Kura Sushi USA, Inc.
KRUS Consumer Cyclical Restaurants
Kura Sushi USA, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $328.3 million, up 16.1% from fiscal 2025.
- Revenue
- +11.9%
- EPS
- −110.5%
- Free cash flow
- +72.9%
Quarter to August 2026, against a year earlier
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Kura Sushi USA, Inc. (KRUS) Altman Z-score
Kura Sushi USA, Inc.'s Altman Z-score for fiscal 2026 is 1.88, in the grey zone (1.81–2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 1.88 | (1.75) |
| FY2025 | 3.63 | 0.39 |
| FY2024 | 3.24 | (1.36) |
| FY2023 | 4.60 | (0.04) |
| FY2022 | 4.65 | 1.42 |
| FY2021 | 3.23 | 2.63 |
| FY2020 | 0.60 | (6.47) |
| FY2019 | 7.07 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.02 | — | 0.03 | |
| Retained earnings / total assets | (0.08) | — | −0.12 | |
| EBIT / total assets | (0.01) | — | −0.05 | |
| Market value of equity / total liabilities | 2.22 | — | 1.33 | |
| Sales / total assets | 0.68 | — | 0.68 | |
| Altman Z-score | Grey zone | 1.88 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | 0.77 | ||
Z and Z″ put Kura Sushi USA, Inc. in different zones: grey zone by Z, distress zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| PZZA Papa John's International, Inc. compare | 3.7× |
| HDL Super Hi International Holding Ltd. Unsponsored ADR compare | 2.9× |
| KRUS Kura Sushi USA, Inc. | 1.9× |
| CNNE Cannae Holdings, Inc. compare | 1.8× |
| LOCO El Pollo Loco Holdings, Inc. compare | 1.6× |
| BRCB Black Rock Coffee Bar, Inc. compare | 1.6× |
| DIN DINE BRANDS GLOBAL, INC. compare | 1.0× |
| PTLO Portillo's Inc. compare | 0.7× |
| BH.A Biglari Holdings Inc. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets