Flanigans Enterprises vs Nathans Famous
Flanigans Enterprises is the larger business, with $205m of revenue in fiscal 2025 against $162m for Nathans Famous (1.3 times as much). Flanigans Enterprises grew faster (9.6% against 9.4%). Nathans Famous kept more of each dollar of sales as profit: a net margin of 12.4% against 2.5%.
| Latest fiscal year | Flanigans EnterprisesBDL, 2025 | Nathans FamousNATH, 2026 |
|---|---|---|
| Revenue | $205m | $162m |
| Revenue growth | 9.6% | 9.4% |
| Net income | $5.0m | $20.0m |
| Operating margin | 4.3% | 18.6% |
| Net margin | 2.5% | 12.4% |
| Return on equity | 7.2% | — |
| Free cash flow | $4.7m | $17.9m |
| Cash | $20.1m | $24.4m |
| Total debt | $20.9m | $48.4m |
| Debt to equity | 32.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 129 |
| Market value | $121m | $418m |
| Price vs our value range | — | Below our value range |
| Moat score | 46 (Moderate) | 74 (Strong) |
| Insider trades, 12 months | 8 buys, 0 sales | 0 buys, 0 sales |