The Wendy’s Co (WEN) — Tangible Net Worth Ratio
The Wendy’s Co (WEN) has a Tangible Net Worth Ratio of -852.3% as of June 2026. This metric is calculated by deducting intangible assets ($1.15 Billion) from net assets ($120.47 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore The Wendy’s Co net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
The Wendy’s Co Tangible Net Worth Ratio (1985–2025)
This chart shows how The Wendy’s Co's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2025. As of June 2026, the ratio stands at -852.3%, reflecting net assets of $120.47 Million with intangible assets of $1.15 Billion USD. Check asset allocation strategy of The Wendy’s Co to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for The Wendy’s Co (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for The Wendy’s Co from 1985 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see The Wendy’s Co market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -897.3% | $117.38 Million | $1.17 Billion | $4.96 Billion | ▼ -537.6 pp |
| 2024 | -359.7% | $259.35 Million | $1.19 Billion | $5.03 Billion | ▼ -66.2 pp |
| 2023 | -293.5% | $309.78 Million | $1.22 Billion | $5.18 Billion | ▼ -125.4 pp |
| 2022 | -168.1% | $465.72 Million | $1.25 Billion | $5.50 Billion | ▲ +25.3 pp |
| 2021 | -193.5% | $436.40 Million | $1.28 Billion | $5.10 Billion | ▼ -70.6 pp |
| 2020 | -122.9% | $549.60 Million | $1.22 Billion | $5.04 Billion | ▲ +18.7 pp |
| 2019 | -141.5% | $516.36 Million | $1.25 Billion | $4.99 Billion | ▼ -42.0 pp |
| 2018 | -99.6% | $648.45 Million | $1.29 Billion | $4.29 Billion | ▲ +31.0 pp |
| 2017 | -130.6% | $573.20 Million | $1.32 Billion | $4.10 Billion | ▲ +20.0 pp |
| 2016 | -150.6% | $527.74 Million | $1.32 Billion | $3.94 Billion | ▼ -72.7 pp |
| 2015 | -77.9% | $752.91 Million | $1.34 Billion | $4.11 Billion | ▼ -99.2 pp |
| 2014 | 21.3% | $1.72 Billion | $1.35 Billion | $4.15 Billion | ▼ -11.0 pp |
| 2013 | 32.3% | $1.93 Billion | $1.31 Billion | $4.36 Billion | ▼ -2.1 pp |
| 2012 | 34.5% | $1.99 Billion | $1.30 Billion | $4.30 Billion | ▼ -0.2 pp |
| 2011 | 34.7% | $2.00 Billion | $1.30 Billion | $4.30 Billion | ▼ -2.5 pp |
| 2010 | 37.2% | $2.16 Billion | $1.36 Billion | $4.73 Billion | ▼ -3.2 pp |
| 2009 | 40.4% | $2.34 Billion | $1.39 Billion | $4.98 Billion | ▼ -0.4 pp |
| 2008 | 40.8% | $2.38 Billion | $1.41 Billion | $4.65 Billion | ▼ -49.1 pp |
| 2007 | 89.9% | $449.83 Million | $45.32 Million | $1.45 Billion | ▲ +4.4 pp |
| 2006 | 85.5% | $488.87 Million | $70.92 Million | $1.56 Billion | ▲ +2.7 pp |
| 2005 | 82.8% | $439.00 Million | $75.70 Million | $2.81 Billion | ▲ +20.4 pp |
| 2004 | 62.3% | $313.83 Million | $118.26 Million | $1.07 Billion | ▼ -15.4 pp |
| 2003 | 77.7% | $287.61 Million | $64.15 Million | $1.04 Billion | ▲ +7.4 pp |
| 2002 | 70.3% | $332.74 Million | $98.98 Million | $968.89 Million | ▼ -28.1 pp |
| 2001 | 98.4% | $332.40 Million | $5.47 Million | $868.41 Million | ▲ +0.5 pp |
| 2000 | 97.8% | $282.31 Million | $6.07 Million | $1.07 Billion | ▲ +2409.8 pp |
| 1998 | -2311.9% | $10.90 Million | $262.90 Million | $1.02 Billion | ▼ -1800.1 pp |
| 1997 | -511.8% | $44.00 Million | $269.20 Million | $1.00 Billion | ▲ +33.1 pp |
| 1996 | -544.9% | $40.50 Million | $261.20 Million | $854.40 Million | ▲ +731.4 pp |
| 1995 | -1276.3% | $20.70 Million | $284.90 Million | $1.09 Billion | ▼ -869.3 pp |
| 1994 | -407.0% | $40.00 Million | $202.80 Million | $922.20 Million | ▲ +288.2 pp |
| 1993 | -695.2% | $23.00 Million | $182.90 Million | $897.20 Million | ▼ -513.8 pp |
| 1992 | -181.4% | $66.30 Million | $186.60 Million | $910.70 Million | ▼ -136.5 pp |
| 1991 | -44.9% | $127.70 Million | $185.10 Million | $881.70 Million | ▲ +4.7 pp |
| 1990 | -49.7% | $118.40 Million | $177.20 Million | $917.00 Million | ▼ -15.2 pp |
| 1989 | -34.4% | $135.40 Million | $182.00 Million | $928.50 Million | ▲ +26.3 pp |
| 1988 | -60.7% | $116.00 Million | $186.40 Million | $928.00 Million | ▼ -39.6 pp |
| 1987 | -21.1% | $157.70 Million | $191.00 Million | $913.00 Million | ▲ +51.5 pp |
| 1986 | -72.6% | $116.20 Million | $200.60 Million | $875.70 Million | ▲ +39.6 pp |
| 1985 | -112.3% | $96.90 Million | $205.70 Million | $885.50 Million | — |