JACK IN THE BOX INC JACK
Overview. Jack in the Box Inc. (NASDAQ: JACK), a Delaware corporation (the "Company" or "Jack in the Box"), founded and headquartered in San Diego, California, is a restaurant company that operates and franchises Jack in the Box®, one of the nation's largest hamburger chains with 2,136 restaurants across 22 states, and Del Taco®, one of the nation's largest Mexican-American quick service restaurants ("QSR") chains with 576 restaurants across 18 states.
In April, 2025, the Company announced a multi-faceted plan, which included exploring strategic alternatives for the Del Taco brand and the possible divestiture of that business. On October 15, 2025, the Company entered into a Stock Purchase Agreement (the "Purchase Agreement") with Yadav Enterprises, Inc., a California corporation ("Buyer") and Anil Yadav ("Buyer Guarantor") to sell to Buyer all of the issued and outstanding equity interests of Del Taco Holdings Inc., a Delaware corporation ("Del Taco"), which owns and operates the Company's Del Taco restaurant operations, for an aggregate purchase price of $115 million in cash, subject to certain closing cash, working capital, debt and transaction expense adjustments.
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 | $1.47B | $1.57B | $1.69B | $1.47B | $1.14B | $1.02B | $950.1M | $869.7M | $1.10B | $1.16B |
| Cost of revenue | — | — | — | — | — | — | $248.5M | $329.8M | $542.6M | $588.3M |
| Gross profit | — | — | — | — | — | — | $701.6M | $539.9M | $554.7M | $573.9M |
| SG&A | $149.6M | $143.2M | $172.9M | $130.8M | $82.0M | $80.7M | $76.4M | $104.8M | $117.3M | $152.1M |
| Total operating expenses | $1.48B | $1.49B | $1.41B | $1.22B | $853.7M | $790.9M | $747.9M | $636.2M | $851.9M | $970.8M |
| Operating income | -$18.1M | $82.5M | $278.8M | $248.3M | $289.9M | $230.6M | $202.2M | $233.4M | $245.4M | $191.5M |
| Interest expense | $78.9M | $80.0M | $82.4M | $86.1M | $67.5M | $66.7M | $85.0M | $45.5M | $38.1M | $24.3M |
| Pre-tax income | -$102.8M | -$4.3M | $189.3M | $161.9M | $221.6M | $122.1M | $115.8M | $186.1M | $203.9M | $167.2M |
| Income tax | $22.1M | $32.4M | $58.5M | $46.1M | $55.9M | $32.7M | $24.0M | $81.7M | $75.3M | $60.7M |
| Net income | -$80.7M | -$36.7M | $130.8M | $115.8M | $165.8M | $89.8M | $94.4M | $121.4M | $135.3M | $124.1M |
| EPS, basic | -4.24 | -1.87 | 6.35 | 5.46 | 7.40 | 3.88 | 3.66 | 4.26 | 4.42 | 3.68 |
| EPS, diluted | -4.24 | -1.87 | 6.30 | 5.45 | 7.37 | 3.86 | 3.62 | 4.21 | 4.38 | 3.63 |
| Shares, diluted (wtd. avg.) | $19.1M | $19.6M | $20.8M | $21.2M | $22.5M | $23.3M | $26.1M | $28.8M | $30.9M | $34.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Receivables | $90.3M | $83.6M | $99.7M | $103.8M | $74.3M | $78.4M | $45.2M | $57.4M | $59.6M | $73.4M |
| Inventory | $4.0M | $3.9M | $3.9M | $5.3M | $2.3M | $1.8M | $1.8M | $1.9M | $3.4M | $8.2M |
| Total current assets | $220.4M | $181.3M | $326.0M | $283.0M | $169.0M | $335.6M | $227.1M | $95.0M | $139.3M | $155.4M |
| Property, plant and equipment | $443.6M | $430.0M | $412.0M | $418.2M | $322.9M | $336.0M | $391.9M | $419.7M | $484.3M | $719.0M |
| Goodwill | $136.0M | $161.2M | $330.0M | $366.8M | $47.8M | $47.2M | $46.7M | $46.7M | $51.4M | $166.0M |
| Other intangibles | $9.9M | $10.5M | $11.3M | $12.3M | $470.0K | $277.0K | $425.0K | $600.0K | $1.4M | $14.0M |
| Total assets | $2.59B | $2.74B | $3.00B | $2.92B | $1.75B | $1.91B | $958.5M | $823.4M | $1.23B | $1.35B |
| Accounts payable | $71.1M | $69.5M | $85.0M | $66.3M | $29.1M | $31.1M | $37.1M | $45.0M | $28.4M | $40.7M |
| Short-term debt | — | — | — | — | — | — | — | $32.8M | $65.9M | — |
| Total current liabilities | $430.6M | $434.3M | $559.6M | $521.7M | $329.1M | $340.4M | $157.9M | $183.7M | $262.0M | $277.9M |
| Long-term debt | — | — | — | — | — | — | $1.30B | $1.07B | $1.15B | $995.1M |
| Retained earnings | $1.77B | $1.87B | $1.94B | $1.84B | $1.76B | $1.64B | $1.58B | $1.56B | $1.49B | $1.40B |
| Total equity | -$938.3M | -$851.8M | -$718.3M | -$736.2M | -$817.9M | -$793.4M | -$737.6M | -$591.7M | -$388.1M | -$217.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $162.4M | $68.8M | $215.0M | $162.9M | $201.1M | $143.5M | $168.4M | $104.1M | $133.7M | $104.4M |
| Depreciation and amortisation | $58.3M | $59.8M | $62.3M | $56.1M | $46.5M | $52.8M | $55.2M | $59.4M | $67.4M | $72.8M |
| Stock-based compensation | $8.2M | $13.5M | $11.2M | $7.1M | $4.0M | $4.4M | $8.1M | $9.1M | $10.6M | $11.3M |
| Capital expenditure | $88.2M | $91.2M | $60.0M | $46.5M | $41.0M | $19.5M | $47.6M | $37.8M | $39.0M | $43.3M |
| Investing cash flow | -$74.7M | -$69.4M | $42.2M | -$578.6M | -$20.9M | $29.1M | -$13.8M | $65.7M | $67.4M | -$32.5M |
| Financing cash flow | -$60.0M | -$131.2M | -$207.4M | $478.2M | -$343.5M | -$87.3M | -$5.7M | -$445.5M | -$223.6M | -$43.6M |
| Dividends paid | $16.6M | $34.0M | $35.9M | $37.0M | $37.3M | $27.5M | $41.2M | $45.4M | $48.9M | $40.3M |
| Buybacks | $5.0M | $70.0M | $90.0M | $25.0M | $200.0M | $155.6M | $137.7M | $325.6M | $334.4M | $284.6M |
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 0000807882-25-000072.
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