy's Co produced more free cash flow last quarter ($31.4M vs $-648.0M). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% CAGR vs 0.8%).

LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.

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.

LDI vs WEN — Head-to-Head

Bigger by revenue
WEN
WEN
1.8× larger
WEN
$543.0M
$310.3M
LDI
Growing faster (revenue YoY)
LDI
LDI
+26.0% gap
LDI
20.5%
-5.5%
WEN
Higher net margin
WEN
WEN
12.1% more per $
WEN
4.9%
-7.2%
LDI
More free cash flow
WEN
WEN
$679.4M more FCF
WEN
$31.4M
$-648.0M
LDI
Faster 2-yr revenue CAGR
LDI
LDI
Annualised
LDI
18.0%
0.8%
WEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LDI
LDI
WEN
WEN
Revenue
$310.3M
$543.0M
Net Profit
$-22.5M
$26.5M
Gross Margin
62.7%
Operating Margin
-10.3%
11.8%
Net Margin
-7.2%
4.9%
Revenue YoY
20.5%
-5.5%
Net Profit YoY
32.4%
-44.2%
EPS (diluted)
$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.

Revenue
LDI
LDI
WEN
WEN
Q4 25
$310.3M
$543.0M
Q3 25
$323.3M
$549.5M
Q2 25
$282.5M
$560.9M
Q1 25
$273.6M
$523.5M
Q4 24
$257.5M
$574.3M
Q3 24
$314.6M
$566.7M
Q2 24
$265.4M
$570.7M
Q1 24
$222.8M
$534.8M
Net Profit
LDI
LDI
WEN
WEN
Q4 25
$-22.5M
$26.5M
Q3 25
$-4.9M
$44.3M
Q2 25
$-13.4M
$55.1M
Q1 25
$-21.9M
$39.2M
Q4 24
$-33.2M
$47.5M
Q3 24
$1.4M
$50.2M
Q2 24
$-32.2M
$54.6M
Q1 24
$-34.3M
$42.0M
Gross Margin
LDI
LDI
WEN
WEN
Q4 25
62.7%
Q3 25
62.8%
Q2 25
65.0%
Q1 25
64.1%
Q4 24
65.9%
Q3 24
65.5%
Q2 24
65.0%
Q1 24
64.1%
Operating Margin
LDI
LDI
WEN
WEN
Q4 25
-10.3%
11.8%
Q3 25
-3.2%
16.8%
Q2 25
-11.4%
18.6%
Q1 25
-16.8%
15.9%
Q4 24
-32.7%
16.7%
Q3 24
1.1%
16.7%
Q2 24
-29.1%
17.4%
Q1 24
-38.2%
15.2%
Net Margin
LDI
LDI
WEN
WEN
Q4 25
-7.2%
4.9%
Q3 25
-1.5%
8.1%
Q2 25
-4.7%
9.8%
Q1 25
-8.0%
7.5%
Q4 24
-12.9%
8.3%
Q3 24
0.4%
8.9%
Q2 24
-12.1%
9.6%
Q1 24
-15.4%
7.9%
EPS (diluted)
LDI
LDI
WEN
WEN
Q4 25
$0.14
Q3 25
$0.23
Q2 25
$0.29
Q1 25
$0.19
Q4 24
$0.23
Q3 24
$0.01
$0.25
Q2 24
$-0.18
$0.27
Q1 24
$-0.19
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LDI
LDI
WEN
WEN
Cash + ST InvestmentsLiquidity on hand
$337.2M
$300.8M
Total DebtLower is stronger
$2.1B
$2.8B
Stockholders' EquityBook value
$386.0M
$117.4M
Total Assets
$6.9B
$5.0B
Debt / EquityLower = less leverage
5.44×
23.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LDI
LDI
WEN
WEN
Q4 25
$337.2M
$300.8M
Q3 25
$459.2M
$291.4M
Q2 25
$408.6M
$281.2M
Q1 25
$371.5M
$335.3M
Q4 24
$421.6M
$450.5M
Q3 24
$483.0M
$482.2M
Q2 24
$533.2M
$465.5M
Q1 24
$603.7M
$498.3M
Total Debt
LDI
LDI
WEN
WEN
Q4 25
$2.1B
$2.8B
Q3 25
$2.1B
$2.7B
Q2 25
$2.1B
$2.7B
Q1 25
$2.0B
$2.7B
Q4 24
$2.0B
$2.7B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$2.3B
Stockholders' Equity
LDI
LDI
WEN
WEN
Q4 25
$386.0M
$117.4M
Q3 25
$433.3M
$109.2M
Q2 25
$439.1M
$112.9M
Q1 25
$469.3M
$130.2M
Q4 24
$506.6M
$259.4M
Q3 24
$592.0M
$259.9M
Q2 24
$578.9M
$273.8M
Q1 24
$637.3M
$293.7M
Total Assets
LDI
LDI
WEN
WEN
Q4 25
$6.9B
$5.0B
Q3 25
$6.2B
$5.0B
Q2 25
$6.2B
$4.9B
Q1 25
$6.4B
$4.9B
Q4 24
$6.3B
$5.0B
Q3 24
$6.4B
$5.1B
Q2 24
$5.9B
$5.1B
Q1 24
$6.2B
$5.2B
Debt / Equity
LDI
LDI
WEN
WEN
Q4 25
5.44×
23.51×
Q3 25
4.83×
24.95×
Q2 25
4.70×
24.18×
Q1 25
4.30×
21.00×
Q4 24
4.00×
10.57×
Q3 24
3.31×
Q2 24
3.41×
Q1 24
3.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LDI
LDI
WEN
WEN
Operating Cash FlowLast quarter
$-638.7M
$69.3M
Free Cash FlowOCF − Capex
$-648.0M
$31.4M
FCF MarginFCF / Revenue
-208.9%
5.8%
Capex IntensityCapex / Revenue
3.0%
7.0%
Cash ConversionOCF / Net Profit
2.62×
TTM Free Cash FlowTrailing 4 quarters
$-734.6M
$242.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LDI
LDI
WEN
WEN
Q4 25
$-638.7M
$69.3M
Q3 25
$43.4M
$129.3M
Q2 25
$67.6M
$60.6M
Q1 25
$-179.9M
$85.4M
Q4 24
$47.7M
$68.6M
Q3 24
$-349.2M
$141.2M
Q2 24
$-278.3M
$45.5M
Q1 24
$-278.5M
$100.0M
Free Cash Flow
LDI
LDI
WEN
WEN
Q4 25
$-648.0M
$31.4M
Q3 25
$38.7M
$104.3M
Q2 25
$61.4M
$39.2M
Q1 25
$-186.7M
$67.7M
Q4 24
$40.8M
$26.6M
Q3 24
$-356.4M
$123.3M
Q2 24
$-285.7M
$28.4M
Q1 24
$-283.3M
$82.6M
FCF Margin
LDI
LDI
WEN
WEN
Q4 25
-208.9%
5.8%
Q3 25
12.0%
19.0%
Q2 25
21.7%
7.0%
Q1 25
-68.2%
12.9%
Q4 24
15.8%
4.6%
Q3 24
-113.3%
21.8%
Q2 24
-107.7%
5.0%
Q1 24
-127.2%
15.5%
Capex Intensity
LDI
LDI
WEN
WEN
Q4 25
3.0%
7.0%
Q3 25
1.5%
4.5%
Q2 25
2.2%
3.8%
Q1 25
2.5%
3.4%
Q4 24
2.7%
7.3%
Q3 24
2.3%
3.2%
Q2 24
2.8%
3.0%
Q1 24
2.1%
3.2%
Cash Conversion
LDI
LDI
WEN
WEN
Q4 25
2.62×
Q3 25
2.92×
Q2 25
1.10×
Q1 25
2.18×
Q4 24
1.44×
Q3 24
-255.05×
2.81×
Q2 24
0.83×
Q1 24
2.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LDI
LDI

Segment breakdown not available.

WEN
WEN

Franchise Royalty Revenueand Fees$149.3M27%
Royalty$103.6M19%
Advertising$103.3M19%
Global Real Estate Development$60.5M11%
Real Estate$59.5M11%
Wendys International$39.5M7%
Franchise$21.5M4%

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