# Nathan's Famous share price (Nathan's Famous, Inc., NATH)

> 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. NATH · Consumer Discretionary · Restaurants · data as of 23 October 2026. Page: https://www.sectoralpha.in/us/stocks/nath

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## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: $102.05 (−5.6% in a year)
- P/E: 21.1× (higher than 99% of the last 1 year)
- Revenue (Jun 2026): $54.1 M (+15.0% on a year ago)
- Profit (Jun 2026): $8.8 M (−1.1% on a year ago)
- Operating margin: 23.9% (−3.3 points on a year ago)
- ROE: −141%, FY26
- ROIC: 62.9%, against a 5.4% cost of capital: +57.5 points

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. ## 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. 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. 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. ## 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. For the full year, FY26 profit was $20.0 M (−16.7% on the year before). 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. The last four reported quarters add to $169 M. FY26 revenue was $162 M, +9.4% on the year before. 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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. 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. 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. ## 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). 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. ## 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. ## 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. 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 holds 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. 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 3 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

1. [El Pollo Loco Holdings, Inc.](https://www.sectoralpha.in/us/stocks/loco) $473 million
2. [Dine Brands Global, Inc.](https://www.sectoralpha.in/us/stocks/din) $447 million
3. [Kura Sushi USA, Inc.](https://www.sectoralpha.in/us/stocks/krus) $442 million
4. Nathan's Famous, Inc. $418 million
5. [Portillo's Inc.](https://www.sectoralpha.in/us/stocks/ptlo) $396 million
6. [Jack in the Box Inc.](https://www.sectoralpha.in/us/stocks/jack) $255 million
7. [RCI Hospitality Holdings, Inc.](https://www.sectoralpha.in/us/stocks/rick) $219 million

[All 36 Restaurants companies, largest first](https://www.sectoralpha.in/us/sectors/restaurants#all-companies)

### Companies close in size in other industries

1. [Aspen Aerogels, Inc.](https://www.sectoralpha.in/us/stocks/aspn) $419 million · Building Products & Equipment
2. [RE/MAX Holdings, Inc.](https://www.sectoralpha.in/us/stocks/rmax) $419 million · Real Estate Services
3. Nathan's Famous, Inc. $418 million
4. [Natural Gas Services Group, Inc.](https://www.sectoralpha.in/us/stocks/ngs) $418 million · Oil & Gas Equipment & Services
5. [Chemung Financial Corporation](https://www.sectoralpha.in/us/stocks/chmg) $418 million · Banks - Regional

## 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). This is research, not advice. We’re not SEBI-registered.