BJs RESTAURANTS INC BJRI
BJ's Restaurants is a leading full-service restaurant brand differentiated by a high-quality, varied menu with compelling value, a dining experience that offers our customers (referred to as "guests") best-in-class service, hospitality and enjoyment, in a high-energy, welcoming and approachable atmosphere. BJ's is a national restaurant chain that, as of February 27, 2026, owns and operates 219 restaurants located in 31 states.
The first BJ's restaurant opened in 1978 in Orange County, California, and was a small sit-down pizzeria that featured Chicago style deep-dish pizza with a unique California twist. In 1996, we introduced our proprietary craft beers and expanded the BJ's concept to a full-service, high-energy restaurant when we opened our first large format restaurant with an on-site brewing operation in Brea, California. Today our restaurants feature a broad menu with approximately 90 menu items designed to offer something for everyone including: slow roasted entrees and wings, EnLIGHTened Entrees® such as our Cherry Chipotle Glazed Salmon, our original signature deep-dish pizza, and the world-famous Pizookie® dessert. We also offer our award-winning BJ's craft beers, which are produced at four in-house brewing facilities, two standalone brewpubs and by independent third-party brewers using our proprietary recipes, alongside a full bar featuring innovative cocktails.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.40B | $1.36B | $1.33B | $1.28B | $1.09B | $778.5M | $1.16B | $1.12B | $1.03B | $993.1M |
| Cost of revenue | $353.3M | $350.6M | $346.6M | $349.6M | $288.1M | $195.6M | $295.0M | $282.0M | $268.7M | $251.5M |
| Gross profit | $1.05B | $1.01B | $986.7M | $934.3M | $798.9M | $582.9M | $866.4M | $835.0M | $763.1M | $741.6M |
| SG&A | $91.0M | $88.3M | $82.1M | $73.3M | $68.0M | $54.7M | $62.5M | $60.4M | $55.4M | $55.4M |
| Total operating expenses | $1.35B | $1.34B | $1.32B | $1.29B | $1.10B | $864.9M | $1.11B | $1.06B | $993.9M | $931.4M |
| Operating income | $46.3M | $14.1M | $13.8M | -$5.5M | -$16.5M | -$86.4M | $49.1M | $57.6M | $37.9M | $61.6M |
| Interest expense | $4.7M | $5.5M | $4.9M | $2.9M | $5.0M | $7.1M | $4.6M | $4.8M | $4.5M | $1.7M |
| Pre-tax income | $47.2M | $8.3M | $10.1M | -$8.3M | -$19.2M | -$90.0M | $46.3M | $52.0M | $35.4M | $61.1M |
| Income tax | $1.6M | $8.4M | $9.6M | $12.4M | $15.6M | $32.1M | $1.1M | $1.2M | $9.4M | $15.5M |
| Net income | $48.8M | $16.7M | $19.7M | $4.1M | -$3.6M | -$57.9M | $45.2M | $50.8M | $44.8M | $45.6M |
| EPS, basic | 2.22 | 0.72 | 0.84 | 0.17 | -0.16 | -2.74 | 2.23 | 2.42 | 2.10 | 1.91 |
| EPS, diluted | 2.16 | 0.70 | 0.82 | 0.17 | -0.16 | -2.74 | 2.20 | 2.35 | 2.06 | 1.88 |
| Shares, diluted (wtd. avg.) | 22.6M | 23.8M | 23.9M | 23.7M | 23.2M | 21.2M | 20.6M | 21.6M | 21.8M | 24.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $23.8M | $26.1M | $29.1M | $24.9M | $38.5M | $51.7M | $22.4M | $29.2M | $24.3M | $22.8M |
| Receivables | $18.4M | $20.4M | $19.5M | $28.6M | $29.1M | $23.6M | $22.2M | $31.2M | $13.9M | $14.7M |
| Total current assets | $74.9M | $79.6M | $83.0M | $82.3M | $90.8M | $95.3M | $64.6M | $78.5M | $60.3M | $58.7M |
| Property, plant and equipment | $502.1M | $510.6M | $525.2M | $507.1M | $506.1M | $534.8M | $583.6M | $582.8M | $589.8M | $601.3M |
| Goodwill | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M |
| Total assets | $1.02B | $1.04B | $1.06B | $1.05B | $1.04B | $1.06B | $1.07B | $695.1M | $683.5M | $691.3M |
| Accounts payable | $38.4M | $51.0M | $60.6M | $59.6M | $48.8M | $37.8M | $23.4M | $36.5M | $25.3M | $31.1M |
| Total current liabilities | $187.8M | $196.3M | $199.3M | $196.9M | $200.4M | $177.9M | $158.4M | $150.4M | $122.5M | $125.7M |
| Long-term debt | $85.0M | $66.5M | $68.0M | $60.0M | $50.0M | $116.8M | $143.0M | $95.0M | $163.5M | $148.0M |
| Total liabilities | $649.3M | $671.0M | $692.7M | $700.4M | $701.4M | $765.6M | $781.8M | $385.9M | $424.8M | $416.4M |
| Retained earnings | $291.2M | $292.4M | $288.7M | $271.1M | $261.3M | $222.1M | $223.2M | $244.9M | $189.8M | $208.7M |
| Total equity | $366.2M | $370.0M | $365.8M | $345.5M | $333.8M | $293.8M | $290.3M | $309.2M | $258.7M | $274.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $110.5M | $101.5M | $105.8M | $51.1M | $64.3M | $40.5M | $116.0M | $132.9M | $107.0M | $138.4M |
| Depreciation and amortisation | $76.6M | $72.7M | $71.0M | $70.4M | $72.8M | $73.1M | $72.0M | $70.4M | $68.7M | $64.3M |
| Stock-based compensation | $8.1M | $8.6M | $10.9M | $10.1M | $10.3M | $9.8M | $8.9M | $8.3M | $6.9M | $5.5M |
| Capital expenditure | $69.6M | $76.9M | $98.9M | $78.6M | $42.2M | $43.3M | $82.2M | $61.0M | $70.7M | $109.4M |
| Investing cash flow | -$69.6M | -$76.9M | -$98.9M | -$71.9M | -$42.2M | -$35.7M | -$78.1M | -$55.5M | -$52.8M | -$104.9M |
| Financing cash flow | -$43.3M | -$27.6M | -$2.7M | $7.1M | -$35.3M | $24.4M | -$44.7M | -$72.6M | -$52.6M | -$45.4M |
| Dividends paid | $0 | $13.0K | $32.0K | $100.0K | $118.0K | $150.0K | $10.0M | $9.5M | $2.3M | — |
| Buybacks | $67.8M | $25.1M | $11.0M | $2.4M | — | $15.0M | $82.8M | $20.3M | $66.9M | $95.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-169008.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $993.1M | $1.03B | $1.12B | $1.16B | $778.5M | $1.09B | $1.28B | $1.33B | $1.36B | $1.40B |
| Gross profit | $741.6M | $763.1M | $835.0M | $866.4M | $582.9M | $798.9M | $934.3M | $986.7M | $1.01B | $1.05B |
| Net income | $45.6M | $44.8M | $50.8M | $45.2M | -$57.9M | -$3.6M | $4.1M | $19.7M | $16.7M | $48.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 5812
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|---|---|---|---|---|
| MCD | MCDONALDS CORP | $175.82B | 20.8x | 3.7% |
| YUM | YUM BRANDS INC | $40.85B | 27.0x | 8.8% |
| CMG | CHIPOTLE MEXICAN GRILL INC | $34.82B | 24.1x | 5.4% |
| QSR | Restaurant Brands International Inc. | $26.22B | 32.1x | 12.2% |
| DRI | DARDEN RESTAURANTS INC | $24.23B | 20.5x | 9.4% |
| YUMC | Yum China Holdings, Inc. | $15.25B | 17.7x | 4.4% |
| ARMK | Aramark | $13.86B | 43.1x | 6.4% |
| TXRH | Texas Roadhouse, Inc. | $10.87B | 27.2x | 9.4% |