BJ's Restaurants, Inc.

BJRI Consumer Cyclical Restaurants

BJ's Restaurants, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 3.08% from fiscal 2024.

Revenue
+6.37%
EPS
−11.0%
Free cash flow
−84.8%
Total debt
−27.3%

Quarter to June 2026, against a year earlier

63.02 0.49 +0.78%
Market cap
$1.3B
P/E
32.5×
Fwd P/E
28.0×
Dividend yield
—
F-score
7/9
Altman Z
2.60
Beneish M
−2.88
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.22
Sold, $m 8.44
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — 3 — — — — 1 2 — —
Sell 1 — — 1 — 2 8 — 4 — — —
Insider Ownership 7.19%

Capital & Financial Ratios $m

Size
Market Cap 1,330.00
Revenue ttm 1,432.56
Net income ttm 40.92
Free cash flow ttm 44.67
Net debt Q 29.57
Valuation
P/E 32.48
Forward P/E 28.00
Price / sales 0.93
Forward P/S Powerpack
Price / FCF 29.69
Price / book 3.34
Financial health
Current ratio Q 0.29 (below 1: weak)
Debt / equity Q 0.11 (at or below 0.5: strong)
Interest coverage Q 22.77
Growth
Revenue growth Q +6.37% (above 0%: growing)
Operating income growth Q −13.06% (below 0%: shrinking)
EPS, this year +5.08%
EPS, next year A +14.27%
Revenue, next year A +4.28%
EPS, past 5 yrs —
EPS, next 5 yrs A +11.68%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 73.12%
10-year low 10-year high
P/S against its own 10 years 72.94%
10-year low 10-year high
P/B against its own 10 years 79.15%
10-year low 10-year high
EV/Sales against its own 10 years 66.30%
10-year low 10-year high
EV/FCF against its own 10 years 55.71%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2017–20
+5.73%/yr
  1. 0.11 ’17
  2. 0.45 ’18 +309%
  3. 0.49 ’19 +9%
  4. 0.13 ’20 −73%

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 29 26 24 14
Receivables 19 20 18 17
Inventory 13 13 13 13
Other — — — —
83 80 75 54
2023 2024 2025 Q'26
Payables 61 51 38 45
ST’ Debt — — — —
Other — — — —
199 196 188 186

Compound Annual Growth %

10y 5y 3y
Sales 4.29% 12.44% 2.91%
Cash Flow (1.40%) 22.21% 29.30%
Earnings 0.74% 0.00% 128.78%
Book Value 1.47% 4.50% 1.96%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.41 0.86 — — —
’25 0.58 0.97 0.02 0.58 2.16
’24 0.32 0.72 (0.13) (0.23) 0.70
’23 0.15 0.50 (0.16) 0.34 0.82
’22 0.06 0.01 (0.07) 0.17 0.17
’21 (0.14) 0.26 (0.09) (0.20) (0.16)
’20 (0.22) (1.38) (0.30) (0.81) (2.74)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 358 389 — — —
’25 348 366 330 355 1,399
’24 337 350 326 344 1,357
’23 341 350 319 324 1,333
’22 299 330 311 344 1,284
’21 223 290 282 291 1,087
’20 255 128 199 197 779
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 43 31 — — —
’25 5 62 25 19 111
’24 22 20 27 32 101
’23 32 10 32 32 106
’22 1 30 4 17 51
’21 14 39 (7) 18 64
’20 1 13 22 4 41
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 27 6 — — —
’25 (12) 42 4 7 41
’24 0 1 8 16 25
’23 5 (16) 3 15 7
’22 (11) 11 (16) (4) (21)
’21 7 32 (18) 1 22
’20 (15) 5 18 (3) 5
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 993 1,032 1,117 1,161 779 1,087 1,284 1,333 1,357 1,399 1,433 +3.9% 1,459 1,518 1,614 +4.9%
Gross margin, % 74.68 73.96 74.76 74.60 74.88 73.50 72.77 74.01 74.17 74.75 74.54 +0.1 pt
EBT 61 35 52 46 (90) (19) (8) 10 8 47 38 (2.8%)
EBT margin, % 6.15 3.43 4.66 3.99 (11.55) (1.76) (0.65) 0.76 0.61 3.38 2.65 (2.8) pt
Net income 46 45 51 45 (58) (4) 4 20 17 49 41 +0.8%
Per share, $
Per share, $ Revenue 41.68 48.27 53.29 57.26 36.79 46.87 54.86 56.85 58.68 63.65 68.08 +4.8%
Earnings 1.91 2.10 2.42 2.23 (2.74) (0.16) 0.17 0.84 0.72 2.22 1.94 +1.7%
Cash flow 5.81 5.01 6.34 5.72 1.92 2.77 2.18 4.51 4.39 5.03 5.59 (1.6%)
Capex (4.40) (2.47) (2.65) (3.85) (1.69) (1.82) (3.07) (4.22) (3.32) (3.17) (3.47) (3.6%)
Free cash flow 1.41 2.54 3.70 1.87 0.23 0.95 (0.89) 0.30 1.06 1.86 2.12 +3.2%
Book value 11.54 12.10 14.75 14.31 13.88 14.39 14.76 15.60 16.00 16.66 18.89 +4.2%
Shares, m 24 21 21 20 21 23 23 23 23 22 22 (0.9%)
Valuation, ×
Valuation, × P/E 20.00 17.33 20.90 16.95 0.00 0.00 157.94 41.51 49.49 17.83 32.48 34.2
P/S 0.92 0.76 0.95 0.66 1.05 0.74 0.49 0.62 0.60 0.62 0.93 0.7
P/B 3.31 3.04 3.43 2.65 2.77 2.40 1.82 2.26 2.20 2.36 3.34 2.6
EV/Sales 1.04 0.90 1.01 0.77 1.13 0.75 0.52 0.65 0.63 0.66 0.95 0.8
EV/FCF 30.90 17.06 14.53 23.51 182.31 36.75 (31.92) 125.08 34.72 22.65 30.35 45.6
Cash, $m
Cash, $m Operating cash flow 138 107 133 116 41 64 51 106 101 111 118 (2.5%)
Capex (105) (53) (55) (78) (36) (42) (72) (99) (77) (70) (73) (4.5%)
Free cash flow 34 54 77 38 5 22 (21) 7 25 41 45 +2.3%
Balance, $m
Balance, $m Working capital (67) (62) (72) (94) (83) (110) (115) (116) (117) (113) (132) +6.0%
Net debt 125 139 66 121 65 11 35 39 40 61 30 (7.6%)
Shareholders’ equity 275 259 309 290 294 334 346 366 370 366 397 +3.2%
Returns, %
Returns, % ROA 6.64 6.51 7.37 5.12 (5.43) (0.34) 0.39 1.87 1.59 4.75 4.06 (1.9) pt
ROIC 9.63 5.95 9.60 7.47 (15.05) (2.99) (0.90) 2.12 2.14 6.77 5.74 (2.9) pt
ROE 15.41 16.78 17.89 15.09 (19.82) (1.15) 1.20 5.53 4.54 13.26 10.44 (2.1) pt
People
People Employees 22,000 21,500 22,000 22,500 17,000 21,000 22,000 21,000 21,000 22,000 — 0.0%
Revenue/emp, $m 0.05 0.05 0.05 0.05 0.05 0.05 0.06 0.06 0.06 0.06 — +3.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

BJ's Restaurants, Inc. vs peers in Restaurants (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CBRL Cracker Barrel Old Country Store, Inc. $1.6B 49.0× 36.9× −2.15% (below 0%: shrinking) +83.33% (above 0%: growing) +191.55% (above 0%: growing) 71.25% 1.55% Compare
CHA Chagee Holdings Limited - Sponsored ADR $1.5B 11.9× 9.1× +8.20% (above 0%: growing) +620.00% (above 0%: growing) +49.31% (above 0%: growing) 53.99% 15.37% Compare
ARCO Arcos Dorados Holdings Inc. $1.4B 5.5× 8.5× +14.30% (above 0%: growing) +100.00% (above 0%: growing) +254.29% (above 0%: growing) 11.81% 5.56% Compare
WEN The Wendy's Company $1.4B 10.9× 15.3× +1.72% (above 0%: growing) −41.38% (below 0%: shrinking) +152.25% (above 0%: growing) 59.72% 13.90% Compare
BJRI BJ's Restaurants, Inc. $1.3B 32.2× 28.0× +6.37% (above 0%: growing) −11.00% (below 0%: shrinking) −84.81% (below 0%: shrinking) 74.52% 4.74%
SG Sweetgreen, Inc. $1.3B 101× — (loss-making) +3.81% (above 0%: growing) n/m +19.78% (above 0%: growing) 13.07% (14.23%) Compare
BH Biglari Holdings Inc. $1.2B — (loss-making) 24.0× +7.86% (above 0%: growing) −18.71% (below 0%: shrinking) −66.30% (below 0%: shrinking) 41.26% 12.17% Compare
BLMN Bloomin' Brands, Inc. $905.0M 33.0× 11.5× +1.34% (above 0%: growing) +23.33% (above 0%: growing) +321.24% (above 0%: growing) 39.06% 3.77% Compare
FWRG First Watch Restaurant Group, Inc. $786.2M 42.5× 138× +15.20% (above 0%: growing) +33.33% (above 0%: growing) −580.44% (below 0%: shrinking) 20.43% 2.29% Compare
Median of peers $1.3B 33.0× 15.3× +5.84% +33.33% +100.78% 40.16% 4.67%

All 55 Restaurants stocks →

Pay and ownership Proxy statement filed 22 April 2026

Ownership

Directors and executive officers, together 2.40%
New York, NY 14.80%
Miami, FL 9.20%
Jupiter, FL 6.00%
Austin, TX 5.20%
San Francisco, CA 5.00%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

BJ's Restaurants, Inc. (BJRI) Latest News

24 Sep

29 Jul

15 May

stockrow.com/BJRI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com