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

Sinclair, Inc. is the larger business by last-quarter revenue ($807.0M vs $523.5M, roughly 1.5× Wendy's Co). Wendy's Co runs the higher net margin — 7.5% vs 2.5%, a 5.0% gap on every dollar of revenue. On growth, Sinclair, Inc. posted the faster year-over-year revenue change (4.0% vs -3.2%). Over the past eight quarters, Sinclair, Inc.'s revenue compounded faster (-1.3% CAGR vs -4.2%).

Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...

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.

SBGI vs WEN — Head-to-Head

Bigger by revenue
SBGI
SBGI
1.5× larger
SBGI
$807.0M
$523.5M
WEN
Growing faster (revenue YoY)
SBGI
SBGI
+7.2% gap
SBGI
4.0%
-3.2%
WEN
Higher net margin
WEN
WEN
5.0% more per $
WEN
7.5%
2.5%
SBGI
Faster 2-yr revenue CAGR
SBGI
SBGI
Annualised
SBGI
-1.3%
-4.2%
WEN

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
SBGI
SBGI
WEN
WEN
Revenue
$807.0M
$523.5M
Net Profit
$20.0M
$39.2M
Gross Margin
64.1%
Operating Margin
0.0%
15.9%
Net Margin
2.5%
7.5%
Revenue YoY
4.0%
-3.2%
Net Profit YoY
72.7%
EPS (diluted)
$0.28
$0.19

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
SBGI
SBGI
WEN
WEN
Q1 26
$807.0M
$523.5M
Q4 25
$836.0M
$543.0M
Q3 25
$773.0M
$549.5M
Q2 25
$784.0M
$560.9M
Q1 25
$776.0M
$523.5M
Q4 24
$1.0B
$574.3M
Q3 24
$917.0M
$566.7M
Q2 24
$829.0M
$570.7M
Net Profit
SBGI
SBGI
WEN
WEN
Q1 26
$20.0M
$39.2M
Q4 25
$109.0M
$26.5M
Q3 25
$-1.0M
$44.3M
Q2 25
$-64.0M
$55.1M
Q1 25
$-156.0M
$39.2M
Q4 24
$176.0M
$47.5M
Q3 24
$94.0M
$50.2M
Q2 24
$17.0M
$54.6M
Gross Margin
SBGI
SBGI
WEN
WEN
Q1 26
64.1%
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%
Operating Margin
SBGI
SBGI
WEN
WEN
Q1 26
0.0%
15.9%
Q4 25
9.6%
11.8%
Q3 25
7.5%
16.8%
Q2 25
2.7%
18.6%
Q1 25
1.8%
15.9%
Q4 24
26.5%
16.7%
Q3 24
19.5%
16.7%
Q2 24
7.7%
17.4%
Net Margin
SBGI
SBGI
WEN
WEN
Q1 26
2.5%
7.5%
Q4 25
13.0%
4.9%
Q3 25
-0.1%
8.1%
Q2 25
-8.2%
9.8%
Q1 25
-20.1%
7.5%
Q4 24
17.5%
8.3%
Q3 24
10.3%
8.9%
Q2 24
2.1%
9.6%
EPS (diluted)
SBGI
SBGI
WEN
WEN
Q1 26
$0.28
$0.19
Q4 25
$1.62
$0.14
Q3 25
$-0.02
$0.23
Q2 25
$-0.91
$0.29
Q1 25
$-2.30
$0.19
Q4 24
$2.64
$0.23
Q3 24
$1.43
$0.25
Q2 24
$0.27
$0.27

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBGI
SBGI
WEN
WEN
Q1 26
$300.8M
Q4 25
$866.0M
$300.8M
Q3 25
$526.0M
$291.4M
Q2 25
$616.0M
$281.2M
Q1 25
$631.0M
$335.3M
Q4 24
$697.0M
$450.5M
Q3 24
$536.0M
$482.2M
Q2 24
$378.0M
$465.5M
Total Debt
SBGI
SBGI
WEN
WEN
Q1 26
$2.8B
Q4 25
$4.4B
$2.8B
Q3 25
$4.1B
$2.7B
Q2 25
$4.1B
$2.7B
Q1 25
$4.2B
$2.7B
Q4 24
$4.1B
$2.7B
Q3 24
$4.1B
Q2 24
$4.1B
Stockholders' Equity
SBGI
SBGI
WEN
WEN
Q1 26
$117.4M
Q4 25
$443.0M
$117.4M
Q3 25
$347.0M
$109.2M
Q2 25
$361.0M
$112.9M
Q1 25
$436.0M
$130.2M
Q4 24
$583.0M
$259.4M
Q3 24
$415.0M
$259.9M
Q2 24
$340.0M
$273.8M
Total Assets
SBGI
SBGI
WEN
WEN
Q1 26
$5.0B
Q4 25
$5.9B
$5.0B
Q3 25
$5.6B
$5.0B
Q2 25
$5.7B
$4.9B
Q1 25
$5.8B
$4.9B
Q4 24
$5.9B
$5.0B
Q3 24
$5.8B
$5.1B
Q2 24
$5.7B
$5.1B
Debt / Equity
SBGI
SBGI
WEN
WEN
Q1 26
23.51×
Q4 25
9.84×
23.51×
Q3 25
11.75×
24.95×
Q2 25
11.30×
24.18×
Q1 25
9.56×
21.00×
Q4 24
7.02×
10.57×
Q3 24
9.86×
Q2 24
12.08×

Cash Flow & Capital Efficiency

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

Metric
SBGI
SBGI
WEN
WEN
Operating Cash FlowLast quarter
$85.4M
Free Cash FlowOCF − Capex
$68.0M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
2.18×
TTM Free Cash FlowTrailing 4 quarters
$242.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBGI
SBGI
WEN
WEN
Q1 26
$85.4M
Q4 25
$98.0M
$69.3M
Q3 25
$-36.0M
$129.3M
Q2 25
$122.0M
$60.6M
Q1 25
$5.0M
$85.4M
Q4 24
$198.0M
$68.6M
Q3 24
$210.0M
$141.2M
Q2 24
$-306.0M
$45.5M
Free Cash Flow
SBGI
SBGI
WEN
WEN
Q1 26
$68.0M
Q4 25
$79.0M
$31.4M
Q3 25
$-58.0M
$104.3M
Q2 25
$105.0M
$39.2M
Q1 25
$-11.0M
$67.7M
Q4 24
$175.0M
$26.6M
Q3 24
$193.0M
$123.3M
Q2 24
$-329.0M
$28.4M
FCF Margin
SBGI
SBGI
WEN
WEN
Q1 26
13.0%
Q4 25
9.4%
5.8%
Q3 25
-7.5%
19.0%
Q2 25
13.4%
7.0%
Q1 25
-1.4%
12.9%
Q4 24
17.4%
4.6%
Q3 24
21.0%
21.8%
Q2 24
-39.7%
5.0%
Capex Intensity
SBGI
SBGI
WEN
WEN
Q1 26
1.7%
Q4 25
2.3%
7.0%
Q3 25
2.8%
4.5%
Q2 25
2.2%
3.8%
Q1 25
2.1%
3.4%
Q4 24
2.3%
7.3%
Q3 24
1.9%
3.2%
Q2 24
2.8%
3.0%
Cash Conversion
SBGI
SBGI
WEN
WEN
Q1 26
2.18×
Q4 25
0.90×
2.62×
Q3 25
2.92×
Q2 25
1.10×
Q1 25
2.18×
Q4 24
1.13×
1.44×
Q3 24
2.23×
2.81×
Q2 24
-18.00×
0.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SBGI
SBGI

Media revenue$701.0M87%
Other$82.0M10%
Political advertising revenue$18.0M2%
Non-media revenue$6.0M1%

WEN
WEN

Segment breakdown not available.

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