Financial Statements

The Wendy's Company (WEN)

$22.2

-0.02 (-0.09%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2019 2018
Retained Earnings (Previous Year) 344239-146-
Net Income 177200118137460
Stock Dividends -0-0216-1-314
Dividend Paid -107-95-95-96-
Retained Earnings 415344239186146

PPE Schedule

Year 2023 2022 2021 2019 2018
Gross PPE 1,9641,944-1,213-
Annual Depreciation -889982,0228961,213
Capital Expenditure -86-78-78-74-
Net PPE 9891,9641,9442,0341,213

Intangible and Goodwill Schedule

Year 2023 2022 2021 2019 2018
Intangible and Goodwill (Previous Year) -748-751775
New Purchases ----10-
Intangible and Goodwill 748756751775773

The Wendy's Company income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes The Wendy's Company FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.