Monday 2 November 2026
Export BJRI’s income statement to Excel — free account
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%
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Target Price Range
Analyst price targets
Free accountTen 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
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% |
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