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Nathan's Famous (NATH) Financials

Nathan's Famous logo
$101.40 0.00 (0.00%)
Closing price 04:00 PM Eastern
Extended Trading
$101.28 -0.12 (-0.12%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Nathan's Famous

Annual Income Statements for Nathan's Famous

This table shows Nathan's Famous' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 3/27/2022 3/26/2023 3/31/2024
Net Income / (Loss) Attributable to Common Shareholders
14 20 20
Consolidated Net Income / (Loss)
14 20 20
Net Income / (Loss) Continuing Operations
14 20 20
Total Pre-Tax Income
19 27 27
Total Operating Income
30 34 33
Total Gross Profit
50 56 55
Total Revenue
115 131 139
Operating Revenue
115 131 139
Total Cost of Revenue
65 75 83
Operating Cost of Revenue
65 75 83
Total Operating Expenses
20 21 23
Selling, General & Admin Expense
17 18 20
Marketing Expense
2.00 1.99 2.00
Depreciation Expense
1.05 1.14 1.14
Total Other Income / (Expense), net
-11 -7.64 -5.06
Interest Expense
11 8.10 5.52
Interest & Investment Income
0.11 0.44 0.38
Other Income / (Expense), net
0.05 0.02 0.09
Income Tax Expense
4.94 7.18 7.84
Basic Earnings per Share
$3.30 $4.80 $4.81
Weighted Average Basic Shares Outstanding
4.12M 4.09M 4.08M
Diluted Earnings per Share
$3.30 $4.80 $4.80
Weighted Average Diluted Shares Outstanding
4.12M 4.09M 4.09M
Weighted Average Basic & Diluted Shares Outstanding
4.12M 4.08M 4.08M
Cash Dividends to Common per Share
$1.50 $1.85 $2.00

Quarterly Income Statements for Nathan's Famous

This table shows Nathan's Famous' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 3/27/2022 6/26/2022 9/24/2023 12/25/2022 3/26/2023 6/25/2023 9/24/2023 12/24/2023 6/30/2024 9/29/2024 12/29/2024
Net Income / (Loss) Attributable to Common Shareholders
2.16 7.14 5.71 3.26 3.51 7.39 5.71 2.61 9.28 6.03 4.48
Consolidated Net Income / (Loss)
2.16 7.14 5.71 3.26 3.51 7.39 5.71 2.61 9.28 6.03 4.48
Net Income / (Loss) Continuing Operations
2.16 7.14 5.71 3.26 3.51 7.39 5.71 2.61 9.28 6.03 4.48
Total Pre-Tax Income
2.62 9.88 7.86 4.49 4.57 10 7.86 3.74 13 8.10 6.06
Total Operating Income
6.11 12 9.10 6.33 7.23 11 9.10 5.14 14 9.63 6.75
Total Gross Profit
11 17 15 11 13 17 15 11 20 15 12
Total Revenue
25 40 39 26 26 42 39 29 45 41 32
Operating Revenue
25 40 39 26 26 42 39 29 45 41 32
Total Cost of Revenue
14 23 24 15 13 25 24 18 25 26 20
Operating Cost of Revenue
14 23 24 15 13 25 24 18 25 26 20
Total Operating Expenses
5.04 5.27 5.45 4.90 5.55 5.84 5.45 5.88 5.78 5.45 5.20
Selling, General & Admin Expense
4.23 4.62 4.57 4.09 4.76 5.10 4.57 5.11 5.10 4.64 4.44
Marketing Expense
0.56 0.42 0.57 0.50 0.50 0.42 0.57 0.51 0.43 0.56 0.52
Depreciation Expense
0.25 0.23 0.32 0.30 0.28 0.31 0.32 0.27 0.25 0.25 0.24
Total Other Income / (Expense), net
-3.49 -1.90 -1.24 -1.85 -2.66 -1.33 -1.24 -1.40 -0.96 -1.53 -0.69
Interest Expense
3.54 1.94 1.41 1.94 2.80 1.41 1.41 1.56 1.06 1.78 0.90
Interest & Investment Income
0.02 0.02 0.15 0.16 0.11 0.06 0.15 0.14 0.08 0.22 0.18
Other Income / (Expense), net
0.03 0.02 0.02 -0.06 0.03 0.02 0.02 0.02 0.02 0.02 0.02
Income Tax Expense
0.46 2.74 2.15 1.22 1.06 2.74 2.15 1.13 3.51 2.07 1.58
Basic Earnings per Share
$0.52 $1.74 $1.40 $0.80 $0.86 $1.81 $1.40 $0.64 $2.27 $1.48 $1.10
Weighted Average Basic Shares Outstanding
4.12M 4.11M 4.08M 4.08M 4.09M 4.08M 4.08M 4.08M 4.09M 4.09M 4.09M
Diluted Earnings per Share
$0.52 $1.74 $1.40 $0.79 $0.87 $1.81 $1.40 $0.64 $2.27 $1.47 $1.10
Weighted Average Diluted Shares Outstanding
4.12M 4.11M 4.09M 4.12M 4.09M 4.09M 4.09M 4.08M 4.09M 4.10M 4.09M
Weighted Average Basic & Diluted Shares Outstanding
4.12M 4.08M 4.08M 4.08M 4.08M - - 4.08M 4.08M 4.08M 4.09M
Cash Dividends to Common per Share
$0.45 $0.45 $0.50 $0.45 $0.45 $0.50 $0.50 $0.50 $0.50 $0.50 $0.50

Annual Cash Flow Statements for Nathan's Famous

This table details how cash moves in and out of Nathan's Famous' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 3/27/2022 3/26/2023 3/31/2024
Net Change in Cash & Equivalents
-31 -20 -8.83
Net Cash From Operating Activities
16 20 20
Net Cash From Continuing Operating Activities
16 20 20
Net Income / (Loss) Continuing Operations
14 20 20
Consolidated Net Income / (Loss)
14 20 20
Depreciation Expense
1.05 1.14 1.14
Amortization Expense
0.66 0.51 0.35
Non-Cash Adjustments To Reconcile Net Income
1.48 1.01 0.91
Changes in Operating Assets and Liabilities, net
-0.31 -2.44 -2.01
Net Cash From Investing Activities
-0.64 -0.58 -0.31
Net Cash From Continuing Investing Activities
-0.64 -0.58 -0.31
Purchase of Property, Plant & Equipment
-0.64 -0.63 -0.31
Sale of Property, Plant & Equipment
0.00 0.04 0.00
Net Cash From Financing Activities
-47 -39 -29
Net Cash From Continuing Financing Activities
-47 -39 -29
Repayment of Debt
-41 -30 -20
Repurchase of Common Equity
0.00 -1.89 0.00
Payment of Dividends
-6.17 -7.56 -8.16
Other Financing Activities, net
-0.01 0.00 -0.36
Cash Interest Paid
11 8.06 5.48
Cash Income Taxes Paid
4.98 7.16 8.31

Quarterly Cash Flow Statements for Nathan's Famous

This table details how cash moves in and out of Nathan's Famous' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 6/25/2023 9/25/2022 12/25/2022 3/26/2023 6/25/2023 9/24/2023 12/24/2023 3/31/2024 6/30/2024 9/29/2024 12/29/2024
Net Change in Cash & Equivalents
2.08 1.72 1.60 -26 2.08 5.04 -20 4.30 4.95 5.23 -7.50
Net Cash From Operating Activities
2.15 7.62 3.56 6.51 2.15 9.22 2.23 6.41 4.99 9.83 3.62
Net Cash From Continuing Operating Activities
2.15 7.65 3.53 6.51 2.15 9.22 2.23 6.41 4.99 9.83 3.62
Net Income / (Loss) Continuing Operations
7.39 5.71 3.26 3.27 7.39 5.71 2.61 3.91 9.28 6.03 4.48
Consolidated Net Income / (Loss)
7.39 5.71 3.26 3.27 7.39 5.71 2.61 3.91 9.28 6.03 4.48
Depreciation Expense
0.31 0.22 0.30 0.30 0.31 0.32 0.27 0.24 0.25 0.25 0.24
Amortization Expense
0.09 0.16 0.13 0.13 0.09 0.09 0.09 0.07 0.07 0.05 0.02
Non-Cash Adjustments To Reconcile Net Income
0.19 -0.20 0.18 0.84 0.19 0.10 0.39 0.23 0.19 0.49 0.35
Changes in Operating Assets and Liabilities, net
-5.83 1.76 -0.35 1.98 -5.83 3.00 -1.12 1.95 -4.79 3.01 -1.46
Net Cash From Investing Activities
-0.07 -0.33 -0.12 -0.06 -0.07 -0.10 -0.07 -0.07 -0.04 -0.09 -0.04
Net Cash From Continuing Investing Activities
-0.07 -0.33 -0.12 -0.06 -0.07 -0.10 -0.07 -0.07 -0.04 -0.09 -0.04
Purchase of Property, Plant & Equipment
-0.07 -0.37 -0.12 -0.06 -0.07 -0.10 -0.07 -0.07 -0.04 -0.09 -0.04
Net Cash From Financing Activities
0.00 -5.58 -1.84 -32 0.00 -4.08 -22 -2.04 0.00 -4.52 -11
Net Cash From Continuing Financing Activities
0.00 -5.58 -1.84 -32 0.00 -4.08 -22 -2.04 0.00 -4.52 -11
Repayment of Debt
- - - -30 - - -20 - - - -8.60
Payment of Dividends
0.00 - - -2.04 - - -2.04 -2.04 - - -2.04
Cash Interest Paid
2.65 0.99 3.64 0.77 2.65 - 2.83 - 1.99 1.14 1.60
Cash Income Taxes Paid
0.08 3.50 1.47 2.12 0.08 4.18 1.88 2.16 0.14 4.31 1.82

Annual Balance Sheets for Nathan's Famous

This table presents Nathan's Famous' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 3/27/2022 3/26/2023 3/31/2024
Total Assets
79 59 49
Total Current Assets
65 47 39
Cash & Equivalents
50 30 21
Accounts Receivable
13 15 15
Inventories, net
0.52 0.54 0.84
Prepaid Expenses
1.44 1.90 2.18
Plant, Property, & Equipment, net
3.79 3.32 2.67
Total Noncurrent Assets
9.33 7.93 7.41
Goodwill
0.10 0.10 0.10
Intangible Assets
1.04 0.87 0.70
Noncurrent Deferred & Refundable Income Taxes
0.58 0.38 0.28
Other Noncurrent Operating Assets
7.61 6.59 6.34
Total Liabilities & Shareholders' Equity
79 59 49
Total Liabilities
134 103 82
Total Current Liabilities
16 17 16
Short-Term Debt
- - 0.00
Accounts Payable
6.38 6.46 5.74
Accrued Expenses
7.83 8.13 7.62
Current Deferred Revenue
0.35 0.34 0.33
Other Current Liabilities
1.85 1.78 1.89
Total Noncurrent Liabilities
117 86 66
Long-Term Debt
108 79 60
Other Noncurrent Operating Liabilities
8.91 7.42 6.65
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-55 -45 -33
Total Preferred & Common Equity
-55 -45 -33
Total Common Equity
-55 -45 -33
Common Stock
62 63 63
Retained Earnings
-33 -21 -9.29
Treasury Stock
-85 -87 -87

Quarterly Balance Sheets for Nathan's Famous

This table presents Nathan's Famous' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 6/25/2023 9/24/2023 12/25/2022 12/24/2023 6/30/2024 9/29/2024 12/29/2024
Total Assets
66 66 82 43 59 58 49
Total Current Assets
55 55 70 32 49 49 40
Cash & Equivalents
32 37 55 17 26 31 24
Accounts Receivable
21 16 13 14 20 16 15
Inventories, net
0.76 0.92 0.34 0.55 0.93 1.01 0.59
Prepaid Expenses
1.36 0.85 1.11 1.59 1.60 0.81 1.11
Plant, Property, & Equipment, net
3.12 2.95 3.51 2.80 2.54 2.39 2.24
Total Noncurrent Assets
7.67 8.14 8.37 7.64 7.01 6.62 6.33
Goodwill
0.10 0.10 0.10 0.10 0.10 0.10 0.10
Intangible Assets
0.83 0.78 0.91 0.74 0.65 0.61 0.57
Noncurrent Deferred & Refundable Income Taxes
0.49 0.47 0.58 0.27 0.28 0.30 0.33
Other Noncurrent Operating Assets
6.27 6.79 6.78 6.54 5.99 5.62 5.34
Total Liabilities & Shareholders' Equity
66 66 82 43 59 58 49
Total Liabilities
105 101 128 78 84 79 68
Total Current Liabilities
19 14 12 11 18 16 14
Short-Term Debt
- - - - - 2.40 2.40
Accounts Payable
7.81 5.61 3.85 4.68 7.05 6.40 4.68
Accrued Expenses
8.98 6.64 5.51 4.52 8.95 5.05 4.35
Current Deferred Revenue
0.34 0.34 0.34 0.34 0.32 0.32 0.31
Other Current Liabilities
1.74 1.88 1.83 1.88 1.90 1.91 1.92
Total Noncurrent Liabilities
86 87 116 66 66 63 54
Long-Term Debt
79 79 109 59 60 57 49
Other Noncurrent Operating Liabilities
7.04 7.27 7.70 6.98 6.18 5.73 5.40
Commitments & Contingencies
- 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-39 -35 -46 -35 -26 -21 -19
Total Preferred & Common Equity
-39 -35 -46 -35 -26 -21 -19
Total Common Equity
-39 -35 -46 -35 -26 -21 -19
Common Stock
63 63 62 63 63 63 63
Retained Earnings
-15 -12 -22 -11 -2.06 1.93 4.37
Treasury Stock
-87 -87 -87 -87 -87 -87 -87

Annual Metrics And Ratios for Nathan's Famous

This table displays calculated financial ratios and metrics derived from Nathan's Famous' official financial filings.

Metric 2022 2023 2024
Period end date 3/27/2022 3/26/2023 3/31/2024
Growth Metrics
- - -
Revenue Growth
51.48% 13.84% 5.98%
EBITDA Growth
15.28% 14.15% -5.63%
EBIT Growth
17.03% 15.20% -5.43%
NOPAT Growth
18.79% 15.12% -7.89%
Net Income Growth
22.76% 44.33% -0.04%
EPS Growth
22.68% 45.45% 0.00%
Operating Cash Flow Growth
40.04% 20.39% 0.83%
Free Cash Flow Firm Growth
24.13% 7.54% -6.25%
Invested Capital Growth
-4.77% 47.67% 21.34%
Revenue Q/Q Growth
5.99% 1.08% 0.00%
EBITDA Q/Q Growth
2.00% 3.32% 0.00%
EBIT Q/Q Growth
2.35% 3.37% 0.00%
NOPAT Q/Q Growth
4.35% 2.93% 0.00%
Net Income Q/Q Growth
0.72% 7.41% 0.00%
EPS Q/Q Growth
0.61% 7.87% 0.00%
Operating Cash Flow Q/Q Growth
3.29% -0.37% -0.51%
Free Cash Flow Firm Q/Q Growth
0.09% 2.11% 0.00%
Invested Capital Q/Q Growth
-46.73% -35.27% 0.00%
Profitability Metrics
- - -
Gross Margin
43.28% 42.52% 39.99%
EBITDA Margin
27.53% 27.61% 24.58%
Operating Margin
25.99% 26.34% 23.45%
EBIT Margin
26.04% 26.35% 23.51%
Profit (Net Income) Margin
11.83% 15.00% 14.15%
Tax Burden Percent
73.35% 73.21% 71.46%
Interest Burden Percent
61.96% 77.78% 84.23%
Effective Tax Rate
26.65% 26.79% 28.54%
Return on Invested Capital (ROIC)
682.27% 650.17% 453.81%
ROIC Less NNEP Spread (ROIC-NNEP)
668.86% 639.75% 445.57%
Return on Net Nonoperating Assets (RNNOA)
-705.42% -689.60% -504.44%
Return on Equity (ROE)
-23.15% -39.42% -50.63%
Cash Return on Invested Capital (CROIC)
687.16% 611.68% 434.53%
Operating Return on Assets (OROA)
31.94% 50.26% 60.65%
Return on Assets (ROA)
14.52% 28.62% 36.51%
Return on Common Equity (ROCE)
-23.15% -39.42% -50.63%
Return on Equity Simple (ROE_SIMPLE)
-24.73% -44.04% -59.58%
Net Operating Profit after Tax (NOPAT)
22 25 23
NOPAT Margin
19.07% 19.28% 16.76%
Net Nonoperating Expense Percent (NNEP)
13.41% 10.43% 8.24%
Cost of Revenue to Revenue
56.72% 57.48% 60.01%
SG&A Expenses to Revenue
14.63% 13.80% 14.28%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
17.28% 16.19% 16.54%
Earnings before Interest and Taxes (EBIT)
30 34 33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
32 36 34
Valuation Ratios
- - -
Price to Book Value (P/BV)
0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00
Price to Revenue (P/Rev)
1.84 2.17 2.06
Price to Earnings (P/E)
15.51 14.46 14.54
Dividend Yield
2.93% 2.66% 2.86%
Earnings Yield
6.45% 6.91% 6.88%
Enterprise Value to Invested Capital (EV/IC)
85.86 72.00 57.69
Enterprise Value to Revenue (EV/Rev)
2.34 2.55 2.34
Enterprise Value to EBITDA (EV/EBITDA)
8.50 9.22 9.50
Enterprise Value to EBIT (EV/EBIT)
8.99 9.66 9.93
Enterprise Value to NOPAT (EV/NOPAT)
12.28 13.21 13.94
Enterprise Value to Operating Cash Flow (EV/OCF)
16.32 16.79 16.19
Enterprise Value to Free Cash Flow (EV/FCFF)
12.19 14.04 14.56
Leverage & Solvency
- - -
Debt to Equity
-1.97 -1.77 -1.81
Long-Term Debt to Equity
-1.97 -1.77 -1.81
Financial Leverage
-1.05 -1.08 -1.13
Leverage Ratio
-1.59 -1.38 -1.39
Compound Leverage Factor
-0.99 -1.07 -1.17
Debt to Total Capital
203.37% 229.22% 223.59%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
203.37% 229.22% 223.59%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
-103.37% -129.22% -123.59%
Debt to EBITDA
3.42 2.19 1.75
Net Debt to EBITDA
1.84 1.36 1.13
Long-Term Debt to EBITDA
3.42 2.19 1.75
Debt to NOPAT
4.94 3.13 2.56
Net Debt to NOPAT
2.65 1.95 1.66
Long-Term Debt to NOPAT
4.94 3.13 2.56
Altman Z-Score
3.84 5.96 7.43
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Current Ratio
3.98 2.83 2.49
Quick Ratio
3.87 2.69 2.30
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
22 24 22
Operating Cash Flow to CapEx
2,590.72% 3,396.75% 6,390.42%
Free Cash Flow to Firm to Interest Expense
1.92 2.93 4.03
Operating Cash Flow to Interest Expense
1.43 2.45 3.62
Operating Cash Flow Less CapEx to Interest Expense
1.38 2.38 3.56
Efficiency Ratios
- - -
Asset Turnover
1.23 1.91 2.58
Accounts Receivable Turnover
9.18 9.20 9.30
Inventory Turnover
113.72 141.70 120.47
Fixed Asset Turnover
29.18 36.81 46.25
Accounts Payable Turnover
12.51 11.71 13.63
Days Sales Outstanding (DSO)
39.76 39.69 39.23
Days Inventory Outstanding (DIO)
3.21 2.58 3.03
Days Payable Outstanding (DPO)
29.19 31.18 26.78
Cash Conversion Cycle (CCC)
13.78 11.08 15.48
Capital & Investment Metrics
- - -
Invested Capital
3.13 4.63 5.61
Invested Capital Turnover
35.78 33.72 27.08
Increase / (Decrease) in Invested Capital
-0.16 1.49 0.99
Enterprise Value (EV)
269 333 324
Market Capitalization
211 284 285
Book Value per Share
($13.36) ($10.92) ($8.06)
Tangible Book Value per Share
($13.64) ($11.16) ($8.25)
Total Capital
53 34 27
Total Debt
108 79 60
Total Long-Term Debt
108 79 60
Net Debt
58 49 39
Capital Expenditures (CapEx)
0.64 0.58 0.31
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1.08 0.79 2.18
Debt-free Net Working Capital (DFNWC)
49 31 23
Net Working Capital (NWC)
49 31 23
Net Nonoperating Expense (NNE)
8.31 5.59 3.61
Net Nonoperating Obligations (NNO)
58 49 39
Total Depreciation and Amortization (D&A)
1.71 1.64 1.48
Debt-free, Cash-free Net Working Capital to Revenue
-0.94% 0.60% 1.57%
Debt-free Net Working Capital to Revenue
42.64% 23.44% 16.74%
Net Working Capital to Revenue
42.64% 23.44% 16.74%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$3.30 $4.80 $4.81
Adjusted Weighted Average Basic Shares Outstanding
4.12M 4.09M 4.08M
Adjusted Diluted Earnings per Share
$3.30 $4.80 $4.80
Adjusted Weighted Average Diluted Shares Outstanding
4.12M 4.09M 4.09M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
4.12M 4.08M 4.08M
Normalized Net Operating Profit after Tax (NOPAT)
22 25 23
Normalized NOPAT Margin
19.07% 19.28% 16.76%
Pre Tax Income Margin
16.13% 20.49% 19.80%
Debt Service Ratios
- - -
EBIT to Interest Expense
2.60 4.26 5.90
NOPAT to Interest Expense
1.91 3.11 4.21
EBIT Less CapEx to Interest Expense
2.55 4.18 5.84
NOPAT Less CapEx to Interest Expense
1.85 3.04 4.15
Payout Ratios
- - -
Dividend Payout Ratio
45.40% 38.54% 41.60%
Augmented Payout Ratio
45.40% 48.18% 41.60%

Quarterly Metrics And Ratios for Nathan's Famous

This table displays calculated financial ratios and metrics derived from Nathan's Famous' official financial filings.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 3/27/2022 6/26/2022 9/25/2022 12/25/2022 3/26/2023 6/25/2023 9/24/2023 12/24/2023 6/30/2024 9/29/2024 12/29/2024
Growth Metrics
- - - - - - - - - - -
Revenue Growth
35.48% 26.82% 14.05% 0.93% 5.63% 0.00% 3.33% 10.46% 6.63% 6.10% 9.10%
EBITDA Growth
10.50% 8.89% 30.99% 10.83% 17.79% 0.38% -7.71% -17.67% 18.46% 4.42% 27.31%
EBIT Growth
12.61% 10.11% 33.64% 11.68% 18.33% 0.00% -8.25% -17.76% 19.87% 5.79% 31.31%
NOPAT Growth
28.22% 11.81% 33.56% 15.18% 10.35% 0.00% -9.50% -22.15% 19.33% 8.47% 39.36%
Net Income Growth
4.71% 23.84% 68.07% 53.19% 62.74% 0.00% -4.15% -20.10% 25.57% 5.59% 72.00%
EPS Growth
4.00% 24.29% 69.77% 51.92% 67.31% 0.00% -4.11% -18.99% 25.41% 5.00% 71.88%
Operating Cash Flow Growth
8.67% 901.30% -13.80% 265.20% -1.11% 0.00% 20.91% -37.31% 132.45% 6.67% 62.51%
Free Cash Flow Firm Growth
59.31% 326.38% 64.79% -33.81% -21.77% 67.91% 178.53% -11.74% -88.84% -99.44% 49.97%
Invested Capital Growth
-4.77% -14.67% 55.65% 21.51% 47.67% 0.00% 0.00% 8.92% 0.00% 0.00% 7.39%
Revenue Q/Q Growth
-4.40% 60.34% -10.69% -32.50% 0.05% 60.45% -7.72% -25.43% 0.00% -8.17% -23.33%
EBITDA Q/Q Growth
7.92% 86.36% -12.77% -29.53% 14.70% 54.66% -19.81% -42.12% 0.00% -29.32% -29.43%
EBIT Q/Q Growth
9.28% 92.31% -13.38% -31.28% 15.78% 58.14% -20.52% -43.49% 0.00% -29.86% -29.85%
NOPAT Q/Q Growth
25.79% 69.18% -12.59% -30.34% 20.51% 50.59% -20.90% -45.77% 0.00% -28.10% -30.32%
Net Income Q/Q Growth
1.31% 230.72% -19.36% -42.86% 7.63% 110.36% -22.70% -54.35% 0.00% -35.00% -25.64%
EPS Q/Q Growth
0.00% 234.62% -19.34% -43.57% 10.13% 108.05% -22.65% -54.29% 0.00% -35.24% -25.17%
Operating Cash Flow Q/Q Growth
575.67% -88.28% 254.93% -53.34% 82.96% -66.99% 329.14% -75.81% -22.06% 96.94% -63.14%
Free Cash Flow Firm Q/Q Growth
2.76% 90.51% -50.21% -19.51% 21.46% 302.67% -17.41% -78.15% 0.00% -95.87% 5,766.54%
Invested Capital Q/Q Growth
-46.73% 154.79% -13.75% 3.81% -35.27% -100.00% 0.00% 0.00% 0.00% -12.94% 17.77%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
44.99% 42.93% 41.60% 42.93% 48.82% 41.21% 37.57% 38.14% 43.62% 36.68% 37.91%
EBITDA Margin
26.34% 30.62% 27.55% 25.63% 29.38% 28.32% 24.61% 19.10% 31.46% 24.22% 22.29%
Operating Margin
24.66% 29.66% 26.44% 24.21% 27.63% 27.30% 23.50% 17.78% 30.70% 23.43% 21.42%
EBIT Margin
24.77% 29.71% 26.53% 23.98% 27.75% 27.35% 23.56% 17.85% 30.75% 23.49% 21.49%
Profit (Net Income) Margin
8.71% 17.97% 15.89% 12.48% 13.42% 17.60% 14.74% 9.02% 20.72% 14.67% 14.23%
Tax Burden Percent
82.34% 72.24% 73.69% 72.74% 76.78% 72.92% 72.62% 69.80% 72.57% 74.45% 74.01%
Interest Burden Percent
42.71% 83.71% 81.27% 71.52% 62.99% 88.23% 86.16% 72.41% 92.87% 83.88% 89.46%
Effective Tax Rate
17.67% 27.76% 26.31% 27.26% 23.22% 27.08% 27.38% 30.20% 27.43% 25.55% 25.99%
Return on Invested Capital (ROIC)
726.56% 304.78% 440.87% 349.88% 715.28% 0.00% 0.00% 227.87% 772.99% 706.82% 287.59%
ROIC Less NNEP Spread (ROIC-NNEP)
721.93% 302.38% 438.24% 347.53% 711.48% 0.00% 0.00% 225.83% 768.84% 698.78% 286.13%
Return on Net Nonoperating Assets (RNNOA)
-761.39% -356.22% -492.47% -392.23% -766.92% 0.00% 0.00% -267.48% -1,014.59% -931.75% -371.69%
Return on Equity (ROE)
-34.83% -51.44% -51.60% -42.35% -51.64% 0.00% 0.00% -39.60% -241.60% -224.93% -84.10%
Cash Return on Invested Capital (CROIC)
687.16% 278.97% 392.34% 356.75% 611.68% 0.00% 0.00% 304.50% 409.79% 516.04% 324.97%
Operating Return on Assets (OROA)
30.39% 40.74% 37.27% 31.62% 52.94% 0.00% 0.00% 39.23% 74.29% 58.51% 68.66%
Return on Assets (ROA)
10.69% 24.63% 22.32% 16.45% 25.60% 0.00% 0.00% 19.83% 50.06% 36.54% 45.46%
Return on Common Equity (ROCE)
-34.83% -51.44% -51.60% -42.35% -51.64% 0.00% 0.00% -39.60% -241.60% -224.93% -84.10%
Return on Equity Simple (ROE_SIMPLE)
0.00% -38.17% -49.14% -39.75% 0.00% 0.00% 0.00% -54.24% -84.33% -102.54% -124.80%
Net Operating Profit after Tax (NOPAT)
5.03 8.51 7.31 4.61 5.55 8.36 6.61 3.59 9.97 7.17 5.00
NOPAT Margin
20.30% 21.42% 19.48% 17.61% 21.21% 19.91% 17.06% 12.41% 22.28% 17.44% 15.85%
Net Nonoperating Expense Percent (NNEP)
4.64% 2.39% 2.63% 2.35% 3.80% 0.00% 0.00% 2.04% 4.14% 8.04% 1.46%
Return On Investment Capital (ROIC_SIMPLE)
- 21.32% - - - - - 14.63% - - 15.58%
Cost of Revenue to Revenue
55.01% 57.07% 58.40% 57.07% 51.18% 58.79% 62.43% 61.86% 56.38% 63.32% 62.09%
SG&A Expenses to Revenue
17.07% 11.63% 12.33% 15.65% 18.20% 12.15% 11.79% 17.67% 11.40% 11.29% 14.09%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
20.33% 13.28% 15.16% 18.72% 21.19% 13.91% 14.07% 20.36% 12.91% 13.25% 16.49%
Earnings before Interest and Taxes (EBIT)
6.14 12 9.95 6.27 7.26 11 9.13 5.16 14 9.66 6.77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
6.53 12 10 6.70 7.69 12 9.53 5.52 14 9.96 7.03
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.84 1.80 1.93 2.00 2.17 2.26 2.10 2.24 1.95 2.31 2.20
Price to Earnings (P/E)
15.51 14.86 14.19 14.17 14.46 15.12 14.39 16.18 12.79 15.24 13.61
Dividend Yield
2.93% 2.96% 2.81% 2.84% 2.66% 2.58% 2.82% 2.66% 2.97% 2.46% 2.53%
Earnings Yield
6.45% 6.73% 7.05% 7.06% 6.91% 6.61% 6.95% 6.18% 7.82% 6.56% 7.35%
Enterprise Value to Invested Capital (EV/IC)
85.86 33.78 41.96 43.66 72.00 0.00 0.00 44.94 37.88 50.86 41.87
Enterprise Value to Revenue (EV/Rev)
2.34 2.19 2.26 2.41 2.55 0.00 0.00 2.55 2.18 2.51 2.39
Enterprise Value to EBITDA (EV/EBITDA)
8.50 8.25 8.23 8.93 9.22 0.00 0.00 10.35 8.51 9.84 9.16
Enterprise Value to EBIT (EV/EBIT)
8.99 8.70 8.62 9.36 9.66 0.00 0.00 10.86 8.85 10.19 9.45
Enterprise Value to NOPAT (EV/NOPAT)
12.28 11.82 11.72 12.73 13.21 0.00 0.00 14.97 12.42 14.20 13.06
Enterprise Value to Operating Cash Flow (EV/OCF)
16.32 14.54 16.67 15.67 16.79 0.00 0.00 17.40 13.51 15.38 14.08
Enterprise Value to Free Cash Flow (EV/FCFF)
12.19 11.15 13.02 13.43 14.04 0.00 0.00 15.39 18.49 19.71 13.34
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
-1.97 -2.02 -2.24 -2.36 -1.77 0.00 0.00 -1.70 -2.34 -2.80 -2.69
Long-Term Debt to Equity
-1.97 -2.02 -2.24 -2.36 -1.77 0.00 0.00 -1.70 -2.34 -2.69 -2.56
Financial Leverage
-1.05 -1.18 -1.12 -1.13 -1.08 0.00 0.00 -1.18 -1.32 -1.33 -1.30
Leverage Ratio
-1.59 -1.85 -1.99 -1.94 -1.38 0.00 0.00 -1.54 -2.30 -2.71 -1.70
Compound Leverage Factor
-0.68 -1.55 -1.62 -1.39 -0.87 0.00 0.00 -1.12 -2.13 -2.27 -1.52
Debt to Total Capital
203.37% 198.27% 180.64% 173.43% 229.22% 0.00% 0.00% 242.69% 174.72% 155.57% 159.22%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.27% 7.48%
Long-Term Debt to Total Capital
203.37% 198.27% 180.64% 173.43% 229.22% 0.00% 0.00% 242.69% 174.72% 149.30% 151.74%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
-103.37% -98.27% -80.64% -73.43% -129.22% 0.00% 0.00% -142.69% -74.72% -55.57% -59.22%
Debt to EBITDA
3.42 2.42 2.26 3.11 2.19 0.00 0.00 1.76 1.64 1.62 1.34
Net Debt to EBITDA
1.84 1.45 1.20 1.52 1.36 0.00 0.00 1.26 0.93 0.77 0.72
Long-Term Debt to EBITDA
3.42 2.42 2.26 3.11 2.19 0.00 0.00 1.76 1.64 1.56 1.27
Debt to NOPAT
4.94 3.47 3.22 4.43 3.13 0.00 0.00 2.55 2.40 2.35 1.91
Net Debt to NOPAT
2.65 2.07 1.72 2.17 1.95 0.00 0.00 1.83 1.35 1.12 1.02
Long-Term Debt to NOPAT
4.94 3.47 3.22 4.43 3.13 0.00 0.00 2.55 2.40 2.25 1.82
Altman Z-Score
2.84 4.07 4.40 3.53 4.43 0.00 0.00 6.18 5.74 6.29 7.10
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
3.98 2.92 3.77 6.07 2.83 0.00 0.00 2.84 2.69 3.03 2.94
Quick Ratio
3.87 2.80 3.65 5.94 2.69 0.00 0.00 2.66 2.55 2.92 2.82
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
5.19 9.88 4.84 3.34 4.06 16 13 2.95 1.82 0.08 4.42
Operating Cash Flow to CapEx
3,848.54% 315.98% 2,077.38% 2,868.55% 10,496.77% 2,942.47% 9,602.08% 3,013.51% 12,178.05% 11,048.31% 8,839.02%
Free Cash Flow to Firm to Interest Expense
1.47 5.08 2.49 1.72 1.45 11.55 9.55 1.89 1.72 0.04 4.93
Operating Cash Flow to Interest Expense
1.86 0.40 3.92 1.83 2.33 1.52 6.52 1.43 4.71 5.54 4.04
Operating Cash Flow Less CapEx to Interest Expense
1.81 0.27 3.73 1.77 2.30 1.47 6.46 1.38 4.67 5.49 3.99
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.23 1.37 1.40 1.32 1.91 0.00 0.00 2.20 2.42 2.49 3.20
Accounts Receivable Turnover
9.18 6.14 8.37 9.51 9.20 0.00 0.00 10.29 6.91 9.17 10.33
Inventory Turnover
113.72 95.66 79.44 213.32 141.70 0.00 0.00 185.22 89.95 85.16 152.85
Fixed Asset Turnover
29.18 34.54 37.12 35.23 36.81 0.00 0.00 43.43 55.78 60.05 58.08
Accounts Payable Turnover
12.51 10.33 13.88 15.77 11.71 0.00 0.00 19.33 11.88 13.38 18.66
Days Sales Outstanding (DSO)
39.76 59.43 43.63 38.39 39.69 0.00 0.00 35.47 52.85 39.79 35.33
Days Inventory Outstanding (DIO)
3.21 3.82 4.59 1.71 2.58 0.00 0.00 1.97 4.06 4.29 2.39
Days Payable Outstanding (DPO)
29.19 35.34 26.29 23.14 31.18 0.00 0.00 18.88 30.71 27.27 19.56
Cash Conversion Cycle (CCC)
13.78 27.91 21.93 16.96 11.08 0.00 0.00 18.56 26.19 16.80 18.15
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
3.13 7.98 6.88 7.15 4.63 0.00 0.00 7.78 8.15 7.10 8.36
Invested Capital Turnover
35.78 14.23 22.63 19.87 33.72 0.00 0.00 18.36 34.69 40.52 18.14
Increase / (Decrease) in Invested Capital
-0.16 -1.37 2.46 1.27 1.49 -7.98 -6.88 0.64 8.15 7.10 0.58
Enterprise Value (EV)
269 270 289 312 333 0.00 0.00 350 309 361 350
Market Capitalization
211 222 247 259 284 300 282 307 275 332 323
Book Value per Share
($13.36) ($9.53) ($8.67) ($11.27) ($10.92) $0.00 $0.00 ($8.57) ($6.24) ($5.21) ($4.65)
Tangible Book Value per Share
($13.64) ($9.76) ($8.88) ($11.51) ($11.16) $0.00 $0.00 ($8.78) ($6.43) ($5.38) ($4.81)
Total Capital
53 40 44 63 34 0.00 0.00 25 34 38 32
Total Debt
108 79 79 109 79 0.00 0.00 59 60 60 51
Total Long-Term Debt
108 79 79 109 79 0.00 0.00 59 60 57 49
Net Debt
58 47 42 53 49 0.00 0.00 43 34 28 27
Capital Expenditures (CapEx)
0.17 0.24 0.37 0.12 0.06 0.07 0.10 0.07 0.04 0.09 0.04
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1.08 4.22 3.07 2.96 0.79 0.00 0.00 4.32 4.78 3.81 5.19
Debt-free Net Working Capital (DFNWC)
49 36 40 58 31 0.00 0.00 21 31 35 29
Net Working Capital (NWC)
49 36 40 58 31 0.00 0.00 21 31 33 27
Net Nonoperating Expense (NNE)
2.87 1.37 1.35 1.34 2.04 0.97 0.90 0.98 0.70 1.14 0.51
Net Nonoperating Obligations (NNO)
58 47 42 53 49 0.00 0.00 43 34 28 27
Total Depreciation and Amortization (D&A)
0.39 0.36 0.38 0.43 0.43 0.41 0.41 0.36 0.32 0.30 0.25
Debt-free, Cash-free Net Working Capital to Revenue
-0.94% 3.42% 2.40% 2.29% 0.60% 0.00% 0.00% 3.15% 3.38% 2.65% 3.55%
Debt-free Net Working Capital to Revenue
42.64% 29.33% 31.31% 45.14% 23.44% 0.00% 0.00% 15.36% 21.76% 24.36% 19.75%
Net Working Capital to Revenue
42.64% 29.33% 31.31% 45.14% 23.44% 0.00% 0.00% 15.36% 21.76% 22.69% 18.11%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.52 $1.74 $1.46 $0.80 $0.86 $0.00 $0.00 $0.64 $2.27 $1.48 $1.10
Adjusted Weighted Average Basic Shares Outstanding
4.12M 4.11M 4.08M 4.08M 4.09M 0.00 0.00 4.08M 4.09M 4.09M 4.09M
Adjusted Diluted Earnings per Share
$0.52 $1.74 $1.46 $0.79 $0.87 $0.00 $0.00 $0.64 $2.27 $1.47 $1.10
Adjusted Weighted Average Diluted Shares Outstanding
4.12M 4.11M 4.08M 4.12M 4.09M 0.00 0.00 4.08M 4.09M 4.10M 4.09M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
4.12M 4.08M 4.08M 4.08M 4.08M 0.00 0.00 4.08M 4.08M 4.08M 4.09M
Normalized Net Operating Profit after Tax (NOPAT)
5.03 8.51 7.31 4.61 5.55 8.36 6.61 3.59 9.97 7.17 5.00
Normalized NOPAT Margin
20.30% 21.42% 19.48% 17.61% 21.21% 19.91% 17.06% 12.41% 22.28% 17.44% 15.85%
Pre Tax Income Margin
10.58% 24.87% 21.56% 17.15% 17.48% 24.13% 20.30% 12.93% 28.56% 19.70% 19.22%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
1.73 6.07 5.12 3.23 2.60 8.12 6.46 3.30 12.99 5.44 7.55
NOPAT to Interest Expense
1.42 4.38 3.76 2.37 1.98 5.91 4.68 2.30 9.41 4.04 5.57
EBIT Less CapEx to Interest Expense
1.69 5.95 4.93 3.16 2.57 8.07 6.39 3.26 12.95 5.39 7.51
NOPAT Less CapEx to Interest Expense
1.37 4.25 3.57 2.31 1.96 5.86 4.61 2.25 9.37 3.99 5.52
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
45.40% 31.62% 0.00% 40.38% 38.54% 0.00% 0.00% 43.01% 0.00% 37.42% 34.46%
Augmented Payout Ratio
45.40% 31.62% 10.88% 50.74% 48.18% 0.00% 0.00% 43.01% 0.00% 37.42% 34.46%

Financials Breakdown Chart

Key Financial Trends

Nathan's Famous, Inc. (NASDAQ:NATH) has reported results for Q3 2025 and the preceding three quarters. Here are the most notable trends from the last four quarters, focused on cash flow, profitability, and balance sheet dynamics that retail investors should watch.

  • Net income from continuing operations remained positive in all three most recent quarters (Q1 2025: about $9.28M; Q2 2025: about $6.03M; Q3 2025: about $4.48M), indicating ongoing profitability from core operations.
  • Cash flow from continuing operating activities was positive in each of the last three quarters, with Q2 2025 producing a peak around $9.83M, confirming cash generation from operations despite revenue changes.
  • Gross profit stayed positive across Q1–Q3 2025 (Q1 approx. $19.53M; Q2 approx. $15.08M; Q3 approx. $11.95M), suggesting sustained gross margins despite top-line volatility.
  • Earnings per share were positive in all three quarters (Q1 2025 basic/diluted around $2.27; Q2 2025 around $1.48; Q3 2025 around $1.10), indicating earnings per share remained meaningful even as quarterly revenue declined.
  • Revenue trended lower sequentially through Q1–Q3 2025 (Q1 to Q2 to Q3), signaling seasonality or demand pressures that may affect near-term top-line growth.
  • Share count remained relatively stable over the period, with weighted-average basic/diluted shares around 4.08–4.10 million, limiting dilution effects in the near term.
  • Balance-sheet composition shows volatility in assets and liabilities quarter to quarter, reflecting ongoing adjustments in capitalization and working capital rather than a simple, linear trend.
  • Net change in cash and cash equivalents was negative in Q3 2025 (a quarterly cash outflow), which could pressure liquidity if sustained in upcoming quarters.
  • Total equity remained negative across the latest quarters, indicating a shareholder deficit driven by large treasury stock and structural balance-sheet factors, which is a material risk signal for investors.
  • Long-term debt and overall liabilities remained elevated and/or rising across the period, implying added leverage and balance-sheet risk that could impact financial flexibility.
05/11/26 08:03 PM ETAI Generated. May Contain Errors.

Nathan's Famous Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Nathan's Famous' fiscal year ends in March. Their fiscal year 2024 ended on March 31, 2024.

Nathan's Famous' net income appears to be on an upward trend, with a most recent value of $19.62 million in 2024, rising from $13.60 million in 2022. The previous period was $19.62 million in 2023. See where experts think Nathan's Famous is headed by visiting Nathan's Famous' forecast page.

Nathan's Famous' total operating income in 2024 was $32.51 million, based on the following breakdown:
  • Total Gross Profit: $55.43 million
  • Total Operating Expenses: $22.92 million

Over the last 2 years, Nathan's Famous' total revenue changed from $114.88 million in 2022 to $138.61 million in 2024, a change of 20.7%.

Nathan's Famous' total liabilities were at $81.78 million at the end of 2024, a 20.7% decrease from 2023, and a 38.7% decrease since 2022.

In the past 2 years, Nathan's Famous' cash and equivalents has ranged from $21.03 million in 2024 to $50.06 million in 2022, and is currently $21.03 million as of their latest financial filing in 2024.

Over the last 2 years, Nathan's Famous' book value per share changed from -13.36 in 2022 to -8.06 in 2024, a change of -39.7%.



Financial statements for NASDAQ:NATH last updated on 4/7/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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