Nathan's Famous share price
Nathan's Famous, Inc. · NATH · Consumer Discretionary · Restaurants · last close in our records 23 October 2026 · results updated weekly · All US stock lists
Nathan's Famous share price: $102.05 at the close on 23 October 2026, the latest close in our records, −5.6% in a year.
Nathan's Famous, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
Biggest thing to watch: the P/E is higher than 99% of its own history, so the multiple has already done part of the work.
The price has been between phases, and the P/E is higher than 99% of its own last 1 year. But the balance sheet is under water: net worth is negative, so shareholders come after everyone the company owes. What will decide it: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first.
What is the Nathan's Famous share price?
Nathan's Famous, Inc.'s share price was $102.05 at the close on 23 October 2026. That is 2.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $90 and $109, and at that close it sat 65% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.
Oct 2026: $102.05, 2.1% above its 200-day average.
- Price $102.05
- 50-day avg $99.37
- 200-day avg $99.95
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $113.47 | – | – |
| 18 Jul 2025 | $98.38 | – | – |
| 25 Jul 2025 | $95.68 | – | – |
| 1 Aug 2025 | $94.85 | – | – |
| 8 Aug 2025 | $97.25 | – | – |
| 15 Aug 2025 | $105.32 | – | – |
| 22 Aug 2025 | $108.92 | – | – |
| 29 Aug 2025 | $104.70 | – | – |
| 5 Sep 2025 | $105.00 | – | – |
| 12 Sep 2025 | $107.73 | – | – |
| 19 Sep 2025 | $102.97 | $103.27 | – |
| 26 Sep 2025 | $109.01 | $103.19 | – |
| 3 Oct 2025 | $112.50 | $104.55 | – |
| 10 Oct 2025 | $104.47 | $105.64 | – |
| 17 Oct 2025 | $109.35 | $106.64 | – |
| 24 Oct 2025 | $108.10 | $107.52 | – |
| 31 Oct 2025 | $105.83 | $107.48 | – |
| 7 Nov 2025 | $108.61 | $107.54 | – |
| 14 Nov 2025 | $98.11 | $107.05 | – |
| 21 Nov 2025 | $97.33 | $105.89 | – |
| 28 Nov 2025 | $92.26 | $104.63 | – |
| 5 Dec 2025 | $89.90 | $103.24 | – |
| 12 Dec 2025 | $95.18 | $101.53 | – |
| 19 Dec 2025 | $95.96 | $100.34 | – |
| 26 Dec 2025 | $94.28 | $99.20 | – |
| 2 Jan 2026 | $91.98 | $97.88 | – |
| 9 Jan 2026 | $90.75 | $96.24 | – |
| 16 Jan 2026 | $93.58 | $94.92 | – |
| 23 Jan 2026 | $100.75 | $94.28 | – |
| 30 Jan 2026 | $101.12 | $94.54 | – |
| 6 Feb 2026 | $101.20 | $95.22 | – |
| 13 Feb 2026 | $100.75 | $96.12 | – |
| 20 Feb 2026 | $101.20 | $96.86 | – |
| 27 Feb 2026 | $100.58 | $97.51 | – |
| 6 Mar 2026 | $100.37 | $97.96 | – |
| 13 Mar 2026 | $100.36 | $98.64 | – |
| 20 Mar 2026 | $100.48 | $99.52 | – |
| 27 Mar 2026 | $100.68 | $100.35 | – |
| 2 Apr 2026 | $100.68 | $100.78 | – |
| 10 Apr 2026 | $101.69 | $100.79 | – |
| 17 Apr 2026 | $101.79 | $100.79 | – |
| 24 Apr 2026 | $101.14 | $100.81 | $101.17 |
| 1 May 2026 | $100.26 | $100.78 | $100.92 |
| 8 May 2026 | $101.40 | $100.81 | $100.98 |
| 15 May 2026 | $101.21 | $100.86 | $101.12 |
| 22 May 2026 | $101.07 | $100.91 | $101.20 |
| 29 May 2026 | $100.90 | $100.95 | $101.23 |
| 5 Jun 2026 | $101.84 | $101.02 | $101.14 |
| 12 Jun 2026 | $101.94 | $101.12 | $101.00 |
| 18 Jun 2026 | $101.66 | $101.20 | $100.92 |
| 26 Jun 2026 | $102.08 | $101.19 | $100.82 |
| 2 Jul 2026 | $101.55 | $101.19 | $100.69 |
| 10 Jul 2026 | $100.52 | $101.18 | $100.55 |
| 17 Jul 2026 | $96.05 | $101.08 | $100.35 |
| 24 Jul 2026 | $98.18 | $100.74 | $100.02 |
| 31 Jul 2026 | $98.11 | $100.52 | $99.83 |
| 7 Aug 2026 | $98.01 | $100.24 | $99.55 |
| 14 Aug 2026 | $96.97 | $99.86 | $99.26 |
| 21 Aug 2026 | $98.61 | $99.45 | $99.05 |
| 28 Aug 2026 | $98.47 | $99.07 | $98.83 |
| 4 Sep 2026 | $98.67 | $98.76 | $98.82 |
| 11 Sep 2026 | $97.97 | $98.48 | $98.87 |
| 18 Sep 2026 | $98.98 | $98.21 | $99.03 |
| 25 Sep 2026 | $101.55 | $97.86 | $99.16 |
| 2 Oct 2026 | $101.49 | $98.26 | $99.35 |
| 9 Oct 2026 | $101.77 | $98.56 | $99.49 |
| 16 Oct 2026 | $101.90 | $98.91 | $99.69 |
| 23 Oct 2026 | $102.05 | $99.37 | $99.95 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 15 of 55 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −12.6% |
| 17 Oct 2025 | +5.3% |
| 24 Oct 2025 | +6.7% |
| 31 Oct 2025 | +1.9% |
| 7 Nov 2025 | +6.4% |
| 14 Nov 2025 | −11.3% |
| 21 Nov 2025 | −12.8% |
| 28 Nov 2025 | −17.8% |
| 5 Dec 2025 | −20.3% |
| 12 Dec 2025 | −15.4% |
| 19 Dec 2025 | −9.4% |
| 26 Dec 2025 | −17.8% |
| 2 Jan 2026 | −20.3% |
| 9 Jan 2026 | −19.4% |
| 16 Jan 2026 | −18.5% |
| 23 Jan 2026 | −8.6% |
| 30 Jan 2026 | −5.9% |
| 6 Feb 2026 | −9.8% |
| 13 Feb 2026 | +1.2% |
| 20 Feb 2026 | −0.6% |
| 27 Feb 2026 | +8.6% |
| 6 Mar 2026 | +13.6% |
| 13 Mar 2026 | +8.3% |
| 20 Mar 2026 | +9.4% |
| 27 Mar 2026 | +14.9% |
| 2 Apr 2026 | +13.5% |
| 10 Apr 2026 | +14.2% |
| 17 Apr 2026 | +6.1% |
| 24 Apr 2026 | −3.2% |
| 1 May 2026 | −5.0% |
| 8 May 2026 | −6.6% |
| 15 May 2026 | −8.0% |
| 22 May 2026 | −8.3% |
| 29 May 2026 | −10.0% |
| 5 Jun 2026 | −8.2% |
| 12 Jun 2026 | −10.4% |
| 18 Jun 2026 | −14.0% |
| 26 Jun 2026 | −13.6% |
| 2 Jul 2026 | −12.7% |
| 10 Jul 2026 | −12.3% |
| 17 Jul 2026 | −10.3% |
| 24 Jul 2026 | −6.4% |
| 31 Jul 2026 | −5.8% |
| 7 Aug 2026 | −8.2% |
| 14 Aug 2026 | −9.2% |
| 21 Aug 2026 | −5.1% |
| 28 Aug 2026 | −4.1% |
| 4 Sep 2026 | −7.5% |
| 11 Sep 2026 | −6.9% |
| 18 Sep 2026 | −4.6% |
| 25 Sep 2026 | −6.3% |
| 2 Oct 2026 | −3.4% |
| 9 Oct 2026 | −1.9% |
| 16 Oct 2026 | +3.4% |
| 23 Oct 2026 | +1.1% |
Over the last 1 year the share price moved −10% while the S&P 500 moved +22%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Nathan's Famous pay?
Nathan's Famous, Inc. paid $2.00 per share over the last four reported quarters. The most recent declaration was $0.50 for Jun 2026. At today's price of $102.05 that is a yield of 1.96%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $0.50 (Jun 2026)
- Dividend per share $0.50
| Quarter | Dividend per share |
|---|---|
| Sep 2023 | $0.50 |
| Dec 2023 | $0.50 |
| Mar 2024 | $0.50 |
| Jun 2024 | $0.50 |
| Sep 2024 | $0.50 |
| Dec 2024 | $0.50 |
| Mar 2025 | $0.50 |
| Jun 2025 | $0.50 |
| Sep 2025 | $0.50 |
| Dec 2025 | $0.50 |
| Mar 2026 | $0.50 |
| Jun 2026 | $0.50 |
Which stock lists is Nathan's Famous on?
Nathan's Famous is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is Nathan's Famous profitable?
Nathan's Famous, Inc. earned $8.8 M of net profit in the Jun 2026 quarter, −1.1% on the same quarter a year earlier. Full-year FY26 profit was $20.0 M. Over 4 years profit has grown 10.2% a year on average. That is 16.3% of the quarter's revenue. The same quarter a year earlier earned $8.9 M.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
For the full year, FY26 profit was $20.0 M (−16.7% on the year before).
FY26 profit $20.0 M (−16.7% on the year before), 10.2% a year over 4 years
- Net profit $20.0 M
| Quarter | Net profit |
|---|---|
| FY22 | $13.6 M |
| FY23 | $19.6 M |
| FY24 | $19.6 M |
| FY25 | $24.0 M |
| FY26 | $20.0 M |
Growth on a year earlier
- Growth on a year earlier −16.7%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | 44.3% |
| FY24 | 0% |
| FY25 | 22.5% |
| FY26 | −16.7% |
Jun 2026: $8.8 M (−1.1% on a year earlier)
- Net profit (quarterly) $8.8 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $5.7 M |
| Dec 2023 | $2.6 M |
| Mar 2024 | $3.9 M |
| Jun 2024 | $9.3 M |
| Sep 2024 | $6.0 M |
| Dec 2024 | $4.5 M |
| Mar 2025 | $4.2 M |
| Jun 2025 | $8.9 M |
| Sep 2025 | $5.2 M |
| Dec 2025 | $3.1 M |
| Mar 2026 | $2.8 M |
| Jun 2026 | $8.8 M |
Growth on a year earlier
- Growth on a year earlier −1.1%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −4.1% |
| Dec 2023 | −20.1% |
| Mar 2024 | 19.8% |
| Jun 2024 | 25.6% |
| Sep 2024 | 5.6% |
| Dec 2024 | 72% |
| Mar 2025 | 8.3% |
| Jun 2025 | −3.8% |
| Sep 2025 | −13.8% |
| Dec 2025 | −31.2% |
| Mar 2026 | −33.7% |
| Jun 2026 | −1.1% |
Why profit moved: revenue changed +15.0% on a year earlier and the margin moved −3.3 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed −19.9% and revenue +12.2%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does Nathan's Famous make, and is it growing?
Nathan's Famous, Inc. reported $54.1 M of revenue in the Jun 2026 quarter, +15.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 9.0% a year on average. The last full year, FY26, came in at $162 M.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $169 M.
FY26 revenue was $162 M, +9.4% on the year before.
FY26 revenue $162 M (+9.4% on the year before), 9.0% a year over 4 years
- Revenue $162 M
| Quarter | Revenue |
|---|---|
| FY22 | $115 M |
| FY23 | $131 M |
| FY24 | $139 M |
| FY25 | $148 M |
| FY26 | $162 M |
Growth on a year earlier
- Growth on a year earlier 9.4%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | 13.8% |
| FY24 | 6% |
| FY25 | 6.9% |
| FY26 | 9.4% |
Jun 2026: $54.1 M (+15.0% on a year earlier), the 12th quarter in a row of growth
- Revenue (quarterly) $54.1 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $38.7 M |
| Dec 2023 | $28.9 M |
| Mar 2024 | $29.0 M |
| Jun 2024 | $44.8 M |
| Sep 2024 | $41.1 M |
| Dec 2024 | $31.5 M |
| Mar 2025 | $30.8 M |
| Jun 2025 | $47.0 M |
| Sep 2025 | $45.7 M |
| Dec 2025 | $34.3 M |
| Mar 2026 | $35.1 M |
| Jun 2026 | $54.1 M |
Growth on a year earlier
- Growth on a year earlier 15%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 3.3% |
| Dec 2023 | 10.5% |
| Mar 2024 | 5.8% |
| Jun 2024 | 6.6% |
| Sep 2024 | 6.1% |
| Dec 2024 | 9.1% |
| Mar 2025 | 6.2% |
| Jun 2025 | 5% |
| Sep 2025 | 11.1% |
| Dec 2025 | 8.9% |
| Mar 2026 | 13.9% |
| Jun 2026 | 15% |
Recent pace: the last four quarters grew +12.2% on average, against 9.0% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +12.4%, against +9.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −15.9%, against −3.8% a year (rolling over).
How much of every $100 of sales does Nathan's Famous keep?
Nathan's Famous, Inc.'s operating margin was 23.9% in the Jun 2026 quarter, 3.3 percentage points lower than the same quarter a year ago. Across 5 years it has been between 20.6% and 26.3%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed −3.3 percentage points on the year while gross margin changed −4.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
FY26: 20.6%, within a range of 20.6% to 26.3% over 5 years
- Operating margin 20.6%
| Quarter | Operating margin |
|---|---|
| FY22 | 26% |
| FY23 | 26.3% |
| FY24 | 23.5% |
| FY25 | 24.6% |
| FY26 | 20.6% |
Change on the year before (points)
- Change on the year before (points) −4.0 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY22 | – |
| FY23 | +0.3 pts |
| FY24 | −2.8 pts |
| FY25 | +1.1 pts |
| FY26 | −4.0 pts |
Jun 2026: operating margin 23.9% (−3.3 points on a year earlier)
- Operating margin 23.9%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 23.5% |
| Dec 2023 | 17.8% |
| Mar 2024 | 23.5% |
| Jun 2024 | 30.7% |
| Sep 2024 | 23.4% |
| Dec 2024 | 21.4% |
| Mar 2025 | 20.7% |
| Jun 2025 | 27.2% |
| Sep 2025 | 16.4% |
| Dec 2025 | 14.9% |
| Mar 2026 | 22.5% |
| Jun 2026 | 23.9% |
Change on a year earlier (points)
- Change on a year earlier (points) −3.3 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −2.9 pts |
| Dec 2023 | −6.4 pts |
| Mar 2024 | +0.1 pts |
| Jun 2024 | +3.4 pts |
| Sep 2024 | −0.1 pts |
| Dec 2024 | +3.6 pts |
| Mar 2025 | −2.8 pts |
| Jun 2025 | −3.5 pts |
| Sep 2025 | −7.0 pts |
| Dec 2025 | −6.5 pts |
| Mar 2026 | +1.8 pts |
| Jun 2026 | −3.3 pts |
Is Nathan's Famous' profit turning into cash?
Over the last 3 years, 100% of Nathan's Famous, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $18.2 M of operating cash against $20.0 M of profit. After $370 K of spending on assets, $17.9 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY26: operating cash $18.2 M against profit $20.0 M; 100% of 3 years' profit came in as cash
- Operating cash $18.2 M
- Net profit $20.0 M
- Free cash $17.9 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY22 | $16.5 M | $13.6 M | $15.8 M |
| FY23 | $19.8 M | $19.6 M | $19.2 M |
| FY24 | $20.0 M | $19.6 M | $19.7 M |
| FY25 | $25.2 M | $24.0 M | $25.0 M |
| FY26 | $18.2 M | $20.0 M | $17.9 M |
Jun 2026: operating cash $0.9 M = 11% of the quarter's profit
- Operating cash (quarterly) $0.9 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $9.2 M |
| Dec 2023 | $2.2 M |
| Mar 2024 | $6.4 M |
| Jun 2024 | $5.0 M |
| Sep 2024 | $9.8 M |
| Dec 2024 | $3.6 M |
| Mar 2025 | $6.8 M |
| Jun 2025 | −$0.2 M |
| Sep 2025 | $10.2 M |
| Dec 2025 | $5.8 M |
| Mar 2026 | $2.5 M |
| Jun 2026 | $0.9 M |
Operating cash as % of profit
- Operating cash as % of profit 11%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 161% |
| Dec 2023 | 86% |
| Mar 2024 | 164% |
| Jun 2024 | 54% |
| Sep 2024 | 163% |
| Dec 2024 | 81% |
| Mar 2025 | 160% |
| Jun 2025 | −2% |
| Sep 2025 | 195% |
| Dec 2025 | 187% |
| Mar 2026 | 90% |
| Jun 2026 | 11% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Nathan's Famous' cash go?
Nathan's Famous, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $908 K on assets over the last 3 years. Averaged over those years that is 0.2% of FY26 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $908 K over the last 3 years.
FY26: capex $370 K, up from the year before
- Capex $370 K
| Quarter | Capex |
|---|---|
| FY22 | $636 K |
| FY23 | $626 K |
| FY24 | $313 K |
| FY25 | $225 K |
| FY26 | $370 K |
Jun 2026: capex $0.1 M in the quarter
- Capex (quarterly) $0.1 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $0.1 M |
| Dec 2023 | $0.1 M |
| Mar 2024 | $0.1 M |
| Jun 2024 | $0 |
| Sep 2024 | $0.1 M |
| Dec 2024 | $0 |
| Mar 2025 | $0.1 M |
| Jun 2025 | $0.1 M |
| Sep 2025 | $0.2 M |
| Dec 2025 | $0.1 M |
| Mar 2026 | $0 |
| Jun 2026 | $0.1 M |
Free cash
- Free cash $0.9 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $9.1 M |
| Dec 2023 | $2.2 M |
| Mar 2024 | $6.3 M |
| Jun 2024 | $5.0 M |
| Sep 2024 | $9.7 M |
| Dec 2024 | $3.6 M |
| Mar 2025 | $6.7 M |
| Jun 2025 | −$0.3 M |
| Sep 2025 | $10.0 M |
| Dec 2025 | $5.7 M |
| Mar 2026 | $2.5 M |
| Jun 2026 | $0.9 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Nathan's Famous' P/E ratio, and how does it compare with its own history?
Nathan's Famous, Inc.'s P/E is 21.1×, about the highest it has ever been. Its usual P/E (the middle reading) is 19.5×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 21.1× against a usual 19.5×: about the highest it has ever been
- P/E 21.1×
- Median 19.5×
| Week | P/E | Median |
|---|---|---|
| 11 Jul 2025 | 19.7× | 19.5× |
| 18 Jul 2025 | 17.1× | 19.5× |
| 25 Jul 2025 | 16.6× | 19.5× |
| 1 Aug 2025 | 16.5× | 19.5× |
| 8 Aug 2025 | 16.9× | 19.5× |
| 15 Aug 2025 | 18.3× | 19.5× |
| 22 Aug 2025 | 18.9× | 19.5× |
| 29 Aug 2025 | 18.2× | 19.5× |
| 5 Sep 2025 | 18.2× | 19.5× |
| 12 Sep 2025 | 18.7× | 19.5× |
| 19 Sep 2025 | 17.9× | 19.5× |
| 26 Sep 2025 | 18.9× | 19.5× |
| 3 Oct 2025 | 20.3× | 19.5× |
| 10 Oct 2025 | 18.8× | 19.5× |
| 17 Oct 2025 | 19.7× | 19.5× |
| 24 Oct 2025 | 19.5× | 19.5× |
| 31 Oct 2025 | 19.1× | 19.5× |
| 7 Nov 2025 | 19.6× | 19.5× |
| 14 Nov 2025 | 17.7× | 19.5× |
| 21 Nov 2025 | 17.5× | 19.5× |
| 28 Nov 2025 | 16.6× | 19.5× |
| 5 Dec 2025 | 16.2× | 19.5× |
| 12 Dec 2025 | 17.1× | 19.5× |
| 19 Dec 2025 | 17.3× | 19.5× |
| 26 Dec 2025 | 17.0× | 19.5× |
| 2 Jan 2026 | 17.7× | 19.5× |
| 9 Jan 2026 | 17.4× | 19.5× |
| 16 Jan 2026 | 18.0× | 19.5× |
| 23 Jan 2026 | 19.4× | 19.5× |
| 30 Jan 2026 | 19.4× | 19.5× |
| 6 Feb 2026 | 19.5× | 19.5× |
| 13 Feb 2026 | 19.4× | 19.5× |
| 20 Feb 2026 | 19.5× | 19.5× |
| 27 Feb 2026 | 19.3× | 19.5× |
| 6 Mar 2026 | 19.3× | 19.5× |
| 13 Mar 2026 | 19.3× | 19.5× |
| 20 Mar 2026 | 19.3× | 19.5× |
| 27 Mar 2026 | 19.4× | 19.5× |
| 2 Apr 2026 | 20.8× | 19.5× |
| 10 Apr 2026 | 21.0× | 19.5× |
| 17 Apr 2026 | 21.0× | 19.5× |
| 24 Apr 2026 | 20.9× | 19.5× |
| 1 May 2026 | 20.7× | 19.5× |
| 8 May 2026 | 20.9× | 19.5× |
| 15 May 2026 | 20.9× | 19.5× |
| 22 May 2026 | 20.8× | 19.5× |
| 29 May 2026 | 20.8× | 19.5× |
| 5 Jun 2026 | 21.0× | 19.5× |
| 12 Jun 2026 | 21.0× | 19.5× |
| 18 Jun 2026 | 21.0× | 19.5× |
| 26 Jun 2026 | 21.1× | 19.5× |
| 2 Jul 2026 | 21.0× | 19.5× |
| 10 Jul 2026 | 20.8× | 19.5× |
| 17 Jul 2026 | 19.9× | 19.5× |
| 24 Jul 2026 | 20.3× | 19.5× |
| 31 Jul 2026 | 20.3× | 19.5× |
| 7 Aug 2026 | 20.3× | 19.5× |
| 14 Aug 2026 | 20.1× | 19.5× |
| 21 Aug 2026 | 20.4× | 19.5× |
| 28 Aug 2026 | 20.4× | 19.5× |
| 4 Sep 2026 | 20.4× | 19.5× |
| 11 Sep 2026 | 20.3× | 19.5× |
| 18 Sep 2026 | 20.5× | 19.5× |
| 25 Sep 2026 | 21.0× | 19.5× |
| 2 Oct 2026 | 21.0× | 19.5× |
| 9 Oct 2026 | 21.1× | 19.5× |
| 16 Oct 2026 | 21.1× | 19.5× |
| 23 Oct 2026 | 21.1× | 19.5× |
Earnings per share, 12 months
- Earnings per share, 12 months $4.83
| Week | Earnings per share, 12 months |
|---|---|
| 11 Jul 2025 | – |
| 18 Jul 2025 | – |
| 25 Jul 2025 | – |
| 1 Aug 2025 | – |
| 8 Aug 2025 | – |
| 15 Aug 2025 | – |
| 22 Aug 2025 | – |
| 29 Aug 2025 | – |
| 5 Sep 2025 | – |
| 12 Sep 2025 | – |
| 19 Sep 2025 | – |
| 26 Sep 2025 | $5.76 |
| 3 Oct 2025 | $5.76 |
| 10 Oct 2025 | $5.76 |
| 17 Oct 2025 | $5.76 |
| 24 Oct 2025 | $5.76 |
| 31 Oct 2025 | $5.76 |
| 7 Nov 2025 | $5.76 |
| 14 Nov 2025 | $5.76 |
| 21 Nov 2025 | $5.76 |
| 28 Nov 2025 | $5.76 |
| 5 Dec 2025 | $5.76 |
| 12 Dec 2025 | $5.76 |
| 19 Dec 2025 | $5.76 |
| 26 Dec 2025 | $5.55 |
| 2 Jan 2026 | $5.55 |
| 9 Jan 2026 | $5.55 |
| 16 Jan 2026 | $5.55 |
| 23 Jan 2026 | $5.55 |
| 30 Jan 2026 | $5.55 |
| 6 Feb 2026 | $5.55 |
| 13 Feb 2026 | $5.55 |
| 20 Feb 2026 | $5.55 |
| 27 Feb 2026 | $5.55 |
| 6 Mar 2026 | $5.55 |
| 13 Mar 2026 | $5.55 |
| 20 Mar 2026 | $5.55 |
| 27 Mar 2026 | $5.20 |
| 2 Apr 2026 | $5.20 |
| 10 Apr 2026 | $5.20 |
| 17 Apr 2026 | $5.20 |
| 24 Apr 2026 | $5.20 |
| 1 May 2026 | $5.20 |
| 8 May 2026 | $5.20 |
| 15 May 2026 | $5.20 |
| 22 May 2026 | $5.20 |
| 29 May 2026 | $5.20 |
| 5 Jun 2026 | $5.20 |
| 12 Jun 2026 | $5.20 |
| 18 Jun 2026 | $5.20 |
| 26 Jun 2026 | $4.85 |
| 2 Jul 2026 | $4.85 |
| 10 Jul 2026 | $4.85 |
| 17 Jul 2026 | $4.85 |
| 24 Jul 2026 | $4.85 |
| 31 Jul 2026 | $4.85 |
| 7 Aug 2026 | $4.85 |
| 14 Aug 2026 | $4.85 |
| 21 Aug 2026 | $4.85 |
| 28 Aug 2026 | $4.85 |
| 4 Sep 2026 | $4.85 |
| 11 Sep 2026 | $4.85 |
| 18 Sep 2026 | $4.85 |
| 25 Sep 2026 | $4.83 |
| 2 Oct 2026 | $4.83 |
| 9 Oct 2026 | $4.83 |
| 16 Oct 2026 | $4.83 |
| 23 Oct 2026 | $4.83 |
PEG 4.88 at the Sep 2025 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 4.88×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2023 | 1.10× | 1.00× |
| Dec 2023 | 5.19× | 1.00× |
| Mar 2024 | 6.00× | 1.00× |
| Jun 2024 | 1.54× | 1.00× |
| Sep 2024 | 1.36× | 1.00× |
| Dec 2024 | 0.55× | 1.00× |
| Mar 2025 | 0.73× | 1.00× |
| Jun 2025 | 2.03× | 1.00× |
| Sep 2025 | 4.88× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved −17.4% while the price moved −5.6%. The price did better than earnings, which pushed the multiple up within its own range.
In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.
Is the Nathan's Famous business getting better or worse?
Nathan's Famous, Inc.'s business is getting worse. Profit and EPS growth are shrinking: profit growth is −15.9% in the latest quarter, against +24.9% at its best in 12 quarters. This is based on 12 quarters of 3 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +9.4% in FY26, profit −16.7%
- Revenue growth 9.4%
| Quarter | Revenue growth |
|---|---|
| FY22 | – |
| FY23 | 13.8% |
| FY24 | 6% |
| FY25 | 6.9% |
| FY26 | 9.4% |
Profit growth, EPS growth
- Profit growth −16.7%
- EPS growth −17.4%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY22 | – | – |
| FY23 | 44.3% | 45.4% |
| FY24 | 0% | 0% |
| FY25 | 22.5% | 22.3% |
| FY26 | −16.7% | −17.4% |
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
- Revenue 12.4%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 5% |
| Dec 2023 | 6.9% |
| Mar 2024 | 6% |
| Jun 2024 | 6.3% |
| Sep 2024 | 7% |
| Dec 2024 | 6.8% |
| Mar 2025 | 6.9% |
| Jun 2025 | 6.4% |
| Sep 2025 | 7.8% |
| Dec 2025 | 7.8% |
| Mar 2026 | 9.4% |
| Jun 2026 | 12.4% |
Profit, EPS
- Profit −15.9%
- EPS −16.1%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | 12.9% | 13.4% |
| Dec 2023 | 2.5% | 3.2% |
| Mar 2024 | 0% | 0.5% |
| Jun 2024 | 8.2% | 8.4% |
| Sep 2024 | 11.2% | 11.2% |
| Dec 2024 | 24.9% | 24.7% |
| Mar 2025 | 22.5% | 22.1% |
| Jun 2025 | 10.1% | 9.4% |
| Sep 2025 | 4.7% | 4% |
| Dec 2025 | −9.5% | −10.2% |
| Mar 2026 | −16.7% | −17.4% |
| Jun 2026 | −15.9% | −16.1% |
Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.
The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone.
This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +9.4% | +7.4% | — | — |
| Profit | −16.7% | +0.7% | — | — |
| EPS | −17.4% | +0.4% | — | — |
| Stock price | −5.6% | — | — | — |
How much does Nathan's Famous earn on its capital?
Nathan's Famous, Inc. earned a ROE of −141% in FY26. That is up from a low of −146% in FY25. Its return on capital used (ROIC) is 57.5 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 12.4% net margin and 3.02× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY26): a 12.4% net margin × 3.02× asset turnover × −3.77× leverage (assets divided by equity) ≈ −141.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 62.9% − 5.4% = +57.5 percentage points. The 5.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.
The 62.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 66.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY26: ROE −141%, the climb back from FY25's −146%
- ROE −140.8%
- ROIC (annual) 66.2%
- Cost of capital 5.4%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY22 | −24.7% | 28% | 5.4% |
| FY23 | −44% | 48.5% | 5.4% |
| FY24 | −59.6% | 61.8% | 5.4% |
| FY25 | −145.5% | 76.5% | 5.4% |
| FY26 | −140.8% | 66.2% | 5.4% |
Jun 2026: ROIC 59.6% (last 12 months) against a 5.4% cost of capital
- ROIC (12 months) 59.6%
- Cost of capital 5.4%
| Quarter | ROIC (12 months) | Cost of capital |
|---|---|---|
| Sep 2023 | 44.8% | 5.4% |
| Dec 2023 | 47.5% | 5.4% |
| Mar 2024 | 49.6% | 5.4% |
| Jun 2024 | 55.4% | 5.4% |
| Sep 2024 | 63.7% | 5.4% |
| Dec 2024 | 67.7% | 5.4% |
| Mar 2025 | 72% | 5.4% |
| Jun 2025 | 70.5% | 5.4% |
| Sep 2025 | 66.8% | 5.4% |
| Dec 2025 | 61.9% | 5.4% |
| Mar 2026 | 57.2% | 5.4% |
| Jun 2026 | 59.6% | 5.4% |
Does Nathan's Famous have too much debt?
Nathan's Famous, Inc.'s net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from −2.12 in FY22 to −3.66 in FY26. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY26: debt $52.1 M, −3.66× equity
- Total debt $52.1 M
| Quarter | Total debt |
|---|---|
| FY22 | $117 M |
| FY23 | $86.2 M |
| FY24 | $66.4 M |
| FY25 | $55.9 M |
| FY26 | $52.1 M |
Debt-to-equity
- Debt-to-equity −3.66×
| Quarter | Debt-to-equity |
|---|---|
| FY22 | −2.12× |
| FY23 | −1.94× |
| FY24 | −2.02× |
| FY25 | −3.39× |
| FY26 | −3.66× |
Jun 2026: debt $51.0 M, debt-to-equity −7.12
- Total debt (quarterly) $51.0 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $86.5 M |
| Dec 2023 | $66.5 M |
| Mar 2024 | $66.4 M |
| Jun 2024 | $66.0 M |
| Sep 2024 | $65.6 M |
| Dec 2024 | $56.8 M |
| Mar 2025 | $55.9 M |
| Jun 2025 | $54.9 M |
| Sep 2025 | $53.9 M |
| Dec 2025 | $53.0 M |
| Mar 2026 | $52.1 M |
| Jun 2026 | $51.0 M |
Debt-to-equity
- Debt-to-equity −7.12×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | −2.45× |
| Dec 2023 | −1.90× |
| Mar 2024 | −2.02× |
| Jun 2024 | −2.59× |
| Sep 2024 | −3.08× |
| Dec 2024 | −2.99× |
| Mar 2025 | −3.39× |
| Jun 2025 | −5.88× |
| Sep 2025 | −9.13× |
| Dec 2025 | −3.47× |
| Mar 2026 | −3.66× |
| Jun 2026 | −7.12× |
What is the Nathan's Famous shareholding pattern?
4.3% of Nathan's Famous, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Nathan's Famous from balance-sheet trouble?
For Nathan's Famous, Inc., the Z-score is 8.74. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 8.74 is well clear of the danger zone, so the balance sheet is not the risk here.
How does Nathan's Famous rank in its industry?
There is no score against its industry: Nathan's Famous, Inc. is not among the largest members shown in this industry comparison for Restaurants.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is Nathan's Famous compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to Nathan's Famous in size?
Nathan's Famous is the 33rd largest of 36 Restaurants companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: El Pollo Loco Holdings, Inc., Dine Brands Global, Inc. and Kura Sushi USA, Inc. Just below it: Portillo's Inc., Jack in the Box Inc. and RCI Hospitality Holdings, Inc.
Restaurants companies close in size
- El Pollo Loco Holdings, Inc. $501 million
- Dine Brands Global, Inc. $462 million
- Kura Sushi USA, Inc. $459 million
- Nathan's Famous, Inc. $418 million
- Portillo's Inc. $414 million
- Jack in the Box Inc. $276 million
- RCI Hospitality Holdings, Inc. $230 million
All 36 Restaurants companies, largest first
Companies close in size in other industries
- AdvanSix Inc. $421 million · Chemicals
- RE/MAX Holdings, Inc. $419 million · Real Estate Services
- Nathan's Famous, Inc. $418 million
- REalloys Inc. $417 million · Other Industrial Metals & Mining
- Acacia Research Corporation $417 million · Business Equipment & Supplies
What else do people ask about Nathan's Famous?
What were Nathan's Famous's latest quarterly results?
Nathan's Famous, Inc. reported revenue of $54.1 M and net profit of $8.8 M for the Jun 2026 quarter. Revenue rose 15.0% and profit fell 1.1% compared with a year earlier. Earnings per share were $2.14.
The operating margin was 23.9%, 3.3 percentage points lower than a year earlier (as of 23 October 2026).
What is Nathan's Famous's market cap?
Nathan's Famous, Inc.'s market capitalisation is $418 M at a stock price of $102.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 23 October 2026).
How is Nathan's Famous performing?
Nathan's Famous, Inc.'s latest readings are below. In its latest quarter, revenue rose 15.0% and profit fell 1.1% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running.
This describes what the data did, not a rating (as of 23 October 2026).
Will Nathan's Famous's stock price go up?
This page does not forecast Nathan's Famous, Inc.'s stock price. What it shows instead: the stock price is $102.05. Its P/E of 21.1× is higher than 99% of its own last 1 years.
Nobody can reliably say which way a price will move, and this site does not try (as of 23 October 2026).
Where is Nathan's Famous in its business cycle?
Nathan's Famous, Inc.'s FY26 operating margin was 20.6%, against a 5-year range of 20.6% to 26.3%: the low end of its own range, which is often where recoveries start. The latest quarter was 23.9%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 23 October 2026).
What could break the Nathan's Famous story?
Biggest thing to watch: the P/E is higher than 99% of its own history, so the multiple has already done part of the work.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 23 October 2026).
Is Nathan's Famous a stock worth studying right now?
What the numbers show: Nathan's Famous, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 23 October 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 23 October 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
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