Flanigan's Enterprises, Inc. (BDL) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 23	—	$1.02	—	—	$43.8M	—
Q1 23	—	$0.34	—	—	$41.9M	—
Q3 22	—	$0.99	—	—	$40.7M	—
Q2 22	—	$0.89	—	—	$40.3M	—
Q1 22	—	$0.84	—	—	$37.4M	—
Q3 21	—	$3.87	—	—	$37.9M	—
Q2 21	—	$1.32	—	—	$34.4M	—
Q1 21	—	$0.42	—	—	$31.4M	—
Q3 20	—	-$0.24	—	—	$23.7M	—
Q2 20	—	$0.35	—	—	$30.1M	—
Q1 20	—	$0.27	—	—	$30.9M	—
Q4 19	—	$0.49	—	—	$29.1M	—
Q3 19	—	$0.52	—	—	$29.5M	—
Q2 19	—	$0.55	—	—	$29.7M	—
Q1 19	—	$0.4	—	—	$27.9M	—
Q4 18	—	$0.34	—	—	$27.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.71	—	—	$205.2M	—
FY24	—	$1.81	—	—	$188.3M	—
FY23	—	$2.15	—	—	$174.4M	—
FY22	—	$3.4	—	—	$158.1M	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$103.6M	$106.8M	$113.5M	$116.2M	$113M	$137.3M	$158.1M	$174.4M	$188.3M	$205.2M
YoY change	+4.54%	+3.09%	+6.25%	+2.38%	-2.78%	+21.5%	+15.2%	+10.3%	+7.98%	+8.99%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	103.6M	106.8M	113.5M	116.2M	113M	137.3M	158.1M	174.4M	188.3M	205.2M
Cost of revenue	78.5M	81.9M	86.1M	89.1M	90.1M	101.8M	124.6M	135.5M	147.4M	158.9M
Gross profit	25.1M	25M	27.4M	27.1M	22.8M	35.5M	33.5M	38.9M	40.9M	46.3M
Gross margin	24.2%	23.4%	24.1%	23.4%	20.2%	25.9%	21.2%	22.3%	21.7%	22.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	18.3M	18.7M	19.9M	20.8M	19.9M	26.9M	26.6M	4.7M	5.3M	6.1M
Operating expenses	18.1M	18.5M	19.7M	20.6M	19.8M	26.6M	26.4M	28.3M	30.2M	33.5M
Operating income	6.8M	6.3M	7.4M	6.3M	2.9M	8.7M	6.9M	7M	6.4M	8.1M
Operating margin	6.56%	5.86%	6.56%	5.44%	2.58%	6.3%	4.38%	4.03%	3.4%	3.96%
Non-operating income, net	552K	612K	626K	602K	680K	10.2M	3.5M	951K	2K	1.1M
Pretax income	6.3M	5.8M	6.8M	6.3M	2.1M	17.9M	9.8M	6.1M	5.6M	8.6M
Income tax	1.4M	1.4M	1.4M	887K	-60K	1.2M	763K	649K	286K	622K
Net income	5M	4.4M	5.4M	5.4M	2.2M	16.8M	9M	5.4M	5.3M	8M
Net margin	4.8%	4.11%	4.75%	4.63%	1.93%	12.2%	5.72%	3.11%	2.81%	3.91%
EBITDA	9.6M	9M	10.3M	9.4M	9.3M	14.3M	12.5M	13.2M	13.4M	16.9M
EPS	1.64	1.63	1.98	1.96	0.6	6.34	3.4	2.15	1.81	2.71
Diluted EPS	1.64	1.63	1.98	1.96	0.6	6.34	3.4	2.15	1.81	2.71

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	43.4M	45.1M	48.1M	49.1M	46M	50.3M	53.6M	52.2M	49.2M	52.6M	56.5M	56.5M
Cost of revenue	34M	36.3M	36.6M	36.1M	42.5M	38.3M	40.3M	37.8M	44.6M	39.3M	43M	40.3M
Gross profit	9.4M	8.9M	11.5M	13M	3.5M	12M	13.3M	14.3M	4.6M	13.3M	13.6M	16.2M
Gross margin	21.6%	19.7%	23.9%	26.5%	7.53%	23.9%	24.8%	27.5%	9.3%	25.3%	24%	28.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	9M	8.1M	8.8M	3.3M	-4.6M	3.4M	1.5M	3.2M	-4.1M	3.6M	1.6M	3.6M
Operating expenses	8.9M	8M	8.7M	9.6M	1.7M	10M	8.5M	10.2M	2.7M	10.6M	8.3M	10.8M
Operating income	416K	793K	2.7M	2.3M	632K	858K	3.6M	3M	656K	1.5M	4M	4.2M
Operating margin	0.96%	1.76%	5.59%	4.66%	1.37%	1.71%	6.78%	5.7%	1.33%	2.92%	7.14%	7.35%
Non-operating income, net	268K	-1K	313K	2K	0	—	—	—	—	277K	363K	-40K
Pretax income	198K	576K	2.5M	2.1M	457K	667K	3.7M	2.7M	1.6M	1.6M	4.3M	3.8M
Income tax	245K	-18K	-55K	282K	77K	35K	311K	242K	34K	128K	446K	339K
Net income	-47K	594K	2.5M	1.8M	380K	632K	3.3M	2.5M	1.6M	1.5M	3.8M	3.5M
Net margin	-0.11%	1.32%	5.25%	3.67%	0.83%	1.26%	6.24%	4.77%	3.15%	2.85%	6.79%	6.12%
EBITDA	2.1M	2.5M	6M	7.4M	2.5M	2.7M	5.7M	4.8M	3.7M	3.8M	6.4M	6.1M
EPS	—	0.06	1.04	0.6	—	0.03	1.45	0.75	—	0.43	1.55	1.11
Diluted EPS	—	0.06	1.04	0.6	—	0.03	1.45	0.75	—	0.43	1.55	1.11

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	44.3M	45.1M	52M	42.5M	33.2M	49.6M	47.4M	61.3M	51.1M	59.3M	83.1M
Enterprise value	44.2M	47.6M	53.2M	41.9M	57.8M	68.2M	61.2M	87.2M	79.9M	86.3M	127.2M
Shares outstanding	1.9M	1.9M	1.9M	1.9M	1.9M	1.9M	1.9M	1.9M	1.9M	1.9M	1.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	8.91	10.3	9.66	7.91	15.2	2.96	5.24	11.3	9.64	7.39	12.6
P/S	0.43	0.42	0.46	0.37	0.29	0.36	0.3	0.35	0.27	0.29	0.39
P/B	1.22	1.18	1.26	0.95	0.73	0.82	0.65	0.82	0.68	0.75	1.2
EV/EBITDA	4.62	5.27	5.16	4.45	6.25	4.77	4.91	6.58	5.95	5.09	7.58
EV/Sales	0.43	0.45	0.47	0.36	0.51	0.5	0.39	0.5	0.42	0.42	0.59
Earnings yield	11.2%	9.74%	10.4%	12.6%	6.59%	33.8%	19.1%	8.83%	10.4%	13.5%	7.91%
FCF yield	12.1%	2.46%	8.89%	9.11%	17.2%	5.5%	2%	-16.6%	2.71%	7.2%	3.22%
PEG	—	—	—	—	—	—	—	—	—	—	0.26

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	24.2%	23.4%	24.1%	23.4%	20.2%	25.9%	21.2%	22.3%	21.7%	22.6%	28.6%
Operating margin	6.56%	5.86%	6.56%	5.44%	2.58%	6.3%	4.38%	4.03%	3.4%	3.96%	6.87%
Net margin	4.8%	4.11%	4.75%	4.63%	1.93%	12.2%	5.72%	3.11%	2.81%	3.91%	3.07%
ROE	13.7%	11.5%	13%	12.1%	4.79%	27.7%	12.3%	7.23%	7.03%	10.1%	12.7%
ROA	8.81%	7.26%	8.01%	7.82%	1.94%	13.1%	6.14%	3.72%	3.73%	5.7%	5.02%
ROIC	14.7%	11.7%	14%	12.3%	4.15%	10.2%	7.33%	6.23%	5.82%	7.1%	8.41%
Return on tangible assets	9.01%	7.41%	8.17%	7.97%	1.96%	13.3%	6.24%	3.78%	3.8%	5.81%	6.68%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.34	1.33	1.43	1.49	1.44	1.97	2.29	1.58	1.58	1.69	2.04
Quick ratio	1.11	1.07	1.19	1.24	1.3	1.72	2	1.26	1.23	1.31	1.68
Debt / equity	0.28	0.32	0.35	0.29	1.2	0.85	0.76	0.69	0.67	0.6	0.69
Debt / assets	0.18	0.2	0.22	0.19	0.48	0.4	0.38	0.35	0.35	0.34	0.37
Net debt / EBITDA	-0.01	0.28	0.11	-0.06	2.66	1.3	1.11	1.95	2.14	1.59	1.45
Interest coverage	12.4	10.6	9.98	9.85	3.54	20.1	14	6.68	6.48	10	11.1
Effective tax rate	21.6%	23.8%	20.3%	14.2%	0%	6.6%	7.78%	10.7%	5.12%	7.2%	8.38%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	55.7	57.5	61.1	62.5	60.8	73.9	85.1	93.8	101.3	110.4	116.2
EPS (basic)	1.64	1.63	1.98	1.96	0.6	6.34	3.4	2.15	1.81	2.71	2.71
EPS (diluted)	1.64	1.63	1.98	1.96	0.6	6.34	3.4	2.15	1.81	2.71	3.57
Book value per share	19.5	20.5	22.2	24	24.5	32.6	39.5	40.3	40.6	42.6	37.5
FCF per share	2.89	0.6	2.49	2.08	3.07	1.47	0.51	-5.48	0.75	2.3	2
Cash per share	5.47	5.32	7.22	7.36	16.1	17.6	22.7	13.7	11.5	10.8	15.5
Capex per share	1.83	3.81	2.82	3.08	1.62	5.91	4.87	10	2.78	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.28%	6.62%	4.62%	4.92%	2.67%	8%	5.72%	10.7%	2.74%	—	—
Capex / operating cash flow	42.9%	95.9%	59.2%	74.2%	40%	53.1%	75.3%	228.4%	67.2%	—	—
Payout ratio	6.92%	8.47%	8.63%	9.67%	0%	0%	20.5%	15.5%	17.5%	12.7%	16.8%
Dividend yield	0.78%	0.83%	0.89%	1.22%	0%	0%	3.92%	1.37%	1.82%	1.72%	1.33%

Yield

1.33%

trailing twelve months

Frequency

Annual

Last dividend

$0.60

ex-dividend Jun 10, 2026

Payout ratio

17%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 10, 2026	$0.60
Jun 12, 2025	$0.55
Jun 14, 2024	$0.50
Jun 9, 2023	$0.45
Mar 30, 2022	$1.00
Mar 19, 2020	$0.30
Mar 14, 2019	$0.28
Mar 15, 2018	$0.25

Split history

Date	Ratio

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$43.4M	$45.1M	$48.1M	$49.1M	$46M	$50.3M	$53.6M	$52.2M	$49.2M	$52.6M	$56.5M	$56.5M
YoY change	+9.15%	+7.83%	+9.74%	+8.22%	+6.11%	+11.3%	+11.6%	+6.24%	+6.91%	+4.59%	+5.38%	+8.31%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	10.2M	9.9M	13.4M	13.7M	29.9M	32.7M	42.1M	25.5M	21.4M	20.1M
Receivables	627K	496K	—	—	—	—	—	—	—	—
Inventory	2.6M	2.8M	3.2M	3.3M	3.6M	5.1M	6.5M	7.2M	7M	6.9M
Total current assets	15.3M	14.6M	19M	19.6M	36.5M	39.8M	50.9M	35.3M	31.5M	30.6M
Property, plant & equipment	24.3M	26.6M	28.5M	28.7M	49.9M	65.7M	70.8M	77.5M	70.6M	70.1M
Goodwill & intangibles	1.3M	1.3M	1.3M	1.3M	1.3M	1.6M	2.5M	2.5M	2.5M	2.5M
Total assets	56.4M	60.5M	67.3M	68.8M	112.5M	128M	147.5M	145.8M	142.1M	140.6M
Accounts payable	7.8M	8.1M	9.2M	8.5M	9.2M	6.4M	8.1M	9.3M	7.2M	5.9M
Short-term debt	1.5M	1.1M	2M	2M	13M	4.6M	4.6M	3.7M	3.9M	4.2M
Total current liabilities	11.5M	11M	13.3M	13.1M	25.4M	20.2M	22.2M	22.4M	19.9M	18.1M
Long-term debt	8.6M	11.3M	12.6M	11.1M	41.6M	46.7M	51.4M	47.7M	46.4M	42.9M
Total liabilities	20.1M	22.3M	25.9M	24.2M	66.9M	67.4M	74.2M	70.9M	66.7M	61.5M
Shareholders' equity	36.3M	38.2M	41.3M	44.5M	45.6M	60.6M	73.3M	74.9M	75.4M	79.1M
Total debt	10.1M	12.4M	14.6M	13.1M	54.5M	51.3M	55.9M	51.4M	50.2M	47.1M
Net debt	-82K	2.5M	1.2M	-592K	24.6M	18.6M	13.8M	25.8M	28.8M	27M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	—	26.9M	22M	22.1M	—	27.3M	23.2M	18.9M	20.1M	23M	22.8M	28.8M
Receivables	—	—	—	—	—	—	—	—	—	—	—	—
Inventory	—	7.7M	7.4M	7.5M	—	7.5M	7.3M	7.1M	6.9M	7.1M	7M	7.2M
Total current assets	—	36.2M	34.1M	33.3M	—	37M	34.2M	30.3M	30.6M	33M	34.4M	40.2M
Property, plant & equipment	18M	107.8M	108.2M	107.5M	20M	107.6M	107M	108.4M	70.1M	107M	108.2M	115.2M
Goodwill & intangibles	—	2.5M	2.5M	2.5M	—	2.5M	2.5M	2.5M	2.5M	2.5M	2.5M	2.5M
Total assets	—	145.9M	144.4M	143.1M	—	146.9M	143.3M	140.7M	140.6M	142.1M	144.8M	157.5M
Accounts payable	—	8.6M	7.7M	7.5M	—	9M	6.2M	5.5M	5.9M	5.5M	5.6M	6.1M
Short-term debt	—	3.7M	3.8M	3.9M	—	4M	4M	4M	4.2M	4.4M	4.3M	4.6M
Total current liabilities	—	24.3M	21.9M	21.3M	—	25.4M	20.3M	18.3M	18.1M	20.1M	18.7M	19.7M
Long-term debt	—	46.7M	45.8M	45.1M	—	45.4M	44.6M	43.6M	42.9M	41.7M	42.8M	53.1M
Total liabilities	—	71.8M	68.4M	67.1M	—	71.2M	65.4M	62.4M	61.5M	62.3M	62.1M	73.3M
Shareholders' equity	—	74.2M	76M	76M	—	75.6M	77.9M	78.3M	79.1M	79.8M	82.7M	84.2M
Total debt	—	50.5M	49.6M	48.9M	—	49.3M	48.6M	47.7M	47.1M	46.1M	47.2M	57.7M
Net debt	—	23.6M	27.6M	26.8M	—	22M	25.6M	29.5M	27M	23.1M	24.3M	28.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	5M	4.4M	5.4M	5.4M	2.2M	16.8M	9M	5.4M	5.3M	8M
Depreciation & amortization	2.7M	2.7M	2.8M	3M	6.3M	5.6M	5.4M	6.1M	6.8M	7.3M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	257K	344K	-47K	-1.2M	-860K	-2.6M	-2.7M	-3.5M	-4.2M	-4M
Operating cash flow	7.9M	7.4M	8.9M	7.7M	7.5M	20.7M	12M	8.1M	7.7M	10.5M
Capital expenditure	-3.4M	-7.1M	-5.2M	-5.7M	-3M	-11M	-9.1M	-18.6M	-5.2M	—
Investing cash flow	-3.7M	-7.1M	-5.2M	-4.6M	-3.3M	-11.4M	-9.1M	-18.6M	-5.2M	30K
Dividends paid	-344K	-372K	-465K	-520K	0	0	-1.9M	-838K	-929K	-1M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-4.5M	-1.5M	-1.2M	-4.8M	10.7M	294K	8.5M	-6.5M	-5.6M	-5.7M
Net change in cash	-285K	-1.2M	2.4M	-1.7M	15M	9.6M	11.4M	-17M	-3.1M	4.8M
Free cash flow	5.4M	1.1M	4.6M	3.9M	5.7M	2.7M	948K	-10.2M	1.4M	4.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	-47K	594K	3.1M	4.9M	380K	632K	3.3M	2.5M	1.6M	1.5M	3.8M	3.5M
Depreciation & amortization	1.6M	1.7M	3.3M	5M	1.8M	1.8M	1.8M	1.8M	1.9M	1.9M	1.9M	1.9M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-1.5M	777K	-2M	-3.3M	-874K	4.2M	-4.8M	-2.3M	-1.1M	1.1M	-2.1M	-447K
Operating cash flow	147K	3M	4.4M	6.7M	1.2M	6.7M	373K	1.4M	3.4M	4.9M	2.1M	5.7M
Capital expenditure	-1.6M	-782K	-3.2M	-4.1M	-1.1M	-737K	-1M	—	—	—	—	—
Investing cash flow	-1.6M	-782K	-3.2M	-4.1M	-1.1M	-707K	-1M	-488K	0	—	—	0
Dividends paid	0	—	—	-929K	0	—	—	—	0	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-1.3M	-1.3M	-2.5M	-4.6M	-1.1M	-1.1M	-1.1M	-1.4M	-1M	-1.2M	-1.3M	-1.4M
Net change in cash	-2.7M	950K	-1.2M	-1.9M	-899K	4.9M	-1.8M	-495K	2.3M	3.8M	874K	4.4M
Free cash flow	-318K	2.7M	-1.1M	1.1M	320K	7M	-3M	-1.8M	2.1M	4M	1.1M	-3.5M

Flanigan's Enterprises, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement