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Side-by-side financial comparison of Wendy's Co (WEN) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.
Wendy's Co is the larger business by last-quarter revenue ($543.0M vs $339.5M, roughly 1.6× Westrock Coffee Co). Wendy's Co runs the higher net margin — 4.9% vs -6.6%, a 11.5% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs -5.5%). Wendy's Co produced more free cash flow last quarter ($31.4M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% CAGR vs 0.8%).
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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
WEN vs WEST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $543.0M | $339.5M |
| Net Profit | $26.5M | $-22.6M |
| Gross Margin | 62.7% | 11.5% |
| Operating Margin | 11.8% | -2.6% |
| Net Margin | 4.9% | -6.6% |
| Revenue YoY | -5.5% | 48.3% |
| Net Profit YoY | -44.2% | 8.3% |
| EPS (diluted) | $0.14 | $-0.22 |
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 | $543.0M | $339.5M | ||
| Q3 25 | $549.5M | $354.8M | ||
| Q2 25 | $560.9M | $280.9M | ||
| Q1 25 | $523.5M | $213.8M | ||
| Q4 24 | $574.3M | $229.0M | ||
| Q3 24 | $566.7M | $220.9M | ||
| Q2 24 | $570.7M | $208.4M | ||
| Q1 24 | $534.8M | $192.5M |
| Q4 25 | $26.5M | $-22.6M | ||
| Q3 25 | $44.3M | $-19.1M | ||
| Q2 25 | $55.1M | $-21.6M | ||
| Q1 25 | $39.2M | $-27.2M | ||
| Q4 24 | $47.5M | $-24.6M | ||
| Q3 24 | $50.2M | $-14.3M | ||
| Q2 24 | $54.6M | $-17.8M | ||
| Q1 24 | $42.0M | $-23.7M |
| Q4 25 | 62.7% | 11.5% | ||
| Q3 25 | 62.8% | 11.7% | ||
| Q2 25 | 65.0% | 14.7% | ||
| Q1 25 | 64.1% | 13.6% | ||
| Q4 24 | 65.9% | 16.6% | ||
| Q3 24 | 65.5% | 16.8% | ||
| Q2 24 | 65.0% | 19.9% | ||
| Q1 24 | 64.1% | 19.4% |
| Q4 25 | 11.8% | -2.6% | ||
| Q3 25 | 16.8% | -2.4% | ||
| Q2 25 | 18.6% | -5.3% | ||
| Q1 25 | 15.9% | -6.1% | ||
| Q4 24 | 16.7% | -4.3% | ||
| Q3 24 | 16.7% | -5.8% | ||
| Q2 24 | 17.4% | -7.9% | ||
| Q1 24 | 15.2% | -5.3% |
| Q4 25 | 4.9% | -6.6% | ||
| Q3 25 | 8.1% | -5.4% | ||
| Q2 25 | 9.8% | -7.7% | ||
| Q1 25 | 7.5% | -12.7% | ||
| Q4 24 | 8.3% | -10.7% | ||
| Q3 24 | 8.9% | -6.5% | ||
| Q2 24 | 9.6% | -8.5% | ||
| Q1 24 | 7.9% | -12.3% |
| Q4 25 | $0.14 | $-0.22 | ||
| Q3 25 | $0.23 | $-0.20 | ||
| Q2 25 | $0.29 | $-0.23 | ||
| Q1 25 | $0.19 | $-0.29 | ||
| Q4 24 | $0.23 | $-0.26 | ||
| Q3 24 | $0.25 | $-0.16 | ||
| Q2 24 | $0.27 | $-0.20 | ||
| Q1 24 | $0.20 | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $300.8M | $49.9M |
| Total DebtLower is stronger | $2.8B | $444.1M |
| Stockholders' EquityBook value | $117.4M | $-1.9M |
| Total Assets | $5.0B | $1.2B |
| Debt / EquityLower = less leverage | 23.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $300.8M | $49.9M | ||
| Q3 25 | $291.4M | $34.0M | ||
| Q2 25 | $281.2M | $44.0M | ||
| Q1 25 | $335.3M | $33.1M | ||
| Q4 24 | $450.5M | $26.2M | ||
| Q3 24 | $482.2M | $22.4M | ||
| Q2 24 | $465.5M | $24.3M | ||
| Q1 24 | $498.3M | $12.6M |
| Q4 25 | $2.8B | $444.1M | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $117.4M | $-1.9M | ||
| Q3 25 | $109.2M | $11.4M | ||
| Q2 25 | $112.9M | $18.2M | ||
| Q1 25 | $130.2M | $71.4M | ||
| Q4 24 | $259.4M | $97.5M | ||
| Q3 24 | $259.9M | $110.3M | ||
| Q2 24 | $273.8M | $81.5M | ||
| Q1 24 | $293.7M | $91.7M |
| Q4 25 | $5.0B | $1.2B | ||
| Q3 25 | $5.0B | $1.2B | ||
| Q2 25 | $4.9B | $1.2B | ||
| Q1 25 | $4.9B | $1.1B | ||
| Q4 24 | $5.0B | $1.1B | ||
| Q3 24 | $5.1B | $1.1B | ||
| Q2 24 | $5.1B | $1.1B | ||
| Q1 24 | $5.2B | $983.3M |
| Q4 25 | 23.51× | — | ||
| Q3 25 | 24.95× | — | ||
| Q2 25 | 24.18× | — | ||
| Q1 25 | 21.00× | — | ||
| Q4 24 | 10.57× | 4.03× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $69.3M | $36.7M |
| Free Cash FlowOCF − Capex | $31.4M | $27.8M |
| FCF MarginFCF / Revenue | 5.8% | 8.2% |
| Capex IntensityCapex / Revenue | 7.0% | 2.6% |
| Cash ConversionOCF / Net Profit | 2.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | $242.6M | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $69.3M | $36.7M | ||
| Q3 25 | $129.3M | $-26.6M | ||
| Q2 25 | $60.6M | $-7.0M | ||
| Q1 25 | $85.4M | $-22.1M | ||
| Q4 24 | $68.6M | $2.8M | ||
| Q3 24 | $141.2M | $-332.0K | ||
| Q2 24 | $45.5M | $-23.7M | ||
| Q1 24 | $100.0M | $8.0M |
| Q4 25 | $31.4M | $27.8M | ||
| Q3 25 | $104.3M | $-44.7M | ||
| Q2 25 | $39.2M | $-27.5M | ||
| Q1 25 | $67.7M | $-63.4M | ||
| Q4 24 | $26.6M | $-15.4M | ||
| Q3 24 | $123.3M | $-36.7M | ||
| Q2 24 | $28.4M | $-59.9M | ||
| Q1 24 | $82.6M | $-60.9M |
| Q4 25 | 5.8% | 8.2% | ||
| Q3 25 | 19.0% | -12.6% | ||
| Q2 25 | 7.0% | -9.8% | ||
| Q1 25 | 12.9% | -29.7% | ||
| Q4 24 | 4.6% | -6.7% | ||
| Q3 24 | 21.8% | -16.6% | ||
| Q2 24 | 5.0% | -28.7% | ||
| Q1 24 | 15.5% | -31.7% |
| Q4 25 | 7.0% | 2.6% | ||
| Q3 25 | 4.5% | 5.1% | ||
| Q2 25 | 3.8% | 7.3% | ||
| Q1 25 | 3.4% | 19.3% | ||
| Q4 24 | 7.3% | 7.9% | ||
| Q3 24 | 3.2% | 16.5% | ||
| Q2 24 | 3.0% | 17.4% | ||
| Q1 24 | 3.2% | 35.8% |
| Q4 25 | 2.62× | — | ||
| Q3 25 | 2.92× | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | 2.18× | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 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
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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
