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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
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 | — |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
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% |