Dave & Buster's vs Wendy's
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Dave & Buster's and Wendy's side by side, using each one’s latest annual report. Here is what stands out:
- Wendy's is the larger business, with $2.2B of revenue in fiscal 2025 against $2.1B for Dave & Buster's.
- Dave & Buster's grew revenue faster (−1.4%, against −3.1%).
- Wendy's kept more of each dollar of sales as operating profit (15.8% operating margin, against 4.1%).
- Wendy's turned more of its sales into free cash flow (11.2% FCF margin, against −4.8%).
- Wendy's earned a higher return on the capital invested in it (7.8%, against 4.1%).
Who comes out ahead
Of the 10 measures where higher (or lower) is clearly better, how many each company leads.
Dave & Buster's
PLAY
6/10
Revenue growth5-year growthGross marginPiotroski F-scoreNet debt / EBITDAShare count change
Wendy's
WEN
4/10
Operating marginNet marginFCF marginReturn on capital
Side by side
Best in the row
| Latest fiscal year | PLAY FY25 | WEN FY25 |
|---|---|---|
| Size | ||
| Market cap | $246M | $1.2B |
| Revenue | $2.1B | $2.2B |
| Free cash flow | −$101M | $243M |
| Net income | −$48.7M | $165M |
| Growth | ||
| Revenue growth | −1.4% | −3.1% |
| 5-year growth | 37.0% | 4.7% |
| Share count change | −13.4% | −5.6% |
| Profitability | ||
| Gross margin | 85.7% | 63.6% |
| Operating margin | 4.1% | 15.8% |
| Net margin | −2.3% | 7.6% |
| FCF margin | −4.8% | 11.2% |
| Return on capital | 4.1% | 7.8% |
| Return on equity | — | — |
| Balance sheet | ||
| Net debt | $1.6B | $3.1B |
| Net debt / EBITDA | 4.3x | 6.3x |
| Dividends and buybacks | $23.9M | $330M |
| Valuation & quality | ||
| P/E | — | 9.4x |
| Piotroski F-score | 6 | 4 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.