ARK Restaurants Corp key statistics and ratios

In fiscal 2025, ARK Restaurants Corp had return on equity of -29.8%, an operating margin of -2.5%, debt equal to 10.7% of equity and a current ratio of 0.77. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

ARK Restaurants Corp: financial ratios, annual
Fiscal year	2010Oct 2010	2011Oct 2011	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Oct 2015	2016Oct 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Oct 2020	2021Oct 2021	2022Oct 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Operating margin	2.5%	4.2%	7.2%	5.1%	5.5%	6.1%	5.2%	4.6%	3.1%	2.0%	−7.3%	4.7%	5.4%	−2.6%	−2.3%	−2.5%	−1.6%
Net margin	2.2%	1.0%	4.0%	2.9%	3.5%	3.7%	2.7%	2.6%	2.9%	1.6%	−4.4%	9.8%	5.1%	−3.2%	−2.1%	−6.9%	−2.0%
Free-cash-flow margin	2.2%	4.2%	3.9%	7.5%	6.0%	5.6%	3.6%	−2.3%	2.8%	4.4%	−6.6%	5.4%	9.6%	2.5%	1.2%	−0.9%	−4.1%
Return on equity	7.3%	4.1%	16.6%	11.7%	14.2%	14.3%	10.2%	9.8%	11.0%	6.4%	−12.0%	29.7%	16.8%	−10.8%	−8.3%	−29.8%	−9.9%
Return on assets	5.0%	2.7%	10.0%	6.9%	8.1%	8.2%	6.0%	5.4%	5.6%	3.0%	−3.8%	8.2%	5.0%	−3.1%	−2.3%	−7.9%	−2.4%
Asset turnover	2.28	2.59	2.52	2.34	2.29	2.21	2.23	2.07	1.94	1.81	0.86	0.84	0.99	0.96	1.10	1.14	1.19
Current ratio	1.47	1.32	1.33	1.02	0.92	1.01	0.96	0.39	0.74	0.76	0.89	1.08	1.12	0.79	0.63	0.77	0.78
Debt to equity	0.8%	0.2%	6.5%	11.2%	20.0%	14.1%	19.8%	33.0%	62.5%	63.3%	123.4%	64.4%	39.6%	14.2%	11.8%	10.7%	22.4%
Interest cover (operating income ÷ interest)	103.4x	—	—	106.5x	38.0x	37.6x	18.8x	9.3x	4.3x	2.3x	n/m	5.0x	8.3x	n/m	n/m	n/m	n/m
Effective tax rate	32.6%	23.6%	28.8%	27.5%	22.3%	28.9%	27.6%	26.0%	−29.2%	−31.6%	—	7.7%	12.5%	—	—	—	—
Capital spending as % of revenue	2.5%	2.0%	5.8%	2.5%	2.6%	2.2%	1.4%	9.0%	3.2%	2.1%	2.3%	1.6%	1.5%	2.1%	1.3%	2.0%	3.9%
Free cash flow ÷ net income	101.7%	406.9%	98.9%	255.6%	169.0%	150.2%	135.3%	−88.0%	96.9%	268.9%	—	55.5%	190.1%	—	—	—	—
Dividends ÷ net income	268.0%	246.9%	59.1%	63.6%	66.8%	78.7%	84.9%	63.6%	74.0%	130.1%	—	0.0%	9.6%	—	—	—	—
Dividends and buybacks ÷ free cash flow	263.6%	60.7%	78.2%	35.1%	51.5%	64.7%	62.7%	—	76.3%	48.4%	—	0.0%	5.1%	49.7%	92.6%	—	—

US$ thousands unless shown otherwise. Fiscal quarters.

ARK Restaurants Corp: financial ratios, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Operating margin	−12.7%	12.6%	−11.6%	−7.8%	−4.6%	2.7%	−4.5%	−0.3%
Net margin	−10.3%	7.0%	−23.3%	−7.9%	−5.1%	2.2%	−4.9%	−0.8%
Free-cash-flow margin	−1.1%	−4.4%	0.7%	2.7%	−2.6%	−4.4%	−5.8%	−3.5%
Current ratio	0.63	0.83	0.73	0.88	0.77	0.76	0.88	0.78
Debt to equity	0.0%	0.0%	0.0%	5.8%	6.2%	5.6%	21.4%	21.5%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 7 checks passed · June 27, 2026

What it owns · $129m

Short-term assets $16mLonger-term assets $113m

What it owes, and who funded it · $130m

Short-term liabilities $20mLonger-term liabilities $78mShareholders' equity $32m

Short-term assets cover short-term liabilities $16m of assets due within a year against $20m of liabilities due within a year.
Short-term assets cover long-term liabilities $16m short-term assets against $78m of longer-dated liabilities.
More cash than debt $9m of cash against $7m of debt.
Debt below 40% of shareholders' equity Debt is 21% of equity.
Debt burden no higher than five years ago Debt to equity moved from 45% to 21% over five years.
A year's operating cash flow covers at least 20% of debt −$239,000 of operating cash flow against $7m of debt.
Operating profit covers interest at least five times over Operating income of −$2m against $362,000 of interest.

From ARK Restaurants Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

31 /100

Weak moat

How hard ARK Restaurants's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 1 / 20

Net income has been a median 2.7% of total assets over 10 years.
Durability 0 / 20

Operating margin has been a median 1.1%; its worst year was -5.5%.
Cash conversion 7 / 20

Free cash flow was positive in 6 of 10 years, at a median 1.8% of revenue.
Discipline 16 / 20

The diluted share count rose 1.3% over five years; stock-based pay has been a median 0.1% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: ARKR vs NATH ARKR vs GTIM ARKR vs THCH ARKR vs GENK

More: Restaurants stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from ARK Restaurants Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to ARK Restaurants Corp.