McDonald's is now worth 160x rival Wendy's | investingLive

McDonald’s’ market dominance is underscored by how far Wendy’s has fallen, with Wendy’s now valued at about 0.6% of McDonald’s by market capitalization. Wendy’s shares are down 78% from their June 2021 peak, and the article says its market cap is roughly $1.2 billion. On a trailing basis, it cites a high-teen free cash flow yield and a 9.1% dividend yield after last year’s cut. The upside case highlights modest net cash of about $300 million versus nearly $4 billion in debt. The risk case points to revenue peaking in 2012, systemwide sales down 5.5% in Q1 2026, EBIT/interest coverage around 2.7x, and a leadership change after CEO Kirk Tanner left in July 2025.